NOT LISTED FOR SALE

33288 Mercer Ave Millsboro, DE 19966

Estimated Value: $264,083 - $344,000

4 Beds
1 Bath
1,100 Sq Ft
$287/Sq Ft Est. Value

Last Sold October 31, 2017

Last sale price $209,000 $190 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,699/month

Highlights

  • Bay View
  • Attic
  • Porch
  • Waterfront
  • No HOA
  • Bungalow

About This Home

As of October 2017

Waterfront on Indian River!! Here's an original cottage... waiting, like a diamond in the rough, for you to remodel or rebuild to match the neighboring "WOW" homes you currently see all along the River. This home has a new raised block foundation. Here's your chance to pick up a small home on a great lot, in the very BEST location! Why not build you own equity? This property once had it's own pier and boat dock. You'll love the setting, it's peaceful and quiet with the kind of views only water front living can give you. Grill while taking in afternoon sunsets that are simply outstanding! Fish or crab out front and keep your boat in your yard if you like...without breaking any rules! Take the kids tubing, skiing and spend the entire summer on the water right at your property. Experience beach and water front living, the way families used to do, without any HOA fees! Forever!! This is the smart way to have it all! One of the sellers is a licensed DE Real Estate Agent.

Last Agent to Sell the Property

Diane Lane

(302) 632-0049 dianelane@northroprealty.com Northrop Realty License #RS-0014544 Listed on: 01/14/2017

Northrop Realty

Last Buyer's Agent

Diane Lane

(302) 632-0049 dianelane@northroprealty.com Northrop Realty License #RS-0014544 Listed on: 01/14/2017

Northrop Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $554

Year Built

  • Built in 1940

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40 x 100
  • Waterfront
  • Cleared Lot
  • Zoning described as GENERAL RESIDENTIAL

Home Design

  • Bungalow
  • Block Foundation
  • Asbestos Shingle Roof
  • Aluminum Siding
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,100 Sq Ft Home
  • Property has 1 Level
  • Vinyl Flooring
  • Bay Views
  • Crawl Space
  • Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Parking

  • Dirt Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property near a bay
  • Porch

Additional Features

  • Flood Risk
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 234-35.05-138.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$554

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1940
  • Remarks Public: Waterfront on Indian River!! Here's an original cottage... waiting, like a diamond in the rough, for you to remodel or rebuild to match the neighboring "WOW" homes you currently see all along the River. This home has a new raised block foundation. Here's your chance to pick up a small home on a great lot, in the very BEST location! Why not build you own equity? This property once had it's own pier and boat dock. You'll love the setting, it's peaceful and quiet with the kind of views only water front living can give you. Grill while taking in afternoon sunsets that are simply outstanding! Fish or crab out front and keep your boat in your yard if you like...without breaking any rules! Take the kids tubing, skiing and spend the entire summer on the water right at your property. Experience beach and water front living, the way families used to do, without any HOA fees! Forever!! This is the smart way to have it all! One of the sellers is a licensed DE Real Estate Agent.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Water Heater
  • Flooring Type: Vinyl
  • Interior Amenities: Attic
  • Fireplace: No
  • Foundation Details: Block, Crawl Space
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1100
  • Living Area Sq Ft: 1100
  • Net Sq Ft: 1100.00
  • Price Per Sq Ft: 271.82
  • Above Grade Finished Sq Ft: 1100
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 33288

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Aluminum Siding, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Outside Shower
  • Roof: Asbestos Shingle
  • View: Bay
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Dirt Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 0.09
  • Lot Dimensions: 40 X 100
  • Lot Size Units: Acres
  • Lot Sq Ft: 3920.00
  • Outdoor Living Structures: Porch(es)
  • Zoning Description: GENERAL RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5167078
  • Assessor Parcel Number: 234-35.05-138.00
  • County Tax Payment Frequency: Annually
  • Close Date: 10/31/2017

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2024
Sold by
Montigney Bernard D and Hassaj Carl J
Bought by
Hassaj Jacob F and Hassaj Ruth R
Current Estimated Value
$315,771

Purchase Details

Closed on
Jun 18, 2021
Sold by
Hassaj Carl J and Hassaj Jacob F
Bought by
Hassaj Carl J and Hassaj Carie L

Purchase Details

Listed on
Jan 14, 2017
Closed on
Nov 2, 2017
Sold by
Shea Bonnie W and Payne Patricia W
Bought by
Hassaj Carl J and Hassaj Jacob F
Seller's Agent
Diane Lane
Northrop Realty
Buyer's Agent
Diane Lane
Northrop Realty
List Price
$385,000
Sold Price
$209,000
Premium/Discount to List
-$176,000
-45.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.30%

Purchase Details

Listed on
Jan 14, 2017
Closed on
Oct 31, 2017
Sold by
Shea Bonnie W and Payne Patricia W
Bought by
Hassaj Carl J and Hassaj Jacob F
Seller's Agent
Diane Lane
Northrop Realty
Buyer's Agent
Diane Lane
Northrop Realty
List Price
$385,000
Sold Price
$209,000
Premium/Discount to List
-$176,000
-45.71%

Purchase Details

Closed on
Dec 31, 1998
Bought by
West James A and Cordrey Ke Ina W
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hassaj Jacob F -- None Listed On Document
Hassaj Carl J -- None Available
Hassaj Carl J $209,000 --
Hassaj Carl J $209,000 --
West James A -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2017 10/31/17 Sold $209,000 -30.1% $190 / Sq Ft
09/11/2017 09/11/17 Pending -- -- --
08/12/2017 08/12/17 Price Changed $299,000 -22.3% $272 / Sq Ft
01/14/2017 01/14/17 For Sale $385,000 -- $350 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $554 $8,550 $700 $7,850
2024 $354 $8,550 $700 $7,850
2023 $353 $8,550 $700 $7,850
2022 $347 $8,550 $700 $7,850
2021 $361 $8,550 $700 $7,850
2020 $322 $8,550 $700 $7,850
2019 $320 $8,550 $700 $7,850
2018 $323 $8,550 $0 $0
2017 $326 $8,550 $0 $0
2016 $287 $8,550 $0 $0
2015 $296 $8,550 $0 $0
2014 $292 $8,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001024798

Bright MLS

APN: 234-35.05-138.00