NOT LISTED FOR SALE

34028 Red Oak Dr Frankford, DE 19945

Estimated Value: $110,100 - $651,000

0.57 Acre
$557,953 Price per Acre
24,829 Sq Ft Lot

Last Sold June 03, 2022

Last sale price $97,500

Est. 226% increase in value since last sale

Current estimated payment $1,745/month

38 Days on Market

Highlights

  • 0.57 Acre Lot
  • Private Lot
  • No HOA
  • Lord Baltimore Elementary School Rated A-
  • Partially Wooded Lot
  • Split Rail Fence

About This Lot

As of June 2022

A very attractive lot located in the Oak Acres Community. Originally 2 lots { 1 and 2} however are currently combined . Purchase this extra large .57 acre lot as is . Formerly 2 lots with mobile homes which have been removed} . There are existing septic and well which were utilized with previous mobile homes. No warranty as to adequacy of well.{ A site Evaluation was done and approved by DNREC for requirements for replacement septic system { Full DNREC Report is available} . Note 34190 Pin Oak is also available for sale and it also was originally 2 lots { 24 + 25}

Last Agent to Sell the Property

Dennis Mather

Long & Foster Real Estate, Inc. License #RS-0020611 Listed on: 04/01/2022

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Inese D'Onofrio

Coldwell Banker Realty License #665784

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $52

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 150.00 x 167.00
  • Split Rail Fence
  • Partially Fenced Property
  • Private Lot
  • Corner Lot
  • Partially Wooded Lot
  • Property is zoned GR

Schools

  • Lord Baltimore Elementary School
  • Sussex Central High School

Utilities

  • Well Required
  • Site Evaluation on File
  • Septic Tank
  • No Septic Approved

Community Details

  • No Home Owners Association
  • Oak Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 134-19.00-121.00

Property Details

Property Type

Land

Est. Annual Taxes

$52

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Historic: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: A very attractive lot located in the Oak Acres Community. Originally 2 lots { 1 and 2} however are currently combined . Purchase this extra large .57 acre lot as is . Formerly 2 lots with mobile homes which have been removed} . There are existing septic and well which were utilized with previous mobile homes. No warranty as to adequacy of well.{ A site Evaluation was done and approved by DNREC for requirements for replacement septic system { Full DNREC Report is available} . Note 34190 Pin Oak is also available for sale and it also was originally 2 lots { 24 + 25}
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 3.93
  • Street Number Modifier: 34028

Exterior Features

  • Construction Completed: No
  • Road Surface Type: Black Top
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Site Evaluation On File, Septic Exists, No Septic Approved
  • Utilities: Electric Available
  • Water Source: Well Required
  • Municipal Trash: No

Condo/Co-op/Association

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

Schools

  • School District: INDIAN RIVER
  • Elementary School: LORD BALTIMORE
  • High School: SUSSEX CENTRAL
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • School District Key: 300200396898
  • School District Source: 3rd Party
  • Elementary School: LORD BALTIMORE
  • High School: SUSSEX CENTRAL

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Split Rail, Partially
  • Land Use Code: RV
  • Lot Features: Corner, Partly Wooded, Private
  • Lot Size Acres: 0.57
  • Lot Dimensions: 150.00 x 167.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 24829.00
  • Year Assessed: 2021
  • Zoning: GR
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Lease In Effect: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5118727
  • School Tax: 44.00
  • Tax Annual Amount: 49.00
  • Assessor Parcel Number: 134-19.00-121.00
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 06/03/2022

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2022
Closed on
Jun 3, 2022
Sold by
Sanford Velma M
Bought by
Good Shawn D and Good Heather Nicole
Seller's Agent
Dennis Mather
Long & Foster Real Estate, Inc.
Buyer's Agent
Inese D'Onofrio
Coldwell Banker Realty
List Price
$118,000
Sold Price
$97,500
Premium/Discount to List
-$20,500
-17.37%
Current Estimated Value
$318,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,533
Avg. Annual Appreciation
13.21%

Purchase Details

Closed on
Feb 6, 1989
Bought by
Sanford Herman A and Sanford Velma M
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
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
Good Shawn D $97,500 Mancini Chris
Sanford Herman A $36,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2022 06/03/22 Sold $97,500 0.0% --
05/09/2022 05/09/22 Pending -- -- --
05/05/2022 05/05/22 Price Changed $97,500 -17.4% --
04/01/2022 04/01/22 For Sale $118,000 -- --
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
2024 $52 $1,250 $1,250 $0
2023 $52 $1,250 $1,250 $0
2022 $51 $1,250 $1,250 $0
2021 $49 $1,250 $1,250 $0
2020 $47 $1,250 $1,250 $0
2019 $47 $1,250 $1,250 $0
2018 $47 $1,250 $0 $0
2017 $48 $1,250 $0 $0
2016 $42 $1,250 $0 $0
2015 $43 $1,250 $0 $0
2014 $43 $1,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2019226

Bright MLS

APN: 134-19.00-121.00