NOT LISTED FOR SALE

34381 Millsboro Hwy Millsboro, DE 19966

Estimated Value: $414,000

-- Bed
-- Bath
1,200 Sq Ft
$345/Sq Ft Est. Value

Last Sold December 06, 2022

Last sale price $2,200,000 $1,833 Per Sq Ft

Current estimated payment $2,480/month

380 Days on Market

Highlights

  • 34 Acre Lot
  • Home Security System
  • Shed
  • No HOA
  • Feed Barn
  • Central Air

About This Home

As of December 2022

TURN KEY poultry operation with active Mountaire contract! 34 acres with 4 60x600 state of art poultry house built in 2017.

Last Agent to Sell the Property

Matt Brittingham

(302) 344-9026 Matt@DelawareShoreProperties.com Patterson-Schwartz-Rehoboth License #RA-0003405 Listed on: 09/09/2021

Patterson-Schwartz-Rehoboth

Last Buyer's Agent

NON MEMBER

NONMEM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,801

Year Built

  • Built in 2017

Lot Details

  • 34 Acre Lot
  • Property is zoned FARM/AR1

Parking

  • Driveway

Home Design

  • Slab Foundation
  • Wood Walls
  • Metal Roof
  • Stick Built Home

Interior Spaces

  • 1,200 Sq Ft Home
  • Property has 1 Level
  • Laminate Flooring
  • Home Security System

Outdoor Features

  • Exterior Lighting
  • Shed

Farming

  • Feed Barn
  • Crops
  • Poultry Farm

Horse Facilities and Amenities

  • Farm Equipment

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Radiant Heating System
  • Well
  • Electric Water Heater
  • Not Applied For Permit

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 333-07.00-32.02

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,801

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Property Type: Farm
  • Structure Type: Detached
  • Sussex De Quadrants: Between Rt 113 & 13
  • Ownership: Fee Simple
  • New Construction: No
  • Federal Flood Zone: No
  • Year Built: 2017
  • Remarks Public: TURN KEY poultry operation with active Mountaire contract! 34 acres with 4 60x600 state of art poultry house built in 2017.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Laminate Plank
  • Wall Ceiling Types: Wood Walls
  • Foundation Details: Slab
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Price Per Sq Ft: 2000.00
  • Above Grade Finished Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 34381

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Exterior Features: Exterior Lighting
  • Roof: Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup, Radiant
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Not Applied For Permit
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898
  • School District Source: Listing Agent

Lot Info

  • Crops Included: Yes
  • Farm Features: Farm Equipment, Feed Barn, Poultry Amenities, Security System, Shed(s)
  • Farm Land Area Units: Acres
  • Farm Operation: Poultry, Row Crop
  • Land Lease: No
  • Lot Size Acres: 34.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1481040.00
  • Remarks Farm: 144,000 total birds per flock
  • Tillable Acres: 13.00
  • Zoning: FARM/AR1
  • Farmland Preservation: No
  • In City Limits: No
  • Poultry Farm Features: Alarm System, Broilers, Foggers, House Type - A-Frame

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 5188278
  • Tax Annual Amount: 4801.00
  • Assessor Parcel Number: 333-07.00-32.02
  • Tax Year: 2020
  • Close Date: 12/06/2022

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Dec 6, 2022
Sold by
Hammond Brandon Leroy
Bought by
Al Barkat Farm Llc
Seller's Agent
Matt Brittingham
Patterson-Schwartz-Rehoboth
Buyer's Agent
NON MEMBER
NONMEM
List Price
$2,400,000
Sold Price
$2,200,000
Premium/Discount to List
-$200,000
-8.33%
Current Estimated Value
$414,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,786,000
Avg. Annual Appreciation
-43.78%
Original Mortgage
$1,775,000
Outstanding Balance
$1,719,959
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
-$1,305,959

Purchase Details

Closed on
Oct 28, 2015
Sold by
Mitchem Larry W and Hammond Brandon Leroy
Bought by
Hammond Brandon Leroy and Hammond Holly Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 1988
Bought by
Mitchem Larry W and Mitchem Lucille M
Source: Public Records

Range of Values:

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Average Value
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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
Al Barkat Farm Llc $2,200,000 --
Hammond Brandon Leroy $272,000 None Available
Mitchem Larry W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Al Barkat Farm Llc $1,775,000
Previous Owner Hammond Brandon Leroy $1,120,000
Previous Owner Hammond Brandon Leroy $150,000
Closed Al Barkat Farm Llc $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2022 12/06/22 Sold $2,200,000 -8.3% $1,833 / Sq Ft
09/24/2022 09/24/22 Pending -- -- --
09/20/2022 09/20/22 For Sale $2,400,000 0.0% $2,000 / Sq Ft
09/20/2022 09/20/22 Price Changed $2,400,000 -11.1% $2,000 / Sq Ft
03/11/2022 03/11/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $2,700,000 0.0% $2,250 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $2,700,000 -- $2,250 / 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 $3,622 $127,850 $0 $127,850
2024 $5,292 $127,850 $0 $127,850
2023 $5,287 $127,850 $0 $127,850
2022 $5,201 $127,850 $0 $127,850
2021 $5,046 $127,850 $0 $127,850
2020 $4,815 $127,850 $0 $127,850
2019 $4,794 $127,850 $0 $127,850
2018 $4,840 $127,850 $0 $0
2017 $4,880 $127,850 $0 $0
2016 $6 $0 $0 $0
2015 $6 $0 $0 $0
2014 $6 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matt Brittingham

    Seller's Agent in 2022

    Matt Brittingham

    Patterson Schwartz

    (302) 344-9026

    38 in this area

    238 Total Sales

    Matt Brittingham
    Section Image

  • N

    Buyer's Agent in 2022

    NON MEMBER

    NONMEM

See All Agents

Map

Source: Bright MLS

MLS Number: DESU2006218

Bright MLS

APN: 333-07.00-32.02

Delaware Sussex County Millsboro 19966

34381 Millsboro Hwy, Millsboro, DE

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