NOT LISTED FOR SALE

36031 Living Hope Ln Frankford, DE 19945

Estimated Value: $542,000 - $904,000

1.11 Acres
$627,928 Price per Acre
48,352 Sq Ft Lot

Last Sold August 15, 2022

Last sale price $135,000

Est. 416% increase in value since last sale

Current estimated payment $3,664/month

About This Lot

As of August 2022

Lot #2 Living Hope Lane - a 1.11-acre lot, in a beautiful rural setting, with minimal deed restrictions. The Septic - Site Evaluation is being finalized as well as the recordation of the final site plan. The preliminary soils reports indicate an elevated sand mound septic system with advanced nitrogen removal will be required. Sale is contingent upon the final subdivision of the parcel, which is expected within the next 30-60 days. The parcel is adjacent to a tax ditch and included an ingress/egress for the remaining three (3) lots of the small four (4) lot subdivision. The tax map address and the 911 Address will be different once the subdivision is completed and recorded.

Last Agent to Sell the Property

PATRICK MONTAGUE

(302) 381-6992 patrick@patrickmontague.com Long & Foster Real Estate, Inc. Listed on: 03/07/2022

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Jennifer Hughes

(302) 858-6483 jenh@easternshorepropertyguide.com Keller Williams Realty

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $189

Lot Details

  • 1.11 Acre Lot
  • Lot Dimensions are 156.00 x 303.00
  • Rural Setting
  • Cleared Lot
  • Property is zoned AR-1

Schools

  • Phillip C. Showell Elementary School
  • Selbyville Middle School
  • Sussex Central High School

Utilities

  • Well Required
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 533-05.00-73.02

Property Details

Property Type

Land

Est. Annual Taxes

$189

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Agriculture, Residential
  • Historic: No
  • Federal Flood Zone: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 2.79

Exterior Features

  • Construction Completed: No
  • 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: On Site Septic
  • Water Source: Well Required

Condo/Co-op/Association

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

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: PHILLIP C. SHOWELL
  • High School: SUSSEX CENTRAL
  • Middle Or Junior School: SELBYVILLE

Lot Info

  • Additional Parcels: No
  • Lot Features: Cleared, Rural
  • Lot Size Acres: 1.11
  • Lot Dimensions: 156.00 x 303.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 48351.60
  • Possible Use: Residential, Recreational, Agriculture
  • Zoning: AR-1
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5241502
  • School Tax: 23.00
  • Tax Annual Amount: 26.00
  • Assessor Parcel Number: 533-05.00-73.02
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2021
Sold by
Pmp Assoc Llc
Bought by
Loose Joshua and Looseh Kristen
Current Estimated Value
$697,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,309
Outstanding Balance
$410,811
Interest Rate
3.1%
Mortgage Type
Construction
Estimated Equity
$286,189
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
Loose Joshua $250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loose Joshua $453,309
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2022 08/15/22 Sold $135,000 0.0% --
06/01/2022 06/01/22 Price Changed $135,000 -12.9% --
04/23/2022 04/23/22 Price Changed $155,000 -6.1% --
03/07/2022 03/07/22 For Sale $165,000 -- --
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
2025 $189 $650 $650 $0
2024 $1,881 $650 $650 $0
2023 $1,855 $650 $650 $0
2022 $157 $650 $650 $0
2021 $88 $650 $650 $0
2020 $86 $650 $650 $0
2019 $86 $650 $650 $0
2018 $87 $650 $0 $0
2017 $25 $650 $0 $0
2016 $65 $650 $0 $0
2015 $66 $650 $0 $0
2014 $68 $650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2017602

Bright MLS

APN: 533-05.00-73.00