NOT LISTED FOR SALE

36313 Bayard Rd Frankford, DE 19945

Estimated Value: $203,814 - $3,354,000

42.48 Acres
$31,637 Price per Acre
1,850,429 Sq Ft Lot

Last Sold May 24, 2024

Last sale price $4,600,000

Current estimated payment $7,388/month

About This Lot

As of May 2024

Approved Subdivision....awaiting Final Construction Plan approval by Sussex County.

Last Agent to Sell the Property

J. T. TIMMONS

Keller Williams Realty License #RS-0012871 Listed on: 03/27/2024

Keller Williams Realty

Co-Listed By

Andy Timmons

Keller Williams Realty License #682445

Last Buyer's Agent

J. T. TIMMONS

Keller Williams Realty License #RS-0012871 Listed on: 03/27/2024

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $566

Lot Details

  • 42.48 Acre Lot
  • Property is zoned AR-1

Utilities

  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 533-11.00-87.00

Property Details

Property Type

Land

Est. Annual Taxes

$566

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
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Approved Subdivision....awaiting Final Construction Plan approval by Sussex County.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 2.49
  • Street Number Modifier: 36313

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: No Sewer System

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Use Code: 999
  • Lot Size Acres: 42.48
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1850429.00
  • Year Assessed: 2023
  • Zoning: AR-1
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 505.00
  • Tax Annual Amount: 566.00
  • Assessor Parcel Number: 533-11.00-87.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 05/24/2024

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2024
Closed on
May 24, 2024
Sold by
Gulfstream Development Ltd
Bought by
Christopher At Brookland Farm Llc
Seller's Agent
J. T. TIMMONS
Keller Williams Realty
Buyer's Agent
J. T. TIMMONS
Keller Williams Realty
List Price
$4,600,000
Sold Price
$4,600,000
Current Estimated Value
$1,343,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,256,062
Avg. Annual Appreciation
-43.11%
Original Mortgage
$2,357,500
Outstanding Balance
$2,329,931
Interest Rate
7.1%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$132,796

Purchase Details

Closed on
Oct 7, 2021
Sold by
Brookland Farm Llc
Bought by
Gulfstream Dev Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,309,160
Interest Rate
2.96%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 17, 2021
Sold by
H F & Cecilia Higgins Ret
Bought by
Brookland Farm Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,309,160
Interest Rate
2.96%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 21, 1995
Bought by
Brookland Farm Properties Llc
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
Christopher At Brookland Farm Llc $4,600,000 None Listed On Document
Gulfstream Dev Llc $1,784,160 None Available
Brookland Farm Llc -- None Available
Brookland Farm Properties Llc $186,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Christopher At Brookland Farm Llc $2,357,500
Previous Owner Gulfstream Dev Llc $1,309,160
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Sold $4,600,000 0.0% --
03/27/2024 03/27/24 For Sale $4,600,000 -- --
03/08/2024 03/08/24 Pending -- -- --
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 $2,733 $13,700 $1,500 $12,200
2023 $614 $13,700 $1,500 $12,200
2022 $585 $13,700 $1,500 $12,200
2021 $568 $13,700 $1,500 $12,200
2020 $544 $13,700 $1,500 $12,200
2019 $541 $13,700 $1,500 $12,200
2018 $546 $13,700 $0 $0
2017 $551 $13,700 $0 $0
2016 $489 $13,700 $0 $0
2015 $503 $13,700 $0 $0
2014 $505 $13,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J. T. TIMMONS

    Seller's Agent in 2024

    J. T. TIMMONS

    Keller Williams Realty

    (302) 381-2800

    24 in this area

    122 Total Sales

    J. T. TIMMONS
    Section Image
  • Andy Timmons

    Seller Co-Listing Agent in 2024

    Andy Timmons

    Keller Williams Realty

    (302) 236-7349

    21 in this area

    105 Total Sales

    Andy Timmons
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU2059038

Bright MLS

APN: 533-11.00-87.00

Delaware Sussex County Frankford 19945

36313 Bayard Rd, Frankford, DE

This home is located at 36313 Bayard Rd, Frankford, DE 19945 since 27 March 2024 and is currently estimated at $1,343,938. 36313 Bayard Rd is a home located in Sussex County with nearby schools including Phillip C. Showell Elementary School, Selbyville Middle School, and Indian River High School.

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