NOT LISTED FOR SALE

Estimated Value: $274,609 - $2,915,000

42.48 Acres
$29,321 Price per Acre
1,850,429 Sq Ft Lot

Sale Details

Date Sold: May 24, 2024

Last sale price $4,600,000

Current estimated payment $6,792 / mo

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

(302) 360-0300 steve@srarealty.com Keller Williams Realty License #RS-0012871 Listed on: 03/27/2024

Keller Williams Realty

Co-Listed By

Andy Timmons

(302) 360-0300 steve@srarealty.com Keller Williams Realty License #682445

Last Buyer's Agent

J. T. TIMMONS

(302) 360-0300 steve@srarealty.com 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

42.48 Acres

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
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 2.49

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 Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 42.48
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1850429.00
  • 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

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2024
Closed on
May 24, 2024
Sold by
Bought by
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
Views
2
Current Estimated Value
$1,245,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,354,464
Avg. Annual Appreciation
-45.38%
Original Mortgage
$2,357,500
Interest Rate
0.071%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 7, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
0.05%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 17, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
0.05%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 21, 1995
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,600,000 None Listed On Document
$1,784,160 None Available
-- None Available
$186,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,357,500
Previous Owner $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $64 $13,700 $1,500 $12,200
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

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Map

Source: Bright MLS

MLS Number: DESU2059038

Bright MLS

APN: 533-11.00-87.00

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