NOT LISTED FOR SALE

36824 Millsboro Hwy Millsboro, DE 19966

Estimated Value: $132,298 - $305,000

2.31 Acres
$86,613 Price per Acre
100,624 Sq Ft Lot

Last Sold April 03, 2024

Last sale price $125,000

Est. 60% increase in value since last sale

Current estimated payment $1,080/month

120 Days on Market

About This Lot

As of April 2024

Located in the heart of Gumboro is where you will find this property consisting of approximately 2.3 +/- acres of land with 121' of road frontage on Millsboro Highway. The property is zoned C-1 per Sussex County making the possibilities endless. The front is the property is partially cleared and the back of the property is wooded. Old dwellings on the property are of no value. It is believed there is a cesspool on the property. Buyer will be responsible for completing any site work and surveys.

Last Agent to Sell the Property

SHERRY MITCHELL

(302) 228-2128 sherry.mitchell@indianriverland.com INDIAN RIVER LAND CO License #RS-0022341 Listed on: 10/12/2023

Last Buyer's Agent

Jaime Cortes

(443) 365-0775 jaimecorteshomes@gmail.com Coldwell Banker Realty License #36173

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $299

Lot Details

  • 2.31 Acre Lot
  • Property is zoned C-1

Utilities

  • Cesspool

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 333-11.00-35.00

Property Details

Property Type

Land

Est. Annual Taxes

$299

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 113 & 13
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 1.55

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: Cess Pool

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 2.31
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 100624.00
  • Zoning: C-1
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 267.00
  • Tax Annual Amount: 299.00
  • Assessor Parcel Number: 333-11.00-35.00
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2023
Closed on
Apr 3, 2024
Sold by
Betts Glenn William
Bought by
Barros Moises
Seller's Agent
SHERRY MITCHELL
INDIAN RIVER LAND CO
Buyer's Agent
Jaime Cortes
Coldwell Banker Realty
List Price
$162,000
Sold Price
$125,000
Premium/Discount to List
-$37,000
-22.84%
Views
117
Current Estimated Value
$200,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,075
Avg. Annual Appreciation
34.93%
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
Barros Moises $125,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2024 04/03/24 Sold $125,000 -19.9% --
02/09/2024 02/09/24 Pending -- -- --
12/07/2023 12/07/23 Price Changed $156,000 -3.7% --
10/12/2023 10/12/23 For Sale $162,000 -- --
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 $334 $7,250 $2,000 $5,250
2024 $305 $7,250 $2,000 $5,250
2023 $305 $7,250 $2,000 $5,250
2022 $300 $7,250 $2,000 $5,250
2021 $291 $7,250 $2,000 $5,250
2020 $278 $7,250 $2,000 $5,250
2019 $277 $7,250 $2,000 $5,250
2018 $279 $7,250 $0 $0
2017 $282 $7,250 $0 $0
2016 $249 $7,250 $0 $0
2015 $256 $7,250 $0 $0
2014 $252 $7,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    SHERRY MITCHELL

    INDIAN RIVER LAND CO

    (302) 228-2128

    5 in this area

    67 Total Sales

    SHERRY MITCHELL
    Section Image
  • Jaime Cortes

    Buyer's Agent in 2024

    Jaime Cortes

    Coldwell Banker Realty

    (443) 365-0775

    1 in this area

    183 Total Sales

    Jaime Cortes
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU2049692

Bright MLS

APN: 333-11.00-35.00

Delaware Sussex County Millsboro 19945

36824 Millsboro Hwy, Millsboro, DE

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