NOT LISTED FOR SALE

38251 Murphy Cir E Selbyville, DE 19975

Estimated Value: $168,000 - $425,000

1.02 Acres
$285,006 Price per Acre
44,431 Sq Ft Lot

Last Sold November 08, 2023

Last sale price $215,000

Est. 35% increase in value since last sale

Current estimated payment $1,536/month

30 Days on Market

About This Lot

As of November 2023

Fenwick Island Estates * A little over an acre of buildable land approximately 8 miles to the beach * No HOA, so NO HOA FEES * Water/Sewer Hookup available * Convenient location yet off the busy streets * Country living at it's best* You pick what you want to build just don't wait too long or you may just miss an opportunity * Property is marked naturally by treeline *

Last Agent to Sell the Property

Grace Masten

(443) 614-3901 grace@northbeachrealtors.com Sea Grace @ North Beach Realtors Listed on: 09/10/2023

Co-Listed By

Erik Dowell

erik@northbeachrealtors.com Sea Grace @ North Beach Realtors

Last Buyer's Agent

Jeff Hecker

(888) 734-7399 jhecker2051@gmail.com Monument Sotheby's International Realty License #RS-0024547

Monument Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $278

Lot Details

  • 1.02 Acre Lot
  • Property is zoned AR-1

Utilities

  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot A
  • Assessor Parcel Number 533-17.00-248.00

Property Details

Property Type

Land

Est. Annual Taxes

$278

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • Expected On Market: 2023-09-11
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 5.17

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: Public Hook/Up Avail
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 1.02
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 44431.00
  • Zoning: AR-1
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 248.00
  • Tax Annual Amount: 278.00
  • Assessor Parcel Number: 533-17.00-248.00
  • Tax Lot: A
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2023
Closed on
Nov 8, 2023
Sold by
Shaffer David L
Bought by
Egan Leslie
Seller's Agent
Grace Masten
Sea Grace @ North Beach Realtors
Buyer's Agent
Jeff Hecker
Monument Sotheby's International Realty
List Price
$250,000
Sold Price
$215,000
Premium/Discount to List
-$35,000
-14%
Views
35
Current Estimated Value
$290,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,706
Avg. Annual Appreciation
14.99%

Purchase Details

Closed on
May 17, 2022
Sold by
Peery Ryan M
Bought by
Shaffer David I and Shaffer Patricia I

Purchase Details

Listed on
Sep 23, 2021
Closed on
Nov 19, 2021
Sold by
Bicknell William T and Bicknell Danielle L
Bought by
Shaffer Patricia I and Shaffer David I
Seller's Agent
Ashley Brosnahan
Long & Foster Real Estate, Inc.
Buyer's Agent
Grace Masten
Sea Grace @ North Beach Realtors
List Price
$150,000
Sold Price
$145,000
Premium/Discount to List
-$5,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.34%

Purchase Details

Listed on
Feb 27, 2020
Closed on
Oct 21, 2020
Sold by
Davis Kathleen E
Bought by
Bicknell William T and Bicknell Danielle L
Seller's Agent
David Green
Monument Sotheby's International Realty
Buyer's Agent
Ashley Brosnahan
Long & Foster Real Estate, Inc.
List Price
$89,900
Sold Price
$89,000
Premium/Discount to List
-$900
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.48%

Purchase Details

Listed on
Mar 15, 2020
Closed on
Jul 9, 2020
Sold by
Davis Kathleen E
Bought by
Tyszko Stanley and Hall Carolyn
Seller's Agent
David Green
Monument Sotheby's International Realty
Buyer's Agent
Bill Gaines
Patterson-Schwartz-OceanView
List Price
$89,900
Sold Price
$76,000
Premium/Discount to List
-$13,900
-15.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
75.76%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Egan Leslie $215,000 None Listed On Document
Shaffer David I -- Parsons & Robinson Pa
Shaffer Patricia I $145,000 None Available
Bicknell William T $89,000 None Available
Tyszko Stanley $76,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/08/2023 11/08/23 Sold $215,000 -6.5% --
10/10/2023 10/10/23 Pending -- -- --
10/02/2023 10/02/23 Price Changed $229,900 -8.0% --
09/10/2023 09/10/23 For Sale $250,000 +72.4% --
11/19/2021 11/19/21 Sold $145,000 -3.3% -- View Prior Sale
10/11/2021 10/11/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $150,000 +68.5% --
10/29/2020 10/29/20 Sold $89,000 +17.1% -- View Prior Sale
10/01/2020 10/01/20 Pending -- -- --
07/20/2020 07/20/20 Sold $76,000 -15.5% -- View Prior Sale
03/15/2020 03/15/20 For Sale $89,900 0.0% --
02/27/2020 02/27/20 For Sale $89,900 -- --
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 $206 $7,800 $2,500 $5,300
2024 $296 $7,800 $2,500 $5,300
2023 $295 $7,800 $2,500 $5,300
2022 $291 $7,800 $2,500 $5,300
2021 $283 $7,800 $2,500 $5,300
2020 $311 $7,800 $2,500 $5,300
2019 $313 $7,800 $2,500 $5,300
2018 $316 $7,800 $0 $0
2017 $312 $7,800 $0 $0
2016 $276 $7,800 $0 $0
2015 $284 $7,800 $0 $0
2014 $280 $7,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2047812

Bright MLS

APN: 533-17.00-248.00