NOT LISTED FOR SALE

406 Sussex St Milton, DE 19968

Estimated Value: $374,813 - $469,000

0.13 Acre
$3,280,408 Price per Acre
5,663 Sq Ft Lot

Last Sold January 19, 2021

Last sale price $70,000

Est. 509% increase in value since last sale

Current estimated payment $2,303/month

205 Days on Market

About This Lot

As of January 2021

READY TO BUILD in the town of Milton with public water and sewer on site. Cleared lot with several new homes contiguous and directly across the street. This beautiful home-site is ideally located, and is within walking distance to the VFW and ball fields. Walk or bike to the scenic rivers, restaurants, library, grocery stores and all that downtown Milton has to offer. Excellent opportunity to custom build the home of your dreams in the town of Milton. Bring your builder, or consult with one of our preferred builder's for a "turn key" home/lot package. New Home ready to tour located at 412 Sussex Street. mls# DESU152296. Also, a new home is currently under construction at 410 Sussex Street. Two great examples of what could be built on this "in town" lot.

Last Agent to Sell the Property

Alison Bailey

(302) 236-0286 myagentbailey@gmail.com NextHome Tomorrow Realty License #RS-0017570 Listed on: 05/11/2020

NextHome Tomorrow Realty

Last Buyer's Agent

Alison Bailey

(302) 236-0286 myagentbailey@gmail.com NextHome Tomorrow Realty License #RS-0017570 Listed on: 05/11/2020

NextHome Tomorrow Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $266

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 60.00 x 100.00
  • Cleared Lot
  • Property is zoned TN

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 235-14.16-54.03

Property Details

Property Type

Land

Est. Annual Taxes

$266

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
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 14.57

Exterior Features

  • Construction Completed: No
  • Road Surface Type: Black Top
  • 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 Sewer, Public Hook/Up Avail
  • Utilities: Cable Tv, Phone, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Features: Cleared
  • Lot Size Acres: 0.13
  • Lot Dimensions: 60.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5663.00
  • Possible Use: Residential
  • Zoning: TN
  • Farmland Preservation: No
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Lease In Effect: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5170888
  • School Tax: 51.00
  • Tax Annual Amount: 266.00
  • Assessor Parcel Number: 235-14.16-54.03
  • Tax Lot: 5
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2020
Closed on
Jan 13, 2021
Sold by
Kapulsky Abraham and Kapulsky Debra
Bought by
Red Letter Properties Llc
Seller's Agent
Alison Bailey
NextHome Tomorrow Realty
Buyer's Agent
Alison Bailey
NextHome Tomorrow Realty
List Price
$82,500
Sold Price
$70,000
Premium/Discount to List
-$12,500
-15.15%
Current Estimated Value
$426,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$356,453
Avg. Annual Appreciation
44.82%
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
Red Letter Properties Llc $70,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2021 01/19/21 Sold $70,000 -15.2% --
12/02/2020 12/02/20 Pending -- -- --
05/11/2020 05/11/20 For Sale $82,500 -- --
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 $719 $1,200 $1,200 $0
2024 $823 $1,200 $1,200 $0
2023 $822 $1,200 $1,200 $0
2022 $794 $1,200 $1,200 $0
2021 $57 $1,200 $1,200 $0
2020 $56 $1,200 $1,200 $0
2019 $56 $1,200 $1,200 $0
2018 $53 $1,200 $0 $0
2017 $50 $1,200 $0 $0
2016 $48 $1,200 $0 $0
2015 $46 $1,200 $0 $0
2014 $45 $1,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU160606

Bright MLS

APN: 235-14.16-54.03