NOT LISTED FOR SALE

Estimated Value: $85,742 - $525,000

0.27 Acre
$795,133 Price per Acre
11,761 Sq Ft Lot

Last Sold July 01, 2022

Last sale price $80,000

Est. 168% increase in value since last sale

Current estimated payment $1,401/month

16 Days on Market

Highlights

  • 38 Feet of Waterfront
  • Lorewood Grove Elementary School Rated A
  • Bay View

About This Lot

As of July 2022

WATERFRONT LOT(S) in Middletown, say whaaaat?? Yup, that's right, being offered are (2) 1/4 acre waterfront building lots with 38'+/- of frontage. These lots are located in a quiet strip of beach in the Bay View Beach community. Build your dream home or a vacation home. Buy both lots, build 2 homes, live in one and rent the other? AirBnB? Endless possibilities. A boat ramp is located near by for easy access to the water. With application and approval from the community board, boat storage is also available. There is a yearly fee of $2,100 which helps cover the upkeep and maintenance of the bulkhead and common grounds. This fee is a part of the deed itself, for each lot. No Mobile homes are allowed. Stick-built or MOD only. This listing is for 43 N. New Rd. ONLY. 44 N. New Rd is also available for sale. Talks of the Salem power plant across the water in NJ says that it may be closing soon.

Last Agent to Sell the Property

Brian Hadley

Patterson-Schwartz-Hockessin Listed on: 05/11/2022

Patterson-Schwartz-Hockessin

Last Buyer's Agent

Dawn Wilson

Real Broker, LLC License #RS-306872

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $216

Year Built

  • 2014

Lot Details

  • 0.27 Acre Lot
  • 38 Feet of Waterfront
  • Home fronts navigable water
  • Property is zoned NC6.5

HOA Fees

  • $175 Monthly HOA Fees

Property Views

  • Bay
  • Canal

Location

  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 1302001056

Community Details

Overview

  • Association fees include pier/dock maintenance
  • Bay View Beach Subdivision

Recreation

  • Water Access
  • Property near a bay

Property Details

Property Type

Land

Est. Annual Taxes

$216

Year Built

2014

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • Federal Flood Zone: Yes
  • Remarks Public: WATERFRONT LOT(S) in Middletown, say whaaaat?? Yup, that's right, being offered are (2) 1/4 acre waterfront building lots with 38'+/- of frontage. These lots are located in a quiet strip of beach in the Bay View Beach community. Build your dream home or a vacation home. Buy both lots, build 2 homes, live in one and rent the other? AirBnB? Endless possibilities. A boat ramp is located near by for easy access to the water. With application and approval from the community board, boat storage is also available. There is a yearly fee of $2,100 which helps cover the upkeep and maintenance of the bulkhead and common grounds. This fee is a part of the deed itself, for each lot. No Mobile homes are allowed. Stick-built or MOD only. This listing is for 43 N. New Rd. ONLY. 44 N. New Rd is also available for sale. Talks of the Salem power plant across the water in NJ says that it may be closing soon.
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands
  • Year Built: 2014

Interior Features

  • Price Per Sq Ft: 6.80
  • Street Number Modifier: 43

Exterior Features

  • View: Bay, Canal
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 38

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No

Condo/Co-op/Association

  • HOA Fees: 2100.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Pier/Dock Maintenance
  • HOA: Yes

Schools

  • School District: APPOQUINIMINK
  • School District Key: 300200396893
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Acres: 0.27
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11761.00
  • Zoning: NC6.5
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 2359852
  • Tax Annual Amount: 216.00
  • Assessor Parcel Number: 1302001056
  • Tax Year: 2021
  • Close Date: 07/01/2022

MLS Schools

  • School District Name: APPOQUINIMINK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Jul 23, 2021
Sold by
Searles William G and Searles Jacqueline R
Bought by
Coghan Richard A
Seller's Agent
Tania Peralta
Coldwell Banker Realty
Buyer's Agent
Brian Hadley
Patterson-Schwartz-Hockessin
List Price
$70,000
Sold Price
$60,000
Premium/Discount to List
-$10,000
-14.29%
Total Days on Market
16
Current Estimated Value
$214,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,686
Avg. Annual Appreciation
38.78%

Purchase Details

Listed on
Jul 11, 2017
Closed on
Jul 12, 2017
Sold by
Brady James A
Bought by
Searles William G and Searles Jacqueline R
Seller's Agent
James Brady
Long & Foster Real Estate, Inc.
Buyer's Agent
Amber Durand
Patterson-Schwartz Real Estate
List Price
$60,000
Sold Price
$53,000
Premium/Discount to List
-$7,000
-11.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.13%

Purchase Details

Closed on
Oct 25, 2010
Sold by
Bay View Improvement Company
Bought by
Brady James A and Brady Deborah J

Purchase Details

Closed on
Jan 9, 2003
Sold by
Bay View Improvement Co
Bought by
Bay View Improvement Co
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Coghan Richard A -- None Available
Searles William G $53,000 None Available
Brady James A $75,000 None Available
Bay View Improvement Co -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2022 07/01/22 Sold $80,000 0.0% --
05/27/2022 05/27/22 Pending -- -- --
05/11/2022 05/11/22 For Sale $80,000 +33.3% --
07/17/2021 07/17/21 Sold $60,000 -14.3% --
06/18/2021 06/18/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $70,000 +32.1% --
07/12/2017 07/12/17 Sold $53,000 -11.7% --
07/11/2017 07/11/17 Pending -- -- --
07/11/2017 07/11/17 For Sale $60,000 -- --
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
2024 $255 $6,100 $6,100 $0
2023 $217 $6,100 $6,100 $0
2022 $218 $6,100 $6,100 $0
2021 $198 $6,100 $6,100 $0
2020 $198 $6,100 $6,100 $0
2019 $198 $6,100 $6,100 $0
2018 $190 $6,100 $6,100 $0
2017 -- $6,100 $6,100 $0
2016 -- $6,100 $6,100 $0
2015 -- $6,100 $6,100 $0
2014 $161 $6,100 $6,100 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DENC2023430

Bright MLS

APN: 13-020.01-056