NOT LISTED FOR SALE

502 Riblett Ln Wilmington, DE 19808

Estimated Value: $459,000 - $606,000

1 Acre
$539,865 Price per Acre
43,560 Sq Ft Lot

Last Sold November 09, 2023

Last sale price $240,000

Est. 125% increase in value since last sale

Current estimated payment $3,170/month

108 Days on Market

Highlights

  • 1 Acre Lot
  • Private Lot
  • No HOA
  • Pasture Views

About This Lot

As of November 2023

Build the Home of your Dreams...on this gorgeous one acre(113' x 369') building lot, which offers super convenient location in the very quiet & serene Community of Dogwood Farms, The Homesite sits amidst new Estate Homes, Family Homes and Farmhouses from an era gone by. There are No Deed Restrictions, and there is No Builder Tie-in. The location is just off of Route # 41 and Millcreek Rd. and it is only a short distance to the City of Wilmington Business District & Train Station, all major Roads and Arteries are all easily accessible and only 35 Minutes to Philadelphia, one hour to Baltimore, two hours to New York City & Washington D.C. take advantage of Delaware's choice location on the Northeast corridor, Low Property Taxes & No Sales Tax. Bring your Home plans and Builder and visit the Homesite today. Preferred Builders List is available as well as Floorplans. Contact the Listing Agent for further details.

Last Agent to Sell the Property

Joseph Berchock

(302) 530-5515 jwberchock@gmail.com RE/MAX Associates - Newark License #RS-0009070 Listed on: 02/24/2023

RE/MAX Associates - Newark

Last Buyer's Agent

Pamela Kitchengs

(302) 740-4021 pamk@lnf.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,131

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 113 x 369
  • No Through Street
  • Private Lot
  • Level Lot
  • Flag Lot
  • Cleared Lot
  • 2 Lots in the community
  • Additional Parcels

Utilities

  • Well
  • Not Applied For Permit
  • Sand Line Trench Beds Approved
  • Gravity Septic Field
  • Septic Greater Than The Number Of Bedrooms
  • Cable TV Available

Additional Features

  • Pasture Views
  • Suburban Location

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$4,131

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant, Residential
  • Expected On Market: 2023-02-24
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 6.66

Exterior Features

  • Construction Completed: No
  • View: Pasture
  • 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: Gravity Sept Fld, Septic > # Of Br, Sand Line Trench Beds Approved, Not Applied For Permit
  • Utilities: Electric Available, Cable Tv Available
  • Water Source: Well

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: Yes
  • Lot Count: 2
  • Lot Features: Flag, Level, Private, Cleared, No Thru Street
  • Lot Size Acres: 1.00
  • Lot Dimensions: 113 x 369
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43560.00
  • Perc Sites: 2
  • Topography Description: Flat and Clear
  • Zoning: RESIDENTIAL
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: NO TAX RECORD
  • Tax Year: 2023

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2023
Closed on
Nov 3, 2023
Sold by
Randall Glenn and Randall Donna
Bought by
Randall Glenn and Randall Donna
Seller's Agent
Joseph Berchock
RE/MAX Associates - Newark
Buyer's Agent
Pamela Kitchengs
Long & Foster Real Estate, Inc.
List Price
$289,900
Sold Price
$240,000
Premium/Discount to List
-$49,900
-17.21%
Views
343
Current Estimated Value
$539,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,865
Avg. Annual Appreciation
50.91%

Purchase Details

Closed on
Feb 1, 2018
Sold by
Riblett Ann Lucia and Riblett Davia A
Bought by
Randall Glen and Randall Donna

Purchase Details

Closed on
Jul 29, 2008
Sold by
Riblett David A and Riblett Elizabeth F
Bought by
Riblett David A and Riblett Elizabeth F
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
Randall Glenn -- None Listed On Document
Randall Glen -- None Available
Riblett David A -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2023 11/09/23 Sold $240,000 -17.2% --
06/13/2023 06/13/23 Pending -- -- --
02/24/2023 02/24/23 For Sale $289,900 -- --
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
2024 $4,131 $111,800 $18,300 $93,500
2023 $3,872 $118,800 $25,300 $93,500
2022 $3,918 $118,800 $25,300 $93,500
2021 $3,918 $118,800 $25,300 $93,500
2020 $3,931 $118,800 $25,300 $93,500
2019 $3,925 $118,800 $25,300 $93,500
2018 $3,847 $118,800 $25,300 $93,500
2017 $3,255 $113,100 $25,300 $87,800
2016 $2,594 $113,100 $25,300 $87,800
2015 -- $113,100 $25,300 $87,800
2014 $2,133 $113,100 $25,300 $87,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2038658

Bright MLS

APN: 08-026.00-008