NOT LISTED FOR SALE

585 Smyrna Landing Rd Smyrna, DE 19977

Estimated Value: $137,000 - $534,000

0.79 Acre
$502,473 Price per Acre
34,412 Sq Ft Lot

Last Sold November 29, 2012

Last sale price $18,000

Est. 2,105% increase in value since last sale

Current estimated payment $2,221/month

Highlights

  • 0.79 Acre Lot
  • No HOA
  • En-Suite Primary Bedroom
  • North Smyrna Elementary School Rated 9+
  • Interior Lot

About This Lot

As of November 2012

L-987 Nice 3/4+ lot in the country but within only a few miles to shopping and schools, no building restrictions, Well and Electric on the property, approved for Low Rise Sand Mound for 3 Bedroom House. Shared Driveway with agreement. NO SINGLE WIDE MOBLILE HOMES, only Doublewide or Modulars on permanent foundation allowed.

Last Agent to Sell the Property

James Olson

(302) 670-2300 jim@olsonrealty.net Jimmy Olson Realty License #RB-0031388 Listed on: 08/31/2012

Last Buyer's Agent

James Olson

(302) 670-2300 jim@olsonrealty.net Jimmy Olson Realty License #RB-0031388 Listed on: 08/31/2012

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $174

Lot Details

  • 0.79 Acre Lot
  • Rural Setting
  • Interior Lot
  • The property's topography is part wooded
  • Property is zoned NC21

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Utilities

  • Well
  • Approved Septic System
  • Perc Approved Septic
  • Sewer Not Available
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 055
  • Assessor Parcel Number 15-016.00-055

Property Details

Property Type

Land

Est. Annual Taxes

$174

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • New Construction: No
  • Remarks Public: L-987 Nice 3/4+ lot in the country but within only a few miles to shopping and schools, no building restrictions, Well and Electric on the property, approved for Low Rise Sand Mound for 3 Bedroom House. Shared Driveway with agreement. NO SINGLE WIDE MOBLILE HOMES, only Doublewide or Modulars on permanent foundation allowed.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Room List: Primary Bedroom
  • Price Per Sq Ft: 0.84
  • Street Number Modifier: 585

Exterior Features

  • Other Structures List: Garage(s)
  • Construction Completed: No
  • Road Surface Type: Gravel
  • 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: Approved System, Perc Approved Septic, No Sewer System
  • Utilities: Water Available, Electric Available, Phone Available, Cable Tv Available
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 300.00
  • Lot Features: Interior, Rural
  • Lot Size Acres: 0.79
  • Lot Dimensions: 185X240, LotWidth:185 X LotDepth:240
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 34412.00
  • Topography: Part Wooded
  • Zoning: NC21

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2365470
  • Tax Annual Amount: 174.00
  • Assessor Parcel Number: 15-016.00-055
  • Tax Lot: 055
  • Tax Year: 2011
  • Close Date: 11/29/2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2012
Closed on
Nov 29, 2012
Sold by
Davis Robert Edwin
Bought by
Sierant Kris and Sierant Elizabeth
Seller's Agent
James Olson
Jimmy Olson Realty
Buyer's Agent
James Olson
Jimmy Olson Realty
List Price
$29,000
Sold Price
$18,000
Premium/Discount to List
-$11,000
-37.93%
Current Estimated Value
$396,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,954
Avg. Annual Appreciation
27.22%

Purchase Details

Closed on
Feb 13, 2012
Sold by
Briarpath Fund Lp
Bought by
Davis Robert Edwin

Purchase Details

Closed on
Sep 1, 2011
Sold by
Wells Fargo Bank Na
Bought by
Briarpath Fund Lp

Purchase Details

Closed on
Mar 5, 2009
Sold by
Collins Gregory L
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Dec 12, 2006
Sold by
Bauer Patricia J
Bought by
Collins Gregory L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,995
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 2004
Sold by
Hinton Robert F and Hinton Sherry E
Bought by
Bauer Patricia J
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
Sierant Kris $18,000 None Available
Davis Robert Edwin $4,000 None Available
Briarpath Fund Lp $9,000 Servicelink
Wells Fargo Bank Na $171,994 None Available
Collins Gregory L $74,000 None Available
Bauer Patricia J $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Collins Gregory L $154,995
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2012 11/29/12 Sold $18,000 -37.9% --
10/31/2012 10/31/12 Pending -- -- --
08/31/2012 08/31/12 For Sale $29,000 -- --
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 $1,301 $76,600 $8,700 $67,900
2023 $1,469 $76,600 $8,700 $67,900
2022 $233 $9,000 $8,700 $300
2021 $204 $9,000 $8,700 $300
2020 $204 $9,000 $8,700 $300
2019 $204 $9,000 $8,700 $300
2018 $204 $9,000 $8,700 $300
2017 $198 $9,000 $8,700 $300
2016 $201 $9,000 $8,700 $300
2015 -- $9,000 $8,700 $300
2014 -- $9,000 $8,700 $300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004082532

Bright MLS

APN: 15-016.00-055