NOT LISTED FOR SALE

6367 Bucks Rd Milford, DE 19963

Estimated Value: $397,000 - $2,629,000

102.46 Acres
$9,748 Price per Acre
4,463,158 Sq Ft Lot

Sale Details

Date Sold: April 2, 2024

Last sale price $2,535,422

Current estimated payment $5,473 / mo

1002 Days on Market

About This Lot

As of April 2024

Beautiful sprawling farm located east of route one with R-2 Zoning in the City of Milford. Great location for a major development. Very close to the new "Bayhealth Complex" and the historical downtown Milford. Lots of opportunities for a builder or developer.

Last Agent to Sell the Property

Donna Watson

(302) 422-4400 jamie@thewatsonrealtygroup.com The Watson Realty Group, LLC Listed on: 07/03/2018

Co-Listed By

Jamie Watson

(302) 422-4400 jamie@thewatsonrealtygroup.com The Watson Realty Group, LLC

Last Buyer's Agent

Alison Bailey

(302) 601-4171 myagentbailey@gmail.com NextHome Tomorrow Realty License #RS-0017570

NextHome Tomorrow Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,396

Lot Details

  • 102.46 Acre Lot
  • Ground Rent
  • Property is zoned R2

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot -68.00
  • Assessor Parcel Number 330-11.00-68.00
  • $4,353 Front Foot Fee per year

Property Details

Property Type

Land

Est. Annual Taxes

$2,396

Lot Details

102.46 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Current Use: Agriculture
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 0.70

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
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 102.46
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4463158.00
  • Zoning: R2
  • Farmland Preservation: No
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: Yes
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • School Tax: 1103.00
  • Tax Annual Amount: 2396.00
  • Assessor Parcel Number: 330-11.00-68.00
  • Tax Lot: -68.00
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2017

Multi Family

  • Front Foot Fee: 4353.00
  • Income Expense List: Annual Ground Rent

MLS Schools

  • School District Name: MILFORD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2018
Closed on
Mar 26, 2024
Sold by
Red Cedar Farms Inc and Red Cedar Farm Inc
Bought by
Sb Red Cedar Farm Llc
Seller's Agent
Donna Watson
The Watson Realty Group, LLC
Buyer's Agent
Alison Bailey
NextHome Tomorrow Realty
List Price
$3,110,700
Sold Price
$2,535,423
Premium/Discount to List
-$575,278
-18.49%
Current Estimated Value
$998,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,536,641
Avg. Annual Appreciation
-37.53%
Original Mortgage
$250,000,000
Outstanding Balance
$246,185,901
Interest Rate
6.77%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$245,187,119
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
Sb Red Cedar Farm Llc $2,535,422 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sb Red Cedar Farm Llc $250,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2024 04/02/24 Sold $2,535,423 -18.5% --
03/31/2021 03/31/21 Pending -- -- --
07/03/2018 07/03/18 For Sale $3,110,700 -- --
Source: Bright MLS

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 -- $21,000 $9,150 $11,850
2024 $1,125 $21,000 $9,150 $11,850
2023 $1,168 $21,000 $9,150 $11,850
2022 $1,150 $21,000 $9,150 $11,850
2021 $1,163 $21,000 $9,150 $11,850
2020 $51 $21,000 $9,150 $11,850
2019 $1,176 $21,000 $9,150 $11,850
2018 $1,182 $21,000 $0 $0
2017 $1,197 $21,000 $0 $0
2016 $1,296 $21,000 $0 $0
2015 $912 $21,000 $0 $0
2014 $881 $21,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Donna Watson

    Seller's Agent in 2024

    Donna Watson

    RE/MAX

    (302) 542-8422

    58 in this area

    168 Total Sales

    Donna Watson
    Section Image

  • J

    Seller Co-Listing Agent in 2024

    Jamie Watson

    RE/MAX

    (302) 258-6825

    60 in this area

    166 Total Sales

    Jamie Watson
    Section Image
  • Alison Bailey

    Buyer's Agent in 2024

    Alison Bailey

    NextHome Tomorrow Realty

    (302) 236-0286

    2 in this area

    39 Total Sales

    Alison Bailey
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001976950

Bright MLS

APN: 330-11.00-68.00

Delaware Sussex County Milford 19963

6367 Bucks Rd, Milford, DE

Not Listed for Sale

Lots

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