NOT LISTED FOR SALE

6503 Cedar Neck Rd Milford, DE 19963

Estimated Value: $157,000 - $463,000

1.05 Acres
$281,885 Price per Acre
45,738 Sq Ft Lot

Last Sold April 30, 2021

Last sale price $252,000 $233 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,608/month

38 Days on Market

Highlights

  • Stables
  • 1.05 Acre Lot
  • No HOA
  • View of Trees or Woods
  • Partially Wooded Lot
  • Office or Studio

About This Lot

As of April 2021

6503 Cedar Neck RD, Milford DE. This is a unique opportunity to own 1.05-acre home site outside Milford Delaware city limits on the east side of Rt.1 across from Bayhealth Medical Center and 20 minutes from the beaches. The gravel ¼ mile driveway and right of way will be maintained by the present owners after the sale. The property is nestled between East Gate Farms which is a newly forms retail nursery and distant neighbors you may have occasional horses looking over your side yard fence. The owners were planning to build on this lot but have decided to build their new home at the end of the driveway on property they own. The property was originally a viner barn and stable which the owners gutted in 2015 and made into a studio and design workshop for themselves and their children. The large open work shop has 200 amp 240 vt all new wiring throughout with exhaust fan and extra lighting The Doors roll back to allow a large RV or boat to be worked on or stored. The office area is 2x6 insulated with 10-foot ceilings. A wall unit AVAC system, one half bath that just needs a shower to complete the human comforts. The Septic was installed in 2015 and will support two bathrooms or with minor expansion would accommodate a total of 4 bathrooms. The well is new 2015 and the water is great. The remaining office area has provisions for a kitchen, living room and bedroom. The side carport has 9-foot clearance and could be enclosed for an additional room or porch. The lot behind the building has been cleared and supports a health lawn or small pasture if you want livestock. The owners had reviewed options with several builders and all that is needed is to apply to Sussex county for a building permit. If you are thinking of building your own home here this would give you a place to live and build in one place. The sellers would prefer a house be built on this site rather than a trailer and livestock would could not be pigs. Once completed you could use the present building as a home-based business please review the Sussex county planning and zoning rules about AR zoning for this property.

Last Agent to Sell the Property

Michael Aldridge

(302) 202-9855 ashley.hess@compass.com Compass Listed on: 02/19/2021

Compass

Last Buyer's Agent

Wes Cromer

(302) 422-1850 wcromer@mastenrealty.com Masten Realty LLC

Masten Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,940

Lot Details

  • 1.05 Acre Lot
  • Partially Wooded Lot
  • Backs to Trees or Woods
  • Additional Land
  • Parcel 1-Entrance 1.16 Ac, Parcel 3-28.43 Ac
  • Cost To Obtain Building Permits
  • Property is zoned AR-1

Property Views

  • Views of Woods

Farming

  • Feed Barn
  • Hay Barn

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Stables

Utilities

  • 120/240V
  • Well
  • Gravity Septic Field

Listing and Financial Details

  • Assessor Parcel Number 330-12-16.00

Community Details

Overview

  • No Home Owners Association

Recreation

  • Office or Studio
  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$2,940

Lot Details

1.05 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Current Use: Agriculture, Hunting, Residential, Timber
  • Exclusions: Personal Property
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 7.11

Exterior Features

  • Other Structures List: Barn/Farm Building, Barn/Stable, Feed Barn, Hay Barn, Horse Stable, Office/Studio, Shed
  • Construction Completed: No
  • Road Surface Type: Gravel
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Electric Service: 120/240V
  • Sewer/Septic System: Gravity Sept Fld
  • Water Source: Well

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: Yes
  • Additional Parcels: Yes
  • Additional Parcels Description: Parcel 1-Entrance 1.16 Ac, Parcel 3-28.43 Ac
  • Horse Amenities: Stable(s)
  • Lot Features: Additional Lot(s), Backs To Trees, Partly Wooded
  • Lot Size Acres: 1.05
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 45738.00
  • Zoning: AR-1
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Lease In Effect: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2940.00
  • Assessor Parcel Number: 330-12-16.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: MILFORD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2024
Sold by
Condurso Tony and Wagner Patricia A
Bought by
Freeh Timothy and Freeh Beth
Current Estimated Value
$295,979

Purchase Details

Closed on
Dec 7, 2023
Sold by
Cnsee Llc
Bought by
Condurso Tony and Wagner Patricia A

Purchase Details

Listed on
Feb 19, 2021
Closed on
Apr 30, 2021
Sold by
Wagner Charles G
Bought by
Charles G Wagner Ret
Seller's Agent
Michael Aldridge
Compass
Buyer's Agent
Wes Cromer
Masten Realty LLC
List Price
$2,000,000
Sold Price
$252,000
Premium/Discount to List
-$1,748,000
-87.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.33%

Purchase Details

Listed on
Dec 22, 2017
Closed on
Apr 3, 2019
Sold by
Williams Isabelle and Soucek Elizabeth
Bought by
Cnsee Llc
Seller's Agent
Lee Johnson
Coldwell Banker Premier - Seaford
Buyer's Agent
Jesus Leon-Serrato
COASTAL REAL ESTATE
List Price
$70,000
Sold Price
$70,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
80.95%

Purchase Details

Closed on
Feb 1, 2012
Sold by
Isabelle W Isabelle W and Williams Isabell W
Bought by
State Of Delaware

Purchase Details

Closed on
Jan 19, 2012
Sold by
Isabelle W Isabelle W and Williams Isabell W
Bought by
State Of Delaware

Purchase Details

Closed on
Sep 9, 1996
Bought by
Williams Isabell W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Freeh Timothy $75,000 None Listed On Document
Freeh Timothy $75,000 None Listed On Document
Condurso Tony -- None Listed On Document
Charles G Wagner Ret -- None Available
Wagner Charles G $15,000 None Available
Cnsee Llc $70,000 --
State Of Delaware -- --
State Of Delaware -- --
Williams Isabell W -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2021 04/30/21 Sold $252,000 -22.5% $233 / Sq Ft
03/29/2021 03/29/21 Pending -- -- --
03/18/2021 03/18/21 Price Changed $325,000 -83.8% $301 / Sq Ft
02/19/2021 02/19/21 For Sale $2,000,000 +2757.1% $1,852 / Sq Ft
03/05/2019 03/05/19 Sold $70,000 0.0% $65 / Sq Ft View Prior Sale
02/05/2019 02/05/19 Pending -- -- --
12/07/2018 12/07/18 For Sale $70,000 0.0% $65 / Sq Ft
12/02/2018 12/02/18 Off Market $70,000 -- --
12/22/2017 12/22/17 For Sale $70,000 -- $65 / Sq Ft
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 $311 $4,400 $1,150 $3,250
2024 $94 $4,400 $1,150 $3,250
2023 $97 $4,400 $1,150 $3,250
2022 $96 $4,400 $1,150 $3,250
2021 $277 $4,400 $1,150 $3,250
2020 $245 $4,400 $1,150 $3,250
2019 $246 $4,400 $1,150 $3,250
2018 $140 $4,400 $0 $0
2017 $141 $4,400 $0 $0
2016 $184 $4,400 $0 $0
2015 $133 $4,400 $0 $0
2014 $128 $4,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU177912

Bright MLS

APN: 330-11.00-73.01

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