NOT LISTED FOR SALE

7978 Greenwood Rd Greenwood, DE 19950

Estimated Value: $128,000 - $359,000

3 Beds
2 Baths
1,064 Sq Ft
$245/Sq Ft Est. Value

Last Sold July 08, 2022

Last sale price $380,000 $357 Per Sq Ft

Est. 30% decrease in value since last sale

Current estimated payment $1,518/month

Highlights

  • 24.64 Acre Lot
  • No HOA
  • 90% Forced Air Heating and Cooling System
  • Traditional Architecture
  • 2 Car Detached Garage

About This Home

As of July 2022

This home is located at 7978 Greenwood Rd, Greenwood, DE 19950 since 25 May 2022 and is currently estimated at $261,158, approximately $245 per square foot. This property was built in 1974. 7978 Greenwood Rd is a home located in Sussex County with nearby schools including Woodbridge Middle School, Woodbridge High School, and Greenwood Mennonite School.

Last Agent to Sell the Property

Dustin Parker

The Parker Group License #672690 Listed on: 05/25/2022

Co-Listed By

Liz Grace

Northrop Realty

Last Buyer's Agent

Tony Lehman

Keller Williams Realty

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $624

Year Built

  • Built in 1974

Lot Details

  • 24.64 Acre Lot
  • Property is zoned AR-1

Parking

  • 2 Car Detached Garage
  • Front Facing Garage

Home Design

  • Traditional Architecture
  • Block Foundation
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,064 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • 90% Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 530-04.00-8.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$624

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Sussex De Quadrants: West of Rt 13
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1974
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Block
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1064
  • Living Area Sq Ft: 1064
  • Price Per Sq Ft: 375.85
  • Above Grade Finished Sq Ft: 1064
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7978

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Owned
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: WOODBRIDGE
  • School District Key: 300200396901
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: AH
  • Lot Size Acres: 24.64
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1073318.00
  • Year Assessed: 2021
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5224923
  • School Tax: 572.00
  • Tax Annual Amount: 624.00
  • Assessor Parcel Number: 530-04.00-8.00
  • Tax Total Finished Sq Ft: 720
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 07/08/2022

MLS Schools

  • School District Name: WOODBRIDGE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2022
Closed on
Jul 8, 2022
Sold by
Arnaiz Legacy Trust
Bought by
Shiery Jeffrey D and Shiery Carmen Joy
Seller's Agent
Dustin Parker
The Parker Group
Buyer's Agent
Tony Lehman
Keller Williams Realty
List Price
$399,900
Sold Price
$380,000
Premium/Discount to List
-$19,900
-4.98%
Current Estimated Value
$266,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$113,424
Avg. Annual Appreciation
-13.44%
Original Mortgage
$293,000
Outstanding Balance
$275,766
Interest Rate
5.1%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$33,231

Purchase Details

Closed on
Aug 10, 1999
Bought by
Arnaiz J Antonio B Glenda M
Source: Public Records

Range of Values:

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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
Shiery Jeffrey D $85,000 None Listed On Document
Arnaiz J Antonio B Glenda M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shiery Jeffrey D $293,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2022 07/08/22 Sold $380,000 -5.0% $357 / Sq Ft
05/25/2022 05/25/22 For Sale $399,900 -- $376 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
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 $703 $11,800 $3,050 $8,750
2023 $698 $11,800 $3,050 $8,750
2022 $739 $11,800 $3,050 $8,750
2021 $734 $11,800 $3,050 $8,750
2020 $731 $11,800 $3,050 $8,750
2019 $731 $11,800 $3,050 $8,750
2018 $654 $11,800 $0 $0
2017 $510 $11,800 $0 $0
2016 $628 $11,800 $0 $0
2015 $627 $11,800 $0 $0
2014 $600 $11,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dustin Parker

    Seller's Agent in 2022

    Dustin Parker

    The Parker Group

    (302) 483-7688

    42 in this area

    824 Total Sales

    Section Image
  • Liz Grace

    Seller Co-Listing Agent in 2022

    Liz Grace

    Creig Northrop Team of Long & Foster

    (443) 350-1746

    13 in this area

    192 Total Sales

    Section Image

  • T

    Buyer's Agent in 2022

    Tony Lehman

    Keller Williams Realty

    (810) 515-1503

    9 in this area

    52 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: DESU2018632

Bright MLS

APN: 530-04.00-8.00

Delaware Sussex County Greenwood 19950

7978 Greenwood Rd, Greenwood, DE

This home is located at 7978 Greenwood Rd, Greenwood, DE 19950 since 25 May 2022 and is currently estimated at $261,158, approximately $245 per square foot. This property was built in 1974. 7978 Greenwood Rd is a home located in Sussex County with nearby schools including Woodbridge Middle School, Woodbridge High School, and Greenwood Mennonite School.

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