NOT LISTED FOR SALE

8485 Old Racetrack Rd Delmar, DE 19940

Estimated Value: $192,000 - $218,000

2 Beds
1.5 Baths
1,080 Sq Ft
$185/Sq Ft Est. Value

Last Sold August 28, 2019

Last sale price $129,900 $120 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,153/month

25 Days on Market

Highlights

  • No HOA
  • Central Air
  • Dogs and Cats Allowed
  • Cottage
  • Electric Baseboard Heater
  • Carpet

About This Home

As of August 2019

This home is located at 8485 Old Racetrack Rd, Delmar, DE 19940 since 04 June 2019 and is currently estimated at $200,200, approximately $185 per square foot. This property was built in 1982. 8485 Old Racetrack Rd is a home located in Sussex County with nearby schools including Delmar Middle School, Delmar Elementary School, and Delmar High School.

Last Agent to Sell the Property

Jeffrey Messick

Berkshire Hathaway HomeServices PenFed Realty-WOC License #RS-0024707 Listed on: 06/04/2019

Berkshire Hathaway HomeServices PenFed Realty-WOC

Last Buyer's Agent

William Brown

Keller Williams Realty License #644562

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $437

Year Built

  • Built in 1982

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 125.00 x 200.00
  • Property is in good condition

Home Design

  • Cottage
  • Frame Construction
  • Asbestos Shingle Roof

Interior Spaces

  • 1,080 Sq Ft Home
  • Property has 1 Level
  • Carpet
  • Stove
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Parking

  • Gravel Driveway
  • Dirt Driveway
  • Off-Street Parking

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Electric Baseboard Heater
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 532-19.00-12.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$437

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Sussex De Quadrants: West of Rt 13
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Water Heater, Washer/Dryer Hookups Only, Stove, Refrigerator
  • Flooring Type: Carpet
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Room Count: 5
  • Basement: No
  • Total Sq Ft: 1080
  • Living Area Sq Ft: 1080
  • Price Per Sq Ft: 120.28
  • Above Grade Finished Sq Ft: 1080
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8485

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Block
  • Roof: Asbestos Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Dirt Driveway, Gravel Driveway
  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Propane - Leased
  • Heating Type: Heat Pump(s), Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Utilities: Cable Tv Available, Electric Available, Phone Available
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: DELMAR
  • School District Key: 300200397427
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Use Code: RS
  • Lot Size Acres: 0.57
  • Lot Dimensions: 125.00 x 200.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 24999.00
  • Property Condition: Good
  • Year Assessed: 2018
  • Zoning: A
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Lease Considered: No
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5230606
  • School Tax: 397.00
  • Tax Annual Amount: 437.00
  • Assessor Parcel Number: 532-19.00-12.01
  • Tax Total Finished Sq Ft: 1080
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 08/28/2019

MLS Schools

  • School District Name: DELMAR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2019
Closed on
Aug 27, 2019
Sold by
Cox Richard K and Cox Peggy L
Bought by
Phillips Taylor
Seller's Agent
Jeffrey Messick
Berkshire Hathaway HomeServices PenFed Realty-WOC
Buyer's Agent
William Brown
Keller Williams Realty
List Price
$129,900
Sold Price
$129,900
Current Estimated Value
$200,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,300
Avg. Annual Appreciation
8.17%
Original Mortgage
$131,212
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2016
Sold by
Cox Richard K
Bought by
Cox Peggy L and Cox Richard K

Purchase Details

Closed on
Dec 31, 1987
Bought by
Cox Richard K
Source: Public Records

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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
Phillips Taylor $129,900 --
Cox Peggy L -- None Available
Cox Richard K $12,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Taylor $205,500
Closed Phillips Taylor $158,730
Closed Phillips Taylor $131,212
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2019 08/28/19 Sold $129,900 0.0% $120 / Sq Ft
06/29/2019 06/29/19 Pending -- -- --
06/04/2019 06/04/19 For Sale $129,900 -- $120 / Sq Ft
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 $459 $8,850 $500 $8,350
2023 $453 $8,850 $500 $8,350
2022 $440 $8,850 $500 $8,350
2021 $468 $8,850 $500 $8,350
2020 $451 $8,850 $500 $8,350
2019 $435 $8,850 $500 $8,350
2018 $437 $8,850 $0 $0
2017 $437 $8,850 $0 $0
2016 $436 $8,850 $0 $0
2015 $468 $8,850 $0 $0
2014 $398 $8,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Messick

    Seller's Agent in 2019

    Jeffrey Messick

    Berkshire Hathaway HomeServices PenFed Realty-WOC

    (410) 251-2196

    2 in this area

    150 Total Sales

    Jeffrey Messick
    Section Image
  • William Brown

    Buyer's Agent in 2019

    William Brown

    Keller Williams Realty

    (302) 381-4513

    31 in this area

    226 Total Sales

    William Brown
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU141752

Bright MLS

APN: 532-19.00-12.01

Delaware Sussex County Delmar 19940

8485 Old Racetrack Rd, Delmar, DE

This home is located at 8485 Old Racetrack Rd, Delmar, DE 19940 since 04 June 2019 and is currently estimated at $200,200, approximately $185 per square foot. This property was built in 1982. 8485 Old Racetrack Rd is a home located in Sussex County with nearby schools including Delmar Middle School, Delmar Elementary School, and Delmar High School.

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