NOT LISTED FOR SALE

8485 Old Racetrack Rd Delmar, DE 19940

Estimated Value: $227,000 - $265,675

2 Beds
1.5 Baths
1,080 Sq Ft
$233/Sq Ft Est. Value

Last Sold August 28, 2019

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

Est. 94% increase in value since last sale

Current estimated payment $1,385/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 $251,419, approximately $232 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

(410) 251-2196 jeffrey.messick@penfedrealty.com 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

(302) 381-4513 bill.brown@brighthomegroupllc.com Keller Williams Realty License #22503

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
  • 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

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 Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • 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
  • 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
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: DELMAR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2025
Sold by
Phillips Taylor
Bought by
Phillips Taylor and Machado Sebastian
Current Estimated Value
$251,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,344
Outstanding Balance
$205,344
Interest Rate
6.58%
Mortgage Type
FHA
Estimated Equity
$46,075

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.03%
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

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
Phillips Taylor -- None Listed On Document
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 $205,344
Previous Owner Phillips Taylor $131,212
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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
2025 $744 $8,850 $500 $8,350
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

    148 Total Sales

    Jeffrey Messick
    Section Image
  • William Brown

    Buyer's Agent in 2019

    William Brown

    Keller Williams Realty

    (302) 381-4513

    32 in this area

    226 Total Sales

    William Brown
    Section Image
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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

Not Listed for Sale

Detached

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