NOT LISTED FOR SALE

Estimated Value: $359,000 - $465,000

0.41 Acres
$1,056,056 Price per Acre
17,860 Sq Ft Lot

Sale Details

Date Sold: September 28, 2016

Last sale price $150,000

Est. 189% increase in value since last sale

Current estimated payment $2,413 / mo

301 Days on Market

Highlights

  • River View
  • Partially Wooded Lot
  • Dock Against Bulkhead
  • Waterfront
  • No HOA
  • 4-minute walk to Cupola Park

About This Lot

As of September 2016

One of the few Riverfront lots left! The only in town WATERFRONT LOT available for sale in Millsboro. This lot is ready for you to build your dream home and wake each day to breathtaking views of the Indian River. Over 80 feet of Bulkheaded frontage. Town water and town sewer at the road. Bring your boat and your house plans.

Last Agent to Sell the Property

Joseph Lingo

(302) 703-6987 jgiles@psre.com Patterson-Schwartz-Rehoboth License #RS-0016460 Listed on: 10/31/2015

Patterson-Schwartz-Rehoboth

Last Buyer's Agent

Thomas Schoenbeck

(302) 360-0300 DelHomeFinder@gmail.com Keller Williams Realty License #5001521

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $482

Lot Details

  • 17,860 Sq Ft Lot
  • Lot Dimensions are 75x209x81x239
  • Waterfront
  • Irregular Lot
  • Partially Wooded Lot
  • Zoning described as TOWN CODES

Property Views

  • River
  • Creek or Stream

Utilities

  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number 133-17.10-7.00

Community Details

Overview

  • No Home Owners Association

Recreation

  • Water Access
  • River Nearby
  • Bulkhead
  • Dock Against Bulkhead

Property Details

Property Type

Land

Est. Annual Taxes

$482

Lot Details

0.41 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • New Construction: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 11.14

Exterior Features

  • Construction Completed: No
  • View: River, Creek/Stream
  • Water Access: Yes
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: No Sewer System, Public Hook/Up Avail
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Lot Info

  • Lot Features: Bulkheaded, Irregular, Partly Wooded
  • Lot Size Acres: 0.41
  • Lot Dimensions: 75x209x81x239
  • Lot Size Units: Acres
  • Lot Sq Ft: 17860.00
  • Zoning Description: TOWN CODES
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5097954
  • Tax Annual Amount: 482.00
  • Assessor Parcel Number: 133-17.10-7.00
  • County Tax Payment Frequency: Annually

Multi Family

  • Income Expense List: Total Tax Bill

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2018
Sold by
Pfannenstein Lorie
Bought by
Pfannenstein Lorie A and Pfannenstein Melvin E
Current Estimated Value
$432,983

Purchase Details

Listed on
Oct 31, 2015
Closed on
Sep 26, 2016
Sold by
Lingo Raymond D and Lingo Ruth C
Bought by
Pfannenstein Lorie
Seller's Agent
Joseph Lingo
Patterson-Schwartz-Rehoboth
Buyer's Agent
Thomas Schoenbeck
Keller Williams Realty
List Price
$249,000
Sold Price
$150,000
Premium/Discount to List
-$99,000
-39.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.77%

Purchase Details

Closed on
Jul 16, 1998
Bought by
Lingo Raymond D (Trustee)
Source: Public Records
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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
Pfannenstein Lorie A -- --
Pfannenstein Lorie $150,000 None Available
Lingo Raymond D (Trustee) -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2016 09/28/16 Sold $150,000 -39.8% --
08/27/2016 08/27/16 Pending -- -- --
10/31/2015 10/31/15 For Sale $249,000 -- --
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 $971 $5,250 $5,250 $0
2024 $1,307 $5,250 $5,250 $0
2023 $1,305 $5,250 $5,250 $0
2022 $1,284 $5,250 $5,250 $0
2021 $1,246 $5,250 $5,250 $0
2020 $1,168 $5,250 $5,250 $0
2019 $1,163 $5,250 $5,250 $0
2018 $199 $5,250 $0 $0
2017 $200 $5,250 $0 $0
2016 $176 $5,250 $0 $0
2015 $182 $5,250 $0 $0
2014 $179 $5,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: 1001011584

Bright MLS

APN: 133-17.10-7.00

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