Address
85.4 Acres Route 12, Frederica, DE
Price
$ 3,416,000
Property Attributes
- MLS#DEKT2011114
- TypePending
- CountyKENT
- CityFrederica
- AreaLake Forest
- Zip19946
- StyleResidential,Agriculture
- Taxes$ 1161
- Price$ 3,416,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size85.4 Acres
Data Source:
Bright MLS
Property Description
Subdivision Opportunity! Large farm located within the Kent County Growth Zone. Property is part of the West Frederica Sewer Expansion. Seller has paid over $575,000 to provide gravity sewer to the site, supporting 205 +/- units. Sewer is on-site, central water is available. Sale includes a residence along Mid-State Road providing central access to the larger parcel. Since the listing hit the market, the Town of Frederica has expressed interest for annexation, which would allow for greater density. Seller will also accept non-contingent approval contract at $2,600,000 for a closing within 9 months.
| Price History | |
|---|---|
| 6/1/2022 | Listed $4,750,000 |
| 4/24/2023 | 9% - $4,350,000 |
| 12/4/2023 | 41% - $2,600,000 |
General Features
| Sewer | Public Hook/Up Avail |
|---|---|
| Utilities | Electric Available,Sewer Available,Water Available |
| Possession | Immediate |
| Zoning | AC |
| Property SubType | Land |
| Tax Year | 2021 |
| Current Use | Residential,Agriculture |
| Percent Ownership | Fee Simple |
| Additional Parcels Description | Sale includes 3 parcels: SM-00-141.00-01-06.00 & 06.12 and SM-08-141.06-01-74.00 |
| County | KENT |
| Property Type | Land |
| HOA / Comm Assn | No |
| Possible Use | Residential,Agriculture,Development |
| Water Access Y/N | No |
| Status | PENDING |
| Directions | - |
| ModificationTimestamp | 2024-01-25T10:38:38 |
| City | FREDERICA |
| Buyer Agent Compensation | 2 |
| MLS Area | Lake Forest (30804) |
| Lot Size Square Feet | 3720024.00 |
| Tax Assessed Value | 0.0 |
| Waterfront Y/N | No |
| Street Name | ROUTE 12 |
| Tax Annual Amount | 1161.0 |
| Condo/Coop Association Y/N | No |
| Clean Green Assessed Y/N | No |
| Price Per Sq Ft | 0.92 |
| Acceptable Financing | Cash,Conventional |
| Additional Parcels Y/N | Yes |
| Historic Y/N | No |
| Lease Considered Y/N | No |
| Vacation Rental Y/N | No |
| Days on Market | 502 |
| Location Type | Suburban |
| Standard Status | Pending |
| Buyer Agent Compensation Type | % Of Gross |
| Association Recreation Fee | No |
Exterior Features
| Lot Features | Cleared,Corner,Road Frontage,Subdivision Possible |
|---|---|
| Water Source | Public Hook-up Available |
| Water View Y/N | No |
| Lot Size Acres | 85.40 |
| Road Surface Type | Paved |
| Lot Size Units | Square Feet |
| Lot Size Source | Estimated |
| Road Responsibility | City/County |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 19946
Price
Taxes
Visits
© BRIGHT, All Rights Reserved
