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85.4 Acres Route 12 Frederica, DE $ 3,416,000
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$ 3,416,000 Get more info
85.4 Acres Route 12
$ 3,416,000
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Share Save

85.4 Acres Route 12

Frederica, DE, 19946
$ 3,416,000
Baths0.0

Monthly Estimate*

$ 22,704

85.4 Acres Route 12, Frederica, DE 19946 - Image 1
85.4 Acres Route 12, Frederica, DE 19946 - Image 2
Studio

Lots and Land for sale in Frederica, DE

for $3,416,000. The lot size is 85.4.

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.

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Lots and Land Pending

Price

$ 3,416,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 1,161

Style

Residential,Agriculture

Lot Size

85.4

Town/City

Frederica

County/Region

Kent

MLS | Web ID

DEKT2011114
Features
General
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 N
Possible Use Residential Agriculture Development
Water Access Y/N N
Status PENDING
Directions -
City FREDERICA
Buyer Agent Compensation 2
MLS Area Lake Forest (30804)
Lot Size Square Feet 3720024.00
Waterfront Y/N N
Street Name ROUTE 12
Tax Annual Amount 1161.0
Condo/Coop Association Y/N N
Clean Green Assessed Y/N N
Price Per Sq Ft 0.92
Acceptable Financing Cash Conventional
Additional Parcels Y/N Y
Historic Y/N N
Lease Considered Y/N N
Vacation Rental Y/N N
Days on Market 502
Location Type Suburban
Standard Status Pending
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Exterior
Lot Features Cleared Corner Road Frontage Subdivision Possible
Water Source Public Hook-up Available
Water View Y/N N
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 N
Water Oriented Y/N N
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Internal Only
Street Number 1 85
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* Excluded Features
List By
Masten Realty Llc

Broker

jamie@mastenrealty.com

Email

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$22,801
Per Month
100%
0%
0%
Monthly Principal & Interest
$22,704
Monthly Property Taxes
$97
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
2315485 Elementary School
2327565 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/4/2023$2,600,000 -40.23% Price Down
4/24/2023$4,350,000 -8.42% Price Down
6/1/2022$4,750,000 Listed Price

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85.4 Acres Route 12, Frederica, DE, 19946 is a Lots and Land for sale at $3,416,000 with a lot size of 85.4. 85.4 Acres Route 12 is a studio with 0.0 baths. The property's zip code is 19946 which is in Frederica, DE

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