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31177 Cormorant Court

31177 Cormorant Court, Millsboro, DE 19966
Property in Sussex
Sold Aug 03, 2017
$809,600
$140,000 by Fairway Independent Mortgage C
Mortgage
Sold Jan 05, 2017
$80,000
31177 Cormorant Court in Millsboro, DE was first built in 2016 and is 8 years old. This has been categorized as a residential property type. It is a single story home. There are 3 partial bathrooms. 31177 Cormorant Court has 1,961 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 830 ft and the linear feet between the front and back of the lot is 1,380. In total, the area measurement of the land is 11,454 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable style roof made of wood shake/ shingles. For those who need parking, there is a mixed used garage. The garage is 129 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. The exterior walls of the home are made of wood. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 31177 Cormorant Court sold most recently in Jun 13, 2017 for a total of $809,600. If you work out the math, that's approximately a cost of $412.85 per sqft. Before that, the property was also sold for $80,000 in Dec 28, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,496 in taxes each year. 31177 Cormorant Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $35,650. If we break it down further, the land itself was valued at $5,000. Improvements to the property, however, were assessed at a total of $30,650. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Quality: A
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Floor Cover: Ceramic
  • Basement Type: Unspecified basement
  • Basement Area: 1,961
  • Garage Type: Mixed use
  • Garage Square Area: 129
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 11,454
  • Lot Size Depth Feet: 1,380
  • Lot Size Frontage Feet: 830
  • Total Building Area: 1,961
  • Gross Building Area: 1,961
  • Building Area: 1,961
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,961
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PENINSULA LAKES
  • Land Acres: 0.263
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PENINSULA LAKES LOT 70

Ownership

  • Current Owner : MININNI DONNA
  • Current Owner 2: MININNI JOSEPH
  • Previous Owner : SCHELL BROTHERS LLC A DELAWARE LIMITED L
  • Owner Before Previous Owner: PENINSULA LAKES LLC A DELAWARE LIMITED L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indian River School District
  • School Tax School District: INDIAN RIVER SD
  • Census Tract: 050708

Zoning

  • Zoning: MR

Geography

  • District: INDIAN RIVER
  • Parcel: 234-29.00-1317.00
  • Lot: 70
  • Municipality: INDIAN RIVER HUNDRED
  • Latitude: 38.6197
  • Longitude: -75.1839

    Address

  • Full Address: 31177 Cormorant Ct
  • Address - House Number: 31177
  • Address - Street Name: Cormorant
  • Address - Suffix Type: Ct
  • State: DE
  • City Name: Millsboro
  • Carrier Code: R020
  • 4-Digit Zip Code: 7331
  • Zip Code: 19966

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,496

    Appraisal Valuation

  • Standard Deviation: 0.2505
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 64
  • Final Value: 761,997
  • High Value: 952,953
  • Low Value: 571,040

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $165,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Aug 03, 2017
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $140,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Lender: FULTON BANK
  • Second Open Lien Mortgage Recording Date: Apr 12, 2018
  • Second Open Lien Mortgage Loan Amount: $25,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)

    Market Valuation

  • Market Total Value: $71,300
  • Market Land Value: $10,000
  • Market Improvement Value: $61,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,650
  • Assessed Land Value: $5,000
  • Assessed Improvements Value: $30,650

    Sales

  • Current Sale Contract Date: Jun 13, 2017
  • Current Sale Recording Date: Aug 03, 2017
  • Current Sale Transaction ID: 1732181556
  • Current Sale Price: $809,600
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 28989
  • Previous Sale Recording Date: Jan 05, 2017
  • Previous Sale Contract Date: Dec 28, 2016
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Aug 03, 2017
  • First Mortgage Loan Amount: $140,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Sussex



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$2,850 /mo

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24757 Rivers Edge Rd, MILLSBORO, DE, 19966 Listing by RH Advisors Bright

Frequently Asked Questions

What neighborhood is 31177 Cormorant Court located in?
The 31177 Cormorant Court is a located in the neighborhood of Sussex in Sussex, Millsboro.
What is the average sales price for listings in 31177 Cormorant Court?
The average sales price for units in 31177 Cormorant Court is $0 currently.

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