Incredible investment opportunity! This home is located on 5+ acres and has a ton of potential! Limited information available. This home is being sold as-is and the buyer is responsible for doing their due diligence and completing the Class H Inspection.
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Sell
$85,573
Est. take-home
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Refinance
$0
Est. cash available
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Market trends in 19941, DE
Last updated August 2026
Buyer's Market
Seller's Market
Balanced market
Sale-to-List Price
101.9%
0.2% MoM
Median sale price
$390K
$9K MoM
Avg. days on market
78d
17 days MoM
Recently sold homes
24
2 MoM
Provided by Redfin
Sale history for 12698 Holly Tree Rd
Date
Event
Price
BRIGHT MLS #DESU2026964
Sep 16, 2022
Sold
$200,000
$119/sq ft
Sep 3, 2022
Pending
—
Aug 30, 2022
Listed
$180,000
$107/sq ft
Aug 29, 2022
Coming Soon
$180,000
$107/sq ft
Public Records
Dec 22, 1993
Sold
$66,000
$39/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$485 (−0.3%)
$63,100 + $16,150
$79,250
2025
$486 (−43.5%)
$63,100 + $16,150
$79,250
2024
$860 (−3.7%)
$63,100 + $16,150
$79,250
2023
$892 (+1.5%)
$4,350 + $11,700
$16,050
2022
$879 (−1.1%)
$4,350 + $11,700
$16,050
2021
$889 (−0.3%)
$4,350 + $11,700
$16,050
2020
$892 (−0.8%)
$4,350 + $11,700
$16,050
2019
$899 (−0.5%)
$4,350 + $11,700
$16,050
2018
$903 (−1.2%)
$4,350 + $11,700
$16,050
2017
$915 (−7.6%)
$4,350 + $11,700
$16,050
2016
$990 (+47.1%)
$4,350 + $11,700
$16,050
2014
$673
$4,350 + $11,700
$16,050
Tax history for 12698 Holly Tree Rd
Year
Property tax
Land + Additions
Assessment*
2026
$485 (−0.3%)
$63,100 + $16,150
$79,250
2025
$486 (−43.5%)
$63,100 + $16,150
$79,250
2024
$860 (−3.7%)
$63,100 + $16,150
$79,250
2023
$892 (+1.5%)
$4,350 + $11,700
$16,050
2022
$879 (−1.1%)
$4,350 + $11,700
$16,050
2021
$889 (−0.3%)
$4,350 + $11,700
$16,050
2020
$892 (−0.8%)
$4,350 + $11,700
$16,050
2019
$899 (−0.5%)
$4,350 + $11,700
$16,050
2018
$903 (−1.2%)
$4,350 + $11,700
$16,050
2017
$915 (−7.6%)
$4,350 + $11,700
$16,050
2016
$990 (+47.1%)
$4,350 + $11,700
$16,050
2014
$673
$4,350 + $11,700
$16,050
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
1.2
Lot width
—
Lot depth
—
Lot size
5.6 Acres
Year renovated
—
Sq. Ft.
1,680
Year built
1987
Style
Other
County
Sussex County
APN
230-27.00-52.05
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 24, 2026.
AR-1
Agricultural Residential District
The purpose of these districts is to provide for a full range of agricultural activities and to protect agricultural lands, as one of the county's most valuable natural resources, from the depreciating effect of objectional, hazardous and unsightly uses. They should also protect established agricultural operations and activities. These districts are also intended for protection of watersheds, water resources, forest areas and scenic values and, at the same time, to provide for low-density single-family residential development, together with such churches, recreational facilities and accessory uses as may be necessary or are normally compatible with residential surroundings. The AR regulations seek to prevent untimely scattering of more-dense urban uses, which should be confined to areas planned for efficient extension of public services.
Permitted uses
Include but are not limited to:
Greenhouse / nursery
Religious facility
Housing-Single unit
Golf related
Recreation-Other
Veterinary clinic
Agriculture
Park & open space
Property details
Parking
Parking Information
Driveway
Interior
Bedroom Information
# of Bedrooms On Main Level: 3
Bathroom Information
# of Bathrooms (Full) On Main Level: 2
# of Bathrooms (Full): 2
Interior Information
Living Area Sq.Ft. Source: Estimated
Basement Information
Basement: No
Exterior
Property Information
Not Federal Flood Zone
Total Below Grade Sq. Ft.: 0
Ownership Interest: Fee Simple
Year Built Source: Estimated
Building Information
Building Name: NONE AVAILABLE
Construction Materials: Block
Foundation Details: Block
Other Structures: Above Grade, Below Grade
Lot Information
Tidal Water: No
Above Grade Information
Finished Sq.Ft.: 1,680
Finished Sq.Ft. Source: Estimated
Below Grade Information
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft. Source: Assessor
Financial
Tax Information
County Tax: $71
School Tax: $818
Tax Year: 2021
Tax Annual Amount: $889
Assessments Information
Year Assessed: 2021
Utilities
Utilities Information
Cooling Fuel: Electric
Central
Heating Fuel: Electric
Hot Water: Electric
Sewer Septic: Septic Exists
Water Source: Well
Location
School Information
School District Name: MILFORD
School District Source: Listing Agent
Location Information
Outside City Limits
Sussex DE Quadrants: Between Rt 1 & 113
Directions: From Georgetown, head North via US-113 N. Turn right onto Sharons Rd. Turn right onto DE-16 E. Turn left onto Reynolds Pond Rd/Rte 231. Turn left onto Rd 226/Holly Tree Rd.
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,680
Stories: 1.2
Lot Size: 5.6 acres
Style: Other
Year Built: 1987
Year Renovated: —
County: Sussex County
APN: 230-27.00-52.05
Home facts updated by county records on Aug 24, 2026
Around this home
Schools
Morris (Evelyn I.) Early Childhood
Public PreK-K • Assigned • 4.3mi
Milford Central Academy
Public 6-8 • Assigned • 8.5mi
3/10
Milford Senior High School
Public 9-12 • Assigned • 8.4mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
8/10 Heat Factor
7 days above 103° expected this year, 18 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Ellendale, DE • 19941
Average low and high temperatures (°F)
40
23
44
27
61
39
69
47
74
56
85
65
88
71
80
62
78
61
70
48
59
39
46
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$238,000 – $288,000
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