NOT LISTED FOR SALE

107 W Adams St Georgetown, DE 19947

Estimated Value: $307,000 - $352,000

3 Beds
2.5 Baths
2,080 Sq Ft
$159/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $315,100 $151 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,799/month

36 Days on Market

Highlights

  • Colonial Architecture
  • Partially Wooded Lot
  • No HOA
  • Traditional Floor Plan
  • Wood Flooring
  • Den

About This Home

As of February 2024

This is a fantastic opportunity to own your own home that you can live in while you complete the updates you desire. Loads of room for all, this well built home awaits its new owner. This home is located on the south side of Georgetown on a partially wooded lot with a circular driveway and partially fenced back yard. There is so much potential for sweat equity. There is a new heat pump and newer water heater. There are real hardwood floors throughout the home, along with a double sided fireplace between the huge living room and the secluded family room. A formal dining room awaits all of your festive dinners and guests, along with an enclosed porch that could be used as an office, and a well laid out kitchen. This is a short sale, but should be able to close in a reasonable amount of time. This listing price is a bank approved short sale sales price.

Last Agent to Sell the Property

Lisa Mathena

(302) 236-6232 lisa@lisamathena.com The Lisa Mathena Group, Inc. Listed on: 11/28/2023

Last Buyer's Agent

Theodore Fugee

(800) 438-2968 tfugee@psre.com Patterson-Schwartz-Hockessin License #R3-0013801

Patterson-Schwartz-Hockessin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $643

Year Built

  • Built in 1966

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 85.00 x 120.00
  • Partially Wooded Lot
  • Back Yard Fenced, Front and Side Yard
  • Property is zoned TN

Parking

  • 1 Car Attached Garage
  • 6 Driveway Spaces
  • Rear-Facing Garage
  • Circular Driveway

Home Design

  • Colonial Architecture
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 2,080 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Built-In Features
  • Ceiling Fan
  • Double Sided Fireplace
  • Brick Fireplace
  • Window Treatments
  • Family Room
  • Living Room
  • Formal Dining Room
  • Den
  • Crawl Space

Kitchen

  • Built-In Oven
  • Cooktop with Range Hood
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry on main level
  • Laundry Chute

Outdoor Features

  • Outbuilding

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 135-19.08-242.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$643

Year Built

Built in 1966

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-11-28
  • Federal Flood Zone: No
  • Year Built: 1966
  • Automatically Close On Close Date: No
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Cooktop, Dishwasher, Oven - Wall, Range Hood, Refrigerator, Water Heater
  • Flooring Type: Hardwood, Carpet, Vinyl
  • Interior Amenities: Built-Ins, Ceiling Fan(s), Floor Plan - Traditional, Formal/Separate Dining Room, Laundry Chute, Primary Bath(s), Window Treatments, Wood Floors
  • Fireplace Features: Double Sided, Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room Count: 8
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Office, Primary Bathroom
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2080
  • Living Area Sq Ft: 2080
  • Price Per Sq Ft: 156.25
  • Above Grade Finished Sq Ft: 2080
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 107

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Exterior Features: Outbuilding(s)
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Paved Driveway, Circular Driveway
  • Garage Features: Garage - Rear Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Fencing: Rear, Partially
  • Lot Features: Partly Wooded, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.23
  • Lot Dimensions: 85.00 x 120.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10018.80
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 643.00
  • Assessor Parcel Number: 135-19.08-242.00
  • Tax Lot: 4
  • County Tax Payment Frequency: Annually
  • Close Date: 02/23/2024

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2023
Closed on
Feb 23, 2024
Sold by
Smith Anne Marie
Bought by
Tana Realty Llc
Seller's Agent
Lisa Mathena
The Lisa Mathena Group, Inc.
Buyer's Agent
Theodore Fugee
Patterson-Schwartz-Hockessin
List Price
$329,900
Sold Price
$315,100
Premium/Discount to List
-$14,800
-4.49%
Views
296
Current Estimated Value
$331,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,567
Avg. Annual Appreciation
3.32%
Original Mortgage
$330,000
Outstanding Balance
$317,456
Interest Rate
6.6%
Mortgage Type
Credit Line Revolving
Estimated Equity
$14,211

Purchase Details

Listed on
Apr 5, 2022
Closed on
Sep 30, 2022
Sold by
Holloway David A
Bought by
Smith Anne Marie
Seller's Agent
SHERRY MITCHELL
INDIAN RIVER LAND CO
Buyer's Agent
Barton Sink
At The Beach Real Estate
List Price
$349,500
Sold Price
$344,000
Premium/Discount to List
-$5,500
-1.57%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.08%
Original Mortgage
$337,769
Interest Rate
5.55%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 17, 1987
Bought by
Holloway David A and Holloway Wendy L
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Tana Realty Llc $315,100 None Listed On Document
Smith Anne Marie $344,000 --
Holloway David A $104,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tana Realty Llc $330,000
Previous Owner Smith Anne Marie $337,769
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $315,100 -3.0% $151 / Sq Ft
01/04/2024 01/04/24 Pending -- -- --
11/28/2023 11/28/23 Price Changed $325,000 -1.5% $156 / Sq Ft
11/28/2023 11/28/23 For Sale $329,900 -4.1% $159 / Sq Ft
09/30/2022 09/30/22 Sold $344,000 0.0% $160 / Sq Ft
07/01/2022 07/01/22 Pending -- -- --
06/13/2022 06/13/22 Price Changed $344,000 -1.6% $160 / Sq Ft
04/05/2022 04/05/22 For Sale $349,500 -- $163 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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 $492 $17,800 $2,000 $15,800
2024 $736 $17,800 $2,000 $15,800
2023 $747 $17,800 $2,000 $15,800
2022 $455 $17,800 $2,000 $15,800
2021 $440 $17,800 $2,000 $15,800
2020 $422 $17,800 $2,000 $15,800
2019 $420 $17,800 $2,000 $15,800
2018 $412 $17,800 $0 $0
2017 $415 $17,800 $0 $0
2016 $381 $17,800 $0 $0
2015 $389 $17,800 $0 $0
2014 $379 $17,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2051728

Bright MLS

APN: 135-19.08-242.00