$230,000
SOLD MAR 7, 2025

119 W Market St Georgetown, DE 19947

2 Beds
1.5 Baths
1,941 Sq Ft
0.48 Acres

Recently Sold

$118 Per Sq Ft

3% Below List Price

17 Days on Market

Highlights

  • Rambler Architecture
  • No HOA
  • Patio
  • Wood Flooring
  • 1 Car Attached Garage
  • North Facing Home

About This Home

As of March 2025

Investor alert. Located approximately one block west of the Circle in Georgetown. This ranch on an approximate .48 acre lot offers a good in-town location for the investor with vision. Amenities include a one-car attached garage, fireplace and rear patio. Opportunity awaits. Buyer will be responsible for verification of zoning with the Town of Georgetown. Estate sale. Property is being conveyed in as-is condition with no warranties expressed or implied. Home inspection will be for information purposes only. Seller will make no repairs.

Last Agent to Sell the Property

Stephen Huston

CALLAWAY FARNELL AND MOORE License #RS-0012338 Listed on: 01/20/2025

Last Buyer's Agent

Eva Bracero-Mojica

Northrop Realty License #RS0038500

Northrop Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,132

Year Built

  • Built in 1949

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 87.00 x 240.00
  • North Facing Home
  • Property is in below average condition
  • Property is zoned TN

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Unpaved Parking

Home Design

  • Rambler Architecture
  • Fixer Upper
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,941 Sq Ft Home
  • Property has 1 Level
  • Stone Fireplace

Kitchen

  • Oven
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Outdoor Features

  • Patio

Utilities

  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • Oil Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 135-19.08-133.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,132

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1949
  • Automatically Close On Close Date: No
  • Remarks Public: Investor alert. Located approximately one block west of the Circle in Georgetown. This ranch on an approximate .48 acre lot offers a good in-town location for the investor with vision. Amenities include a one-car attached garage, fireplace and rear patio. Opportunity awaits. Buyer will be responsible for verification of zoning with the Town of Georgetown. Estate sale. Property is being conveyed in as-is condition with no warranties expressed or implied. Home inspection will be for information purposes only. Seller will make no repairs.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Oven - Single, Refrigerator
  • Flooring Type: Carpet, Hardwood, Vinyl
  • Fireplace Features: Stone
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1941
  • Living Area Sq Ft: 1941
  • Price Per Sq Ft: 122.10
  • Above Grade Finished Sq Ft: 1941
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 119

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Roof: Composite
  • 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: Unpaved
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Land Use Code: 999
  • Lot Size Acres: 0.48
  • Lot Dimensions: 87.00 x 240.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20880.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Below Average, Major Rehab Needed
  • Year Assessed: 2024
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1132.00
  • Assessor Parcel Number: 135-19.08-133.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 03/07/2025

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2025
Closed on
Mar 7, 2025
Sold by
Irvin B King Revocable Trust and Delaware Technical And Community College
Bought by
Ventura Edelfo Hernandez and Lopez Crisanta Martinez
Seller's Agent
Stephen Huston
CALLAWAY FARNELL AND MOORE
Buyer's Agent
Eva Bracero-Mojica
Northrop Realty
List Price
$237,000
Sold Price
$230,000
Premium/Discount to List
-$7,000
-2.95%
Views
77
Current Estimated Value
$226,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,000
Avg. Annual Appreciation
-4.14%
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 Type Sale Price Title Company
Deed $57,500 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2025 03/07/25 Sold $230,000 -3.0% $118 / Sq Ft
02/06/2025 02/06/25 Pending -- -- --
01/20/2025 01/20/25 For Sale $237,000 -- $122 / 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
2024 $626 $14,850 $3,150 $11,700
2023 $385 $14,850 $3,150 $11,700
2022 $372 $14,850 $3,150 $11,700
2021 $359 $14,850 $3,150 $11,700
2020 $344 $14,850 $3,150 $11,700
2019 $343 $14,850 $3,150 $11,700
2018 $340 $14,850 $0 $0
2017 $342 $14,850 $0 $0
2016 $313 $14,850 $0 $0
2015 $321 $14,850 $0 $0
2014 $313 $14,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2074448

Bright MLS

APN: 135-19.08-133.00