$590,000
SOLD MAR 26, 2025

124 E Pine St Unit 101 AND 102 Georgetown, DE 19947

6 Beds
6 Baths
4,560 Sq Ft
9,300 Sq Ft Lot

Recently Sold

$129 Per Sq Ft

7% Below List Price

75 Days on Market

Highlights

  • New Construction
  • Curved or Spiral Staircase
  • Attic
  • Open Floorplan
  • A-Frame Home
  • Mud Room

About This Home

As of March 2025

**Brand New Duplex Opportunity in the Heart of Georgetown!** NO HOA, CONDO FEES, OR CAPITAL CONTRIBUTION PAYMENTS.

Picture yourself owning a stunning brand-new duplex in Sussex County's central location. Situated in Georgetown, just one block from the Newly built Sussex County Court and only minutes from the beautiful beaches, this incredible opportunity offers the perfect combination of convenience, comfort, and investment potential.

Each of the two spacious units of 2280 sq ft features three bedrooms, 2.5 bathrooms, and a variety of high-end amenities, including open floor plan living, perfect for entertaining and relaxation, and a spacious gourmet kitchen with granite countertops and modern cabinets. Walk-in closet for ample storage. Second-floor laundry room for added convenience. The attached garage is completely insulated (including the garage door) and ready to be converted into additional living space.

The first floor is dedicated to living, kitchen, and dining areas, providing the perfect layout for modern living. With many quality upgrades throughout, these units are sure to impress.

Last Agent to Sell the Property

Claudia Sosa Ducote

(240) 988-0929 claudia@lisamathena.com The Lisa Mathena Group, Inc. License #RS-00019674 Listed on: 12/04/2024

Co-Listed By

Lisa Mathena

(302) 236-6232 lisa@lisamathena.com The Lisa Mathena Group, Inc.

Last Buyer's Agent

Josh Wilt

(302) 752-8927 josh@coastallifede.com Compass License #0039622

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,840

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 9,300 Sq Ft Lot
  • Lot Dimensions are 75.00 x 124.00
  • West Facing Home
  • Cleared Lot
  • Property is in excellent condition

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • A-Frame Home
  • Block Foundation
  • Wood Walls
  • Architectural Shingle Roof
  • Metal Roof
  • Stick Built Home

Interior Spaces

  • 4,560 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Curved or Spiral Staircase
  • Wood Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Double Hung Windows
  • Wood Frame Window
  • Window Screens
  • Insulated Doors
  • Mud Room
  • Living Room
  • Dining Room
  • Den
  • Laminate Flooring
  • Crawl Space
  • Attic

Kitchen

  • Gas Oven or Range
  • Stainless Steel Appliances
  • Kitchen Island

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Energy-Efficient Appliances
  • Porch

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 135-15.17-150.00

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,840

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: A-Frame, Loft
  • Sussex De Quadrants: Between Rt 113 & 13
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2024
  • Automatically Close On Close Date: No
  • Remarks Public: **Brand New Duplex Opportunity in the Heart of Georgetown!** NO HOA, CONDO FEES, OR CAPITAL CONTRIBUTION PAYMENTS. Picture yourself owning a stunning brand-new duplex in Sussex County's central location. Situated in Georgetown, just one block from the Newly built Sussex County Court and only minutes from the beautiful beaches, this incredible opportunity offers the perfect combination of convenience, comfort, and investment potential. Each of the two spacious units of 2280 sq ft features three bedrooms, 2.5 bathrooms, and a variety of high-end amenities, including open floor plan living, perfect for entertaining and relaxation, and a spacious gourmet kitchen with granite countertops and modern cabinets. Walk-in closet for ample storage. Second-floor laundry room for added convenience. The attached garage is completely insulated (including the garage door) and ready to be converted into additional living space. The first floor is dedicated to living, kitchen, and dining areas, providing the perfect layout for modern living. With many quality upgrades throughout, these units are sure to impress.
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Oven/Range - Gas, Energy Efficient Appliances, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Water Heater
  • Flooring Type: Laminate Plank
  • Interior Amenities: Attic, Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Ceiling Fan(s), Curved Staircase, Floor Plan - Open, Kitchen - Island, Pantry, Primary Bath(s), Recessed Lighting, Bathroom - Tub Shower, Walk-In Closet(s), Window Treatments
  • Window Features: Wood Frame, Screens, Double Hung
  • Fireplace: No
  • Door Features: Insulated
  • Wall Ceiling Types: Dry Wall, Wood Walls, Wood Ceilings
  • Foundation Details: Block, Crawl Space
  • Levels Count: 2
  • Room Count: 12
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Den, Bedroom 1, Laundry, Mud Room, Bathroom 1, Bathroom 2, Bathroom 3
  • Basement: No
  • Laundry Type: Upper Floor, Hookup
  • Total Sq Ft: 4560
  • Living Area Sq Ft: 4560
  • Price Per Sq Ft: 131.56
  • Above Grade Finished Sq Ft: 4560
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 124

Beds/Baths

  • Bedrooms: 6
  • Total Bathrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 4
  • Upper Level Bathrooms: 4.00
  • Upper Level Full Bathrooms: 4
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Construction Completed: No
  • Exterior Features: Sidewalks
  • Roof: Architectural Shingle, Metal
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Built In, Covered Parking, Garage - Rear Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 220 Volts
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Water Available, Sewer Available
  • 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

  • Lot Features: Cleared
  • Lot Size Acres: 0.21
  • Lot Dimensions: 75.00 x 124.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9300.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Excellent
  • Zoning: AR
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1840.00
  • Assessor Parcel Number: 135-15.17-150.00
  • Close Date: 03/26/2025

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2024
Closed on
Mar 20, 2025
Sold by
Real Spring Llc
Bought by
Zheng Ting Ting
Seller's Agent
Claudia Sosa Ducote
The Lisa Mathena Group, Inc.
Buyer's Agent
Josh Wilt
Compass
List Price
$635,000
Sold Price
$590,000
Premium/Discount to List
-$45,000
-7.09%
Views
12
Current Estimated Value
$593,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,650
Avg. Annual Appreciation
1.13%
Original Mortgage
$442,500
Outstanding Balance
$440,235
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$153,415

Purchase Details

Closed on
Dec 30, 2018
Sold by
Rockford Grorgetown Llc
Bought by
Realsprings Llc

Purchase Details

Closed on
Feb 15, 2017
Sold by
Lopez Ipolito
Bought by
Rockford Georgetown Llc

Purchase Details

Closed on
Aug 4, 2015
Sold by
226 Main Street Llc
Bought by
Lopez Ipolito

Purchase Details

Closed on
Apr 16, 2013
Sold by
Scanlon Capital Management Llc
Bought by
226 Main Street Llc

Purchase Details

Closed on
Apr 12, 2013
Sold by
Scanlon Capital Management Llc
Bought by
226 Main Street Llc
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 $590,000 None Listed On Document
Deed $590,000 None Listed On Document
Deed $29,000 --
Deed $29,000 None Available
Deed -- None Available
Deed $30,000 --
Deed $30,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $442,500 New Conventional
Closed $442,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2025 03/26/25 Sold $590,000 -1.7% $129 / Sq Ft
01/16/2025 01/16/25 Price Changed $599,900 -5.5% $132 / Sq Ft
12/04/2024 12/04/24 For Sale $635,000 -- $139 / 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 $655 $7,600 $1,750 $5,850
2024 $1,838 $7,600 $1,750 $5,850
2023 $314 $7,600 $1,750 $5,850
2022 $309 $7,600 $1,750 $5,850
2021 $300 $7,600 $1,750 $5,850
2020 $283 $7,600 $1,750 $5,850
2019 $285 $7,600 $1,750 $5,850
2018 $287 $7,600 $0 $0
2017 $290 $7,600 $0 $0
2016 $267 $7,600 $0 $0
2015 $263 $7,600 $0 $0
2014 $259 $7,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2075334

Bright MLS

APN: 135-15.17-150.00