NOT LISTED FOR SALE

124 E Pine St Georgetown, DE 19947

Estimated Value: $533,708 - $640,000

Studio
-- Bath
4,560 Sq Ft
$129/Sq Ft Est. Value

Last Sold March 26, 2025

Last sale price $590,000 $129 Per Sq Ft

Current estimated payment $3,188/month

77 Days on Market

Highlights

  • New Construction
  • Curved or Spiral Staircase
  • Attic
  • Open Floorplan
  • A-Frame Home
  • Corner Lot

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

(855) 334-6637 lisa@lisamathena.com The Lisa Mathena Group, Inc. License #RS-00019674 Listed on: 12/02/2024

Co-Listed By

Lisa Mathena

(855) 334-6637 lisa@lisamathena.com The Lisa Mathena Group, Inc.

Last Buyer's Agent

Josh Wilt

(302) 273-4998 ashley.hess@compass.com Compass License #0039622

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,839

Year Built

  • Built in 2024 | New Construction

Lot Details

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

Parking

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

Home Design

  • Duplex
  • A-Frame Home
  • Block Foundation
  • Wood Walls
  • Architectural Shingle Roof
  • Metal Roof
  • Stick Built Home

Interior Spaces

  • 4,560 Sq Ft Home
  • Open Floorplan
  • Curved or Spiral Staircase
  • Wood Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Double Hung Windows
  • Wood Frame Window
  • Window Screens
  • Insulated Doors
  • Laminate Flooring
  • Crawl Space
  • Attic

Kitchen

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

Bedrooms and Bathrooms

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

Schools

  • Georgetown Elementary School
  • Central Middle School
  • Sussex Central High School

Utilities

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

Additional Features

  • Energy-Efficient Appliances
  • Porch

Listing and Financial Details

  • Assessor Parcel Number 135-15.17-150.00

Community Details

Overview

  • 2 Units
  • 2-Story Building

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,839

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: A-Frame, Loft
  • Sussex De Quadrants: Between Rt 113 & 13
  • Ownership: Fee Simple
  • Inclusions: Appliances at the property
  • New Construction: Yes
  • Year Built: 2024
  • Automatically Close On Close Date: No
  • Special Features: NewHome

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
  • Basement: No
  • 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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Construction Completed: No
  • Exterior Features: Sidewalks
  • Road Surface Type: Paved
  • 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: 10
  • Type Of Parking: Off Street, Driveway, Attached Garage
  • Number of Spaces in Driveway: 4
  • Off Street Parking Spaces: 4

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

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: GEORGETOWN
  • High School: SUSSEX CENTRAL
  • Middle Or Junior School: CENTRAL MIDDLE

Green Features

  • Efficiency: Appliances

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: 1839.00
  • Assessor Parcel Number: 135-15.17-150.00

Multi Family

  • Number Of Units Vacant: 2

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 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
65
Current Estimated Value
$590,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177
Avg. Annual Appreciation
0.04%
Original Mortgage
$442,500
Outstanding Balance
$440,235
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$149,942

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

Listed on
Nov 30, 2012
Closed on
Apr 16, 2013
Sold by
Scanlon Capital Management Llc
Bought by
226 Main Street Llc
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Joseph Maggio
Dave McCarthy & Associates, Inc.
List Price
$30,000
Sold Price
$30,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.21%

Purchase Details

Listed on
Nov 30, 2012
Closed on
Apr 12, 2013
Sold by
Scanlon Capital Management Llc
Bought by
226 Main Street Llc
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Joseph Maggio
Dave McCarthy & Associates, Inc.
List Price
$30,000
Sold Price
$30,000
Source: Public Records
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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
Zheng Ting Ting $590,000 None Listed On Document
Zheng Ting Ting $590,000 None Listed On Document
Realsprings Llc $29,000 --
Rockford Georgetown Llc $29,000 None Available
Lopez Ipolito -- None Available
226 Main Street Llc $30,000 --
226 Main Street Llc $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zheng Ting Ting $442,500
Closed Zheng Ting Ting $442,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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
12/02/2024 12/02/24 For Sale $635,000 +2016.7% $139 / Sq Ft
04/12/2013 04/12/13 Sold $30,000 0.0% -- View Prior Sale
03/12/2013 03/12/13 Pending -- -- --
11/30/2012 11/30/12 For Sale $30,000 -- --
Source: Bright MLS

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: DESU2075232

Bright MLS

APN: 135-15.17-150.00