NOT LISTED FOR SALE

13 Terrace Ave Georgetown, DE 19947

Estimated Value: $251,000 - $283,000

0.16 Acre
$1,665,000 Price per Acre
6,960 Sq Ft Lot

Last Sold November 07, 2018

Last sale price $10,000

Est. 2,564% increase in value since last sale

Current estimated payment $1,429/month

688 Days on Market

About This Lot

As of November 2018

This home is located at 13 Terrace Ave, Georgetown, DE 19947 since 13 June 2016 and is currently estimated at $266,400. 13 Terrace Ave is a home located in Sussex County with nearby schools including North Georgetown Elementary School, Georgetown Middle School, and Sussex Central High School.

Last Agent to Sell the Property

R. T. Givens

(302) 856-4000 rt.givens@verizon.net LESTER REALTY INC. Listed on: 06/13/2016

Last Buyer's Agent

Lewis Briggs

(302) 856-6434 lewis@cooperealty.com COOPER REALTY ASSOCIATES INC License #RS-0018820

Property Details

Property Type

  • Land

Lot Details

  • 6,960 Sq Ft Lot
  • Lot Dimensions are 58x120
  • Cleared Lot
  • Property is zoned TOWN, TOWN CODES

Utilities

  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Highland Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 135-14.16-43.00

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Current Use: Residential
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 2.87

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer, Public Hook/Up Avail
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Lot Features: Cleared
  • Lot Size Acres: 0.16
  • Lot Size Area: 6960
  • Lot Dimensions: 58x120
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6960.00
  • Zoning: TOWN
  • Zoning Description: TOWN CODES
  • Farmland Preservation: No
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5129361
  • Tax Annual Amount: 55.00
  • Assessor Parcel Number: 135-14.16-43.00
  • County Tax Payment Frequency: Annually

Multi Family

  • Income Expense List: Total Tax Bill

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2016
Closed on
Nov 7, 2018
Sold by
Vernon Diane and Farrow Robert L
Bought by
Jjak Enterprises Llc
Seller's Agent
R. T. Givens
LESTER REALTY INC.
Buyer's Agent
Lewis Briggs
COOPER REALTY ASSOCIATES INC
List Price
$25,000
Sold Price
$10,000
Premium/Discount to List
-$15,000
-60%
Current Estimated Value
$266,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,400
Avg. Annual Appreciation
57.56%
Original Mortgage
$130,000
Outstanding Balance
$113,518
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$152,882
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
Jjak Enterprises Llc $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jjak Enterprises Llc $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2018 11/07/18 Sold $10,000 -60.0% --
05/02/2018 05/02/18 Pending -- -- --
06/13/2016 06/13/16 For Sale $25,000 -- --
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 $544 $1,600 $1,150 $450
2024 $504 $1,600 $1,150 $450
2023 $504 $1,600 $1,150 $450
2022 $496 $1,600 $1,150 $450
2021 $481 $1,600 $1,150 $450
2020 $459 $1,600 $1,150 $450
2019 $457 $1,600 $1,150 $450
2018 $61 $1,600 $0 $0
2017 $61 $1,600 $0 $0
2016 $54 $1,600 $0 $0
2015 $55 $1,600 $0 $0
2014 $55 $1,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001574644

Bright MLS

APN: 135-14.16-43.00