NOT LISTED FOR SALE

16446 Seashore Hwy Georgetown, DE 19947

Estimated Value: $363,000 - $413,623

3 Beds
2 Baths
1,728 Sq Ft
$222/Sq Ft Est. Value

Sale Details

Date Sold: July 23, 2024

Last sale price $365,000 $211 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,148 / mo

19 Days on Market

Highlights

  • Water Oriented
  • Deck
  • 1 Fireplace
  • 5 Acre Lot
  • Rambler Architecture
  • No HOA

About This Home

As of July 2024

Welcome to this investor's dream in Georgetown! This Ranch/Rambler-style home sits on a spacious 5-acre lot, offering endless potential. The property features 3 bedrooms, 2 bathrooms, and boasts 1 level for convenient living. The exterior of the home includes three outbuildings for storage or potential workshop spaces. Step outside onto the deck or porch to enjoy the peaceful surroundings and ample outdoor space this property has to offer. This home is a diamond in the rough, waiting for the right investor to bring out its full potential. Renovations are needed to make this property shine. Don't miss this opportunity to own 5 acres with so many possibilities. Offer deadline 5/17/2024 at noon.

Last Agent to Sell the Property

David Watlington

(302) 285-5100 dwatlington@psre.com Patterson-Schwartz-Middletown License #RSR000878 Listed on: 05/03/2024

Patterson-Schwartz-Middletown

Last Buyer's Agent

Dustin Oldfather

(410) 849-7055 holly@compass.com Compass License #647315

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $900

Year Built

  • Built in 1988

Lot Details

  • 5 Acre Lot
  • Rural Setting
  • Chain Link Fence
  • Property is zoned RS

Parking

  • 2 Car Direct Access Garage
  • 5 Driveway Spaces
  • Front Facing Garage
  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,728 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Water Oriented
  • Property near a bay
  • Deck
  • Outbuilding
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2-31-07.00-0030.02

Home Details

Home Type

Single Family

Est. Annual Taxes

$900

Year Built

Built in 1988

Lot Details

5 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: Between Rt 113 & 13
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Special Features: 4108
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1728
  • Living Area Sq Ft: 1728
  • Price Per Sq Ft: 196.70
  • Above Grade Finished Sq Ft: 1728
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Outbuilding(s)
  • Water Access: No
  • Water Body Name: Delaware Bay
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Attached Garage, Driveway, Off Street
  • Number of Spaces in Driveway: 5

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Fencing: Chain Link
  • Land Lease: No
  • Lot Size Acres: 5.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 217800.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Zoning: RS
  • Zoning Description: Residential
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 803.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 900.00
  • Assessor Parcel Number: 2-31-07.00-0030.02
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2024
Closed on
Jul 10, 2024
Sold by
Bought by
Seller's Agent
David Watlington
Patterson-Schwartz-Middletown
Buyer's Agent
Dustin Oldfather
Compass
List Price
$339,900
Sold Price
$365,000
Premium/Discount to List
$25,100
7.38%
Views
83
Current Estimated Value
$383,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,906
Avg. Annual Appreciation
2.77%
Original Mortgage
$346,750
Outstanding Balance
$342,577
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$41,329

Purchase Details

Closed on
Nov 21, 1987
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$365,000 None Listed On Document
$15,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $346,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/23/2024 07/23/24 Sold $365,000 +7.4% $211 / Sq Ft
05/28/2024 05/28/24 For Sale $339,900 0.0% $197 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
05/03/2024 05/03/24 For Sale $339,900 -- $197 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $828 $21,800 $3,850 $17,950
2024 $910 $21,800 $3,850 $17,950
2023 $581 $21,800 $3,850 $17,950
2022 $561 $21,800 $3,850 $17,950
2021 $542 $21,800 $3,850 $17,950
2020 $520 $21,800 $3,850 $17,950
2019 $518 $21,800 $3,850 $17,950
2018 $511 $21,800 $0 $0
2017 $514 $21,800 $0 $0
2016 $472 $21,800 $0 $0
2015 $482 $21,800 $0 $0
2014 $471 $21,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Watlington

    Seller's Agent in 2024

    David Watlington

    Patterson Schwartz

    (302) 753-8124

    1 in this area

    126 Total Sales

    David Watlington
    Section Image
  • Dustin Oldfather

    Buyer's Agent in 2024

    Dustin Oldfather

    Compass

    (302) 249-5899

    58 in this area

    1,404 Total Sales

    Dustin Oldfather
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2061594

Bright MLS

APN: 231-07.00-30.01

Delaware Sussex County Georgetown 19947

16446 Seashore Hwy, Georgetown, DE

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