NOT LISTED FOR SALE

16662 Seashore Hwy Georgetown, DE 19947

Estimated Value: $111,684 - $378,000

2 Beds
2 Baths
1,696 Sq Ft
$148/Sq Ft Est. Value

Last Sold April 26, 2019

Last sale price $118,100 $70 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $1,374/month

Highlights

  • Deck
  • Rambler Architecture
  • Main Floor Bedroom
  • Wood Burning Stove
  • Wood Flooring
  • Attic

About This Home

As of April 2019

Don't miss out on this great opportunity. This 2 bed 2 bath has lots of potential with a minimal price tag. Just a short drive from the beaches, multiple restaurant choices, the grocery, and personal services. Spacious home with room to roam. Could be turned into a three bedroom with minimal work. Large rear addition, family room, eat in kitchen, multiple decks, and detached 2 car garage. NO ONE may alter/occupy property until closing/funding FHA Financing-''IN''(Insured )-203k eligible Repair Insurability subject to buyer's appraisal.

Last Agent to Sell the Property

Sheri Smith

(443) 614-2825 sheri@sherismithrealtor.com Keller Williams Realty Delmarva License #RS-0015670 Listed on: 12/10/2018

Keller Williams Realty Delmarva

Last Buyer's Agent

Jeff Kemp

(302) 228-3987 jkemp8965@gmail.com EXP Realty, LLC License #5009418

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $561

Year Built

  • Built in 1950

Lot Details

  • 0.43 Acre Lot
  • Cleared Lot

Parking

  • 2 Car Detached Garage
  • Front Facing Garage
  • Stone Driveway
  • Gravel Driveway
  • Dirt Driveway
  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Stick Built Home
  • Cedar

Interior Spaces

  • 1,696 Sq Ft Home
  • Property has 1 Level
  • Wood Burning Stove
  • Crawl Space
  • Eat-In Kitchen
  • Attic

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Schools

  • North Georgetown Elementary School
  • Georgetown Middle School
  • Indian River High School

Utilities

  • Central Air
  • Heating System Powered By Leased Propane
  • Hot Water Baseboard Heater
  • Well
  • Mound Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 231-07.00-33.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$561

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: Between Rt 113 & 13
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1950
  • Remarks Public: Don't miss out on this great opportunity. This 2 bed 2 bath has lots of potential with a minimal price tag. Just a short drive from the beaches, multiple restaurant choices, the grocery, and personal services. Spacious home with room to roam. Could be turned into a three bedroom with minimal work. Large rear addition, family room, eat in kitchen, multiple decks, and detached 2 car garage. NO ONE may alter/occupy property until closing/funding FHA Financing-''IN''(Insured )-203k eligible Repair Insurability subject to buyer's appraisal.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Attic, Entry Level Bedroom, Kitchen - Eat-In, Stove - Wood
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1696
  • Living Area Sq Ft: 1696
  • Price Per Sq Ft: 73.70
  • Above Grade Finished Sq Ft: 1696
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 16662

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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: Cedar, Stick Built, Wood Siding
  • Roof: Asphalt, Shingle
  • 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: Dirt Driveway, Gravel Driveway, Private, Stone Driveway
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Propane - Leased
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Sewer/Septic System: Mound System
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

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

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: INDIAN RIVER
  • Elementary School: NORTH GEORGETOWN
  • Middle School: GEORGETOWN
  • High School: INDIAN RIVER
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 300200396898
  • School District Source: 3rd Party
  • Elementary School: NORTH GEORGETOWN
  • High School: INDIAN RIVER
  • Middle Or Junior School: GEORGETOWN

Lot Info

  • Additional Parcels: No
  • Lot Features: Cleared
  • Lot Size Acres: 0.43
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18896.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: A
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5141223
  • School Tax: 495.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 561.00
  • Assessor Parcel Number: 231-07.00-33.00
  • Tax Total Finished Sq Ft: 1696
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 04/26/2019

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2018
Closed on
Apr 26, 2019
Sold by
Usa Hud
Bought by
Pervez Raja A
Seller's Agent
Sheri Smith
Keller Williams Realty Delmarva
Buyer's Agent
Jeff Kemp
EXP Realty, LLC
List Price
$125,000
Sold Price
$118,100
Premium/Discount to List
-$6,900
-5.52%
Current Estimated Value
$251,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,571
Avg. Annual Appreciation
12.34%
Original Mortgage
$112,195
Outstanding Balance
$98,239
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$153,432

Purchase Details

Closed on
Oct 24, 2018
Sold by
Bank Of America Na
Bought by
Department Of Housing & Urban Dev

Purchase Details

Closed on
Oct 10, 2018
Sold by
Green Joshua
Bought by
Bank Of America Na

Purchase Details

Closed on
Aug 11, 2010
Bought by
Green Joshua

Purchase Details

Closed on
Aug 5, 2010
Bought by
Green Joshua
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Pervez Raja A -- --
Department Of Housing & Urban Dev -- --
Bank Of America Na $178,703 --
Green Joshua $182,000 --
Green Joshua $182,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pervez Raja A $112,195
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2019 04/26/19 Sold $118,100 -5.5% $70 / Sq Ft
03/16/2019 03/16/19 Pending -- -- --
03/12/2019 03/12/19 For Sale $125,000 0.0% $74 / Sq Ft
02/26/2019 02/26/19 Pending -- -- --
02/01/2019 02/01/19 Price Changed $125,000 -24.2% $74 / Sq Ft
12/10/2018 12/10/18 For Sale $165,000 -- $97 / 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 $527 $14,850 $1,250 $13,600
2024 $628 $14,850 $1,250 $13,600
2023 $627 $14,850 $1,250 $13,600
2022 $617 $14,850 $1,250 $13,600
2021 $599 $14,850 $1,250 $13,600
2020 $572 $14,850 $1,250 $13,600
2019 $570 $14,850 $1,250 $13,600
2018 $575 $14,850 $0 $0
2017 $566 $14,850 $0 $0
2016 $513 $14,850 $0 $0
2015 $528 $14,850 $0 $0
2014 $520 $14,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU124438

Bright MLS

APN: 231-07.00-33.00