NOT LISTED FOR SALE

18502 Emerson Way Georgetown, DE 19947

Estimated Value: $543,000 - $637,407

4 Beds
3 Baths
2,572 Sq Ft
$235/Sq Ft Est. Value

Last Sold April 06, 2023

Last sale price $560,963 $218 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $3,091/month

Highlights

  • New Construction
  • Community Pool
  • Tankless Water Heater
  • Coastal Architecture
  • 2 Car Attached Garage
  • Central Air

About This Home

As of April 2023

This home is located at 18502 Emerson Way, Georgetown, DE 19947 since 06 May 2023 and is currently estimated at $603,852, approximately $234 per square foot. This property was built in 2023. 18502 Emerson Way is a home located in Sussex County with nearby schools including Georgetown Elementary School, Georgetown Middle School, and Sussex Central High School.

Last Agent to Sell the Property

datacorrect BrightMLS

Non Subscribing Office Listed on: 05/06/2023

Last Buyer's Agent

Peter Walling

Berkshire Hathaway HomeServices PenFed Realty License #RS-0017187

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,423

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 65.00 x 120.00
  • Property is in excellent condition
  • Property is zoned MR

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Coastal Architecture
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 2,572 Sq Ft Home
  • Property has 2 Levels
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 3 Full Bathrooms

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Utilities

  • Central Air
  • Heating Available
  • Metered Propane
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 212
  • Assessor Parcel Number 135-11.00-368.00

Community Details

Overview

  • $1,900 Capital Contribution Fee
  • Hawthorne Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,423

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$125 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2023
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 2572
  • Living Area Sq Ft: 2572
  • Price Per Sq Ft: 169.09
  • Above Grade Finished Sq Ft: 2572
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 18502

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Construction Completed: Yes
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Metered
  • Heating Type: Energy Star Heating System
  • Heating: Yes
  • Hot Water: Tankless
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 375.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 1900.00

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 999
  • Lot Size Acres: 0.17
  • Lot Dimensions: 65.00 x 120.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7405.00
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 6542001
  • School Tax: 63.00
  • Tax Annual Amount: 71.00
  • Assessor Parcel Number: 135-11.00-368.00
  • Tax Lot: 212
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 04/06/2023

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2023
Closed on
Apr 3, 2023
Sold by
Hawthorne Development Llc
Bought by
Erlick Nelson Edward and Erlick Cheryl Barish
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Peter Walling
Berkshire Hathaway HomeServices PenFed Realty
List Price
$434,900
Sold Price
$560,963
Premium/Discount to List
$126,063
28.99%
Current Estimated Value
$522,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$38,417
Avg. Annual Appreciation
2.71%
Original Mortgage
$150,000
Outstanding Balance
$146,535
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$450,994
Source: Public Records

Range of Values:

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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
Erlick Nelson Edward $560,963 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erlick Nelson Edward $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2023 05/06/23 For Sale $434,900 -22.5% $169 / Sq Ft
04/06/2023 04/06/23 Sold $560,963 -- $218 / Sq Ft
04/06/2023 04/06/23 Pending -- -- --
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
2024 $1,423 $1,750 $1,750 $0
2023 $1,421 $1,750 $1,750 $0
2022 $72 $1,750 $1,750 $0
2021 $1 $1,750 $1,750 $0
2020 $1 $1,750 $1,750 $0
2019 $1 $1,750 $1,750 $0
2018 $1 $1,750 $0 $0
2017 $1 $1,750 $0 $0
2016 $1 $1,750 $0 $0
2015 $1 $1,750 $0 $0
2014 $1 $1,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • d

    Seller's Agent in 2023

    datacorrect BrightMLS

    Non Subscribing Office

    Section Image

  • P

    Buyer's Agent in 2023

    Peter Walling

    BHHS PenFed (actual)

    (302) 249-1946

    1 in this area

    26 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: DESU2040914

Bright MLS

APN: 135-11.00-368.00

Delaware Sussex County Georgetown 19947

18502 Emerson Way, Georgetown, DE

This home is located at 18502 Emerson Way, Georgetown, DE 19947 since 06 May 2023 and is currently estimated at $603,852, approximately $234 per square foot. This property was built in 2023. 18502 Emerson Way is a home located in Sussex County with nearby schools including Georgetown Elementary School, Georgetown Middle School, and Sussex Central High School.

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