NOT LISTED FOR SALE

22334 Lewes Georgetown Hwy Georgetown, DE 19947

Estimated Value: $206,536 - $292,000

3 Beds
1 Bath
1,050 Sq Ft
$253/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $232,000 $221 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,502/month

5 Days on Market

Highlights

  • View of Trees or Woods
  • Main Floor Bedroom
  • No HOA
  • Rambler Architecture
  • Great Room
  • Crown Molding

About This Home

As of February 2023

Incredible rental potential with this charming ranch home on the outskirts of the beach in downtown historical Georgetown. This home is located right in front of Sports at the beach and a short drive to Lewes and Rehoboth. Situated on 1/2 of an acre of land you'll have a huge back yard and a detached garage for all of the hobbies and outdoor fun. Inside you'll love the newly refreshed kitchen boasting freshly painted cabinetry and new countertops. A new septic was installed in 2018 along with a tankless hot water heater. Touches of old time character shine through in the original pine paneling , the hardwood floors and the trim work throughout including the arched doorway and pass through in the kitchen. Home is move in ready and in a great location for anyone looking for a smart investment or starter home.

Last Listed By

Brian Barrows

Monument Sotheby's International Realty License #RA-0020621 Listed on: 01/25/2023

Monument Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $339

Year Built

  • Built in 1962

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 100.00 x 217.00
  • Cleared Lot
  • Property is zoned AR-1

Home Design

  • Rambler Architecture
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 1,050 Sq Ft Home
  • Property has 1 Level
  • Crown Molding
  • Ceiling Fan
  • Great Room
  • Dining Area
  • Views of Woods
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 6 Parking Spaces
  • 6 Driveway Spaces

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Well
  • Tankless Water Heater
  • Mound Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 135-15.00-94.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$339

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1962
  • Automatically Close On Close Date: No
  • Remarks Public: Incredible rental potential with this charming ranch home on the outskirts of the beach in downtown historical Georgetown. This home is located right in front of Sports at the beach and a short drive to Lewes and Rehoboth. Situated on 1/2 of an acre of land you'll have a huge back yard and a detached garage for all of the hobbies and outdoor fun. Inside you'll love the newly refreshed kitchen boasting freshly painted cabinetry and new countertops. A new septic was installed in 2018 along with a tankless hot water heater. Touches of old time character shine through in the original pine paneling , the hardwood floors and the trim work throughout including the arched doorway and pass through in the kitchen. Home is move in ready and in a great location for anyone looking for a smart investment or starter home.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven/Range - Electric, Oven - Self Cleaning, Dishwasher, Refrigerator, Water Heater - Tankless, Microwave
  • Interior Amenities: Entry Level Bedroom, Ceiling Fan(s), Crown Moldings, Dining Area
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Room List: Bedroom 2, Bedroom 3, Bedroom 1, Great Room, Laundry, Full Bath
  • Basement: No
  • Total Sq Ft: 1050
  • Living Area Sq Ft: 1050
  • Price Per Sq Ft: 204.76
  • Above Grade Finished Sq Ft: 1050
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 22334

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Stick Built
  • Exterior Features: Exterior Lighting
  • Roof: Architectural Shingle
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Mound System
  • Water Source: Well

Condo/Co-op/Association

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

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 Features: Cleared
  • Lot Size Acres: 0.49
  • Lot Dimensions: 100.00 x 217.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21344.00
  • Year Assessed: 2022
  • Zoning: AR-1
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5130188
  • School Tax: 302.00
  • Tax Annual Amount: 339.00
  • Assessor Parcel Number: 135-15.00-94.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 02/28/2023

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2023
Closed on
Feb 15, 2023
Sold by
Manerchia Shannon M
Bought by
Hilton Michael L and Hilton Teresa M
Seller's Agent
Brian Barrows
Monument Sotheby's International Realty
Buyer's Agent
Maria Bennett
Iron Valley Real Estate at The Beach
List Price
$215,000
Sold Price
$232,000
Premium/Discount to List
$17,000
7.91%
Total Days on Market
5
Views
99
Current Estimated Value
$265,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,384
Avg. Annual Appreciation
6.33%
Original Mortgage
$185,600
Outstanding Balance
$180,621
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$84,763

Purchase Details

Listed on
Mar 1, 2018
Closed on
Jun 15, 2018
Sold by
Lbg Homes Llc
Bought by
Manerchia Shannon M
Seller's Agent
Lisa Horsey
Keller Williams Realty
Buyer's Agent
Lisa Horsey
Keller Williams Realty
List Price
$149,500
Sold Price
$149,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.78%
Original Mortgage
$146,791
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 29, 2016
Closed on
Jan 8, 2018
Sold by
Masche Roxanne E and Bennett Sandra L
Bought by
Lbg Homes Llc
Seller's Agent
R. T. Givens
LESTER REALTY INC.
Buyer's Agent
Lisa Horsey
Keller Williams Realty
List Price
$119,000
Sold Price
$75,000
Premium/Discount to List
-$44,000
-36.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
397.39%
Original Mortgage
$95,200
Interest Rate
3.92%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 9, 1984
Bought by
Lancaster Shirley P

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Hilton Michael L $232,000 --
Manerchia Shannon M -- --
Manerchia Shannon M $149,500 --
Lbg Homes Llc $75,000 --
Lancaster Shirley P $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hilton Michael L $185,600
Previous Owner Manerchia Shannon M $146,791
Previous Owner Lbg Homes Llc $95,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $232,000 +7.9% $221 / Sq Ft
01/30/2023 01/30/23 Pending -- -- --
01/25/2023 01/25/23 For Sale $215,000 +43.8% $205 / Sq Ft
06/15/2018 06/15/18 Sold $149,500 0.0% $150 / Sq Ft
05/03/2018 05/03/18 Pending -- -- --
04/24/2018 04/24/18 For Sale $149,500 0.0% $150 / Sq Ft
03/30/2018 03/30/18 Pending -- -- --
03/01/2018 03/01/18 For Sale $149,500 +99.3% $150 / Sq Ft
01/08/2018 01/08/18 Sold $75,000 -15.7% $75 / Sq Ft
09/27/2017 09/27/17 Pending -- -- --
09/12/2017 09/12/17 Price Changed $89,000 -25.2% $89 / Sq Ft
08/29/2016 08/29/16 For Sale $119,000 -- $119 / 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
2024 $369 $8,350 $1,500 $6,850
2023 $369 $8,350 $1,500 $6,850
2022 $351 $8,350 $1,500 $6,850
2021 $341 $8,350 $1,500 $6,850
2020 $326 $8,350 $1,500 $6,850
2019 $325 $8,350 $1,500 $6,850
2018 $328 $8,350 $0 $0
2017 $318 $8,350 $0 $0
2016 $281 $8,350 $0 $0
2015 $183 $8,350 $0 $0
2014 $178 $8,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: DESU2034910

Bright MLS

APN: 135-15.00-94.00