NOT LISTED FOR SALE

224 E Market St Georgetown, DE 19947

Estimated Value: $342,000 - $545,000

0.11 Acre
$3,749,591 Price per Acre
4,792 Sq Ft Lot

Last Sold October 12, 2017

Last sale price $11,000

Est. 3,650% increase in value since last sale

Current estimated payment $2,230/month

224 Days on Market

About This Lot

As of October 2017

Lot only for sale. Great location convenient to the Circle.

Last Agent to Sell the Property

RACHAEL CAREY

(302) 841-7760 rcarey@kw.com Iron Valley Real Estate at The Beach License #RS-0019947 Listed on: 02/07/2017

Iron Valley Real Estate at The Beach

Last Buyer's Agent

GARETH DEITZEL

(302) 542-4749 gareth@c21hometeam.com Century 21 Home Team Realty

Century 21 Home Team Realty

Property Details

Property Type

  • Land

Lot Details

  • 4,792 Sq Ft Lot
  • Cleared Lot
  • Zoning described as GENERAL RESIDENTIAL

Utilities

  • Public Hookup Available For Water

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 135-15.17-69.00

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 113 & 13
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 2.90

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
  • Water Source: Public, Public Hook-Up Available

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 0.11
  • Lot Size Units: Acres
  • Lot Sq Ft: 4792.00
  • Zoning Description: GENERAL RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5130564
  • Assessor Parcel Number: 135-15.17-69.00
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2025
Sold by
Realitynow Llc
Bought by
Abreu Rafael
Current Estimated Value
$412,455

Purchase Details

Listed on
Feb 7, 2017
Closed on
Oct 12, 2017
Sold by
Pito Llc
Bought by
Realitynow Llc
Seller's Agent
RACHAEL CAREY
Iron Valley Real Estate at The Beach
Buyer's Agent
GARETH DEITZEL
Century 21 Home Team Realty
List Price
$24,500
Sold Price
$11,000
Premium/Discount to List
-$13,500
-55.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.08%

Purchase Details

Listed on
Oct 23, 2012
Closed on
Jan 18, 2013
Sold by
Elder Timothy S
Bought by
Pito Llc
Seller's Agent
Tim Riale
RIALE REALTY
Buyer's Agent
Linda Davis
RIALE REALTY
List Price
$30,690
Sold Price
$30,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-19.07%

Purchase Details

Listed on
Oct 23, 2012
Closed on
Dec 21, 2012
Sold by
Elder Timothy S
Bought by
Pito Llc
Seller's Agent
Tim Riale
RIALE REALTY
Buyer's Agent
Linda Davis
RIALE REALTY
List Price
$30,690
Sold Price
$30,690

Purchase Details

Listed on
Oct 23, 2012
Closed on
Nov 27, 2012
Sold by
Jpmorgan Mortgage Acquistion Trust
Bought by
Elder Timothy S
Seller's Agent
Tim Riale
RIALE REALTY
Buyer's Agent
Linda Davis
RIALE REALTY
List Price
$30,690
Sold Price
$30,690

Purchase Details

Closed on
May 9, 2012
Sold by
Blanca V Blanca V
Bought by
Christopher Jeffrey S

Purchase Details

Closed on
May 1, 2012
Sold by
Blanca V Blanca V
Bought by
Christopher Jeffrey S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Abreu Rafael -- None Listed On Document
Realitynow Llc -- --
Pito Llc -- --
Pito Llc -- --
Elder Timothy S $30,690 --
Christopher Jeffrey S -- --
Christopher Jeffrey S -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/12/2017 10/12/17 Sold $11,000 -55.1% --
09/19/2017 09/19/17 Pending -- -- --
02/07/2017 02/07/17 For Sale $24,500 -20.2% --
12/07/2012 12/07/12 Sold $30,690 0.0% $42 / Sq Ft View Prior Sale
10/31/2012 10/31/12 Pending -- -- --
10/23/2012 10/23/12 For Sale $30,690 -- $42 / 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 $890 $4,850 $1,400 $3,450
2024 $58 $4,850 $1,400 $3,450
2023 $58 $4,850 $1,400 $3,450
2022 $57 $4,850 $1,400 $3,450
2021 $2 $4,850 $1,400 $3,450
2020 $53 $4,850 $1,400 $3,450
2019 $52 $4,850 $1,400 $3,450
2018 $53 $1,400 $0 $0
2017 $185 $4,850 $0 $0
2016 $163 $4,850 $0 $0
2015 $168 $4,850 $0 $0
2014 $165 $4,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • RACHAEL CAREY

    Seller's Agent in 2017

    RACHAEL CAREY

    Iron Valley Real Estate at The Beach

    (302) 841-7760

    1 in this area

    14 Total Sales

    RACHAEL CAREY
    Section Image
  • GARETH DEITZEL

    Buyer's Agent in 2017

    GARETH DEITZEL

    Century 21 Home Team Realty

    (302) 542-4749

    2 Total Sales

    GARETH DEITZEL
    Section Image

  • T

    Seller's Agent in 2012

    Tim Riale

    RIALE REALTY

    (302) 684-1988

    5 in this area

    47 Total Sales

    Tim Riale
    Section Image

  • L

    Buyer's Agent in 2012

    Linda Davis

    RIALE REALTY

See All Agents

Map

Source: Bright MLS

MLS Number: 1001025574

Bright MLS

APN: 135-15.17-69.00

Delaware Sussex County Georgetown 19947

224 E Market St, Georgetown, DE

Not Listed for Sale

Lots

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes