NOT LISTED FOR SALE

227 S Race St Georgetown, DE 19947

Estimated Value: $279,000 - $334,000

6 Beds
2 Baths
2,232 Sq Ft
$134/Sq Ft Est. Value

Last Sold October 04, 2022

Last sale price $279,000 $125 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,710/month

9 Days on Market

Highlights

  • Second Kitchen
  • Traditional Floor Plan
  • No HOA
  • Colonial Architecture
  • Furnished
  • Family Room Off Kitchen

About This Home

As of October 2022

6 BR, 2 BA, Duplex
2,232 sqft

Six bedrooms 2 Baths - Duplex home
Three private bedrooms, with a kitchen, living room and a bath on each of two floors. Laundry main floor and laundry hookup available on second floor.
Separate electric and utilities each floor. Recently passed all inspections required.

Detached Garage/Shed with room for car or large storage. Lots of parking on private very quiet street.
with access from front of house or private road to rear of house.

Last Agent to Sell the Property

Ralph Harvey

ListWithFreedom.com License #RM424475 Listed on: 08/24/2022

ListWithFreedom.com

Last Buyer's Agent

Ralph Harvey

ListWithFreedom.com License #RM424475 Listed on: 08/24/2022

ListWithFreedom.com

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $400

Year Built

  • Built in 1914

Lot Details

  • 7,200 Sq Ft Lot
  • Property is in average condition

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,232 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Furnished
  • Ceiling Fan
  • Family Room Off Kitchen
  • Combination Kitchen and Dining Room
  • Crawl Space

Kitchen

  • Country Kitchen
  • Second Kitchen
  • Six Burner Stove
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • 1 Detached Carport Space
  • Gravel Driveway
  • On-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • 60 Gallon+ Water Heater

Listing and Financial Details

  • Assessor Parcel Number 135-20.05-21.00

Community Details

Overview

  • No Home Owners Association
  • Georgetown Village Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$400

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • 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: 1914
  • Automatically Close On Close Date: No
  • Remarks Public: 6 BR, 2 BA, Duplex 2,232 sqft Six bedrooms 2 Baths - Duplex home Three private bedrooms, with a kitchen, living room and a bath on each of two floors. Laundry main floor and laundry hookup available on second floor. Separate electric and utilities each floor. Recently passed all inspections required. Detached Garage/Shed with room for car or large storage. Lots of parking on private very quiet street. with access from front of house or private road to rear of house.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Six Burner Stove, Stove, Washer, Water Heater
  • Flooring Type: Carpet, Ceramic Tile, Laminate Plank
  • Interior Amenities: 2nd Kitchen, Combination Kitchen/Dining, Family Room Off Kitchen, Floor Plan - Traditional, Kitchen - Country, Tub Shower
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Common, Main Floor
  • Total Sq Ft: 2232
  • Living Area Sq Ft: 2232
  • Price Per Sq Ft: 125.00
  • Above Grade Finished Sq Ft: 2232
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 227

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 6
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination, Stick Built, Vinyl Siding
  • Roof: Asphalt
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Number Of Detached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Carport, Driveway, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7200.00
  • Property Condition: Average
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5132108
  • Tax Annual Amount: 400.00
  • Assessor Parcel Number: 135-20.05-21.00
  • Tax Year: 2021
  • Close Date: 10/04/2022

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2023
Sold by
Ortiz Oseas
Bought by
Marvil Holdings Llc
Total Days on Market
9
Current Estimated Value
$298,525

Purchase Details

Listed on
Aug 24, 2022
Closed on
Sep 30, 2022
Sold by
Forman David
Bought by
Ortiz Oseas
Seller's Agent
Ralph Harvey
ListWithFreedom.com
Buyer's Agent
Ralph Harvey
ListWithFreedom.com
List Price
$279,000
Sold Price
$279,000
Views
35

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.57%
Original Mortgage
$265,050
Interest Rate
5.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2020
Sold by
Greenberg Richard and Greenberg Diane
Bought by
Forman David
Source: Public Records

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Range of Values:

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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
Marvil Holdings Llc -- None Listed On Document
Ortiz Oseas $279,000 --
Forman David $185,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ortiz Oseas $265,050
Previous Owner Forman David $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2022 10/04/22 Sold $279,000 0.0% $125 / Sq Ft
09/02/2022 09/02/22 Pending -- -- --
08/24/2022 08/24/22 For Sale $279,000 -- $125 / 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 $420 $10,150 $1,500 $8,650
2023 $419 $10,150 $1,500 $8,650
2022 $412 $10,150 $1,500 $8,650
2021 $400 $10,150 $1,500 $8,650
2020 $382 $10,150 $1,500 $8,650
2019 $380 $10,150 $1,500 $8,650
2018 $384 $10,150 $0 $0
2017 $387 $10,150 $0 $0
2016 $341 $10,150 $0 $0
2015 $351 $10,150 $0 $0
2014 $346 $10,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2027930

Bright MLS

APN: 135-20.05-21.00