NOT LISTED FOR SALE

228 S Front St Georgetown, DE 19947

Estimated Value: $393,000 - $533,000

5 Beds
4.5 Baths
5,000 Sq Ft
$95/Sq Ft Est. Value

Last Sold October 11, 2021

Last sale price $450,000 $90 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,643/month

388 Days on Market

Highlights

  • Second Garage
  • Curved or Spiral Staircase
  • Manor Architecture
  • 1.59 Acre Lot
  • Maid or Guest Quarters
  • Traditional Floor Plan

About This Home

As of October 2021

Investor Alert! Once stately manor house built in 1841, The Gardiner Wright Mansion, is looking for a special buyer who loves restoring historical properties. This is the last existing home in Delaware built in the Regency style with Second Empire Italianate elements. Home sits on one and a half mature acres near the heart of the County Seat and could make an amazing Bed and Breakfast, prestigious law offices or a stately residence. Bring your imagination. Home has eight fireplaces, a dramatic first floor layout with large parlor, formal dining room, sunroom, butlers pantry, family kitchen and access to staff living quarters above the garage. Upstairs are four well-sized bedrooms and three full bathrooms. PROPERTY is being Sold “AS IS” and is livable in its current condition. Tennant occupied, on a month to month basis. Exceptional price reflects its value as an historical home with additional potential when renovated. Call Co Listing agent to discuss or to arrange a showing.

Last Agent to Sell the Property

Dustin Oldfather

Compass License #RS-0017091 Listed on: 12/02/2019

Compass

Co-Listed By

Linda Rosatelli

Compass License #3257685

Last Buyer's Agent

Dustin Oldfather

Compass License #RS-0017091 Listed on: 12/02/2019

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,537

Year Built

  • Built in 1841 | Remodeled in 1946

Lot Details

  • 1.59 Acre Lot
  • Partially Wooded Lot
  • Historic Home
  • Property is zoned TN

Parking

  • 4 Garage Spaces | 2 Attached and 2 Detached
  • 2 Open Parking Spaces
  • Second Garage
  • Parking Storage or Cabinetry
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Manor Architecture
  • Poured Concrete
  • Architectural Shingle Roof
  • Concrete Perimeter Foundation
  • Stick Built Home
  • Stucco

Interior Spaces

  • 5,000 Sq Ft Home
  • Property has 2.5 Levels
  • Traditional Floor Plan
  • Curved or Spiral Staircase
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Paneling
  • Beamed Ceilings
  • Wood Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 8 Fireplaces
  • Non-Functioning Fireplace
  • Fireplace Mantel
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Library
  • Sun or Florida Room
  • Attic

Kitchen

  • Country Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Cooktop
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • ENERGY STAR Qualified Refrigerator
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Walk-In Closet
  • Maid or Guest Quarters
  • Soaking Tub
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Sump Pump
  • Crawl Space

Home Security

  • Home Security System
  • Fire and Smoke Detector
  • Flood Lights

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Multiple Balconies
  • Patio
  • Gazebo
  • Shed
  • Outbuilding
  • Porch

Utilities

  • Central Air
  • Window Unit Cooling System
  • Heating System Uses Oil
  • Vented Exhaust Fan
  • Hot Water Baseboard Heater
  • 200+ Amp Service
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 135-20.05-46.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,537

Year Built

Built in 1841 | Remodeled in 1946

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Manor
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic Designation ID: 79000650
  • Historic: Yes
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 1841
  • Year Renovated: 1946
  • Automatically Close On Close Date: No
  • Remarks Public: Investor Alert! Once stately manor house built in 1841, The Gardiner Wright Mansion, is looking for a special buyer who loves restoring historical properties. This is the last existing home in Delaware built in the Regency style with Second Empire Italianate elements. Home sits on one and a half mature acres near the heart of the County Seat and could make an amazing Bed and Breakfast, prestigious law offices or a stately residence. Bring your imagination. Home has eight fireplaces, a dramatic first floor layout with large parlor, formal dining room, sunroom, butlers pantry, family kitchen and access to staff living quarters above the garage. Upstairs are four well-sized bedrooms and three full bathrooms. PROPERTY is being Sold “AS IS” and is livable in its current condition. Tennant occupied, on a month to month basis. Exceptional price reflects its value as an historical home with additional potential when renovated. Call Co Listing agent to discuss or to arrange a showing.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Energy Star Refrigerator, Exhaust Fan, Extra Refrigerator/Freezer, Icemaker, Oven/Range - Electric, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Breakfast Area, Carpet, Crown Moldings, Dining Area, Floor Plan - Traditional, Formal/Separate Dining Room, Wood Floors, Attic, Built-Ins, Cedar Closet(s), Ceiling Fan(s), Exposed Beams, Pantry, Kitchen - Country, Soaking Tub, Tub Shower, Window Treatments, Chair Railings, Curved Staircase, Walk-In Closet(s)
  • Fireplace Features: Non-Functioning, Mantel(s)
  • Fireplaces Count: 8
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall, Masonry, Paneled Walls, Wood Ceilings
  • Foundation Details: Concrete Perimeter, Crawl Space
  • Levels Count: 2.5
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Library, Foyer, Sun/Florida Room, Great Room, Laundry, Maid/Guest Quarters, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Outside Entrance, Poured Concrete, Sump Pump
  • Laundry Type: Main Floor
  • Total Sq Ft: 5000
  • Living Area Sq Ft: 5000
  • Price Per Sq Ft: 91.20
  • Above Grade Finished Sq Ft: 5000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 228

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 4
  • Upper Level Bathrooms: 3.00
  • Upper Level 2 Bathrooms: 1.00
  • Upper Level Full Bathrooms: 3
  • Upper Level 2 Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Gazebo, 2nd Garage, Shed
  • Construction Materials: Stick Built, Stucco
  • Exterior Features: Outbuilding(s), Flood Lights, Secure Storage, Street Lights
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Parking Features: Paved Driveway, Paved Parking, Circular Driveway
  • Garage Features: Garage - Side Entry, Garage Door Opener, Additional Storage Area
  • Attached Garage Spaces: 2
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Detached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Window Unit(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Oil, Electric
  • Heating Type: Hot Water & Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System, Smoke Detector
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RS
  • Lot Features: Partly Wooded
  • Lot Size Acres: 1.59
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 69260.00
  • Outdoor Living Structures: Balconies- Multiple, Patio(s), Porch(es)
  • Year Assessed: 2019
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5132134
  • School Tax: 1211.00
  • Tax Annual Amount: 2537.00
  • Assessor Parcel Number: 135-20.05-46.00
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 10/11/2021

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2019
Closed on
Oct 12, 2021
Sold by
Stanley Camille Y
Bought by
Shalkenkov Vadim F and Fefelova Nadenzhda N
Seller's Agent
Dustin Oldfather
Compass
Buyer's Agent
Dustin Oldfather
Compass
List Price
$499,500
Sold Price
$450,000
Premium/Discount to List
-$49,500
-9.91%
Total Days on Market
388
Current Estimated Value
$474,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,361
Avg. Annual Appreciation
1.89%
Original Mortgage
$150,000
Outstanding Balance
$119,099
Interest Rate
2.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$362,584
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
Shalkenkov Vadim F $450,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shalkenkov Vadim F $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2021 10/11/21 Sold $450,000 -1.3% $90 / Sq Ft
12/24/2020 12/24/20 Pending -- -- --
07/27/2020 07/27/20 Price Changed $456,000 -0.2% $91 / Sq Ft
07/20/2020 07/20/20 Price Changed $457,000 -0.2% $91 / Sq Ft
07/13/2020 07/13/20 Price Changed $458,000 -0.2% $92 / Sq Ft
06/21/2020 06/21/20 Price Changed $459,000 -4.2% $92 / Sq Ft
06/11/2020 06/11/20 Price Changed $479,000 -2.0% $96 / Sq Ft
05/21/2020 05/21/20 Price Changed $489,000 -2.1% $98 / Sq Ft
12/02/2019 12/02/19 For Sale $499,500 -- $100 / 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 $1,517 $36,700 $7,950 $28,750
2023 $1,516 $36,700 $7,950 $28,750
2022 $1,491 $36,700 $7,950 $28,750
2021 $1,447 $36,700 $7,950 $28,750
2020 $1,380 $36,700 $7,950 $28,750
2019 $1,374 $36,700 $7,950 $28,750
2018 $1,388 $36,700 $0 $0
2017 $1,399 $36,700 $0 $0
2016 $1,233 $36,700 $0 $0
2015 $1,271 $36,700 $0 $0
2014 $1,252 $36,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU152270

Bright MLS

APN: 135-20.05-46.00