NOT LISTED FOR SALE

23719 French Rd Georgetown, DE 19947

Estimated Value: $308,781 - $350,000

-- Bed
-- Bath
1,650 Sq Ft
$201/Sq Ft Est. Value

Last Sold May 05, 2023

Last sale price $278,000 $168 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,776/month

106 Days on Market

Highlights

  • Rambler Architecture
  • Level Entry For Accessibility
  • Forced Air Heating and Cooling System

About This Home

As of May 2023

Property has been producing income since 2006. Great investment opportunity! Each unit has living room, kitchen, 2 bedrooms and 2 full baths.

Last Agent to Sell the Property

Cheryle Choudhary

(302) 569-1293 cheryle@theparkergroup.com The Parker Group Listed on: 10/25/2022

Last Buyer's Agent

Cheryle Choudhary

(302) 569-1293 cheryle@theparkergroup.com The Parker Group Listed on: 10/25/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $638

Year Built

  • Built in 2004

Lot Details

  • 0.74 Acre Lot
  • Lot Dimensions are 119.00 x 281.00

Home Design

  • Duplex
  • Rambler Architecture
  • Stick Built Home

Interior Spaces

  • 1,650 Sq Ft Home
  • Crawl Space

Parking

  • Driveway
  • Off-Street Parking

Accessible Home Design

  • Level Entry For Accessibility

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Low Pressure Pipe

Community Details

  • $200 Recreation Fee
  • 2 Units

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 135-16.00-76.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$638

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Crawl Space
  • Basement: No
  • Total Sq Ft: 1650
  • Living Area Sq Ft: 1650
  • Price Per Sq Ft: 178.79
  • Above Grade Finished Sq Ft: 1650
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Low Pressure Pipe (LPP)
  • Water Source: Well

Condo/Co-op/Association

  • Association Recreation Fee: 200.00
  • Association Recreation Fee: Yes

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.74
  • Lot Dimensions: 119.00 x 281.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 32234.00
  • Zoning: C-1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5130777
  • School Tax: 568.00
  • Tax Annual Amount: 638.00
  • Assessor Parcel Number: 135-16.00-76.00
  • Tax Lot: 2
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2022
Closed on
May 5, 2023
Sold by
Mall Qamer J
Bought by
Vela Debra Ann
Seller's Agent
Cheryle Choudhary
The Parker Group
Buyer's Agent
Cheryle Choudhary
The Parker Group
List Price
$295,000
Sold Price
$278,000
Premium/Discount to List
-$17,000
-5.76%
Views
374
Current Estimated Value
$331,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,195
Avg. Annual Appreciation
7.32%
Original Mortgage
$166,800
Outstanding Balance
$162,103
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$169,093
Source: Public Records

Range of Values:

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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
Vela Debra Ann $278,000 None Listed On Document
Vela Debra Ann $278,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vela Debra Ann $166,800
Closed Vela Debra Ann $166,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2023 05/05/23 Sold $278,000 -5.8% $168 / Sq Ft
02/08/2023 02/08/23 Pending -- -- --
11/16/2022 11/16/22 For Sale $295,000 0.0% $179 / Sq Ft
11/07/2022 11/07/22 Pending -- -- --
10/25/2022 10/25/22 For Sale $295,000 -- $179 / 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 $508 $15,700 $1,250 $14,450
2024 $649 $15,700 $1,250 $14,450
2023 $648 $15,700 $1,250 $14,450
2022 $638 $15,700 $1,250 $14,450
2021 $619 $15,700 $1,250 $14,450
2020 $591 $15,700 $1,250 $14,450
2019 $588 $15,700 $1,250 $14,450
2018 $594 $15,700 $0 $0
2017 $599 $15,700 $0 $0
2016 $527 $15,700 $0 $0
2015 $544 $15,700 $0 $0
2014 $535 $15,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cheryle Choudhary

    Seller's Agent in 2023

    Cheryle Choudhary

    The Parker Group

    (302) 569-1293

    10 in this area

    26 Total Sales

    Cheryle Choudhary
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Map

Source: Bright MLS

MLS Number: DESU2031206

Bright MLS

APN: 135-16.00-76.00

Delaware Sussex County Georgetown 19947

23719 French Rd, Georgetown, DE

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