$49,400
SOLD JAN 10, 2025

304 S Railroad Ave Georgetown, DE 19947

0.16 Acre
$308,750 Price per Acre
6,970 Sq Ft Lot

Recently Sold

8% Above List Price

3 Days on Market

About This Lot

As of January 2025

Rare opportunity for developers and investors! We're excited to present a premium land parcel zoned UR1 (Urban Residential 1), perfectly positioned for high-potential residential development.

Last Agent to Sell the Property

Lasonya Snead

Coldwell Banker Premier - Rehoboth License #RS-0020360 Listed on: 12/17/2024

Coldwell Banker Premier - Rehoboth

Last Buyer's Agent

Tyler Nicholls

Iron Valley Real Estate Premier License #rs-0023081

Iron Valley Real Estate Premier

Property Details

Property Type

  • Land

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 60.00 x 120.00
  • Property is zoned TN

Schools

  • Georgetown Middle School

Utilities

  • Public Hookup Available For Sewer
  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 135-15.17-172.00

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Historic: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Rare opportunity for developers and investors! We're excited to present a premium land parcel zoned UR1 (Urban Residential 1), perfectly positioned for high-potential residential development.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 6.54
  • Street Number Modifier: 304

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 Hook/Up Avail
  • Water Source: Public Hook-Up Available
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • School District: INDIAN RIVER
  • Middle School: GEORGETOWN
  • Middle School Source: Listing Agent
  • School District Key: 300200396898
  • School District Source: Listing Agent
  • Middle Or Junior School: GEORGETOWN

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: 999
  • Lot Size Acres: 0.16
  • Lot Dimensions: 60.00 x 120.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6970.00
  • Year Assessed: 2024
  • Zoning: TN
  • Farmland Preservation: No
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Lease In Effect: No
  • Vacation Rental: No

Tax Info

  • School Tax: 55.00
  • Tax Annual Amount: 61.00
  • Assessor Parcel Number: 135-15.17-172.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 01/10/2025

MLS Schools

  • School District Name: INDIAN RIVER

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

Property History

Date Event Price Change Sq Ft Price
01/10/2025 01/10/25 Sold $49,400 +8.3% --
12/20/2024 12/20/24 Pending -- -- --
12/17/2024 12/17/24 For Sale $45,600 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Lasonya Snead

    Seller's Agent in 2025

    Lasonya Snead

    Coldwell Banker Premier - Rehoboth

    (302) 362-6867

    2 in this area

    20 Total Sales

    Lasonya Snead
    Section Image
  • Tyler Nicholls

    Buyer's Agent in 2025

    Tyler Nicholls

    Iron Valley Real Estate Premier

    (302) 423-1848

    5 in this area

    164 Total Sales

    Tyler Nicholls
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU2075730

Bright MLS
Delaware Sussex County Georgetown 19947

304 S Railroad Ave, Georgetown, DE

This home is located at 304 S Railroad Ave, Georgetown, DE 19947 and is currently priced at $49,400. 304 S Railroad Ave is a home located in Sussex County with nearby schools including Georgetown Elementary School, Georgetown Middle School, and Sussex Central High School.

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