Seller's Agent in 2024
John Rishko
Patterson Schwartz
(302) 381-2504
8 in this area
93 Total Sales
307 E Market St Georgetown, DE 19947
Estimated Value: $307,000 - $341,000
Studio
3
Baths
1,864
Sq Ft
$172/Sq Ft
Est. Value
Highlights
- A-Frame Home
- Central Air
- Back Up Electric Heat Pump System
- Deck
About This Home
As of December 2024GREAT INVESTMENT OPPORTUNITY: Income producing duplex in the heart of Georgetown. 307A (downstairs) has 3BR/1BA and 307B (upstairs) has 2BR/1.5BA. Total rent for both units is currently $1750/month and tenants pay all utilities. Convenient location with extremely low vacancy rate and high capitalization rate. Adjacent duplex also available. Backs up to public park and across the street from Georgetown Little League fields. Multiple offer situation. All offers due by Sunday 11/3 at 12pm.
Last Agent to Sell the Property
(302) 703-6987 jgiles@psre.com Patterson-Schwartz-Rehoboth Brokerage Phone: 3027036987 Listed on: 10/28/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $587
Year Built
- Built in 2012 | Remodeled in 1974
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 63 x 73
Home Design
- 1,864 Sq Ft Home
- Duplex
- A-Frame Home
- Block Foundation
- Stick Built Home
Parking
- 6 Parking Spaces
- 6 Driveway Spaces
- Off-Street Parking
Outdoor Features
- Deck
Utilities
- Central Air
- Back Up Electric Heat Pump System
- Electric Water Heater
Community Details
- 2 Units
Listing and Financial Details
- The owner pays for insurance, repairs, real estate taxes
- Assessor Parcel Number 135-15.17-38.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 28, 2024
Closed on
Dec 18, 2024
Sold by
Mdx2 Holdings Llc
Bought by
Vermillion Sean and Vermillion Helen
Seller's Agent
John Rishko
Patterson-Schwartz-Rehoboth
Buyer's Agent
Nancye Vermillion
Keller Williams Realty
List Price
$299,900
Sold Price
$299,900
Views
13
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,407
Avg. Annual Appreciation
5.84%
Original Mortgage
$224,925
Outstanding Balance
$223,153
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$97,154
Purchase Details
Listed on
Aug 20, 2010
Closed on
Jul 3, 2012
Bought by
Mdx2 Holdings Llc
Seller's Agent
Christopher Lind
INDIAN RIVER LAND CO
Buyer's Agent
Joseph Maggio
Dave McCarthy & Associates, Inc.
List Price
$195,000
Sold Price
$195,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.51%
Purchase Details
Listed on
Aug 20, 2010
Closed on
Jun 29, 2012
Bought by
Mdx2 Holdings Llc
Seller's Agent
Christopher Lind
INDIAN RIVER LAND CO
Buyer's Agent
Joseph Maggio
Dave McCarthy & Associates, Inc.
List Price
$195,000
Sold Price
$195,000
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vermillion Sean | $299,900 | None Listed On Document | |
| Vermillion Sean | $299,900 | None Listed On Document | |
| Mdx2 Holdings Llc | $195,000 | -- | |
| Mdx2 Holdings Llc | $195,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vermillion Sean | $224,925 | |
| Closed | Vermillion Sean | $224,925 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/18/2024 12/18/24 | Sold | $299,900 | 0.0% | $161 / Sq Ft | |
| 11/03/2024 11/03/24 | Pending | -- | -- | -- | |
| 10/28/2024 10/28/24 | For Sale | $299,900 | +53.8% | $161 / Sq Ft | |
| 06/29/2012 06/29/12 | Sold | $195,000 | 0.0% | $105 / Sq Ft | View Prior Sale |
| 06/06/2012 06/06/12 | Pending | -- | -- | -- | |
| 08/20/2010 08/20/10 | For Sale | $195,000 | -- | $105 / Sq Ft |
Source: Bright MLS
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 | $752 | $14,200 | $1,200 | $13,000 |
| 2024 | $587 | $14,200 | $1,200 | $13,000 |
| 2023 | $587 | $14,200 | $1,200 | $13,000 |
| 2022 | $577 | $14,200 | $1,200 | $13,000 |
| 2021 | $560 | $14,200 | $1,200 | $13,000 |
| 2020 | $534 | $14,200 | $1,200 | $13,000 |
| 2019 | $532 | $14,200 | $1,200 | $13,000 |
| 2018 | $537 | $14,200 | $0 | $0 |
| 2017 | $541 | $14,200 | $0 | $0 |
| 2016 | $477 | $14,200 | $0 | $0 |
| 2015 | $492 | $14,200 | $0 | $0 |
| 2014 | $484 | $14,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
John Rishko
-
Nancye Vermillion
Buyer's Agent in 2024
Nancye Vermillion
Keller Williams Realty
(302) 500-9255
2 in this area
52 Total Sales
-
Christopher Lind
C
Seller's Agent in 2012
Christopher Lind
INDIAN RIVER LAND CO
(302) 875-7840
5 in this area
20 Total Sales
-
Joseph Maggio
Buyer's Agent in 2012
Joseph Maggio
Dave McCarthy & Associates, Inc.
(302) 381-2268
1 in this area
94 Total Sales
Map
Source: Bright MLS
MLS Number: DESU2073006
APN: 135-15.17-38.00
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