Seller's Agent in 2024
John Rishko
Patterson Schwartz
(302) 381-2504
8 in this area
94 Total Sales
313 E Market St Georgetown, DE 19947
Estimated Value: $324,000 - $360,851
Studio
1
Bath
1,800
Sq Ft
$193/Sq Ft
Est. Value
Highlights
- A-Frame Home
- Central Air
- Back Up Electric Heat Pump System
- Porch
About This Home
As of December 2024GREAT INVESTMENT OPPORTUNITY: Income producing duplex in the heart of Georgetown next to public park and baseball fields. 313A (downstairs) has 2BR/1BA and 313B (upstairs) has 3BR/1BA. Total rent for both units is currently $1950/month and tenants pay all utilities. Downstairs unit recently renovated with upgrades to kitchen, floors, paint, bathroom. Convenient location with extremely low vacancy rate and high capitalization rate. Large lot backs up to Cooper Alley for easy access in or out and plenty of parking. Town code allows multitude of uses for this property with potential for subdivision of lot. Could be an office space or business to just name a few. Adjacent duplex also available. Multiple offer situation. All offers due by Sunday 11/3 at 12pm.
Last Agent to Sell the Property
(302) 381-2504 john.rishko@gmail.com Patterson-Schwartz-Rehoboth Listed on: 10/28/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $611
Year Built
- Built in 2012
Lot Details
- 0.41 Acre Lot
- Lot Dimensions are 69 x 257
Home Design
- Duplex
- A-Frame Home
- Block Foundation
- Stick Built Home
Interior Spaces
- 1,800 Sq Ft Home
- Crawl Space
Parking
- 20 Parking Spaces
- 20 Driveway Spaces
Outdoor Features
- Porch
Utilities
- Central Air
- Back Up Electric Heat Pump System
- Electric Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 135-15.17-36.00
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
$319,000
Sold Price
$319,000
Views
11
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
$28,463
Avg. Annual Appreciation
8.32%
Original Mortgage
$239,250
Outstanding Balance
$237,365
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$110,098
Purchase Details
Closed on
Jan 23, 2013
Sold by
Dunmyer Michael and Dunmyer Mary
Bought by
Mdx2 Holding Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.46%
Purchase Details
Listed on
Sep 17, 2012
Closed on
Jan 17, 2013
Sold by
Dunmyer Michael and Dunmyer Mary
Bought by
Mdx2 Holding Llc
Seller's Agent
LISA HERSHELMAN
INDIAN RIVER LAND CO
Buyer's Agent
Joseph Maggio
Dave McCarthy & Associates, Inc.
List Price
$190,000
Sold Price
$190,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.69%
Original Mortgage
$100,000
Interest Rate
3.46%
Purchase Details
Listed on
Sep 17, 2012
Closed on
Nov 26, 2012
Sold by
Swift Norman O
Bought by
Dunmyer Michael and Dunmyer Mary
Seller's Agent
LISA HERSHELMAN
INDIAN RIVER LAND CO
Buyer's Agent
Joseph Maggio
Dave McCarthy & Associates, Inc.
List Price
$190,000
Sold Price
$190,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.46%
Purchase Details
Listed on
Sep 17, 2012
Closed on
Nov 20, 2012
Sold by
Swift Norman O
Bought by
Dunmyer Michael and Dunmyer Mary
Seller's Agent
LISA HERSHELMAN
INDIAN RIVER LAND CO
Buyer's Agent
Joseph Maggio
Dave McCarthy & Associates, Inc.
List Price
$190,000
Sold Price
$190,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.46%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vermillion Sean | $319,000 | None Listed On Document | |
| Vermillion Sean | $319,000 | None Listed On Document | |
| Mdx2 Holding Llc | -- | -- | |
| Mdx2 Holding Llc | -- | -- | |
| Dunmyer Michael | $190,000 | -- | |
| Dunmyer Michael | $190,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vermillion Sean | $239,250 | |
| Closed | Vermillion Sean | $239,250 | |
| Previous Owner | Dunmyer Michael | $100,000 | |
| Previous Owner | Dunmyer Michael | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/18/2024 12/18/24 | Sold | $319,000 | 0.0% | $177 / Sq Ft | |
| 11/03/2024 11/03/24 | Pending | -- | -- | -- | |
| 10/28/2024 10/28/24 | For Sale | $319,000 | +67.9% | $177 / Sq Ft | |
| 11/20/2012 11/20/12 | Sold | $190,000 | 0.0% | -- | View Prior Sale |
| 10/08/2012 10/08/12 | Pending | -- | -- | -- | |
| 09/17/2012 09/17/12 | For Sale | $190,000 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $759 | $14,800 | $2,450 | $12,350 |
| 2024 | $612 | $14,800 | $2,450 | $12,350 |
| 2023 | $611 | $14,800 | $2,450 | $12,350 |
| 2022 | $601 | $14,800 | $2,450 | $12,350 |
| 2021 | $583 | $14,800 | $2,450 | $12,350 |
| 2020 | $557 | $14,800 | $2,450 | $12,350 |
| 2019 | $554 | $14,800 | $2,450 | $12,350 |
| 2018 | $560 | $14,800 | $0 | $0 |
| 2017 | $564 | $14,800 | $0 | $0 |
| 2016 | $497 | $14,800 | $0 | $0 |
| 2015 | $513 | $14,800 | $0 | $0 |
| 2014 | $505 | $14,800 | $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
51 Total Sales
-
LISA HERSHELMAN
Seller's Agent in 2012
LISA HERSHELMAN
INDIAN RIVER LAND CO
(302) 245-5731
31 in this area
62 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: DESU2073002
APN: 135-15.17-36.00
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