NOT LISTED FOR SALE

403 Franklin St Unit 2B Georgetown, DE 19947

Estimated Value: $201,365 - $246,000

2 Beds
1.5 Baths
1,150 Sq Ft
$150/mo HOA Fee

Last Sold October 24, 2017

Last sale price $106,000 $92 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $1,474/month

54 Days on Market

Highlights

  • Contemporary Architecture
  • Attic
  • Sun or Florida Room
  • Cathedral Ceiling
  • 1 Fireplace
  • 1 Car Attached Garage

About This Home

As of October 2017

Freshly painted, new carpet throughout and ready to move in. The cathedral ceiling in the living room give a very open and airy feeling to this home. The wood burning fireplace will keep you warm in the winter and the sunroom/three season room extends the summer! This 2 bedroom Condo/Townhouse is close to shopping and medical. Make your appointment today! This property is eligible under the Freddie Mac First Look Initiative through 08/14/17, during this time only offers from owner occupants, public entities or designated partners considered. Offers from investors and 2nd time buyers may be submitted after 08/14/17, the 20th listing day. Sold a-is but in good condition.

Last Agent to Sell the Property

Lisa Mathena

The Lisa Mathena Group, Inc. Listed on: 07/26/2017

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,325

Year Built

  • Built in 1986

Lot Details

  • Property is in good condition

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 3 Open Parking Spaces
  • Parking Lot

Home Design

  • Contemporary Architecture
  • Brick Foundation
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,150 Sq Ft Home
  • Property has 2 Levels
  • Cathedral Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Dishwasher
  • Laundry on main level
  • Attic

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 1.5 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Community Details

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, snow removal, trash, insurance, all ground fee

Listing and Financial Details

  • Assessor Parcel Number 135-19.07-10.00-2B

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,325

Year Built

Built in 1986

Lot Details

0

HOA Fees

$150 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1986
  • Remarks Public: Freshly painted, new carpet throughout and ready to move in. The cathedral ceiling in the living room give a very open and airy feeling to this home. The wood burning fireplace will keep you warm in the winter and the sunroom/three season room extends the summer! This 2 bedroom Condo/Townhouse is close to shopping and medical. Make your appointment today! This property is eligible under the Freddie Mac First Look Initiative through 08/14/17, during this time only offers from owner occupants, public entities or designated partners considered. Offers from investors and 2nd time buyers may be submitted after 08/14/17, the 20th listing day. Sold a-is but in good condition.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher
  • Flooring Type: Fully Carpeted, Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings
  • Entry Location: Center Hall
  • Foundation Details: Brick/Mortar
  • Floors In Unit Count: 1
  • Levels Count: 2
  • Room Count: 5
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Bedroom 1, Sun/Florida Room, Attic
  • Basement: No
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1150
  • Living Area Sq Ft: 1150
  • Net Sq Ft: 1150.00
  • Price Per Sq Ft: 95.57
  • Above Grade Finished Sq Ft: 1150
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 403

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Access To Pool: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Parking Lot, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Type: Heat Pump - Electric Backup, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 150.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Snow Removal, Trash, Insurance, All Ground Fee
  • HOA: No
  • Senior Community: No

Lot Info

  • Lot Dimensions: IRREGULAR
  • Lot Size Units: Square Feet
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: TN

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1325.00
  • Assessor Parcel Number: 135-19.07-10.00-2B
  • Tax Year: 2016
  • Close Date: 10/24/2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2017
Closed on
Sep 22, 2017
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Smith Kevin J and Sherman Laura M
Seller's Agent
Lisa Mathena
The Lisa Mathena Group, Inc.
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$114,900
Sold Price
$106,000
Premium/Discount to List
-$8,900
-7.75%
Total Days on Market
54
Current Estimated Value
$224,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,091
Avg. Annual Appreciation
10.31%
Original Mortgage
$84,800
Outstanding Balance
$71,695
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$152,396

Purchase Details

Closed on
Jul 27, 2017
Sold by
Sheriff Of Sussex County
Bought by
Federal Home Loan Mortgage Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,800
Outstanding Balance
$71,695
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$152,396
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
Smith Kevin J $106,000 None Available
Federal Home Loan Mortgage Corp $75,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Kevin J $84,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2017 10/24/17 Sold $106,000 -3.5% $92 / Sq Ft
09/18/2017 09/18/17 Pending -- -- --
08/28/2017 08/28/17 Price Changed $109,900 -4.4% $96 / Sq Ft
07/26/2017 07/26/17 For Sale $114,900 -- $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 $855 $19,400 $0 $19,400
2023 $854 $19,400 $0 $19,400
2022 $841 $19,400 $0 $19,400
2021 $816 $19,400 $0 $19,400
2020 $780 $19,400 $0 $19,400
2019 $777 $19,400 $0 $19,400
2018 $784 $20,100 $0 $0
2017 $778 $20,100 $0 $0
2016 $687 $20,100 $0 $0
2015 $708 $20,100 $0 $0
2014 $698 $20,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000330749

Bright MLS

APN: 135-19.07-10.00-2B