NOT LISTED FOR SALE

405 Franklin St Unit 2C Georgetown, DE 19947

Estimated Value: $217,000 - $258,019

2 Beds
1.5 Baths
1,100 Sq Ft
$213/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $179,900 $164 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,413/month

13 Days on Market

Highlights

  • Contemporary Architecture
  • Stainless Steel Appliances
  • Galley Kitchen
  • Upgraded Countertops
  • Corner Fireplace
  • 1 Car Attached Garage

About This Home

As of January 2021

This lovely condo in town of Georgetown is a rare find. Top of the line 36" cabinets, and granite, Moen faucet, deep stainless sink, custom tile with open shelving.. . High end appliances, stainless steel dishwasher inside and out, LVT flooring on 1st floor, new carpet upstairs. High end light fixtures, very large owner bedroom with access to the new bathroom with double marble vanity. Crawl space is encapsulated, installed in ground drain lines to a sump pump, all new insulation. a great sun room with the vinyl windows. vaulted ceilings in living room with a gas insert fireplace and custom tile around. 1 car garage with a ramp takes you into the kitchen. 2 bedrooms and bath 2 floor, powder room on first floor. move in ready..

Last Agent to Sell the Property

Brenda Rambo

(302) 236-2660 brendarambo@remax.net RE/MAX Advantage Realty License #RS-0017172 Listed on: 12/22/2020

RE/MAX Advantage Realty

Last Buyer's Agent

Brenda Rambo

(302) 236-2660 brendarambo@remax.net RE/MAX Advantage Realty License #RS-0017172 Listed on: 12/22/2020

RE/MAX Advantage Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,367

Year Renovated

  • 2020

Lot Details

  • 3,485

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Rear-Facing Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 1,100 Sq Ft Home
  • Property has 2 Levels
  • Wainscoting
  • Ceiling Fan
  • Recessed Lighting
  • Corner Fireplace
  • Fireplace With Glass Doors
  • Gas Fireplace
  • Dining Area
  • Carpet
  • Crawl Space

Kitchen

  • Galley Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Dual Flush Toilets
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Accessible Home Design

  • Level Entry For Accessibility
  • Ramp on the main level

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Exterior Lighting
  • East Facing Home

Community Details

  • Association fees include lawn maintenance, snow removal, management
  • Century 21 Home Team Realty HOA, Phone Number (302) 745-7653
  • Teal Court Subdivision
  • Property Manager

Listing and Financial Details

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,367

Year Renovated

2020

Lot Details

0

HOA Fees

$150 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Level Entry - Main, Ramp - Main Level
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Renovated: 2020
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Dual Flush Toilets, Energy Star Dishwasher, Energy Star Refrigerator, Oven/Range - Electric, Stainless Steel Appliances, Washer
  • Interior Amenities: Carpet, Ceiling Fan(s), Dining Area, Kitchen - Galley, Recessed Lighting, Tub Shower, Upgraded Countertops, Wainscotting
  • Fireplace Features: Corner, Fireplace - Glass Doors, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1100
  • Living Area Sq Ft: 1100
  • Price Per Sq Ft: 163.55
  • Above Grade Finished Sq Ft: 1100
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Exterior Lighting, Sidewalks
  • 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
  • Garage Features: Garage - Rear Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway, Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 150.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Snow Removal, Management
  • HOA Name: CENTURY 21 HOME TEAM REALTY
  • HOA Phone: 302-745-7653
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5131230
  • School Tax: 643.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1366.73
  • Assessor Parcel Number: 135-19.07-10.00-2C
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2020
Closed on
Jan 27, 2021
Sold by
Backes David C and Backes Nina L
Bought by
Novacic Stefan
Seller's Agent
Brenda Rambo
RE/MAX Advantage Realty
Buyer's Agent
Brenda Rambo
RE/MAX Advantage Realty
List Price
$179,900
Sold Price
$179,900
Current Estimated Value
$234,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,355
Avg. Annual Appreciation
5.58%
Original Mortgage
$174,503
Outstanding Balance
$155,442
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$78,813

Purchase Details

Listed on
Oct 14, 2014
Closed on
Nov 18, 2015
Sold by
Davis Donna R
Bought by
Backes David C and Backes Nina L
Seller's Agent
Lee Johnson
Coldwell Banker Premier - Seaford
Buyer's Agent
Christopher Lind
INDIAN RIVER LAND CO
List Price
$80,000
Sold Price
$80,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.86%

Purchase Details

Closed on
Feb 19, 2002
Bought by
Davis Donna R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Novacic Stefan $179,900 None Available
Backes David C $80,000 None Available
Davis Donna R $83,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Novacic Stefan $174,503
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/29/2021 01/29/21 Sold $179,900 0.0% $164 / Sq Ft
01/04/2021 01/04/21 Pending -- -- --
12/22/2020 12/22/20 For Sale $179,900 +124.9% $164 / Sq Ft
11/18/2015 11/18/15 Sold $80,000 0.0% $70 / Sq Ft View Prior Sale
11/03/2015 11/03/15 Pending -- -- --
10/14/2014 10/14/14 For Sale $80,000 -- $70 / 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 $375 $19,400 $0 $19,400
2024 $843 $19,400 $0 $19,400
2023 $842 $19,400 $0 $19,400
2022 $829 $19,400 $0 $19,400
2021 $804 $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 $790 $20,100 $0 $0
2016 $699 $20,100 $0 $0
2015 $708 $20,100 $0 $0
2014 $698 $20,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brenda Rambo

    Seller's Agent in 2021

    Brenda Rambo

    RE/MAX

    (302) 236-2660

    3 in this area

    109 Total Sales

    Brenda Rambo
    Section Image
  • Lee Johnson

    Seller's Agent in 2015

    Lee Johnson

    Coldwell Banker Premier - Seaford

    (302) 245-2145

    20 in this area

    167 Total Sales

    Lee Johnson
    Section Image

  • C

    Buyer's Agent in 2015

    Christopher Lind

    INDIAN RIVER LAND CO

    (302) 875-7840

    4 in this area

    21 Total Sales

    Christopher Lind
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU175040

Bright MLS

APN: 135-19.07-10.00-2C

Delaware Sussex County Georgetown 19947

405 Franklin St Unit 2C, Georgetown, DE

Not Listed for Sale

Townhouses

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