NOT LISTED FOR SALE

407 Franklin St Unit 2D Georgetown, DE 19947

Estimated Value: $196,220 - $381,000

2 Beds
1 Bath
980 Sq Ft
$150/mo HOA Fee

Last Sold December 30, 2021

Last sale price $165,000 $168 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,554/month

34 Days on Market

Highlights

  • Penthouse
  • Corner Fireplace
  • Parking Storage or Cabinetry
  • Traditional Architecture
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of December 2021

Welcome to Teal Court! Come check out this well maintained and move in ready end of row townhouse in a quiet area close to the heart of Georgetown! Schedule your private tour today!

Last Agent to Sell the Property

Justin Yon

Century 21 Home Team Realty License #RS0025968 Listed on: 10/27/2021

Century 21 Home Team Realty

Last Buyer's Agent

John Rodriguez

Northrop Realty

Northrop Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,141

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Storage or Cabinetry
  • Driveway
  • Off-Street Parking

Home Design

  • Penthouse
  • Traditional Architecture
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 980 Sq Ft Home
  • Property has 1 Level
  • Corner Fireplace
  • Gas Fireplace
  • Crawl Space
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

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

Listing and Financial Details

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

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance, snow removal
  • Low-Rise Condominium
  • Teal Court Subdivision

Pet Policy

  • Pets Allowed

Additional Features

  • Common Area
  • Fenced around community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,141

Lot Details

0

HOA Fees

$150 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to Teal Court! Come check out this well maintained and move in ready end of row townhouse in a quiet area close to the heart of Georgetown! Schedule your private tour today!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Fireplace Features: Corner, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 980
  • Living Area Sq Ft: 980
  • Below Grade Finished Sq Ft: 980
  • Total Below Grade Sq Ft: 980
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 407

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Roof: Architectural 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
  • Garage Features: Additional Storage Area
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway, Off Street

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 150.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Fencing
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Snow Removal
  • HOA: No
  • Senior Community: No

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2021
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5131231
  • School Tax: 444.00
  • Tax Annual Amount: 1141.00
  • Assessor Parcel Number: 135-19.07-10.00-2D
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 12/30/2021

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2021
Closed on
Dec 30, 2021
Sold by
Joyce Finkbiner Brent
Bought by
Suarez-Gonzalez Sergio N and Suarez Carmen A
Seller's Agent
Justin Yon
Century 21 Home Team Realty
Buyer's Agent
John Rodriguez
Northrop Realty
List Price
$170,000
Sold Price
$165,000
Premium/Discount to List
-$5,000
-2.94%
Total Days on Market
34
Current Estimated Value
$255,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,805
Avg. Annual Appreciation
13.59%
Original Mortgage
$87,000
Outstanding Balance
$81,005
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$174,800

Purchase Details

Closed on
May 31, 2011
Bought by
Johnson Richard E

Purchase Details

Closed on
May 26, 2011
Bought by
Johnson Richard E
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Suarez-Gonzalez Sergio N $165,000 Wolfe & Associates Llc
Johnson Richard E $125,000 --
Johnson Richard E $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suarez-Gonzalez Sergio N $87,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $165,000 -2.9% $168 / Sq Ft
10/27/2021 10/27/21 For Sale $170,000 +36.0% $173 / Sq Ft
11/17/2017 11/17/17 Sold $125,000 -3.8% $128 / Sq Ft
10/23/2017 10/23/17 Pending -- -- --
09/07/2017 09/07/17 Price Changed $129,900 -3.7% $133 / Sq Ft
08/04/2017 08/04/17 Price Changed $134,900 -3.6% $138 / Sq Ft
03/24/2017 03/24/17 For Sale $139,900 -- $143 / 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 $554 $12,700 $0 $12,700
2023 $553 $12,700 $0 $12,700
2022 $545 $12,700 $0 $12,700
2021 $540 $12,700 $0 $12,700
2020 $516 $12,700 $0 $12,700
2019 $502 $12,700 $0 $12,700
2018 $531 $13,400 $0 $0
2017 $511 $13,400 $0 $0
2016 $462 $13,400 $0 $0
2015 $476 $13,400 $0 $0
2014 $469 $13,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2008284

Bright MLS

APN: 135-19.07-10.00-2D