$355,000
SOLD DEC 20, 2024

407 Walter St Georgetown, DE 19947

2 Beds
1.5 Baths
1,980 Sq Ft
0.81 Acres

Recently Sold

$179 Per Sq Ft

9% Below List Price

35 Days on Market

Highlights

  • View of Trees or Woods
  • Wooded Lot
  • Wood Flooring
  • Private Lot
  • Traditional Architecture
  • No HOA

About This Home

As of December 2024

Discover your serene retreat in this beautifully maintained 2-bedroom, 1.5-bathroom ranch home, nestled on a large double lot that offers a perfect blend of privacy and outdoor enjoyment. Surrounded by mature trees and lush landscaping, this property features a tranquil back yard complete with a delightful water feature and tasteful hardscaping. Step inside to find a cozy living room highlighted by a gas fireplace, creating a warm and inviting atmosphere. The kitchen boasts a charming breakfast area, and sliding doors lead to a spacious deck equipped with a retractable awning and a privacy fence, ideal for entertaining or enjoying peaceful moments outdoors. The primary bedroom includes an ensuite bathroom with a walk-in shower, providing a private sanctuary. Additionally, two versatile bonus rooms offer endless possibilities—perfect for a home office, craft space, or guest rooms. The oversized 2-car garage features ample room for a workbench and extra storage, while several well outlets for irrigation ensures your outdoor spaces remain lush and vibrant. With a four-foot crawlspace for additional storage, this home maximizes utility and comfort. Conveniently located with easy access to Route 9 for quick trips to the Delaware beaches, as well as Route 113 and downtown Georgetown for shopping and dining, this home is perfectly situated for both relaxation and adventure. Recent upgrades include a brand-new HVAC system installed in 2023 (with a 10-year warranty), new deck boards (2024), and a new shed roof (2024). Don’t miss the opportunity to make this delightful property your new home!

Last Agent to Sell the Property

Dustin Oldfather

(302) 249-5899 Dustin@TheOldfatherGroup.com Compass License #RS-0017091 Listed on: 10/23/2024

Compass

Co-Listed By

Alyse Wallace

alyse@theoldfathergroup.com Compass

Last Buyer's Agent

Jill Cicierski

(302) 841-2282 jill@thebestbeachsecret.com JC Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,918

Year Built

  • Built in 1976

Lot Details

  • 0.81 Acre Lot
  • Lot Dimensions are 180.00 x 146.00
  • Landscaped
  • Private Lot
  • Wooded Lot
  • Backs to Trees or Woods
  • Property is zoned TN

Parking

  • 2 Car Detached Garage
  • 8 Driveway Spaces
  • Oversized Parking
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Architectural Shingle Roof

Interior Spaces

  • 1,980 Sq Ft Home
  • Property has 1 Level
  • Wood Burning Fireplace
  • Gas Fireplace
  • Views of Woods
  • Crawl Space

Kitchen

  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Propane Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 135-19.07-31.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,918

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Inclusions: Bronzed Steel Flag Pole in Front Yard, Screens, Curtains, Curtain rods, Shades/Blinds, Cornices, Smoke Detectors, Fireplace Equipment, Fireplace Screen/Doors, Attic fan, Bathroom Vents/Fans, Ceiling Fan, Satellite Dish, Garage Opener with 2 remotes, Shed
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-10-23
  • Federal Flood Zone: No
  • Year Built: 1976
  • Automatically Close On Close Date: No
  • Remarks Public: Discover your serene retreat in this beautifully maintained 2-bedroom, 1.5-bathroom ranch home, nestled on a large double lot that offers a perfect blend of privacy and outdoor enjoyment. Surrounded by mature trees and lush landscaping, this property features a tranquil back yard complete with a delightful water feature and tasteful hardscaping. Step inside to find a cozy living room highlighted by a gas fireplace, creating a warm and inviting atmosphere. The kitchen boasts a charming breakfast area, and sliding doors lead to a spacious deck equipped with a retractable awning and a privacy fence, ideal for entertaining or enjoying peaceful moments outdoors. The primary bedroom includes an ensuite bathroom with a walk-in shower, providing a private sanctuary. Additionally, two versatile bonus rooms offer endless possibilities—perfect for a home office, craft space, or guest rooms. The oversized 2-car garage features ample room for a workbench and extra storage, while several well outlets for irrigation ensures your outdoor spaces remain lush and vibrant. With a four-foot crawlspace for additional storage, this home maximizes utility and comfort. Conveniently located with easy access to Route 9 for quick trips to the Delaware beaches, as well as Route 113 and downtown Georgetown for shopping and dining, this home is perfectly situated for both relaxation and adventure. Recent upgrades include a brand-new HVAC system installed in 2023 (with a 10-year warranty), new deck boards (2024), and a new shed roof (2024). Don’t miss the opportunity to make this delightful property your new home!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Freezer, Dishwasher, Disposal, Microwave, Washer, Dryer, Water Heater
  • Flooring Type: Carpet, Hardwood, Vinyl
  • Window Features: Storm
  • Fireplace Features: Gas/Propane, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1980
  • Living Area Sq Ft: 1980
  • Price Per Sq Ft: 196.46
  • Above Grade Finished Sq Ft: 1980
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 407

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s), Shed
  • Construction Materials: Brick
  • Roof: Architectural Shingle
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage Door Opener, Oversized
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 10
  • Type Of Parking: Detached Garage, Driveway, Off Street
  • Number of Spaces in Driveway: 8

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Owned
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Land Use Code: 999
  • Lot Features: Private, Landscaping, Trees/Wooded, Backs To Trees
  • Lot Size Acres: 0.81
  • Lot Dimensions: 180.00 x 146.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 35284.00
  • Year Assessed: 2023
  • Zoning: TN
  • In City Limits: Yes

Rental Info

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

Tax Info

  • School Tax: 927.00
  • Tax Annual Amount: 1917.74
  • Assessor Parcel Number: 135-19.07-31.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 12/20/2024

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2024
Closed on
Dec 20, 2024
Sold by
Wallace Lauren R and Wallace Virginia C
Bought by
Mirabella Raymond M
Seller's Agent
Dustin Oldfather
Compass
Buyer's Agent
Jill Cicierski
JC Realty Inc
List Price
$389,000
Sold Price
$355,000
Premium/Discount to List
-$34,000
-8.74%
Views
42
Current Estimated Value
$369,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,840
Avg. Annual Appreciation
5.19%

Purchase Details

Closed on
May 28, 2003
Bought by
Wallace Lauren R and Walla Virginia C
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $355,000 None Listed On Document
Deed $173,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2024 12/20/24 Sold $355,000 -8.7% $179 / Sq Ft
11/28/2024 11/28/24 Pending -- -- --
10/23/2024 10/23/24 For Sale $389,000 -- $196 / 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 $699 $25,150 $4,600 $20,550
2024 $671 $25,150 $4,600 $20,550
2023 $670 $25,150 $4,600 $20,550
2022 $647 $25,150 $4,600 $20,550
2021 $629 $25,150 $4,600 $20,550
2020 $599 $25,150 $4,600 $20,550
2019 $598 $25,150 $4,600 $20,550
2018 $591 $25,150 $0 $0
2017 $596 $25,150 $0 $0
2016 $546 $25,150 $0 $0
2015 $558 $25,150 $0 $0
2014 $524 $25,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2069286

Bright MLS

APN: 135-19.07-31.00