NOT LISTED FOR SALE

431 E Market St Georgetown, DE 19947

Estimated Value: $202,879 - $396,000

6 Beds
3.5 Baths
3,400 Sq Ft
$99/Sq Ft Est. Value

Last Sold December 04, 2015

Last sale price $137,500 $40 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $1,872/month

Highlights

  • 1.93 Acre Lot
  • Wood Flooring
  • Attic
  • Colonial Architecture
  • Main Floor Bedroom
  • No HOA

About This Home

As of December 2015

Large home on nearly 2 acres in the town limits of Georgetown. 6 BRs, 3.5 BAs, Living Room, Dining Room, Laundry Room and Fenced Yard. Zoning is UB2. Property is sold "As Is, Where Is".

Last Agent to Sell the Property

Judy Dean

(302) 236-3120 judy@deanteamsells.com RE/MAX Associates License #RS-0012076 Listed on: 07/11/2015

RE/MAX Associates

Co-Listed By

FREDERICK DEAN

(302) 236-6836 fred@DeanTeamSells.com RE/MAX Associates License #RS-0015148

Last Buyer's Agent

Claudia Sosa Ducote

(240) 988-0929 claudia@lisamathena.com The Lisa Mathena Group, Inc. License #RS-00019674

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,410

Year Built

  • Built in 1874

Lot Details

  • 1.93 Acre Lot
  • Property is Fully Fenced
  • Cleared Lot
  • Zoning described as TOWN CODES

Home Design

  • Colonial Architecture
  • Victorian Architecture
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 3,400 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Insulated Windows
  • Window Screens
  • Living Room
  • Dining Room
  • Crawl Space
  • Attic

Kitchen

  • Electric Oven or Range
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Outbuilding
  • Porch

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 135-15.17-18.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,410

Year Built

Built in 1874

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Victorian
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1874
  • Remarks Public: Large home on nearly 2 acres in the town limits of Georgetown. 6 BRs, 3.5 BAs, Living Room, Dining Room, Laundry Room and Fenced Yard. Zoning is UB2. Property is sold "As Is, Where Is".
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Icemaker, Refrigerator, Oven/Range - Electric, Washer, Water Heater
  • Flooring Type: Hardwood, Laminated, Vinyl
  • Interior Amenities: Attic, Entry Level Bedroom, Ceiling Fan(s)
  • Window Features: Insulated, Screens
  • Fireplace: No
  • Foundation Details: Block, Crawl Space
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 11
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Laundry, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 3400
  • Living Area Sq Ft: 3400
  • Net Sq Ft: 3400.00
  • Price Per Sq Ft: 44.09
  • Above Grade Finished Sq Ft: 3400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 431

Beds/Baths

  • Bedrooms: 6
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Outbuilding(s)
  • Roof: Shingle, Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

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

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898

Lot Info

  • Fencing: Fully
  • Lot Features: Cleared
  • Lot Size Acres: 1.93
  • Lot Size Area: 2
  • Lot Size Units: Acres
  • Lot Sq Ft: 84071.00
  • Outdoor Living Structures: Porch(es)
  • Zoning Description: TOWN CODES
  • In City Limits: Yes

Rental Info

  • Total Actual Rent: 9000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5130430
  • Tax Annual Amount: 1410.00
  • Assessor Parcel Number: 135-15.17-18.00
  • County Tax Payment Frequency: Annually
  • Close Date: 12/04/2015

Multi Family

  • Income Expense List: Total Tax Bill

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2015
Closed on
Dec 4, 2015
Sold by
Snyder Marion B
Bought by
Lopez Ortiz Petronilio and Ortiz Lopez Petronilo
Seller's Agent
Judy Dean
RE/MAX Associates
Buyer's Agent
Claudia Sosa Ducote
The Lisa Mathena Group, Inc.
List Price
$149,900
Sold Price
$137,500
Premium/Discount to List
-$12,400
-8.27%
Current Estimated Value
$336,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,220
Avg. Annual Appreciation
9.54%
Original Mortgage
$110,000
Outstanding Balance
$87,049
Interest Rate
3.89%
Mortgage Type
Unknown
Estimated Equity
$249,671

Purchase Details

Closed on
Jun 5, 2014
Sold by
Richard E Richard E
Bought by
Snyder Richard E and Snyder Marion B

Purchase Details

Listed on
Aug 9, 2012
Closed on
Aug 8, 2013
Sold by
Picazo Jose
Bought by
Snyder Richard E
Seller's Agent
Judy Dean
RE/MAX Associates
Buyer's Agent
Judy Dean
RE/MAX Associates
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.89%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lopez Ortiz Petronilio $137,500 None Available
Snyder Richard E -- --
Snyder Richard E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Ortiz Petronilio $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2015 12/04/15 Sold $137,500 -8.3% $40 / Sq Ft
10/02/2015 10/02/15 Pending -- -- --
07/11/2015 07/11/15 For Sale $149,900 -0.1% $44 / Sq Ft
08/16/2013 08/16/13 Sold $150,000 0.0% $44 / Sq Ft
08/16/2013 08/16/13 Pending -- -- --
08/09/2012 08/09/12 For Sale $150,000 -- $44 / 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 $1,042 $17,150 $4,850 $12,300
2024 $733 $17,150 $4,850 $12,300
2023 $732 $17,150 $4,850 $12,300
2022 $721 $17,150 $4,850 $12,300
2021 $700 $17,150 $4,850 $12,300
2020 $669 $17,150 $4,850 $12,300
2019 $666 $17,150 $4,850 $12,300
2018 $672 $17,150 $0 $0
2017 $678 $17,150 $0 $0
2016 $600 $17,150 $0 $0
2015 $594 $17,150 $0 $0
2014 -- $17,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001008256

Bright MLS

APN: 135-15.17-18.00