NOT LISTED FOR SALE

508 N Bedford St Georgetown, DE 19947

Estimated Value: $270,000 - $354,586

3 Beds
1 Bath
1,200 Sq Ft
$258/Sq Ft Est. Value

Last Sold February 05, 2024

Last sale price $340,000 $283 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,774/month

Highlights

  • A-Frame Home
  • 2 Car Detached Garage
  • Asbestos
  • No HOA
  • More Than Two Accessible Exits
  • Heating System Uses Oil

About This Home

As of February 2024

This home is located at 508 N Bedford St, Georgetown, DE 19947 since 12 December 2023 and is currently estimated at $309,147, approximately $257 per square foot. This property was built in 1960. 508 N Bedford St is a home located in Sussex County with nearby schools including North Georgetown Elementary School, Georgetown Middle School, and Sussex Central High School.

Last Agent to Sell the Property

R. T. Givens

(302) 856-4000 rt.givens@verizon.net LESTER REALTY INC. Listed on: 12/12/2023

Last Buyer's Agent

R. T. Givens

(302) 856-4000 rt.givens@verizon.net LESTER REALTY INC. Listed on: 12/12/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $446

Year Built

  • Built in 1960

Lot Details

  • 0.25 Acre Lot
  • Cleared Lot
  • Property is zoned TN

Parking

  • 2 Car Detached Garage
  • Front Facing Garage
  • Driveway
  • Off-Street Parking

Home Design

  • A-Frame Home
  • Asbestos

Interior Spaces

  • 1,200 Sq Ft Home
  • Property has 2 Levels
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Heating System Uses Oil
  • Radiant Heating System
  • Water Service Lateral Not Installed
  • Electric Water Heater
  • Public Hookup Available For Water

Community Details

  • No Home Owners Association
  • Highland Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 135-14.16-17.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$446

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: A-Frame
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Price Per Sq Ft: 291.67
  • Above Grade Finished Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Asbestos
  • Road Surface Type: Alley
  • 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
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Detached Garage, Off Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Radiant
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: No Sewer System, Public Sewer
  • Water Source: Lateral Not Installed/Must Tap Off Main, Public Hook-Up Available

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 0.25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10890.00
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 446.00
  • Assessor Parcel Number: 135-14.16-17.00
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2023
Closed on
Feb 2, 2024
Sold by
Rockemann Robert L and Rockemann Richard L
Bought by
Velasquez Eugenio Mejia
Seller's Agent
R. T. Givens
LESTER REALTY INC.
Buyer's Agent
R. T. Givens
LESTER REALTY INC.
List Price
$350,000
Sold Price
$340,000
Premium/Discount to List
-$10,000
-2.86%
Views
12
Current Estimated Value
$333,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,487
Avg. Annual Appreciation
-4.71%
Original Mortgage
$272,000
Outstanding Balance
$267,193
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$41,954
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Velasquez Eugenio Mejia $340,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velasquez Eugenio Mejia $272,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2024 02/05/24 Sold $340,000 -2.9% $283 / Sq Ft
01/25/2024 01/25/24 Off Market $350,000 -- --
12/12/2023 12/12/23 Pending -- -- --
12/12/2023 12/12/23 For Sale $350,000 -- $292 / Sq Ft
Source: Bright MLS

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 $476 $11,950 $3,950 $8,000
2024 $494 $11,950 $3,950 $8,000
2023 $312 $11,950 $3,950 $8,000
2022 $301 $11,950 $3,950 $8,000
2021 $291 $11,950 $3,950 $8,000
2020 $279 $11,950 $3,950 $8,000
2019 $278 $11,950 $3,950 $8,000
2018 $275 $11,950 $0 $0
2017 $277 $11,950 $0 $0
2016 $253 $11,950 $0 $0
2015 $259 $11,950 $0 $0
2014 $253 $11,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2052916

Bright MLS

APN: 135-14.16-17.00