NOT LISTED FOR SALE

512 E Market St Georgetown, DE 19947

Estimated Value: $230,071 - $348,000

3 Beds
1.5 Baths
1,416 Sq Ft
$216/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $200,000 $141 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,653/month

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Formal Dining Room
  • Wood Flooring
  • No HOA
  • Built-In Features

About This Home

As of November 2020

Get this before it is gone. Zoned UB-2 town codes and was recently a computer business so it is wired to the max. You could also use this as your home with just a few improvements to the kitchen. Plenty of space and offers a wood burning fireplace, hardwood floors and a detached garage with plenty of parking. This historic home shines with character and has been updated with a new, Furnace, Water Heater and Heat pump. New metal roof on both the house and garage means low maintenance for years. Come see this beauty just on the edge of town and make it yours.

Last Agent to Sell the Property

Dennis Barnes

(302) 227-2726 dbarnes@cbanker.com Coldwell Banker Premier - Rehoboth License #RS-0015032 Listed on: 09/21/2020

Coldwell Banker Premier - Rehoboth

Last Buyer's Agent

Meme ELLIS

(240) 320-2342 meme-ellis@kw.com Keller Williams Realty License #RS-0024084

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $898

Year Built

  • Built in 1937

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 61.00 x 191.00
  • Property is zoned TN/RES

Home Design

  • Colonial Architecture
  • Block Foundation
  • Frame Construction
  • Metal Roof
  • Aluminum Siding

Interior Spaces

  • 1,416 Sq Ft Home
  • Property has 2 Levels
  • Built-In Features
  • Ceiling Fan
  • 1 Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 7 Open Parking Spaces
  • 10 Parking Spaces
  • 3 Driveway Spaces
  • Parking Lot

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 135-15.17-125.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$898

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • 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: 1937
  • Automatically Close On Close Date: No
  • Remarks Public: Get this before it is gone. Zoned UB-2 town codes and was recently a computer business so it is wired to the max. You could also use this as your home with just a few improvements to the kitchen. Plenty of space and offers a wood burning fireplace, hardwood floors and a detached garage with plenty of parking. This historic home shines with character and has been updated with a new, Furnace, Water Heater and Heat pump. New metal roof on both the house and garage means low maintenance for years. Come see this beauty just on the edge of town and make it yours.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood
  • Interior Amenities: Ceiling Fan(s), Formal/Separate Dining Room, Wood Floors, Built-Ins
  • Fireplaces Count: 1
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 1416
  • Living Area Sq Ft: 1416
  • Price Per Sq Ft: 141.24
  • Above Grade Finished Sq Ft: 1416
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 512

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • Roof: Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Total Garage And Parking Spaces: 10
  • Type Of Parking: Driveway, Parking Lot
  • Number of Spaces in Driveway: 3
  • Parking Lot Number Of Spaces: 7

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 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: RS
  • Lot Size Acres: 0.16
  • Lot Dimensions: 61.00 x 191.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6970.00
  • Year Assessed: 2020
  • Zoning: TN/RES
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5130363
  • School Tax: 429.00
  • Tax Annual Amount: 898.00
  • Assessor Parcel Number: 135-15.17-125.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 11/30/2020

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2020
Closed on
Nov 30, 2020
Sold by
Kay-Barnett Cornelia
Bought by
Vyas Amit U
Seller's Agent
Dennis Barnes
Coldwell Banker Premier - Rehoboth
Buyer's Agent
Meme ELLIS
Keller Williams Realty
List Price
$200,000
Sold Price
$200,000
Current Estimated Value
$305,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,518
Avg. Annual Appreciation
9.15%
Original Mortgage
$200,000
Outstanding Balance
$178,377
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$127,141

Purchase Details

Closed on
Jul 7, 1999
Bought by
Barnett Thomas D H
Source: Public Records

Range of Values:

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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
Vyas Amit U $200,000 None Available
Barnett Thomas D H $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vyas Amit U $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2020 11/30/20 Sold $200,000 0.0% $141 / Sq Ft
10/11/2020 10/11/20 Pending -- -- --
09/21/2020 09/21/20 For Sale $200,000 -- $141 / 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 $401 $12,950 $1,950 $11,000
2024 $535 $12,950 $1,950 $11,000
2023 $535 $12,950 $1,950 $11,000
2022 $526 $12,950 $1,950 $11,000
2021 $510 $12,950 $1,950 $11,000
2020 $487 $12,950 $1,950 $11,000
2019 $485 $12,950 $1,950 $11,000
2018 $490 $12,950 $0 $0
2017 $494 $12,950 $0 $0
2016 $435 $12,950 $0 $0
2015 $448 $12,950 $0 $0
2014 $442 $12,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dennis Barnes

    Seller's Agent in 2020

    Dennis Barnes

    Coldwell Banker Premier - Rehoboth

    (302) 227-2726

    3 in this area

    31 Total Sales

    Dennis Barnes
    Section Image
  • Meme ELLIS

    Buyer's Agent in 2020

    Meme ELLIS

    Keller Williams Realty

    (240) 320-2342

    9 in this area

    245 Total Sales

    Meme ELLIS
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU169598

Bright MLS

APN: 135-15.17-125.00

Delaware Sussex County Georgetown 19947

512 E Market St, Georgetown, DE

This home is located at 512 E Market St, Georgetown, DE 19947 since 21 September 2020 and is currently estimated at $305,518, approximately $215 per square foot. This property was built in 1937. 512 E Market St is a home located in Sussex County with nearby schools including Georgetown Elementary School, Georgetown Middle School, and Sussex Central High School.

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