$369,900
SOLD APR 11, 2025

705 E Market St Georgetown, DE 19947

3 Beds
2 Baths
-- Sq Ft
0.32 Acres

Recently Sold

5% Below List Price

131 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Upgraded Countertops
  • Traditional Floor Plan
  • No HOA
  • Formal Dining Room

About This Home

As of April 2025

Welcome to 705 East Market Street. This 3 bedroom cape cod style home has undergone a major renovation and is ready for you to call it home! The home has been modernized yet still possess the charm that is hard to find in new construction. Inside you will find a living room with wood burning fireplace and bay window. Opposite the living room is a formal dining room with corner built-in. Tucked between the dining room and kitchen is a pantry area that also includes built-ins. The area could also easily be used as a cozy home office or reading space. The fully equipped kitchen includes quartz countertops along with new cabinets with soft closing drawers and doors. There is a full bathroom and bedroom also located on the first floor. Upstairs you will find 2 additional bedrooms along with a full bathroom. The side porch has been converted into a 3 season room expanding the living space of the home. Outside there is a 24x24 pole shed with electric providing excellent space for your cars or your toys. Some of the numerous upgrades that have been completed include a new HVAC system, new windows throughout, new LVP flooring in the bathrooms, refinished hardwood floors, plumbing and electrical upgrades, fixtures, encapsulated crawl space and so much more. Come and take a look at what this home offers today.

Last Agent to Sell the Property

LISA HERSHELMAN

(302) 934-8818 lisa@indianriverland.com INDIAN RIVER LAND CO License #RS-0010255 Listed on: 10/31/2024

Last Buyer's Agent

Jorge Chavez

(302) 541-8787 ClosedbyChavez@gmail.com Iron Valley Real Estate at The Beach License #RS0037861

Iron Valley Real Estate at The Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,041

Year Built

  • Built in 1959

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 70.00 x 200.00
  • Property is zoned TN

Parking

  • 2 Car Detached Garage
  • Rear-Facing Garage

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • Built-In Features
  • Recessed Lighting
  • Wood Burning Fireplace
  • Formal Dining Room

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops

Flooring

  • Wood
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

  • Ductless Heating Or Cooling System
  • Wall Furnace
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 135-15.13-57.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,041

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1959
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Ceramic Tile, Hardwood, Luxury Vinyl Plank
  • Interior Amenities: Built-Ins, Floor Plan - Traditional, Formal/Separate Dining Room, Pantry, Recessed Lighting, Upgraded Countertops, Wood Floors
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Main Floor
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper 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: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Rear Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Ductless/Mini-Split
  • Heating Type: Wall Unit
  • 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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.32
  • Lot Dimensions: 70.00 x 200.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13939.00
  • Outdoor Living Structures: Porch(es)
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 507.00
  • Tax Annual Amount: 1041.00
  • Assessor Parcel Number: 135-15.13-57.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2024
Closed on
Apr 11, 2025
Sold by
Wyatt Michael R and Wyatt Terri L
Bought by
Grant Kimberly Brooks
Seller's Agent
LISA HERSHELMAN
INDIAN RIVER LAND CO
Buyer's Agent
Jorge Chavez
Iron Valley Real Estate at The Beach
List Price
$389,900
Sold Price
$369,900
Premium/Discount to List
-$20,000
-5.13%
Views
155
Current Estimated Value
$382,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,005
Avg. Annual Appreciation
4.47%
Original Mortgage
$273,273
Outstanding Balance
$272,055
Interest Rate
6.63%
Mortgage Type
VA
Estimated Equity
$110,850

Purchase Details

Closed on
Jul 31, 2024
Sold by
Hurst John R
Bought by
Wyatt Michael R and Wyatt Terri L

Purchase Details

Closed on
Apr 24, 2015
Sold by
Robert T Robert T
Bought by
Jpmorgan Chase Bank National Association
Source: Public Records
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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 $369,900 None Listed On Document
Deed $175,000 None Listed On Document
Interfamily Deed Transfer $121,360 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $273,273 VA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/11/2025 04/11/25 Sold $369,900 0.0% --
02/12/2025 02/12/25 Price Changed $369,900 -2.6% --
12/02/2024 12/02/24 Price Changed $379,900 -2.6% --
10/31/2024 10/31/24 For Sale $389,900 +420.6% --
12/22/2015 12/22/15 Sold $74,900 -35.0% $60 / Sq Ft View Prior Sale
11/25/2015 11/25/15 Pending -- -- --
07/22/2015 07/22/15 For Sale $115,292 -- $93 / 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 $449 $13,000 $2,400 $10,600
2024 $569 $13,000 $2,400 $10,600
2023 $568 $13,000 $2,400 $10,600
2022 $559 $13,000 $2,400 $10,600
2021 $542 $13,000 $2,400 $10,600
2020 $517 $13,000 $2,400 $10,600
2019 $515 $13,000 $2,400 $10,600
2018 $492 $13,000 $0 $0
2017 $496 $13,000 $0 $0
2016 $437 $13,000 $0 $0
2015 $450 $13,000 $0 $0
2014 $455 $13,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2073290

Bright MLS

APN: 135-15.13-57.00