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227 S Race St; Georgetown, DE Property Details

227 S Race St, Georgetown, DE is a Single Family that was built in 1914. This property is currently Financed and is not for sale. Our records show that 227 S Race St has 6 bedrooms, and 2 bathrooms, and a total of 1,888 square feet. The lot size of 227 S Race St is 7,200 square feet.

Off market
227 S Race St Georgetown, DE 19947
$279,000 Listing Price
6 Beds
2 Baths
1,888 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1914
  • Purchase Price: $279,000
  • Open Loans / Balance: 2 / $502,227
  • Est. Equity / %: $-191,227 / -61.49%
  • Gross Yield: 5.182%
  • APN: 135-20.05-21.00
  • Situs County: Sussex
  • Length Of Ownership: 3 years, 7 months

Rooms

  • Bedrooms: 6
  • Bathrooms: 2
  • Total Rooms: 9

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Wood
  • Building Quality: B-
  • Roof Type: Gable
  • Roof Cover Type: Wood Shake/ Shingles

Measurements

  • Total: 1,888/SqFt
  • Lot: 7,200/SqFt
  • Garage: 240/SqFt
  • Living: 1,888/SqFt
  • Basement: 278/SqFt
  • Building: 1,888/SqFt
  • Basement Finished: 278/SqFt
  • Price Per Square Foot: $147.78

Legal Description

  • Description: RACE ST P/O LOT 11 PARCEL
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Indian River School District
  • Lat / Lon: 38.688957 / -75.38186
  • Subdivision: Georgetown
  • Property Class: Residential
  • Zoning: TN
  • County Use Code: RS

Amenities

  • Plus Four: 1911
  • Bathroom Fixtures: 8
  • Cooling: None
  • Garage: Garage
  • Heating: Yes
  • Parking: 1

HOA

  • H O A One: $200
  • H O A Amount: $200
  • H O A One Frequency: Annual
  • H O A One Name: Roaddawg Lane Owners Association
  • H O A One Type: Home Owner Association

Ownership Info

227 S Race St has no associated ownership info
227 S Race St has no associated ownership info.

Taxes

227 S Race St has 10 associated Taxes items

227 S Race St, Georgetown, DE pays taxes in Sussex County, DE. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $10,150. The APN we've located for 227 S Race St is 135-20.05-21.00.

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Taxes
  • Assessed Value:  $10,150
  • Assessed Year:  2026
  • Assessed County:  Sussex
  • APN:  135-20.05-21.00
  • Assessed Land Value:  1500
  • Market Land Value:  53300
  • Tax Amount:  469.5
  • Tax Year:  2025
  • Market Value:  219800
  • Market Year:  2026

Tax History

227 S Race St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $10,150 Land Value $1,500 Improvement Value $8,650 Tax Amount $467.74 Change Rate -0.003749% Assessed CR Tax Rate +0.046083%
Year 2025 Assessed Value $10,150 Land Value $1,500 Improvement Value $8,650 Tax Amount $469.5 Change Rate +0.118736% Assessed CR Tax Rate +0.046256%
Year 2024 Assessed Value $10,150 Land Value $1,500 Improvement Value $8,650 Tax Amount $419.67 Change Rate Assessed CR Tax Rate +0.041347%
Year 2023 Assessed Value $10,150 Land Value $1,500 Improvement Value $8,650 Tax Amount $419.67 Change Rate +0.017505% Assessed CR Tax Rate +0.041347%
Year 2022 Assessed Value $10,150 Land Value $1,500 Improvement Value $8,650 Tax Amount $412.45 Change Rate +0.030867% Assessed CR Tax Rate +0.040635%
Year 2021 Assessed Value $10,150 Land Value $1,500 Improvement Value $8,650 Tax Amount $400.1 Change Rate +0.047986% Assessed CR Tax Rate +0.039419%
Year 2020 Assessed Value $10,150 Land Value $1,500 Improvement Value $8,650 Tax Amount $381.78 Change Rate +0.004473% Assessed CR Tax Rate +0.037614%
Year 2019 Assessed Value $10,150 Land Value $1,500 Improvement Value $8,650 Tax Amount $380.08 Change Rate -0.009641% Assessed CR Tax Rate +0.037446%
Year 2018 Assessed Value $10,150 Land Value Improvement Value Tax Amount $383.78 Change Rate -0.008218% Assessed CR Tax Rate +0.037811%
Year 2017 Assessed Value $10,150 Land Value Improvement Value Tax Amount $386.96 Change Rate +0.134813% Assessed CR Tax Rate +0.038124%
Year 2016 Assessed Value $10,150 Land Value Improvement Value Tax Amount $340.99 Change Rate -0.029845% Assessed CR Tax Rate +0.033595%
Year 2015 Assessed Value $10,150 Land Value Improvement Value Tax Amount $351.48 Change Rate +0.015251% Assessed CR Tax Rate +0.034629%
Year 2014 Assessed Value $10,150 Land Value Improvement Value Tax Amount $346.2 Change Rate Assessed CR Tax Rate +0.034108%