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402 Franklin St; Georgetown, DE Property Details

402 Franklin St, Georgetown, DE is a Condominium that was built in 1986. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 402 Franklin St has 2 bedrooms, and 2 bathrooms, and a total of 546 square feet. The lot size of 402 Franklin St is 3,480 square feet.

Off market
402 Franklin St Georgetown, DE 19947
$90,000 Listing Price
2 Beds
2 Baths
546 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1986
  • Purchase Price: $166,500
  • Open Loans / Balance: 1 / $119,993
  • Est. Equity / %: $54,007 / 31.04%
  • Gross Yield: 6.124%
  • APN: 135-19.07-10.00-1C
  • Situs County: Sussex
  • Length Of Ownership: 1 year, 9 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Total Rooms: 5

Structure

  • Stories: 2
  • Building Quality: C

Measurements

  • Total: 546/SqFt
  • Lot: 3,480/SqFt
  • Living: 546/SqFt
  • Building: 546/SqFt
  • Price Per Square Foot: $304.95

Legal Description

  • Description: TEAL COURT UNIT 1C
Building Insights

Land Information

  • Property Type: Condominium
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Cape Henlopen School District
  • Lat / Lon: 38.689854 / -75.39371
  • Subdivision: Georgetown
  • Property Class: Residential
  • Zoning: TN
  • County Use Code: RC

Amenities

  • Plus Four: 1126
  • Bathroom Fixtures: 7

HOA

  • H O A One: $150
  • H O A Amount: $150
  • H O A One Type: Condo  Owner Association

Ownership Info

402 Franklin St has no associated ownership info
402 Franklin St has no associated ownership info.

Taxes

402 Franklin St has 9 associated Taxes items

402 Franklin St, Georgetown, DE pays taxes in Sussex County, DE. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $19,400. The APN we've located for 402 Franklin St is 135-19.07-10.00-1C.

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Taxes
  • Assessed Value:  $19,400
  • Assessed Year:  2025
  • Assessed County:  Sussex
  • APN:  135-19.07-10.00-1C
  • Market Land Value:  23100
  • Tax Amount:  354.58
  • Tax Year:  2025
  • Market Value:  166000
  • Market Year:  2025

Tax History

402 Franklin St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $19,400 Land Value Improvement Value $19,400 Tax Amount $354.58 Change Rate -0.57335% Assessed CR Tax Rate +0.018277%
Year 2024 Assessed Value $19,400 Land Value Improvement Value $19,400 Tax Amount $831.08 Change Rate Assessed CR Tax Rate +0.042839%
Year 2023 Assessed Value $19,400 Land Value Improvement Value $19,400 Tax Amount $831.08 Change Rate +0.002763% Assessed CR Tax Rate +0.042839%
Year 2022 Assessed Value $19,400 Land Value Improvement Value $19,400 Tax Amount $828.79 Change Rate +0.046043% Assessed CR Tax Rate +0.042721%
Year 2021 Assessed Value $19,400 Land Value Improvement Value $19,400 Tax Amount $792.31 Change Rate +0.047974% Assessed CR Tax Rate +0.040841%
Year 2020 Assessed Value $19,400 Land Value Improvement Value $19,400 Tax Amount $756.04 Change Rate +0.004477% Assessed CR Tax Rate +0.038971%
Year 2019 Assessed Value $19,400 Land Value Improvement Value $19,400 Tax Amount $752.67 Change Rate -0.009658% Assessed CR Tax Rate +0.038797%
Year 2018 Assessed Value $20,100 Land Value Improvement Value Tax Amount $760.01 Change Rate -0.008195% Assessed CR Tax Rate +0.037811%
Year 2017 Assessed Value $20,100 Land Value Improvement Value Tax Amount $766.29 Change Rate +0.134791% Assessed CR Tax Rate +0.038124%
Year 2016 Assessed Value $20,100 Land Value Improvement Value Tax Amount $675.27 Change Rate -0.029854% Assessed CR Tax Rate +0.033596%
Year 2015 Assessed Value $20,100 Land Value Improvement Value Tax Amount $696.05 Change Rate +0.015287% Assessed CR Tax Rate +0.034629%
Year 2014 Assessed Value $20,100 Land Value Improvement Value Tax Amount $685.57 Change Rate Assessed CR Tax Rate +0.034108%