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7 Parsons Ln; Georgetown, DE Property Details

7 Parsons Ln, Georgetown, DE is a Single Family that was built in 1934. This property is currently a cash purchase and is not for sale. Our records show that 7 Parsons Ln has 1 bathroom, and a total of 726 square feet. The lot size of 7 Parsons Ln is 9,631 square feet.

Off market
7 Parsons Ln Georgetown, DE 19947
$5,100 Estimated Value
1 Baths
726 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1934
  • Purchase Price: $40,000
  • Est. Equity / %: $246,000 / 100%
  • Gross Yield: 11.463%
  • APN: 135-15.17-121.00
  • Situs County: Sussex
  • Length Of Ownership: 9 years, 6 months

Rooms

  • Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Wood
  • Building Quality: E+
  • Roof Type: Gable
  • Roof Cover Type: Wood Shake/ Shingles

Measurements

  • Total: 726/SqFt
  • Lot: 9,631/SqFt
  • Garage: 576/SqFt
  • Living: 726/SqFt
  • Building: 726/SqFt
  • Price Per Square Foot: $55.10

Legal Description

  • Description: E/PARSONS LANE 220' S/MARKET ST
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: 38.695118 / -75.37781
  • Subdivision: Georgetown
  • Property Class: Residential
  • Zoning: TN
  • County Use Code: RS

Amenities

  • Plus Four: 1613
  • Bathroom Fixtures: 2
  • Cooling: None
  • Garage: Mixed
  • Heating: Yes
  • Parking: 2

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

7 Parsons Ln has no associated ownership info
7 Parsons Ln has no associated ownership info.

Taxes

7 Parsons Ln has 10 associated Taxes items

7 Parsons Ln, 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 $5,100. The APN we've located for 7 Parsons Ln is 135-15.17-121.00.

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Taxes
  • Assessed Value:  $5,100
  • Assessed Year:  2025
  • Assessed County:  Sussex
  • APN:  135-15.17-121.00
  • Assessed Land Value:  1600
  • Market Land Value:  50500
  • Tax Amount:  158.27
  • Tax Year:  2025
  • Market Value:  74100
  • Market Year:  2025

Tax History

7 Parsons Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $5,100 Land Value $1,600 Improvement Value $3,500 Tax Amount $158.27 Change Rate -0.249407% Assessed CR Tax Rate +0.031033%
Year 2024 Assessed Value $5,100 Land Value $1,600 Improvement Value $3,500 Tax Amount $210.86 Change Rate Assessed CR Tax Rate +0.041345%
Year 2023 Assessed Value $5,100 Land Value $1,600 Improvement Value $3,500 Tax Amount $210.86 Change Rate +0.017468% Assessed CR Tax Rate +0.041345%
Year 2022 Assessed Value $5,100 Land Value $1,600 Improvement Value $3,500 Tax Amount $207.24 Change Rate +0.030891% Assessed CR Tax Rate +0.040635%
Year 2021 Assessed Value $5,100 Land Value $1,600 Improvement Value $3,500 Tax Amount $201.03 Change Rate +0.047959% Assessed CR Tax Rate +0.039418%
Year 2020 Assessed Value $5,100 Land Value $1,600 Improvement Value $3,500 Tax Amount $191.83 Change Rate +0.004503% Assessed CR Tax Rate +0.037614%
Year 2019 Assessed Value $5,100 Land Value $1,600 Improvement Value $3,500 Tax Amount $190.97 Change Rate Assessed CR Tax Rate +0.037445%
Year 2018 Assessed Value $5,100 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $5,100 Land Value Improvement Value Tax Amount $194.43 Change Rate +0.134828% Assessed CR Tax Rate +0.038124%
Year 2016 Assessed Value $5,100 Land Value Improvement Value Tax Amount $171.33 Change Rate -0.029841% Assessed CR Tax Rate +0.033594%
Year 2015 Assessed Value $5,100 Land Value Improvement Value Tax Amount $176.6 Change Rate +0.015293% Assessed CR Tax Rate +0.034627%
Year 2014 Assessed Value $5,100 Land Value Improvement Value Tax Amount $173.94 Change Rate Assessed CR Tax Rate +0.034106%