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7 Terrace Ave; Georgetown, DE Property Details

7 Terrace Ave, Georgetown, DE is a Single Family that was built in 2007. This property is currently Financed and is not for sale. Our records show that 7 Terrace Ave has 4 bedrooms, and 3 bathrooms, and a total of 1,721 square feet. The lot size of 7 Terrace Ave is 6,961 square feet.

Off market
7 Terrace Ave Georgetown, DE 19947
$14,900 Estimated Value
4 Beds
3 Baths
1,721 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2007
  • Purchase Price: $165,000
  • Open Loans / Balance: 1 / $141,398
  • Est. Equity / %: $118,602 / 45.62%
  • Gross Yield: 8.206%
  • APN: 135-14.16-41.02
  • Situs County: Sussex
  • Length Of Ownership: 6 years

Rooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Total Rooms: 7

Structure

  • Building Style: Frame
  • Stories: 1.5
  • Exterior Wall Type: Wood
  • Building Quality: C
  • Roof Type: Gable
  • Porch Type: Open
  • Roof Cover Type: Wood Shake/ Shingles
  • Deck: true

Measurements

  • Total: 1,721/SqFt
  • Lot: 6,961/SqFt
  • Gross: 1,036/SqFt
  • Garage: 74/SqFt
  • Living: 1,721/SqFt
  • Building: 1,721/SqFt
  • Price Per Square Foot: $95.87

Legal Description

  • Description: HIGHLAND TERRACE LOT 28
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: 38.69648 / -75.39029
  • Subdivision: Georgetown
  • Property Class: Residential
  • Zoning: TN
  • County Use Code: RS

Amenities

  • Plus Four: 2142
  • Bathroom Fixtures: 8
  • Cooling: None
  • Garage: Paved/Surfaced
  • Heating: Yes

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 Terrace Ave has no associated ownership info
7 Terrace Ave has no associated ownership info.

Taxes

7 Terrace Ave has 10 associated Taxes items

7 Terrace Ave, 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 $14,900. The APN we've located for 7 Terrace Ave is 135-14.16-41.02.

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Taxes
  • Assessed Value:  $14,900
  • Assessed Year:  2025
  • Assessed County:  Sussex
  • APN:  135-14.16-41.02
  • Assessed Land Value:  1100
  • Market Land Value:  52900
  • Tax Amount:  612.39
  • Tax Year:  2025
  • Market Value:  286700
  • Market Year:  2025

Tax History

7 Terrace Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $14,900 Land Value $1,100 Improvement Value $13,800 Tax Amount $612.39 Change Rate -0.028785% Assessed CR Tax Rate +0.0411%
Year 2024 Assessed Value $14,900 Land Value $1,100 Improvement Value $13,800 Tax Amount $630.54 Change Rate Assessed CR Tax Rate +0.042318%
Year 2023 Assessed Value $14,900 Land Value $1,100 Improvement Value $13,800 Tax Amount $630.54 Change Rate +0.031019% Assessed CR Tax Rate +0.042318%
Year 2022 Assessed Value $14,900 Land Value $1,100 Improvement Value $13,800 Tax Amount $611.57 Change Rate +0.041272% Assessed CR Tax Rate +0.041045%
Year 2021 Assessed Value $14,900 Land Value $1,100 Improvement Value $13,800 Tax Amount $587.33 Change Rate +0.047961% Assessed CR Tax Rate +0.039418%
Year 2020 Assessed Value $14,900 Land Value $1,100 Improvement Value $13,800 Tax Amount $560.45 Change Rate +0.004463% Assessed CR Tax Rate +0.037614%
Year 2019 Assessed Value $14,900 Land Value $1,100 Improvement Value $13,800 Tax Amount $557.96 Change Rate -0.009638% Assessed CR Tax Rate +0.037447%
Year 2018 Assessed Value $14,900 Land Value Improvement Value Tax Amount $563.39 Change Rate -0.008204% Assessed CR Tax Rate +0.037811%
Year 2017 Assessed Value $14,900 Land Value Improvement Value Tax Amount $568.05 Change Rate +0.134806% Assessed CR Tax Rate +0.038124%
Year 2016 Assessed Value $14,900 Land Value Improvement Value Tax Amount $500.57 Change Rate -0.029865% Assessed CR Tax Rate +0.033595%
Year 2015 Assessed Value $14,900 Land Value Improvement Value Tax Amount $515.98 Change Rate +0.015269% Assessed CR Tax Rate +0.03463%
Year 2014 Assessed Value $14,900 Land Value Improvement Value Tax Amount $508.22 Change Rate Assessed CR Tax Rate +0.034109%