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$320,000

Beds
3
Baths
2.0
sq ft
1,891

13640 Collins Pond Rd E, Georgetown, DE 19947

13640 Collins Pond Rd E

GEORGETOWN, DE 19947

  • 108 days on market
    • Price drop $15,000↓
Located just down the street from Collins Pond, this 3 bedroom, 2 bathroom home offers a fantastic opportunity for those with vision and a desire to invest some time and care. With 1,891 square feet of living space, this property is ready for someone to bring it back to its full potential. Situated on a spacious half-acre wooded lot with a U-shaped driveway, the home provides a peaceful setting with plenty of outdoor space. The property includes an attached 2-car garage with a walk-up attic, offering the possibility of additional storage or conversion into a functional space like an Airbnb. While the home is in need of updates, it boasts a solid foundation and is perfect for creating a comfortable, personalized retreat. If you're looking for a rewarding project, this could be your chance to transform this home into a serene oasis. Don’t miss out on this handyman special!

Details

Property type

Single Family Residence

Est. home value

$162,056

Lot size

0.5 acres

Price per sq ft

$170

Year built

1994

Annual property taxes

$731

HOA

No

Price History

10/07/2024
Bright

Bright #DESU2069854

Price change
$320,000
-4.48%
09/24/2024
Bright

Bright #DESU2069854

Price change
$335,000
-4.29%
09/06/2024
Bright

Bright #DESU2069854

Listed
$350,000
+118.75%

Schools & Community

Elementary school: 

NORTH GEORGETOWN

Middle school: 

GEORGETOWN

High school: 

CENTRAL HIGH

School district: 

INDIAN RIVER

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Fairway Independent Mortgage Corporation

Loan start date

November 2023

Original loan amount

$405,000

Est. remaining balance

Not provided

Interest rate

7.19%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage), 84 year

Seller

Cindy J Brown and Thomas Brown Jr

Lender

Federal Housing Commissioner

Loan start date

November 2023

Original loan amount

$405,000

Est. remaining balance

Not provided

Interest rate

7.19%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage), 84 year

Seller

Cindy J Brown and Thomas Brown Jr

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/22/2024 at 6:20 AM

Listing updated: 10/07/2024 at 5:02 PM

Listed by: Krystal Casey, Keller Williams Realty Phone #: (302) 360-0300

MLS: Bright #DESU2069854

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