115 E Market St, Georgetown, DE 19947 Property Records

Sussex County property record for 115 E Market St, Georgetown, DE 19947

Property Summary

Property TypeCommercial
Lot Size0.182 acres (7,919 sqft)
OwnerCompany Name on Record
Last Sale$410,000 (Jun 2017)
Tax Bill$454 (2026)
Deeds & MortgagesApr 2024 Mortgage
Jun 2017 Sale
Flood ZoneZone X (minimal risk)
APN135-14.20-212.00

Property Details

APN / Parcel Number

Primary APN135-14.20-212.00

Exterior

Lot Area7,919 sqft (0.182 acres)
Lot Dimensions240 ft deep x 33 ft wide

Location & Zoning

Street Address115 E MARKET ST
CityGEORGETOWN
StateDE
Zip19947-1405
Property CategoryCommercial
Property TypeCommercial > Retail
Local Zoning CodeTN
Legal DescriptionSW 1/2 OF LOT 133 P/O LOTS 135 136
Legal SubdivisionGEORGETOWN
Legal Lot Number133,135
JurisdictionSUSSEX DE
Township / Civil DivisionGEORGETOWN
Census Block Group3
Census Block3036
Census Tract50503

Owner

Source: Sussex County records, as of September 18, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on Record
Mailing Address17 LOBLOLLY LN, GEORGETOWN, DE 19947-3811
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

DateDocument
Apr 3, 2024Deed of Trust, Mortgage
JOHN SCHATZSCHNEIDER
Jun 30, 2017Deed, Transfer

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJun 30, 2017 · Amount on Record
Deed SaleJun 30, 2017 · Amount on Record
Deed Document Number201724647
Deed Book / Page4731 / 212
Record UpdatedOct 29, 2026

April 2024: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionSUSSEX DE
Property Address115 E MARKET ST, GEORGETOWN, DE 19947-1405
Transaction TypeMortgage
Record UpdatedApr 22, 2024

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0223180250
DateApr 3, 2024
Book Page22318/250
Instrument2024000010975
Lender
NameJOHN SCHATZSCHNEIDER
Agreement
AmountAmount Recorded

June 2017: Deed, Transfer

Document TypeDeed
JurisdictionSUSSEX DE
Recording DateJun 30, 2017
Property Address115 E MARKET ST, GEORGETOWN, DE 19947-1405
Document Number0047310212
Book / Page4731 / 212
Map ReferenceMB 105 PG 012
Instrument DateJun 21, 2017
Instrument24647
Transaction TypeTransfer
Record UpdatedAug 24, 2021

Transaction

AmountAmount Recorded
Tax$6,150.00
Amount AccuracyCalculated from Transfer Tax
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address4 JAIMES CT, 4, MILLSBORO, DE 19966-9698

Transferred To (Grantee/Buyer)

NameVerified Name
Address17 LOBLOLLY LN, GEORGETOWN, DE 19947-3811

Tax Assessment & Valuation

Source: Sussex County assessment roll, as of September 18, 2026

Property Jurisdictions

TypeName
StateDelaware
CountySussex County
MunicipalityGeorgetown Town
Unified School DistrictIndian River School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$454.00 (-0.44%)$18,750 (-) Land $3,950 Building $14,800$213,700 (-) Land $113,200 Building $100,500
2025$456.00 (-41.09%)$18,750 (-) Land $3,950 Building $14,800$213,700 (+469.87%) Land $113,200 Building $100,500
2023$774.00$18,750 Land $3,950 Building $14,800$37,500 Land $7,900 Building $29,600

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective August 17, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies5 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 80% of the US · above 47% of Delaware
Wildfire Likelihood0.01% annual chance
ExposureIndirect
within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemGEORGETOWN WATER DEPARTMENT
serves 7,259 people · EPA ID DE0000592
Water SourceGroundwater
Last State InspectionFeb 2023
LeadUnder 1 ppb (2021–2023)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 314 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 250
Verizon
Fixed Wireless
300 / 20

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