401 Franklin St, Georgetown, DE 19947 Property Records

Sussex County property record for 401 Franklin St, Georgetown, DE 19947

Property Summary

Property Type	Condominium
Details	2 bd · 943 sqft · built 1986
Lot Size	0.08 acres (3,480 sqft)
Owner	Individual Name on Record
Last Sale	$180,000 (Aug 2023)
Tax Bill	$359 (2026)
Deeds & Mortgages	Aug 2023 Mortgage Oct 2019 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`135-19.07-10.00-2A`

Property Details

APN / Parcel Number

Primary APN	`135-19.07-10.00-2A`

Interior

Bedrooms	2 Beds
Plumbing Fixtures	5 Plumbing Fixtures
Total Rooms	5 Rooms
Stories	1 Story
Building Area	943 sqft Living Area
Elevator	Elevator

Exterior

Year Built	Built 1986
Effective Year Built	Effective 1986
Architectural Style	Condo/Apartment
Lot Area	3,480 sqft (0.08 acres)

Location & Zoning

Street Address	401 FRANKLIN ST
City	GEORGETOWN
State	DE
Zip	19947-1125
Property Category	Residential
Property Type	Residential > Condominium / Townhouse > Condominium
Local Zoning Code	TN
Legal Description	TEAL COURT UNIT 2A
Legal Subdivision	TEAL COURT TOWNHOUSES
Legal Unit	2
Jurisdiction	SUSSEX DE
Township / Civil Division	GEORGETOWN
Census Block Group	1
Census Block	1035
Census Tract	50503

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 Record	Individual Name on Record
Mailing Address	401 FRANKLIN ST, 2A, GEORGETOWN, DE 19947-1125
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Aug 8, 2023	Deed of Trust, Mortgage · Conventional Mortgage LOWER LLC
Oct 31, 2019	Grant Deed, Transfer · Conventional Mortgage RESIDENTIAL MTG SVC

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Aug 8, 2023 · Amount on Record
Deed Sale	Aug 8, 2023 · Amount on Record
Deed Document Number	202327761
Deed Book / Page	5953 / 131
Record Updated	Oct 29, 2026

August 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SUSSEX DE
Property Address	401 FRANKLIN ST, GEORGETOWN, DE 19947-1125
Transaction Type	Mortgage
Record Updated	Aug 29, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0219140060
Date	Aug 8, 2023
Book Page	21914/60
Instrument	2023000027762

Lender

Name	LOWER LLC
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Sep 1, 2053

October 2019: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	SUSSEX DE
Recording Date	Oct 31, 2019
Property Address	401 FRANKLIN ST, GEORGETOWN, DE 19947-1125
Document Number	0051450168
Book / Page	005145 / 000168
Instrument Date	Oct 28, 2019
Instrument	41226
Transaction Type	Transfer
Record Updated	Nov 26, 2019
Title Company	ATTORNEY ONLY

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$371.70
Amount Accuracy	Confirmed
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Sole Owner
Address	401 FRANKLIN ST #2A GEORGETOWN DE 199471125, 2A, GEORGETOWN, DE 19947-1125

Mortgage

Document Number	179120098
Date	Oct 31, 2019
Book Page	017912/000098
Instrument	41227

Lender

Name	RESIDENTIAL MTG SVC
Type	Mortgage Company
Address	SOUTH PORTLAND, ME 04106

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Oct 30, 2049

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Delaware
County	Sussex County
Municipality	Georgetown Town
Unified School District	Indian River School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$359.00 (-0.55%)	$12,700 (-) Building $12,700	$163,400 (-) Land $23,100 Building $140,300
2025	$361.00 (-36.11%)	$12,700 (-) Building $12,700	$163,400 (+509.7%) Land $23,100 Building $140,300
2023	$565.00	$12,700 Building $12,700	$26,800 Land $1,400 Building $25,400

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 Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	1 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 Risk	Low lower than 80% of the US · above 47% of Delaware
Wildfire Likelihood	0.01% annual chance
Exposure	None beyond 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 System	GEORGETOWN WATER DEPARTMENT serves 7,259 people · EPA ID DE0000592
Water Source	Groundwater
Last State Inspection	Feb 2023
Lead	Under 1 ppb (2021–2023) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None 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 263 locations within half a mile, as of December 31, 2025

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

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