402 Franklin St, Georgetown, DE 19947 Property Records

Sussex County property record for 402 Franklin St, Georgetown, DE 19947

Property Summary

Property Type	Condominium
Details	2 bd · 546 sqft · built 1986
Lot Size	0.08 acres (3,480 sqft)
Owner	Company Name on Record
Last Sale	$166,500 (Sep 2024)
Tax Bill	$353 (2026)
Deeds & Mortgages	Mar 2024 Foreclosure Mar 2020 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`135-19.07-10.00-1C`

Property Details

APN / Parcel Number

Primary APN	`135-19.07-10.00-1C`

Interior

Bedrooms	2 Beds
Plumbing Fixtures	7 Plumbing Fixtures
Total Rooms	5 Rooms
Units	11 Units
Stories	2 Stories
Building Area	546 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	402 FRANKLIN ST
City	GEORGETOWN
State	DE
Zip	19947-1126
Property Category	Residential
Property Type	Residential > Condominium / Townhouse > Condominium
Local Zoning Code	TN
Legal Description	TEAL COURT UNIT 1C
Legal Subdivision	GEORGETOWN
Legal Unit	1
Jurisdiction	SUSSEX DE
Township / Civil Division	LEWES
Census Block Group	2
Census Block	2001
Census Tract	50904

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Historic District	Within the Lewes Historic District (Boundary Increase) listed 1992 · 520 contributing resources · NRIS 92000462

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

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	Company Name on Record
Mailing Address	13 E LAUREL ST, GEORGETOWN, DE 19947-1435
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Mar 20, 2024	Sheriff's Deed, Foreclosure
Mar 20, 2020	Deed of Trust, Mortgage · FHA Mortgage EVOLVE BK&TR
Dec 21, 2018	Trustee's Deed, Foreclosure ATTORNEY ONLY

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Sep 4, 2024 · Amount on Record
Deed Sale	Sep 4, 2024 · Amount on Record
Prior Sale	Mar 20, 2024 · Amount on Record
Deed Document Number	202430829
Deed Book / Page	6162 / 245
Prior Transfer Date	Feb 28, 2024
Prior Transfer Doc	0060710106
Record Updated	Oct 29, 2026

March 2024: Sheriff's Deed, Foreclosure

Document Type	Sheriff's Deed
Jurisdiction	SUSSEX DE
Recording Date	Mar 20, 2024
Property Address	402 FRANKLIN ST, GEORGETOWN, DE 19947-1126
Document Number	0060710106
Book / Page	6071 / 106
Instrument Date	Feb 28, 2024
Instrument	2024000008995
Transaction Type	Foreclosure
Record Updated	Apr 9, 2024

Transaction

Amount	Amount Recorded
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Notice of Foreclosure Sale

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	951 W YAMATO RD, BOCA RATON, FL 33431-4439

March 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SUSSEX DE
Property Address	402 FRANKLIN ST, GEORGETOWN, DE 19947-1126
Document Number	0183300231
Instrument Date	Mar 20, 2020
Transaction Type	Mortgage
Record Updated	May 8, 2020
Title Company	ATTORNEY ONLY

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	402 FRANKLIN ST GEORGETOWN DE 199471126, GEORGETOWN, DE 19947-1126

Mortgage

Document Number	0183300231
Date	Apr 27, 2020
Book Page	018330/000231
Instrument	17009

Lender

Name	EVOLVE BK&TR
Type	Bank
Address	MEMPHIS, TN 38119

Agreement

Type	FHA Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Apr 26, 2050

December 2018: Trustee's Deed, Foreclosure

Document Type	Trustee's Deed
Jurisdiction	SUSSEX DE
Recording Date	Dec 21, 2018
Property Address	402 FRANKLIN ST, GEORGETOWN, DE 19947-1126
Document Number	0049960233
Book / Page	004996 / 000233
Instrument Date	Sep 24, 2018
Instrument	46980
Transaction Type	Foreclosure
Record Updated	Feb 7, 2019
Title Company	ATTORNEY ONLY

Transaction

Amount	Amount Recorded
Tax	$270.00
Amount Accuracy	Confirmed

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Association
Investor	Possibly a Property Investor

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Delaware
County	Sussex County
Municipality	Lewes City
Unified School District	Cape Henlopen School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$353.00 (-0.28%)	$19,400 (-) Building $19,400	$166,000 (-) Land $23,100 Building $142,900
2025	$354.00 (-57.96%)	$19,400 (-) Building $19,400	$166,000 (+312.94%) Land $23,100 Building $142,900
2023	$842.00	$19,400 Building $19,400	$40,200 Land $1,400 Building $38,800

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
Nearest Special Flood Hazard Area	Zone AE, within 500 ft
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on Record median of 65 policies
Community Rating System	Class 8 (10% premium discount)
Nearby Flood Policies	65 in force
Nearby Flood Claims	3 (1992–2012)
Most Recent Claim	Oct 2012 · Hurricane Sandy

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	LEWES BOARD OF PUBLIC WORKS serves 9,627 people · EPA ID DE0000602
Water Source	Groundwater
Last State Inspection	Apr 2024
Lead	22 ppb (2026) 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 531 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Glo Fiber Fiber	8,000 / 8,000
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless · Fiber in parts of the area	300 / 20
AT&T Fixed Wireless	100 / 20

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