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227 Race St

Georgetown, DE 19947

6 bd 2 ba 2,232 sqft Built 1914 Lot 7,200 sqft single_family
Most recent sale
$279,000
Oct 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 4, 2022 Sold $279,000 MLS #DESU2027930
Aug 24, 2022 Listed $279,000 MLS #DESU2027930
Jul 6, 2020 Sold $185,000 Public Record
Feb 26, 2007 Sold $182,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $83,250 $26,650 $109,900 $469
2024 $83,250 $26,650 $109,900 $419
2023 $8,650 $1,500 $10,150 $419
2022 $8,650 $1,500 $10,150 $412
2021 $8,650 $1,500 $10,150 $400
2020 $8,650 $1,500 $10,150 $382
2019 $8,650 $1,500 $10,150 $380
2018 $8,650 $1,500 $10,150 $384
2017 $8,650 $1,500 $10,150 $387
2016 $8,650 $1,500 $10,150 $341
2015 $8,650 $1,500 $10,150 $351
2014 $8,650 $1,500 $10,150 $346
2013 $8,650 $1,500 $10,150 $350
2012 $10,150 $336
2011 $10,150 $339

Property facts

Year built
1914
Property type
single_family
Stories
2
Beds
6
Baths
2
Living area
2,232 sqft
Lot size
7,200 sqft
ZIP code
19947
City
Georgetown
Street
Race St
Coordinates
38.68897, -75.38180

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,348
Gross rental yield
14.40%
Implied cap rate
9.36%
Trend-extrapolated value

Frequently asked questions

When did 227 Race St last sell?
227 Race St most recently sold on Oct 4, 2022 for $279,000.
What is the current tax assessment for 227 Race St?
The most recent total assessment for 227 Race St (year 2025) is $109,900 with $469 in property tax.
How does 227 Race St's assessment compare to its last sale price?
The current assessment is 60.6% below the last sale price of $279,000.
When was 227 Race St built?
227 Race St was built in 1914.
How does 227 Race St compare to others on Race St?
We track 8 other properties on Race St. Browse the list under "Other properties on Race St" to compare beds, baths, and sale history.
What are the property facts for 227 Race St?
227 Race St is a 6 bed, 2 bath, 2,232 sqft, 7,200 sqft lot single_family.
Is 227 Race St a flip candidate?
No — 227 Race St does not appear in our flips dataset.
Is 227 Race St a tax-appeal candidate?
No — 227 Race St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.5%
Implied 1-yr
+10.1%
2026 Q3
$505.9K
2026 Q4
$516.8K
ZIP 19947 — Median Price History + Forecast

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