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$120,000
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Property Description
Investor Opportunity! New price reduction! Situated on a spacious ¾-acre lot in the quiet back section of Riverdale Estates, this property offers excellent potential as a rental investment or as your own residence. The home enjoys a private setting while remaining conveniently close to Route 13, schools, and shopping. Recent major upgrades include: New septic system (2016) Last pumped in 2023 Metal roof (2021) Hot water heater (2019) Well system (2016) With these key components already updated, the foundation is in place for restoration. The home does require cosmetic updates and some floor repair, making it an ideal project for an investor or buyer with vision. Please note: this is a cash-only sale due to the mobile home being moved more than once and the title not being retired. Property is being sold strictly as-is.
Full Property Details
Full Property Details for 228 Gelden Rd
General
- Sold For: $120,000
- Taxes: $475 (2024)
- Status: Closed
- Type: Single Family
- Source: BrightMLSPhilly
- MLS ID: DEKT2040388
- Added to Site: 204 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main & Up: 3
Parking
- Total Spaces: 4
- Parking Type: Driveway, On Street
Location
- Area: Lake Forest (30804)
- County: Kent
- Development Name: Riverdale Ests
- Subdivision: Riverdale Ests
- Building Name: NONE
- Driving Directions: GPS = 228 Gelden Rd, Felton, DE 19943
School Information
- School District: Lake Forest
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Heat Pump - Electric BackUp
- Heating Fuel: Propane - Leased
- Water Heater: Electric
Utilities
- Sewer: Low Pressure Pipe (LPP)
- Water: Well
Structural Information
- Architectural Info: Modular/Pre-Fabricated
- Architectural Style: Modular/Pre-Fabricated
- Structure Type: Manufactured
- Construction: Modular/Manufactured, Vinyl Siding
- Foundation: Other
- Roof: Metal
- Stories/Levels: 0
- Stories Description: Main
- Square Feet: 1,092
- Sq. Ft. Source: Assessor
- Living Area: 1,092 Sq. Ft.
- Finished Above Grnd: 1,092 Sq. Ft.
- Year Built: 2002
- Year Built Source: Assessor
- Property Condition: Below Average, Average
Lot Features
- Lot Size (Acres): 0.73
- Lot Size (Sq. Ft.): 31,799
- Lot Size Source: Assessor
- Lot Dimensions: 72.50 x 256.57
- Zoning: RMH
Financial Considerations
- Price Per Sq. Ft.: $132.78
- Assessment Year: 2024
- School Tax: $357
- City/TownTax Freq: Annually
- County Tax: $75
- County Tax Freq: Annually
- Tax w/Assessment: $132,600
- Tax Amount: $475
- Tax Year: 2024
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 1092
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: AS IS
- Inclusions: AS IS
- Lot Number: 2800-000
Listed by Keller Williams Realty Central-Delaware, John D Maxwell
Sold by Bryan Realty Group, Aaron Layton
Get Pre-Approved Today
Schools
Schools serving 228 Gelden Rd
School District:Lake Forest School District
| Name | Grades | Distance |
|---|---|---|
Lake Forest North Elementary School 319 East Main Street, Felton, DE 19943 | PK-4 | 2.2 mi |
Lake Forest Central Elementary School 5424 Killens Pond Road, Felton, DE 19943 | 4-5 | 3.7 mi |
Chipman (W.T.) Middle School 101 West Center Street, Harrington, DE 19952 | 6-8 | 7.5 mi |
Lake Forest High School 5407 Killens Pond Road, Felton, DE 19943 | 8-12 | 4.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 228 Gelden Rd
Date
Details
Price
Change
Source
11/14/2025
Sold
$120,000
-17.24%
MLS
9/13/2025
Price Reduced
$145,000
-3.33%
MLS
8/23/2025
Listed
$150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
228 Gelden Road, Felton, DE 19943 (MLS# DEKT2040388) is a Single Family property that was sold at $120,000 on November 14, 2025. Want to learn more about 228 Gelden Road? Do you have questions about finding other Single Family real estate for sale in Felton? You can browse all Felton real estate or contact a Coldwell Banker agent to request more information.

