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$275,000
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Property Description
Welcome home to 306 N Margaret St! Move-in ready and waiting for it's next owner to come and introduce themselves, this 2 bedroom 1 bathroom home is the perfect fit to start your journey in homeownership, or even the perfect down-size home, with everything you need, with nothing you don't! As you enter, you're greeted by warm hardwood floors spanning the entirety of the home, convenient for cleaning and a timeless charm. A large galley window adorned with a stone counter joins the kitchen and living room, offering an open-floor concept, while maintaining the fluidity of a traditional floor plan, offering you the best of both worlds without the stress of figuring how to arrange your furniture. The kitchen features stone countertops, tile backsplash, laundry closet, and an access door from the attached single car garage. Also featuring 2 generously sized bedrooms large enough to accommodate king-sized beds, a bathroom with a walk-in shower equipped with safety bars, and numerous recent updates to help you focus on enjoying your new home. Updates include a metal roof installed in 2018, water heater installed in 2017, complete crawlspace encapsulation, routinely-maintained ductless HVAC systems(mini-splits), and 2 separate outbuildings for tons of addtional storage! One outbuilding features an overhead door, and could be suitable for additional parking. Located in town limits of the heart of Sussex County, Georgetown is the perfect mix of something old, and something new. With charming historical buildings throughout, enjoy that small-town feel with a plethora of local restaurants, tax-free shopping, and less than an hour from the coastal Delaware beaches, all while remaining within a 2 hour drive of major metropolitan areas such as Baltimore, DC, and Philadelphia. This home is best appreciated in-person, so be sure to schedule a private tour today!
Full Property Details
Full Property Details for 306 N Margaret St
General
- Sold For: $275,000
- Taxes: $458 (2025)
- Status: Closed
- Type: Single Family
- Source: BrightMLSMidAtlantic
- MLS ID: DESU2106858
- Added to Site: 66 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Combination Kitchen/Dining, Entry Level Bedroom, Family Room Off Kitchen, Wood Floors
- Appliances: Dryer - Front Loading, Oven/Range - Electric, Refrigerator, Washer - Front Loading, Water Heater
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main & Up: 2
Other Rooms
- Laundry: Has Laundry
Parking
- Total Spaces: 4
- Parking Features: Paved Driveway
- Parking Type: Driveway
Location
- Area: Georgetown Hundred (31006)
- County: SUSSEX
- Subdivision: WILLIAMS ADDN
- Driving Directions: Heading northeast on W Market St from Route 113/Dupont Blvd, turn left onto N Margaret St. home will 4 blocks ahead on the right hand side. No sign in yard.
- City Limits: Yes
School Information
- School District: Indian River
Heating & Cooling
- Cooling Type: Ductless/Mini-Split
- Cooling Fuel: Electric
- Heating Type: Other, Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available
Structural Information
- Architectural Style: Ranch/Rambler
- Structure Type: Detached
- Construction: Frame, Aluminum Siding
- Foundation: Block, Crawl Space
- Roof: Metal
- Walls/Ceilings: Dry Wall
- Stories Description: Main
- Square Feet: 864
- Sq. Ft. Source: Assessor
- Living Area: 864 Sq. Ft.
- Finished Above Grnd: 864 Sq. Ft.
- Year Built: 1992
- Year Built Source: Assessor
- Property Condition: Excellent
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,970
- Lot Size Source: Assessor
- Lot Dimensions: 60.00 x 120.00
- Zoning: TN
Financial Considerations
- Price Per Sq. Ft.: $335.53
- Assessment Year: 2025
- School Tax: $412
- City/TownTax Freq: Annually
- County Tax: $46
- County Tax Freq: Annually
- Tax w/Assessment: $214,100
- Tax Amount: $458
- Tax Year: 2025
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 864
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Owners personal property
- Inclusions: Storage sheds on property, all appliances convey
- Lot Number: 77
Listed by EXP Realty, LLC, William R Brown
Sold by The Lisa Mathena Group, Inc., Claudia C. Sosa-Ducote
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Schools
Schools serving 306 N Margaret St
School District:Indian River School District
| Name | Grades | Distance |
|---|---|---|
Georgetown Elementary School 301 West Market Street, Georgetown, DE 19947 | PK-5 | 0.4 mi |
Georgetown Middle School 301 West Market Street, Georgetown, DE 19947 | 6-8 | 0.4 mi |
Sussex Central High School, Georgetown, DE 26026 Patriots Way, Georgetown, DE 19947 | 8-12 | 5.5 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 306 N Margaret St
Date
Details
Price
Change
Source
4/30/2026
Sold
$275,000
-5.14%
MLS
3/11/2026
Listed
$289,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
306 N Margaret Street, Georgetown, DE 19947 (MLS# DESU2106858) is a Single Family property that was sold at $275,000 on April 30, 2026. Want to learn more about 306 N Margaret Street? Do you have questions about finding other Single Family real estate for sale in Georgetown? You can browse all Georgetown real estate or contact a Coldwell Banker agent to request more information.

