NOT LISTED FOR SALE

10 Lighthouse Way Lewes, DE 19958

Estimated Value: $1,642,000 - $1,958,000

4 Beds
2 Baths
3,000 Sq Ft
$604/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $960,000 $320 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $9,911/month

Highlights

  • Beach
  • Open Floorplan
  • Coastal Architecture
  • Lewes Elementary School Rated A
  • Lake Privileges
  • 5-minute walk to Cape Henlopen State Park

About This Home

As of January 2020

This 4-bedroom, 2-bathroom Lewes beach house provides incredible water views! Multiple decks offer plenty of space for entertaining, outdoor dining, or sunbathing. The first and second floor both feature 9-foot ceilings and recessed lighting. The kitchen includes electric cooking, island, double sink, breakfast dining area, breakfast bar, and pantry. Just off the kitchen is the office nook, complete with a built-in desk and shelves. Living room highlights include built-in cabinets and bookshelves, a gas fireplace with mantle, and a sliding glass door which leads to a large outdoor deck. The master bedroom boasts a walk-in closet and private deck. Additionally, the master bathroom contains a tub with dual shower heads and double-sink vanity. Outdoor amenities include extensive hardscaping, landscaping, pergola, storage, private outdoor shower, rooftop deck with 360-degree views, and covered parking. This property lies in an unbeatable location just outside of Cape Henlopen State Park. Moreover, it is situated within 3 miles of shopping and dining opportunities in downtown Lewes and Lewes Canal Front Park.

Last Agent to Sell the Property

Carrie Lingo

(302) 645-2207 carrie@jacklingo.com Jack Lingo - Lewes License #RS-0017885 Listed on: 11/22/2019

Jack Lingo - Lewes

Last Buyer's Agent

Tracy Kelley

(302) 227-3883 tracy@jacklingo.com Jack Lingo - Rehoboth License #RA-0031023

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,975

Year Built

  • Built in 1999

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 32.00 x 170.00
  • Extensive Hardscape
  • Land Lease expires in 100 years
  • Property is zoned TN

HOA Fees

  • $208 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Shingle Roof
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 3,000 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Dining Area

Kitchen

  • Electric Oven or Range
  • Built-In Range
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Gravel Driveway

Outdoor Features

  • Outdoor Shower
  • Lake Privileges
  • Multiple Balconies
  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • 200+ Amp Service

Additional Features

  • More Than Two Accessible Exits
  • Flood Risk

Listing and Financial Details

  • Tax Lot 34
  • Assessor Parcel Number 335-05.00-51.00

Community Details

Overview

  • Association fees include common area maintenance, pier/dock maintenance, pool(s), road maintenance
  • Cape Shores Subdivision
  • Property Manager

Recreation

  • Beach
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,975

Year Built

Built in 1999

Lot Details

5,227 Sq Ft Lot

HOA Fees

$208 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: 2+ Access Exits
  • Ownership: Land Lease
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dryer, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Built-Ins, Carpet, Ceiling Fan(s), Dining Area, Floor Plan - Open, Kitchen - Island, Pantry, Recessed Lighting, Bathroom - Stall Shower, Bathroom - Tub Shower, Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Pilings
  • Levels Count: 3+
  • Basement: No
  • Total Sq Ft: 3000
  • Living Area Sq Ft: 3000
  • Price Per Sq Ft: 333.00
  • Above Grade Finished Sq Ft: 3000
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Exterior Features: Extensive Hardscape, Outside Shower
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway, Under Home Parking
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 2500.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Tennis Courts, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pier/Dock Maintenance, Pool(s), Road Maintenance
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Land Lease Amt Freq: Annually
  • Land Lease Years Remaining: 100
  • Lot Size Acres: 0.12
  • Lot Dimensions: 32.00 x 170.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5227.00
  • Outdoor Living Structures: Deck(s), Balconies- Multiple
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 1788.00
  • Tax Annual Amount: 1975.00
  • Assessor Parcel Number: 335-05.00-51.00
  • Tax Lot: 34
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2019
Closed on
Jan 31, 2020
Sold by
Donna Elaine Fischer Ret
Bought by
Siutman Metcalf
Seller's Agent
Carrie Lingo
Jack Lingo - Lewes
Buyer's Agent
Tracy Kelley
Jack Lingo - Rehoboth
List Price
$999,000
Sold Price
$960,000
Premium/Discount to List
-$39,000
-3.9%
Current Estimated Value
$1,812,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$852,096
Avg. Annual Appreciation
10.92%
Original Mortgage
$672,000
Outstanding Balance
$596,360
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$1,215,736

Purchase Details

Closed on
Oct 11, 1999
Bought by
Fischer-Scrivo Donna (Trustee)
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Siutman Metcalf $960,000 None Available
Fischer-Scrivo Donna (Trustee) $63,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Siutman Metcalf $672,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2020 01/31/20 Sold $960,000 -3.9% $320 / Sq Ft
11/22/2019 11/22/19 Pending -- -- --
11/22/2019 11/22/19 For Sale $999,000 -- $333 / Sq Ft
Source: Bright MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,296 $42,000 $7,750 $34,250
2024 $2,070 $42,000 $7,750 $34,250
2023 $2,068 $42,000 $7,750 $34,250
2022 $1,996 $42,000 $7,750 $34,250
2021 $1,978 $42,000 $7,750 $34,250
2020 $1,972 $42,000 $7,750 $34,250
2019 $1,975 $42,000 $7,750 $34,250
2018 $0 $42,000 $0 $0
2017 $1,766 $42,000 $0 $0
2016 $1,678 $42,000 $0 $0
2015 $1,603 $42,000 $0 $0
2014 $1,591 $42,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU151960

Bright MLS

APN: 335-05.00-51.00

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