Seller's Agent in 2023
DEBBIE REED
RE/MAX
(302) 227-3818
242 in this area
827 Total Sales
Estimated Value: $490,323 - $608,000
4
Beds
3
Baths
2,500
Sq Ft
$229/Sq Ft
Est. Value
Highlights
- In Ground Pool
- View of Trees or Woods
- Deck
- Love Creek Elementary School Rated A
- 1 Acre Lot
- Secluded Lot
About This Home
As of August 2023Privacy & Serenity in Lewes! The 1-acre homesite is hidden among lush trees on quiet cul-de-sac providing a peaceful retreat away from it all. A welcoming front porch greets you as you enter to a formal dining room, a great room with a gas fireplace and a kitchen with granite counters, stainless steel appliances and island seating. The 1st floor primary bedroom opens to the rear deck & pool area and has a large ensuite bath with double vanities, a soaking tub and separate shower. There is a convenient 2nd bedroom and full bath on the 1st floor. The second level has two bedrooms, a full bath, and on the other side of the home you will find a large bonus room over the garage. Several storage areas can be accessed the the 2nd floor bedroom closets, the bonus room and the pull down attic. Bay Oaks is tranquil wooded community with low HOA fees, close to beaches, boating, shopping, dining and more. The Seller (original owner) has taken good care of the property but is offering the home in “as is” condition and will provide a $10,000 credit toward pool repairs.
Last Agent to Sell the Property
(302) 227-3818 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 06/28/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,647
Year Built
- Built in 2004
Lot Details
- 1 Acre Lot
- North Facing Home
- Secluded Lot
- Backs to Trees or Woods
- Property is zoned MR
HOA Fees
- $21 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- 4 Driveway Spaces
- Garage Door Opener
Property Views
- Woods
- Garden
Home Design
- Traditional Architecture
- Entry on the 1st floor
- Frame Construction
- Vinyl Siding
Interior Spaces
- 2,500 Sq Ft Home
- Property has 2 Levels
- Partially Furnished
- Ceiling Fan
- Recessed Lighting
- Gas Fireplace
- Entrance Foyer
- Family Room Off Kitchen
- Living Room
- Dining Room
- Bonus Room
- Crawl Space
Kitchen
- Breakfast Area or Nook
- Electric Oven or Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Upgraded Countertops
Flooring
- Engineered Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
- Walk-In Closet
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- In Ground Pool
- Deck
- Shed
- Porch
Utilities
- Central Air
- Heat Pump System
- Heating System Powered By Leased Propane
- Well
- Electric Water Heater
- Capping Fill
- Cable TV Available
Community Details
- Association fees include snow removal
- Bay Oaks Subdivision
Listing and Financial Details
- Tax Lot 13
- Assessor Parcel Number 234-12.00-214.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 28, 2023
Closed on
Aug 2, 2023
Sold by
Borradaile Gilbert C
Bought by
Ivey Robert D and Ivey Darlene D
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Trish Himelright
Northrop Realty
List Price
$549,000
Sold Price
$529,000
Premium/Discount to List
-$20,000
-3.64%
Views
373
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,581
Avg. Annual Appreciation
3.73%
Original Mortgage
$423,200
Outstanding Balance
$413,557
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$159,024
Purchase Details
Closed on
Aug 15, 2001
Bought by
Borradaile Gilbert C Jr Dorothy J
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ivey Robert D | $529,000 | None Listed On Document | |
| Borradaile Gilbert C Jr Dorothy J | $48,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ivey Robert D | $423,200 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/02/2023 08/02/23 | Sold | $529,000 | 0.0% | $212 / Sq Ft |
| 07/04/2023 07/04/23 | Price Changed | $529,000 | -3.6% | $212 / Sq Ft |
| 06/28/2023 06/28/23 | For Sale | $549,000 | -- | $220 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,261 | $34,650 | $3,500 | $31,150 |
| 2024 | $1,708 | $34,650 | $3,500 | $31,150 |
| 2023 | $1,206 | $34,650 | $3,500 | $31,150 |
| 2022 | $1,147 | $34,650 | $3,500 | $31,150 |
| 2021 | $1,232 | $34,650 | $3,500 | $31,150 |
| 2020 | $1,227 | $34,650 | $3,500 | $31,150 |
| 2019 | $1,629 | $34,650 | $3,500 | $31,150 |
| 2018 | $1,522 | $34,650 | $0 | $0 |
| 2017 | $1,457 | $34,650 | $0 | $0 |
| 2016 | $1,384 | $34,650 | $0 | $0 |
| 2015 | $1,323 | $34,650 | $0 | $0 |
| 2014 | $1,313 | $34,650 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
DEBBIE REED
-
Trish Himelright
Buyer's Agent in 2023
Trish Himelright
Creig Northrop Team of Long & Foster
(302) 542-4630
1 in this area
25 Total Sales
Map
Source: Bright MLS
MLS Number: DESU2043564
APN: 234-12.00-214.00
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