Seller's Agent in 2021
Ian Blyth
Coldwell Banker Realty
(302) 569-2352
7 in this area
42 Total Sales
Estimated Value: $764,641 - $2,727,000
6
Beds
4
Baths
6,000
Sq Ft
$290/Sq Ft
Est. Value
Highlights
- Water Oriented
- Harbor Views
- Curved or Spiral Staircase
- Lewes Elementary School Rated A
- Commercial Range
- 1-minute walk to Zwaanendsle Park
About This Home
As of March 2021Very Rare Opportunity - Own an historic piece of downtown Lewes, Situated on the corner of Savannah Road and 2nd Street, this beautiful 130 year old building is a focal point for anyone visiting the restaurant and shopping district in the heart of Delaware's first town. This iconic building is restaurant ready and comes with a floorplan that includes outdoor seating, a veranda, an indoor/outdoor bar, a floor to ceiling glassed fronted dining room and two transferable liquor licenses. An owner operated or investor ready property, ready to make its mark again as the go-to spot for dining and entertainment. This wont last long, a one-of-a-kind location like no other.
Last Agent to Sell the Property
(302) 569-2352 ianblyth2003@yahoo.com Coldwell Banker Realty License #RS0025973 Listed on: 09/23/2020
Last Buyer's Agent
(302) 278-6726 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,573
Year Built
- Built in 1894 | Remodeled in 2019
Lot Details
- Downtown Location
- Historic Home
- Property is in very good condition
- Property is zoned COMMERCIAL / RESIDENTIAL
Parking
- On-Street Parking
Property Views
- Harbor
- Canal
Home Design
- Architectural Shingle Roof
Interior Spaces
- 6,000 Sq Ft Home
- Property has 4 Levels
- Furnished
- Curved or Spiral Staircase
- Dual Staircase
- Built-In Features
- Bar
- High Ceiling
- Ceiling Fan
- 2 Fireplaces
- Wood Frame Window
- French Doors
- Dining Area
- Attic
- Unfinished Basement
Kitchen
- Double Oven
- Commercial Range
- Built-In Range
- Ice Maker
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 6 Bedrooms
Accessible Home Design
- Mobility Improvements
Outdoor Features
- Water Oriented
- Property is near a canal
Schools
- Lewes Elementary School
- Beacon Middle School
- Cape Henlopen High School
Utilities
- Heating System Uses Oil
- Heat Pump System
- 220 Volts
- 200+ Amp Service
- Electric Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Lewes Harbor Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 23, 2020
Closed on
Mar 16, 2021
Sold by
Gates Fmly Prtnrshp Llc
Bought by
Bbd Properties Llc
Seller's Agent
Ian Blyth
Coldwell Banker Realty
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$2,295,000
Sold Price
$1,650,000
Premium/Discount to List
-$645,000
-28.1%
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
$91,660
Avg. Annual Appreciation
1.18%
Purchase Details
Closed on
Jul 11, 2016
Sold by
The Savannah Group Llc
Bought by
Gates Family Partnership Llc
Purchase Details
Closed on
Jul 8, 2016
Sold by
The Savannah Group Llc
Bought by
Gates Family Partnership Llc
Purchase Details
Closed on
Oct 9, 1998
Bought by
Savannah Group Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bbd Properties Llc | $800,000 | None Available | |
| Gates Family Partnership Llc | $1,230,000 | None Available | |
| Gates Family Partnership Llc | $1,230,000 | None Available | |
| Savannah Group Llc | $400,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/16/2021 03/16/21 | Sold | $1,650,000 | -17.3% | $275 / Sq Ft |
| 03/01/2021 03/01/21 | Pending | -- | -- | -- |
| 12/28/2020 12/28/20 | Price Changed | $1,995,000 | -13.1% | $333 / Sq Ft |
| 09/23/2020 09/23/20 | For Sale | $2,295,000 | -- | $383 / 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 | $3,573 | $27,300 | $8,000 | $19,300 |
| 2024 | $1,346 | $27,300 | $8,000 | $19,300 |
| 2023 | $1,344 | $27,300 | $8,000 | $19,300 |
| 2022 | $1,298 | $27,300 | $8,000 | $19,300 |
| 2021 | $1,286 | $27,300 | $8,000 | $19,300 |
| 2020 | $1,282 | $27,300 | $8,000 | $19,300 |
| 2019 | $1,284 | $27,300 | $8,000 | $19,300 |
| 2018 | $1,199 | $27,300 | $0 | $0 |
| 2017 | $1,148 | $27,300 | $0 | $0 |
| 2016 | $1,091 | $27,300 | $0 | $0 |
| 2015 | $1,042 | $27,300 | $0 | $0 |
| 2014 | $1,034 | $27,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ian Blyth
-
Lee Ann Wilkinson
Buyer's Agent in 2021
Lee Ann Wilkinson
BHHS PenFed (actual)
(302) 278-6726
1,066 in this area
1,870 Total Sales
Map
Source: Bright MLS
MLS Number: DESU169808
APN: 335-08.08-46.00
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