NOT LISTED FOR SALE

11 Oregon Ave Lewes, DE 19958

Estimated Value: $835,000 - $1,350,000

5 Beds
3 Baths
1,892 Sq Ft
$635/Sq Ft Est. Value

Last Sold November 02, 2018

Last sale price $850,000 $449 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $6,515/month

16 Days on Market

Highlights

  • Water Views
  • Beach
  • Cape Cod Architecture
  • Lewes Elementary School Rated A
  • Water Oriented
  • Deck

About This Home

As of November 2018

JUST STEPS FROM THE SANDS OF LEWES BEACH! This 5-bedroom Cape Cod is the perfect rental property or beach getaway! Features coastal accents throughout with light hardwood flooring, peaks of the bay from the second level, and more! Located on a private corner lot, only 1 block from the bay beach, with a generously sized backyard with patio, pergola, outdoor brick fireplace, large 2nd level deck, and outdoor shower; plus, convenient off-street parking with spacious driveway and detached garage. This great location also lends easy access to both the beach and downtown Lewes! Don t miss this fantastic investment opportunity call today!

Last Agent to Sell the Property

Lee Ann Wilkinson

(302) 645-6661 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064 Listed on: 09/17/2018

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

DAVID LURTY

(302) 645-6661 Lurtyteam@gmail.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0003398

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,636

Year Built

  • Built in 1938

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 100 x 60 x 100 x 60
  • Landscaped
  • Corner Lot
  • Back, Front, and Side Yard
  • Land Lease expires in 99 years
  • Property is zoned TN, Town Codes

Parking

  • 1 Car Detached Garage
  • 6 Open Parking Spaces
  • Front Facing Garage
  • Driveway

Property Views

  • Water
  • Garden

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Wood Siding
  • Shingle Siding
  • Stick Built Home

Interior Spaces

  • 1,892 Sq Ft Home
  • Property has 2 Levels
  • Built-In Features
  • Paneling
  • Recessed Lighting
  • Fireplace Mantel
  • Gas Fireplace
  • Window Treatments
  • Window Screens
  • Living Room
  • Dining Room
  • Loft
  • Crawl Space

Kitchen

  • Country Kitchen
  • Gas Oven or Range
  • Microwave

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • En-Suite Bathroom

Laundry

  • Laundry on main level
  • Stacked Washer and Dryer

Outdoor Features

  • Outdoor Shower
  • Water Oriented
  • Property near a bay
  • Deck
  • Patio
  • Outbuilding

Location

  • Flood Risk

Utilities

  • Cooling System Utilizes Bottled Gas
  • Forced Air Zoned Heating and Cooling System
  • Back Up Gas Heat Pump System
  • Vented Exhaust Fan
  • Tankless Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 23.00
  • Assessor Parcel Number 335-04.15-23.00

Community Details

Overview

  • No Home Owners Association
  • Lewes Beach Subdivision

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,636

Year Built

Built in 1938

Lot Details

6,000 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Land Lease
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Exhaust Fan, Microwave, Oven/Range - Gas, Refrigerator, Washer/Dryer Stacked, Washer, Water Heater - Tankless
  • Flooring Type: Hardwood, Carpet, Laminated, Wood
  • Interior Amenities: Carpet, Built-Ins, Dining Area, Entry Level Bedroom, Kitchen - Country, Primary Bath(s), Recessed Lighting, Window Treatments, Wood Floors
  • Window Features: Screens
  • Fireplace Features: Mantel(s), Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Paneled Walls
  • Foundation Details: Crawl Space, Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 4, Bedroom 5, Kitchen, Bedroom 1, Loft, Bathroom 1, Bathroom 2, Primary Bathroom
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1892
  • Living Area Sq Ft: 1892
  • Price Per Sq Ft: 475.63
  • Above Grade Finished Sq Ft: 1892
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Frame, Shingle Siding, Stick Built, Wood Siding
  • Exterior Features: Outbuilding(s), Outside Shower, Street Lights
  • Roof: Architectural Shingle
  • View: Garden/Lawn, Water
  • Water Access: No
  • Water Body Name: Lewes Beach
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 6
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric, Bottled Gas/Propane
  • Heating Type: Zoned, Forced Air, Heat Pump - Gas Backup
  • Heating: Yes
  • Hot Water: Tankless
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Lease Amt Freq: Annually
  • Land Lease Years Remaining: 99
  • Lot Features: Corner, Front Yard, Landscaping, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.14
  • Lot Dimensions: 100 x 60 x 100 x 60
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6000.00
  • Outdoor Living Structures: Patio(s), Deck(s)
  • Zoning: TN
  • Zoning Description: Town Codes
  • In City Limits: Yes

Rental Info

  • Total Actual Rent: 22000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5212868
  • School Tax: 827.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1636.00
  • Assessor Parcel Number: 335-04.15-23.00
  • Tax Lot: 23.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

Multi Family

  • Federal Flood Zone: AE-8

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2012
Closed on
Dec 31, 2012
Sold by
Lamotte Richard and Lamotte Nancy
Bought by
Caruso Richard F and Caruso Teresa J
Seller's Agent
Dustin Oldfather
Compass
Buyer's Agent
Laurie Bronstein
Berkshire Hathaway HomeServices PenFed Realty
List Price
$690,000
Sold Price
$690,000
Current Estimated Value
$1,201,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$511,753
Avg. Annual Appreciation
4.28%
Original Mortgage
$414,000
Outstanding Balance
$78,834
Interest Rate
3.36%
Estimated Equity
$1,122,919

Purchase Details

Listed on
Mar 15, 2012
Closed on
Dec 28, 2012
Sold by
Lamotte Richard and Lamotte Nancy
Bought by
Caruso Richard F and Caruso Teresa J
Seller's Agent
Dustin Oldfather
Compass
Buyer's Agent
Laurie Bronstein
Berkshire Hathaway HomeServices PenFed Realty
List Price
$690,000
Sold Price
$690,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,000
Outstanding Balance
$78,834
Interest Rate
3.36%
Estimated Equity
$1,122,919
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
Caruso Richard F $690,000 --
Caruso Richard F $690,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caruso Richard F $414,000
Closed Caruso Richard F $414,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/02/2018 11/02/18 Sold $850,000 -5.5% $449 / Sq Ft
10/03/2018 10/03/18 Pending -- -- --
09/17/2018 09/17/18 For Sale $899,900 +30.4% $476 / Sq Ft
12/28/2012 12/28/12 Sold $690,000 0.0% $365 / Sq Ft View Prior Sale
12/28/2012 12/28/12 Pending -- -- --
03/15/2012 03/15/12 For Sale $690,000 -- $365 / 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 $2,318 $20,950 $9,000 $11,950
2024 $1,033 $20,950 $9,000 $11,950
2023 $1,032 $20,950 $9,000 $11,950
2022 $996 $20,950 $9,000 $11,950
2021 $3 $20,950 $9,000 $11,950
2020 $984 $20,950 $9,000 $11,950
2019 $985 $20,950 $9,000 $11,950
2018 $920 $20,950 $0 $0
2017 $881 $20,950 $0 $0
2016 $837 $20,950 $0 $0
2015 $800 $20,950 $0 $0
2014 $794 $20,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1005024004

Bright MLS

APN: 335-04.15-23.00

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