NOT LISTED FOR SALE

114 Madison Dr Lewes, DE 19958

Estimated Value: $530,000 - $583,000

3 Beds
2 Baths
2,000 Sq Ft
$282/Sq Ft Est. Value

Sale Details

Date Sold: September 23, 2024

Last sale price $563,000 $282 Per Sq Ft

Current estimated payment $3,125 / mo

4 Days on Market

Highlights

  • Parking available for a boat
  • Gourmet Kitchen
  • Open Floorplan
  • Lewes Elementary School Rated A
  • 0.57 Acre Lot
  • Rambler Architecture

About This Home

As of September 2024

Beautifully remodeled gourmet kitchen and updated baths, an added 3 season sunroom and a large, private fenced in yard are a few of the features that make this property Home. Open gathering areas in the center of house are bookended by a primary en-suite bedroom and 2 additional bedrooms sharing a full hall bath. Conveniently located in an established community without an HOA. This well cared for property is move-in ready. Come take a look!

Last Agent to Sell the Property

Elyse Maher

(302) 541-8787 ellie4beaches@gmail.com Iron Valley Real Estate at The Beach License #RS0025529 Listed on: 08/18/2024

Iron Valley Real Estate at The Beach

Last Buyer's Agent

Paula Williams

(302) 539-9040 molly@seasideseven.com Long & Foster Real Estate, Inc. License #RS-0037050

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,448

Year Built

  • Built in 2003

Lot Details

  • 24,829 Sq Ft Lot
  • Lot Dimensions are 80.00 x 190.00
  • Privacy Fence
  • Vinyl Fence
  • Corner Lot
  • Property is in excellent condition
  • Property is zoned AR-1

Parking

  • 2 Car Direct Access Garage
  • 3 Driveway Spaces
  • Parking Storage or Cabinetry
  • Rear-Facing Garage
  • Garage Door Opener
  • Parking available for a boat

Home Design

  • Rambler Architecture
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 2,000 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Gas Fireplace
  • Combination Kitchen and Dining Room
  • Ceramic Tile Flooring
  • Crawl Space

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Outdoor Features

  • Outbuilding

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Nesbitt Station Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-05.00-764.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,448

Year Built

Built in 2003

Lot Details

0.57 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: kitchen island stools
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-08-18
  • Federal Flood Zone: No
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer - Electric, Washer, Water Heater, Oven/Range - Gas
  • Flooring Type: Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Combination Kitchen/Dining, Entry Level Bedroom, Floor Plan - Open, Kitchen - Island, Kitchen - Gourmet
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2000
  • Living Area Sq Ft: 2000
  • Price Per Sq Ft: 274.50
  • Above Grade Finished Sq Ft: 2000
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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: Frame
  • Exterior Features: Boat Storage, Outbuilding(s)
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Additional Storage Area, Garage Door Opener, Garage - Rear Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway, Off Street
  • Number of Spaces in Driveway: 3
  • Off Street Parking Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Fencing: Vinyl, Privacy
  • Lot Size Acres: 0.57
  • Lot Dimensions: 80.00 x 190.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 24829.00
  • Property Condition: Excellent
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 1317.00
  • Tax Annual Amount: 1448.00
  • Assessor Parcel Number: 334-05.00-764.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2024
Closed on
Sep 23, 2024
Sold by
Bought by
Seller's Agent
Elyse Maher
Iron Valley Real Estate at The Beach
Buyer's Agent
Paula Williams
Long & Foster Real Estate, Inc.
List Price
$549,000
Sold Price
$563,000
Premium/Discount to List
$14,000
2.55%
Views
45
Current Estimated Value
$564,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,106
Avg. Annual Appreciation
0.11%
Original Mortgage
$534,850
Outstanding Balance
$528,860
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$35,246

Purchase Details

Closed on
Nov 8, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
4.25%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$563,000 None Listed On Document
$563,000 None Listed On Document
$305,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $534,850
Closed $534,850
Previous Owner $65,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/23/2024 09/23/24 Sold $563,000 +2.6% $282 / Sq Ft
08/23/2024 08/23/24 Pending -- -- --
08/18/2024 08/18/24 For Sale $549,000 -- $275 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,013 $28,000 $7,000 $21,000
2024 $949 $28,000 $7,000 $21,000
2023 $948 $28,000 $7,000 $21,000
2022 $897 $28,000 $7,000 $21,000
2021 $984 $28,000 $7,000 $21,000
2020 $980 $28,000 $7,000 $21,000
2019 $1,382 $28,000 $7,000 $21,000
2018 $1,230 $28,000 $0 $0
2017 $1,178 $28,000 $0 $0
2016 $1,118 $28,000 $0 $0
2015 $1,036 $27,150 $0 $0
2014 $1,029 $27,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2067406

Bright MLS

APN: 334-05.00-764.00

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