NOT LISTED FOR SALE

116 Madison Dr Lewes, DE 19958

Estimated Value: $567,987 - $709,000

4 Beds
2.5 Baths
2,863 Sq Ft
$215/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $415,000 $145 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,291/month

123 Days on Market

Highlights

  • 0.52 Acre Lot
  • Traditional Floor Plan
  • Traditional Architecture
  • Lewes Elementary School Rated A
  • Partially Wooded Lot
  • Wood Flooring

About This Home

As of August 2020

Situated on a spacious lot, just minutes from Nassau Valley Vineyards, Lewes Beach, and other local shopping and dining options the charming, historic town of Lewes offers, this 4 bedroom, 2.5 bathroom home has been meticulously cared for. Soak up the sun on your front porch, or relax in the shade of your private and wooded backyard. Entertaining friends and family is a breeze in the open concept living area and gourmet kitchen, featuring stainless steel appliances and sparkling granite counter tops. Snuggle up with a book and a blanket by the gas fireplace and enjoy the warmth on those cold, winter nights. Make your way upstairs to find the large master bedroom with an en suite bathroom and dual vanity, as well as three other spacious bedrooms offering room for the whole family! Well drilled in 2015. Two new HVAC units installed in 2020. New roof just installed as well with a 40 year transferable warranty. Shingles are lifetime shingles. Roof was installed by All American Roofing. Schedule your showing today to experience all this property has to offer!

Last Agent to Sell the Property

Kelsey Gallo

(302) 360-0300 walt.t@kw.com Keller Williams Realty License #678947 Listed on: 03/12/2020

Keller Williams Realty

Co-Listed By

Dustin Parker

(302) 217-6692 broker@theparkergroup.com The Parker Group License #672690

Last Buyer's Agent

Carol Quattrociocchi

(888) 543-4829 de.broker@exprealty.net EXP Realty, LLC License #5219048

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,653

Year Built

  • Built in 1996

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 74.00 x 190.00
  • East Facing Home
  • Split Rail Fence
  • Back Yard Fenced
  • Corner Lot
  • Partially Wooded Lot
  • Property is in very good condition
  • Property is zoned AR-1 770

Parking

  • 2 Car Direct Access Garage
  • 6 Open Parking Spaces
  • Side Facing Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Architectural Shingle Roof
  • Shake Siding
  • Vinyl Siding
  • Stick Built Home
  • CPVC or PVC Pipes
  • Cedar

Interior Spaces

  • 2,863 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Partially Furnished
  • Includes Fireplace Accessories
  • Gas Fireplace
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Country Kitchen
  • Electric Oven or Range
  • Range Hood
  • Built-In Microwave

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Outdoor Features

  • Outbuilding
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • 200+ Amp Service
  • Well
  • Propane Water Heater
  • Satellite Dish

Community Details

  • No Home Owners Association
  • Nesbitt Station Subdivision

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number 334-05.00-765.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,653

Year Built

Built in 1996

Lot Details

0.52 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1996
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dryer - Electric, Oven/Range - Electric, Range Hood, Washer
  • Flooring Type: Hardwood, Partially Carpeted, Wood
  • Interior Amenities: Carpet, Floor Plan - Traditional, Kitchen - Country, Wood Floors
  • Fireplace Features: Equipment, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2863
  • Living Area Sq Ft: 2863
  • Price Per Sq Ft: 144.92
  • Above Grade Finished Sq Ft: 2863
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Cedar, Cpvc/Pvc, Shake Siding, Stick Built, Vinyl Siding
  • Exterior Features: Outbuilding(s), Satellite Dish
  • 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
  • Open Parking Spaces Count: 6
  • Garage Features: Garage - Side Entry, Built In, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Propane - Owned
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Partially, Rear, Split Rail
  • Improvement Assessed Value: 29450.00
  • Land Assessed Value: 5750.00
  • Lot Features: Corner, Partly Wooded
  • Lot Size Acres: 0.52
  • Lot Dimensions: 74.00 x 190.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22651.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Good, Very Good
  • Zoning: AR-1 770
  • In City Limits: No

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5207777
  • School Tax: 1496.00
  • Tax Annual Amount: 1653.00
  • Assessor Parcel Number: 334-05.00-765.00
  • Tax Lot: 33
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2020
Closed on
Aug 26, 2020
Sold by
Goldsborough Bruce A
Bought by
Fredricks Harry E and Fredricks Karen H
Seller's Agent
Kelsey Gallo
Keller Williams Realty
Buyer's Agent
Carol Quattrociocchi
EXP Realty, LLC
List Price
$429,000
Sold Price
$415,000
Premium/Discount to List
-$14,000
-3.26%
Current Estimated Value
$615,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,747
Avg. Annual Appreciation
7.37%
Original Mortgage
$282,600
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 1994
Bought by
Goldsborough Bruce A and Goldsborough Darlene K
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

Date Buyer Sale Price Title Company
Fredricks Harry E $415,000 None Available
Goldsborough Bruce A $23,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fredricks Harry E $282,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2020 08/31/20 Sold $415,000 0.0% $145 / Sq Ft
07/13/2020 07/13/20 Pending -- -- --
06/17/2020 06/17/20 Price Changed $414,900 -1.2% $145 / Sq Ft
06/02/2020 06/02/20 Price Changed $420,000 -2.1% $147 / Sq Ft
05/13/2020 05/13/20 Price Changed $429,000 +1.2% $150 / Sq Ft
04/24/2020 04/24/20 Price Changed $424,000 -1.2% $148 / Sq Ft
03/12/2020 03/12/20 For Sale $429,000 -- $150 / 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 $1,038 $35,200 $5,750 $29,450
2024 $1,735 $35,200 $5,750 $29,450
2023 $1,733 $35,200 $5,750 $29,450
2022 $1,673 $35,200 $5,750 $29,450
2021 $1,658 $35,200 $5,750 $29,450
2020 $1,253 $35,200 $5,750 $29,450
2019 $1,255 $35,200 $5,750 $29,450
2018 $1,146 $35,200 $0 $0
2017 $1,480 $35,200 $0 $0
2016 $906 $35,200 $0 $0
2015 $844 $35,200 $0 $0
2014 $834 $35,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU157970

Bright MLS

APN: 334-05.00-765.00

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