NOT LISTED FOR SALE

116 New Rd Lewes, DE 19958

Estimated Value: $640,000 - $739,000

5 Beds
3 Baths
1,950 Sq Ft
$347/Sq Ft Est. Value

Last Sold December 06, 2024

Last sale price $610,000 $313 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,648/month

148 Days on Market

Highlights

  • Cape Cod Architecture
  • Combination Kitchen and Living
  • 1 Car Direct Access Garage
  • Lewes Elementary School Rated A
  • No HOA
  • Eat-In Kitchen

About This Home

As of December 2024

Experience the quintessential charm of Lewes, a town steeped in rich maritime history where days are filled with bustling activity and nights exude tranquility. Nestled close to the heart of town, the serene canal, and the inviting beaches (both the bay and ocean), this five-bedroom residence is ideal for intimate family gatherings near the beach. While the living area and kitchen may be cozy, the abundance of bedrooms ensures ample space for accommodating loved ones during seaside retreats. With its potential as a rental property, this home promises not only a cozy haven, but also a lucrative investment opportunity for those seeking a slice of coastal living. This residence offers comfort and convenience on the main level, boasting a first-floor owner's suite, which features a full bathroom with a separate shower and bathtub, complemented by two additional bedrooms and a full bath. On the second floor, there are two generously sized bedrooms accompanied by a full bath. This home effortlessly accommodates both family and guests. If you so desire, unlock the full potential of this home's space and transform it to suit your unique vision. The one-car garage presents an opportunity to craft a cozy family room, while one of the bedrooms could easily be repurposed as a dining area. With the freedom to reimagine and customize the layout to your liking, the possibilities for maximizing this property are endless. Embrace the flexibility to create a living space that perfectly complements your lifestyle and aspirations which captures the essence of coastal living. Seize the opportunity to claim Lewes as your home, summer sanctuary or vacation rental! Immediate Occupancy Available!

Last Agent to Sell the Property

MaryBeth Tribbitt

(302) 239-3000 ssedita@psre.com Patterson-Schwartz-Hockessin Listed on: 06/01/2024

Patterson-Schwartz-Hockessin

Last Buyer's Agent

Lee Ann Wilkinson

(302) 645-6661 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,156

Year Built

  • Built in 2001

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Property is in very good condition
  • Property is zoned R2, Residential Low Density

Parking

  • 1 Car Direct Access Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,950 Sq Ft Home
  • Property has 1.5 Levels
  • Crown Molding
  • Combination Kitchen and Living
  • Luxury Vinyl Plank Tile Flooring
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • En-Suite Bathroom

Outdoor Features

  • Patio

Schools

  • Lewes Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Le Breton Subdivision

Listing and Financial Details

  • Assessor Parcel Number 335-04.18-71.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,156

Year Built

Built in 2001

Lot Details

4,792 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: Fee Simple
  • Exclusions: All Personal Property
  • Inclusions: Refrigerator, Washer, Dryer
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2001
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Luxury Vinyl Plank
  • Interior Amenities: Combination Kitchen/Living, Crown Moldings, Kitchen - Eat-In, Primary Bath(s)
  • Foundation Details: Block
  • Levels Count: 1.5
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen
  • Basement: No
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1950
  • Living Area Sq Ft: 1950
  • Price Per Sq Ft: 320.51
  • Above Grade Finished Sq Ft: 1950
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: 90% Forced Air, Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent
  • Elementary School: LEWES
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50 x 100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Very Good
  • Zoning: R2
  • Zoning Description: Residential Low Density
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 618.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1156.00
  • Assessor Parcel Number: 335-04.18-71.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2024
Closed on
Dec 6, 2024
Sold by
116 New Road Llc
Bought by
Spieker New Road Llc
Seller's Agent
MaryBeth Tribbitt
Patterson-Schwartz-Hockessin
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$625,000
Sold Price
$610,000
Premium/Discount to List
-$15,000
-2.4%
Views
555
Current Estimated Value
$675,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,684
Avg. Annual Appreciation
8.32%

Purchase Details

Listed on
Mar 2, 2021
Closed on
Jun 1, 2021
Sold by
Bitner Rentals Llc
Bought by
116 New Road Llc
Seller's Agent
EDIE PAGE
Delaware Coastal Realty
Buyer's Agent
Adrienne Klase
Berkshire Hathaway HomeServices PenFed Realty
List Price
$599,000
Sold Price
$560,000
Premium/Discount to List
-$39,000
-6.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.46%

Purchase Details

Listed on
May 20, 2019
Closed on
Jun 28, 2019
Sold by
Daddario Michael J and Mcconchie-Daddario Marla
Bought by
Bitner Rentals Llc
Seller's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
EDIE PAGE
Delaware Coastal Realty
List Price
$349,900
Sold Price
$349,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.59%

Purchase Details

Closed on
Jul 19, 1998
Bought by
Daddario Michael J Marla Mcconchie
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
Spieker New Road Llc $610,000 None Listed On Document
116 New Road Llc $560,000 None Available
Bitner Rentals Llc $349,900 --
Daddario Michael J Marla Mcconchie -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/06/2024 12/06/24 Sold $610,000 -2.4% $313 / Sq Ft
11/01/2024 11/01/24 For Sale $625,000 0.0% $321 / Sq Ft
10/28/2024 10/28/24 Pending -- -- --
07/26/2024 07/26/24 Price Changed $625,000 -10.7% $321 / Sq Ft
06/28/2024 06/28/24 Price Changed $699,900 -6.7% $359 / Sq Ft
06/01/2024 06/01/24 For Sale $750,000 +33.9% $385 / Sq Ft
06/01/2021 06/01/21 Sold $560,000 -6.5% $287 / Sq Ft View Prior Sale
05/14/2021 05/14/21 Pending -- -- --
05/08/2021 05/08/21 Price Changed $599,000 0.0% $307 / Sq Ft
05/08/2021 05/08/21 For Sale $599,000 +7.0% $307 / Sq Ft
03/30/2021 03/30/21 Off Market $560,000 -- --
03/02/2021 03/02/21 For Sale $649,900 +85.7% $333 / Sq Ft
06/28/2019 06/28/19 Sold $349,900 0.0% $271 / Sq Ft View Prior Sale
05/27/2019 05/27/19 Pending -- -- --
05/20/2019 05/20/19 For Sale $349,900 -- $271 / 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 $1,125 $13,800 $1,900 $11,900
2024 $680 $13,800 $1,900 $11,900
2023 $680 $13,800 $1,900 $11,900
2022 $656 $13,800 $1,900 $11,900
2021 $649 $13,800 $1,900 $11,900
2020 $648 $13,800 $1,900 $11,900
2019 $649 $13,800 $1,900 $11,900
2018 $0 $13,800 $0 $0
2017 $580 $13,800 $0 $0
2016 $551 $13,800 $0 $0
2015 $527 $13,800 $0 $0
2014 $523 $13,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2063674

Bright MLS

APN: 335-04.18-71.00

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