NOT LISTED FOR SALE

119 Franklin Ave Lewes, DE 19958

Estimated Value: $459,000 - $1,038,000

3 Beds
2 Baths
1,656 Sq Ft
$516/Sq Ft Est. Value

Last Sold January 05, 2024

Last sale price $950,000 $574 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $4,608/month

48 Days on Market

Highlights

  • Wood Burning Stove
  • Bamboo Flooring
  • Attic
  • Lewes Elementary School Rated A
  • Main Floor Bedroom
  • 2-minute walk to Zwaanendsle Park

About This Home

As of January 2024

Nestled in the heart of historic Lewes is a charming coastal cottage that provides easy access to downtown boutiques and popular dining establishments. The bike trail is just a short stroll away, while Lewes Beach, Canal Front Park, and Cape Henlopen State Park are all within a half-mile radius. The front entry is through a screened porch that overlooks the peaceful street scape. The main level consists of two bedrooms, a family/living area, a kitchen, a private sunroom, and entrances at the front, side, and rear, with wheelchair access. The upper level features a third bedroom suite with a full bath/laundry room. A partial basement offers an excellent workshop area, while ample storage is available in the basement, attic, and shed in the rear yard. This residence caters to all your requirements, whether it be your primary residence, vacation home, or investment-rental property. It embodies the essence of the "Lewes life" and is unlikely to remain on the market long. Schedule your private tour today!

Last Agent to Sell the Property

TODD MANNING

(302) 258-7140 tmmanning@comcast.net Long & Foster Real Estate, Inc. License #RS-0017317 Listed on: 11/14/2023

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Lee Ann Wilkinson

(302) 278-6726 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

  • $748

Year Built

  • Built in 1974

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 51.00 x 97.00
  • Downtown Location
  • Southwest Facing Home
  • Back Yard
  • Historic Home
  • Property is in very good condition
  • Property is zoned TN

Parking

  • Off-Street Parking

Home Design

  • Cottage
  • Block Foundation
  • Plaster Walls
  • Frame Construction
  • Architectural Shingle Roof
  • Metal Roof
  • Shingle Siding

Interior Spaces

  • 1,656 Sq Ft Home
  • Property has 2 Levels
  • Brick Wall or Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Wood Burning Stove
  • Combination Dining and Living Room
  • Partial Basement
  • Upgraded Countertops
  • Attic

Flooring

  • Bamboo
  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Accessible Home Design

  • More Than Two Accessible Exits
  • Ramp on the main level

Schools

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

Utilities

  • Central Air
  • Electric Baseboard Heater
  • 200+ Amp Service
  • Propane Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 335-08.08-85.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$748

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: 2+ Access Exits, Ramp - Main Level
  • Ownership: Fee Simple
  • Historic: Yes
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2023-11-14
  • Federal Flood Zone: No
  • Year Built: 1974
  • Automatically Close On Close Date: Yes
  • Building Winterized: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring Type: Hardwood, Carpet, Bamboo, Ceramic Tile
  • Interior Amenities: Attic, Carpet, Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom, Stove - Wood, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Plaster Walls, Dry Wall, Brick
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 1656
  • Living Area Sq Ft: 1656
  • Price Per Sq Ft: 572.31
  • Above Grade Finished Sq Ft: 1656
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 119

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Shingle Siding
  • Roof: Architectural Shingle, Metal
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Propane
  • Water Source: Community
  • Internet Services: Cable

Condo/Co-op/Association

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

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: LEWES
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: Listing Agent
  • Elementary School: LEWES
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Land Use Code: 999
  • Lot Features: Rear Yard
  • Lot Size Acres: 0.11
  • Lot Dimensions: 51.00 x 97.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Property Condition: Very Good
  • Year Assessed: 2022
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 748.00
  • Assessor Parcel Number: 335-08.08-85.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 01/05/2024

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2023
Closed on
Jan 5, 2024
Sold by
Douglas Reid Davis Sr Living Trust
Bought by
Moran Mark E and Moran Paulette C
Seller's Agent
TODD MANNING
Long & Foster Real Estate, Inc.
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$947,749
Sold Price
$950,000
Premium/Discount to List
$2,251
0.24%
Views
37
Current Estimated Value
$855,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$94,992
Avg. Annual Appreciation
-5.62%
Source: Public Records

Range of Values:

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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
Moran Mark E $950,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2024 01/05/24 Sold $950,000 +0.2% $574 / Sq Ft
01/02/2024 01/02/24 Pending -- -- --
12/31/2023 12/31/23 Off Market $947,749 -- --
11/14/2023 11/14/23 For Sale $947,749 -- $572 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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 $1,489 $15,750 $3,100 $12,650
2024 $776 $15,750 $3,100 $12,650
2023 $458 $15,750 $3,100 $12,650
2022 $436 $15,750 $3,100 $12,650
2021 $429 $15,750 $3,100 $12,650
2020 $425 $15,750 $3,100 $12,650
2019 $426 $15,750 $3,100 $12,650
2018 $547 $15,750 $0 $0
2017 $388 $15,750 $0 $0
2016 $376 $15,750 $0 $0
2015 $362 $15,750 $0 $0
2014 $355 $15,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2051578

Bright MLS

APN: 335-08.08-85.00