NOT LISTED FOR SALE

121 E Lake Dr Milton, DE 19968

Estimated Value: $355,000 - $382,647

3 Beds
2 Baths
1,485 Sq Ft
$248/Sq Ft Est. Value

Last Sold May 01, 2020

Last sale price $239,990 $162 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,989/month

Highlights

  • View of Trees or Woods
  • Open Floorplan
  • Rambler Architecture
  • Lewes Elementary School Rated A
  • Wooded Lot
  • Main Floor Bedroom

About This Home

As of May 2020

Come visit this incredible fee-simple ranch home situated on a beautiful wooded homesite and located a mere 9 miles from Lewes Beach and 11 miles from the Rehoboth Beach boardwalk. As soon as you walk through the front door you will appreciate the ceramic tile flooring and the open layout of this home as the great room, dining area, and the kitchen are all open to one another, creating a warm and inviting space. The great room features a gas direct vent stove which is great for creating a wonderful ambiance and taking the edge off in the wintertime. The kitchen features brand new stainless steel appliances and a huge island. The left side of the home features the two guest bedrooms, the guest bathroom, and the pulldown staircase into the attic. The right side of the home features the owner's bedrooms, and the owner's bathroom equipped with an oversized soaking tub and separate shower. Sit back and relax on the screened porch and enjoy grilling on the deck. The 8-foot by 12.5-foot shed is included as well. You can even take a short walk down the street and go fishing in the community's catch and release fishing pond! The HOA fee is only $125 per year and the ownership is fee simple, which means you own the land! You owe it to yourself to come to take a private tour of this home as it is sure to sell quickly!

Last Agent to Sell the Property

Michael Kennedy

(302) 381-7001 michael.kennedy@compass.com Compass License #RS-0024358 Listed on: 03/18/2020

Compass

Last Buyer's Agent

Nitan Soni

(302) 747-3333 nitan@coachatthecoast.com Northrop Realty License #RA-0030967

Northrop Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $811

Year Built

  • Built in 2007

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 75.00 x 134.00
  • Wooded Lot
  • Property is in very good condition
  • Property is zoned 648

HOA Fees

  • $10 Monthly HOA Fees

Home Design

  • Rambler Architecture
  • Block Foundation
  • Frame Construction
  • Batts Insulation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Low Volatile Organic Compounds (VOC) Products or Finishes
  • CPVC or PVC Pipes
  • Tile

Interior Spaces

  • 1,485 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Dining Room
  • Screened Porch
  • Views of Woods
  • Attic

Kitchen

  • Stainless Steel Appliances
  • Kitchen Island

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Dryer Hookup

Parking

  • 6 Parking Spaces
  • 6 Driveway Spaces
  • Stone Driveway

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • 200+ Amp Service
  • Propane
  • Well
  • Electric Water Heater
  • Gravity Septic Field
  • Phone Available
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows
  • Shed

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 235-26.00-80.00

Community Details

Overview

  • Association fees include common area maintenance, reserve funds
  • Lazy Lake Subdivision

Amenities

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$811

Year Built

Built in 2007

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Exclusions: Washer & Dryer
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2007
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Stainless Steel Appliances
  • Flooring Type: Ceramic Tile, Fully Carpeted
  • Interior Amenities: Attic, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Combination Kitchen/Living, Combination Dining/Living, Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Island, Recessed Lighting, Walk-In Closet(s), Window Treatments
  • Window Features: Double Pane, Energy Efficient
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Levels Count: 1
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Foyer, Bedroom 1, Great Room, Laundry, Bathroom 1, Primary Bathroom, Screened Porch
  • Basement: No
  • Laundry Type: Main Floor, Hookup
  • Total Sq Ft: 1485
  • Living Area Sq Ft: 1485
  • Price Per Sq Ft: 161.62
  • Above Grade Finished Sq Ft: 1485
  • 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
  • Other Structures List: Shed
  • Construction Materials: Frame, Batts Insulation, Concrete, Cpvc/Pvc, Low Voc Products/Finishes, Tile, Vinyl Siding
  • Roof: Architectural Shingle
  • Spa: No
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Stone Driveway
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Gravity Sept Fld
  • Utilities: Cable Tv Available, Phone Available, Propane
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 125.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Reserve Funds
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Features: Trees/Wooded
  • Lot Size Acres: 0.23
  • Lot Dimensions: 75.00 x 134.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10019.00
  • Property Condition: Very Good
  • Zoning: 648
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5176081
  • School Tax: 734.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 811.00
  • Assessor Parcel Number: 235-26.00-80.00
  • Tax Lot: 4
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2020
Closed on
May 1, 2020
Sold by
Bogush Gregory M and Bogush Mary L
Bought by
Hendley Gary P and Hendley Rhoda J
Seller's Agent
Michael Kennedy
Compass
Buyer's Agent
Nitan Soni
Northrop Realty
List Price
$239,999
Sold Price
$239,990
Premium/Discount to List
-$9
-0.004%
Current Estimated Value
$368,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,172
Avg. Annual Appreciation
8.11%
Original Mortgage
$167,999
Outstanding Balance
$148,870
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$219,292
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
Hendley Gary P $239,999 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hendley Gary P $167,999
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2020 05/01/20 Sold $239,990 0.0% $162 / Sq Ft
03/18/2020 03/18/20 For Sale $239,999 -- $162 / 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 $618 $17,250 $2,250 $15,000
2024 $850 $17,250 $2,250 $15,000
2023 $850 $17,250 $2,250 $15,000
2022 $820 $17,250 $2,250 $15,000
2021 $812 $17,250 $2,250 $15,000
2020 $810 $17,250 $2,250 $15,000
2019 $467 $17,250 $2,250 $15,000
2018 $440 $17,250 $0 $0
2017 $424 $17,250 $0 $0
2016 $689 $17,250 $0 $0
2015 $658 $17,250 $0 $0
2014 $654 $17,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU155778

Bright MLS

APN: 235-26.00-80.00