NOT LISTED FOR SALE

129 New Rd Lewes, DE 19958

Estimated Value: $595,295 - $677,000

4 Beds
2.5 Baths
1,540 Sq Ft
$422/Sq Ft Est. Value

Last Sold December 20, 2018

Last sale price $390,000 $253 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,583/month

142 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • 2 Car Direct Access Garage
  • Lewes Elementary School Rated A
  • Cottage
  • Living Room

About This Home

As of December 2018

Come and enjoy this Pleasant, traditional home within walking distance to Downtown Lewes! Come see this 4 bedroom 2.5 bath home with convenient, one-level living with a quaint and quiet backyard. Features a master suite with connecting bathroom. Hardwood floors in the living spaces. Skylights throughout the home let in soothing natural light. Multiple entry-points to backyard deck that runs the length of the home. Wake up to relax on quiet back deck in the morning with your favorite cup and later stroll to Downtown Lewes. Spend a day at the beach to return to further unwind in the outside shower. Solar that is owned is a bonus to reduce those monthly electric bills each month! Just two blocks to the Rehoboth and Lewes Canal to see the boats floating by. A short bike ride the Lewes Beach.

Last Agent to Sell the Property

MICHAEL JACK

(302) 344-8912 mjackrealtor@gmail.com Long & Foster Real Estate, Inc. Listed on: 06/18/2018

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Laurie Draper Carter

(302) 236-6952 laurie@jacklingo.com Jack Lingo - Lewes License #RA-0002772

Jack Lingo - Lewes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,519

Year Built

  • Built in 1997

Lot Details

  • 10,097 Sq Ft Lot
  • Northwest Facing Home
  • Wood Fence
  • Property is in very good condition

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Cottage
  • Entry on the 1st floor
  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,540 Sq Ft Home
  • Property has 1 Level
  • Sliding Doors
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Home Security System

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Instant Hot Water

Flooring

  • Wood
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Exterior Lighting

Schools

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

Utilities

  • Central Air
  • Back Up Gas Heat Pump System
  • Underground Utilities
  • 200+ Amp Service
  • Tankless Water Heater
  • Propane Water Heater
  • Municipal Trash

Community Details

  • Pilottown Park Subdivision

Listing and Financial Details

  • Tax Lot -419.00
  • Assessor Parcel Number 335-08.00-419.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,519

Year Built

Built in 1997

Lot Details

0

HOA Fees

$2 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Federal Flood Insurance: Unknown
  • Historic: No
  • Inclusions: Solar -Owned
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2018-06-18
  • Federal Flood Zone: No
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Refrigerator, Range Hood, Oven/Range - Electric, Water Heater - Tankless, Washer
  • Entry Floor: 1
  • Flooring Type: Wood, Vinyl, Tile/Brick
  • Door Features: Sliding Glass
  • Foundation Details: Block
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Kitchen, Foyer, Laundry
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1540
  • Living Area Sq Ft: 1540
  • Price Per Sq Ft: 256.49
  • Above Grade Finished Sq Ft: 1540
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 129

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • Exterior Features: Outside Shower, Exterior Lighting
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • View: Street
  • 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: Asphalt Driveway
  • Garage Features: Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage, Off Street

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 - Gas Backup
  • Heating: Yes
  • Hot Water: Instant Hot Water, Propane, Tankless
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Propane, Under Ground
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 20.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • 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

  • Horses: No
  • Additional Parcels: No
  • Fencing: Wood
  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10097.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Zoning: Q
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 931.00
  • Tax Annual Amount: 1518.66
  • Assessor Parcel Number: 335-08.00-419.00
  • Tax Lot: -419.00
  • Tax Total Finished Sq Ft: 1540
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 12/20/2018

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2018
Closed on
Dec 20, 2018
Sold by
Pauline J Magargal Lt
Bought by
Mckenna David E and Mckenna Leigh A
Seller's Agent
MICHAEL JACK
Long & Foster Real Estate, Inc.
Buyer's Agent
Laurie Draper Carter
Jack Lingo - Lewes
List Price
$462,000
Sold Price
$390,000
Premium/Discount to List
-$72,000
-15.58%
Current Estimated Value
$650,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,074
Avg. Annual Appreciation
6.42%
Original Mortgage
$100,000
Outstanding Balance
$63,694
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$531,542

Purchase Details

Closed on
Oct 23, 1996
Bought by
Magargal Pauline J (Trustee)
Source: Public Records

Range of Values:

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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
Mckenna David E $390,000 --
Magargal Pauline J (Trustee) $33,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckenna David E $100,000
Previous Owner Magargal Pauline J (Trustee) $198,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2018 12/20/18 Sold $390,000 -1.3% $253 / Sq Ft
11/07/2018 11/07/18 Pending -- -- --
11/01/2018 11/01/18 Price Changed $395,000 -7.1% $256 / Sq Ft
10/08/2018 10/08/18 Price Changed $425,000 -4.5% $276 / Sq Ft
09/01/2018 09/01/18 Price Changed $445,000 -3.7% $289 / Sq Ft
06/18/2018 06/18/18 For Sale $462,000 -- $300 / 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 $1,445 $24,750 $6,250 $18,500
2024 $1,220 $24,750 $6,250 $18,500
2023 $1,219 $24,750 $6,250 $18,500
2022 $1,176 $24,750 $6,250 $18,500
2021 $1,166 $24,750 $6,250 $18,500
2020 $1,162 $24,750 $6,250 $18,500
2019 $1,164 $24,750 $6,250 $18,500
2018 $687 $24,750 $0 $0
2017 $1,041 $24,750 $0 $0
2016 $591 $24,750 $0 $0
2015 $568 $24,750 $0 $0
2014 $558 $24,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001838696

Bright MLS

APN: 335-08.00-419.00