NOT LISTED FOR SALE

130 Bay Ave Unit I Lewes, DE 19958

Estimated Value: $1,203,606 - $1,880,000

3 Beds
3 Baths
2,256 Sq Ft
$387/mo HOA Fee

Last Sold March 12, 2021

Last sale price $1,200,000 $532 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $6,247/month

37 Days on Market

Highlights

  • Home fronts navigable water
  • Access to Tidal Water
  • No Units Above
  • Lewes Elementary School Rated A
  • Penthouse
  • Bay View

About This Home

As of March 2021

BEAUTIFUL BAYFRONT! Spectacular Lewes home just steps to the beach! Featuring a spacious, light-filled, open floor plan with an expansive balcony offering panoramic views of the bay and Breakwater Lighthouses, and exclusive picturesque sunrises and sunsets! This 2-story, 3-bedroom, 3-bath penthouse in Breakwater House is in pristine condition including a modern kitchen with top-of-the-line appliances, massive rooftop deck perfect for relaxing and outdoor entertaining, roomy master suite, recently updated bathrooms, huge laundry room with brand new washer & dryer, wood-burning fireplace, and private elevator. Walk to downtown restaurants & shops, ride your bike on scenic bike trails to Cape Henlopen State Park and Rehoboth Beach. Located just around the corner from the Cape May Lewes Ferry terminal and only minutes away from tax-free outlet shopping! With over 2200 square feet, this floorplan provides versatility for families and those seeking a calm beach retreat with an authentic Lewes vibe. Call and schedule a showing today!

Last Agent to Sell the Property

Lee Ann Wilkinson

Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064 Listed on: 12/22/2020

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Lee Ann Wilkinson

Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064 Listed on: 12/22/2020

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $702

Year Built

  • Built in 1987

Lot Details

  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • No Units Above
  • 1 Common Wall
  • Land Lease expires in 93 years

HOA Fees

  • $387 Monthly HOA Fees

Home Design

  • Penthouse
  • Coastal Architecture
  • Contemporary Architecture
  • Architectural Shingle Roof
  • Wood Siding
  • Stick Built Home
  • Cedar

Interior Spaces

  • 2,256 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Wood Burning Fireplace
  • Fireplace With Glass Doors
  • Sliding Doors
  • Combination Kitchen and Living
  • Dining Room
  • Loft
  • Bay Views
  • Attic

Kitchen

  • Built-In Oven
  • Electric Oven or Range
  • Built-In Range
  • Indoor Grill
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • Parking Lot
  • Off-Street Parking
  • 2 Assigned Parking Spaces

Outdoor Features

  • Access to Tidal Water
  • Water Access
  • Property near a bay
  • Balcony
  • Deck

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Community Details

  • Association fees include common area maintenance, exterior building maintenance, management
  • $200 Other One-Time Fees
  • Low-Rise Condominium
  • Breakwater House Community
  • Lewes Beach Subdivision
  • Property Manager

Listing and Financial Details

  • Assessor Parcel Number 335-04.20-137.00-I

Property Details

Home Type

Condominium

Est. Annual Taxes

$702

Year Built

Built in 1987

Lot Details

0

HOA Fees

$387 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Elevator
  • Ownership: Land Lease
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1987
  • Automatically Close On Close Date: No
  • Remarks Public: BEAUTIFUL BAYFRONT! Spectacular Lewes home just steps to the beach! Featuring a spacious, light-filled, open floor plan with an expansive balcony offering panoramic views of the bay and Breakwater Lighthouses, and exclusive picturesque sunrises and sunsets! This 2-story, 3-bedroom, 3-bath penthouse in Breakwater House is in pristine condition including a modern kitchen with top-of-the-line appliances, massive rooftop deck perfect for relaxing and outdoor entertaining, roomy master suite, recently updated bathrooms, huge laundry room with brand new washer & dryer, wood-burning fireplace, and private elevator. Walk to downtown restaurants & shops, ride your bike on scenic bike trails to Cape Henlopen State Park and Rehoboth Beach. Located just around the corner from the Cape May Lewes Ferry terminal and only minutes away from tax-free outlet shopping! With over 2200 square feet, this floorplan provides versatility for families and those seeking a calm beach retreat with an authentic Lewes vibe. Call and schedule a showing today!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Indoor Grill, Oven - Wall, Oven/Range - Electric, Range Hood, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Entry Floor: 3
  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Interior Amenities: Built-Ins, Carpet, Ceiling Fan(s), Combination Kitchen/Living, Dining Area, Elevator, Floor Plan - Open, Primary Bath(s), Pantry, Recessed Lighting, Skylight(s), Stall Shower, Walk-In Closet(s), Wood Floors
  • Fireplace Features: Fireplace - Glass Doors, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 1 Common Wall, No One Above
  • Door Features: Sliding Glass
  • Elevators Count: 1
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1, Laundry, Loft, Attic, Primary Bathroom, Full Bath
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 2256
  • Living Area Sq Ft: 2256
  • Price Per Sq Ft: 576.24
  • Above Grade Finished Sq Ft: 2256
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 130

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Cedar, Stick Built, Wood Siding
  • Road Surface Type: Paved
  • Roof: Architectural Shingle
  • View: Bay
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Parking Lot, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 4647.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management
  • HOA: No
  • Senior Community: No

Fee Information

  • Other Fees: 200.00
  • Other Fees Frequency: One Time

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Land Lease Amt Freq: Annually
  • Land Lease Years Remaining: 93
  • Lot Features: Corner
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony, Deck(s), Roof
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5213266
  • Tax Annual Amount: 702.00
  • Assessor Parcel Number: 335-04.20-137.00-I
  • Close Date: 03/12/2021

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2003
Bought by
Yeung Horatio H and Yeung Joanne L
Current Estimated Value
$1,047,245
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Yeung Horatio H $960,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yeung Horatio H $341,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2021 03/12/21 Sold $1,200,000 -7.7% $532 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
12/22/2020 12/22/20 For Sale $1,300,000 +21.8% $576 / Sq Ft
09/30/2020 09/30/20 Sold $1,067,000 -14.6% $473 / Sq Ft
06/11/2020 06/11/20 Pending -- -- --
06/03/2019 06/03/19 For Sale $1,250,000 -- $554 / 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
2024 $1,508 $27,350 $0 $27,350
2023 $1,507 $27,350 $0 $27,350
2022 $1,454 $27,350 $0 $27,350
2021 $1,441 $27,350 $0 $27,350
2020 $1,437 $27,350 $0 $27,350
2019 $1,439 $27,350 $0 $27,350
2018 $1,344 $30,600 $0 $0
2017 $1,287 $30,600 $0 $0
2016 $1,222 $30,600 $0 $0
2015 $1,168 $30,600 $0 $0
2014 $1,159 $30,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU174872

Bright MLS

APN: 335-04.20-137.00-I