NOT LISTED FOR SALE

131 Madison Ave Lewes, DE 19958

Estimated Value: $674,000 - $752,422

2 Beds
1.5 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold February 28, 2013

Last sale price $310,000

Est. 131% increase in value since last sale

Current estimated payment $3,844/month

209 Days on Market

Highlights

  • Spa
  • Colonial Architecture
  • Wood Flooring
  • Lewes Elementary School Rated A
  • Deck
  • 3-minute walk to Stango Park

About This Home

As of February 2013

BEAUTIFUL DUPLEX IN HISTORIC LEWES SITS ON QUIET SIDE STREET! Features include pine hardwood flooring, fenced landscaped yard w/paver patio, composite deck w/built-in hot tub and a charming garden shed. Walk to in-town shops, restaurant & historic sites! Beach is just a short bike ride away!

Last Agent to Sell the Property

Lee Ann Wilkinson

(302) 278-6726 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064 Listed on: 06/16/2012

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

CAROLYN RASH

(302) 703-0377 carolyn@theparkergroup.com The Parker Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $748

Year Built

  • Built in 1902

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 27x100
  • Partially Fenced Property
  • Landscaped
  • Historic Home

Home Design

  • Semi-Detached or Twin Home
  • Colonial Architecture
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Crawl Space
  • Washer and Dryer Hookup
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Driveway
  • Off-Street Parking

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Deck
  • Patio

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 335-08.12-66.01

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$748

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: Yes
  • New Construction: No
  • Year Built: 1902
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Hookups Only, Water Heater
  • Flooring Type: Hardwood, Vinyl
  • Interior Amenities: Attic, Kitchen - Eat-In, Ceiling Fan(s), Window Treatments
  • Fireplace: No
  • Foundation Details: Block, Crawl Space
  • Level Count: 2
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Kitchen, Additional Bedroom
  • Basement: No

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Exterior Features

  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Hot Tub, Outside Shower
  • Roof: Shingle, Asphalt
  • 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, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Fencing: Partially
  • Lot Features: Landscaping
  • Lot Size Acres: 0.06
  • Lot Dimensions: 27x100
  • Lot Size Units: Acres
  • Outdoor Living Structures: Deck(s), Patio(s)
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5216319
  • Tax Annual Amount: 748.00
  • Assessor Parcel Number: 335-08.12-66.01
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2012
Closed on
Feb 25, 2013
Sold by
Olson Paula Margaret
Bought by
Potter David M and Johnston Melissa M
Seller's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
CAROLYN RASH
The Parker Group
List Price
$310,000
Sold Price
$310,000
Current Estimated Value
$715,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$405,606
Avg. Annual Appreciation
6.72%
Original Mortgage
$248,000
Outstanding Balance
$50,970
Interest Rate
3.54%
Estimated Equity
$664,636
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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
Potter David M $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Potter David M $248,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2013 02/28/13 Sold $310,000 0.0% --
01/11/2013 01/11/13 Pending -- -- --
06/16/2012 06/16/12 For Sale $310,000 -- --
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 $1,236 $7,900 $2,050 $5,850
2024 $389 $7,900 $2,050 $5,850
2023 $389 $7,900 $2,050 $5,850
2022 $375 $7,900 $2,050 $5,850
2021 $372 $7,900 $2,050 $5,850
2020 $371 $7,900 $2,050 $5,850
2019 $371 $7,900 $2,050 $5,850
2018 $347 $7,900 $0 $0
2017 $332 $7,900 $0 $0
2016 $316 $7,900 $0 $0
2015 $302 $7,900 $0 $0
2014 $299 $7,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000966854

Bright MLS

APN: 335-08.12-66.01