NOT LISTED FOR SALE

140 Paddock Way Lewes, DE 19958

Estimated Value: $725,000 - $1,567,000

5 Beds
4.5 Baths
4,152 Sq Ft
$310/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $1,399,990 $337 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $7,327/month

13 Days on Market

Highlights

  • New Construction
  • Eat-In Gourmet Kitchen
  • Craftsman Architecture
  • Lewes Elementary School Rated A
  • Open Floorplan
  • Clubhouse

About This Home

As of August 2024

Move-in Ready! This impressive new home, a quick move-in opportunity currently under construction, offers a spacious and well-designed living space. With 4,152 finished square feet, the Barbados model boasts 5 bedrooms and 4.5 bathrooms, providing ample room for comfortable living. Upon entry you are welcomed to a gracious foyer and adjacent private study with coffered ceiling perfect for those needing a dedicated workspace. The well-appointed kitchen offers a corner pantry, chef’s stainless steel appliance package including wall oven, Quartz countertops, under cabinet lighting, apron front sink, pot filler in matte black, and a massive island with double roll trays overlooking the adjoining breakfast area with access to the expanded screened porch with fireplace. The expansive family room boasts a wall of windows, coffered ceiling, and a fireplace. The spacious primary suite features a tray ceiling and an en suite bathroom with dual sink vanity, Roman shower with 2 shower heads, private water closet, and large walk-in closet. Three secondary bedrooms, one with a walk-in closet and a full bathroom with 35 inch upgraded cabinets complete the 2nd floor. The fully finished lower level provides a 5th bedroom and full bathroom, and a spacious recreational room with walkout to the back yard with a 1,000 sq. ft. paver patio.

Last Agent to Sell the Property

Brittany Newman

(240) 457-9391 bnewman@drbgroup.com DRB Group Realty, LLC Listed on: 07/18/2024

DRB Group Realty, LLC

Last Buyer's Agent

Martin West

(302) 562-3016 martinwest100@gmail.com Bryan Realty Group License #RS-0019117

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,926

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 10,125 Sq Ft Lot
  • Property is in excellent condition
  • Property is zoned AR-1

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Driveway Spaces
  • Front Facing Garage

Home Design

  • Craftsman Architecture
  • Slab Foundation
  • Blown-In Insulation
  • Architectural Shingle Roof
  • HardiePlank Type
  • Tile

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Recessed Lighting
  • 2 Fireplaces
  • Insulated Doors
  • Family Room Off Kitchen
  • Combination Kitchen and Living
  • Dining Area
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Eat-In Gourmet Kitchen
  • Built-In Oven
  • Cooktop with Range Hood
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Screened Patio
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Programmable Thermostat
  • Tankless Water Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 34
  • Assessor Parcel Number 335-08.00-1605.00

Community Details

Overview

  • Built by DRB Homes
  • Olde Town Subdivision, Barbados Floorplan

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,926

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Craftsman
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2024
  • Remarks Public: Move-in Ready! This impressive new home, a quick move-in opportunity currently under construction, offers a spacious and well-designed living space. With 4,152 finished square feet, the Barbados model boasts 5 bedrooms and 4.5 bathrooms, providing ample room for comfortable living. Upon entry you are welcomed to a gracious foyer and adjacent private study with coffered ceiling perfect for those needing a dedicated workspace. The well-appointed kitchen offers a corner pantry, chef’s stainless steel appliance package including wall oven, Quartz countertops, under cabinet lighting, apron front sink, pot filler in matte black, and a massive island with double roll trays overlooking the adjoining breakfast area with access to the expanded screened porch with fireplace. The expansive family room boasts a wall of windows, coffered ceiling, and a fireplace. The spacious primary suite features a tray ceiling and an en suite bathroom with dual sink vanity, Roman shower with 2 shower heads, private water closet, and large walk-in closet. Three secondary bedrooms, one with a walk-in closet and a full bathroom with 35 inch upgraded cabinets complete the 2nd floor. The fully finished lower level provides a 5th bedroom and full bathroom, and a spacious recreational room with walkout to the back yard with a 1,000 sq. ft. paver patio.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Dishwasher, Disposal, Stainless Steel Appliances, Cooktop, Oven - Wall, Built-In Microwave, Exhaust Fan, Range Hood
  • Flooring Type: Luxury Vinyl Plank, Carpet
  • Interior Amenities: Combination Kitchen/Living, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Pantry, Recessed Lighting, Walk-In Closet(s), Primary Bath(s), Upgraded Countertops, Carpet, Dining Area, Kitchen - Island, Kitchen - Gourmet
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Insulated
  • Foundation Details: Slab
  • Levels Count: 3
  • Room List: Primary Bedroom, Kitchen, Family Room
  • Basement: Yes
  • Basement Type: Walkout Level, Fully Finished
  • Total Sq Ft: 4152
  • Living Area Sq Ft: 4152
  • Price Per Sq Ft: 484.43
  • Above Grade Finished Sq Ft: 2890
  • Below Grade Finished Sq Ft: 1262
  • Total Below Grade Sq Ft: 1262
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 140

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Hardiplank Type, Concrete, Mixed Plumbing, Tile, Blown-In Insulation
  • Construction Completed: Yes
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Programmable Thermostat
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas, Tankless
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 250.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool, Club House
  • HOA: Yes
  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10125.00
  • Outdoor Living Structures: Balcony, Porch(es), Screened, Patio(s)
  • Property Condition: Excellent
  • Zoning: AR-1
  • In City Limits: Yes

Building Info

  • Builder Name: DRB Homes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 335-08.00-1605.00
  • Tax Lot: 34
  • Tax Year: 2024
  • Close Date: 08/30/2024

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2024
Closed on
Aug 30, 2024
Sold by
Drb Group Eastern Shore Llc
Bought by
Eberly Joseph M and Eberly Cariann
Seller's Agent
Brittany Newman
DRB Group Realty, LLC
Buyer's Agent
Martin West
Bryan Realty Group
List Price
$1,399,990
Sold Price
$1,399,990
Views
19
Current Estimated Value
$1,288,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$111,192
Avg. Annual Appreciation
-7.12%
Original Mortgage
$1,049,992
Outstanding Balance
$1,038,866
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$249,932

Purchase Details

Listed on
Oct 2, 2023
Closed on
Feb 7, 2024
Sold by
Olde Town Lewes Lp
Bought by
Drb Group Eastern Shore Llc
Seller's Agent
Carrie Lingo
Jack Lingo - Lewes
Buyer's Agent
Bryce Lingo
Jack Lingo - Rehoboth
List Price
$504,900
Sold Price
$504,900
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
517.91%
Source: Public Records

Range of Values:

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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
Eberly Joseph M $1,399,990 None Listed On Document
Drb Group Eastern Shore Llc $504,900 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eberly Joseph M $1,049,992
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2024 08/30/24 Sold $1,399,990 0.0% $337 / Sq Ft
07/31/2024 07/31/24 Pending -- -- --
07/18/2024 07/18/24 For Sale $1,399,990 +177.3% $337 / Sq Ft
02/07/2024 02/07/24 Sold $504,900 0.0% -- View Prior Sale
11/09/2023 11/09/23 Pending -- -- --
10/02/2023 10/02/23 For Sale $504,900 -- --
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 $2,926 $89,850 $89,850 $0
2024 $370 $89,850 $89,850 $0
2023 $369 $89,850 $89,850 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2066774

Bright MLS

APN: 335-8.00-1605.00