NOT LISTED FOR SALE

1534 Savannah Rd Lewes, DE 19958

Estimated Value: $599,000 - $811,000

4 Beds
1.5 Baths
1,700 Sq Ft
$409/Sq Ft Est. Value

Last Sold June 19, 2024

Last sale price $650,000 $382 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,735/month

4 Days on Market

Highlights

  • 0.57 Acre Lot
  • Cape Cod Architecture
  • 2 Car Detached Garage
  • Lewes Elementary School Rated A
  • No HOA
  • Window Unit Cooling System

About This Home

As of June 2024

HIGHEST AND BEST OFFERS DUE THIS TUES 21st at 7:00PM!!LOCATION LOCATION!! Don't miss out on this investment opportunity. .57 acres situated directly on Savannah Rd and surrounded by commercial and conditional use businesses, this cape cod features 4 bedrooms and 1.5 baths, full basement, detached 2-car garage with breezeway and additional workshop attached to garage, two mature peach trees, pear trees, and privacy in the back. Turn this into your dream home or potential business location. Next door is Atracare and across the road Beebe medical facilities. 2 minute commute to everything Downtown Lewes has to offer, Lewes beach, Beebe hospital, fabulous restaurants. Ride your bike along the Junction and Breakwater trail. Endless opportunities!

Last Agent to Sell the Property

Monica Arseneau

(302) 703-1144 MonicaA@northroprealty.com Northrop Realty License #RS0037173 Listed on: 05/17/2024

Northrop Realty

Last Buyer's Agent

Monica Arseneau

(302) 703-1144 MonicaA@northroprealty.com Northrop Realty License #RS0037173 Listed on: 05/17/2024

Northrop Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $926

Year Built

  • Built in 1960

Lot Details

  • 24,829 Sq Ft Lot
  • Lot Dimensions are 100.00 x 250.00
  • Property is in below average condition
  • Property is zoned AR-1

Parking

  • 2 Car Detached Garage
  • 5 Driveway Spaces
  • Parking Storage or Cabinetry
  • Side Facing Garage
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Shingle Siding
  • Stick Built Home

Interior Spaces

  • 1,700 Sq Ft Home
  • Property has 2 Levels
  • Unfinished Basement
  • Interior Basement Entry

Kitchen

  • Built-In Oven
  • Cooktop

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Location

  • Urban Location

Utilities

  • Window Unit Cooling System
  • 90% Forced Air Heating System
  • Heating System Powered By Owned Propane
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 335-12.06-52.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$926

Year Built

Built in 1960

Lot Details

0.57 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-05-17
  • Federal Flood Zone: No
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer, Water Heater, Cooktop, Oven - Wall
  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Unfinished, Interior Access
  • Total Sq Ft: 1700
  • Living Area Sq Ft: 1700
  • Price Per Sq Ft: 350.53
  • Above Grade Finished Sq Ft: 1700
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Shingle Siding, Stick Built
  • Roof: Architectural Shingle
  • 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
  • Garage Features: Additional Storage Area, Covered Parking, Garage - Side Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Detached Garage, Driveway, Off Street
  • Number of Spaces in Driveway: 5

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Propane - Owned
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.57
  • Lot Dimensions: 100.00 x 250.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 24829.00
  • Property Condition: Below Average
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 842.00
  • Tax Annual Amount: 926.00
  • Assessor Parcel Number: 335-12.06-52.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2024
Closed on
Jun 19, 2024
Sold by
Emerick Paul V and Emerick Duwayne C
Bought by
1534 Savannah Road Llc
Seller's Agent
Monica Arseneau
Northrop Realty
Buyer's Agent
Monica Arseneau
Northrop Realty
List Price
$595,900
Sold Price
$650,000
Premium/Discount to List
$54,100
9.08%
Views
28
Current Estimated Value
$694,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,883
Avg. Annual Appreciation
3.87%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
1534 Savannah Road Llc $650,000 Tidemark Title
Emerick Paul V -- Tidemark Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2024 06/19/24 Sold $650,000 +9.1% $382 / Sq Ft
05/17/2024 05/17/24 For Sale $595,900 0.0% $351 / Sq Ft
05/15/2024 05/15/24 Price Changed $595,900 -- $351 / Sq Ft
Source: Bright MLS

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 $956 $18,800 $7,950 $10,850
2024 $927 $18,800 $7,950 $10,850
2023 $926 $18,800 $7,950 $10,850
2022 $894 $18,800 $7,950 $10,850
2021 $512 $18,800 $7,950 $10,850
2020 $508 $18,800 $7,950 $10,850
2019 $509 $18,800 $7,950 $10,850
2018 $480 $18,800 $0 $0
2017 $463 $18,800 $0 $0
2016 $449 $18,800 $0 $0
2015 $432 $18,800 $0 $0
2014 $424 $18,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2062260

Bright MLS

APN: 335-12.06-52.00

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