NOT LISTED FOR SALE

159 Paddock Way Lewes, DE 19958

Estimated Value: $1,260,000 - $1,651,000

6 Beds
4.5 Baths
4,249 Sq Ft
$363/Sq Ft Est. Value

Last Sold September 27, 2024

Last sale price $1,551,400 $365 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $8,658/month

56 Days on Market

Highlights

  • Bar or Lounge
  • New Construction
  • Eat-In Gourmet Kitchen
  • Lewes Elementary School Rated A
  • Water Oriented
  • Open Floorplan

About This Home

As of September 2024

Stunning 6 Bedroom Home with 3 Finished Levels with a total of 4,249 Sq. Ft. of Living Space! Spacious Home Incorporating Luxurious Design Elements & Offering a Seamless Blend of Comfort and Style! This impressive new home, a quick move-in opportunity currently under construction, offers a spacious and well-designed living space. The Barbados model provides ample room for comfortable living. Upon entry you are welcomed to a gracious foyer and an 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 champagne bronze 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, loft, 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 backyard. *Photos may not be of actual home. Photos may be of similar home/floorplan if home is under construction or if this is a base price listing.

Last Agent to Sell the Property

Brittany Newman

(240) 457-9391 bnewman@drbgroup.com DRB Group Realty, LLC Listed on: 06/12/2024

DRB Group Realty, LLC

Last Buyer's Agent

Elliot Welan

(703) 568-6321 elliot@activeadultsrealty.com Active Adults Realty License #RS-0022602

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,000

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 10,135 Sq Ft Lot
  • Property is in excellent condition
  • Property is zoned AR-1

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Front Facing Garage

Home Design

  • Craftsman Architecture
  • Slab Foundation
  • Architectural Shingle Roof
  • HardiePlank Type

Interior Spaces

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

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water Oriented
  • Property near a bay
  • Balcony
  • Deck
  • Screened Patio
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Programmable Thermostat
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 64

Community Details

Overview

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

Amenities

  • Common Area
  • Clubhouse
  • Bar or Lounge

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,000

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$250 per month

Parking

3

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
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Dishwasher, Disposal, Stainless Steel Appliances, Cooktop, Oven - Wall, Washer, Dryer
  • Flooring Type: Luxury Vinyl Plank, Carpet, Ceramic Tile
  • 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
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 3
  • Room List: Primary Bedroom, Kitchen, Family Room
  • Basement: Yes
  • Basement Type: Walkout Level, Fully Finished
  • Total Sq Ft: 4249
  • Living Area Sq Ft: 4249
  • Price Per Sq Ft: 519.73
  • Above Grade Finished Sq Ft: 3040
  • Below Grade Finished Sq Ft: 1209
  • Total Below Grade Sq Ft: 1209
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 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
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Hardiplank Type
  • Construction Completed: No
  • Roof: Architectural Shingle
  • Water Access: No
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Programmable Thermostat, Zoned
  • Heating Fuel: Natural Gas
  • Heating Type: Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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, Bar/Lounge, Common Grounds
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10135.00
  • Outdoor Living Structures: Balcony, Porch(es), Screened, Patio(s), Deck(s)
  • Property Condition: Excellent
  • Zoning: AR-1
  • In City Limits: Yes

Building Info

  • Builder Name: DRB Homes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3000.00
  • Assessor Parcel Number: NO TAX RECORD
  • Tax Lot: 64
  • Tax Year: 2024

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2024
Closed on
Sep 27, 2024
Sold by
Drb Group Eastern Shore Llc
Bought by
Noel David R and Noel Carol W
Seller's Agent
Brittany Newman
DRB Group Realty, LLC
Buyer's Agent
Elliot Welan
Active Adults Realty
List Price
$1,579,990
Sold Price
$1,551,400
Premium/Discount to List
-$28,590
-1.81%
Views
16
Current Estimated Value
$1,541,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,519
Avg. Annual Appreciation
-0.59%
Original Mortgage
$766,000
Outstanding Balance
$758,158
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$783,723

Purchase Details

Closed on
Mar 4, 2024
Sold by
Olde Town Lewes Lp
Bought by
Drb Group Eastern Shore Llc
Source: Public Records

Range of Values:

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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
Noel David R $1,551,400 None Listed On Document
Noel David R $1,551,400 None Listed On Document
Noel David R $1,551,400 None Listed On Document
Drb Group Eastern Shore Llc $529,900 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Noel David R $766,000
Closed Noel David R $766,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2024 09/27/24 Sold $1,551,400 -1.8% $365 / Sq Ft
08/07/2024 08/07/24 Pending -- -- --
06/12/2024 06/12/24 For Sale $1,579,990 -- $372 / 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 $2,792 $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: DESU2064404

Bright MLS

APN: 335-8.00-1635.00