NOT LISTED FOR SALE

16456 Old Mill Rd Lewes, DE 19958

Estimated Value: $615,099 - $687,000

4 Beds
4 Baths
2,800 Sq Ft
$232/Sq Ft Est. Value

Sale Details

Date Sold: March 10, 2020

Last sale price $385,000 $138 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,503 / mo

About This Home

If you want to enjoy secluded and tranquil living yet have just a short drive to the beach this is your dream home! This lushly landscaped paradise is on over 3/4 of an acre with a pond and gorgeous gardens. Gleaming hardwood floors throughout. Spacious kitchen with stainless appliances, large pantry, breakfast bar and built-in seating area. Family room, living room and light filled sun room for relaxing and entertaining guests. Two bedrooms and two full baths along with a mudroom complete the first floor. Second floor with three large bedrooms and two full baths. (First and second floor master bedrooms) There also a bonus area with full bath above the garage. Close to restaurants, shopping and the beach! Buyers have 1st option to purchase adjacent lot. Septic system is for a 3BR home. $10,000 credit towards closing costs for acceptable offer.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2019
Closed on
Mar 6, 2020
Sold by
Bartels Lisa
Bought by
Edward and Roy Michael
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Julie Gritton
Coldwell Banker Premier - Lewes
List Price
$499,000
Sold Price
$385,000
Premium/Discount to List
-$114,000
-22.85%
Current Estimated Value
$644,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,767
Avg. Annual Appreciation
8.81%
Original Mortgage
$160,000
Outstanding Balance
$141,703
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$506,572

Purchase Details

Listed on
Jun 21, 2012
Closed on
May 10, 2013
Sold by
Wright Harry Joseph and Wright Paula Kline
Bought by
Bartels Lisa
Seller's Agent
Camilla Conlon
Jack Lingo - Rehoboth
Buyer's Agent
MELISS THOROUGHGOOD
RE/MAX Realty Group Rehoboth
List Price
$325,000
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.50%
Original Mortgage
$292,500
Interest Rate
3.57%

Purchase Details

Listed on
Jun 21, 2012
Closed on
May 1, 2013
Sold by
Wright Harry Joseph and Wright Paula Kline
Bought by
Bartels Lisa
Seller's Agent
Camilla Conlon
Jack Lingo - Rehoboth
Buyer's Agent
MELISS THOROUGHGOOD
RE/MAX Realty Group Rehoboth
List Price
$325,000
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
3.57%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Edward $385,000 None Available
Bartels Lisa $325,000 --
Wright Harry Joseph -- --
Bartels Lisa $325,000 --
Wright Harry Joseph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edward $160,000
Previous Owner Wright Harry Joseph $292,500
Previous Owner Wright Harry Joseph $292,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/10/2020 03/10/20 Sold $385,000 -12.5% $138 / Sq Ft View Prior Sale
02/08/2020 02/08/20 Pending -- -- --
01/03/2020 01/03/20 Price Changed $440,000 -2.2% $157 / Sq Ft
11/06/2019 11/06/19 Price Changed $450,000 -3.2% $161 / Sq Ft
10/31/2019 10/31/19 Price Changed $465,000 -2.1% $166 / Sq Ft
06/25/2019 06/25/19 Price Changed $475,000 -4.8% $170 / Sq Ft
05/17/2019 05/17/19 For Sale $499,000 +53.5% $178 / Sq Ft
05/06/2013 05/06/13 Sold $325,000 0.0% $161 / Sq Ft View Prior Sale
02/28/2013 02/28/13 Pending -- -- --
06/21/2012 06/21/12 For Sale $325,000 -- $161 / Sq Ft

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 $1,006 $21,350 $2,300 $19,050
2024 $1,195 $21,350 $2,300 $19,050
2023 $1,194 $21,350 $2,300 $19,050
2022 $1,153 $21,350 $2,300 $19,050
2021 $1,142 $21,350 $2,300 $19,050
2020 $1,139 $21,350 $2,300 $19,050
2019 $1,140 $21,350 $2,300 $19,050
2018 $938 $21,350 $0 $0
2017 $898 $21,350 $0 $0
2016 $853 $21,350 $0 $0
2015 $815 $21,350 $0 $0
2014 $809 $21,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • DEBBIE REED

    Seller's Agent in 2020

    DEBBIE REED

    RE/MAX

    (302) 227-3818

    228 in this area

    755 Total Sales

    DEBBIE REED
    Section Image

  • M

    Seller Co-Listing Agent in 2020

    MELISS THOROUGHGOOD

    RE/MAX

    (302) 227-4800

    2 Total Sales

    MELISS THOROUGHGOOD
    Section Image
  • Julie Gritton

    Buyer's Agent in 2020

    Julie Gritton

    Coldwell Banker Premier - Lewes

    (302) 645-1111

    84 in this area

    361 Total Sales

    Julie Gritton
    Section Image
  • Camilla Conlon

    Seller's Agent in 2013

    Camilla Conlon

    Jack Lingo - Rehoboth

    (800) 345-3469

    6 in this area

    34 Total Sales

    Camilla Conlon
    Section Image
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Map

Delaware Sussex County Lewes 19958

16456 Old Mill Rd, Lewes, DE

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