NOT LISTED FOR SALE

16539 E Kea Way Lewes, DE 19958

Estimated Value: $758,000 - $776,000

2 Beds
2.5 Baths
2,503 Sq Ft
$307/Sq Ft Est. Value

Last Sold April 11, 2025

Last sale price $754,940 $302 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,380/month

244 Days on Market

Highlights

  • New Construction
  • Rambler Architecture
  • Community Pool
  • Lewes Elementary School Rated A
  • Great Room
  • Home Office

About This Home

As of April 2025

SPECIAL SAVINGS! Please see sales consultant for more information. Welcome to the Rockford home design. This home is available now! The popular Rockford model features a combination of open living space paired with traditional elements. This Single Story Ranch home features 3 bedrooms, 2.5 baths and a 2 car garage. Structural Features added to this home include a great room fireplace and an ultra spa bath in the primary suite. To schedule a tour and to receive a full brochure of all features in this home please contact our sales representatives. Have you heard of Tower Hill? K. Hovnanian proudly presents this community of luxury single family homes located on the East side of Route 1, a short bike ride to downtown Lewes, and within close proximity to the Lewes-Georgetown Bike Trail. The community will also offer upscale amenities such as a pool, clubhouse, fitness center, pickleball courts, community garden, lawn games as well as outdoor paths and common areas throughout. Tower Hill will also feature access to the Freeman Institute - a series of life-enrichment classes for homeowners covering a wide variety of special interest topics.

Last Agent to Sell the Property

Barbara Heilman

(302) 378-9510 bheilman@yourdehome.com Delaware Homes Inc License #RB-0002882 Listed on: 07/22/2024

Last Buyer's Agent

Carol Strasfeld

(301) 806-8871 carolstrasfeld@gmail.com Unrepresented Buyer Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 7,500 Sq Ft Lot
  • Property is in excellent condition

HOA Fees

  • $270 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Rambler Architecture
  • Advanced Framing

Interior Spaces

  • 2,503 Sq Ft Home
  • Property has 1 Level
  • Great Room
  • Dining Room
  • Home Office
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Utilities

  • 90% Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 335-08.00-1202.00

Community Details

Overview

  • Built by K. Hovnanian Homes
  • Tower Hill Subdivision, Rockford Floorplan

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$270 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2024
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Great Room, Office
  • Basement: No
  • Total Sq Ft: 2503
  • Living Area Sq Ft: 2503
  • Price Per Sq Ft: 301.61
  • Above Grade Finished Sq Ft: 2503
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Advanced Framing
  • Construction Completed: No
  • 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: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 270.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Property Condition: Excellent
  • Zoning: RESIDENTIAL
  • In City Limits: No

Building Info

  • Builder Name: K. Hovnanian Homes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 335-08.00-1202.00

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2024
Closed on
Apr 11, 2025
Sold by
K Hovnanian At Tower Hill Llc
Bought by
Zhang Shunli and Li Yonghong
Seller's Agent
Barbara Heilman
Delaware Homes Inc
Buyer's Agent
Carol Strasfeld
Unrepresented Buyer Office
List Price
$897,596
Sold Price
$754,940
Premium/Discount to List
-$142,656
-15.89%
Views
41
Current Estimated Value
$760,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,811
Avg. Annual Appreciation
2.48%
Original Mortgage
$310,000
Outstanding Balance
$308,653
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$459,743

Purchase Details

Closed on
Sep 16, 2024
Sold by
Cmf Tower Hill Llc
Bought by
K Hovnanian At Tower Hill Llc
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
Zhang Shunli $754,940 None Listed On Document
Zhang Shunli $754,940 None Listed On Document
K Hovnanian At Tower Hill Llc $225,000 None Listed On Document
K Hovnanian At Tower Hill Llc $225,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Shunli $310,000
Closed Zhang Shunli $310,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2025 04/11/25 Sold $754,940 0.0% $302 / Sq Ft
03/24/2025 03/24/25 Price Changed $754,940 -1.9% $302 / Sq Ft
03/23/2025 03/23/25 Pending -- -- --
03/12/2025 03/12/25 Price Changed $769,900 -3.8% $308 / Sq Ft
03/07/2025 03/07/25 Price Changed $799,900 -5.9% $320 / Sq Ft
03/02/2025 03/02/25 Price Changed $849,900 +6.3% $340 / Sq Ft
01/29/2025 01/29/25 Price Changed $799,900 -4.2% $320 / Sq Ft
10/29/2024 10/29/24 Price Changed $834,900 -0.6% $334 / Sq Ft
10/25/2024 10/25/24 Price Changed $839,900 -0.6% $336 / Sq Ft
07/22/2024 07/22/24 Price Changed $844,900 -5.9% $338 / Sq Ft
07/22/2024 07/22/24 For Sale $897,596 -- $359 / 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 $1,485 $0 $0 $0
2024 $246 $0 $0 $0
2023 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2066950

Bright MLS

APN: 335-8.00-1302.00