NOT LISTED FOR SALE

17324 King Philip Way Unit 37 Lewes, DE 19958

Estimated Value: $304,686 - $513,000

3 Beds
2.5 Baths
1,800 Sq Ft
$251/Sq Ft Est. Value

Last Sold March 03, 2023

Last sale price $423,900 $236 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,696/month

9 Days on Market

Highlights

  • 10.34 Acre Lot
  • Contemporary Architecture
  • Community Pool
  • Lewes Elementary School Rated A
  • 1 Fireplace
  • 1 Car Attached Garage

About This Home

As of March 2023

Move in ready townhouse in the Reserves of Nassau! This 3 bedroom, 2.5 bath townhome has been freshly painted and new carpet installed throughout. The first floor includes a sitting area, kitchen, dining room and large living room space, screened in porch, laundry and a powder room. There is an en-suite , additional 2 bedrooms and a hall bath on the 2nd floor. Need additional space and storage, The unfinished walkout basement with a patio that backs up to the trees could be finished off as an additional bedroom or living space. This community is located east of Route 1 and is a short drive to shopping, dinning, historic downtown Lewes and Lewes Beach, also right next to the Lewes-Georgetown bike trail, hop on and go to the library, downtown restaurants and even the beach. Great opportunity to live the beach life!

Last Agent to Sell the Property

Rachel Cooper

(302) 670-9619 rachel.cooper@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0031036 Listed on: 12/14/2022

Berkshire Hathaway HomeServices PenFed Realty

Co-Listed By

Patricia Price

patprice@gotogallo.com Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Julie Gritton

(302) 645-1111 julie@selltheshore.com Coldwell Banker Premier - Lewes License #RA-0031139

Coldwell Banker Premier - Lewes

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,229

Year Built

  • Built in 2004

Lot Details

  • 10.34

HOA Fees

  • $253 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Open Parking Space
  • 1 Driveway Space
  • Front Facing Garage
  • Parking Lot

Home Design

  • Semi-Detached or Twin Home
  • Contemporary Architecture
  • Side-by-Side
  • Block Foundation
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,800 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Metered Propane
  • Propane Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-05.00-81.00-37

Community Details

Overview

  • $500 Capital Contribution Fee
  • Association fees include common area maintenance, lawn maintenance, pool(s), road maintenance, snow removal, trash, management
  • $175 Other One-Time Fees
  • Reserves Of Nassau Subdivision
  • Property Manager

Recreation

  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,229

Year Built

Built in 2004

Lot Details

0

HOA Fees

$253 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Contemporary, Side-By-Side
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Remarks Public: Move in ready townhouse in the Reserves of Nassau! This 3 bedroom, 2.5 bath townhome has been freshly painted and new carpet installed throughout. The first floor includes a sitting area, kitchen, dining room and large living room space, screened in porch, laundry and a powder room. There is an en-suite , additional 2 bedrooms and a hall bath on the 2nd floor. Need additional space and storage, The unfinished walkout basement with a patio that backs up to the trees could be finished off as an additional bedroom or living space. This community is located east of Route 1 and is a short drive to shopping, dinning, historic downtown Lewes and Lewes Beach, also right next to the Lewes-Georgetown bike trail, hop on and go to the library, downtown restaurants and even the beach. Great opportunity to live the beach life!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplaces Count: 1
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Unfinished, Full, Walkout Level
  • Total Sq Ft: 1800
  • Living Area Sq Ft: 1800
  • Price Per Sq Ft: 241.61
  • Above Grade Finished Sq Ft: 1800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 17324

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Driveway, Parking Lot
  • Number of Spaces in Driveway: 1
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Metered
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 253.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Pool(s), Road Maintenance, Snow Removal, Trash, Management
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Other Fees: 175.00
  • Other Fees Frequency: One Time
  • Capital Contribution Fee: 500.00

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 999
  • Lot Size Acres: 10.34
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 450410.00
  • Year Assessed: 2022
  • Zoning: C-1
  • In City Limits: No

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5207895
  • School Tax: 1114.00
  • Tax Annual Amount: 1229.00
  • Assessor Parcel Number: 334-05.00-81.00-37
  • Tax Total Finished Sq Ft: 468
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 03/03/2023

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2023
Sold by
Smithson Keith Allen
Bought by
Smithson Family Trust and Smithson
Current Estimated Value
$451,422

Purchase Details

Listed on
Dec 14, 2022
Closed on
Jan 25, 2023
Sold by
Davis James C
Bought by
Smithson Keith Allen
Seller's Agent
Rachel Cooper
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Julie Gritton
Coldwell Banker Premier - Lewes
List Price
$434,900
Sold Price
$423,900
Premium/Discount to List
-$11,000
-2.53%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.46%
Original Mortgage
$360,300
Interest Rate
6%
Mortgage Type
New Conventional
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
Smithson Family Trust -- None Listed On Document
Smithson Family Trust -- None Listed On Document
Smithson Keith Allen $423,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smithson Keith Allen $360,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2023 03/03/23 Sold $423,900 -2.5% $236 / Sq Ft
12/23/2022 12/23/22 Pending -- -- --
12/14/2022 12/14/22 For Sale $434,900 -- $242 / 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 $903 $25,350 $0 $25,350
2024 $1,274 $25,350 $0 $25,350
2023 $1,273 $25,350 $0 $25,350
2022 $1,229 $25,350 $0 $25,350
2021 $1,217 $25,350 $0 $25,350
2020 $1,214 $25,350 $0 $25,350
2019 $1,215 $25,350 $0 $25,350
2018 $1,135 $25,850 $0 $0
2017 $1,087 $25,850 $0 $0
2016 $1,033 $25,850 $0 $0
2015 $987 $25,850 $0 $0
2014 $979 $25,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rachel Cooper

    Seller's Agent in 2023

    Rachel Cooper

    BHHS PenFed (actual)

    (302) 670-9619

    14 in this area

    76 Total Sales

    Rachel Cooper
    Section Image

  • P

    Seller Co-Listing Agent in 2023

    Patricia Price

    BHHS PenFed (actual)

    3 in this area

    7 Total Sales

    Patricia Price
    Section Image
  • Julie Gritton

    Buyer's Agent in 2023

    Julie Gritton

    Coldwell Banker Premier - Lewes

    (302) 645-1111

    82 in this area

    368 Total Sales

    Julie Gritton
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2033256

Bright MLS

APN: 334-05.00-81.00-37

Delaware Sussex County Lewes 19958

17324 King Philip Way Unit 37, Lewes, DE

This home is located at 17324 King Philip Way Unit 37, Lewes, DE 19958 since 14 December 2022 and is currently estimated at $451,422, approximately $250 per square foot. This property was built in 2004. 17324 King Philip Way Unit 37 is a home located in Sussex County with nearby schools including Lewes Elementary School, Mariner Middle School, and Cape Henlopen High School.

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