NOT LISTED FOR SALE

18301 Spring Valley Ln Unit 38 Lewes, DE 19958

Estimated Value: $419,750 - $647,000

3 Beds
3 Baths
2,200 Sq Ft
$250/mo HOA Fee

Last Sold December 15, 2017

Last sale price $319,000 $145 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $3,333/month

Highlights

  • Gated Community
  • Lake View
  • Wood Flooring
  • Lewes Elementary School Rated A
  • Coastal Architecture
  • Main Floor Bedroom

About This Home

As of December 2017

This ideally located home has been meticulously maintained. If you're looking for maintenance free living in a quiet, gated community, this is it! Beautiful stone front home with a lovely view of the pond. Three bedrooms plus a huge loft and three full baths should provide all the room you'll need. If you want more, there is a full basement just waiting to be finished. Amenities include lawn care, clubhouse with fitness center, pool, tennis courts, and walking trails.

Last Agent to Sell the Property

PATRICIA FREEMAN

(301) 387-2000 pati@railey.com Railey Realty, Inc. Listed on: 03/31/2016

Railey Realty, Inc.

Co-Listed By

NORMAN BENNETT

(302) 227-6767 norman.bennett@oasir.net Monument Sotheby's International Realty

Last Buyer's Agent

Beth Foster

(302) 562-6909 delmarvabeth@gmail.com BAY COAST REALTY License #RS-0023861

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,053

Year Built

  • Built in 2007

Lot Details

  • Sprinkler System

HOA Fees

  • $250 Monthly HOA Fees

Property Views

  • Lake
  • Pond

Home Design

  • Coastal Architecture
  • Rambler Architecture
  • Entry on the 38th floor
  • Architectural Shingle Roof
  • Stone Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Stick Built Home

Interior Spaces

  • 2,200 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Family Room
  • Breakfast Room
  • Dining Room
  • Loft
  • Basement Fills Entire Space Under The House
  • Security Gate
  • Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Double Oven
  • Electric Oven or Range
  • Cooktop
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Screened Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Bottled Gas
  • Heating System Uses Propane
  • Vented Exhaust Fan
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 334-05.00-70-00-38

Community Details

Overview

  • Association fees include lawn maintenance
  • High-Rise Condominium
  • Nassau Grove Subdivision

Amenities

  • Community Center

Recreation

  • Tennis Courts
  • Community Pool
  • Jogging Path

Security

  • Security Service
  • Gated Community
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,053

Year Built

Built in 2007

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Coastal, Rambler, Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 2007
  • Remarks Public: This ideally located home has been meticulously maintained. If you're looking for maintenance free living in a quiet, gated community, this is it! Beautiful stone front home with a lovely view of the pond. Three bedrooms plus a huge loft and three full baths should provide all the room you'll need. If you want more, there is a full basement just waiting to be finished. Amenities include lawn care, clubhouse with fitness center, pool, tennis courts, and walking trails.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Icemaker, Refrigerator, Oven/Range - Electric, Oven - Double, Oven - Wall, Washer, Water Heater
  • Entry Floor: 38
  • Flooring Type: Carpet, Hardwood, Laminated
  • Interior Amenities: Attic, Kitchen - Eat-In, Entry Level Bedroom, Ceiling Fan(s), Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated, Storm
  • Foundation Details: Concrete Perimeter
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 8
  • Room List: Dining Room, Primary Bedroom, Kitchen, Family Room, Breakfast Room, Loft, Additional Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Living Area Units: Square Feet
  • Total Sq Ft: 2200
  • Living Area Sq Ft: 2200
  • Net Sq Ft: 2200.00
  • Price Per Sq Ft: 150.91
  • Above Grade Finished Sq Ft: 2200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 18301

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Stone, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Lawn Sprinkler, Sidewalks
  • Roof: Architectural Shingle
  • View: Lake, Pond
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage Door Opener
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Forced Air, Propane
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security Gate
  • Sewer/Septic System: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 3000.00
  • HOA Condo Co-Op Amenities: Community Center, Gated Community, Jog/Walk Path, Pool - Outdoor, Swimming Pool, Security, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Porch(es), Screened
  • Zoning Description: RESIDENTIAL PLANNED COMM.

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 334-05.00-70-00-38
  • County Tax Payment Frequency: Annually
  • Close Date: 12/15/2017

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2016
Closed on
Dec 14, 2017
Sold by
Schuler Wendy J and Seidel Christine S
Bought by
Broman Barbara M and Broman Kendall
Seller's Agent
PATRICIA FREEMAN
Railey Realty, Inc.
Buyer's Agent
Beth Foster
BAY COAST REALTY
List Price
$409,990
Sold Price
$319,000
Premium/Discount to List
-$90,990
-22.19%
Current Estimated Value
$564,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,938
Avg. Annual Appreciation
7.37%
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
Broman Barbara M $319,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2017 12/15/17 Sold $319,000 -3.9% $145 / Sq Ft
11/03/2017 11/03/17 Pending -- -- --
10/27/2017 10/27/17 Price Changed $332,000 -19.0% $151 / Sq Ft
03/31/2016 03/31/16 For Sale $409,990 -- $186 / 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 $1,053 $31,350 $0 $31,350
2024 $1,656 $31,350 $0 $31,350
2023 $1,655 $31,350 $0 $31,350
2022 $1,597 $31,350 $0 $31,350
2021 $1,582 $31,350 $0 $31,350
2020 $1,577 $31,350 $0 $31,350
2019 $1,580 $31,350 $0 $31,350
2018 $1,476 $33,600 $0 $0
2017 $1,413 $33,600 $0 $0
2016 $1,342 $33,600 $0 $0
2015 $1,282 $33,600 $0 $0
2014 $1,273 $33,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001015708

Bright MLS

APN: 334-05.00-70.00-38