NOT LISTED FOR SALE

18383 Locust Ln Lewes, DE 19958

Estimated Value: $472,301

3 Beds
2 Baths
1,680 Sq Ft
$281/Sq Ft Est. Value

Last Sold January 19, 2024

Last sale price $415,000 $247 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,539/month

9 Days on Market

Highlights

  • Rambler Architecture
  • Wood Flooring
  • 1 Car Direct Access Garage
  • Love Creek Elementary School Rated A
  • Formal Dining Room
  • Family Room Off Kitchen

About This Home

As of January 2024

Move-in ready in Sandy Brae! This well-maintained 3 bed, 2 bath home has been gently used as a second home and is ready for it's new owner. Located just 5 miles from downtown Lewes and Rehoboth. Enjoy all that coastal Delaware has to offer -- Local restaurants, biking trails, outlet shopping, beaches, state parks and so much more! Inside you'll find a spacious living room with designated dining area, eat-in kitchen with updated appliances and enclosed rear porch perfect for enjoying your morning coffee. Sitting on almost 1/3 of an acre, there is plenty of room to create your very own backyard oasis -- Pools are permitted! Extra deep single-car garage and pull-down attic access allow for extra storage. All electric home offers low utility costs and the community of Sandy Brae features a prime location within the Cape Henlopen School District and low HOA fees of just $125 annually. This property could be your perfect coastal getaway or full-time residence. Schedule a tour today!

Last Agent to Sell the Property

DEBBIE REED

(302) 227-3818 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 11/18/2023

RE/MAX Realty Group Rehoboth

Co-Listed By

Jessica Harrison

(302) 858-2021 jharrison@psre.com Patterson-Schwartz-Rehoboth License #RS0025562

Last Buyer's Agent

Kimberly Pasko

(717) 318-9379 kim.pasko@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty License #3319645

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Home Type

  • Modular Prefabricated Home

Year Built

  • Built in 1987

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 96.00 x 140.00
  • Cleared Lot
  • Back Yard

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • 3 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Single Family Detached Home
  • Rambler Architecture
  • Modular Prefabricated Home
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,680 Sq Ft Home
  • Property has 1 Level
  • Crown Molding
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Crawl Space
  • Eat-In Kitchen
  • Laundry on main level

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Electric Baseboard Heater
  • 200+ Amp Service
  • Well
  • Electric Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Porch

Listing and Financial Details

  • Assessor Parcel Number 334-06.00-607.00

Community Details

Overview

  • Association fees include common area maintenance, snow removal
  • Sandy Brae Subdivision
  • Property Manager

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Modular Prefabricated Home

Year Built

Built in 1987

Lot Details

0

HOA Fees

$10 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler, Modular/Pre-Fabricated
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Front Living Room Furniture Set & Matching Couch in Sunroom (if Buyer wants it).
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-11-19
  • Federal Flood Zone: No
  • Year Built: 1987
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: MobileManufactured
  • Stories: 0

Interior Features

  • Flooring Type: Hardwood, Carpet, Vinyl
  • Interior Amenities: Combination Kitchen/Dining, Crown Moldings, Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Eat-In, Pantry, Wood Floors
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1680
  • Living Area Sq Ft: 1680
  • Price Per Sq Ft: 247.02
  • Above Grade Finished Sq Ft: 1680
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Front Entry, Inside Access, Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Refuse: 300.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 125.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Snow Removal
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Lot Features: Cleared, Rear Yard
  • Lot Size Acres: 0.31
  • Lot Dimensions: 96.00 x 140.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13503.60
  • Outdoor Living Structures: Porch(es)
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 870.00
  • Assessor Parcel Number: 334-06.00-607.00

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2023
Closed on
Jan 19, 2024
Sold by
Wenrich Carl J and Wenrich Nancy J
Bought by
Tate Bryan K and Serpe Ralph M
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Kimberly Pasko
Berkshire Hathaway HomeServices PenFed Realty
List Price
$415,000
Sold Price
$415,000
Views
122
Current Estimated Value
$472,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,301
Avg. Annual Appreciation
6.61%
Original Mortgage
$83,000
Outstanding Balance
$29,298
Interest Rate
7.03%
Estimated Equity
$443,003
Source: Public Records
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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
Tate Bryan K $415,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tate Bryan K $83,000
Open Tate Bryan K $249,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2024 01/19/24 Sold $415,000 0.0% $247 / Sq Ft
11/18/2023 11/18/23 For Sale $415,000 -- $247 / 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 $929 $20,200 $3,000 $17,200
2024 $996 $20,200 $3,000 $17,200
2023 $995 $20,200 $3,000 $17,200
2022 $960 $20,200 $3,000 $17,200
2021 $951 $20,200 $3,000 $17,200
2020 $948 $20,200 $3,000 $17,200
2019 $950 $20,200 $3,000 $17,200
2018 $887 $20,200 $0 $0
2017 $849 $20,200 $0 $0
2016 $807 $20,200 $0 $0
2015 $771 $20,200 $0 $0
2014 $765 $20,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2051818

Bright MLS

APN: 334-06.00-607.00