NOT LISTED FOR SALE

18416 Arabian Acres Rd Lewes, DE 19958

Estimated Value: $332,309 - $555,000

4 Beds
2.5 Baths
3,400 Sq Ft
$124/Sq Ft Est. Value

Last Sold April 18, 2012

Last sale price $116,000 $34 Per Sq Ft

Est. 347% increase in value since last sale

Current estimated payment $2,958/month

1,125 Days on Market

Highlights

  • Attic
  • Corner Lot
  • No HOA
  • Love Creek Elementary School Rated A
  • Great Room
  • Breakfast Room

About This Home

As of April 2012

WOW!!!! Owners sacrifice is your chance for a great investment!! The recent $25,000 of price reductions has this home priced to sell!! Newly constructed and within a short distance to area beaches and other local attractions. Act fast. Being Sold As Is unfinished bring offers!!

Last Agent to Sell the Property

Dan Sander

RE/MAX Realty Group Rehoboth Listed on: 03/19/2009

RE/MAX Realty Group Rehoboth

Last Buyer's Agent

Dan Sander

RE/MAX Realty Group Rehoboth Listed on: 03/19/2009

RE/MAX Realty Group Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,459

Lot Details

  • Corner Lot
  • Irregular Lot
  • Sprinkler System

Home Design

  • Block Foundation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 3,400 Sq Ft Home
  • Property has 2 Levels
  • Insulated Windows
  • Insulated Doors
  • Great Room
  • Dining Room
  • Crawl Space
  • Breakfast Room
  • Laundry Room
  • Attic

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • Attached Garage
  • Driveway
  • Off-Street Parking

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Gravity Septic Field

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 334-10.00-77.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,459

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Attic, Breakfast Area, Pantry
  • Window Features: Insulated
  • Fireplace: No
  • Door Features: Insulated
  • Foundation Details: Block, Crawl Space
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 4
  • Room List: Dining Room, Breakfast Room, Great Room, Laundry
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 3400
  • Living Area Sq Ft: 3400
  • Net Sq Ft: 3400.00
  • Price Per Sq Ft: 36.76
  • Above Grade Finished Sq Ft: 3400
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: Yes
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Heat Pump(s)
  • Sewer/Septic System: Gravity Sept Fld
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

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

Lot Info

  • Lot Features: Irregular

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5188985
  • Assessor Parcel Number: 334-10.00-77.00
  • County Tax Payment Frequency: Annually
  • Close Date: 04/18/2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2009
Closed on
Apr 18, 2012
Bought by
Brinelus Ivonia and Brinelus Luckmond
Seller's Agent
Dan Sander
RE/MAX Realty Group Rehoboth
Buyer's Agent
Dan Sander
RE/MAX Realty Group Rehoboth
List Price
$116,000
Sold Price
$116,000
Current Estimated Value
$518,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$402,024
Avg. Annual Appreciation
10.59%
Original Mortgage
$206,113
Outstanding Balance
$147,601
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$295,920
Source: Public Records

Range of Values:

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Average Value
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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
Brinelus Ivonia $116,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brinelus Ivonia $206,113
Closed Viebrock John $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2012 04/18/12 Sold $116,000 0.0% $34 / Sq Ft
04/17/2012 04/17/12 Pending -- -- --
03/19/2009 03/19/09 For Sale $116,000 -- $34 / 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
2024 $1,459 $29,350 $1,500 $27,850
2023 $1,458 $29,350 $1,500 $27,850
2022 $1,407 $29,350 $1,500 $27,850
2021 $1,382 $29,350 $1,500 $27,850
2020 $1,378 $29,350 $1,500 $27,850
2019 $1,380 $29,350 $1,500 $27,850
2018 $1,289 $29,350 $0 $0
2017 $1,234 $29,350 $0 $0
2016 $1,172 $29,350 $0 $0
2015 $1,052 $29,350 $0 $0
2014 $1,004 $27,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000947332

Bright MLS

APN: 334-10.00-77.00