NOT LISTED FOR SALE

2 University Ct Lewes, DE 19958

Estimated Value: $314,984 - $1,143,000

0.56 Acre
$1,480,796 Price per Acre
24,394 Sq Ft Lot

Last Sold May 09, 2017

Last sale price $220,000

Est. 277% increase in value since last sale

Current estimated payment $4,530/month

About This Lot

As of May 2017

Your opportunity has come to own a lot in Lewes. This oversized corner lot cleared and walking distance to downtown. Buy now and build your dream home when the time is right for you. Don't let this lot slip away.

Last Agent to Sell the Property

Matt Brittingham

(302) 344-9026 Matt@DelawareShoreProperties.com Patterson-Schwartz-Rehoboth License #RA-0003405 Listed on: 04/23/2016

Patterson-Schwartz-Rehoboth

Co-Listed By

MIke TRITAPOE

mtritapoe@psre.com Patterson-Schwartz-Rehoboth

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $535

Lot Details

  • 0.56 Acre Lot
  • Lot Dimensions are 98x135x138x90
  • Cleared Lot
  • Zoning described as TOWN CODES

HOA Fees

  • $15 Monthly HOA Fees

Community Details

  • Reserve At Pilottown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 335-8.00-491.00

Property Details

Property Type

Land

Est. Annual Taxes

$535

Lot Details

0

HOA Fees

$15 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Remarks Public: Your opportunity has come to own a lot in Lewes. This oversized corner lot cleared and walking distance to downtown. Buy now and build your dream home when the time is right for you. Don't let this lot slip away.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 10.23
  • Street Number Modifier: 2

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 180.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Association Recreation Fee: No

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 0.56
  • Lot Size Area: 24426
  • Lot Dimensions: 98x135x138x90
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 24426.00
  • Zoning Description: TOWN CODES
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5214803
  • Tax Annual Amount: 535.00
  • Assessor Parcel Number: 335-8.00-491.00
  • County Tax Payment Frequency: Annually
  • Close Date: 05/09/2017

Multi Family

  • Income Expense List: Total Tax Bill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2021
Sold by
Gallo Joseph
Bought by
Joseph P Gallo Ret
Current Estimated Value
$829,246

Purchase Details

Listed on
Apr 23, 2016
Closed on
Jul 6, 2017
Sold by
Woodall Linda L and Woodall Lloyd S
Bought by
Gallo Joseph and Gallo Shelly
Seller's Agent
Matt Brittingham
Patterson-Schwartz-Rehoboth
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$249,900
Sold Price
$220,000
Premium/Discount to List
-$29,900
-11.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.13%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Joseph P Gallo Ret -- None Available
Gallo Joseph $22,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2017 05/09/17 Sold $220,000 -12.0% --
03/29/2017 03/29/17 Pending -- -- --
04/23/2016 04/23/16 For Sale $249,900 -- --
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 $1,431 $6,750 $6,750 $0
2024 $2,151 $6,750 $6,750 $0
2023 $2,150 $6,750 $6,750 $0
2022 $2,076 $6,750 $6,750 $0
2021 $2,057 $6,750 $6,750 $0
2020 $344 $6,750 $6,750 $0
2019 $344 $6,750 $6,750 $0
2018 $323 $6,750 $0 $0
2017 $311 $6,750 $0 $0
2016 $297 $6,750 $0 $0
2015 $285 $6,750 $0 $0
2014 $271 $6,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001199202

Bright MLS

APN: 335-08.00-491.00