NOT LISTED FOR SALE

20040 Ward Rd Lewes, DE 19958

Estimated Value: $373,077 - $1,130,000

0.77 Acre
$1,118,206 Price per Acre
33,541 Sq Ft Lot

Last Sold April 28, 2021

Last sale price $388,000

Est. 119% increase in value since last sale

Current estimated payment $4,838/month

4 Days on Market

Highlights

  • 117 Feet of Waterfront
  • 1 Boat Dock
  • Fishing Allowed
  • Love Creek Elementary School Rated A
  • Pier
  • 0.77 Acre Lot

About This Lot

As of April 2021

Rare waterfront opportunity within 3 miles of route 1. Quiet setting with so much potential to build your dream home. Higher ground, mature trees and very little traffic make this a waterfront oasis. Just imagine sitting on your back deck or screened porch watching the stunning sunsets. Lot also listed as a lot/home package with Caruso Homes. Call me for more information!

Last Agent to Sell the Property

Georgie Penny

Cape Realty Listed on: 03/15/2021

Last Buyer's Agent

Bryce Lingo

Jack Lingo - Rehoboth License #RA-0001746

Jack Lingo - Rehoboth

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $420

Lot Details

  • 0.77 Acre Lot
  • Lot Dimensions are 117x290
  • 117 Feet of Waterfront
  • Home fronts navigable water
  • Creek or Stream
  • Rural Setting
  • Corner Lot
  • Open Lot
  • Tidal Wetland on Lot
  • Property is zoned GR, General Residential

Property Views

  • Creek or Stream Views

Location

  • Flood Risk
  • Property is near a creek

Utilities

  • Well
  • No Septic Approved

Listing and Financial Details

  • Assessor Parcel Number 334-11.00-98.00

Community Details

Overview

  • No Home Owners Association

Recreation

  • Fishing Allowed
  • Pier
  • Canoe or Kayak Water Access
  • Private Water Access
  • Personal Watercraft
  • Waterski or Wakeboard
  • 1 Boat Dock
  • Private Dock Site
  • Stream or River on Lot
  • Powered Boats Permitted

Property Details

Property Type

Land

Est. Annual Taxes

$420

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Residential
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Remarks Public: Rare waterfront opportunity within 3 miles of route 1. Quiet setting with so much potential to build your dream home. Higher ground, mature trees and very little traffic make this a waterfront oasis. Just imagine sitting on your back deck or screened porch watching the stunning sunsets. Lot also listed as a lot/home package with Caruso Homes. Call me for more information!
  • Special Features: VirtualTour

Interior Features

  • Price Per Sq Ft: 11.91
  • Street Number Modifier: 20040

Exterior Features

  • Road Surface Type: Paved
  • View: Creek/Stream
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: Love Creek
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 117

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner, Open, Rural, Stream/Creek, Tidal Wetland
  • Lot Size Acres: 0.77
  • Lot Dimensions: 117x290
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 33541.00
  • Zoning: GR
  • Zoning Description: General Residential
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Multi Family

  • Federal Flood Zone: X500, X, AE
  • Waterfront Features: Private Dock Site

Tax Info

  • Assessor Parcel Number: 5189461
  • Tax Annual Amount: 420.00
  • Assessor Parcel Number: 334-11.00-98.00
  • Tax Year: 2020
  • Close Date: 04/28/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2021
Closed on
Apr 23, 2021
Sold by
Laura E Fisher T
Bought by
James O Altrichter Ret
Seller's Agent
Georgie Penny
Cape Realty
Buyer's Agent
Bryce Lingo
Jack Lingo - Rehoboth
List Price
$399,500
Sold Price
$388,000
Premium/Discount to List
-$11,500
-2.88%
Current Estimated Value
$850,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$462,245
Avg. Annual Appreciation
19.37%
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
James O Altrichter Ret $388,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2021 04/28/21 Sold $388,000 -2.9% --
03/20/2021 03/20/21 For Sale $399,500 0.0% --
03/19/2021 03/19/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $399,500 -- --
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 $2,464 $8,950 $4,000 $4,950
2023 $441 $8,950 $4,000 $4,950
2022 $425 $8,950 $4,000 $4,950
2021 $421 $8,950 $4,000 $4,950
2020 $420 $8,950 $4,000 $4,950
2019 $421 $8,950 $4,000 $4,950
2018 $393 $8,950 $0 $0
2017 $376 $8,950 $0 $0
2016 $358 $8,950 $0 $0
2015 $342 $8,950 $0 $0
2014 $339 $8,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU179234

Bright MLS

APN: 334-11.00-98.00