NOT LISTED FOR SALE

201 Cedar St Lewes, DE 19958

Estimated Value: $945,263 - $1,240,000

0.16 Acre
$7,009,788 Price per Acre
7,000 Sq Ft Lot

Last Sold August 28, 2020

Last sale price $660,000

Est. 70% increase in value since last sale

Current estimated payment $5,981/month

Highlights

  • Water Oriented
  • Corner Lot
  • No HOA
  • Lewes Elementary School Rated A

About This Lot

As of August 2020

BUILD IN LEWES BEACH! Enjoy this fantastic opportunity to build your dream beach house, just a few lots away from the glistening Delaware Bay! Prime corner lot location puts you steps to the sand and potential views of the Bay, Canal, and Inlet. Enjoy water sports and strolling the beach, bike to fabulous shopping and dining in Downtown Historic Lewes and to renowned Cape Henlopen State Park! Seize the day and enjoy the best-kept secret on the East Coast!

Last Agent to Sell the Property

Lee Ann Wilkinson

(302) 278-6726 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064 Listed on: 12/18/2019

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

David Crowley

(302) 999-0708 dcrowley@pettinaro.com Pettinaro & Associates Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,328

Lot Details

  • 7,000 Sq Ft Lot
  • Lot Dimensions are 70 x 100 x 70 x 100
  • Corner Lot
  • Cleared Lot
  • Property is zoned TN, Town Codes

Additional Features

  • Flood Risk
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 335-04.20-88.00

Community Details

Overview

  • No Home Owners Association
  • Lewes Beach Subdivision

Recreation

  • Water Oriented
  • Property near a bay

Property Details

Property Type

Land

Est. Annual Taxes

$1,328

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Leasehold
  • Current Use: Residential
  • New Construction: No
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 97.13

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Features: Corner, Cleared
  • Lot Size Acres: 0.16
  • Lot Dimensions: 70 x 100 x 70 x 100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7000.00
  • Zoning: TN
  • Zoning Description: Town Codes
  • Farmland Preservation: No
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5213481
  • School Tax: 632.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1328.00
  • Assessor Parcel Number: 335-04.20-88.00
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2019
Closed on
Aug 20, 2019
Sold by
Lewes City Of
Bought by
Alma S Husbands Ret
Seller's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$550,000
Sold Price
$525,000
Premium/Discount to List
-$25,000
-4.55%
Current Estimated Value
$1,121,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$596,566
Avg. Annual Appreciation
13.05%
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
Alma S Husbands Ret -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/28/2020 08/28/20 Sold $660,000 -2.9% --
07/10/2020 07/10/20 Pending -- -- --
04/13/2020 04/13/20 Price Changed $679,900 -2.7% --
12/18/2019 12/18/19 For Sale $699,000 +33.1% --
08/22/2019 08/22/19 Sold $525,000 -4.5% -- View Prior Sale
06/26/2019 06/26/19 Pending -- -- --
06/26/2019 06/26/19 For Sale $550,000 -- --
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 $1,325 $14,850 $7,000 $7,850
2024 $732 $14,850 $7,000 $7,850
2023 $731 $14,850 $7,000 $7,850
2022 $706 $14,850 $7,000 $7,850
2021 $699 $14,850 $7,000 $7,850
2020 $697 $14,850 $7,000 $7,850
2019 $402 $14,850 $7,000 $7,850
2018 $379 $14,850 $0 $0
2017 $625 $14,850 $0 $0
2016 $355 $14,850 $0 $0
2015 $341 $14,850 $0 $0
2014 $335 $14,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU152864

Bright MLS

APN: 335-04.20-88.00