NOT LISTED FOR SALE

205 E Savannah Rd Lewes, DE 19958

Estimated Value: $2,655,000 - $2,822,000

9 Beds
8 Baths
3,600 Sq Ft
$766/Sq Ft Est. Value

Sale Details

Date Sold: September 11, 2013

Last sale price $433,000 $120 Per Sq Ft

Est. 537% increase in value since last sale

Current estimated payment $15,034 / mo

154 Days on Market

Highlights

  • Second Kitchen
  • Bay View
  • Deck
  • Lewes Elementary School Rated A
  • Colonial Architecture
  • 4-minute walk to Otis Smith Park

About This Home

As of September 2013

Bank Owned property, previously operating as a B&B. Zoned Commercial. This historical piece of Lewes has so many possibilities, located only 1 block from Lewes Beach with Bay views. Make it your own!

Last Agent to Sell the Property

KATINA GERALIS

kgeralis@kw.com KELLER WILLIAMS REALTY - WILMINGTON Listed on: 03/15/2013

Last Buyer's Agent

datacorrect BrightMLS

(844) 552-7444 datacorrect@brightmls.com Non Subscribing Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1840

Lot Details

  • 4,792

Home Design

  • Colonial Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Brick Front
  • Stick Built Home
  • Cedar

Interior Spaces

  • 3,600 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Insulated Windows
  • Mud Room
  • Great Room
  • Sitting Room
  • Den
  • Storage Room
  • Bay Views
  • Attic

Kitchen

  • Second Kitchen
  • Electric Oven or Range
  • Range Hood

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • Tuck Under Parking
  • Driveway
  • Off-Street Parking

Utilities

  • Cooling System Utilizes Bottled Gas
  • Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Vented Exhaust Fan

Additional Features

  • Deck
  • 4,792 Sq Ft Lot
  • Flood Risk

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 335-04.20-191.00

Home Details

Home Type

Single Family

Year Built

Built in 1840

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Leasehold
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1840
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Exhaust Fan, Oven/Range - Electric, Range Hood, Refrigerator, Washer/Dryer Hookups Only
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Attic, 2nd Kitchen, Ceiling Fan(s)
  • Window Features: Insulated
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Level Count: 3
  • Levels Count: 3+
  • Room List: Sitting Room, Den, Great Room, Laundry, Mud Room, Storage Room
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 3600
  • Living Area Sq Ft: 3600
  • Net Sq Ft: 3600.00
  • Price Per Sq Ft: 138.86
  • Above Grade Finished Sq Ft: 3600
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 9
  • Total Bathrooms: 8
  • Full Bathrooms: 8

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Brick Front, Cedar
  • Construction Completed: Yes
  • Roof: Architectural Shingle
  • View: Bay
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway, Under Home Parking
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Wood Burn Stove, Propane, Zoned
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Units: Acres
  • Outdoor Living Structures: Deck(s)
  • Possible Use: Commercial, Industrial

Rental Info

  • Ground Rent Pymnt Freq: Annually
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5213362
  • Assessor Parcel Number: 335-04.20-191.00
  • County Tax Payment Frequency: Annually

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2013
Closed on
Aug 29, 2013
Sold by
Us Bank National Association Not In Its
Bought by
Wellington Services Llp
Seller's Agent
KATINA GERALIS
KELLER WILLIAMS REALTY - WILMINGTON
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$433,000
Sold Price
$433,000
Current Estimated Value
$2,756,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,323,116
Avg. Annual Appreciation
15.89%

Purchase Details

Listed on
Mar 15, 2013
Closed on
Jul 18, 2013
Sold by
Arch Bay Holdings Llc
Bought by
Us Bank National Association
Seller's Agent
KATINA GERALIS
KELLER WILLIAMS REALTY - WILMINGTON
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$433,000
Sold Price
$433,000

Purchase Details

Closed on
Dec 29, 2012
Sold by
Arch Bay Holdings Llc
Bought by
Us Bank National Association

Purchase Details

Closed on
Jul 9, 2012
Sold by
Jeffrey Jeffrey
Bought by
Wells Fargo Bank Na As Indenture Trustee

Purchase Details

Closed on
Jun 12, 2012
Sold by
Jeffrey Jeffrey
Bought by
Wells Fargo Bank Na As Indenture Trustee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wellington Services Llp $433,000 --
Us Bank National Association $414,200 --
Us Bank National Association $414,200 --
Wells Fargo Bank Na As Indenture Trustee -- --
Wells Fargo Bank Na As Indenture Trustee -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2013 09/11/13 Sold $433,000 0.0% $120 / Sq Ft
08/16/2013 08/16/13 Pending -- -- --
03/15/2013 03/15/13 For Sale $433,000 -- $120 / Sq Ft
Source: Bright MLS

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 $3,849 $80,150 $7,500 $72,650
2024 $3,951 $80,150 $7,500 $72,650
2023 $3,947 $80,150 $7,500 $72,650
2022 $3,809 $80,150 $7,500 $72,650
2021 $3,774 $80,150 $7,500 $72,650
2020 $3,763 $80,150 $7,500 $72,650
2019 $3,768 $80,150 $7,500 $72,650
2018 $3,520 $80,150 $0 $0
2017 $3,371 $80,150 $0 $0
2016 $1,492 $37,350 $0 $0
2015 $1,426 $37,350 $0 $0
2014 $1,415 $37,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2013

    KATINA GERALIS

    KELLER WILLIAMS REALTY - WILMINGTON

See All Agents

Map

Source: Bright MLS

MLS Number: 1001370346

Bright MLS

APN: 335-04.20-191.00

Delaware Sussex County Lewes 19958

205 E Savannah Rd, Lewes, DE

Not Listed for Sale

Detached

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