NOT LISTED FOR SALE

205 Midland Ave Lewes, DE 19958

Estimated Value: $764,000 - $1,112,000

4 Beds
2 Baths
1,490 Sq Ft
$684/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $950,000 $638 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,815/month

88 Days on Market

Highlights

  • Water Oriented
  • Property fronts the bay but unit may not have water views
  • Garden View
  • Lewes Elementary School Rated A
  • Main Floor Bedroom
  • No HOA

About This Home

As of March 2023

UNLOCK THE POTENTIAL! TWO Bay block Lewes Beach cottages situated on a generously sized lot, ready to be improved upon, replaced, or expanded; with plenty of potential to make it the beach property of your dreams. Featuring a main cottage with 3 bedrooms & 1 bath and a back efficiency cottage complete with its own kitchen, full bath, bedroom, and cozy enclosed porch. Within walking distance to both the bay beach and downtown Lewes. A truly fantastic location, being sold AS IS. Call today and make your beach dreams a reality!

Last Agent to Sell the Property

Lee Ann Wilkinson

Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064 Listed on: 11/22/2022

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Lee Ann Wilkinson

Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064 Listed on: 11/22/2022

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $995

Year Built

  • Built in 1925 | Remodeled in 1981

Lot Details

  • 5,225 Sq Ft Lot
  • Lot Dimensions are 55.00 x 95.00
  • Property fronts the bay but unit may not have water views
  • Picket Fence
  • Partially Fenced Property
  • Cleared Lot
  • Side Yard
  • Land Lease expires in 99 years
  • Property is zoned TN

Home Design

  • Cottage
  • Block Foundation
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,490 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Combination Dining and Living Room
  • Storage Room
  • Garden Views
  • Crawl Space
  • Gas Oven or Range

Flooring

  • Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • Dirt Driveway

Outdoor Features

  • Outdoor Shower
  • Water Oriented
  • Property near a bay
  • Porch

Location

  • Flood Risk

Utilities

  • Window Unit Cooling System
  • Propane Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Lewes Beach Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 335-04.20-152.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$995

Year Built

Built in 1925 | Remodeled in 1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Land Lease
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1925
  • Year Renovated: 1981
  • Automatically Close On Close Date: No
  • Remarks Public: UNLOCK THE POTENTIAL! TWO Bay block Lewes Beach cottages situated on a generously sized lot, ready to be improved upon, replaced, or expanded; with plenty of potential to make it the beach property of your dreams. Featuring a main cottage with 3 bedrooms & 1 bath and a back efficiency cottage complete with its own kitchen, full bath, bedroom, and cozy enclosed porch. Within walking distance to both the bay beach and downtown Lewes. A truly fantastic location, being sold AS IS. Call today and make your beach dreams a reality!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator, Water Heater
  • Flooring Type: Carpet, Tile/Brick, Vinyl
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom, Stall Shower
  • Fireplace: No
  • Foundation Details: Crawl Space, Block
  • Levels Count: 1
  • Room List: Living Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Storage Room, Efficiency (Additional), Full Bath
  • Basement: No
  • Total Sq Ft: 1490
  • Living Area Sq Ft: 1490
  • Price Per Sq Ft: 670.47
  • Above Grade Finished Sq Ft: 1490
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 205

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block, Stick Built, Wood Siding, Vinyl Siding
  • Exterior Features: Outside Shower
  • Roof: Shingle
  • View: Garden/Lawn, Street
  • Water Access: No
  • Water Body Name: Delaware Bay
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Dirt Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Hot Water: Propane
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Partially, Picket
  • Land Lease Amt Freq: Annually
  • Land Lease Years Remaining: 99
  • Land Use Code: 999
  • Lot Features: Cleared, Sideyard(s)
  • Lot Size Acres: 0.12
  • Lot Dimensions: 55.00 x 95.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5225.00
  • Outdoor Living Structures: Porch(es)
  • Year Assessed: 2022
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5213308
  • School Tax: 482.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 995.00
  • Assessor Parcel Number: 335-04.20-152.00
  • Tax Lot: 7
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 03/31/2023

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2022
Closed on
Feb 22, 2023
Sold by
City Of Lewes
Bought by
Hicks William H and Hicks Jill
Seller's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$1,100,000
Sold Price
$950,000
Premium/Discount to List
-$150,000
-13.64%
Views
131
Current Estimated Value
$1,053,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,695
Avg. Annual Appreciation
4.97%
Source: Public Records

Range of Values:

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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
Hicks William H -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $950,000 -4.9% $638 / Sq Ft
02/18/2023 02/18/23 Pending -- -- --
01/05/2023 01/05/23 Price Changed $999,000 -9.2% $670 / Sq Ft
11/22/2022 11/22/22 For Sale $1,100,000 -- $738 / 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 $552 $11,200 $8,250 $2,950
2023 $552 $11,200 $8,250 $2,950
2022 $532 $11,200 $8,250 $2,950
2021 $527 $11,200 $8,250 $2,950
2020 $526 $11,200 $8,250 $2,950
2019 $527 $11,200 $8,250 $2,950
2018 $492 $11,200 $0 $0
2017 $471 $11,200 $0 $0
2016 $447 $11,200 $0 $0
2015 $428 $11,200 $0 $0
2014 $424 $11,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2032734

Bright MLS

APN: 335-04.20-152.00