NOT LISTED FOR SALE

20581 John J Williams Hwy Lewes, DE 19958

Estimated Value: $292,189

4.6 Acres
$63,519 Price per Acre
200,376 Sq Ft Lot

Last Sold November 06, 2024

Last sale price $1,538,000

Current estimated payment $1,584/month

1,037 Days on Market

About This Lot

As of November 2024

5+ Acres with 310 feet of road frontage on Route 24. This property is currently zoned AR1, but the owner is in the process of rezoning to M. This listing includes 2 parcels 234-07.00-111.00 and 112.00. Each parcel has an entrance. Currently being used as boat storage and repair.

Last Agent to Sell the Property

Robert McVey

(800) 255-8200 bobmcvey@mannandsons.com Mann & Sons, Inc. License #RB0002936 Listed on: 09/13/2015

Last Buyer's Agent

Robert McVey

(800) 255-8200 bobmcvey@mannandsons.com Mann & Sons, Inc. License #RB0002936 Listed on: 09/13/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $562

Lot Details

  • 4.6 Acre Lot
  • Lot Dimensions are 310x650
  • Cleared Lot
  • Additional Parcels
  • Property is zoned AR1, AGRICULTURAL/RESIDENTIAL

Utilities

  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 234-07.00-111.00

Property Details

Property Type

Land

Est. Annual Taxes

$562

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Marina
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: 5+ Acres with 310 feet of road frontage on Route 24. This property is currently zoned AR1, but the owner is in the process of rezoning to M. This listing includes 2 parcels 234-07.00-111.00 and 112.00. Each parcel has an entrance. Currently being used as boat storage and repair.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 7.44
  • Street Number Modifier: 20581

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: No Sewer System

Condo/Co-op/Association

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

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Additional Parcels: Yes
  • Lot Features: Cleared
  • Lot Size Acres: 4.60
  • Lot Size Area: 5
  • Lot Size Description: ClearAcres: 4.60
  • Lot Dimensions: 310x650
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 200376.00
  • Zoning: AR1
  • Zoning Description: AGRICULTURAL/RESIDENTIAL
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 234-07.00-111.00
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Close Date: 11/06/2024

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2015
Closed on
Nov 6, 2024
Sold by
Ash Charles M
Bought by
Love Creek Building A Llc
Seller's Agent
Robert McVey
Mann & Sons, Inc.
Buyer's Agent
Robert McVey
Mann & Sons, Inc.
List Price
$2,225,000
Sold Price
$1,538,000
Premium/Discount to List
-$687,000
-30.88%
Current Estimated Value
$292,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,245,811
Avg. Annual Appreciation
-81.00%
Original Mortgage
$5,950,000
Interest Rate
6.08%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 19, 1996
Bought by
Ash Charles M
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
Love Creek Building A Llc $1,490,000 None Listed On Document
Love Creek Building A Llc $1,490,000 None Listed On Document
Ash Charles M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Love Creek Building A Llc $5,950,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2024 11/06/24 Sold $1,538,000 -30.9% --
07/16/2018 07/16/18 Pending -- -- --
09/13/2015 09/13/15 For Sale $2,225,000 -- --
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 $562 $11,300 $5,300 $6,000
2024 $648 $11,300 $5,300 $6,000
2023 $556 $11,300 $5,300 $6,000
2022 $537 $11,300 $5,300 $6,000
2021 $532 $11,300 $5,300 $6,000
2020 $531 $11,300 $5,300 $6,000
2019 $531 $11,300 $5,300 $6,000
2018 $496 $11,300 $0 $0
2017 $475 $11,300 $0 $0
2016 $451 $11,300 $0 $0
2015 $431 $11,300 $0 $0
2014 $428 $11,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001565718

Bright MLS

APN: 234-07.00-111.00