NOT LISTED FOR SALE

209 Cedar St Lewes, DE 19958

Estimated Value: $870,401 - $1,892,000

3 Beds
1 Bath
1,466 Sq Ft
$863/Sq Ft Est. Value

Last Sold April 12, 2023

Last sale price $1,100,000 $750 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,721/month

92 Days on Market

Highlights

  • Rambler Architecture
  • Main Floor Bedroom
  • Corner Lot
  • Lewes Elementary School Rated A
  • Attic
  • No HOA

About This Home

As of April 2023

Lewes Beach -The perfect setting for your beach home or homes? This unique property is an investor's dream offering endless possibilities. 209 Cedar Street is a 3 bedroom 1 bath home sold in as- in condition situated on a corner lot just a block from the beach. Renovate this home and make it your own beach getaway or income generating property. Then build your new custom home on Lot 21 Market Street, a 50 x 100 cleared vacant lot. Or another option is to combine these two adjacent parcels allowing you to build one sought after downtown Lewes Beach home with plenty of room for a pool. Do not miss this rare opportunity. This amazing location is convenient to everything! Sink your toes in the sand and surf. Or bike the trails at Cape Henlopen State Park. Then stroll into town and enjoy shopping and dining. This property is waiting for you.

Last Agent to Sell the Property

Amy Pietlock

(302) 227-6767 justin.healy@msir.net Monument Sotheby's International Realty Listed on: 11/09/2022

Monument Sotheby's International Realty

Last Buyer's Agent

Lee Ann Wilkinson

(302) 645-6661 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $821

Year Built

  • Built in 1930

Lot Details

  • 2,874 Sq Ft Lot
  • Lot Dimensions are 50.00 x 108.00
  • Property is Fully Fenced
  • Corner Lot
  • Additional Land
  • Lot 21 Market St. (MLS DESU2001918) & 209 Cedar St. (MLS DESU2001916) sold together. Survey provided.
  • Land Lease of $25 per year expires in 99 years
  • Ground Rent
  • Property is zoned AE

Home Design

  • Rambler Architecture
  • Slab Foundation
  • Asphalt Roof
  • Brick Front
  • Stick Built Home

Interior Spaces

  • 1,466 Sq Ft Home
  • Property has 1 Level
  • Family Room
  • Combination Dining and Living Room
  • Electric Oven or Range
  • Laundry Room
  • Attic

Flooring

  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • Private Parking
  • Off-Street Parking

Schools

  • Cape Henlopen High School

Utilities

  • Window Unit Cooling System
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Level Entry For Accessibility
  • Patio
  • Flood Risk

Community Details

  • No Home Owners Association
  • Lewes Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 335-04.20-113.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$821

Year Built

Built in 1930

Lot Details

2,874 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Level Entry - Main
  • Ownership: Land Lease
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven/Range - Electric, Water Heater
  • Flooring Type: Tile/Brick, Vinyl
  • Interior Amenities: Attic, Combination Dining/Living, Entry Level Bedroom, Tub Shower
  • Foundation Details: Slab
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Family Room, Bedroom 1, Laundry, Bathroom 1, Bathroom 3
  • Basement: No
  • Total Sq Ft: 1466
  • Living Area Sq Ft: 1466
  • Price Per Sq Ft: 937.93
  • Above Grade Finished Sq Ft: 1466
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Brick Front, Concrete, Stick Built
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Private
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Off Street
  • Number of Spaces in Driveway: 2

Utilities

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

Condo/Co-op/Association

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

Schools

  • High School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: CAPE HENLOPEN

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: Lot 21 Market St. (MLS DESU2001918) & 209 Cedar St. (MLS DESU2001916) sold together. Survey provided.
  • Fencing: Fully
  • Land Lease Amount: 25.00
  • Land Lease Amt Freq: Annually
  • Land Lease Years Remaining: 99
  • Lot Features: Additional Lot(s), Corner
  • Lot Size Acres: 0.07
  • Lot Dimensions: 50.00 x 108.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2874.00
  • Outdoor Living Structures: Patio(s)
  • Zoning: AE
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5213229
  • School Tax: 684.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 821.00
  • Assessor Parcel Number: 335-04.20-113.01
  • County Tax Payment Frequency: Annually

Multi Family

  • Federal Flood Zone: AE
  • Income Expense List: Annual Ground Rent

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2000
Bought by
Loukas Dimitri A Gus A Lokas Deni
Current Estimated Value
$1,265,100
Source: Public Records
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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
Loukas Dimitri A Gus A Lokas Deni -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2023 04/12/23 Sold $1,100,000 -20.0% $750 / Sq Ft
03/28/2023 03/28/23 Price Changed $1,375,000 0.0% $938 / Sq Ft
02/09/2023 02/09/23 Pending -- -- --
11/09/2022 11/09/22 For Sale $1,375,000 -- $938 / 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 $1,655 $16,100 $5,100 $11,000
2024 $794 $16,100 $5,100 $11,000
2023 $793 $16,100 $5,100 $11,000
2022 $765 $16,100 $5,100 $11,000
2021 $758 $16,100 $5,100 $11,000
2020 $756 $16,100 $5,100 $11,000
2019 $757 $16,100 $5,100 $11,000
2018 $707 $16,100 $0 $0
2017 $677 $16,100 $0 $0
2016 $643 $16,100 $0 $0
2015 $615 $16,100 $0 $0
2014 $610 $16,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2032142

Bright MLS

APN: 335-04.20-113.01

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