NOT LISTED FOR SALE

2103 Cedar St Lewes, DE 19958

Estimated Value: $991,000 - $1,163,000

3 Beds
1.5 Baths
1,300 Sq Ft
$813/Sq Ft Est. Value

Last Sold August 28, 2017

Last sale price $605,000 $465 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $6,082/month

274 Days on Market

Highlights

  • Vaulted Ceiling
  • Rambler Architecture
  • Attic
  • Lewes Elementary School Rated A
  • Wood Flooring
  • Sun or Florida Room

About This Home

As of August 2017

Enjoy being a short walk to the beach at this cute Lewes Beach cottage located 1/2 a block to the beach. This 3 bedroom, 1.5 bath home makes a great beach getaway and is Located in the quiet, northern section of Cedar Street that offers less traffic, less crowded beaches, Children's Beach House, Lewes Yacht Club and the Roosevelt Inlet for fishing. Enjoy the conveniences of one floor living that boasts an open floor plan, cathedral ceilings, gas fireplace, large sun room, built-ins, garage, and a fully fenced back yard. Property is move-in ready, being fully furnished and makes this home a great investment. Property has done very well on the vacation rental market and makes over $22,000 in rental income each year and has the potential to make more. The lot next to this home is an empty lot owned by the City as a "blind street". Wonderful views possible from this unique lot on Lewes Beach if you raise the house or you build a new home in its place. Property is being sold "As is".

Last Agent to Sell the Property

Julie Gritton

Coldwell Banker Premier - Lewes License #RA-0031139 Listed on: 10/28/2016

Coldwell Banker Premier - Lewes

Co-Listed By

Zach Sieber

LEWES REALTY INC License #RS-0019395

Last Buyer's Agent

Tyson Mayers

Keller Williams Realty

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,188

Year Built

  • Built in 1980

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 68 x 102
  • Partially Fenced Property
  • Corner Lot
  • Cleared Lot
  • Zoning described as TOWN CODES

Home Design

  • Rambler Architecture
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,300 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Crawl Space
  • Attic

Kitchen

  • Country Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Electric Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 3 Car Detached Garage
  • 3 Open Parking Spaces
  • Stone Driveway
  • Off-Street Parking

Outdoor Features

  • Patio
  • Porch

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Lewes Beach Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 335-04.14-75.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,188

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Rambler, Ranch/Rambler
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Leasehold
  • Federal Flood Insurance: Yes
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1980
  • Remarks Public: Enjoy being a short walk to the beach at this cute Lewes Beach cottage located 1/2 a block to the beach. This 3 bedroom, 1.5 bath home makes a great beach getaway and is Located in the quiet, northern section of Cedar Street that offers less traffic, less crowded beaches, Children's Beach House, Lewes Yacht Club and the Roosevelt Inlet for fishing. Enjoy the conveniences of one floor living that boasts an open floor plan, cathedral ceilings, gas fireplace, large sun room, built-ins, garage, and a fully fenced back yard. Property is move-in ready, being fully furnished and makes this home a great investment. Property has done very well on the vacation rental market and makes over $22,000 in rental income each year and has the potential to make more. The lot next to this home is an empty lot owned by the City as a "blind street". Wonderful views possible from this unique lot on Lewes Beach if you raise the house or you build a new home in its place. Property is being sold "As is".
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Attic, Breakfast Area, Kitchen - Country, Entry Level Bedroom, Ceiling Fan(s), Window Treatments
  • Window Features: Insulated, Screens, Storm
  • Fireplace Features: Gas/Propane
  • Fireplace: No
  • Door Features: Insulated, Storm
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Block, Crawl Space
  • Level Count: 1
  • Levels Count: 1
  • Room Count: 7
  • Room List: Living Room, Dining Room, Kitchen, Sun/Florida Room, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1300
  • Living Area Sq Ft: 1300
  • Net Sq Ft: 1300.00
  • Price Per Sq Ft: 499.62
  • Above Grade Finished Sq Ft: 1300
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2103

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Roof: Shingle, Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Parking Features: Stone Driveway
  • Number Of Parking Spaces Included: 3+ Car Parking
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Off Street, Driveway, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Fire Detection System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Fencing: Partially
  • Lot Features: Cleared
  • Lot Size Acres: 0.16
  • Lot Dimensions: 68 X 102
  • Lot Size Units: Acres
  • Lot Sq Ft: 6970.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Zoning Description: TOWN CODES
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Pymnt Freq: Annually
  • Total Actual Rent: 22785.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5212822
  • Tax Annual Amount: 1188.00
  • Assessor Parcel Number: 335-04.14-75.00
  • County Tax Payment Frequency: Annually
  • Close Date: 08/28/2017

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 1996
Bought by
Wilcomb Lucile A
Current Estimated Value
$1,088,653
Source: Public Records

Range of Values:

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List 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
Wilcomb Lucile A -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2017 08/28/17 Sold $605,000 -6.9% $465 / Sq Ft
07/29/2017 07/29/17 Pending -- -- --
10/28/2016 10/28/16 For Sale $649,500 -- $500 / 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 $840 $17,050 $7,000 $10,050
2023 $840 $17,050 $7,000 $10,050
2022 $810 $17,050 $7,000 $10,050
2021 $803 $17,050 $7,000 $10,050
2020 $800 $17,050 $7,000 $10,050
2019 $802 $17,050 $7,000 $10,050
2018 $749 $17,050 $0 $0
2017 $717 $17,050 $0 $0
2016 $681 $17,050 $0 $0
2015 $391 $17,050 $0 $0
2014 $384 $17,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001023156

Bright MLS

APN: 335-04.14-75.00