NOT LISTED FOR SALE

21518 Old Forge Rd Lewes, DE 19958

Estimated Value: $917,000 - $1,236,000

5 Beds
6 Baths
4,914 Sq Ft
$231/Sq Ft Est. Value

Last Sold September 30, 2024

Last sale price $1,163,000 $237 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $6,459/month

37 Days on Market

Highlights

  • Bar or Lounge
  • New Construction
  • Craftsman Architecture
  • Love Creek Elementary School Rated A
  • Open Floorplan
  • Clubhouse

About This Home

As of September 2024

This completed Jameson model has been fitted with many upgrades and options including a chef's kitchen with GE Monogram appliances, and a finished basement with wet bar. Outside you will find a spectacular courtyard with built in BBQ & an enclosed screened in porch. Home is being sold fully furnished with a one-year leaseback ($5,000/month) and quarterly extensions at the builder's discretion. Buyer is responsible for monthly HOA fees & builder will pay utilities. Welches Pond is located in Lewes DE, set on 256 acres with a total of 247 homesites. Conveniently located 5 miles from Lewes AND Rehoboth Beach, you are right in the middle of all that the Delaware beaches has to offer. Welches Pond will feature a clubhouse with pool, multi-sport court, pocket parks, and large community pavilion overlooking Love Creek. The monthly HOA fee is $295 a month and provides homesite lawn cutting, general community maintenance, and access to and up-keep of the amenities. Buyer to pay a one-time fee of $1,000 to the reserve fund & $1,000 to working capital contribution fund. For an on-site visit, a scheduled appointment is required.

Last Agent to Sell the Property

Paul Townsend

(302) 236-3212 paul@jgtownsend.com Jack Lingo - Lewes License #RA-0030987 Listed on: 08/01/2024

Jack Lingo - Lewes

Last Buyer's Agent

Cory Mayo

(302) 466-5511 cory@coastallifede.com Compass License #RS0025915

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,000

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 0.25 Acre Lot
  • Extensive Hardscape
  • Property is in excellent condition
  • Property is zoned AR-1

HOA Fees

  • $295 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage

Home Design

  • Craftsman Architecture
  • Coastal Architecture
  • Contemporary Architecture
  • Frame Construction
  • Blown-In Insulation
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Stick Built Home

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Built-In Features
  • Tray Ceiling
  • Two Story Ceilings
  • Recessed Lighting
  • 1 Fireplace
  • Dining Area
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Kitchen

  • Built-In Range
  • Built-In Microwave
  • ENERGY STAR Qualified Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Outdoor Grill
  • Brick Porch or Patio

Schools

  • Love Creek Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Forced Air Heating and Cooling System
  • Air Filtration System
  • Vented Exhaust Fan
  • 200+ Amp Service
  • Tankless Water Heater
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 334-12.00-1424.00

Community Details

Overview

  • $1,000 Capital Contribution Fee
  • Association fees include common area maintenance, lawn maintenance, pool(s), recreation facility, road maintenance, snow removal
  • $1,000 Other One-Time Fees
  • Built by Schell Brothers
  • Welches Pond Subdivision, The Jameson Floorplan

Amenities

  • Common Area
  • Clubhouse
  • Meeting Room
  • Bar or Lounge

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,000

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$295 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary, Craftsman
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Inclusions: Furnished
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2024
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Energy Star Refrigerator, Exhaust Fan, Stainless Steel Appliances, Washer/Dryer Hookups Only, Water Heater - Tankless
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Air Filter System, Built-Ins, Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Island, Pantry, Primary Bath(s), Recessed Lighting, Bathroom - Stall Shower, Bathroom - Tub Shower, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 2 Story Ceilings, Tray Ceilings
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Partially Finished
  • Total Sq Ft: 4914
  • Living Area Sq Ft: 4914
  • Price Per Sq Ft: 346.44
  • Above Grade Finished Sq Ft: 3357
  • Below Grade Finished Sq Ft: 1557
  • Total Below Grade Sq Ft: 1557
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • Total Bathrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Blown-In Insulation, Concrete, Frame, Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Extensive Hardscape, Bbq Grill
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Phone Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 295.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Bar/Lounge, Basketball Courts, Club House, Common Grounds, Meeting Room, Pool - Outdoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Pool(s), Recreation Facility, Road Maintenance, Snow Removal
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Fenced, In Ground

Fee Information

  • Other Fees: 1000.00
  • Other Fees Frequency: One Time
  • Capital Contribution Fee: 1000.00

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: LOVE CREEK
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10890.00
  • Outdoor Living Structures: Brick, Patio(s), Porch(es), Screened
  • Property Condition: Excellent
  • Zoning: AR-1
  • In City Limits: No

Building Info

  • Builder Name: Schell Brothers

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2000.00
  • Assessor Parcel Number: 334-12.00-1424.00

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Sep 30, 2024
Sold by
Schell Brothers Llc
Bought by
Hill Jeffrey and Hill Kimberly P
Seller's Agent
Paul Townsend
Jack Lingo - Lewes
Buyer's Agent
Cory Mayo
Compass
List Price
$1,180,000
Sold Price
$1,163,000
Premium/Discount to List
-$17,000
-1.44%
Views
12
Current Estimated Value
$1,133,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,033
Avg. Annual Appreciation
-2.36%
Original Mortgage
$766,500
Outstanding Balance
$758,608
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$375,359

Purchase Details

Closed on
Mar 13, 2024
Sold by
Welches Pond Lp
Bought by
Schell Brothers Llc

Purchase Details

Closed on
Sep 22, 2023
Sold by
J G Townsend Jr & Co
Bought by
Welches Pond Lp
Source: Public Records

Range of Values:

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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
Hill Jeffrey $1,163,000 None Listed On Document
Hill Jeffrey $1,163,000 None Listed On Document
Schell Brothers Llc $151,625 None Listed On Document
Welches Pond Lp $1,791,230 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Jeffrey $766,500
Closed Hill Jeffrey $766,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2024 09/30/24 Sold $1,163,000 -1.4% $237 / Sq Ft
09/07/2024 09/07/24 Pending -- -- --
08/01/2024 08/01/24 For Sale $1,180,000 -- $240 / 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
2025 $2,041 $0 $0 $0
2024 $123 $0 $0 $0
2023 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2067576

Bright MLS

APN: 334-12.00-1424.00