NOT LISTED FOR SALE

221 University Dr Lewes, DE 19958

Estimated Value: $308,684 - $1,194,000

0.23 Acre
$3,850,743 Price per Acre
10,019 Sq Ft Lot

Last Sold April 02, 2019

Last sale price $220,000

Est. 303% increase in value since last sale

Current estimated payment $4,883/month

About This Lot

As of April 2019

This in-town Lewes lot is located in the established, well-located community of Reserve at Pilottown. Easy stroll or bike ride to downtown restaurants, shops & galleries. Blocks to the Lewes-Rehoboth canal. Enjoy nearby Lewes Beach and the bike trails/beaches of the Cape Henlopen State Park. Cleared lot is ready to build with no builder tie-in or impact fees. Choose your preferred builder and start living the beach life today!

Last Agent to Sell the Property

SARAH FRENCH

(410) 430-5421 Sarah@BethanyRealEstate.com Long & Foster Real Estate, Inc. Listed on: 02/13/2018

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Robert McVey

(800) 255-8200 bobmcvey@mannandsons.com Mann & Sons, Inc. License #RB0002936

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $411

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 75x135
  • Cleared Lot
  • Property is zoned TOWN CODES, TOWN CODES

HOA Fees

  • $23 Monthly HOA Fees

Utilities

  • Public Hookup Available For Sewer

Community Details

  • Reserve At Pilottown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 335-08.00-475.00

Property Details

Property Type

Land

Est. Annual Taxes

$411

Lot Details

0

HOA Fees

$23 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Current Use: Residential
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: No
  • Remarks Public: This in-town Lewes lot is located in the established, well-located community of Reserve at Pilottown. Easy stroll or bike ride to downtown restaurants, shops & galleries. Blocks to the Lewes-Rehoboth canal. Enjoy nearby Lewes Beach and the bike trails/beaches of the Cape Henlopen State Park. Cleared lot is ready to build with no builder tie-in or impact fees. Choose your preferred builder and start living the beach life today!
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 22.86
  • Street Number Modifier: 221

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: Public Sewer, Public Hook/Up Avail
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

  • HOA Fees: 270.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Features: Cleared
  • Lot Size Acres: 0.23
  • Lot Dimensions: 75X135
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10019.00
  • Zoning: TOWN CODES
  • Zoning Description: TOWN CODES
  • Farmland Preservation: No
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5214784
  • Tax Annual Amount: 411.00
  • Assessor Parcel Number: 335-08.00-475.00
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Close Date: 04/02/2019

Multi Family

  • Income Expense List: Total Tax Bill

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2021
Sold by
Firment Lawrence E and Firment Judith C
Bought by
L E & J P Firment Ret
Current Estimated Value
$885,671
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
L E & J P Firment Ret -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2019 04/02/19 Sold $220,000 -3.9% --
03/04/2019 03/04/19 Pending -- -- --
01/10/2019 01/10/19 Price Changed $229,000 -11.9% --
02/13/2018 02/13/18 For Sale $259,900 -- --
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 $1,746 $5,350 $5,350 $0
2024 $1,917 $5,350 $5,350 $0
2023 $1,916 $5,350 $5,350 $0
2022 $1,849 $5,350 $5,350 $0
2021 $1,808 $5,350 $5,350 $0
2020 $1,803 $5,350 $5,350 $0
2019 $252 $5,350 $5,350 $0
2018 $235 $5,350 $0 $0
2017 $225 $5,350 $0 $0
2016 $214 $5,350 $0 $0
2015 $204 $5,350 $0 $0
2014 $203 $5,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001570326

Bright MLS

APN: 335-08.00-475.00