NOT LISTED FOR SALE

22127 Welches Way Lewes, DE 19958

Estimated Value: $759,535 - $1,178,000

5 Beds
7 Baths
3,374 Sq Ft
$293/Sq Ft Est. Value

Last Sold May 25, 2023

Last sale price $1,092,144 $324 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $5,625/month

Highlights

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

About This Home

As of May 2023

To be built. The Cassidy is a 4 bedroom, 3.5 bathroom single family home starting at 2,528+ heated square feet. This floor plan offers a first floor owner's suite with numerous options including additional bedrooms and bathrooms, living area extensions, finished basements, home theaters, multi-leveled courtyards and much more. Welches Pond is located in Lewes DE, set on 256 acres with a total of 247 homesites and includes protected wetlands. Conveniently located 5 miles from Lewes AND Rehoboth Beach, you are right in the middle of all that the Delaware beaches have 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 $255 a month and provides homesite lawn cutting, general community maintenance, and access to and up-keep of the amenities. Buyer shall pay one time fee of $1,000 to reserve fund and $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: 02/15/2022

Jack Lingo - Lewes

Last Buyer's Agent

Paul Maltaghati

(302) 430-3543 paul@resideinde.com Monument Sotheby's International Realty License #RS-0017798

Monument Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,000

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.25 Acre Lot
  • Property is in excellent condition
  • Property is zoned AR1

HOA Fees

  • $255 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Front Facing 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

  • 3,374 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Built-In Features
  • Recessed Lighting
  • 1 Fireplace
  • Dining Area
  • Washer and Dryer Hookup
  • Finished Basement

Kitchen

  • Built-In Oven
  • Built-In Range
  • Range Hood
  • 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

  • Screened Patio
  • Porch

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 334-12.00-1415.00

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, Cassidy 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 2023 | New Construction

Lot Details

0

HOA Fees

$255 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
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2023
  • Automatically Close On Close Date: No
  • Remarks Public: To be built. The Cassidy is a 4 bedroom, 3.5 bathroom single family home starting at 2,528+ heated square feet. This floor plan offers a first floor owner's suite with numerous options including additional bedrooms and bathrooms, living area extensions, finished basements, home theaters, multi-leveled courtyards and much more. Welches Pond is located in Lewes DE, set on 256 acres with a total of 247 homesites and includes protected wetlands. Conveniently located 5 miles from Lewes AND Rehoboth Beach, you are right in the middle of all that the Delaware beaches have 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 $255 a month and provides homesite lawn cutting, general community maintenance, and access to and up-keep of the amenities. Buyer shall pay one time fee of $1,000 to reserve fund and $1,000 to working capital contribution fund. For an on-site visit, a scheduled appointment is required.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Energy Star Refrigerator, Oven - Wall, Range Hood, 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
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 3374
  • Living Area Sq Ft: 3374
  • Price Per Sq Ft: 197.66
  • Above Grade Finished Sq Ft: 3374
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 22127

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 7
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Main Level Bathrooms: 4.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 2
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 2.00
  • Main Level Full Bathrooms: 3
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Blown-In Insulation, Concrete, Frame, Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • 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: Garage - Front Entry, 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: 255.00
  • 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

  • School District: CAPE HENLOPEN
  • Elementary School: LOVE CREEK
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396895
  • 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: Porch(es), Screened
  • Property Condition: Excellent
  • Zoning: AR1
  • 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: 334-12.00-1415.00
  • Close Date: 05/25/2023

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2022
Closed on
May 25, 2023
Sold by
Schell Brothers Llc
Bought by
Dacosta Hector A and Dacosta Stephanie
Seller's Agent
Paul Townsend
Jack Lingo - Lewes
Buyer's Agent
Paul Maltaghati
Monument Sotheby's International Realty
List Price
$666,900
Sold Price
$1,092,144
Premium/Discount to List
$425,244
63.76%
Views
6
Current Estimated Value
$988,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$103,510
Avg. Annual Appreciation
-4.10%
Original Mortgage
$775,000
Outstanding Balance
$754,148
Interest Rate
6.57%
Estimated Equity
$234,486
Source: Public Records

Range of Values:

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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
Dacosta Hector A $1,092,144 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dacosta Hector A $775,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2023 05/25/23 Sold $1,092,144 +63.8% $324 / Sq Ft
02/15/2022 02/15/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $666,900 -- $198 / 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 $1,732 $0 $0 $0
2024 $2,731 $0 $0 $0
2023 $2,728 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2016286

Bright MLS

APN: 334-12.00-1415.00