NOT LISTED FOR SALE

2300 Bay Ave Lewes, DE 19958

Estimated Value: $1,950,000 - $3,434,000

6 Beds
4 Baths
3,223 Sq Ft
$914/Sq Ft Est. Value

Last Sold August 13, 2020

Last sale price $2,500,000 $776 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $15,970/month

Highlights

  • 75 Feet of Waterfront
  • Access to Tidal Water
  • Second Kitchen
  • Lewes Elementary School Rated A
  • Public Beach
  • Bay View

About This Home

As of August 2020

COASTAL CRAFTSMANSHIP, ICONIC SETTINGEvoke your fondest beach memories and chart a course to unfold generations of new ones in this completely updated coastal masterpiece! Stunning bay views and direct beach access is yours from this gorgeous 6-bedroom home on Lewes Beach; the best kept secret on the East Coast! Situated on an exceptionally large 75X100 bay front lot, this home offers plenty of room for friends and family with full kitchens, living, dining, and master bedrooms on both levels, and a full unfinished basement for even more storage space. The second level features a light-filled open floor plan with bay views from practically every corner and includes a welcoming great room with gas fireplace & wetbar that flows effortlessly to the kitchen, dining room & generously sized screened porch / wrap-around deck; a master suite with private balcony and expansive custom-built walk-in closet; a study that doubles as a 6th bedroom, and more. Dine al fresco amid bay breezes on the screened porch, or the 1st level covered porch that leads to the 1st floor kitchen & living space, and the 4 additional bedrooms! Move in now or invest for the future with fantastic rental potential in a sought-after beach front location. Morning beachcombing, daytime watersports, and evening sunsets are at your doorstep. Walk to the dining and shopping of Historic Downtown Lewes or bike to Cape Henlopen State Park. Perfect as your own escape, fantastic rental investment, or both!

Last Agent to Sell the Property

Lee Ann Wilkinson

(302) 278-6726 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064 Listed on: 06/24/2020

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Lee Ann Wilkinson

(302) 278-6726 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064 Listed on: 06/24/2020

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,187

Year Built

  • Built in 1920 | Remodeled in 2012

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 75 x 100 x 75 x 100
  • 75 Feet of Waterfront
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Public Beach
  • Backs To Open Common Area
  • Landscaped
  • Sprinkler System
  • Back and Front Yard
  • Land Lease expires in 118 years
  • Property is zoned TN, Town Codes

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Corner Fireplace
  • Gas Fireplace
  • Great Room
  • Living Room
  • Dining Room
  • Den
  • Screened Porch
  • Bay Views
  • Unfinished Basement
  • Exterior Basement Entry

Kitchen

  • Second Kitchen
  • Breakfast Area or Nook
  • Double Oven
  • Gas Oven or Range
  • Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces

Outdoor Features

  • Outdoor Shower
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property near a bay
  • Swimming Allowed
  • Balcony
  • Deck
  • Screened Patio

Location

  • Flood Risk

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Geothermal Heating and Cooling
  • Tankless Water Heater
  • Propane Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Lewes Beach Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 335-04.14-7.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,187

Year Built

Built in 1920 | Remodeled in 2012

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Land Lease
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1920
  • Year Renovated: 2012
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Gas, Oven - Double, Extra Refrigerator/Freezer, Refrigerator, Stainless Steel Appliances, Washer, Water Heater - Tankless
  • Flooring Type: Carpet, Tile/Brick, Hardwood, Vinyl
  • Interior Amenities: 2nd Kitchen, Breakfast Area, Ceiling Fan(s), Carpet, Entry Level Bedroom, Floor Plan - Open, Primary Bath(s), Pantry, Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Built-Ins, Dining Area, Wet/Dry Bar
  • Fireplace Features: Corner, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Study, Great Room, Laundry, Primary Bathroom, Full Bath, Screened Porch, Additional Bedroom
  • Basement: Yes
  • Basement Type: Unfinished, Outside Entrance
  • Laundry Type: Main Floor, Lower Floor
  • Total Sq Ft: 4927
  • Living Area Sq Ft: 3223
  • Price Per Sq Ft: 822.22
  • Above Grade Finished Sq Ft: 3223
  • Below Grade Sq Ft: 1704
  • Total Below Grade Sq Ft: 1704
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stick Built, Vinyl Siding
  • Exterior Features: Outside Shower, Underground Lawn Sprinkler
  • Roof: Architectural Shingle
  • View: Bay
  • Water Access Features: Canoe/Kayak, Private Access, Public Beach, Swimming Allowed
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 75

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Geothermal, Zoned
  • Heating Fuel: Geo-Thermal, Electric
  • Heating Type: Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Tankless, Propane
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Lease Amt Freq: Annually
  • Land Lease Years Remaining: 118
  • Lot Features: Backs - Open Common Area, Front Yard, Landscaping, Rear Yard
  • Lot Size Acres: 0.17
  • Lot Dimensions: 75 x 100 x 75 x 100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Outdoor Living Structures: Deck(s), Porch(es), Screened, Roof, Balcony
  • Zoning: TN
  • Zoning Description: Town Codes
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 5212815
  • School Tax: 2207.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 5187.00
  • Assessor Parcel Number: 335-04.14-7.00
  • Tax Lot: 4
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: CAPE HENLOPEN

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2020 08/13/20 Sold $2,500,000 -5.7% $776 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $2,650,000 -- $822 / 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 $6,661 $51,850 $18,750 $33,100
2024 $2,679 $51,850 $18,750 $33,100
2023 $2,677 $51,850 $18,750 $33,100
2022 $2,583 $51,850 $18,750 $33,100
2021 $2,438 $51,850 $18,750 $33,100
2020 $2,434 $51,850 $18,750 $33,100
2019 $2,438 $51,850 $18,750 $33,100
2018 $0 $51,850 $0 $0
2017 $2,181 $51,850 $0 $0
2016 $2,071 $51,850 $0 $0
2015 $1,979 $51,850 $0 $0
2014 $1,964 $51,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU163286

Bright MLS

APN: 335-04.14-7.00