NOT LISTED FOR SALE

23098 Narrows Ln Lewes, DE 19958

Estimated Value: $591,000 - $879,000

3 Beds
2 Baths
1,800 Sq Ft
$427/Sq Ft Est. Value

Last Sold August 29, 2012

Last sale price $398,331 $221 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $4,636/month

Highlights

  • Beach
  • Pier or Dock
  • Fitness Center
  • Love Creek Elementary School Rated A
  • Water Access
  • 0.5 Acre Lot

About This Home

As of August 2012

BAYFRONT AT REHOBOTH-experience luxury coastal living in this bayfront community w/ private beach on the Rehoboth Bay, kayak launch, pool, community center, & walking trails! ARRINGTON MODEL on lot 130 with full basement and stick built upstairs. Dining room converted to den. cherry cabinets & more

Last Agent to Sell the Property

Kim Hamer

Monument Sotheby's International Realty License #RS-0013968 Listed on: 11/06/2011

Monument Sotheby's International Realty

Last Buyer's Agent

Paul Maltaghati

Monument Sotheby's International Realty License #RS-0017798

Monument Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,413

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 101x237
  • Landscaped
  • Sprinkler System

HOA Fees

  • $244 Monthly HOA Fees

Home Design

  • Carriage House
  • Block Foundation
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 1,800 Sq Ft Home
  • Property has 1 Level
  • Vaulted Ceiling
  • Gas Fireplace
  • Insulated Windows
  • Window Screens
  • Insulated Doors
  • Great Room
  • Family Room
  • Living Room
  • Dining Room
  • Crawl Space
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • Attached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Lake Privileges
  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 234-18.00-564.00

Community Details

Overview

  • Bayfront At Rehoboth Subdivision

Amenities

  • Community Center
  • Party Room

Recreation

  • Pier or Dock
  • Beach
  • Community Playground
  • Fitness Center
  • Community Pool
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,413

Lot Details

0

HOA Fees

$244 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Remarks Public: BAYFRONT AT REHOBOTH-experience luxury coastal living in this bayfront community w/ private beach on the Rehoboth Bay, kayak launch, pool, community center, & walking trails! ARRINGTON MODEL on lot 130 with full basement and stick built upstairs. Dining room converted to den. cherry cabinets & more
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Washer/Dryer Hookups Only, Water Heater
  • Flooring Type: Carpet, Laminated, Tile/Brick
  • Interior Amenities: Attic, Kitchen - Eat-In, Kitchen - Island, Pantry, Entry Level Bedroom
  • Window Features: Insulated, Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Block, Crawl Space
  • Level Count: 1
  • Levels Count: 1
  • Room Count: 11
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Great Room, Laundry, Additional Bedroom
  • Living Area Units: Square Feet
  • Total Sq Ft: 1800
  • Living Area Sq Ft: 1800
  • Net Sq Ft: 1800.00
  • Price Per Sq Ft: 153.83
  • Above Grade Finished Sq Ft: 1800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 23098

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Carriage House
  • Construction Materials: Stick Built, Concrete
  • Construction Completed: No
  • Exterior Features: Lawn Sprinkler
  • Roof: Architectural Shingle
  • Water Access: Yes
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fees: 2928.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Cable, Community Center, Fitness Center, Party Room, Jog/Walk Path, Pier/Dock, Tot Lots/Playground, Pool - Outdoor, Swimming Pool, Water/Lake Privileges
  • HOA: Yes

Schools

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

Lot Info

  • Lot Features: Landscaping
  • Lot Size Acres: 0.50
  • Lot Size Area: 1
  • Lot Dimensions: 101X237
  • Lot Size Units: Acres
  • Outdoor Living Structures: Deck(s)
  • Possible Use: Vacant

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5154274
  • Assessor Parcel Number: 234-18.00-564.00
  • County Tax Payment Frequency: Annually
  • Close Date: 08/29/2012

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2011
Closed on
Aug 30, 2012
Sold by
Bay Rose Homes Llc
Bought by
Russell Jeffrey R and Russell Jennifer
Seller's Agent
Kim Hamer
Monument Sotheby's International Realty
Buyer's Agent
Paul Maltaghati
Monument Sotheby's International Realty
List Price
$276,900
Sold Price
$398,331
Premium/Discount to List
$121,431
43.85%
Current Estimated Value
$769,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,967
Avg. Annual Appreciation
4.43%
Original Mortgage
$378,750
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 6, 2011
Closed on
Aug 28, 2012
Sold by
Bay Rose Homes Llc
Bought by
Russell Jeffrey R and Russell Jennifer
Seller's Agent
Kim Hamer
Monument Sotheby's International Realty
Buyer's Agent
Paul Maltaghati
Monument Sotheby's International Realty
List Price
$276,900
Sold Price
$398,331
Premium/Discount to List
$121,431
43.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,750
Interest Rate
3.75%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Russell Jeffrey R $398,330 --
Russell Jeffrey R $398,330 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russell Jenifer $311,853
Closed Russell Jenifer $97,900
Closed Russell Jeffrey R $378,750
Closed Russell Jeffrey R $378,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2012 08/29/12 Sold $398,331 +43.9% $221 / Sq Ft
11/06/2011 11/06/11 For Sale $276,900 -- $154 / Sq Ft
11/04/2011 11/04/11 Pending -- -- --
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 $2,413 $48,950 $11,400 $37,550
2023 $2,411 $48,950 $11,400 $37,550
2022 $2,327 $48,950 $11,400 $37,550
2021 $2,305 $48,950 $11,400 $37,550
2020 $2,298 $48,950 $11,400 $37,550
2019 $2,301 $48,950 $11,400 $37,550
2018 $2,150 $48,950 $0 $0
2017 $2,059 $48,950 $0 $0
2016 $1,955 $48,950 $0 $0
2015 $1,868 $48,950 $0 $0
2014 $1,855 $48,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000962548

Bright MLS

APN: 234-18.00-564.00