NOT LISTED FOR SALE

242 Marina Dr Lewes, DE 19958

Estimated Value: $449,000 - $475,902

0.24 Acre
$1,932,192 Price per Acre
10,454 Sq Ft Lot

Last Sold November 28, 2023

Last sale price $420,000

Est. 10% increase in value since last sale

Current estimated payment $2,528/month

140 Days on Market

About This Lot

As of November 2023

RESERVE YOUR SPOT! Don't miss this opportunity to build your dream home in the City of Lewes! This vacant lot in the wonderful Reserve at Pilottown community is ready for your vision! No builder tie-in means you are free to choose your builder and your plans for a custom home. Walk or bike to Lewes attractions, the canal, and the beach!

Last Agent to Sell the Property

Lee Ann Wilkinson

(302) 645-6661 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064 Listed on: 05/31/2023

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Lee Ann Wilkinson

(302) 645-6661 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064 Listed on: 05/31/2023

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $511

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 100.00 x 157.00
  • Property is zoned TN

HOA Fees

  • $20 Monthly HOA Fees

Utilities

  • Public Hookup Available For Sewer

Community Details

  • Reserve At Pilottown Subdivision

Listing and Financial Details

  • Tax Lot 67
  • Assessor Parcel Number 335-08.00-493.00

Property Details

Property Type

Land

Est. Annual Taxes

$511

Lot Details

10,454 Sq Ft Lot

HOA Fees

$20 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 43.04

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

Condo/Co-op/Association

  • HOA Fees: 234.00
  • HOA Fee Frequency: Annually
  • HOA: Yes

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.24
  • Lot Dimensions: 100.00 x 157.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10454.00
  • Zoning: TN
  • Farmland Preservation: No
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 291.00
  • Tax Annual Amount: 511.00
  • Assessor Parcel Number: 335-08.00-493.00
  • Tax Lot: 67
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2023
Closed on
Nov 28, 2023
Sold by
Dolly Bruce and Dolly Kim
Bought by
Kern Aaron M and Kern Janelle D
Seller's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$479,900
Sold Price
$420,000
Premium/Discount to List
-$59,900
-12.48%
Views
223
Current Estimated Value
$463,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,726
Avg. Annual Appreciation
4.38%
Original Mortgage
$145,000
Outstanding Balance
$142,919
Interest Rate
8.75%
Mortgage Type
Construction
Estimated Equity
$320,807
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kern Aaron M $420,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kern Aaron M $145,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2023 11/28/23 Sold $420,000 -6.6% --
10/18/2023 10/18/23 Pending -- -- --
09/17/2023 09/17/23 Price Changed $449,900 -6.3% --
05/31/2023 05/31/23 For Sale $479,900 -- --
Source: Bright MLS

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 $828 $6,750 $6,750 $0
2024 $360 $6,750 $6,750 $0
2023 $359 $6,750 $6,750 $0
2022 $348 $6,750 $6,750 $0
2021 $345 $6,750 $6,750 $0
2020 $344 $6,750 $6,750 $0
2019 $344 $6,750 $6,750 $0
2018 $323 $6,750 $0 $0
2017 $311 $6,750 $0 $0
2016 $297 $6,750 $0 $0
2015 $285 $6,750 $0 $0
2014 $271 $6,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2042292

Bright MLS

APN: 335-08.00-493.00

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