NOT LISTED FOR SALE

2502 Cedar St Lewes, DE 19958

Estimated Value: $1,456,000 - $1,925,894

4 Beds
3 Baths
2,228 Sq Ft
$756/Sq Ft Est. Value

Last Sold August 10, 2022

Last sale price $1,700,000 $763 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $9,088/month

Highlights

  • Water Oriented
  • Bay View
  • Bayside
  • Lewes Elementary School Rated A
  • Open Floorplan
  • Coastal Architecture

About This Home

As of August 2022

BEST OF THE BEACH! Pick your perch: rooftop deck, wraparound porch, or sands of Lewes Beach! Well-equipped beach house gives you the coastal home your heart yearns for; complete with views, bay breezes, and updates to seal the deal. Home offers room for relaxing with 4BR, 3BA, including first- and second-floor owner's suites. Entertaining is easy with a modern open kitchen, dining, living design. Kitchen renovations include granite and stainless steel appliances. Vaulted ceiling, two fireplaces, custom trim, and plenty of storage for beach gear complete the package, which is situated just one block to the beach. The scenic Rehoboth-Lewes Canal and Delaware Bay await you!

Last Agent to Sell the Property

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office Listed on: 08/10/2022

Last Buyer's Agent

Lee Ann Wilkinson

(302) 278-6726 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,323

Year Built

  • Built in 1975

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 65x125
  • Landscaped
  • Land Lease expires in 47 years
  • Property is in excellent condition
  • Property is zoned TN, TOWN CODES

Parking

  • 1 Car Direct Access Garage
  • 2 Driveway Spaces
  • Front Facing Garage

Property Views

  • Bay
  • Canal

Home Design

  • Coastal Architecture
  • Block Foundation
  • Metal Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,228 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Wood Burning Fireplace
  • Sitting Room
  • Living Room
  • Dining Room
  • Screened Porch
  • Storage Room
  • Crawl Space
  • Attic

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Water Oriented
  • Property near a bay
  • Deck
  • Screened Patio

Location

  • Flood Risk
  • Bayside

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 2
  • Assessor Parcel Number 335-04.14-56.00

Community Details

Overview

  • No Home Owners Association
  • Lewes Beach Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,323

Year Built

Built in 1975

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Land Lease
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1975
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Attic, Kitchen - Island, Entry Level Bedroom, Ceiling Fan(s), Skylight(s), Carpet, Dining Area, Floor Plan - Open, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Block, Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Kitchen, Laundry, Storage Room, Primary Bathroom, Full Bath, Screened Porch, Additional Bedroom
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 2228
  • Living Area Sq Ft: 2228
  • Price Per Sq Ft: 785.46
  • Above Grade Finished Sq Ft: 2228
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Exterior Features: Outside Shower
  • Roof: Metal
  • View: Bay, Canal
  • Water Access: No
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, Attached Garage
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Lease Amt Freq: Annually
  • Land Lease Years Remaining: 47
  • Lot Features: Landscaping
  • Lot Size Acres: 0.19
  • Lot Dimensions: 65x125
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8276.00
  • Outdoor Living Structures: Deck(s), Wrap Around, Porch(es), Screened, Roof
  • Property Condition: Excellent
  • Zoning: TN
  • Zoning Description: TOWN CODES
  • In City Limits: Yes

Rental Info

  • Total Actual Rent: 61600.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5212800
  • School Tax: 1092.00
  • Tax Annual Amount: 2323.00
  • Assessor Parcel Number: 335-04.14-56.00
  • Tax Lot: 2
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

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 Prior Sale
08/10/2022 08/10/22 Sold $1,700,000 -2.9% $763 / Sq Ft
08/10/2022 08/10/22 For Sale $1,750,000 +105.9% $785 / Sq Ft
06/03/2022 06/03/22 Pending -- -- --
09/10/2015 09/10/15 Sold $850,000 -5.5% $382 / Sq Ft View Prior Sale
07/23/2015 07/23/15 Pending -- -- --
06/14/2015 06/14/15 For Sale $899,000 -- $404 / 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 $2,971 $25,600 $7,150 $18,450
2024 $1,262 $25,600 $7,150 $18,450
2023 $1,261 $25,600 $7,150 $18,450
2022 $1,217 $25,600 $7,150 $18,450
2021 $4 $25,600 $7,150 $18,450
2020 $1,202 $25,600 $7,150 $18,450
2019 $1,204 $25,600 $7,150 $18,450
2018 $1,124 $25,600 $0 $0
2017 $1,077 $25,600 $0 $0
2016 $1,023 $25,600 $0 $0
2015 $977 $25,600 $0 $0
2014 $970 $25,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lee Ann Wilkinson

    Buyer's Agent in 2022

    Lee Ann Wilkinson

    BHHS PenFed (actual)

    (302) 278-6726

    1,064 in this area

    1,870 Total Sales

    Lee Ann Wilkinson
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Map

Source: Bright MLS

MLS Number: DESU2022830

Bright MLS

APN: 335-04.14-56.00

Delaware Sussex County Lewes 19958

2502 Cedar St, Lewes, DE

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