NOT LISTED FOR SALE

2502 Cedar St Lewes, DE 19958

Lewes Area

Estimated Value: $1,403,000 - $1,929,882

4 Beds
3 Baths
2,228 Sq Ft
$786/Sq Ft Est. Value

Sale Details

Date Sold: August 10, 2022

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

Est. 3% increase in value since last sale

Current estimated payment $9,868 / mo

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

(844) 552-7444 datacorrect@brightmls.com Non Subscribing Office License #0225194075 Listed on: 08/10/2022

Last Buyer's Agent

Lee Ann Wilkinson

(302) 645-6661 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064

Berkshire Hathaway HomeServices PenFed Realty

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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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 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

8,276 Sq Ft Lot

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Lewes, DE

  • Paul Sicari Real Estate Agent - Compass

    Paul Sicari

    Responds Quickly

    Compass

    (240) 558-6504

    163 Total Sales

    4 in Lewes

    $349K - $725K Price Range

    Paul Sicari
     Section Image
  • Sharon Daugherty Real Estate Agent - Keller Williams Realty Delmarva

    Sharon Daugherty

    Responds Quickly

    Keller Williams Realty Delmarva

    (667) 281-0411

    239 Total Sales

    2 in Lewes

    $413K - $1.3M Price Range

    Sharon Daugherty
     Section Image
  • Rhonda Hitch Real Estate Agent - Century 21 Home Team Realty

    Rhonda Hitch

    Century 21 Home Team Realty

    (302) 404-0608

    50 Total Sales

    1 in Lewes

    $349,000 Price

    Rhonda Hitch
     Section Image
  • Ping Xu Real Estate Agent - RE/MAX Edge

    Ping Xu

    RE/MAX Edge

    (856) 276-5384

    168 Total Sales

    1 in Lewes

    $808,594 Price

    Ping Xu
     Section Image
  • Michael Ross Real Estate Agent - Newport Bay Realty

    Michael Ross

    Newport Bay Realty

    (240) 448-4956

    48 Total Sales

    1 in Lewes

    $400,000 Price

    Michael Ross
     Section Image
  • Dustin Oldfather Real Estate Agent - Compass

    Dustin Oldfather

    Compass

    (302) 393-2276

    1,403 Total Sales

    128 in Lewes

    $22K - $1.3M Price Range

    Dustin Oldfather
     Section Image
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Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $548,250
Previous Owner $550,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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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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