NOT LISTED FOR SALE

271 Lakeside Dr Lewes, DE 19958

Estimated Value: $481,116 - $535,000

3 Beds
2 Baths
1,652 Sq Ft
$309/Sq Ft Est. Value

Last Sold May 29, 2020

Last sale price $349,900 $212 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,870/month

83 Days on Market

Highlights

  • Fitness Center
  • Gourmet Kitchen
  • View of Trees or Woods
  • Love Creek Elementary School Rated A
  • Gated Community
  • Open Floorplan

About This Home

As of May 2020

You've probably been waiting for a while to find a single family, detached home in Plantations East. Your wait is over. This beautiful 3 bedroom, 2 bath home in a gated and lake community has been meticulously maintained and is in move-in ready condition. The hickory hardwood is the real deal and really adds to the warmth of this home. The large kitchen has ample cabinetry and counter space with Corian counters, a kitchen island, newer stainless full appliance package, double sinks, and pantry. The master bedroom has a full en-suite bath with cedar walk-in closet and second closet, and is a split floorplan design for your privacy when you have overnight guests. The guest rooms are generously sized for comfort and the entry den is a great office or extra gathering space for all your holidays. The living room is very large and is an open concept designed for entertaining without feeling left out if you're the cook. There is a lovely deck out back with pergola and a paver patio (and walkway to the side garden) for outdoor entertainment. The laundry room has a full size front load washer and dryer, there are ceiling fans for those between seasons, a newer air conditioner, an architectural shingled roof, security system, blue-tooth control heat, air, and lighting control, floored attic with pull-down stairs for extra storage, a water softener with reverse osmosis filtration system, an irrigation system, mature landscaping, a gas hot water heater and 2-car garage with interior access. There is a rear yard fence and you are allowed to launch a boat (not exceeding 15') in the community lake. Not enough? How about ridiculously low taxes at $1056 a year (yes, a year, not a typo and that includes school taxes.) If you're coming from other Mid-Atlantic or New England states where you might be paying 10 times that amount, imagine what you could do with the tax savings alone; new car, vacation to some exotic place (now you'd be able to afford them with ease.) There are NO city taxes, super low HOA (about $700 a year, paid in quarterly payments,) and NO land lease. Still not enough? How about the fact with an optional membership you can enjoy tennis, clubhouse, fitness center, and community pool for those lazy days when you don't feel like driving 10 minutes to the beach. And you really can't beat the location for this price! This beautiful home is located within a 10 minute drive to downtown Lewes, 12 minutes to Rehoboth Beach, both pristine 5-star beaches in the most quintessentially historic Delaware towns. Shopping, including outlet shopping, dining at the area's top rated restaurants, quality medical facilities, theater, museums, whale watching, lovely boardwalk, the Cape May Lewes Ferry and more. This may very well be the opportunity you've been waiting for and could be the most savvy home purchase you could ever make. (The consumer is advised some rooms depicted are virtually staged for visual presentation.)

Last Agent to Sell the Property

Thomas Schoenbeck

(302) 632-7407 DelHomeFinder@gmail.com Keller Williams Realty License #5001521 Listed on: 02/01/2020

Keller Williams Realty

Last Buyer's Agent

Nikki Wilson

(302) 312-0437 nwilson@psre.com Keller Williams Realty Wilmington License #RS-0025333

Keller Williams Realty Wilmington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,056

Year Built

  • Built in 2005

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 60.00 x 127.00
  • Sprinkler System
  • Property is zoned MR 874

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,652 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Combination Dining and Living Room
  • Wood Flooring
  • Views of Woods
  • Crawl Space

Kitchen

  • Gourmet Kitchen
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Lake Privileges

Utilities

  • Central Heating and Cooling System
  • Water Treatment System
  • Public Septic

Listing and Financial Details

  • Tax Lot 56
  • Assessor Parcel Number 334-06.00-1171.00

Community Details

Overview

  • $500 Capital Contribution Fee
  • Association fees include common area maintenance, management, pool(s), recreation facility, reserve funds, road maintenance, security gate
  • Plantations East HOA
  • Plantations East Subdivision
  • Property Manager
  • Community Lake

Amenities

  • Common Area
  • Community Center

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Pool Membership Available

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,056

Year Built

Built in 2005

Lot Details

0

HOA Fees

$58 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-02-06
  • Federal Flood Zone: No
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Washer, Oven/Range - Electric, Oven - Self Cleaning, Microwave, Stainless Steel Appliances, Refrigerator, Icemaker
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Water Treat System, Window Treatments, Wood Floors
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1652
  • Living Area Sq Ft: 1652
  • Price Per Sq Ft: 217.31
  • Above Grade Finished Sq Ft: 1652
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Exterior Features: Underground Lawn Sprinkler
  • Roof: Architectural Shingle
  • Spa: No
  • View: Trees/Woods, Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Parking Features: Asphalt Driveway
  • Garage Features: Inside Access, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 175.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Community Center, Fitness Center, Gated Community, Lake, Pool Mem Avail, Swimming Pool, Tennis Courts, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Security Gate
  • HOA Name: PLANTATIONS EAST
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No
  • Capital Contribution Fee: 500.00

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 18850.00
  • Land Assessed Value: 3600.00
  • Lot Size Acres: 0.14
  • Lot Dimensions: 60.00 x 127.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6098.00
  • Zoning: MR 874
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5208290
  • School Tax: 956.00
  • Tax Annual Amount: 1056.00
  • Assessor Parcel Number: 334-06.00-1171.00
  • Tax Lot: 56
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2020
Closed on
Jun 3, 2020
Sold by
Williams Christopher and Williams Deborah B
Bought by
Rainier Lawrence and Rainier Robin H
Seller's Agent
Thomas Schoenbeck
Keller Williams Realty
Buyer's Agent
Nikki Wilson
Keller Williams Realty Wilmington
List Price
$359,000
Sold Price
$349,900
Premium/Discount to List
-$9,100
-2.53%
Current Estimated Value
$527,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,336
Avg. Annual Appreciation
6.91%
Original Mortgage
$279,920
Outstanding Balance
$248,128
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$261,901
Source: Public Records
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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
Rainier Lawrence $349,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rainier Lawrence $279,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2020 05/29/20 Sold $349,900 -2.5% $212 / Sq Ft
04/24/2020 04/24/20 Pending -- -- --
02/01/2020 02/01/20 For Sale $359,000 -- $217 / 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 $983 $22,450 $3,600 $18,850
2024 $1,124 $22,450 $3,600 $18,850
2023 $1,123 $22,450 $3,600 $18,850
2022 $1,084 $22,450 $3,600 $18,850
2021 $1,057 $22,450 $3,600 $18,850
2020 $1,054 $22,450 $3,600 $18,850
2019 $1,056 $22,450 $3,600 $18,850
2018 $986 $22,450 $0 $0
2017 $944 $22,450 $0 $0
2016 $897 $22,450 $0 $0
2015 $857 $22,450 $0 $0
2014 $851 $22,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU154332

Bright MLS

APN: 334-06.00-1171.00