NOT LISTED FOR SALE

29 Bay Oak Dr Lewes, DE 19958

Lewes Area

Estimated Value: $201,000 - $553,000

1.01 Acres
$291,143 Price per Acre
43,996 Sq Ft Lot

Sale Details

Date Sold: June 18, 2021

Last sale price $147,500 $81 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,474 / mo

22 Days on Market

Highlights

  • View of Trees or Woods
  • 1.01 Acre Lot
  • Wooded Lot
  • Love Creek Elementary School Rated A
  • Private Lot
  • Cul-De-Sac

About This Lot

As of June 2021

Back Up Offers Welcome! If you are seeking a small custom community with flexibility, privacy, convenience and low fees, look no further! Bay Oaks is a quaint community with 44 spacious (1+/-) acre homesites featuring mature trees allowing for the utmost privacy on each lot. 29 Bay Oak Drive backs to protected wetlands allowing a backsplash of beautiful scenery. Just minutes to downtown Rehoboth and downtown Lewes, you'll enjoy being close to it all yet tucked away from the daily hustle and bustle. With no builder tie-in or time-frame to build, you can take your time planning the home of your dreams.

Last Agent to Sell the Property

Bryce Lingo

(302) 227-3883 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 04/21/2021

Jack Lingo - Rehoboth

Co-Listed By

Amanda Ryan

(302) 227-3883 amanda@rbre.com Jack Lingo - Rehoboth License #RS-0019497

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $167

Lot Details

  • 1.01 Acre Lot
  • Cul-De-Sac
  • Private Lot
  • Wooded Lot
  • Property is zoned MR, MR

HOA Fees

  • $21 Monthly HOA Fees

Schools

  • Love Creek Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Well Required
  • Capping Fill
  • No Septic Approved
  • Cable TV Available

Additional Features

  • Views of Woods
  • Flood Risk

Community Details

  • Association fees include common area maintenance
  • Bay Oaks Homeowners Association
  • Bay Oaks Subdivision

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number 234-12.00-227.00

Property Details

Property Type

Land

Est. Annual Taxes

$167

Lot Details

1.01 Acres

HOA Fees

$21 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 3.52

Exterior Features

  • Construction Completed: No
  • Road Surface Type: Black Top
  • View: Trees/Woods
  • 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: Capping Fill, No Septic Approved
  • Utilities: Cable Tv Available, Electric Available
  • Water Source: Well Required
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 250.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA Name: BAY OAKS HOMEOWNERS ASSOCIATION
  • HOA: Yes
  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: LOVE CREEK
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Features: Cul-De-Sac, Trees/Wooded, Private
  • Lot Size Acres: 1.01
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43996.00
  • Zoning: MR
  • Zoning Description: MR
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • School Tax: 151.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 167.00
  • Assessor Parcel Number: 234-12.00-227.00
  • Tax Lot: 26
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

Multi Family

  • Federal Flood Zone: X and AE

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2021
Closed on
Jun 18, 2021
Sold by
George David E and George Lee A
Bought by
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$155,000
Sold Price
$147,500
Premium/Discount to List
-$7,500
-4.84%
Current Estimated Value
$257,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,478
Avg. Annual Appreciation
14.13%

Purchase Details

Listed on
Sep 13, 2018
Closed on
Jun 1, 2019
Sold by
Politakis Steve and Politakis Kathryn
Bought by
George David E and George Lee A
Seller's Agent
Neil Dickerson
Weichert, Realtors - Beach Bound
Buyer's Agent
Kim Hitchens
Dave McCarthy & Associates, Inc.
List Price
$89,900
Sold Price
$79,000
Premium/Discount to List
-$10,900
-12.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.01%
Original Mortgage
$59,250
Interest Rate
4.1%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Lewes, DE

  • Martina McCrea Real Estate Agent - Compass

    Martina McCrea

    Compass

    (443) 526-7849

    82 Total Sales

    15 in Lewes

    $110K - $1.3M Price Range

    Martina McCrea
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  • Nicole Callender Real Estate Agent - Keller Williams Realty Delmarva

    Nicole Callender

    Responds Quickly

    Keller Williams Realty Delmarva

    (443) 251-3558

    226 Total Sales

    6 in Lewes

    $410K - $928K Price Range

    Nicole Callender
     Section Image
  • Jenna LaFermine Real Estate Agent - Burns & Ellis Realtors

    Jenna LaFermine

    Responds Quickly

    Burns & Ellis Realtors

    (302) 202-3664

    160 Total Sales

    5 in Lewes

    $240K - $755K Price Range

    Jenna LaFermine
     Section Image
  • Amy Arnone Real Estate Agent - Jason Mitchell Real Estate NY

    Amy Arnone

    Jason Mitchell Real Estate NY

    (917) 924-6379

    74 Total Sales

    1 in Lewes

    $661,037 Price

    Amy Arnone
     Section Image
  • Debra Zyskowski Real Estate Agent - RLAH Real Estate

    Debra Zyskowski

    RLAH Real Estate

    (610) 665-3946

    61 Total Sales

    8 in Lewes

    $115K - $1M Price Range

    Debra Zyskowski
     Section Image
  • Asa McCune Real Estate Agent - Patterson-Schwartz-Rehoboth

    Asa McCune

    Patterson-Schwartz-Rehoboth

    (302) 204-1597

    31 Total Sales

    9 in Lewes

    $240K - $1.1M Price Range

    Asa McCune
     Section Image
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Purchase 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 Buyer Sale Price Title Company
$147,500 None Available
George David E $79,000 --
Source: Public Records

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 $59,250
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
06/18/2021 06/18/21 Sold $147,500 -4.8% $81 / Sq Ft
05/13/2021 05/13/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $155,000 +96.2% $86 / Sq Ft
06/07/2019 06/07/19 Sold $79,000 -12.1% -- View Prior Sale
04/26/2019 04/26/19 Pending -- -- --
11/02/2018 11/02/18 For Sale $89,900 0.0% --
09/27/2018 09/27/18 Pending -- -- --
09/13/2018 09/13/18 For Sale $89,900 -- --
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 $360 $3,550 $3,550 $0
2024 $175 $3,550 $3,550 $0
2023 $175 $3,550 $3,550 $0
2022 $169 $3,550 $3,550 $0
2021 $167 $3,550 $3,550 $0
2020 $167 $3,550 $3,550 $0
2019 $167 $3,550 $3,550 $0
2018 $156 $3,550 $0 $0
2017 $149 $3,550 $0 $0
2016 $142 $3,550 $0 $0
2015 $136 $3,550 $0 $0
2014 $135 $3,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bryce Lingo Real Estate Agent - Jack Lingo - Rehoboth

    Seller's Agent in 2021

    Bryce Lingo

    Jack Lingo - Rehoboth

    (302) 226-6417

    271 Total Sales

    Bryce Lingo
    Section Image
  • Amanda Ryan Real Estate Agent - Jack Lingo - Rehoboth

    Seller Co-Listing Agent in 2021

    Amanda Ryan

    Jack Lingo - Rehoboth

    (302) 841-9603

    125 Total Sales

    Amanda Ryan
    Section Image
  • Lee Ann Wilkinson Real Estate Agent - BHHS PenFed (actual)

    Buyer's Agent in 2021

    Lee Ann Wilkinson

    BHHS PenFed (actual)

    (302) 205-0392

    1,706 Total Sales

    Lee Ann Wilkinson
    Section Image
  • Neil Dickerson Real Estate Agent - Weichert, Realtors - Beach Bound

    Seller's Agent in 2019

    Neil Dickerson

    Weichert, Realtors - Beach Bound

    (302) 604-3756

    1 Total Sale

    Neil Dickerson
    Section Image
  • Debra Dickerson Real Estate Agent - Weichert, Realtors - Beach Bound

    Seller Co-Listing Agent in 2019

    Debra Dickerson

    Weichert, Realtors - Beach Bound

    (302) 604-3620

    1 Total Sale

    Debra Dickerson
    Section Image
  • Kim Hitchens Real Estate Agent - Dave McCarthy & Associates, Inc.

    Buyer's Agent in 2019

    Kim Hitchens

    Dave McCarthy & Associates, Inc.

    (302) 381-1071

    75 Total Sales

    Kim Hitchens
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU181486

Bright MLS

APN: 234-12.00-227.00

Delaware Sussex County Lewes 19958

29 Bay Oak Dr, Lewes, DE

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