NOT LISTED FOR SALE

29130 Frenchman Bay Dr Lewes, DE 19958

Estimated Value: $549,000 - $623,129

3 Beds
2.5 Baths
2,218 Sq Ft
$264/Sq Ft Est. Value

Last Sold November 28, 2023

Last sale price $579,990 $261 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,479/month

26 Days on Market

Highlights

  • New Construction
  • Open Floorplan
  • Main Floor Bedroom
  • Love Creek Elementary School Rated A
  • Rambler Architecture
  • Upgraded Countertops

About This Home

As of November 2023

Introducing 29130 Frenchman Bay in Acadia Landing, Lewes! This exquisite home features the coveted Dover floorplan by Lennar, offering luxurious living at its finest. With a spacious 3-car garage, this property provides ample space for your vehicles and storage needs. Step inside to discover a beautifully finished basement complete with a full bathroom, adding versatility and functionality to your living space. The heart of the home boasts a stunning slate fireplace, creating a warm and inviting atmosphere for gatherings with family and friends. This home is adorned with designer-selected upgrades, ensuring both style and quality are seamlessly integrated throughout. Additionally, a screen porch offers the perfect retreat to enjoy the serene surroundings and a breath of fresh air. Welcome to your dream home at 29130 Frenchman Bay, where comfort, elegance, and modern living unite to create an extraordinary living experience.

Last Agent to Sell the Property

Jaime Hurlock

Long & Foster Real Estate, Inc. License #RA-0030979 Listed on: 09/21/2023

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Randy Mason

Jack Lingo - Rehoboth License #RA-0003542

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,713

Lot Details

  • 8,712 Sq Ft Lot
  • Property is in excellent condition
  • Property is zoned AR-1

HOA Fees

  • $168 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • New Construction
  • Rambler Architecture
  • Slab Foundation
  • Stick Built Home

Interior Spaces

  • 2,218 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Carpet
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Stainless Steel Appliances
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 234-11.00-1508.00

Community Details

Overview

  • $3,100 Capital Contribution Fee
  • $7,347 Other One-Time Fees
  • Acadia Landing Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,713

Lot Details

0

HOA Fees

$168 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Stainless Steel Appliances
  • Interior Amenities: Carpet, Entry Level Bedroom, Floor Plan - Open, Kitchen - Eat-In, Upgraded Countertops, Walk-In Closet(s)
  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 2218
  • Living Area Sq Ft: 2218
  • Price Per Sq Ft: 270.51
  • Above Grade Finished Sq Ft: 2218
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 29130

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Construction Completed: No
  • 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
  • Garage Features: Garage - Front Entry
  • 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: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 168.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Other Fees: 7347.00
  • Other Fees Frequency: One Time
  • Capital Contribution Fee: 3100.00

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 999
  • Lot Size Acres: 0.20
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8712.00
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 75.00
  • Tax Annual Amount: 83.00
  • Assessor Parcel Number: 234-11.00-1508.00
  • Tax Lot: 15
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 11/28/2023

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2023
Closed on
Nov 28, 2023
Sold by
Lennar
Bought by
Thomas H Reuter Living Trust and Grace M Reuter Living Trust
Seller's Agent
Jaime Hurlock
Long & Foster Real Estate, Inc.
Buyer's Agent
Randy Mason
Jack Lingo - Rehoboth
List Price
$599,990
Sold Price
$579,990
Premium/Discount to List
-$20,000
-3.33%
Views
10
Current Estimated Value
$586,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,042
Avg. Annual Appreciation
-1.36%
Original Mortgage
$173,997
Outstanding Balance
$171,860
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
$394,145
Source: Public Records

Range of Values:

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Average Value
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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
Thomas H Reuter Living Trust $579,990 Spn Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas H Reuter Living Trust $173,997
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2023 11/28/23 Sold $579,990 -3.3% $261 / Sq Ft
10/17/2023 10/17/23 Pending -- -- --
09/21/2023 09/21/23 For Sale $599,990 -- $271 / 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
2024 $1,713 $0 $0 $0
2023 $86 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2048618

Bright MLS

APN: 234-11.00-1508.00