NOT LISTED FOR SALE

3 Seashell Place Lewes, DE 19958

Estimated Value: $1,651,000 - $2,096,000

0.15 Acre
$12,531,113 Price per Acre
6,534 Sq Ft Lot

Last Sold November 18, 2020

Last sale price $710,000

Est. 168% increase in value since last sale

Current estimated payment $10,518/month

98 Days on Market

Highlights

  • Beach
  • Pier or Dock
  • Bay View
  • Lewes Elementary School Rated A
  • Water Oriented
  • Lake Privileges

About This Lot

As of November 2020

Back up offers being accepted on the last available lot in the exclusive Lewes bayfront community of Cape Shores. Imagine water views and bay breezes, sunrises with coffee, and colorful sunsets sipping cocktails from your newly constructed decks. The lot is on a private cul de sac only two houses from the walkway over the dunes to the pristine beach. The amenity-rich community offers unlimited outdoor activities including pool and beach swimming and sunbathing, tennis, kayaking, paddleboarding, sailing, fishing, crabbing, and birding. Bike the Breakwater and Junction trail to Rehoboth. Hike, surf, and swim in the Atlantic from the adjacent Cape Henlopen State Park. Historic downtown Lewes with its charming canal-side restaurants, boutiques, galleries, and museums is only a short bike ride away. Your house guests can hop the Cape May Ferry which sails right by Cape Shores to the terminal down the street. No builder tie-ins and no time constraints to build. A great investment with lucrative, in-demand rental potential. This is the perfect beach retreat opportunity and a great place to call home. Buildable lots are very scarce in coastal Delaware. Standard contingencies in place and sellers are accepting back up offers.

Last Agent to Sell the Property

Jennifer Lamson

(302) 227-6767 justin.healy@msir.net Monument Sotheby's International Realty License #RS-0021142 Listed on: 06/06/2020

Monument Sotheby's International Realty

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

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $543

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 34 x 121 x 66 x 67 x 44
  • Property fronts the bay but unit may not have water views
  • Cul-De-Sac
  • Level Lot
  • Cleared Lot
  • Property is zoned TN

HOA Fees

  • $208 Monthly HOA Fees

Property Views

  • Bay Views

Location

  • Flood Zone Lot
  • Flood Risk

Schools

  • Lewes Elementary School
  • Cape Henlopen High School

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 335-05.00-37.00

Community Details

Overview

  • Association fees include common area maintenance, pier/dock maintenance, pool(s), recreation facility, road maintenance
  • Cape Shores HOA
  • Cape Shores Subdivision

Amenities

  • Common Area
  • Clubhouse
  • Meeting Room

Recreation

  • Pier or Dock
  • Beach
  • Tennis Courts
  • Community Pool
  • Water Oriented
  • Property near a bay
  • Lake Privileges

Property Details

Property Type

Land

Est. Annual Taxes

$543

Lot Details

6,534 Sq Ft Lot

HOA Fees

$208 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Leasehold
  • Current Use: Residential, Vacant
  • New Construction: No
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 119.22

Exterior Features

  • Construction Completed: No
  • Road Surface Type: Paved
  • View: Bay, Water
  • Water Access: No
  • Water Body Name: Delaware Bay
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Cable Tv Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 2500.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Club House, Common Grounds, Meeting Room, Pier/Dock, Pool - Outdoor, Tennis Courts, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pier/Dock Maintenance, Pool(s), Recreation Facility, Road Maintenance
  • HOA Name: CAPE SHORES
  • HOA: Yes
  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: LEWES
  • High School: CAPE HENLOPEN

Lot Info

  • Additional Parcels: No
  • Lot Features: Cleared, Cul-De-Sac, Flood Plain, Level
  • Lot Size Acres: 0.15
  • Lot Dimensions: 34 x 121 x 66 x 67 x 44
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6534.00
  • Zoning: TN
  • Farmland Preservation: No
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • School Tax: 492.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 543.00
  • Assessor Parcel Number: 335-05.00-37.00
  • Tax Lot: 20
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 1994
Bought by
Smith David R and Smith Barbara T
Current Estimated Value
$1,900,500
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith David R -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2020 11/18/20 Sold $710,000 -8.9% --
09/12/2020 09/12/20 Pending -- -- --
06/06/2020 06/06/20 For Sale $779,000 -- --
Source: Bright MLS

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 $3,751 $11,550 $11,550 $0
2024 $2,809 $11,550 $11,550 $0
2023 $2,807 $11,550 $11,550 $0
2022 $2,709 $11,550 $11,550 $0
2021 $544 $11,550 $11,550 $0
2020 $542 $11,550 $11,550 $0
2019 $543 $11,550 $11,550 $0
2018 $507 $11,550 $0 $0
2017 $486 $11,550 $0 $0
2016 $461 $11,550 $0 $0
2015 $441 $11,550 $0 $0
2014 $438 $11,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU161990

Bright MLS

APN: 335-05.00-37.00

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