NOT LISTED FOR SALE

307 W 3rd St Lewes, DE 19958

Estimated Value: $906,950 - $1,040,000

2 Beds
2.5 Baths
1,084 Sq Ft
$912/Sq Ft Est. Value

Last Sold August 16, 2019

Last sale price $599,900 $553 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $5,345/month

Highlights

  • Wood Flooring
  • Garden View
  • No HOA
  • Lewes Elementary School Rated A
  • Attic
  • 1-minute walk to First State National Historical Park

About This Home

As of August 2019

LEWES LIFESTYLE - Experience quintessential Lewes from the heart of town. Historic district cottage features 2 bedrooms, 2.5 baths, hardwood flooring throughout, wood-burning fireplace, exposed beams, rear screened porch surrounded by trees providing natural shade, and so much more. Just around the corner from Second Street restaurants & shops, the Canal-front Park and only a short bike ride to the beach & Delaware Bay!

Last Agent to Sell the Property

Lee Ann Wilkinson

(302) 278-6726 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064 Listed on: 04/05/2019

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Lee Ann Wilkinson

(302) 278-6726 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064 Listed on: 04/05/2019

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,431

Year Built

  • Built in 1987

Lot Details

  • 2,565 Sq Ft Lot
  • Lot Dimensions are 31.23 x 78.73 x 33.88 x 78.90
  • Landscaped
  • Sprinkler System
  • Historic Home
  • Property is zoned TN, Town Codes

Home Design

  • Cottage
  • Block Foundation
  • Architectural Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,084 Sq Ft Home
  • Property has 2 Levels
  • Beamed Ceilings
  • Wood Burning Fireplace
  • Window Screens
  • Living Room
  • Screened Porch
  • Wood Flooring
  • Garden Views
  • Crawl Space
  • Attic

Kitchen

  • Eat-In Country Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Electric Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Stone Driveway

Outdoor Features

  • Outdoor Shower
  • Screened Patio

Utilities

  • Central Air
  • Back Up Gas Heat Pump System
  • Heating System Powered By Leased Propane
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 335-08.07-293.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,431

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: Yes
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1987
  • Remarks Public: LEWES LIFESTYLE - Experience quintessential Lewes from the heart of town. Historic district cottage features 2 bedrooms, 2.5 baths, hardwood flooring throughout, wood-burning fireplace, exposed beams, rear screened porch surrounded by trees providing natural shade, and so much more. Just around the corner from Second Street restaurants & shops, the Canal-front Park and only a short bike ride to the beach & Delaware Bay!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Hardwood
  • Interior Amenities: Attic, Kitchen - Eat-In, Exposed Beams, Kitchen - Country, Pantry, Wood Floors
  • Window Features: Screens
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block, Crawl Space
  • Levels Count: 2
  • Room Count: 4
  • Room List: Living Room, Primary Bedroom, Kitchen, Bathroom 1, Attic, Primary Bathroom, Half Bath, Screened Porch, Additional Bedroom
  • Basement: No
  • Total Sq Ft: 1084
  • Living Area Sq Ft: 1084
  • Price Per Sq Ft: 571.86
  • Above Grade Finished Sq Ft: 1084
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 307

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Wood Siding
  • Exterior Features: Lawn Sprinkler, Outside Shower
  • Road Surface Type: Paved
  • Roof: Architectural Shingle
  • View: Garden/Lawn, Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 1
  • Parking Features: Stone Driveway
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased, Electric
  • Heating Type: Heat Pump - Gas Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Lot Features: Landscaping
  • Lot Size Acres: 0.06
  • Lot Dimensions: 31.23 x 78.73 x 33.88 x 78.90
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2565.00
  • Outdoor Living Structures: Porch(es), Screened, Brick
  • Zoning: TN
  • Zoning Description: Town Codes
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5215523
  • School Tax: 785.35
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1431.08
  • Assessor Parcel Number: 335-08.07-293.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 08/16/2019

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2023
Sold by
Gehring David W
Bought by
David W Gehring Revocable Living Trust
Current Estimated Value
$988,488

Purchase Details

Listed on
Apr 5, 2019
Closed on
Aug 16, 2019
Sold by
Otter Thoinas A and Otter Janice G
Bought by
Gehring David W
Seller's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$689,900
Sold Price
$599,900
Premium/Discount to List
-$90,000
-13.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.40%
Original Mortgage
$59,900
Interest Rate
3.8%
Mortgage Type
Unknown

Purchase Details

Listed on
Apr 16, 2012
Closed on
May 31, 2012
Sold by
Robert A Robert A
Bought by
Otter Thomas A and Otter Janice G
Seller's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$475,000
Sold Price
$475,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.29%
Original Mortgage
$285,000
Interest Rate
3.85%
Mortgage Type
Unknown
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
David W Gehring Revocable Living Trust -- --
Gehring David W $599,900 --
Otter Thomas A $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gehring David W $59,900
Previous Owner Gehring David W $479,920
Previous Owner Otter Thomas A $285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/16/2019 08/16/19 Sold $599,900 -3.2% $553 / Sq Ft
07/08/2019 07/08/19 Pending -- -- --
07/02/2019 07/02/19 Price Changed $619,900 -4.6% $572 / Sq Ft
05/03/2019 05/03/19 Price Changed $649,900 -5.8% $600 / Sq Ft
04/05/2019 04/05/19 For Sale $689,900 +45.2% $636 / Sq Ft
05/31/2012 05/31/12 Sold $475,000 0.0% -- View Prior Sale
04/27/2012 04/27/12 Pending -- -- --
04/16/2012 04/16/12 For Sale $475,000 -- --
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 $1,441 $19,900 $1,650 $18,250
2024 $981 $19,900 $1,650 $18,250
2023 $980 $19,900 $1,650 $18,250
2022 $946 $19,900 $1,650 $18,250
2021 $937 $19,900 $1,650 $18,250
2020 $934 $19,900 $1,650 $18,250
2019 $936 $19,900 $1,650 $18,250
2018 $874 $19,900 $0 $0
2017 $837 $19,900 $0 $0
2016 $795 $19,900 $0 $0
2015 $760 $19,900 $0 $0
2014 $754 $19,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU137732

Bright MLS

APN: 335-08.07-293.00