Seller's Agent in 2020
Bill Cullin
Long & Foster
(302) 841-7147
44 in this area
178 Total Sales
Estimated Value: $585,000 - $737,000
4
Beds
3
Baths
2,728
Sq Ft
$248/Sq Ft
Est. Value
Highlights
- Boat Ramp
- 0.51 Acre Lot
- Deck
- Lewes Elementary School Rated A
- Open Floorplan
- Rambler Architecture
About This Home
As of October 2020Being offered, a beautiful 4 bedroom, 3 bathroom home on a half-acre home-site that has features such as a large open, one level living, ADA compliant doorways, a 2 car garage with a chairlift/elevator, laminated floors, tile baths, a screened porch, and an open deck. The home is spacious and is over 2700 square feet and also offers an expansive great room with a gas fireplace that is perfect for entertaining, a large kitchen with a breakfast bar, a pantry, a separate dining area, an office, a laundry room, 2 hot water heaters, and an energy efficient dual fuel heat pump HVAC system. All of this in conveniently located in the waterfront community of Edgewater Estate with low HOA Fees and access to launch your boat or kayak onto Red Mill Pond, one of Delaware's largest fresh water lakes. Just minutes to downtown Lewes, Rehoboth Beach, Shopping, Cape Henlopen State Park, and the Bike Trail. Call for an appointment today!
Last Agent to Sell the Property
(302) 841-7147 bill.cullin@longandfoster.com Long & Foster Real Estate, Inc. License #RS0018675 Listed on: 09/04/2020
Last Buyer's Agent
(302) 278-6726 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,646
Year Built
- Built in 2005
Lot Details
- 0.51 Acre Lot
- Lot Dimensions are 150.00 x 150.00
- Cleared Lot
- Property is in excellent condition
- Property is zoned AR-2
HOA Fees
- $4 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Front Facing Garage
- Garage Door Opener
Home Design
- Rambler Architecture
- Block Foundation
- Frame Construction
- Shingle Roof
- Asphalt Roof
- HardiePlank Type
Interior Spaces
- 2,728 Sq Ft Home
- Property has 1 Level
- 1 Elevator
- Open Floorplan
- Ceiling height of 9 feet or more
- Ceiling Fan
- Recessed Lighting
- Gas Fireplace
- Double Pane Windows
- Window Treatments
- Insulated Doors
- Great Room
- Dining Room
- Home Office
- Screened Porch
- Storage Room
- Utility Room
- Garden Views
Kitchen
- Country Kitchen
- Built-In Oven
- Cooktop
- Built-In Microwave
- Kitchen Island
- Disposal
Flooring
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Accessible Home Design
- Accessible Elevator Installed
- Halls are 36 inches wide or more
- Lowered Light Switches
- Chairlift
Outdoor Features
- Deck
- Exterior Lighting
Utilities
- Central Air
- Back Up Gas Heat Pump System
- Heating System Powered By Leased Propane
- 200+ Amp Service
- Multi-Tank Electric Water Heater
- Well
- Cable TV Available
Listing and Financial Details
- Home warranty included in the sale of the property
- Tax Lot 9
- Assessor Parcel Number 334-05.00-527.00
Community Details
Overview
- Association fees include snow removal
- Edgewater Estates Subdivision
Recreation
- Boat Ramp
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 4, 2020
Closed on
Oct 22, 2020
Sold by
Edward W Patchell Ret
Bought by
Lorentz Roy A and Hilley-Lorentz Barbara A
Seller's Agent
Bill Cullin
Long & Foster Real Estate, Inc.
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$489,000
Sold Price
$470,000
Premium/Discount to List
-$19,000
-3.89%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,473
Avg. Annual Appreciation
7.31%
Original Mortgage
$376,000
Outstanding Balance
$270,245
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$406,228
Purchase Details
Closed on
Sep 16, 2010
Bought by
Patchell Nina Sommerville (Trustee)
Purchase Details
Closed on
Sep 13, 2010
Bought by
Patchell Nina Sommerville (Trustee)
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lorentz Roy A | $470,000 | None Available | |
| Patchell Nina Sommerville (Trustee) | -- | -- | |
| Patchell Nina Sommerville (Trustee) | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lorentz Roy A | $376,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/23/2020 10/23/20 | Sold | $470,000 | -3.9% | $172 / Sq Ft |
| 09/12/2020 09/12/20 | Pending | -- | -- | -- |
| 09/04/2020 09/04/20 | For Sale | $489,000 | -- | $179 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,337 | $35,050 | $4,500 | $30,550 |
| 2024 | $1,802 | $35,050 | $4,500 | $30,550 |
| 2023 | $1,800 | $35,050 | $4,500 | $30,550 |
| 2022 | $1,666 | $35,050 | $4,500 | $30,550 |
| 2021 | $1,651 | $35,050 | $4,500 | $30,550 |
| 2020 | $1,246 | $35,050 | $4,500 | $30,550 |
| 2019 | $1,248 | $35,050 | $4,500 | $30,550 |
| 2018 | $0 | $35,050 | $0 | $0 |
| 2017 | $1,474 | $35,050 | $0 | $0 |
| 2016 | $900 | $35,050 | $0 | $0 |
| 2015 | $838 | $35,050 | $0 | $0 |
| 2014 | $828 | $35,050 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Bill Cullin
-
Lee Ann Wilkinson
Buyer's Agent in 2020
Lee Ann Wilkinson
BHHS PenFed (actual)
(302) 278-6726
1,023 in this area
1,813 Total Sales
Map
Source: Bright MLS
MLS Number: DESU168396
APN: 334-05.00-527.00
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