NOT LISTED FOR SALE

31003 Edgewood Dr Lewes, DE 19958

Estimated Value: $506,000 - $549,967

3 Beds
2 Baths
1,682 Sq Ft
$317/Sq Ft Est. Value

Last Sold April 13, 2022

Last sale price $500,000 $297 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,902/month

3 Days on Market

Highlights

  • 0.62 Acre Lot
  • Deck
  • Sun or Florida Room
  • Lewes Elementary School Rated A
  • Rambler Architecture
  • Great Room

About This Home

As of April 2022

Welcome to Edgewater Estates conveniently located just off of Rt 1 and in close proximity to Lewes and Rehoboth. This 3 bedroom /2 full bath ranch sits on over 1/2 acre with mature trees and low maintenance sustainable landscaping. Spacious master bedroom with walk-in closet. Breakfast area off of kitchen. Deck access to back yard from dining room as well as sunroom. Roof new in 2022. Community boat ramp with access to Red Mill pond for your boat, kayak or paddle board.
Showings will begin 1pm on Friday March 18th.


Agent:

Last Agent to Sell the Property

Mary Lucente

(302) 584-2633 mlucente@verizon.net Long & Foster Real Estate, Inc. Listed on: 03/17/2022

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Michael Kennedy

(302) 381-7001 michael.kennedy@compass.com Compass License #RS-0024358

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $932

Year Built

  • Built in 1996

Lot Details

  • 0.62 Acre Lot
  • Lot Dimensions are 156.00 x 175.00

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Rambler Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,682 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Great Room
  • Breakfast Room
  • Dining Room
  • Sun or Florida Room
  • Carpet
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Propane
  • Well
  • Electric Water Heater
  • Public Septic
  • Cable TV Available

Community Details

  • Edgewater Estates Subdivision

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 334-05.00-562.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$932

Year Built

Built in 1996

Lot Details

0

HOA Fees

$8 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: No
  • Story List: Main
  • Expected On Market: 2022-03-18
  • Federal Flood Zone: No
  • Year Built: 1996
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Interior Amenities: Carpet, Ceiling Fan(s), Kitchen - Eat-In, Walk-In Closet(s), Dining Area
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Room List: Dining Room, Bedroom 2, Bedroom 3, Breakfast Room, Bedroom 1, Sun/Florida Room, Great Room
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1682
  • Living Area Sq Ft: 1682
  • Price Per Sq Ft: 237.81
  • Above Grade Finished Sq Ft: 1682
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • Exterior Features: Outbuilding(s)
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Owned
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic
  • Utilities: Propane, Cable Tv
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 100.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Lot Size Acres: 0.62
  • Lot Dimensions: 156.00 x 175.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 27007.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5207532
  • School Tax: 844.00
  • Tax Annual Amount: 932.00
  • Assessor Parcel Number: 334-05.00-562.00
  • Tax Lot: 13
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2022
Closed on
Apr 13, 2022
Sold by
Derveer James H Van and De Shirley
Bought by
Medhus Eric and Medhus Lisa
Seller's Agent
Mary Lucente
Long & Foster Real Estate, Inc.
Buyer's Agent
Michael Kennedy
Compass
List Price
$400,000
Sold Price
$500,000
Premium/Discount to List
$100,000
25%
Current Estimated Value
$533,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,742
Avg. Annual Appreciation
1.81%

Purchase Details

Closed on
Sep 22, 2016
Sold by
Vanderveer James H and Van Derveer Shirley B
Bought by
Derveer James H Van and De Shirley B

Purchase Details

Closed on
Dec 16, 1996
Bought by
Vanderver James H and Vanderver Shirley B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Medhus Eric $500,000 T Carney Sussex Law Llc
Derveer James H Van -- None Available
Vanderver James H -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2022 04/13/22 Sold $500,000 +25.0% $297 / Sq Ft
03/20/2022 03/20/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $400,000 -- $238 / 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
2025 $1,027 $19,800 $4,000 $15,800
2024 $976 $19,800 $4,000 $15,800
2023 $975 $19,800 $4,000 $15,800
2022 $941 $19,800 $4,000 $15,800
2021 $539 $19,800 $4,000 $15,800
2020 $535 $19,800 $4,000 $15,800
2019 $536 $19,800 $4,000 $15,800
2018 $505 $19,800 $0 $0
2017 $833 $19,800 $0 $0
2016 $473 $19,800 $0 $0
2015 $454 $19,800 $0 $0
2014 $446 $19,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2016940

Bright MLS

APN: 334-05.00-562.00