NOT LISTED FOR SALE

31046 Edgewater Dr Lewes, DE 19958

Estimated Value: $620,205 - $1,214,000

3 Beds
2.5 Baths
2,560 Sq Ft
$314/Sq Ft Est. Value

Last Sold June 02, 2017

Last sale price $406,000 $159 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $4,274/month

4 Days on Market

Highlights

  • Boat Ramp
  • Water Access
  • Coastal Architecture
  • Lewes Elementary School Rated A
  • Lake Privileges
  • Wood Flooring

About This Home

As of June 2017

SINGLE LEVEL LUXURY IN POPULAR EDGEWATER ESTATES. Martha?s Vineyard inspired, open concept function for entertaining and everyday life. Come home to refined relaxation featuring hardwood & tile floors throughout, home office with old school library vibe, the warmth of the focal gas fireplace while family & friends gather around the 12? x 3? butcher block center island centerpiece of the Great Room, 4-Season Sun Room / Dining Room or Family Room with fun outdoor spaces & fenced yard. Owner?s wing separate from Guest / Kids? wing. Full masonry, wood burning fireplace converted to gas ? easily converted back to wood burning at buyer?s discretion. Community boat launch to Red Mill Pond, Delaware?s largest fresh water lake; home to fishing, water sports & tranquility. A community of fine homes and friendly neighbors, where boats and recreational vehicles are welcome. The negotiated sales price was $420,000. As a result of the home inspection, the seller contributed $14,000 towards new roof.

Last Agent to Sell the Property

Skip Faust

(302) 745-8764 skip@skipfaust.com Coldwell Banker Premier - Rehoboth License #RA-0002618 Listed on: 05/04/2017

Coldwell Banker Premier - Rehoboth

Last Buyer's Agent

Harry Wooding

(302) 542-1839 harrywooding285@gmail.com Taylor Properties License #R1-0003292

Taylor Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1986

Lot Details

  • 0.37 Acre Lot
  • Property is Fully Fenced
  • Landscaped
  • Sprinkler System
  • Zoning described as RESIDENTIAL PLANNED COMM.

Home Design

  • Coastal Architecture
  • Rambler Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Wood Siding
  • Shake Siding
  • Stick Built Home

Interior Spaces

  • 2,560 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Fireplace
  • Great Room
  • Family Room
  • Den
  • Crawl Space
  • Home Security System
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Parking

  • Attached Garage
  • Brick Driveway
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Lake Privileges
  • Patio
  • Outbuilding

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Bottled Gas
  • Heating System Uses Propane
  • Heat Pump System
  • Well
  • Propane Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-05.00-408.00

Community Details

Overview

  • No Home Owners Association
  • Edgewater Estates Subdivision

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Rambler, Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven/Range - Gas, Range Hood, Washer, Water Heater
  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Attic, Kitchen - Eat-In, Kitchen - Island, Entry Level Bedroom, Ceiling Fan(s)
  • Fireplace Features: Gas/Propane, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block, Crawl Space
  • Level Count: 1
  • Levels Count: 1
  • Room List: Primary Bedroom, Family Room, Den, Great Room, Laundry, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2560
  • Living Area Sq Ft: 2560
  • Net Sq Ft: 2560.00
  • Price Per Sq Ft: 160.16
  • Above Grade Finished Sq Ft: 2560
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Shake Siding, Wood Siding
  • Construction Completed: Yes
  • Exterior Features: Lawn Sprinkler, Outbuilding(s)
  • Roof: Architectural Shingle
  • Water Access: Yes
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Parking Features: Brick Driveway
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Forced Air, Propane, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Propane
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Boat Ramp, Water/Lake Privileges
  • HOA: No
  • Association Recreation Fee: No

Lot Info

  • Fencing: Fully
  • Lot Features: Landscaping
  • Lot Size Acres: 0.37
  • Lot Dimensions: 100 x 160 x 100 x
  • Lot Size Units: Acres
  • Lot Sq Ft: 16117.00
  • Outdoor Living Structures: Patio(s)
  • Zoning Description: RESIDENTIAL PLANNED COMM.

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5207356
  • Assessor Parcel Number: 334-05.00-408.00
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2024
Sold by
Shannon Scott and Shannon Joan Tracy
Bought by
Scott And Tracy Shannon Revocable Trust and Shannon
Current Estimated Value
$803,301

Purchase Details

Listed on
May 4, 2017
Closed on
May 30, 2017
Sold by
Weeth Alan and Weeth Jessica
Bought by
Shannon Joan Tracy and Shannon Scott
Seller's Agent
Skip Faust
Coldwell Banker Premier - Rehoboth
Buyer's Agent
Harry Wooding
Taylor Properties
List Price
$410,000
Sold Price
$406,000
Premium/Discount to List
-$4,000
-0.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.21%

Purchase Details

Closed on
Jul 22, 2015
Sold by
The Estate Of Elizabeth C Smith
Bought by
Weeth Alan and Weeth Jessica
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
Scott And Tracy Shannon Revocable Trust -- None Listed On Document
Shannon Joan Tracy $812,000 None Available
Weeth Alan $310,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2017 06/02/17 Sold $406,000 -1.0% $159 / Sq Ft
05/08/2017 05/08/17 Pending -- -- --
05/04/2017 05/04/17 For Sale $410,000 -- $160 / 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 $1,188 $32,750 $3,250 $29,500
2024 $1,614 $32,750 $3,250 $29,500
2023 $1,613 $32,750 $3,250 $29,500
2022 $1,557 $32,750 $3,250 $29,500
2021 $1,542 $32,750 $3,250 $29,500
2020 $1,538 $32,750 $3,250 $29,500
2019 $1,540 $32,750 $3,250 $29,500
2018 $1,438 $32,750 $0 $0
2017 $1,377 $32,750 $0 $0
2016 $1,308 $32,750 $0 $0
2015 $752 $32,750 $0 $0
2014 $741 $32,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001506570

Bright MLS

APN: 334-05.00-408.00