NOT LISTED FOR SALE

31057 Edgewater Dr Lewes, DE 19958

Estimated Value: $613,000 - $871,000

3 Beds
3.5 Baths
1,900 Sq Ft
$386/Sq Ft Est. Value

Last Sold March 06, 2018

Last sale price $450,000 $237 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,912/month

5 Days on Market

Highlights

  • Lake View
  • Waterfront
  • Deck
  • Lewes Elementary School Rated A
  • 39 Acre Lot
  • Contemporary Architecture

About This Home

As of March 2018

Very sought after location in a very sought after community! This modern waterfront home in Edgewater Estates is just waiting for your personal touches. There are views from nearly every room of this home. Large picture windows in the open living room overlook Red Mill Pond and provide an abundance of natural light. Sliding doors from the first floor master, living room and kitchen lead onto the deck that runs the entire length of the home. The three bedrooms all have full bathrooms, perfect for family or your many guests! Community ramp is right next door. Do not miss this opportunity to own your own little slice of tranquility.

Last Agent to Sell the Property

Emma Payne

(302) 200-9053 tepgoffice@gmail.com EXP Realty, LLC Listed on: 12/18/2017

EXP Realty, LLC

Co-Listed By

Beth Foster

(302) 562-6909 delmarvabeth@gmail.com BAY COAST REALTY License #RS-0023861

Last Buyer's Agent

ROBIN MASLAND

(302) 245-8698 rmasland@delaware.net RE/MAX Associates License #RA-0003464

RE/MAX Associates

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1986

Lot Details

  • 39 Acre Lot
  • Waterfront
  • Zoning described as GENERAL RESIDENTIAL

HOA Fees

  • $4 Monthly HOA Fees

Property Views

  • Lake
  • Pond

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Composition Roof
  • Plywood Siding Panel T1-11
  • Shingle Siding
  • Stick Built Home

Interior Spaces

  • 1,900 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Crawl Space
  • Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • Attached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Property is near a pond
  • Deck
  • Patio

Utilities

  • Central Air
  • Cooling System Utilizes Bottled Gas
  • Heating System Uses Propane
  • Electric Water Heater

Community Details

  • Edgewater Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-05.00-253.00

Home Details

Home Type

Single Family

Year Built

Built in 1986

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1986
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer - Electric, Microwave, Oven - Wall, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Laminated
  • Interior Amenities: Attic, Kitchen - Eat-In, Ceiling Fan(s)
  • Fireplace: No
  • Foundation Details: Block, Crawl Space
  • Level Count: 2
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1900
  • Living Area Sq Ft: 1900
  • Net Sq Ft: 1900.00
  • Price Per Sq Ft: 246.84
  • Above Grade Finished Sq Ft: 1900
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Shingle Siding, T-1-11
  • Construction Completed: Yes
  • Roof: Composite
  • View: Lake, Pond
  • Water Access: Yes
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: Yes
  • Parking Features: Paved 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: Propane
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 50.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Association Recreation Fee: No

Lot Info

  • Lot Size Acres: 39.00
  • Lot Size Area: 39
  • Lot Size Units: Acres
  • Lot Sq Ft: 1698840.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Zoning Description: GENERAL RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5207185
  • Assessor Parcel Number: 334-05.00-253.00
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2017
Closed on
Mar 2, 2018
Sold by
Cohen Lenora M Est
Bought by
Esterly Gregory R and Link Loretta B
Seller's Agent
Emma Payne
EXP Realty, LLC
Buyer's Agent
ROBIN MASLAND
RE/MAX Associates
List Price
$469,000
Sold Price
$450,000
Premium/Discount to List
-$19,000
-4.05%
Current Estimated Value
$733,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,099
Avg. Annual Appreciation
6.37%
Original Mortgage
$360,000
Outstanding Balance
$308,052
Interest Rate
4.32%
Mortgage Type
Unknown
Estimated Equity
$425,047

Purchase Details

Closed on
May 11, 1984
Bought by
Cohen Lenora M
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
Esterly Gregory R $450,000 --
Cohen Lenora M $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Esterly Gregory R $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2018 03/06/18 Sold $450,000 -4.1% $237 / Sq Ft
12/23/2017 12/23/17 Pending -- -- --
12/18/2017 12/18/17 For Sale $469,000 -- $247 / 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 $1,161 $36,500 $5,000 $31,500
2024 $1,799 $36,500 $5,000 $31,500
2023 $1,797 $36,500 $5,000 $31,500
2022 $1,735 $36,500 $5,000 $31,500
2021 $1,719 $36,500 $5,000 $31,500
2020 $1,714 $36,500 $5,000 $31,500
2019 $1,716 $36,500 $5,000 $31,500
2018 $1,603 $36,500 $0 $0
2017 $1,135 $36,500 $0 $0
2016 $958 $36,500 $0 $0
2015 $893 $36,500 $0 $0
2014 $883 $36,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001035118

Bright MLS

APN: 334-05.00-253.00