NOT LISTED FOR SALE

31071 Stallion Ln Unit 68 Lewes, DE 19958

Estimated Value: $588,560 - $1,703,000

0.35 Acre
$3,652,543 Price per Acre
15,246 Sq Ft Lot

Last Sold January 14, 2019

Last sale price $314,900

Est. 306% increase in value since last sale

Current estimated payment $7,244/month

1 Day on Market

Highlights

  • Fitness Center
  • Community Pool
  • Jogging Path
  • Lewes Elementary School Rated A
  • Community Center

About This Lot

As of January 2019

Exquisite Living in Lewes, Delaware! This iconic 132 acre community along Gills Neck Road in Lewes will feature 166 building lots for custom homes (no builder tie-in). The property is situated next to a beautiful 16 acre natural pond and a portion of the 16 mile loop of the Junction Breakwater Bike Trail. The historic barn located on the property will be preserved and become the community clubhouse, merging Showfield with the omnipresent charm of Lewes. Other community amenities shall include a pool, wooded walking trails and four additional ponds. All located within a mile from Lewes Beach, Cape Henlopen State Park, downtown restaurants and shopping. Showfield is the most exciting opportunity at the Delaware beaches and will be a premier neighborhood in Lewes.

Last Agent to Sell the Property

Carrie Lingo

(302) 500-0825 carrie@jacklingo.com Jack Lingo - Lewes License #RS-0017885 Listed on: 05/07/2018

Jack Lingo - Lewes

Co-Listed By

Bryce Lingo

(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746

Last Buyer's Agent

Carrie Lingo

(302) 500-0825 carrie@jacklingo.com Jack Lingo - Lewes License #RS-0017885 Listed on: 05/07/2018

Jack Lingo - Lewes

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,941

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 92x150x134x129
  • Cleared Lot
  • Impact Fee Building Permits
  • Property is zoned AR1, AGRICULTURAL/RESIDENTIAL

HOA Fees

  • $195 Monthly HOA Fees

Additional Features

  • Flood Risk
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number 335-8.00-1067

Community Details

Overview

  • Showfield Subdivision

Amenities

  • Community Center

Recreation

  • Fitness Center
  • Community Pool
  • Jogging Path
  • Bike Trail

Property Details

Property Type

Land

Est. Annual Taxes

$2,941

Lot Details

0

HOA Fees

$195 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Remarks Public: Exquisite Living in Lewes, Delaware! This iconic 132 acre community along Gills Neck Road in Lewes will feature 166 building lots for custom homes (no builder tie-in). The property is situated next to a beautiful 16 acre natural pond and a portion of the 16 mile loop of the Junction Breakwater Bike Trail. The historic barn located on the property will be preserved and become the community clubhouse, merging Showfield with the omnipresent charm of Lewes. Other community amenities shall include a pool, wooded walking trails and four additional ponds. All located within a mile from Lewes Beach, Cape Henlopen State Park, downtown restaurants and shopping. Showfield is the most exciting opportunity at the Delaware beaches and will be a premier neighborhood in Lewes.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 20.65
  • Street Number Modifier: 31071

Exterior Features

  • Construction Completed: No
  • Exterior Features: Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer, Public Hook/Up Avail
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

  • HOA Fees: 2340.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Bike Trail, Community Center, Fitness Center, Jog/Walk Path, Pool - Outdoor, Swimming Pool
  • HOA: Yes
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Crops Included: No
  • Lot Features: Cleared
  • Lot Size Acres: 0.35
  • Lot Dimensions: 92x150x134x129
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15246.00
  • Zoning: AR1
  • Zoning Description: AGRICULTURAL/RESIDENTIAL
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 335-8.00-1067
  • County Tax Payment Frequency: Annually
  • Close Date: 01/14/2019

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2019
Sold by
Schell Brothers Llc
Bought by
Morgan John J and Morgan Karen
Current Estimated Value
$1,278,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$329,048
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$949,342

Purchase Details

Listed on
May 7, 2018
Closed on
Dec 27, 2018
Sold by
Showfield Lewes Lp
Bought by
Schell Brothers Llc
Seller's Agent
Carrie Lingo
Jack Lingo - Lewes
Buyer's Agent
Carrie Lingo
Jack Lingo - Lewes
List Price
$314,900
Sold Price
$314,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.22%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Morgan John J $872,521 --
Schell Brothers Llc $314,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan John J $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2019 01/14/19 Sold $314,900 0.0% --
05/08/2018 05/08/18 Pending -- -- --
05/07/2018 05/07/18 For Sale $314,900 -- --
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 $2,941 $9,000 $9,000 $0
2024 $2,842 $9,000 $9,000 $0
2023 $2,839 $9,000 $9,000 $0
2022 $2,740 $9,000 $9,000 $0
2021 $2,715 $9,000 $9,000 $0
2020 $2,707 $9,000 $9,000 $0
2019 $2,711 $9,000 $9,000 $0
2018 $0 $9,000 $0 $0
2017 $378 $9,000 $0 $0
2016 -- $9,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carrie Lingo

    Seller's Agent in 2019

    Carrie Lingo

    Jack Lingo - Lewes

    (302) 500-0825

    534 in this area

    857 Total Sales

    Carrie Lingo
    Section Image
  • Bryce Lingo

    Seller Co-Listing Agent in 2019

    Bryce Lingo

    Jack Lingo - Rehoboth

    (302) 226-6417

    91 in this area

    341 Total Sales

    Bryce Lingo
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001576696

Bright MLS

APN: 335-08.00-1067.00

Delaware Sussex County Lewes 19958

31071 Stallion Ln Unit 68, Lewes, DE

This home is located at 31071 Stallion Ln Unit 68, Lewes, DE 19958 since 07 May 2018 and is currently estimated at $1,278,390. 31071 Stallion Ln Unit 68 is a home located in Sussex County with nearby schools including Lewes Elementary School, Mariner Middle School, and Cape Henlopen High School.

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