NOT LISTED FOR SALE

31108 Edgewater Dr Lewes, DE 19958

Estimated Value: $483,000 - $521,000

3 Beds
2 Baths
1,774 Sq Ft
$280/Sq Ft Est. Value

Last Sold November 25, 2024

Last sale price $475,000 $268 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,669/month

165 Days on Market

Highlights

  • Deck
  • Rambler Architecture
  • Skylights
  • Lewes Elementary School Rated A
  • 2 Car Direct Access Garage
  • Double Pane Windows

About This Home

As of November 2024

Don't miss out on this opportunity! Nestled in the highly desirable neighborhood of Edgewater Estates, situated next to Red Mill Pond, this home offers the perfect blend of tranquility and convenience. Being located just 5 miles from Lewes Beach and a little over 7 miles from Rehoboth Beach, the options are endless. Enjoy the convenience of being close to outlet shopping destinations, top-rated restaurants, and a variety of attractions, including the renowned Nassau Valley Vineyards Winery. Whether you're seeking outdoor adventures, culinary delights, or retail therapy, everything you desire is just a stone's throw away. This home has been lovingly cared for by its single owner, ensuring that every corner exudes warmth and comfort. With 3 bedrooms and 2 bathrooms, this ranch-style home offers plenty of space for comfortable living. The layout maximizes functionality and flow, providing an ideal setting for relaxation and entertainment. Step outside and indulge in the beauty of nature. The home is surrounded by lush landscaping, creating a serene ambiance while gazing at mesmerizing views of Red Mill Pond. In fact, this home is right around the corner from the community boat launch, which allows you to be on the pond in just minutes. The large bi-level deck with a retractable awning provides ample space for outdoor gatherings, relaxation, and soaking in the picturesque surroundings. In addition, there is a custom-insulated workshop/shed, which is perfect for projects or additional storage space. Schedule your private tour today and experience the epitome of coastal living in Edgewater Estates. Contact us now to make this beautiful retreat your own.

Last Agent to Sell the Property

Andrew Bryan

(302) 227-4414 andrewbryanbrg@gmail.com Bryan Realty Group Listed on: 05/13/2024

Last Buyer's Agent

Theresa Cappuccino

(302) 227-1222 delawarebeach@yahoo.com SEA BOVA ASSOCIATES INC. License #0014714

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,071

Year Built

  • Built in 1985

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100.00 x 150.00
  • Landscaped
  • Sprinkler System
  • Back and Front Yard
  • Property is zoned AR-2

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 6 Driveway Spaces
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Rambler Architecture
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 1,774 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Window Treatments
  • Casement Windows
  • Insulated Doors
  • Combination Kitchen and Dining Room
  • Carpet
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Exterior Lighting
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Well
  • Electric Water Heater

Community Details

  • Edgewater Estates Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 334-05.00-403.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,071

Year Built

Built in 1985

Lot Details

0

HOA Fees

$4 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
  • Federal Flood Zone: No
  • Year Built: 1985
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Pantry, Skylight(s), Window Treatments
  • Window Features: Double Pane, Casement
  • Fireplace: No
  • Door Features: Insulated
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1774
  • Living Area Sq Ft: 1774
  • Price Per Sq Ft: 267.76
  • Above Grade Finished Sq Ft: 1774
  • 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
  • Other Structures List: Shed
  • Construction Materials: Frame
  • Exterior Features: Exterior Lighting, Lawn Sprinkler
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • 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
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Side Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 6

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Front Yard, Landscaping, Rear Yard
  • Lot Size Acres: 0.34
  • Lot Dimensions: 100.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14810.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: AR-2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 974.00
  • Tax Annual Amount: 1071.00
  • Assessor Parcel Number: 334-05.00-403.00
  • Tax Lot: 3
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2024
Closed on
Nov 21, 2024
Sold by
Richard E Garvey Revocable Trust and Garvey Jeffrey R
Bought by
Fegley William and Fegley Mary
Seller's Agent
Andrew Bryan
Bryan Realty Group
Buyer's Agent
Theresa Cappuccino
SEA BOVA ASSOCIATES INC.
List Price
$475,000
Sold Price
$475,000
Views
217
Current Estimated Value
$497,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,443
Avg. Annual Appreciation
4.02%
Original Mortgage
$475,000
Outstanding Balance
$465,006
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$32,437

Purchase Details

Closed on
Nov 28, 2023
Sold by
Richard E Garvey Revocable Trust and Dorothy T Garvey Trust
Bought by
Richard E Garvey Revocable Trust and Garvey

Purchase Details

Closed on
Jul 31, 1995
Bought by
Garvey Richard E and Garvey Dorothy T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fegley William $475,000 None Listed On Document
Richard E Garvey Revocable Trust -- None Listed On Document
Richard E Garvey Revocable Trust -- None Listed On Document
Garvey Richard E $16,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fegley William $475,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2024 11/25/24 Sold $475,000 0.0% $268 / Sq Ft
10/25/2024 10/25/24 Pending -- -- --
10/22/2024 10/22/24 For Sale $475,000 0.0% $268 / Sq Ft
09/16/2024 09/16/24 Pending -- -- --
09/03/2024 09/03/24 Price Changed $475,000 -2.1% $268 / Sq Ft
06/11/2024 06/11/24 Price Changed $485,000 -2.0% $273 / Sq Ft
05/13/2024 05/13/24 For Sale $495,000 -- $279 / Sq Ft
Source: Bright MLS

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 $952 $21,750 $3,250 $18,500
2024 $634 $21,750 $3,250 $18,500
2023 $633 $21,750 $3,250 $18,500
2022 $602 $21,750 $3,250 $18,500
2021 $624 $21,750 $3,250 $18,500
2020 $621 $21,750 $3,250 $18,500
2019 $623 $21,750 $3,250 $18,500
2018 $555 $21,750 $0 $0
2017 $535 $21,750 $0 $0
2016 $519 $21,750 $0 $0
2015 $499 $21,750 $0 $0
2014 $490 $21,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2062320

Bright MLS

APN: 334-05.00-403.00