NOT LISTED FOR SALE

31345 Red Mill Dr Lewes, DE 19958

Estimated Value: $1,034,000 - $1,105,155

5 Beds
3.5 Baths
-- Sq Ft
0.8 Acres

Last Sold May 10, 2022

Last sale price $1,000,000

Est. 8% increase in value since last sale

Current estimated payment $5,721/month

59 Days on Market

Highlights

  • 200 Feet of Waterfront
  • 1 Dock Slip
  • 0.8 Acre Lot
  • Lewes Elementary School Rated A
  • Boat or Launch Ramp
  • Colonial Architecture

About This Home

As of May 2022

This gorgeous home is back on the market ......buyer's financing fell through!!

Last Agent to Sell the Property

Kathy Ford Tomson

(302) 645-6661 kathy.ford@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0003227 Listed on: 02/09/2022

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Nick Carter

(302) 645-2207 nickcarter@228nick.com Jack Lingo - Lewes License #RA-0002772

Jack Lingo - Lewes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,651

Year Built

  • Built in 1969

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 175.00 x 200.00
  • 200 Feet of Waterfront
  • Home fronts navigable water
  • Property is zoned AR-1

Parking

  • 6 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • Fireplace
  • Crawl Space

Bedrooms and Bathrooms

Outdoor Features

  • Water Access
  • Riparian Grant
  • Property is near a pond
  • Boat or Launch Ramp
  • Boat Ramp
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Dock Against Bulkhead

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Heating System Powered By Leased Propane
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Mill Pond Subdivision

Listing and Financial Details

  • Tax Lot A4
  • Assessor Parcel Number 334-01.00-73.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,651

Year Built

Built in 1969

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-02-09
  • Federal Flood Zone: No
  • Year Built: 1969
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: Yes
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No
  • Water Frontage In Feet: 200

Garage/Parking

  • Garage Spaces: 6.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry, Garage Door Opener
  • Attached Garage Spaces: 6
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.80
  • Lot Dimensions: 175.00 x 200.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 34848.00
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5188650
  • School Tax: 1495.00
  • Tax Annual Amount: 1651.00
  • Assessor Parcel Number: 334-01.00-73.00
  • Tax Lot: A4
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

Multi Family

  • Waterfront Features: Boat/Launch Ramp, Private Dock Site, Riparian Grant

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2022
Closed on
May 10, 2022
Sold by
31345 Red Mill Drive Llc
Bought by
Henry S Fretz Testamentary Trust
Seller's Agent
Kathy Ford Tomson
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Nick Carter
Jack Lingo - Lewes
List Price
$975,000
Sold Price
$1,000,000
Premium/Discount to List
$25,000
2.56%
Current Estimated Value
$1,076,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,289
Avg. Annual Appreciation
2.00%

Purchase Details

Listed on
Jul 19, 2021
Closed on
Dec 3, 2021
Sold by
Marleen E Lusk Ret
Bought by
31345 Red Mill Drive Llc
Seller's Agent
Kathy Ford Tomson
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Kathy Ford Tomson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$975,000
Sold Price
$950,000
Premium/Discount to List
-$25,000
-2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.67%
Original Mortgage
$680,000
Interest Rate
3.09%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Henry S Fretz Testamentary Trust $1,000,000 None Listed On Document
31345 Red Mill Drive Llc $950,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 31345 Red Mill Drive Llc $680,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2022 05/10/22 Sold $1,000,000 +2.6% --
04/10/2022 04/10/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $975,000 0.0% --
03/26/2022 03/26/22 Pending -- -- --
02/09/2022 02/09/22 For Sale $975,000 +2.6% --
12/03/2021 12/03/21 Sold $950,000 -2.6% -- View Prior Sale
10/15/2021 10/15/21 Pending -- -- --
07/19/2021 07/19/21 For Sale $975,000 -- --
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 $1,511 $35,050 $7,500 $27,550
2024 $1,728 $35,050 $7,500 $27,550
2023 $1,726 $35,050 $7,500 $27,550
2022 $1,666 $35,050 $7,500 $27,550
2021 $1,651 $35,050 $7,500 $27,550
2020 $1,646 $35,050 $7,500 $27,550
2019 $1,648 $35,050 $7,500 $27,550
2018 $1,539 $35,050 $0 $0
2017 $1,474 $35,050 $0 $0
2016 $1,400 $35,050 $0 $0
2015 $1,338 $35,050 $0 $0
2014 $1,328 $35,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2015794

Bright MLS

APN: 334-01.00-73.00