NOT LISTED FOR SALE

31394 Point Cir Lewes, DE 19958

Estimated Value: $514,000 - $900,000

4 Beds
2 Baths
2,500 Sq Ft
$297/Sq Ft Est. Value

Last Sold May 15, 2024

Last sale price $800,000 $320 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $4,046/month

110 Days on Market

Highlights

  • 99 Feet of Waterfront
  • Primary bedroom faces the ocean
  • Fishing Allowed
  • Lewes Elementary School Rated A
  • Private Dock Site
  • 0.5 Acre Lot

About This Home

As of May 2024

Rarely offered - this remarkable 4-bedroom, 2-bathroom farmhouse cape cod home located on the stunning Red Mill Pond in Lewes. This waterfront property is nestled on a premier cul de sac in Mill Pond Acres. This property boasts charming curb appeal that is sure to make a lasting impression. As you step inside, you'll immediately feel the inviting and spacious atmosphere of this thoughtfully designed home. The open layout seamlessly connects the living spaces, providing a seamless flow for relaxation and entertainment. The living room, adorned with a cozy gas fireplace, effortlessly connects to the open concept dining area and kitchen, all offering captivating water views. The airy kitchen boasts butcher block countertops, a farmhouse sink, radiant floor heating, and a convenient breakfast bar. Step into the heated sunroom, where unobstructed water vistas await from every angle. The den is versatile and inviting space perfect for gathering or enjoying a movie night. Upstairs, two oversized bedrooms overlook the water. With four spacious bedrooms, this house comfortably accommodates up to 12 guests. A standout feature of this property is the private dock (2020), granting you the opportunity to fully immerse yourself in the beauty of Red Mill Pond. Whether you fancy fishing, boating, or simply savoring the breathtaking scenery, this home offers an ideal setting to create lasting memories. Largemouth bass, catfish, and sunfish are prevalent in this part of the pond. Positioned on a generous half-acre lot, there's ample space for outdoor activities while preserving your utmost privacy. Don't forget the outdoor shower and the kayak rack. The back of the home faces south towards the pond, creating an ideal spot for fishing. Additional amenities include an attached oversized heated one-car garage with pull-down stairs to floored storage. The driveway accommodates three cars or a boat trailer and two cars. Experience the best of Lewes, DE – your own private haven just a short drive from downtown Lewes, shopping, dining, and local beaches.

Last Agent to Sell the Property

Amanda Saunders

(215) 514-9597 amanda.saunders@compass.com Compass Listed on: 11/14/2023

Compass

Last Buyer's Agent

Amy Kellenberger

(302) 381-7901 amy@beachsandcastles.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0019891

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $982

Year Built

  • Built in 1964

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 126.00 x 175.00
  • 99 Feet of Waterfront
  • Cul-De-Sac
  • Front Yard
  • Property is in excellent condition
  • Property is zoned AR-1

Parking

  • 1 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2,500 Sq Ft Home
  • Property has 2 Levels
  • Partially Furnished
  • Built-In Features
  • Ceiling Fan
  • Living Room
  • Formal Dining Room
  • Den
  • Sun or Florida Room
  • Water Views
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Wine Rack

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • Primary bedroom faces the ocean

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Outdoor Shower
  • Canoe or Kayak Water Access
  • Personal Watercraft
  • Property is near a pond
  • Private Dock Site
  • Patio
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • 200+ Amp Service
  • Propane
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot L17
  • Assessor Parcel Number 334-01.00-91.00

Community Details

Overview

  • No Home Owners Association
  • Mill Pond Acres Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$982

Year Built

Built in 1964

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Inclusions: Refrigerator,Washer,Dryer, Beverage Refrigerator, Kayak Rack, Generator
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1964
  • Automatically Close On Close Date: No
  • Remarks Public: Rarely offered - this remarkable 4-bedroom, 2-bathroom farmhouse cape cod home located on the stunning Red Mill Pond in Lewes. This waterfront property is nestled on a premier cul de sac in Mill Pond Acres. This property boasts charming curb appeal that is sure to make a lasting impression. As you step inside, you'll immediately feel the inviting and spacious atmosphere of this thoughtfully designed home. The open layout seamlessly connects the living spaces, providing a seamless flow for relaxation and entertainment. The living room, adorned with a cozy gas fireplace, effortlessly connects to the open concept dining area and kitchen, all offering captivating water views. The airy kitchen boasts butcher block countertops, a farmhouse sink, radiant floor heating, and a convenient breakfast bar. Step into the heated sunroom, where unobstructed water vistas await from every angle. The den is versatile and inviting space perfect for gathering or enjoying a movie night. Upstairs, two oversized bedrooms overlook the water. With four spacious bedrooms, this house comfortably accommodates up to 12 guests. A standout feature of this property is the private dock (2020), granting you the opportunity to fully immerse yourself in the beauty of Red Mill Pond. Whether you fancy fishing, boating, or simply savoring the breathtaking scenery, this home offers an ideal setting to create lasting memories. Largemouth bass, catfish, and sunfish are prevalent in this part of the pond. Positioned on a generous half-acre lot, there's ample space for outdoor activities while preserving your utmost privacy. Don't forget the outdoor shower and the kayak rack. The back of the home faces south towards the pond, creating an ideal spot for fishing. Additional amenities include an attached oversized heated one-car garage with pull-down stairs to floored storage. The driveway accommodates three cars or a boat trailer and two cars. Experience the best of Lewes, DE – your own private haven just a short drive from downtown Lewes, shopping, dining, and local beaches.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Attic, Built-Ins, Breakfast Area, Ceiling Fan(s), Dining Area, Formal/Separate Dining Room, Pantry, Primary Bedroom - Ocean Front, Wine Storage
  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Den, Bedroom 1, Sun/Florida Room, Laundry
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2500
  • Living Area Sq Ft: 2500
  • Price Per Sq Ft: 335.96
  • Above Grade Finished Sq Ft: 2500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 31394

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Outside Shower
  • View: Water
  • Water Access Features: Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC)
  • Water Access: Yes
  • Water Body Name: Red Mill Pond
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 99

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Inside Access, Garage - Front Entry, Additional Storage Area
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Propane
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

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

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 999
  • Lot Features: Cul-De-Sac, Front Yard
  • Lot Size Acres: 0.50
  • Lot Dimensions: 126.00 x 175.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21780.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Tax Info

  • School Tax: 894.00
  • Tax Annual Amount: 982.00
  • Assessor Parcel Number: 334-01.00-91.00
  • Tax Lot: L17
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 05/15/2024

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2023
Closed on
May 2, 2024
Sold by
Canale Christine Kara
Bought by
Dineen Catherine M and Dineen Joseph W
Seller's Agent
Amanda Saunders
Compass
Buyer's Agent
Amy Kellenberger
Berkshire Hathaway HomeServices PenFed Realty
List Price
$899,900
Sold Price
$800,000
Premium/Discount to List
-$99,900
-11.1%
Views
239
Current Estimated Value
$743,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$56,803
Avg. Annual Appreciation
-5.16%
Original Mortgage
$300,000
Outstanding Balance
$295,745
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$447,452

Purchase Details

Closed on
Aug 4, 2020
Sold by
Loughery Charles A and Canale Christine K
Bought by
Canale Christine K

Purchase Details

Closed on
Jun 9, 2017
Sold by
Loughery Charles Alan
Bought by
Loughery Charles Alan and Canale Christine Kara
Source: Public Records

Range of Values:

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
Dineen Catherine M $800,000 None Listed On Document
Canale Christine K -- None Available
Loughery Charles Alan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dineen Catherine M $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2024 05/15/24 Sold $800,000 -4.8% $320 / Sq Ft
03/03/2024 03/03/24 Pending -- -- --
03/01/2024 03/01/24 Price Changed $839,900 -3.3% $336 / Sq Ft
01/09/2024 01/09/24 Price Changed $869,000 -3.4% $348 / Sq Ft
11/14/2023 11/14/23 For Sale $899,900 -- $360 / 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 $1,081 $19,950 $6,000 $13,950
2024 $983 $19,950 $6,000 $13,950
2023 $982 $19,950 $6,000 $13,950
2022 $948 $19,950 $6,000 $13,950
2021 $939 $19,950 $6,000 $13,950
2020 $937 $19,950 $6,000 $13,950
2019 $938 $19,950 $6,000 $13,950
2018 $876 $19,950 $0 $0
2017 $839 $19,950 $0 $0
2016 $797 $19,950 $0 $0
2015 $761 $19,950 $0 $0
2014 $756 $19,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2050986

Bright MLS

APN: 334-01.00-91.00