NOT LISTED FOR SALE

31432 Falmouth Way Unit 36 Lewes, DE 19958

Estimated Value: $552,774 - $658,000

3 Beds
2.5 Baths
2,025 Sq Ft
$296/Sq Ft Est. Value

Last Sold July 17, 2020

Last sale price $372,000 $184 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,530/month

13 Days on Market

Highlights

  • Fitness Center
  • Gourmet Kitchen
  • Open Floorplan
  • Love Creek Elementary School Rated A
  • Gated Community
  • Clubhouse

About This Home

As of July 2020

Seeking resort style living where you have everything at your disposal? The indoor and outdoor pools, swim up pool bar, clubhouse, kiddie splash park, nature trails, arts and crafts center, community garden, dog park and 3.1 mile walking trail should entice you. Coastal Club in Lewes has it all and the community is just minutes from the local beaches, state parks and downtown amenities too! This townhome is your opportunity to be a part of it all. Built by NV Homes, this 3BR, 2.5BA townhome offers an open and airy floorplan. The home features hardwoods throughout the living, kitchen and dining areas, a gourmet kitchen with stainless GE Profile appliances, a large island and breakfast bar. The extended living area offers vaulted ceilings, a ship-lap accent wall and plenty of room to spread out. This level opens to a beautiful paved patio with knee wall creating a charming courtyard. Don't forget, this is an end unit so your patio neighbors green space providing extra privacy! The first floor master includes a tray ceiling, huge windows overlooking the patio, an en-suite bath complete with a tiled walk in shower, dual vanity sink and spacious walk-in closet. The second level of this home offers plenty of room for family and friends featuring 2 spacious guest rooms with walk-in closets, a loft area ideal for a home office, den, fitness area or play room, large storage room and full bath too! Why build new when this home has it all and is move in ready!

Last Agent to Sell the Property

Bryce Lingo

(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 05/21/2020

Jack Lingo - Rehoboth

Co-Listed By

Shaun Tull

(302) 226-6417 shaun@rbre.com Jack Lingo - Rehoboth License #RS-0016284

Last Buyer's Agent

Janet Brendel

(410) 960-4807 jbrendel@cbmove.com Coldwell Banker Realty License #RS-0021992

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,114

Year Built

  • Built in 2017

Lot Details

  • Extensive Hardscape
  • Property is in excellent condition

HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Driveway Space
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Architectural Shingle Roof
  • Stone Siding
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,025 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Window Screens
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Loft
  • Security Gate

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Schools

  • Love Creek Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 334-11.00-394.01-36

Community Details

Overview

  • $500 Recreation Fee
  • $2,750 Capital Contribution Fee
  • Association fees include common area maintenance, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, pool(s), recreation facility, reserve funds, road maintenance
  • $5,000 Other One-Time Fees
  • Coastal Club HOA
  • Built by NV Homes
  • Coastal Club Subdivision
  • Property Manager

Amenities

  • Common Area
  • Clubhouse
  • Community Center

Recreation

  • Community Playground
  • Fitness Center
  • Community Indoor Pool
  • Pool Membership Available
  • Jogging Path
  • Bike Trail

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,114

Year Built

Built in 2017

Lot Details

0

HOA Fees

$266 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2017
  • Building Winterized: No
  • Remarks Public: Seeking resort style living where you have everything at your disposal? The indoor and outdoor pools, swim up pool bar, clubhouse, kiddie splash park, nature trails, arts and crafts center, community garden, dog park and 3.1 mile walking trail should entice you. Coastal Club in Lewes has it all and the community is just minutes from the local beaches, state parks and downtown amenities too! This townhome is your opportunity to be a part of it all. Built by NV Homes, this 3BR, 2.5BA townhome offers an open and airy floorplan. The home features hardwoods throughout the living, kitchen and dining areas, a gourmet kitchen with stainless GE Profile appliances, a large island and breakfast bar. The extended living area offers vaulted ceilings, a ship-lap accent wall and plenty of room to spread out. This level opens to a beautiful paved patio with knee wall creating a charming courtyard. Don't forget, this is an end unit so your patio neighbors green space providing extra privacy! The first floor master includes a tray ceiling, huge windows overlooking the patio, an en-suite bath complete with a tiled walk in shower, dual vanity sink and spacious walk-in closet. The second level of this home offers plenty of room for family and friends featuring 2 spacious guest rooms with walk-in closets, a loft area ideal for a home office, den, fitness area or play room, large storage room and full bath too! Why build new when this home has it all and is move in ready!
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Combination Kitchen/Living, Crown Moldings, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Recessed Lighting, Bathroom - Stall Shower, Upgraded Countertops, Walk-In Closet(s), Window Treatments
  • Window Features: Screens
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings, Cathedral Ceilings, Dry Wall
  • Foundation Details: Slab
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Loft, Bathroom 2, Primary Bathroom
  • Basement: No
  • Laundry Type: Main Floor, Has Laundry, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 2025
  • Living Area Sq Ft: 2025
  • Price Per Sq Ft: 187.16
  • Above Grade Finished Sq Ft: 2025
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 31432

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Stone, Vinyl Siding
  • Exterior Features: Extensive Hardscape
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage Door Opener, Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Security: Security Gate, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Natural Gas Available
  • Water Source: Private
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 250.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 549.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Bike Trail, Club House, Common Grounds, Community Center, Exercise Room, Fitness Center, Gated Community, Jog/Walk Path, Pool - Indoor, Pool - Outdoor, Pool Mem Avail, Swimming Pool, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance
  • HOA Name: COASTAL CLUB HOA
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: 500.00
  • Association Recreation Fee: Yes
  • Community Pool Features: Fenced, In Ground, Indoor

Fee Information

  • Other Fees: 5000.00
  • Other Fees Frequency: One Time
  • Capital Contribution Fee: 2750.00

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: LOVE CREEK
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: Listing Agent
  • Elementary School: LOVE CREEK
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Horses: No
  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Excellent
  • Year Assessed: 2019
  • Zoning: MR
  • In City Limits: No

Building Info

  • Builder Name: NV Homes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 1114.00
  • Assessor Parcel Number: 334-11.00-394.01-36
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/17/2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2022
Sold by
Mary Pearse
Bought by
Rea Mark Anthony and Rea Elizabeth M
Current Estimated Value
$598,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Outstanding Balance
$390,744
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$207,950

Purchase Details

Listed on
May 21, 2020
Closed on
Jul 16, 2020
Sold by
Long Michael E and Long Donna M
Bought by
Pearse Mary
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Janet Brendel
Coldwell Banker Realty
List Price
$379,000
Sold Price
$372,000
Premium/Discount to List
-$7,000
-1.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.56%
Original Mortgage
$172,000
Interest Rate
3.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Rea Mark Anthony $525,000 Benson Bonnie M
Pearse Mary $372,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rea Mark Anthony $420,000
Previous Owner Pearse Mary $172,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2020 07/17/20 Sold $372,000 -1.8% $184 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
05/21/2020 05/21/20 For Sale $379,000 -- $187 / 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 $1,072 $23,350 $0 $23,350
2024 $1,168 $23,350 $0 $23,350
2023 $1,167 $23,350 $0 $23,350
2022 $1,126 $23,350 $0 $23,350
2021 $1,116 $23,350 $0 $23,350
2020 $1,113 $23,350 $0 $23,350
2019 $1,114 $23,350 $0 $23,350
2018 $1,043 $23,750 $0 $0
2017 $999 $23,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bryce Lingo

    Seller's Agent in 2020

    Bryce Lingo

    Jack Lingo - Rehoboth

    (302) 226-6417

    91 in this area

    342 Total Sales

    Bryce Lingo
    Section Image
  • Shaun Tull

    Seller Co-Listing Agent in 2020

    Shaun Tull

    Jack Lingo - Rehoboth

    (302) 226-6417

    45 in this area

    272 Total Sales

    Shaun Tull
    Section Image
  • Janet Brendel

    Buyer's Agent in 2020

    Janet Brendel

    Coldwell Banker Realty

    (410) 960-4807

    1 in this area

    10 Total Sales

    Janet Brendel
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU160868

Bright MLS

APN: 334-11.00-0394.01- 36

Delaware Sussex County Lewes 19958

31432 Falmouth Way Unit 36, Lewes, DE

This home is located at 31432 Falmouth Way Unit 36, Lewes, DE 19958 since 21 May 2020 and is currently estimated at $598,694, approximately $295 per square foot. This property was built in 2017. 31432 Falmouth Way Unit 36 is a home located in Sussex County with nearby schools including Love Creek Elementary School, Mariner Middle School, and Cape Henlopen High School.

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