NOT LISTED FOR SALE

33225 Horseshoe Ct Unit 59 Lewes, DE 19958

Estimated Value: $799,000 - $817,000

0.48 Acre
$1,682,179 Price per Acre
20,909 Sq Ft Lot

Last Sold February 12, 2021

Last sale price $460,000

Est. 76% increase in value since last sale

Current estimated payment $4,577/month

2 Days on Market

Highlights

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

About This Lot

As of February 2021

Rare opportunity! .48 Acre Lot available East of Route One. This iconic 132 acre community along Gills Neck Road in Lewes features 166 building lots for custom homes (no builder tie-in). The property is situated next to a portion of the 16 mile loop of the Junction Breakwater Bike Trail. Community amenities 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 is 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: 12/07/2020

Jack Lingo - Lewes

Last Buyer's Agent

Carrie Lingo

(302) 500-0825 carrie@jacklingo.com Jack Lingo - Lewes License #RS-0017885 Listed on: 12/07/2020

Jack Lingo - Lewes

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $500

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 98 x 207 x 128 x 170
  • Cleared Lot
  • Impact Fee Building Permits
  • Property is zoned AR1

HOA Fees

  • $195 Monthly HOA Fees

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 335-8.00-1058

Community Details

Overview

  • $2,000 Capital Contribution Fee
  • Association fees include snow removal, common area maintenance, management, pool(s)
  • $275 Other One-Time Fees
  • Showfield Subdivision

Amenities

  • Community Center

Recreation

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

Property Details

Property Type

Land

Est. Annual Taxes

$500

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
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Rare opportunity! .48 Acre Lot available East of Route One. This iconic 132 acre community along Gills Neck Road in Lewes features 166 building lots for custom homes (no builder tie-in). The property is situated next to a portion of the 16 mile loop of the Junction Breakwater Bike Trail. Community amenities 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 is a premier neighborhood in Lewes.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 22.13
  • Street Number Modifier: 33225

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
  • Utilities: Cable Tv, Electric Available, Natural Gas Available, Phone Available, Water Available, Sewer Available
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

  • HOA Fees: 585.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Bike Trail, Community Center, Fitness Center, Jog/Walk Path, Pool - Outdoor, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Snow Removal, Common Area Maintenance, Management, Pool(s)
  • HOA: Yes
  • Association Recreation Fee: No

Fee Information

  • Other Fees: 275.00
  • Other Fees Frequency: One Time
  • Capital Contribution Fee: 2000.00

Schools

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

Lot Info

  • Additional Parcels: No
  • Crops Included: No
  • Lot Features: Cleared
  • Lot Size Acres: 0.48
  • Lot Dimensions: 98 x 207 x 128 x 170
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20783.00
  • Zoning: AR1
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 500.00
  • Assessor Parcel Number: 335-8.00-1058
  • Close Date: 02/12/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2020
Closed on
Feb 12, 2021
Sold by
Green Peter W and Green Kathleen A
Bought by
Jachetti Joseph M
Seller's Agent
Carrie Lingo
Jack Lingo - Lewes
Buyer's Agent
Carrie Lingo
Jack Lingo - Lewes
List Price
$460,000
Sold Price
$460,000
Current Estimated Value
$807,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,446
Avg. Annual Appreciation
12.80%

Purchase Details

Listed on
Sep 1, 2018
Closed on
Oct 15, 2019
Sold by
Showfield Lewes Lp
Bought by
Green Peter W and Green Kathleen A
Seller's Agent
Carrie Lingo
Jack Lingo - Lewes
Buyer's Agent
PATRICIA CARULLI
Berkshire Hathaway HomeServices PenFed Realty
List Price
$334,900
Sold Price
$334,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.95%
Original Mortgage
$267,900
Interest Rate
3.3%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Jachetti Joseph M $460,000 None Available
Green Peter W $334,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Green Peter W $267,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/12/2021 02/12/21 Sold $460,000 0.0% --
12/09/2020 12/09/20 Pending -- -- --
12/07/2020 12/07/20 For Sale $460,000 +37.4% --
10/16/2019 10/16/19 Sold $334,900 0.0% -- View Prior Sale
08/07/2019 08/07/19 Pending -- -- --
09/01/2018 09/01/18 For Sale $334,900 -- --
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 $1,212 $9,000 $9,000 $0
2024 $444 $9,000 $9,000 $0
2023 $443 $9,000 $9,000 $0
2022 $428 $9,000 $9,000 $0
2021 $424 $9,000 $9,000 $0
2020 $423 $9,000 $9,000 $0
2019 $423 $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

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU174216

Bright MLS

APN: 335-08.00-1058.00