NOT LISTED FOR SALE

33696 Reservoir Dr Lewes, DE 19958

Estimated Value: $623,000 - $760,140

4 Beds
3.5 Baths
4,744 Sq Ft
$147/Sq Ft Est. Value

Last Sold April 14, 2022

Last sale price $640,000 $135 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,862/month

Highlights

  • 98 Feet of Waterfront
  • Fitness Center
  • Open Floorplan
  • Love Creek Elementary School Rated A
  • Water Oriented
  • Colonial Architecture

About This Home

As of April 2022

Back on the Market - To no fault of the sellers, buyer's asked for release due to personal reasons.
WATERFRONT LIVING AT IT'S FINEST!! This exquisite, well-maintained 4 bedroom, 3.5 bath home is situated on about a half acre premium lot, right on the pond in The Ridings at Rehoboth. As soon as you walk through the door, you are greeted with dramatic vaulted ceilings in the foyer with gleaming original hardwood floors. A formal dining room is to the left, leading into the updated kitchen or to the right find the perfect sitting area. Venture straight ahead and climb stairs leading to the primary bedroom with a full wall of windows to enjoy views of the pond. Find two separate, spacious closets and a primary en suite with large soaker tub. Three additional bedrooms are located on this level with one also sharing views of the pond. If you decide to stay on the main level, pass the steps leading upstairs, you will find a half bath, first floor office and the grand living room. The office and living room boast vast windows allowing for exceptional natural light and views of the pond featuring a lighted fountain. Further on, is the kitchen updated in 2020, featuring marble counters with backsplash, stainless steel appliances, built-in wine rack with beverage cooler, kitchen island with additional seating and room for an eat-in kitchen table. From the kitchen, travel outside to the back yard to a maintenance free composite deck or continue inside the home towards the laundry room, garage and steps leading down to the finished basement. In the basement find a flex room with a closet that can be used as additional guest space with an attached full bath newly remodeled 2021. There is an oversized rec/family room with endless possibilities, two storage rooms with a deep freezer and steps leading out of the basement to the back yard. Community has a pool, clubhouse and fitness center. With all this home has to offer, plus a 1 year home warranty, don’t miss the chance to see it. Schedule your appointment today for a private tour!

Last Agent to Sell the Property

Julie Gritton

(302) 645-1111 julie@selltheshore.com Coldwell Banker Premier - Lewes License #RA-0031139 Listed on: 10/07/2021

Coldwell Banker Premier - Lewes

Co-Listed By

Melissa Logue

(302) 522-9164 mlogue@cbanker.com Coldwell Banker Premier - Lewes License #RS0026041

Last Buyer's Agent

Rick Hagar

(610) 308-6750 rickhagar@kw.com Empower Real Estate, LLC License #5000686

Empower Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,838

Year Built

  • Built in 2007

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 98.00 x 212.00
  • 98 Feet of Waterfront
  • Property is zoned AR-1

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Block Foundation
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Family Room Off Kitchen
  • Sitting Room
  • Living Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Storage Room
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Kitchen Island
  • Upgraded Countertops
  • Wine Rack

Flooring

  • Wood
  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Water Oriented
  • Property is near a pond
  • Deck
  • Porch

Schools

  • Cape Henlopen High School

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Metered Propane
  • Propane Water Heater
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 234-05.00-752.00

Community Details

Overview

  • $500 Capital Contribution Fee
  • Association fees include common area maintenance, pool(s), recreation facility, snow removal, trash
  • Ridings At Rehoboth Subdivision

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,838

Year Built

Built in 2007

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-10-07
  • Federal Flood Zone: No
  • Year Built: 2007
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Carpet, Luxury Vinyl Plank, Hardwood
  • Interior Amenities: Ceiling Fan(s), Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Pantry, Upgraded Countertops, Walk-In Closet(s), Whirlpool/Hottub, Wine Storage, Wood Floors, Family Room Off Kitchen, Kitchen - Island
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, Vaulted Ceilings
  • Foundation Details: Block
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, In-Law/AuPair/Suite, Laundry, Office, Recreation Room, Storage Room, Bathroom 1, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Full
  • Basement Finished Percent: 60.00
  • Laundry Type: Main Floor
  • Total Sq Ft: 5344
  • Living Area Sq Ft: 4744
  • Price Per Sq Ft: 183.76
  • Above Grade Finished Sq Ft: 3646
  • Below Grade Finished Sq Ft: 1098
  • Below Grade Sq Ft: 600
  • Total Below Grade Sq Ft: 1698
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding
  • Exterior Features: Sidewalks
  • Water Access: No
  • Water Body Name: Community Pond
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No
  • Water Frontage In Feet: 98

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Built In, Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • 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, Propane - Metered
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fees: 1200.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House, Fitness Center, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Recreation Facility, Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 500.00

Schools

  • High School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: CAPE HENLOPEN

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 6200.00
  • Land Assessed Value: 32250.00
  • Lot Size Acres: 0.48
  • Lot Dimensions: 98.00 x 212.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20908.80
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Zoning: AR-1
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5168127
  • School Tax: 1665.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1838.00
  • Assessor Parcel Number: 234-05.00-752.00
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2021
Closed on
Apr 14, 2022
Sold by
Keener John R
Bought by
Mulholland Christopher J and Mulholland Kimberly A
Seller's Agent
Julie Gritton
Coldwell Banker Premier - Lewes
Buyer's Agent
Rick Hagar
Empower Real Estate, LLC
List Price
$699,999
Sold Price
$640,000
Premium/Discount to List
-$59,999
-8.57%
Current Estimated Value
$698,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,785
Avg. Annual Appreciation
2.51%
Original Mortgage
$310,000
Outstanding Balance
$255,361
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$443,424

Purchase Details

Listed on
Jan 6, 2015
Closed on
Aug 24, 2015
Sold by
Branch Banking And Trust Company
Bought by
Keener John R
Seller's Agent
PAUL FAULKNER
Coldwell Banker Premier - Milford
Buyer's Agent
PAUL FAULKNER
Coldwell Banker Premier - Milford
List Price
$280,000
Sold Price
$280,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.26%

Purchase Details

Closed on
Sep 29, 2014
Bought by
Branch Banking And Trust Company

Purchase Details

Closed on
Oct 24, 2013
Bought by
Branch Banking And Trust Company
Source: Public Records

Range of Values:

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Average Value
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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
Mulholland Christopher J $640,000 Hudson Jones Jaywork & Fisher
Keener John R -- None Available
Branch Banking And Trust Company $300,000 --
Branch Banking And Trust Company -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mulholland Christopher J $310,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/14/2022 04/14/22 Sold $640,000 -4.5% $135 / Sq Ft
03/17/2022 03/17/22 Pending -- -- --
03/10/2022 03/10/22 Price Changed $669,999 -4.3% $141 / Sq Ft
03/07/2022 03/07/22 For Sale $699,999 0.0% $148 / Sq Ft
02/06/2022 02/06/22 Pending -- -- --
01/20/2022 01/20/22 Price Changed $699,999 0.0% $148 / Sq Ft
01/20/2022 01/20/22 For Sale $699,999 +9.4% $148 / Sq Ft
01/10/2022 01/10/22 Off Market $640,000 -- --
12/23/2021 12/23/21 Pending -- -- --
11/14/2021 11/14/21 Price Changed $690,000 -3.5% $145 / Sq Ft
11/02/2021 11/02/21 Price Changed $715,000 -3.4% $151 / Sq Ft
10/07/2021 10/07/21 For Sale $740,000 +164.3% $156 / Sq Ft
08/26/2015 08/26/15 Sold $280,000 0.0% $77 / Sq Ft View Prior Sale
07/20/2015 07/20/15 Pending -- -- --
01/06/2015 01/06/15 For Sale $280,000 -- $77 / 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 $1,246 $39,050 $6,200 $32,850
2024 $1,925 $39,050 $6,200 $32,850
2023 $1,923 $39,050 $6,200 $32,850
2022 $1,856 $39,050 $6,200 $32,850
2021 $1,839 $39,050 $6,200 $32,850
2020 $1,833 $39,050 $6,200 $32,850
2019 $1,836 $39,050 $6,200 $32,850
2018 $1,715 $39,050 $0 $0
2017 $1,642 $39,050 $0 $0
2016 $1,536 $38,450 $0 $0
2015 $1,468 $38,450 $0 $0
2014 $1,457 $38,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2007690

Bright MLS

APN: 234-05.00-752.00