NOT LISTED FOR SALE

33740 Reservoir Dr Lewes, DE 19958

Estimated Value: $588,000 - $690,758

4 Beds
3 Baths
3,096 Sq Ft
$205/Sq Ft Est. Value

Last Sold May 04, 2021

Last sale price $517,000 $167 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,523/month

Highlights

  • Coastal Architecture
  • Deck
  • Main Floor Bedroom
  • Love Creek Elementary School Rated A
  • Wood Flooring
  • Attic

About This Home

As of May 2021

Pristine 4 bedroom, 3 full bath Prestwick Model Beazer home boasts over 3,000 sq ft and is located pond front in the desirable neighborhood of the Ridings at Rehoboth. The home features detailed crown moldings, coffered ceilings, new luxury vinyl flooring, updated dual HVAC systems (2018), a 3 season room, oversized custom deck with built in seating, hardscape patio and fully fenced in back yard. The gourmet kitchen has updated appliances, granite countertops, dual wall ovens, built in spice racks, center island, tons of storage, and a large sized pantry. All of the bedrooms feature full sized closets and the first floor primary bedroom has two walk closets and a large ensuite with dual sinks, separate shower and bathtub. This home has plenty of room for entertainment with a cozy family room with a gas fireplace, separate dining room and 2nd level bonus room with adjacent bedroom and bath. This home is equipped with owned energy saving solar panels that convey with the sale. Need a place to store your beach toys? Check out the conditioned crawlspace with outside entrance. Located 3 miles from dining, shopping and the bay in historic Lewes, this home has easy access to the beach areas while being situated away in the quiet community. This development features a clubhouse with fitness room, meeting area, and great room. Relax by the large community pool while overlooking the expansive community pond with fountain, this home is a must see.

Last Agent to Sell the Property

Brigit Taylor

(302) 500-0750 brigit@griffinhigginsteam.com Keller Williams Realty License #17933 Listed on: 03/12/2021

Keller Williams Realty

Last Buyer's Agent

Terry Millman

(302) 226-6640 TERRY@JACKLINGO.COM Jack Lingo - Rehoboth License #RA-0002220

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,523

Year Built

  • Built in 2008

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 100.00 x 200.00
  • Property is Fully Fenced
  • Sprinkler System
  • Property is zoned AR-1

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Coastal Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,096 Sq Ft Home
  • Property has 2 Levels
  • Gas Fireplace
  • Window Treatments
  • Combination Kitchen and Living
  • Crawl Space
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Washer
  • Gas Dryer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Eco-Friendly Details

  • Solar Heating System
  • Heating system powered by active solar

Outdoor Features

  • Deck
  • Screened Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • 200+ Amp Service
  • Tankless Water Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 220
  • Assessor Parcel Number 234-05.00-761.00

Community Details

Overview

  • The Ridings At Rehoboth Owners Association, Inc. HOA
  • Ridings At Rehoboth Subdivision
  • Property Manager

Amenities

  • Community Center

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,523

Year Built

Built in 2008

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: China cabinet; king bedroom suite (2nd floor); leather love seat and chair (2nd floor); marble table (2nd floor); craft table (2nd floor); credenza (2nd floor); trundle bed (1st floor); 14 kilowatt whole house generator
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-03-12
  • Federal Flood Zone: No
  • Year Built: 2008
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Gas, Icemaker, Microwave, Oven - Wall, Oven/Range - Gas, Refrigerator, Washer, Water Heater, Water Heater - Tankless
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Attic, Breakfast Area, Combination Kitchen/Living, Entry Level Bedroom, Pantry, Window Treatments
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter, Crawl Space
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 3096
  • Living Area Sq Ft: 3096
  • Price Per Sq Ft: 155.01
  • Above Grade Finished Sq Ft: 3096
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • Exterior Features: Lawn Sprinkler
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas, Solar
  • Heating Type: Forced Air, Heat Pump - Electric Backup, Solar - Active
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 100.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Community Center, Pool - Outdoor, Swimming Pool
  • HOA Name: THE RIDINGS AT REHOBOTH OWNERS ASSOCIATION, INC.
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Fully
  • Lot Size Acres: 0.45
  • Lot Dimensions: 100.00 x 200.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19602.00
  • Outdoor Living Structures: Deck(s), Porch(es), Screened
  • Zoning: AR-1
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5168139
  • School Tax: 1379.00
  • Tax Annual Amount: 1523.00
  • Assessor Parcel Number: 234-05.00-761.00
  • Tax Lot: 220
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2021
Closed on
May 4, 2021
Sold by
Michele M Wilt Ret
Bought by
Varitkias Stephen
Seller's Agent
Brigit Taylor
Keller Williams Realty
Buyer's Agent
Terry Millman
Jack Lingo - Rehoboth
List Price
$479,900
Sold Price
$517,000
Premium/Discount to List
$37,100
7.73%
Current Estimated Value
$634,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,190
Avg. Annual Appreciation
4.66%
Original Mortgage
$392,000
Outstanding Balance
$296,778
Interest Rate
3.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$337,412

Purchase Details

Closed on
Feb 10, 2017
Sold by
Wilt Michele M and Wilt Willard W
Bought by
Michele M Wilt Rev Trust Dated Feb 10 20
Source: Public Records

Range of Values:

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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
Varitkias Stephen $517,000 None Available
Michele M Wilt Rev Trust Dated Feb 10 20 -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varitkias Stephen $392,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2021 05/04/21 Sold $517,000 +7.7% $167 / Sq Ft
03/14/2021 03/14/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $479,900 -- $155 / 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 $1,234 $32,450 $6,350 $26,100
2024 $1,599 $32,450 $6,350 $26,100
2023 $1,598 $32,450 $6,350 $26,100
2022 $1,542 $32,450 $6,350 $26,100
2021 $1,528 $32,450 $6,350 $26,100
2020 $1,124 $32,450 $6,350 $26,100
2019 $1,526 $32,450 $6,350 $26,100
2018 $0 $32,450 $0 $0
2017 $1,365 $32,450 $0 $0
2016 $1,296 $32,450 $0 $0
2015 $1,229 $32,200 $0 $0
2014 $1,180 $31,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU178916

Bright MLS

APN: 234-05.00-761.00