NOT LISTED FOR SALE

34297 Summerlyn Dr Unit 514 Lewes, DE 19958

Estimated Value: $356,000 - $409,000

3 Beds
2 Baths
1,980 Sq Ft
$383/mo HOA Fee

Last Sold October 07, 2021

Last sale price $315,000 $159 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,491/month

10 Days on Market

Highlights

  • Open Floorplan
  • Combination Kitchen and Living
  • Community Pool
  • Love Creek Elementary School Rated A
  • Upgraded Countertops
  • Family Room Off Kitchen

About This Home

As of October 2021

Low maintenance living, central to everything awaits you in the community of Summerlyn. Situated within minutes to downtown Lewes and Rehoboth, this small condo community offers ample parking, elevator access to all levels, private pool, beautiful ponds and green space. All conveniently located near the restaurants, shopping and the beaches too! This 3rd level condo boasts +/- 1,980 sq/ft of living space and a popular open floor plan featuring 3 bedrooms, 2 full baths, laundry room with wash basin, and enclosed sunrooms offering great flex space for a home office, fitness, yoga, sitting room, etc. The bright white kitchen offers plenty of cabinetry for storage, neutral toned granite counters, recessed lighting, custom tiled floors and an island allowing seating for four. The family room is perfectly positioned off the kitchen and features a gas fireplace and plenty of room for relaxation. The master suite is situated at the rear of the condo and features a walk-in closet, en-suite bath complete with a shower, dual vanities and a soaking tub. This is a great opportunity with year-round tenants in place. Tenants lease is up the end of September 2021.

Last Agent to Sell the Property

Bryce Lingo

(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 08/06/2021

Jack Lingo - Rehoboth

Co-Listed By

Shaun Tull

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

Last Buyer's Agent

Tyson Mayers

(302) 542-3967 tysonmayers@gmail.com Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,027

Year Built

  • Built in 2004

Lot Details

  • Backs To Open Common Area
  • Property is in very good condition

HOA Fees

  • $383 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 1,980 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Window Treatments
  • Window Screens
  • Family Room Off Kitchen
  • Combination Kitchen and Living

Kitchen

  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Parking Lot
  • Unassigned Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Doors swing in

Schools

  • Rehoboth Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 334-06.00-490.00-514

Community Details

Overview

  • $475 Capital Contribution Fee
  • Association fees include lawn maintenance, management, exterior building maintenance, pool(s), reserve funds, road maintenance
  • 1 Elevator
  • Low-Rise Condominium
  • Summerlyn Subdivision
  • Property Manager

Amenities

  • Common Area

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,027

Year Built

Built in 2004

Lot Details

0

HOA Fees

$383 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Elevator, Doors - Swing In
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Refrigerator, Washer, Water Heater
  • Entry Floor: 3
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Kitchen/Living, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Island, Recessed Lighting, Bathroom - Soaking Tub, Upgraded Countertops, Walk-In Closet(s), Window Treatments
  • Window Features: Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Elevators Count: 1
  • Foundation Details: Slab
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Has Laundry, Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1980
  • Living Area Sq Ft: 1980
  • Price Per Sq Ft: 164.14
  • Above Grade Finished Sq Ft: 1980
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned
  • Type Of Parking: Parking Lot

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1150.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Common Grounds, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Management, Ext Bldg Maint, Pool(s), Reserve Funds, Road Maintenance
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Fenced

Fee Information

  • Capital Contribution Fee: 475.00

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Lot Features: Backs - Open Common Area
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Very Good
  • Zoning: C-1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Total Actual Rent: 18000.00
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 930.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1027.00
  • Assessor Parcel Number: 334-06.00-490.00-514
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2025
Sold by
Lunden Matthew Ryan
Bought by
Gone Coastal 302 Llc
Current Estimated Value
$389,985

Purchase Details

Listed on
Aug 6, 2021
Closed on
Oct 7, 2021
Sold by
Glenn John D and Glenn Jennifer A
Bought by
Lunden Matthew R
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Tyson Mayers
Keller Williams Realty
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.40%
Original Mortgage
$305,550
Interest Rate
2.99%
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
Gone Coastal 302 Llc -- None Listed On Document
Lunden Matthew R $315,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lunden Matthew R $305,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2021 10/07/21 Sold $315,000 -3.1% $159 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $325,000 -- $164 / 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 $682 $21,800 $0 $21,800
2024 $1,097 $21,800 $0 $21,800
2023 $1,096 $21,800 $0 $21,800
2022 $1,058 $21,800 $0 $21,800
2021 $1,048 $21,800 $0 $21,800
2020 $1,045 $21,800 $0 $21,800
2019 $1,046 $21,800 $0 $21,800
2018 $977 $22,250 $0 $0
2017 $936 $22,250 $0 $0
2016 $889 $22,250 $0 $0
2015 $849 $22,250 $0 $0
2014 $843 $22,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bryce Lingo

    Seller's Agent in 2021

    Bryce Lingo

    Jack Lingo - Rehoboth

    (302) 226-6417

    89 in this area

    333 Total Sales

    Bryce Lingo
    Section Image
  • Shaun Tull

    Seller Co-Listing Agent in 2021

    Shaun Tull

    Jack Lingo - Rehoboth

    (302) 226-6417

    47 in this area

    274 Total Sales

    Shaun Tull
    Section Image
  • Tyson Mayers

    Buyer's Agent in 2021

    Tyson Mayers

    Keller Williams Realty

    (302) 542-3967

    8 in this area

    75 Total Sales

    Tyson Mayers
    Section Image
  • Matt Lunden

    Buyer Co-Listing Agent in 2021

    Matt Lunden

    Keller Williams Realty

    (302) 200-6018

    44 in this area

    142 Total Sales

    Matt Lunden
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU2003300

Bright MLS

APN: 334-06.00-490.00-514

Delaware Sussex County Lewes 19958

34297 Summerlyn Dr Unit 514, Lewes, DE

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