NOT LISTED FOR SALE

34297 Summerlyn Dr Unit 515 Lewes, DE 19958

Estimated Value: $115,000 - $420,000

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

Last Sold May 28, 2021

Last sale price $310,000 $157 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,114/month

Highlights

  • Penthouse
  • 9.59 Acre Lot
  • Community Pool
  • Love Creek Elementary School Rated A
  • Open Floorplan
  • Forced Air Heating and Cooling System

About This Home

As of May 2021

Penthouse condo with an elevator! This large condo is one of the biggest in the community. Three bedrooms and two baths complete your beach home right between Lewes and Rehoboth. Freshly cleaned and painted, this condo is ready for your enjoyment. Heat/AC unit replaced two years ago. Perfect for someone who wants to live near the beaches and relax at the pool!

Last Agent to Sell the Property

EDIE PAGE

(302) 745-3543 ediepage@comcast.net Delaware Coastal Realty License #RA-0003296 Listed on: 04/15/2021

Last Buyer's Agent

GREG WOOD

(302) 228-7185 gregwood@jacklingo.com Jack Lingo - Lewes License #RS-0021913

Jack Lingo - Lewes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,023

Year Built

  • Built in 2004

Lot Details

  • 9.59

HOA Fees

  • $383 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Penthouse
  • Entry on the 3rd floor
  • Frame Construction

Interior Spaces

  • 1,980 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Gas Fireplace
  • Partial Basement

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-06.00-490.00-515

Community Details

Overview

  • Low-Rise Condominium
  • Summerlyn Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,023

Year Built

Built in 2004

Lot Details

0

HOA Fees

$383 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-04-15
  • Federal Flood Zone: No
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Stove, Washer, Water Heater
  • Entry Floor: 3
  • Interior Amenities: Ceiling Fan(s), Elevator, Floor Plan - Open
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Elevators Count: 1
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 1980
  • Living Area Sq Ft: 1980
  • Price Per Sq Ft: 148.99
  • 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
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Community

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 4600.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 9.59
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 417740.00
  • Zoning: C-1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5209631
  • School Tax: 926.00
  • Tax Annual Amount: 1023.00
  • Assessor Parcel Number: 334-06.00-490.00-515
  • 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
Apr 15, 2021
Closed on
May 27, 2021
Sold by
Mcnamara James C and Mcnamara Dolores A
Bought by
Mummanu Kristy and Mummanu Timothy
Seller's Agent
EDIE PAGE
Delaware Coastal Realty
Buyer's Agent
GREG WOOD
Jack Lingo - Lewes
List Price
$295,000
Sold Price
$310,000
Premium/Discount to List
$15,000
5.08%
Current Estimated Value
$318,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,333
Avg. Annual Appreciation
0.60%
Original Mortgage
$248,000
Outstanding Balance
$224,533
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$93,800
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
Mummanu Kristy $31,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mummanu Kristy $248,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2021 05/28/21 Sold $310,000 +5.1% $157 / Sq Ft
04/15/2021 04/15/21 For Sale $295,000 -- $149 / 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

  • E

    Seller's Agent in 2021

    EDIE PAGE

    Delaware Coastal Realty

    (302) 745-3543

    25 in this area

    47 Total Sales

    EDIE PAGE
    Section Image

  • G

    Buyer's Agent in 2021

    GREG WOOD

    Jack Lingo - Lewes

    (302) 228-7185

    10 in this area

    46 Total Sales

    GREG WOOD
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU180976

Bright MLS

APN: 334-06.00-490.00-515

Delaware Sussex County Lewes 19958

34297 Summerlyn Dr Unit 515, Lewes, DE

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