NOT LISTED FOR SALE

34313 Summerlyn Dr Unit 407 Lewes, DE 19958

Estimated Value: $313,864 - $382,000

3 Beds
2 Baths
1,560 Sq Ft
$383/mo HOA Fee

Last Sold May 16, 2021

Last sale price $260,000 $167 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,484/month

4 Days on Market

Highlights

  • 9.59 Acre Lot
  • Open Floorplan
  • Sun or Florida Room
  • Love Creek Elementary School Rated A
  • Main Floor Bedroom
  • Community Pool

About This Home

As of May 2021

End unit on second floor in elevator building with three bedrooms, two baths, gas fireplace, Sun/Florida Room, and rear porch. Community amenities include an in-ground swimming pool and a large lot for boats, trailers, or RV's. The areas many restaurants and shopping outlets are only minutes away . Summerlyn is also close to Lewes Beach (3.5 miles) , Cape Henlopen State Park (5 miles) and Rehoboth Beach (5 miles). Good investor opportunity with both long-term and weekly summer rental opportunities in Summerlyn. All showing attendees must wear gloves and masks and refrain from touching any surfaces while in the apartment.

Last Agent to Sell the Property

Bill Wagamon

Jack Lingo - Lewes License #RA-0003511 Listed on: 03/26/2021

Jack Lingo - Lewes

Co-Listed By

RAMONA ZOCCOLA

Jack Lingo - Lewes License #RS-0023932

Last Buyer's Agent

Amy Hamer Czyzia

Iron Valley Real Estate at The Beach License #RS-0019563

Iron Valley Real Estate at The Beach

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $948

Year Built

  • Built in 2003

Lot Details

  • Southeast Facing Home

HOA Fees

  • $383 Monthly HOA Fees

Home Design

  • Frame Construction

Interior Spaces

  • 1,560 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Bar
  • Corner Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Combination Kitchen and Dining Room
  • Sun or Florida Room
  • Carpet
  • Basement

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Soaking Tub
  • Walk-in Shower

Home Security

Parking

  • Parking Lot
  • Off-Street Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 334-06.00-490.00-407

Community Details

Overview

  • $300 Capital Contribution Fee
  • Association fees include common area maintenance, snow removal, exterior building maintenance, pool(s), road maintenance
  • $175 Other One-Time Fees
  • Low-Rise Condominium
  • Summerlyn Subdivision
  • Property Manager

Recreation

  • Community Pool

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$948

Year Built

Built in 2003

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
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-04-06
  • Federal Flood Zone: No
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: End unit on second floor in elevator building with three bedrooms, two baths, gas fireplace, Sun/Florida Room, and rear porch. Community amenities include an in-ground swimming pool and a large lot for boats, trailers, or RV's. The areas many restaurants and shopping outlets are only minutes away . Summerlyn is also close to Lewes Beach (3.5 miles) , Cape Henlopen State Park (5 miles) and Rehoboth Beach (5 miles). Good investor opportunity with both long-term and weekly summer rental opportunities in Summerlyn. All showing attendees must wear gloves and masks and refrain from touching any surfaces while in the apartment.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Water Heater
  • Entry Floor: 2
  • Interior Amenities: Bar, Carpet, Combination Kitchen/Dining, Elevator, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Sprinkler System, Bathroom - Stall Shower, Bathroom - Soaking Tub, Walk-In Closet(s), Window Treatments
  • Fireplace Features: Corner
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room Count: 7
  • Room List: Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Sun/Florida Room, Bathroom 1, Primary Bathroom
  • Basement: Yes
  • Total Sq Ft: 1560
  • Living Area Sq Ft: 1560
  • Price Per Sq Ft: 163.40
  • Above Grade Finished Sq Ft: 1560
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 34313

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: Off Street, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Private
  • Municipal Trash: No
  • Internet Services: Cable

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: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Snow Removal, Ext Bldg Maint, Pool(s), Road Maintenance
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

Fee Information

  • Other Fees: 175.00
  • Other Fees Frequency: One Time
  • Capital Contribution Fee: 300.00

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: LEWES
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 300200396895
  • School District Source: 3rd Party
  • Elementary School: LEWES
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Land Use Code: RC
  • Lot Size Acres: 9.59
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 417740.00
  • Year Assessed: 2020
  • Zoning: RES
  • Zoning Description: Residential Condo
  • In City Limits: No

Rental Info

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

Tax Info

  • School Tax: 858.00
  • Tax Annual Amount: 948.00
  • Assessor Parcel Number: 334-06.00-490.00-407
  • Tax Total Finished Sq Ft: 1560
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 05/16/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2021
Closed on
May 11, 2021
Sold by
Butera Scott
Bought by
Borrero Alexander J and Wisemiller Rachel C
Seller's Agent
Bill Wagamon
Jack Lingo - Lewes
Buyer's Agent
Amy Hamer Czyzia
Iron Valley Real Estate at The Beach
List Price
$254,900
Sold Price
$260,000
Premium/Discount to List
$5,100
2%
Total Days on Market
4
Current Estimated Value
$360,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,966
Avg. Annual Appreciation
7.66%
Original Mortgage
$179,000
Interest Rate
3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 21, 2004
Bought by
Butera Scott
Source: Public Records

Similar Homes in Lewes, DE

  • 34704 Villa Cir Unit 1307, Lewes, DE 19958

    $349,900

    • 2 Beds
    • 2 Baths
    • 1,074 Sq Ft
    • 34704 Villa Cir
    • Unit 1307
    • Lewes, DE

    See full details and book a self-tour at: | This beautifully maintained third-floor condo puts you just 5.5 miles from Cape Henlopen State Park and minutes from downtown Lewes via Route 1-prime Delaware beach living without compromise. Natural light floods the pristine 2-bedroom, 2-bathroom retreat, where neutral tones and plush carpeting create an inviting canvas for your next chapter. The

    Jennifer Demarest The Parker Group Orbit LLC

    Section Image
  • 34682 Villa Cir Unit 4202, Lewes, DE 19958

    $345,000

    • 2 Beds
    • 2 Baths
    • 1,074 Sq Ft
    • 34682 Villa Cir
    • Unit 4202
    • Lewes, DE

    Welcome to Villas at Bay Crossing! Discover this second level Atlantic model with split floor plan including a sizable primary ensuite bedroom with generously sized walk-in closet as well as one additional bedroom and full hall bath. From the living room is the access to the kitchen, dining room and screened porch. Recent upgrades include hardwood flooring, refrigerator, microwave and hot water

    DEBBIE REED RE/MAX Realty Group Rehoboth

    Section Image
  • 33945 Middleton Cir Unit 8, Lewes, DE 19958

    $390,000

    • 3 Beds
    • 3 Baths
    • 1,486 Sq Ft
    • 33945 Middleton Cir
    • Unit 8
    • Lewes, DE

    Whether you're searching for an investment opportunity, a beach retreat, or your next full-time residence, 33945 Middleton Circle, Unit 8 is a must-see! Nestled in a park-like setting within the sought-after Plantations community, this beautiful home offers a prime location just minutes from Lewes Beach, the Rehoboth boardwalk, boutique shopping, and some of the area's top dining destinations.

    Vince DiPietro Northrop Realty

    Section Image
  • 17436 Slipper Shell Way Unit 4105, Lewes, DE 19958

    $399,900

    • 3 Beds
    • 2 Baths
    • 1,840 Sq Ft
    • 17436 Slipper Shell Way
    • Unit 4105
    • Lewes, DE

    Spacious corner condo in Prime Lewes Location!Located just off Route 1, this beautifully maintained 3bedroom, 2 bath condo is minutes from Lewes Beach, the scenic bike path, and premier shopping and dining. Perfect for year-round living or as a smart investment property!This is the largest condo in the desirable Sandbar community, featuring a bright and open floor plan, hardwood flooring in the

    JAY SCHULMAN Coldwell Banker Realty

    Section Image
  • 33530 Old Salt Ln Unit 1310, Lewes, DE 19958

    $360,000

    • 2 Beds
    • 2 Baths
    • 1,096 Sq Ft
    • 33530 Old Salt Ln
    • Unit 1310
    • Lewes, DE

    Limited Time Incentive - Call for details.Third Floor Ensign Unit ready for immediate occupancy. Come explore one of the newest condominium project in Lewes, Delaware. Located off of John J. Williams Highway just 5.5 miles to Rehoboth beach and 9.6 miles to Cape Henlopen State Park. Project has a total of six buildings with 30 units. Community amenities include an outdoor pool, pool house,

    Elizabeth Dorman Coldwell Banker Premier - Rehoboth

    Section Image
  • 33530 Old Salt Ln Unit 1307, Lewes, DE 19958

    $374,720

    • 2 Beds
    • 2 Baths
    • 1,200 Sq Ft
    • 33530 Old Salt Ln
    • Unit 1307
    • Lewes, DE

    Limited Time Incentive - call for details.Third floor Beacon II ready for immediate occupancy. Come explore this water oriented condominium project in Lewes, Delaware. Located off of John J. Williams Highway just 5.5 miles to Rehoboth beach and 9.6 miles to Cape Henlopen State Park. Community will have a total of six buildings with 30 units per building. Community features pool and pool house

    Elizabeth Dorman Coldwell Banker Premier - Rehoboth

    Section Image
  • 33530 Old Salt Ln Unit 1303, Lewes, DE 19958

    $369,270

    • 2 Beds
    • 2 Baths
    • 1,234 Sq Ft
    • 33530 Old Salt Ln
    • Unit 1303
    • Lewes, DE

    Limited Time Incentive - call for details.Come explore the newest condominium project in Lewes, Delaware. Located off of John J. Williams Highway just 5.5 miles to Rehoboth beach and 9.6 miles to Cape Henlopen State Park. Ready for immediate occupancy. Community will has a total of six buildings with 30 units per building. Community features pool and pool house and a gated entrance for

    Elizabeth Dorman Coldwell Banker Premier - Rehoboth

    Section Image
  • 33530 Old Salt Ln Unit 1302, Lewes, DE 19958

    $369,450

    • 2 Beds
    • 2 Baths
    • 1,113 Sq Ft
    • 33530 Old Salt Ln
    • Unit 1302
    • Lewes, DE

    Limited Time Incentive - call for details.Ready for immediate occupancy. Come explore this water oriented condominium project in Lewes, Delaware. Located off of John J. Williams Highway just 5.5 miles to Rehoboth beach and 9.6 miles to Cape Henlopen State Park. Community has a total of six buildings with 30 units per building. Community features pool and pool house and a gated entrance for

    Elizabeth Dorman Coldwell Banker Premier - Rehoboth

    Section Image
  • 33530 Old Salt Ln Unit 1209, Lewes, DE 19958

    $379,120

    • 2 Beds
    • 2 Baths
    • 1,113 Sq Ft
    • 33530 Old Salt Ln
    • Unit 1209
    • Lewes, DE

    Limited Time Incentive - Call for details.Ready for immediate occupancy! Come explore one of the newest condominium project in Lewes, Delaware. Located off of John J. Williams Highway just 5.5 miles to Rehoboth beach and 9.6 miles to Cape Henlopen State Park. Project will have a total of six buildings with 30 units. Community features pool and pool house and a gated entrance for security. All

    Elizabeth Dorman Coldwell Banker Premier - Rehoboth

    Section Image

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
Borrero Alexander J $260,000 None Available
Butera Scott $210,000 --
Butera Scott $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wisemiller Rachel Cristine $258,750
Closed Borrero Alexander J $179,000
Closed Borrero Alexander J $179,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2021 05/16/21 Sold $260,000 +2.0% $167 / Sq Ft
03/31/2021 03/31/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $254,900 -- $163 / 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
2024 $1,018 $20,200 $0 $20,200
2023 $1,017 $20,200 $0 $20,200
2022 $981 $20,200 $0 $20,200
2021 $972 $20,200 $0 $20,200
2020 $969 $20,200 $0 $20,200
2019 $971 $20,200 $0 $20,200
2018 $907 $20,650 $0 $0
2017 $868 $20,650 $0 $0
2016 $825 $20,650 $0 $0
2015 $788 $20,650 $0 $0
2014 $782 $20,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU179112

Bright MLS

APN: 334-06.00-490.00-407