NOT LISTED FOR SALE

348 Chestnut St Lewes, DE 19958

Estimated Value: $448,432 - $884,000

3 Beds
3 Baths
1,500 Sq Ft
$487/Sq Ft Est. Value

Last Sold October 07, 2016

Last sale price $490,000 $327 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,941/month

Highlights

  • Wood Flooring
  • Farmhouse Style Home
  • No HOA
  • Lewes Elementary School Rated A
  • Attic
  • 1-minute walk to Mary Vessels Park

About This Home

As of October 2016

BEACH TOWN ALLURE - The charm and essence of this three-bedroom home in Historic Downtown Lewes evoke the very definition of a "classic house" in the heart of town. Situated on a quiet, one-way street, this updated home features gorgeous hardwood floors, renovated kitchen with stainless steel appliances & Corian counters, exposed beams, built-ins, spacious bedrooms on the second and third floors, and more. After a day at the bay, relax on the screened porch overlooking the lavishly landscaped backyard with outdoor shower, storage shed, stone patio and walkway. Perfect as a beach retreat or year-round home within walking distance to parks, the bay, brand new library, downtown shopping and dining! Start making your own beach memories today!

Last Agent to Sell the Property

Lee Ann Wilkinson

(302) 278-6726 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064 Listed on: 07/14/2016

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Lee Ann Wilkinson

(302) 278-6726 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064 Listed on: 07/14/2016

Berkshire Hathaway HomeServices PenFed Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $608

Year Built

  • Built in 1905

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 26x83x23x83
  • Landscaped
  • Sprinkler System
  • Historic Home

Parking

  • On-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • Farmhouse Style Home
  • Block Foundation
  • Architectural Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,500 Sq Ft Home
  • Property has 3 Levels
  • Beamed Ceilings
  • Ceiling Fan
  • Window Treatments
  • Window Screens
  • Living Room
  • Dining Room
  • Crawl Space
  • Attic

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Stacked Electric Washer and Dryer

Outdoor Features

  • Outdoor Shower
  • Screened Patio
  • Outbuilding
  • Porch

Utilities

  • Central Air
  • Window Unit Cooling System
  • Heat Pump System
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 335-08.07-177.00

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$608

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Farm House
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: Yes
  • New Construction: No
  • Year Built: 1905
  • Remarks Public: BEACH TOWN ALLURE - The charm and essence of this three-bedroom home in Historic Downtown Lewes evoke the very definition of a "classic house" in the heart of town. Situated on a quiet, one-way street, this updated home features gorgeous hardwood floors, renovated kitchen with stainless steel appliances & Corian counters, exposed beams, built-ins, spacious bedrooms on the second and third floors, and more. After a day at the bay, relax on the screened porch overlooking the lavishly landscaped backyard with outdoor shower, storage shed, stone patio and walkway. Perfect as a beach retreat or year-round home within walking distance to parks, the bay, brand new library, downtown shopping and dining! Start making your own beach memories today!
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Washer, Washer/Dryer Stacked, Water Heater
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Attic, Ceiling Fan(s), Exposed Beams, Window Treatments
  • Window Features: Screens
  • Fireplace: No
  • Foundation Details: Block, Crawl Space
  • Level Count: 3
  • Levels Count: 3+
  • Room Count: 7
  • Room List: Living Room, Dining Room, Kitchen, Laundry, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1500
  • Living Area Sq Ft: 1500
  • Net Sq Ft: 1500.00
  • Price Per Sq Ft: 333.27
  • Above Grade Finished Sq Ft: 1500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 348

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Wood Siding
  • Construction Completed: Yes
  • Exterior Features: Lawn Sprinkler, Outside Shower, Outbuilding(s), Sidewalks
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Lot Features: Landscaping
  • Lot Size Acres: 0.04
  • Lot Dimensions: 26X83X23X83
  • Lot Size Units: Acres
  • Lot Sq Ft: 1742.00
  • Outdoor Living Structures: Patio(s), Porch(es), Screened
  • Zoning Description: TOWN CODES
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5215363
  • Tax Annual Amount: 608.00
  • Assessor Parcel Number: 335-08.07-177.00
  • County Tax Payment Frequency: Annually
  • Close Date: 10/07/2016

Multi Family

  • Income Expense List: Total Tax Bill

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2016
Closed on
Oct 7, 2016
Sold by
Lamoriello Francine
Bought by
Glackin Maureen and Reinstein Paul J
Seller's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$499,900
Sold Price
$490,000
Premium/Discount to List
-$9,900
-1.98%
Current Estimated Value
$730,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,608
Avg. Annual Appreciation
4.51%
Original Mortgage
$392,000
Outstanding Balance
$314,062
Interest Rate
3.44%
Mortgage Type
New Conventional
Estimated Equity
$416,546
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
Glackin Maureen $490,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glackin Maureen $392,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2016 10/07/16 Sold $490,000 -2.0% $327 / Sq Ft
07/18/2016 07/18/16 Pending -- -- --
07/14/2016 07/14/16 For Sale $499,900 -- $333 / 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 $1,305 $3,800 $1,400 $2,400
2024 $520 $3,800 $1,400 $2,400
2023 $520 $3,800 $1,400 $2,400
2022 $501 $3,800 $1,400 $2,400
2021 $497 $3,800 $1,400 $2,400
2020 $495 $3,800 $1,400 $2,400
2019 $179 $3,800 $1,400 $2,400
2018 $167 $3,800 $0 $0
2017 $160 $3,800 $0 $0
2016 $152 $3,800 $0 $0
2015 $145 $3,800 $0 $0
2014 $144 $3,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001019528

Bright MLS

APN: 335-08.07-177.00