NOT LISTED FOR SALE

35871 Spinnaker Cir Lewes, DE 19958

Estimated Value: $1,098,000 - $1,259,000

4 Beds
5 Baths
3,000 Sq Ft
$397/Sq Ft Est. Value

Last Sold December 14, 2020

Last sale price $760,000 $253 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $6,648/month

25 Days on Market

Highlights

  • Water Oriented
  • View of Trees or Woods
  • 0.76 Acre Lot
  • Lewes Elementary School Rated A
  • Waterfront
  • Open Floorplan

About This Home

As of December 2020

This classic Wolfe Runne home sits at the end of one of the community's three ponds on a serene, partially treed, landscaped lot. The formal living room with vaulted ceilings, the large family room off the kitchen, and the master bedroom all have stunning pond views. Any cook would love the large kitchen with eat-in dining space, and a three-season porch beyond. The formal dining room is just across from the kitchen on the other side. Besides the large master bedroom with ensuite bath, the first floor has two guest rooms with a jack and Jill bath between them. The stairs near the kitchen lead to a second-floor bedroom with ensuite bath and a large bonus room. The crawlspace has been encapsulated with a dehumidifier that is inspected bi-yearly. Recent updates include natural gas, tankless hot water heater, new refrigerator, and exterior painting. Wolfe Runne is a unique community with 19 acres of common area including the ponds, a community swimming pool with a bathhouse and beautiful landscaping, and tennis courts. Walk or bike easily into downtown Lewes, and the popular Breakwater Junction bike trail to Rehoboth and Cape Henlopen State Park is nearby!

Last Agent to Sell the Property

PATSY CARPENTER

(302) 645-6661 patsy.carpenter@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty Listed on: 09/10/2020

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Dustin Oldfather

(302) 273-4998 ashley.hess@compass.com Compass License #RS-0017091

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,967

Year Built

  • Built in 1994

Lot Details

  • 33,106 Sq Ft Lot
  • Lot Dimensions are 272.00 x 208.00
  • Waterfront
  • Backs To Open Common Area
  • Landscaped
  • Private Lot
  • Partially Wooded Lot
  • Back, Front, and Side Yard
  • Property is zoned AR-1

HOA Fees

  • $117 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 4 Driveway Spaces
  • Side Facing Garage
  • Garage Door Opener
  • Off-Street Parking

Property Views

  • Pond
  • Woods

Home Design

  • Coastal Architecture
  • Rambler Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • Property has 1.5 Levels
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Window Screens
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Sun or Florida Room
  • Crawl Space
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Six Burner Stove
  • Range Hood
  • Microwave
  • Dishwasher
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Water Oriented
  • Property is near a pond
  • Pond
  • Deck
  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Back Up Electric Heat Pump System
  • Tankless Water Heater
  • Gravity Septic Field
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 76
  • Assessor Parcel Number 335-09.00-102.00

Community Details

Overview

  • $1,500 Capital Contribution Fee
  • Association fees include common area maintenance, pool(s), snow removal
  • Wolfe Runne Homeowners Associate HOA
  • Wolfe Runne Subdivision

Amenities

  • Common Area

Recreation

  • Tennis Courts
  • Fenced Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,967

Year Built

Built in 1994

Lot Details

0.76 Acres

HOA Fees

$117 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Ranch/Rambler
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2020-09-10
  • Federal Flood Zone: No
  • Year Built: 1994
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer, Water Heater, Oven/Range - Gas, Water Heater - Tankless, Six Burner Stove, Range Hood
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Attic, Built-Ins, Carpet, Ceiling Fan(s), Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Primary Bath(s), Pantry, Soaking Tub, Upgraded Countertops, Walk-In Closet(s), Wood Floors, Entry Level Bedroom
  • Window Features: Screens
  • Fireplace Features: Fireplace - Glass Doors, Other
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 1.5
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Sun/Florida Room, Laundry, Bathroom 2, Bathroom 3, Bonus Room, Primary Bathroom, Half Bath
  • Basement: No
  • Laundry Type: Main Floor, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 3000
  • Living Area Sq Ft: 3000
  • Price Per Sq Ft: 256.63
  • Above Grade Finished Sq Ft: 3000
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Main Level Bathrooms: 4.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • Exterior Features: Exterior Lighting
  • Roof: Architectural Shingle
  • Spa: No
  • View: Pond, Trees/Woods
  • Water Access: No
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Side Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway, Off Street
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Gravity Sept Fld
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available, Phone Available, Water Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 1400.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Pool - Outdoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Snow Removal
  • HOA Name: WOLFE RUNNE HOMEOWNERS ASSOCIATE
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Fenced, In Ground

Fee Information

  • Capital Contribution Fee: 1500.00

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Features: Backs - Open Common Area, Front Yard, Landscaping, Pond, Rear Yard, Sideyard(s), Private, Partly Wooded
  • Lot Size Acres: 0.76
  • Lot Dimensions: 272.00 x 208.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 33106.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Zoning: AR-1
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5216750
  • School Tax: 2686.00
  • Tax Annual Amount: 2967.00
  • Assessor Parcel Number: 335-09.00-102.00
  • Tax Lot: 76
  • 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
Sep 10, 2020
Closed on
Dec 2, 2020
Sold by
Frank P Merolla Ret
Bought by
Dick James V and Stewart-Douglas Mary
Seller's Agent
PATSY CARPENTER
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Dustin Oldfather
Compass
List Price
$799,900
Sold Price
$760,000
Premium/Discount to List
-$39,900
-4.99%
Current Estimated Value
$1,189,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$429,847
Avg. Annual Appreciation
8.83%
Original Mortgage
$150,000
Outstanding Balance
$133,783
Interest Rate
2.8%
Mortgage Type
Unknown
Estimated Equity
$1,056,064

Purchase Details

Closed on
Nov 9, 2018
Sold by
Merolla Frank P and Merolla Mary E
Bought by
Frank P Merolla Ret

Purchase Details

Closed on
Mar 25, 1999
Bought by
Merolla Frank and Qualified Pe Mary E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dick James V $760,000 None Available
Frank P Merolla Ret -- --
Merolla Frank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dick James V $150,000
Open Dick James V $510,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2020 12/14/20 Sold $760,000 -1.3% $253 / Sq Ft
10/06/2020 10/06/20 Pending -- -- --
09/18/2020 09/18/20 Price Changed $769,900 -3.8% $257 / Sq Ft
09/10/2020 09/10/20 For Sale $799,900 -- $267 / Sq Ft
Source: Bright MLS

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 $2,070 $63,200 $14,050 $49,150
2024 $3,115 $63,200 $14,050 $49,150
2023 $3,112 $63,200 $14,050 $49,150
2022 $3,004 $63,200 $14,050 $49,150
2021 $2,976 $63,200 $14,050 $49,150
2020 $67 $63,200 $14,050 $49,150
2019 $2,571 $63,200 $14,050 $49,150
2018 $2,375 $63,200 $0 $0
2017 $2,658 $63,200 $0 $0
2016 $2,025 $63,200 $0 $0
2015 $1,912 $63,200 $0 $0
2014 $1,895 $63,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU167872

Bright MLS

APN: 335-09.00-102.00

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