NOT LISTED FOR SALE

40 Lakeshore Dr Lewes, DE 19958

Estimated Value: $359,000 - $378,000

3 Beds
2 Baths
1,200 Sq Ft
$308/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $310,000 $258 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,099/month

33 Days on Market

Highlights

  • Private Lot
  • Rambler Architecture
  • Wood Fence
  • Love Creek Elementary School Rated A
  • Forced Air Heating and Cooling System
  • Wood Burning Fireplace

About This Home

As of May 2022

One of the lowest priced single family homes with a Lewes address! This 3 bedroom, 2 bath home is in turn key, move in condition & located a short distance from shopping, beautiful Delaware beaches & all southern Delaware has to offer. After a day at the beach, settle back in the cozy living room in front of the wood burning fireplace or enjoy a BBQ in the private fenced back yard! Whether you're looking for a vacation retreat or your forever home, this charming home in Lewes, Delaware will not disappoint!

Last Agent to Sell the Property

David Green

(302) 227-6767 justin.healy@msir.net Monument Sotheby's International Realty License #RS-0014032 Listed on: 03/04/2022

Monument Sotheby's International Realty

Co-Listed By

Dale Brown

(302) 601-4171 dale.brown@oasir.net NextHome Tomorrow Realty License #RS-0017270

Last Buyer's Agent

Vince DiPietro

(302) 703-1144 vincedipietro@northroprealty.com Northrop Realty License #RS-0026203

Northrop Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $645

Year Built

  • Built in 2000

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 75.00 x 150.00
  • Wood Fence
  • Private Lot
  • Cleared Lot
  • Back Yard
  • Property is zoned AR1

HOA Fees

  • $19 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • Property has 1 Level
  • Wood Burning Fireplace
  • Crawl Space

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Beacon Elementary And Middle School
  • Cape Henlopen High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Gravity Septic Field

Community Details

  • Lochwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 234-11.00-417.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$645

Year Built

Built in 2000

Lot Details

0.25 Acres

HOA Fees

$19 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2000
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Carpet, Vinyl
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block, Crawl Space
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Price Per Sq Ft: 258.33
  • Above Grade Finished Sq Ft: 1200
  • 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, Vinyl Siding
  • Roof: Asphalt
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Gravity Sept Fld
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 225.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Wood
  • Lot Features: Cleared, Private, Rear Yard
  • Lot Size Acres: 0.25
  • Lot Dimensions: 75.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10890.00
  • Zoning: AR1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5148182
  • School Tax: 584.00
  • Tax Annual Amount: 645.00
  • Assessor Parcel Number: 234-11.00-417.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2022
Closed on
May 20, 2022
Sold by
Ross Cunningham Casey
Bought by
Gilronan Dawn T
Seller's Agent
David Green
Monument Sotheby's International Realty
Buyer's Agent
Vince DiPietro
Northrop Realty
List Price
$349,900
Sold Price
$310,000
Premium/Discount to List
-$39,900
-11.4%
Current Estimated Value
$369,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,823
Avg. Annual Appreciation
4.73%
Original Mortgage
$248,000
Outstanding Balance
$235,595
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$134,228

Purchase Details

Closed on
Dec 19, 2016
Sold by
Cunningham Ashley Troutner
Bought by
Cunningham Casey Ross
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
Gilronan Dawn T $310,000 Hudson Jones Jaywork & Fisher
Cunningham Casey Ross -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilronan Dawn T $248,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2022 05/27/22 Sold $310,000 0.0% $258 / Sq Ft
04/05/2022 04/05/22 Price Changed $310,000 -4.6% $258 / Sq Ft
03/16/2022 03/16/22 Price Changed $325,000 -7.1% $271 / Sq Ft
03/04/2022 03/04/22 For Sale $349,900 -- $292 / 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 $1,622 $13,700 $1,500 $12,200
2024 $919 $13,700 $1,500 $12,200
2023 $921 $13,700 $1,500 $12,200
2022 $896 $13,700 $1,500 $12,200
2021 $890 $13,700 $1,500 $12,200
2020 $891 $13,700 $1,500 $12,200
2019 $890 $13,700 $1,500 $12,200
2018 $848 $13,700 $0 $0
2017 $823 $13,700 $0 $0
2016 $795 $13,700 $0 $0
2015 $773 $13,700 $0 $0
2014 $768 $13,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2017446

Bright MLS

APN: 234-11.00-417.00

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