NOT LISTED FOR SALE

401 Kings Hwy Lewes, DE 19958

Estimated Value: $89,174 - $1,799,000

4 Beds
2 Baths
3,342 Sq Ft
$293/Sq Ft Est. Value

Last Sold July 05, 2017

Last sale price $535,000 $160 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $5,332/month

3 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • No HOA
  • Lewes Elementary School Rated A
  • Attic
  • 4-minute walk to Zwaanendsle Park

About This Home

As of July 2017

Built in 1871, the Italianate-style home at reflects the Picturesque Movement in American architecture. The only example of Italianate architecture in Lewes, this historic house features a low profile roof, deep bracketed eaves, pedimented windows, and classical columns. The home still features its original wood floors, a wide "living" foyer, and a walnut grand staircase. Throughout the original house, spacious rooms boast wide moldings at the floor and crown moldings that enhance ceilings 11 ft high. The living room features an intricate plaster cornice and an elaborate plaster-and-wood medallion in the center of the ceiling. The home commands a spacious lot at the prominent corner of Kings Hwy and Washington Street. Listed in the National Register of Historic Places as a contributing property within Lewes' Historic District, this home offers 3,300 square feet of living space.

Last Agent to Sell the Property

Nick Carter

(302) 228-6425 nickcarter@228nick.com Jack Lingo - Lewes License #RA-0002772 Listed on: 06/01/2017

Jack Lingo - Lewes

Co-Listed By

Laurie Draper Carter

(302) 236-6952 laurie@jacklingo.com Jack Lingo - Lewes License #RA-0002772

Last Buyer's Agent

Lee Ann Wilkinson

(302) 278-6726 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,545

Year Built

  • Built in 1871

Lot Details

  • 0.26 Acre Lot
  • Zoning described as TOWN CODES

Home Design

  • Colonial Architecture
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Rubber Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 3,342 Sq Ft Home
  • Property has 3 Levels
  • Dining Room
  • Wood Flooring
  • Electric Oven or Range
  • Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Interior Basement Entry
  • Crawl Space

Utilities

  • Radiator
  • Hot Water Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 335-08.12-41.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,545

Year Built

Built in 1871

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1871
  • Remarks Public: Built in 1871, the Italianate-style home at reflects the Picturesque Movement in American architecture. The only example of Italianate architecture in Lewes, this historic house features a low profile roof, deep bracketed eaves, pedimented windows, and classical columns. The home still features its original wood floors, a wide "living" foyer, and a walnut grand staircase. Throughout the original house, spacious rooms boast wide moldings at the floor and crown moldings that enhance ceilings 11 ft high. The living room features an intricate plaster cornice and an elaborate plaster-and-wood medallion in the center of the ceiling. The home commands a spacious lot at the prominent corner of Kings Hwy and Washington Street. Listed in the National Register of Historic Places as a contributing property within Lewes' Historic District, this home offers 3,300 square feet of living space.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Oven/Range - Electric
  • Flooring Type: Hardwood
  • Interior Amenities: Attic
  • Fireplace: No
  • Foundation Details: Block, Crawl Space
  • Level Count: 3
  • Levels Count: 3+
  • Room Count: 5
  • Room List: Dining Room, Kitchen, Efficiency (Additional), Additional Bedroom
  • Basement: Yes
  • Basement Type: Fully Finished, Interior Access
  • Living Area Units: Square Feet
  • Total Sq Ft: 3342
  • Living Area Sq Ft: 3342
  • Net Sq Ft: 3342.00
  • Price Per Sq Ft: 179.53
  • Above Grade Finished Sq Ft: 3342
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 401

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Wood Siding
  • Construction Completed: Yes
  • Roof: Shingle, Asphalt, Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Heating Type: Hot Water, Radiator
  • Heating: Yes
  • 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 Size Acres: 0.26
  • Lot Size Area: 11127
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11127.00
  • Zoning Description: TOWN CODES
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1545.00
  • Assessor Parcel Number: 335-08.12-41.00
  • County Tax Payment Frequency: Annually
  • Close Date: 07/05/2017

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
Jun 1, 2017
Closed on
Jul 5, 2017
Sold by
Jane W Gott Living Trust
Bought by
Buttaro Gaetano L and Buttaro Karen G
Seller's Agent
Nick Carter
Jack Lingo - Lewes
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$599,999
Sold Price
$535,000
Premium/Discount to List
-$64,999
-10.83%
Current Estimated Value
$978,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$443,294
Avg. Annual Appreciation
7.52%

Purchase Details

Closed on
Jan 7, 2015
Sold by
Jane W Jane W
Bought by
Tolbert Madelle A and Banz Therese M
Source: Public Records

Range of Values:

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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
Buttaro Gaetano L $53,500 None Available
Tolbert Madelle A -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2017 07/05/17 Sold $535,000 -10.8% $160 / Sq Ft
06/04/2017 06/04/17 Pending -- -- --
06/01/2017 06/01/17 For Sale $599,999 -- $180 / 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 $2,425 $20,250 $9,300 $10,950
2024 $998 $20,250 $9,300 $10,950
2023 $997 $20,250 $9,300 $10,950
2022 $962 $20,250 $9,300 $10,950
2021 $954 $20,250 $9,300 $10,950
2020 $951 $20,250 $9,300 $10,950
2019 $952 $20,250 $9,300 $10,950
2018 $889 $20,250 $0 $0
2017 $852 $20,250 $0 $0
2016 $809 $20,250 $0 $0
2015 $773 $20,250 $0 $0
2014 $456 $20,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nick Carter

    Seller's Agent in 2017

    Nick Carter

    Jack Lingo - Lewes

    (302) 228-6425

    26 in this area

    50 Total Sales

    Nick Carter
    Section Image
  • Laurie Draper Carter

    Seller Co-Listing Agent in 2017

    Laurie Draper Carter

    Jack Lingo - Lewes

    (302) 236-6952

    20 in this area

    42 Total Sales

    Laurie Draper Carter
    Section Image
  • Lee Ann Wilkinson

    Buyer's Agent in 2017

    Lee Ann Wilkinson

    BHHS PenFed (actual)

    (302) 278-6726

    1,065 in this area

    1,871 Total Sales

    Lee Ann Wilkinson
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001030208

Bright MLS

APN: 335-08.12-41.00

Delaware Sussex County Lewes 19958

401 Kings Hwy, Lewes, DE

This home is located at 401 Kings Hwy, Lewes, DE 19958 since 01 June 2017 and is currently estimated at $978,294, approximately $292 per square foot. This property was built in 1871. 401 Kings Hwy is a home located in Sussex County with nearby schools including Lewes Elementary School, Mariner Middle School, and Cape Henlopen High School.

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