NOT LISTED FOR SALE

402 Kings Hwy Lewes, DE 19958

Estimated Value: $510,272 - $1,238,000

4 Beds
3 Baths
-- Sq Ft
9,365 Sq Ft Lot

Last Sold November 30, 2012

Last sale price $740,000

Est. 33% increase in value since last sale

Current estimated payment $5,352/month

Highlights

  • Wood Burning Stove
  • Wood Flooring
  • Victorian Architecture
  • Lewes Elementary School Rated A
  • Main Floor Bedroom
  • 4-minute walk to Mary Vessels Park

About This Home

As of November 2012

Historic and Gracious Charm meets Picture Perfect In-Town Living! Blend of Traditional Design with Modern Style - Hardwood floors, Exposed Beams, 1st floor bedroom, Sunroom, Wrap-Around Porch, and more! Must see - must buy!

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: 04/05/2012

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: 04/05/2012

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,346

Lot Details

  • Lot Dimensions are 86x101x93x69
  • Partially Fenced Property
  • Landscaped
  • Corner Lot
  • Historic Home

Home Design

  • Victorian Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Stick Built Home
  • Cedar

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • Skylights
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Window Treatments
  • Window Screens
  • Family Room
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Basement

  • Partial Basement
  • Walk-Up Access

Parking

  • Brick Driveway
  • Off-Street Parking

Outdoor Features

  • Outbuilding
  • Wrap Around Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cooling System Utilizes Bottled Gas
  • Heating System Uses Propane
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 335-08.11-77.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,346

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: Yes
  • New Construction: No
  • Remarks Public: Historic and Gracious Charm meets Picture Perfect In-Town Living! Blend of Traditional Design with Modern Style - Hardwood floors, Exposed Beams, 1st floor bedroom, Sunroom, Wrap-Around Porch, and more! Must see - must buy!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Washer, Water Heater
  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Attic, Breakfast Area, Pantry, Entry Level Bedroom, Ceiling Fan(s), Skylight(s), Window Treatments
  • Window Features: Screens
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 12
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Sun/Florida Room, Laundry, Additional Bedroom
  • Basement: Yes
  • Basement Type: Walkout Stairs, Partial
  • Street Number Modifier: 402

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3

Exterior Features

  • Construction Materials: Stick Built, Cedar
  • Construction Completed: Yes
  • Exterior Features: Outbuilding(s)
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Brick Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Wood Burn Stove, Propane, Heat Pump(s), Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

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

Lot Info

  • Fencing: Partially
  • Lot Features: Landscaping
  • Lot Dimensions: 86x101x93x69
  • Outdoor Living Structures: Wrap Around
  • In City Limits: Yes

Rental Info

  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5216205
  • Tax Annual Amount: 1346.00
  • Assessor Parcel Number: 335-08.11-77.00
  • County Tax Payment Frequency: Annually
  • Close Date: 11/30/2012

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2016
Sold by
Reich Christine K and Reich Eugene S
Bought by
Reich Family Living Trust
Current Estimated Value
$986,318

Purchase Details

Closed on
Sep 2, 2016
Sold by
Reich Christine K and Reich Eugene S
Bought by
Reich Family Living Trust

Purchase Details

Listed on
Apr 5, 2012
Closed on
Nov 30, 2012
Sold by
Lee Ann Lee Ann
Bought by
Reich Christine K and Reich Eugene S
Seller's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$740,000
Sold Price
$740,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.25%
Original Mortgage
$417,000
Interest Rate
3.44%
Mortgage Type
Unknown
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
Reich Family Living Trust -- None Available
Reich Family Living Trust -- None Available
Reich Christine K $740,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reich Christine K $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2012 11/30/12 Sold $740,000 0.0% --
10/03/2012 10/03/12 Pending -- -- --
04/05/2012 04/05/12 For Sale $740,000 -- --
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 $2,145 $12,400 $5,550 $6,850
2024 $611 $12,400 $5,550 $6,850
2023 $611 $12,400 $5,550 $6,850
2022 $589 $12,400 $5,550 $6,850
2021 $584 $12,400 $5,550 $6,850
2020 $582 $12,400 $5,550 $6,850
2019 $583 $12,400 $5,550 $6,850
2018 $545 $12,400 $0 $0
2017 $521 $12,400 $0 $0
2016 $495 $12,400 $0 $0
2015 $473 $12,400 $0 $0
2014 $470 $12,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000965284

Bright MLS

APN: 335-08.11-77.00