NOT LISTED FOR SALE

402 Massachusetts Ave Unit 3 Lewes, DE 19958

Estimated Value: $903,196 - $1,030,000

3 Beds
3.5 Baths
2,437 Sq Ft
2015 Built

Last Sold November 22, 2016

Last sale price $640,000 $263 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,467/month

462 Days on Market

Highlights

  • Built in 2015 | Newly Remodeled
  • Bay View
  • Deck
  • Lewes Elementary School Rated A
  • Craftsman Architecture
  • 2-minute walk to Otis Smith Park

About This Home

As of November 2016

Denniston Place, a beachside retreat of custom garden townhomes steps from Lewes Beach & downtown Lewes. Elegant 3 BR , 3 1/2 bath model with many options and upgrades. French doors open to the four balconies featured on each unit. Private rooftop deck showcase views of the Delaware Bay. The first floor features a single car garage, a foyer from the garden, utility closet, a bathroom with shower, and a work or storage room. The second floor features 9 foot ceilings consisting of open living space with a functional kitchen, powder room, a formal dining area and living room space. The third floor features two bedrooms with 8 1/2 foot ceilings. Unit 3 is move-in ready. A sense of undisturbed tranquility on an intimate residential streetscape with sunrise and sunset views is our goal.

Last Agent to Sell the Property

Carrie Lingo

(302) 645-2207 carrie@jacklingo.com Jack Lingo - Lewes License #RS-0017885 Listed on: 08/18/2015

Jack Lingo - Lewes

Co-Listed By

Murray Padgett

(302) 645-2207 murray@jacklingo.com Jack Lingo - Lewes

Last Buyer's Agent

VINCENT MAVIGLIA

(302) 992-9500 mcguire.shiloh@gmail.com Weichert Realtors Cornerstone

Weichert Realtors Cornerstone

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,855

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • Landscaped
  • Ground Rent expires in 99 years

HOA Fees

  • $330 Monthly HOA Fees

Home Design

  • Craftsman Architecture
  • Coastal Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Slate Roof
  • Tile Roof
  • Stick Built Home

Interior Spaces

  • 2,437 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Bay Views
  • Stacked Washer and Dryer

Kitchen

  • Country Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Cooktop with Range Hood
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

Parking

  • Tuck Under Parking
  • 2 Parking Spaces Included
  • Brick Driveway
  • Assigned Parking

Outdoor Features

  • Balcony
  • Deck
  • Patio

Utilities

  • Zoned Cooling
  • Heat Pump System
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 335-04.20-175.03

Community Details

Overview

  • Association fees include lawn maintenance
  • Low-Rise Condominium
  • Denniston Place Community

Additional Features

  • Fire and Smoke Detector
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,855

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0 Sq Ft Lot

HOA Fees

$330 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal, Craftsman
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Historic: No
  • New Construction: Yes
  • Year Built: 2015
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Oven/Range - Gas, Range Hood, Refrigerator, Washer, Washer/Dryer Stacked, Water Heater - Tankless
  • Entry Floor: 1
  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Breakfast Area, Kitchen - Country, Kitchen - Island, Ceiling Fan(s), Elevator, Skylight(s)
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Level Count: 3
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2437
  • Living Area Sq Ft: 2437
  • Net Sq Ft: 2437.00
  • Price Per Sq Ft: 273.59
  • Above Grade Finished Sq Ft: 2437
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Concrete
  • Construction Completed: Yes
  • Exterior Features: Sidewalks
  • Roof: Slate, Tile
  • View: Bay
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Parking Features: Assigned, Brick Driveway, Paved Driveway, Under Home Parking
  • Number Of Parking Spaces Included: 2-Car Parking
  • Total Garage And Parking Spaces: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Zoned
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Tankless
  • Security: Fire Detection System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 3960.00
  • HOA Condo Co-Op Amenities: Elevator
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance
  • HOA: No
  • Association Recreation Fee: No

Lot Info

  • Lot Features: Landscaping
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony, Deck(s), Patio(s)
  • Zoning Description: AGRICULTURAL/RESIDENTIAL
  • In City Limits: Yes

Building Info

  • Building Features: Elevator

Rental Info

  • Ground Rent Pymnt Freq: Annually
  • Ground Rent Years Remaining: 99
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2855.00
  • Assessor Parcel Number: 335-04.20-175.03
  • County Tax Payment Frequency: Annually

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
Aug 18, 2015
Closed on
Nov 21, 2016
Sold by
Denniston Holdings Inc
Bought by
Byrne Joan E
Seller's Agent
Carrie Lingo
Jack Lingo - Lewes
Buyer's Agent
VINCENT MAVIGLIA
Weichert Realtors Cornerstone
List Price
$696,740
Sold Price
$640,000
Premium/Discount to List
-$56,740
-8.14%
Current Estimated Value
$963,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,049
Avg. Annual Appreciation
4.48%

Purchase Details

Listed on
Aug 18, 2015
Closed on
Nov 17, 2016
Sold by
Denniston Holdings Inc
Bought by
Byrne Joan E
Seller's Agent
Carrie Lingo
Jack Lingo - Lewes
Buyer's Agent
VINCENT MAVIGLIA
Weichert Realtors Cornerstone
List Price
$696,740
Sold Price
$640,000
Premium/Discount to List
-$56,740
-8.14%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Byrne Joan E $640,000 None Available
Byrne Joan E $640,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2016 11/22/16 Sold $640,000 -8.1% $263 / Sq Ft
11/22/2016 11/22/16 Pending -- -- --
08/18/2015 08/18/15 For Sale $696,740 -- $286 / 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 $852 $39,850 $0 $39,850
2024 $1,711 $39,850 $0 $39,850
2023 $1,709 $39,850 $0 $39,850
2022 $1,632 $39,850 $0 $39,850
2021 $1,712 $39,850 $0 $39,850
2020 $1,706 $39,850 $0 $39,850
2019 $2,109 $39,850 $0 $39,850
2018 $1,970 $44,850 $0 $0
2017 $1,886 $44,850 $0 $0
2016 $1,792 $44,850 $0 $0
2015 -- $44,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001009486

Bright MLS

APN: 335-04.20-174.00-3

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