NOT LISTED FOR SALE

402 Virden Way Lewes, DE 19958

Estimated Value: $1,214,000 - $1,854,399

4 Beds
4.5 Baths
3,193 Sq Ft
$509/Sq Ft Est. Value

Last Sold October 28, 2021

Last sale price $1,500,000 $470 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $8,862/month

708 Days on Market

Highlights

  • New Construction
  • Gourmet Kitchen
  • Coastal Architecture
  • Lewes Elementary School Rated A
  • Open Floorplan
  • 4-minute walk to Lewes Unleashed

About This Home

As of October 2021

Rare opportunity to build in the town of Lewes on a larger sized in-town lot! This spacious open floorplan, the Virden, offers 4 bedrooms, 4.5 baths, oversized screened porch, detached garage and much more. The home is under construction with a well-known local builder and offers high end finishes and great attention to detail. This small community of homes provides the chance to enjoy the in-town life-style with the ease and low maintenance of new construction. All public utilities available, including natural gas. Walk to restaurants, shopping, farmers market and the Lewes canal. Centrally located near Lewes Beach, Cape Henlopen State Park, several scenic bike trails and a public marina nearby. List price, building plan and all specifications are subject to change without notice.

Last Agent to Sell the Property

Bryce Lingo

(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 06/21/2019

Jack Lingo - Rehoboth

Co-Listed By

Shaun Tull

(302) 226-6417 shaun@rbre.com Jack Lingo - Rehoboth License #RS-0016284

Last Buyer's Agent

Bryce Lingo

(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 06/21/2019

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $425

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 10,364 Sq Ft Lot
  • Partially Fenced Property
  • Wood Fence
  • No Through Street
  • Property is zoned TOWN CODE

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Metal Roof
  • HardiePlank Type

Interior Spaces

  • 3,193 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Sliding Doors

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Outdoor Features

  • Deck
  • Screened Patio
  • Porch

Schools

  • Lewes Elementary School
  • Mariner Middle School
  • Cape Henlopen High School

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater
  • Natural Gas Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 335-08.07-363.00

Community Details

Overview

  • $1,000 Capital Contribution Fee
  • Association fees include common area maintenance
  • Built by Burton Builder
  • Mariners Retreat Subdivision, Virden Floorplan

Amenities

  • Common Area

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$425

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$60 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2021
  • Automatically Close On Close Date: No
  • Remarks Public: Rare opportunity to build in the town of Lewes on a larger sized in-town lot! This spacious open floorplan, the Virden, offers 4 bedrooms, 4.5 baths, oversized screened porch, detached garage and much more. The home is under construction with a well-known local builder and offers high end finishes and great attention to detail. This small community of homes provides the chance to enjoy the in-town life-style with the ease and low maintenance of new construction. All public utilities available, including natural gas. Walk to restaurants, shopping, farmers market and the Lewes canal. Centrally located near Lewes Beach, Cape Henlopen State Park, several scenic bike trails and a public marina nearby. List price, building plan and all specifications are subject to change without notice.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Dishwasher, Dryer - Electric, Microwave, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Six Burner Stove, Washer, Water Heater - Tankless
  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Built-Ins, Entry Level Bedroom, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Bathroom - Tub Shower, Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Wall Ceiling Types: High
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Bedroom 2
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 3193
  • Living Area Sq Ft: 3193
  • Price Per Sq Ft: 485.12
  • Above Grade Finished Sq Ft: 3193
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 402

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Hardiplank Type
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Architectural Shingle, Metal
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Natural Gas Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 720.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Bike Trail
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 1000.00

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: LEWES
  • Middle School: MARINER
  • High School: CAPE HENLOPEN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: Listing Agent
  • Elementary School: LEWES
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: MARINER

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Partially, Wood
  • Lot Features: No Thru Street
  • Lot Size Acres: 0.24
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10364.00
  • Outdoor Living Structures: Porch(es), Screened, Deck(s)
  • Zoning: TOWN CODE
  • In City Limits: Yes

Building Info

  • Builder Name: Burton Builder

Rental Info

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

Tax Info

  • Tax Annual Amount: 425.00
  • Assessor Parcel Number: 335-08.07-363.00
  • County Tax Payment Frequency: Annually
  • Close Date: 10/28/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2019
Closed on
Oct 25, 2021
Sold by
Olde Town Ventures Llc
Bought by
Donohue Holdings Llc
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Bryce Lingo
Jack Lingo - Rehoboth
List Price
$1,099,000
Sold Price
$1,500,000
Premium/Discount to List
$401,000
36.49%
Current Estimated Value
$1,624,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,100
Avg. Annual Appreciation
2.01%
Source: Public Records

Range of Values:

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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
Donohue Holdings Llc $1,500,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2021 10/28/21 Sold $1,500,000 -3.2% $470 / Sq Ft
04/26/2021 04/26/21 Price Changed $1,549,000 -6.1% $485 / Sq Ft
04/26/2021 04/26/21 Price Changed $1,649,000 +6.5% $516 / Sq Ft
03/22/2021 03/22/21 Price Changed $1,549,000 +4.4% $485 / Sq Ft
12/10/2020 12/10/20 Price Changed $1,484,000 +7.1% $465 / Sq Ft
08/04/2020 08/04/20 Price Changed $1,385,000 +18.8% $434 / Sq Ft
05/25/2020 05/25/20 Price Changed $1,166,000 +6.1% $365 / Sq Ft
06/21/2019 06/21/19 For Sale $1,099,000 -- $344 / 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 $3,424 $0 $0 $0
2024 $2,402 $0 $0 $0
2023 $2,400 $0 $0 $0
2022 $2,318 $0 $0 $0
2021 $2,297 $0 $0 $0
2020 $298 $0 $0 $0
2019 $235 $0 $0 $0
2018 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU142786

Bright MLS

APN: 3350807036300