NOT LISTED FOR SALE

403 E Market St Lewes, DE 19958

Estimated Value: $872,000 - $1,377,000

3 Beds
2 Baths
-- Sq Ft
6,534 Sq Ft Lot

Last Sold December 19, 2014

Last sale price $369,000

Est. 190% increase in value since last sale

Current estimated payment $5,808/month

131 Days on Market

Highlights

  • Deck
  • Rambler Architecture
  • Country Kitchen
  • Lewes Elementary School Rated A
  • No HOA
  • 4-minute walk to Otis Smith Park

About This Home

As of December 2014

Didn't think you could afford in town Lewes, Think Again! This home is located just blocks from the Lewes Beach. Tenant occupied but ready for the next owner to make it theirs. Priced at lot value and sold in as-is condition so fix it up or replace it but either way this is a great opportunity !!

Last Agent to Sell the Property

Dennis Barnes

(302) 227-5000 rehobothde@premiermove.com Coldwell Banker Premier - Rehoboth License #RS-0015032 Listed on: 06/24/2014

Coldwell Banker Premier - Rehoboth

Last Buyer's Agent

Cindy Baker

(302) 645-6661 lewesgal@aol.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002693

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $644

Lot Details

  • 6,534 Sq Ft Lot
  • Cleared Lot
  • Ground Rent of $324 per year

Home Design

  • Rambler Architecture
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Aluminum Siding
  • Modular or Manufactured Materials

Interior Spaces

  • Property has 1 Level
  • Living Room
  • Dining Room
  • Crawl Space

Kitchen

  • Country Kitchen
  • Electric Oven or Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Stone Driveway
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Deck
  • Flood Risk

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 335-04.20-104.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$644

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Rambler, Ranch/Rambler
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Leasehold
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator, Water Heater
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Kitchen - Country
  • Fireplace: No
  • Foundation Details: Block, Crawl Space
  • Level Count: 1
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Additional Bedroom
  • Basement: No

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Construction Materials: Modular/Manufactured, Aluminum Siding
  • Construction Completed: Yes
  • Roof: Shingle, Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 0.15
  • Lot Size Units: Acres
  • Outdoor Living Structures: Deck(s)
  • In City Limits: Yes

Rental Info

  • Ground Rent Amt: 324.00
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Annually
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5213207
  • Tax Annual Amount: 644.00
  • Assessor Parcel Number: 335-04.20-104.00
  • County Tax Payment Frequency: Annually

Multi Family

  • Income Expense List: Annual Ground Rent, Total Tax Bill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2014
Closed on
Dec 19, 2014
Sold by
Usha Usha
Bought by
Marchetti Richard D and Marchetti Constnace Ruth
Seller's Agent
Dennis Barnes
Coldwell Banker Premier - Rehoboth
Buyer's Agent
Cindy Baker
Berkshire Hathaway HomeServices PenFed Realty
List Price
$369,000
Sold Price
$369,000
Current Estimated Value
$1,069,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$700,441
Avg. Annual Appreciation
9.91%

Purchase Details

Listed on
Jun 24, 2014
Closed on
Dec 10, 2014
Bought by
Reddy Usha B
Seller's Agent
Dennis Barnes
Coldwell Banker Premier - Rehoboth
Buyer's Agent
Cindy Baker
Berkshire Hathaway HomeServices PenFed Realty
List Price
$369,000
Sold Price
$369,000
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Marchetti Richard D $369,000 --
Reddy Usha B -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2014 12/19/14 Sold $369,000 0.0% --
11/02/2014 11/02/14 Pending -- -- --
06/24/2014 06/24/14 For Sale $369,000 -- --
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 $2,193 $12,500 $2,800 $9,700
2024 $616 $12,500 $2,800 $9,700
2023 $616 $12,500 $2,800 $9,700
2022 $594 $12,500 $2,800 $9,700
2021 $589 $12,500 $2,800 $9,700
2020 $587 $12,500 $2,800 $9,700
2019 $588 $12,500 $2,800 $9,700
2018 $549 $12,500 $0 $0
2017 $526 $12,500 $0 $0
2016 $499 $12,500 $0 $0
2015 $477 $12,500 $0 $0
2014 $474 $12,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dennis Barnes

    Seller's Agent in 2014

    Dennis Barnes

    Coldwell Banker Premier - Rehoboth

    (302) 227-2726

    2 in this area

    22 Total Sales

    Dennis Barnes
    Section Image
  • Cindy Baker

    Buyer's Agent in 2014

    Cindy Baker

    BHHS PenFed (actual)

    (302) 542-2786

    10 in this area

    30 Total Sales

    Cindy Baker
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000983644

Bright MLS

APN: 335-04.20-104.00

Delaware Sussex County Lewes 19958

403 E Market St, Lewes, DE

Not Listed for Sale

Detached

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