NOT LISTED FOR SALE

406 E Market St Lewes, DE 19958

Estimated Value: $1,123,153

1 Bed
1.5 Baths
1,575 Sq Ft
$713/Sq Ft Est. Value

Sale Details

Date Sold: June 10, 2021

Last sale price $769,000 $488 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $6,196 / mo

Highlights

  • Water Oriented
  • Waterfront
  • Canal View
  • Lewes Elementary School Rated A
  • Open Floorplan
  • 5-minute walk to Otis Smith Park

About This Home

As of June 2021

If these walls could talk... As legend has it, this home was one of Miss Lil's orderly "disorderly" houses of pleasure in the early 1900's. Completely renovated in 2012, this peaceful retreat pays homage to the charming details of yesteryear with today's modern updates seamlessly woven in. Featuring original heart pine hardwood floors, pine paneling, built-ins, an updated kitchen, sun room, office nook, outdoor shower and a charming shell fireplace surround. Lovingly maintained & updated but being offered in "as is" condition. Seller to provide a 1 year home warranty.

Last Agent to Sell the Property

DEBBIE REED

(302) 227-4800 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 04/29/2021

RE/MAX Realty Group Rehoboth

Last Buyer's Agent

DEBBIE REED

(302) 227-4800 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 04/29/2021

RE/MAX Realty Group Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,034

Year Built

  • Built in 1924 | Remodeled in 2012

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 60.00 x 100.00
  • Waterfront
  • Land Lease expires in 52 years
  • Property is in very good condition
  • Property is zoned TN

Home Design

  • Coastal Architecture
  • Cottage
  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,575 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Built-In Features
  • Beamed Ceilings
  • Ceiling Fan
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Loft
  • Sun or Florida Room
  • Canal Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 1 Main Level Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 5 Parking Spaces
  • 5 Driveway Spaces
  • Circular Driveway

Outdoor Features

  • Water Oriented
  • Property is near a canal
  • Deck

Location

  • Flood Risk

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Wall Furnace
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Lewes Beach Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 335-04.20-93.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,034

Year Built

Built in 1924 | Remodeled in 2012

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Cottage
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Land Lease
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1924
  • Year Renovated: 2012
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Washer, Water Heater
  • Flooring Type: Hardwood, Vinyl, Laminated
  • Interior Amenities: Built-Ins, Ceiling Fan(s), Entry Level Bedroom, Exposed Beams, Floor Plan - Open, Kitchen - Eat-In, Upgraded Countertops, Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Sun/Florida Room, Loft, Primary Bathroom
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1575
  • Living Area Sq Ft: 1575
  • Price Per Sq Ft: 488.25
  • Above Grade Finished Sq Ft: 1575
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding
  • Roof: Architectural Shingle, Metal
  • View: Canal
  • Water Access: No
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Circular Driveway
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 5

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Wall Unit, Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Forced Air, Wall Unit
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Lease Amt Freq: Annually
  • Land Lease Years Remaining: 52
  • Lot Size Acres: 0.13
  • Lot Dimensions: 60.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5663.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5213488
  • School Tax: 465.00
  • Tax Annual Amount: 1034.00
  • Assessor Parcel Number: 335-04.20-93.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: CAPE HENLOPEN
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/10/2021 06/10/21 Sold $769,000 0.0% $488 / Sq Ft
04/29/2021 04/29/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $769,000 -- $488 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,985 $10,950 $3,000 $7,950
2024 $540 $10,950 $3,000 $7,950
2023 $539 $10,950 $3,000 $7,950
2022 $520 $10,950 $3,000 $7,950
2021 $516 $10,950 $3,000 $7,950
2020 $296 $10,950 $3,000 $7,950
2019 $515 $10,950 $3,000 $7,950
2018 $0 $10,950 $0 $0
2017 $460 $10,950 $0 $0
2016 $261 $10,950 $0 $0
2015 $171 $10,950 $0 $0
2014 $168 $7,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • DEBBIE REED

    Seller's Agent in 2021

    DEBBIE REED

    RE/MAX

    (302) 227-3818

    742 Total Sales

    DEBBIE REED
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Map

Source: Bright MLS

MLS Number: DESU181480

Bright MLS

APN: 335-04.20-93.00

Delaware Sussex County Lewes 19958

406 E Market St, Lewes, DE

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