NOT LISTED FOR SALE

41 Lake Shore Dr Lewes, DE 19958

Estimated Value: $450,000 - $499,490

3 Beds
2 Baths
1,640 Sq Ft
$286/Sq Ft Est. Value

Last Sold March 08, 2024

Last sale price $429,900 $262 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,627/month

96 Days on Market

Highlights

  • 80 Feet of Waterfront
  • Access to Tidal Water
  • Pond View
  • Love Creek Elementary School Rated A
  • New Construction
  • Open Floorplan

About This Home

As of March 2024

WATERFRONT - MOVE-IN READY NEW CONSTRUCTION* - Immediate Delivery! This popular open concept floor plan has the living room, dining area, and kitchen all adjoining for an extra spacious feeling. The home features luxury vinyl plank flooring throughout for a crisp, contemporary look. You are going to love the solid-surface quartz counters & glass-tile backsplash in the kitchen. Stainless steel appliance package includes a dishwasher, smooth-top range, built-in microwave & a fridge with ice maker. There's a walk-in pantry & a "Butler's Pantry" area for extra counter space and cabinets. Side-by-side washer and dryer in the hall by the garage pedestrian door. Desirable split bedroom plan. The main bedroom has a generously sized walk-in closet and its own private bath with a quartz-topped, double-sink vanity & a "curb-less" 4'x5' tiled shower with glass enclosure. The other two bedrooms are nicely sized and share the full bath in the hall, which also has a solid-surface sink vanity. Large hall closet in the entryway foyer. 12'x16' backyard deck is perfect for entertaining and BBQ'ing & it offers beautiful views of Burton's Pond. The Builder uses spray foam insulation for better energy efficiency & spray foam offers a conditioning element to the crawlspace. Insulated & drywalled 22'x20' garage. On-site wastewater treatment and disposal system is a DNREC-approved holding tank: Lochwood is in the Sussex County near-term sewer district, so there will be future utility connection fees, along with routine septic maintenance costs until then (check the HOA web site for County updates on the sewer project: www.lochwoodpoa.com/p/Sewer-System-Updates or call the County Utility Planning Department). Lot is approx. 1/3 acre for just the right amount of yard space. Only 10 miles to the Rehoboth Beach boardwalk. Close to the Long Neck marinas, too. (*Taxes are an estimate.) Seller is a real estate licensee.

Last Agent to Sell the Property

LINDA BOVA

(302) 542-4197 RealEstate@SEABOVA.com SEA BOVA ASSOCIATES INC. License #RB-0003161 Listed on: 10/19/2023

Co-Listed By

BRIDGET BAUER

(302) 227-1222 bridget@seabova.com SEA BOVA ASSOCIATES INC. License #RA-0003323

Last Buyer's Agent

Tammie Golden

(302) 521-1756 tammiegolden@comcast.net Tesla Realty Group, LLC License #RS-0013628

Tesla Realty Group, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,200

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 75 x 55 x 80 x 185
  • 80 Feet of Waterfront
  • Home fronts navigable water
  • Partially Wooded Lot
  • Backs to Trees or Woods
  • Property is in excellent condition
  • Property is zoned MR, Medium Residential

HOA Fees

  • $24 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Rambler Architecture
  • Frame Construction
  • Spray Foam Insulation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,640 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows
  • Insulated Windows
  • Sliding Doors
  • Insulated Doors
  • Entrance Foyer
  • Great Room
  • Dining Room
  • Pond Views
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Dryer
  • Washer

Outdoor Features

  • Access to Tidal Water
  • Private Water Access
  • Property is near a pond
  • Pond
  • Deck
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • 220 Volts
  • 200+ Amp Service
  • Electric Water Heater
  • Public Hookup Available For Sewer
  • Sewer Holding Tank

Additional Features

  • More Than Two Accessible Exits
  • Flood Risk

Community Details

  • $150 Capital Contribution Fee
  • Association fees include common area maintenance, road maintenance
  • Lochwood Prop Owners Assoc (Gail Tarlecki) HOA
  • Built by Superior Homes, LLC
  • Lochwood Subdivision, The Maria Floorplan

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 234-11.00-269.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,200

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$24 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: Yes
  • Story List: Main
  • Expected On Market: 2023-10-28
  • Federal Flood Zone: Yes
  • Year Built: 2023
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer - Electric, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Luxury Vinyl Plank, Ceramic Tile
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Floor Plan - Open, Pantry, Primary Bath(s), Stall Shower, Tub Shower, Walk-In Closet(s)
  • Window Features: Double Pane, Insulated, Low-E
  • Fireplace: No
  • Door Features: Insulated, Sliding Glass
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Foyer, Great Room, Laundry, Bathroom 2, Primary Bathroom
  • Basement: No
  • Laundry Type: Dryer In Unit, Has Laundry, Main Floor, Washer In Unit
  • Total Sq Ft: 1640
  • Living Area Sq Ft: 1640
  • Price Per Sq Ft: 262.13
  • Above Grade Finished Sq Ft: 1640
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Frame, Stick Built, Spray Foam Insulation
  • Construction Completed: Yes
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • Spa: No
  • View: Pond
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Name: Burton's Pond
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 80

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Electric Service: 220 Volts, 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Holding Tank, Public Hook/Up Avail
  • Water Source: Public
  • Municipal Trash: No
  • Internet Services: Cable, Fiber Optic, Satellite

Condo/Co-op/Association

  • HOA Fees: 290.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Road Maintenance
  • HOA Name: LOCHWOOD PROP OWNERS ASSOC (GAIL TARLECKI)
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 150.00

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Features: Backs To Trees, Partly Wooded
  • Lot Size Acres: 0.29
  • Lot Dimensions: 75 x 55 x 80 x 185
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12750.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Excellent
  • Zoning: MR
  • Zoning Description: Medium Residential
  • In City Limits: No

Building Info

  • Builder Name: Superior Homes, LLC

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Multi Family

  • Federal Flood Zone: X and AE

Tax Info

  • Tax Annual Amount: 1200.00
  • Assessor Parcel Number: 234-11.00-269.00
  • Tax Lot: 13
  • Tax Year: 2023

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2023
Closed on
Mar 8, 2024
Sold by
Beaver Dam Enterprises Lc
Bought by
Farrell Guy A and Farrell Victoria
Seller's Agent
LINDA BOVA
SEA BOVA ASSOCIATES INC.
Buyer's Agent
Tammie Golden
Tesla Realty Group, LLC
List Price
$429,900
Sold Price
$429,900
Views
390
Current Estimated Value
$469,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,473
Avg. Annual Appreciation
5.06%
Original Mortgage
$444,086
Outstanding Balance
$436,782
Interest Rate
6.69%
Mortgage Type
Construction
Estimated Equity
$32,591

Purchase Details

Listed on
Sep 1, 2022
Closed on
Jun 8, 2023
Sold by
Cappuccino Theresa
Bought by
Beaver Dam Enterprises Llc
Seller's Agent
Theresa Cappuccino
SEA BOVA ASSOCIATES INC.
Buyer's Agent
LINDA BOVA
SEA BOVA ASSOCIATES INC.
List Price
$175,000
Sold Price
$128,000
Premium/Discount to List
-$47,000
-26.86%
Views
397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
402.97%

Purchase Details

Closed on
Mar 24, 2021
Sold by
Brittngham Gary
Bought by
Cappuccino Theresa
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
Farrell Guy A $429,900 None Listed On Document
Beaver Dam Enterprises Llc $128,000 None Listed On Document
Cappuccino Theresa $58,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farrell Guy A $444,086
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/08/2024 03/08/24 Sold $429,900 0.0% $262 / Sq Ft
01/23/2024 01/23/24 Pending -- -- --
10/19/2023 10/19/23 For Sale $429,900 +235.9% $262 / Sq Ft
06/08/2023 06/08/23 Sold $128,000 -7.9% -- View Prior Sale
05/20/2023 05/20/23 Pending -- -- --
04/23/2023 04/23/23 Price Changed $139,000 -2.7% --
01/22/2023 01/22/23 Price Changed $142,900 -4.7% --
01/02/2023 01/02/23 Price Changed $149,900 -3.6% --
10/21/2022 10/21/22 Price Changed $155,500 -2.2% --
09/28/2022 09/28/22 Price Changed $159,000 -9.1% --
09/01/2022 09/01/22 For Sale $175,000 -- --
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 $1,609 $1,550 $1,550 $0
2024 $1,006 $1,550 $1,550 $0
2023 $76 $1,550 $1,550 $0
2022 $74 $1,550 $1,550 $0
2021 $73 $1,550 $1,550 $0
2020 $298 $1,550 $1,550 $0
2019 $298 $1,550 $1,550 $0
2018 $294 $1,550 $0 $0
2017 $291 $1,550 $0 $0
2016 $287 $1,550 $0 $0
2015 $285 $1,550 $0 $0
2014 $284 $1,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2049050

Bright MLS

APN: 234-11.00-269.00