NOT LISTED FOR SALE

413 Virden Way Unit 7 Lewes, DE 19958

Estimated Value: $646,392 - $2,961,000

0.25 Acre
$7,381,392 Price per Acre
10,890 Sq Ft Lot

Last Sold July 10, 2020

Last sale price $500,000

Est. 269% increase in value since last sale

Current estimated payment $10,113/month

29 Days on Market

Highlights

  • Backs to Trees or Woods
  • Lewes Elementary School Rated A
  • Corner Lot

About This Lot

As of July 2020

Lot 7 in Mariners' Retreat is a cleared .25-acre lot which backs to a wooded area. The property's custom-home plans are available for review and have been approved by both the HOA and the City of Lewes. Mariners' Retreat is a luxury single-family home community consisting of 34 homesites. Located along 4th Street in the heart of Lewes, this community is less than a quarter of a mile from 2nd Street's popular restaurants and shops as well as from the Lewes-Rehoboth Canal. Moreover, it lies within two miles of Lewes Beach and Cape Henlopen State Park. Every amenity Lewes has to offer is at your fingertips! Separated by scenic wooded wetlands yet connected by a serene walking trail, three peaceful cul-de-sacs make up Mariners' Retreat's exceptional site plan. By perfectly marrying tranquility and convenience, this community will soon become the most sought-after in Lewes. Lot 7 offers an excellent opportunity to purchase in an active market with a limited supply of building lots.

Last Agent to Sell the Property

Carrie Lingo

(302) 500-0825 carrie@jacklingo.com Jack Lingo - Lewes License #RS-0017885 Listed on: 04/17/2020

Jack Lingo - Lewes

Last Buyer's Agent

Bryce Lingo

(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746

Jack Lingo - Rehoboth

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $425

Lot Details

  • 0.25 Acre Lot
  • Corner Lot
  • Cleared Lot
  • Backs to Trees or Woods
  • Property is zoned TN

HOA Fees

  • $60 Monthly HOA Fees

Location

  • Flood Risk

Community Details

  • Association fees include management
  • Mariners Retreat Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 335-08.07-350.00

Property Details

Property Type

Land

Est. Annual Taxes

$425

Lot Details

0

HOA Fees

$60 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Current Use: Vacant
  • New Construction: No
  • Federal Flood Zone: Yes
  • Remarks Public: Lot 7 in Mariners' Retreat is a cleared .25-acre lot which backs to a wooded area. The property's custom-home plans are available for review and have been approved by both the HOA and the City of Lewes. Mariners' Retreat is a luxury single-family home community consisting of 34 homesites. Located along 4th Street in the heart of Lewes, this community is less than a quarter of a mile from 2nd Street's popular restaurants and shops as well as from the Lewes-Rehoboth Canal. Moreover, it lies within two miles of Lewes Beach and Cape Henlopen State Park. Every amenity Lewes has to offer is at your fingertips! Separated by scenic wooded wetlands yet connected by a serene walking trail, three peaceful cul-de-sacs make up Mariners' Retreat's exceptional site plan. By perfectly marrying tranquility and convenience, this community will soon become the most sought-after in Lewes. Lot 7 offers an excellent opportunity to purchase in an active market with a limited supply of building lots.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 47.20
  • Street Number Modifier: 413

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 720.00
  • HOA Fee Frequency: Annually
  • HOA Condo Co-Op Fee Includes: Management
  • HOA: Yes

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Use Code: RV
  • Lot Features: Cleared, Corner, Backs To Trees
  • Lot Size Acres: 0.25
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10890.00
  • Year Assessed: 2019
  • Zoning: TN
  • Farmland Preservation: No
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 425.00
  • Assessor Parcel Number: 335-08.07-350.00
  • Tax Lot: 7
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/10/2020

Multi Family

  • Federal Flood Zone: X

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2024
Sold by
Hilkert Ann L
Bought by
Nineteen Real Estate Llc
Current Estimated Value
$1,845,348

Purchase Details

Listed on
Apr 17, 2020
Closed on
Jul 9, 2020
Sold by
Stephan Heidenberger Ret
Bought by
Bross Jeffrey M and Hilkert Ann L
Seller's Agent
Carrie Lingo
Jack Lingo - Lewes
Buyer's Agent
Bryce Lingo
Jack Lingo - Rehoboth
List Price
$514,000
Sold Price
$500,000
Premium/Discount to List
-$14,000
-2.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.94%

Purchase Details

Listed on
Jul 14, 2018
Closed on
Dec 13, 2019
Sold by
Olde Town Ventures Llc
Bought by
Stephan Heidenberger Ret
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Carrie Lingo
Jack Lingo - Lewes
List Price
$429,900
Sold Price
$504,900
Premium/Discount to List
$75,000
17.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.67%
Source: Public Records

Range of Values:

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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
Nineteen Real Estate Llc -- None Listed On Document
Bross Jeffrey M $500,000 None Available
Stephan Heidenberger Ret $504,900 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/10/2020 07/10/20 Sold $500,000 -2.7% --
04/17/2020 04/17/20 For Sale $514,000 +1.8% --
12/13/2019 12/13/19 Sold $504,900 0.0% -- View Prior Sale
10/25/2019 10/25/19 Pending -- -- --
08/07/2019 08/07/19 Price Changed $504,900 +17.4% --
07/14/2018 07/14/18 For Sale $429,900 -- --
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 $4,494 $0 $0 $0
2024 $2,641 $0 $0 $0
2023 $2,639 $0 $0 $0
2022 $2,549 $0 $0 $0
2021 $2,526 $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

  • Carrie Lingo

    Seller's Agent in 2020

    Carrie Lingo

    Jack Lingo - Lewes

    (302) 500-0825

    527 in this area

    848 Total Sales

    Carrie Lingo
    Section Image
  • Bryce Lingo

    Buyer's Agent in 2020

    Bryce Lingo

    Jack Lingo - Rehoboth

    (302) 226-6417

    89 in this area

    334 Total Sales

    Bryce Lingo
    Section Image
  • Shaun Tull

    Buyer Co-Listing Agent in 2020

    Shaun Tull

    Jack Lingo - Rehoboth

    (302) 226-6417

    47 in this area

    272 Total Sales

    Shaun Tull
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU159748

Bright MLS

APN: 3350807035000

Delaware Sussex County Lewes 19958

413 Virden Way Unit 7, Lewes, DE

This home is located at 413 Virden Way Unit 7, Lewes, DE 19958 since 17 April 2020 and is currently estimated at $1,845,348. 413 Virden Way Unit 7 is a home located in Sussex County with nearby schools including Lewes Elementary School, Mariner Middle School, and Cape Henlopen High School.

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