NOT LISTED FOR SALE

418 Burton Ave Lewes, DE 19958

Estimated Value: $910,000 - $1,479,000

0.2 Acre
$5,944,840 Price per Acre
8,799 Sq Ft Lot

Last Sold September 19, 2019

Last sale price $390,000

Est. 205% increase in value since last sale

Current estimated payment $6,434/month

9 Days on Market

About This Lot

As of September 2019

LARGE IN-TOWN LEWES LOT! LOT CAN HAVE A POOL AND HOME, OR HOME AND DETACHED GARAGE OR OTHER STRUCTURE IN BACK! Seize a prime opportunity to build your brand-new dream home on this huge, in-town Lewes lot with NO HOA dues or HOA building restrictions! This rare find is situated just outside the Historic District and only a short stroll to the Lewes-Rehoboth Canal, shopping, dining and scenic parks of Historic Lewes. Great opportunity - lot can accommodate a home and a pool. Start planning your pool parties now!

Last Agent to Sell the Property

Lee Ann Wilkinson

(302) 278-6726 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064 Listed on: 07/10/2019

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Lee Ann Wilkinson

(302) 278-6726 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064 Listed on: 07/10/2019

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $608

Lot Details

  • 8,799 Sq Ft Lot
  • Lot Dimensions are 44.00 x 200.00
  • Cleared Lot

Utilities

  • Water Tap or Transfer Fee
  • Public Hookup Available For Sewer
  • Sewer Tap Fee

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 335-08.07-29.00

Property Details

Property Type

Land

Est. Annual Taxes

$608

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Federal Flood Zone: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 45.45

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • 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 Hook/Up Avail, Sewer Tap Fee
  • Water Source: Public Hook-Up Available, Tap Fee

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Features: Cleared
  • Lot Size Acres: 0.20
  • Lot Dimensions: 44.00 x 200.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8799.00
  • Zoning: Q
  • Farmland Preservation: No
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5215518
  • School Tax: 322.00
  • Tax Annual Amount: 608.00
  • Assessor Parcel Number: 335-08.07-29.00
  • Tax Lot: 3
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2020
Sold by
Sopb Exchangors Llc
Bought by
C J Carapellucci Ret
Current Estimated Value
$1,188,968

Purchase Details

Listed on
Jul 10, 2019
Closed on
Sep 6, 2019
Sold by
Carulli Christopher H and Carulli Patricia M
Bought by
Sopb Exhangors Llc
Seller's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$399,900
Sold Price
$390,000
Premium/Discount to List
-$9,900
-2.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.26%

Purchase Details

Closed on
Jun 28, 2016
Sold by
The Evergreene Companies Llc
Bought by
Carulli Christopher H and Carulli Patricia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Listed on
Mar 31, 2014
Closed on
Apr 15, 2015
Sold by
Tecola Tecola
Bought by
The Evergreene Companies Llc
Seller's Agent
Richard Bryan
Delaware Coastal Realty
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$800,000
Sold Price
$800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.78%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
C J Carapellucci Ret -- None Available
Sopb Exhangors Llc $390,000 --
Carulli Christopher H $370,000 None Available
The Evergreene Companies Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carulli Christopher H $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/19/2019 09/19/19 Sold $390,000 -2.5% --
07/19/2019 07/19/19 Pending -- -- --
07/10/2019 07/10/19 For Sale $399,900 -50.0% --
05/19/2015 05/19/15 Sold $800,000 0.0% -- View Prior Sale
11/18/2014 11/18/14 Pending -- -- --
03/31/2014 03/31/14 For Sale $800,000 -- --
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 $2,606 $8,150 $1,400 $6,750
2024 $402 $8,150 $1,400 $6,750
2023 $401 $8,150 $1,400 $6,750
2022 $387 $8,150 $1,400 $6,750
2021 $383 $8,150 $1,400 $6,750
2020 $383 $8,150 $1,400 $6,750
2019 $383 $8,150 $1,400 $6,750
2018 $358 $8,150 $0 $0
2017 $343 $8,150 $0 $0
2016 $326 $8,150 $0 $0
2015 $410 $10,750 $0 $0
2014 $407 $10,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lee Ann Wilkinson

    Seller's Agent in 2019

    Lee Ann Wilkinson

    BHHS PenFed (actual)

    (302) 278-6726

    1,021 in this area

    1,822 Total Sales

    Lee Ann Wilkinson
    Section Image
  • DAVID PLIVELICH

    Buyer Co-Listing Agent in 2019

    DAVID PLIVELICH

    BHHS PenFed (actual)

    (302) 853-0304

    2 Total Sales

    DAVID PLIVELICH
    Section Image
  • Richard Bryan

    Seller's Agent in 2015

    Richard Bryan

    Delaware Coastal Realty

    (302) 645-4800

    17 in this area

    40 Total Sales

    Richard Bryan
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU143946

Bright MLS

APN: 335-08.07-29.00

Delaware Sussex County Lewes 19958

418 Burton Ave, Lewes, DE

Not Listed for Sale

Lots

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