NOT LISTED FOR SALE

425 Paynter Ave Lewes, DE 19958

Estimated Value: $397,024 - $1,125,000

0.09 Acre
$9,613,956 Price per Acre
3,920 Sq Ft Lot

Last Sold November 22, 2019

Last sale price $335,000

Est. 158% increase in value since last sale

Current estimated payment $4,689/month

Highlights

  • Garden View
  • No HOA
  • 2-minute walk to Lewes Community Playground
  • Lewes Elementary School Rated A

About This Lot

As of November 2019

BLANK SLATE! Feel the excitement of a fresh, clean canvas for your design vision! This building lot in-town Lewes is that canvas. Envision your new home, and create it with the builder of your choice. Then start living the sought-after Lewes lifestyle: walk or bike to dining, shopping, the library, beach and all of the benefits of living in town!

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: 08/05/2019

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Candy Williams

(410) 991-0999 candy.williams@longandfoster.com Long & Foster Real Estate, Inc. License #RS0014138

Long & Foster Real Estate, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $257

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40 x 100 x 40 x 98.9
  • Cleared Lot
  • Property is zoned TN, Town Codes

Additional Features

  • Garden Views
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Burtons Subdivision

Listing and Financial Details

  • Tax Lot 50
  • Assessor Parcel Number 335-08.07-60.00

Property Details

Property Type

Land

Est. Annual Taxes

$257

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, Vacant
  • New Construction: No
  • Federal Flood Zone: No
  • Remarks Public: BLANK SLATE! Feel the excitement of a fresh, clean canvas for your design vision! This building lot in-town Lewes is that canvas. Envision your new home, and create it with the builder of your choice. Then start living the sought-after Lewes lifestyle: walk or bike to dining, shopping, the library, beach and all of the benefits of living in town!
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 89.26
  • Street Number Modifier: 425

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Completed: No
  • View: Garden/Lawn
  • 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
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No

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
  • Lot Size Acres: 0.09
  • Lot Dimensions: 40 x 100 x 40 x 98.9
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3920.00
  • Possible Use: Residential
  • Year Assessed: 2018
  • Zoning: TN
  • Zoning Description: Town Codes
  • Farmland Preservation: No
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5215629
  • School Tax: 39.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 257.00
  • Assessor Parcel Number: 335-08.07-60.00
  • Tax Lot: 50
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 11/22/2019

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2019
Closed on
Nov 22, 2019
Sold by
Smith Donald P and Smith Nancy H
Bought by
Potts Susan M and Kohn Karen E
Seller's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Candy Williams
Long & Foster Real Estate, Inc.
List Price
$349,900
Sold Price
$335,000
Premium/Discount to List
-$14,900
-4.26%
Current Estimated Value
$865,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$530,256
Avg. Annual Appreciation
17.35%

Purchase Details

Closed on
Apr 15, 2019
Sold by
Russell Susan J
Bought by
Russell Ret

Purchase Details

Listed on
Feb 13, 2018
Closed on
Oct 5, 2018
Sold by
425 Paynter Street Llc
Bought by
Russell Susan J and Medlock Mary E
Seller's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$819,000
Sold Price
$775,000
Premium/Discount to List
-$44,000
-5.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.57%

Purchase Details

Listed on
Aug 2, 2016
Closed on
May 4, 2017
Sold by
A Thomas Owen Rev Trust Dated Sept 28 20
Bought by
425 Paynter Street Llc
Seller's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Randy Mason
Jack Lingo - Rehoboth
List Price
$359,500
Sold Price
$320,000
Premium/Discount to List
-$39,500
-10.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
86.44%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Potts Susan M $335,000 --
Russell Ret -- --
Russell Susan J $775,000 --
425 Paynter Street Llc $320,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2019 11/22/19 Sold $335,000 -4.3% --
09/25/2019 09/25/19 Pending -- -- --
08/05/2019 08/05/19 For Sale $349,900 -54.9% --
10/05/2018 10/05/18 Sold $775,000 -3.1% $352 / Sq Ft View Prior Sale
08/12/2018 08/12/18 Pending -- -- --
04/18/2018 04/18/18 Price Changed $799,900 -2.3% $364 / Sq Ft
02/13/2018 02/13/18 For Sale $819,000 +155.9% $372 / Sq Ft
05/04/2017 05/04/17 Sold $320,000 -11.0% -- View Prior Sale
03/20/2017 03/20/17 Pending -- -- --
08/02/2016 08/02/16 For Sale $359,500 -- --
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 $1,817 $1,000 $1,000 $0
2024 $855 $1,000 $1,000 $0
2023 $854 $1,000 $1,000 $0
2022 $807 $1,000 $1,000 $0
2021 $775 $1,000 $1,000 $0
2020 $47 $1,000 $1,000 $0
2019 $47 $1,000 $1,000 $0
2018 $44 $1,000 $0 $0
2017 $42 $1,000 $0 $0
2016 $40 $1,000 $0 $0
2015 $38 $1,000 $0 $0
2014 $38 $1,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU145422

Bright MLS

APN: 335-08.07-60.00