NOT LISTED FOR SALE

48 Sussex Dr Lewes, DE 19958

Estimated Value: $503,218 - $1,132,000

4 Beds
2 Baths
2,100 Sq Ft
$430/Sq Ft Est. Value

Last Sold May 04, 2018

Last sale price $320,000 $152 Per Sq Ft

Est. 182% increase in value since last sale

Current estimated payment $4,967/month

298 Days on Market

Highlights

  • Wood Burning Stove
  • Saltbox Architecture
  • Main Floor Bedroom
  • Lewes Elementary School Rated A
  • Wood Flooring
  • Attic

About This Home

As of May 2018

This is a tear-down set on an extra large in-town lot (100x160), walking distance to grocery, pharmacy, library, restaurants and shops of Lewes! No kitchen, no bathrooms, just the shell of the house. Highland Acres was recently annexed into the City of Lewes and seller will pay $30,000 assessment with full price offer. Also natural gas is ran to the lot

Last Agent to Sell the Property

EDIE PAGE

Delaware Coastal Realty License #RA-0003296 Listed on: 06/21/2017

Last Buyer's Agent

EDIE PAGE

Delaware Coastal Realty License #RA-0003296 Listed on: 06/21/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,651

Year Built

  • Built in 1968

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 100x160
  • Partially Fenced Property
  • Zoning described as TOWN CODES

Home Design

  • Saltbox Architecture
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 2,100 Sq Ft Home
  • Property has 2 Levels
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Crawl Space
  • Washer and Dryer Hookup
  • Attic

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Parking

  • Attached Garage
  • Driveway
  • Off-Street Parking

Utilities

  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Highland Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 335-08.11-11.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,651

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Salt Box
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1968
  • Remarks Public: This is a tear-down set on an extra large in-town lot (100x160), walking distance to grocery, pharmacy, library, restaurants and shops of Lewes! No kitchen, no bathrooms, just the shell of the house. Highland Acres was recently annexed into the City of Lewes and seller will pay $30,000 assessment with full price offer. Also natural gas is ran to the lot
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Attic, Entry Level Bedroom
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block, Crawl Space
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 9
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Sun/Florida Room, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2100
  • Living Area Sq Ft: 2100
  • Net Sq Ft: 2100.00
  • Price Per Sq Ft: 157.14
  • Above Grade Finished Sq Ft: 2100
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 48

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Wood Siding
  • Construction Completed: Yes
  • Roof: Shingle, Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Parking Features: Paved Driveway
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Wood Burn Stove, Baseboard
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Fencing: Partially
  • Lot Size Acres: 0.37
  • Lot Dimensions: 100x160
  • Lot Size Units: Acres
  • Lot Sq Ft: 16117.00
  • Zoning Description: TOWN CODES
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5215982
  • Tax Annual Amount: 1651.00
  • Assessor Parcel Number: 335-08.11-11.00
  • County Tax Payment Frequency: Annually
  • Close Date: 05/04/2018

Multi Family

  • Income Expense List: Total Tax Bill

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2017
Closed on
May 4, 2018
Sold by
Friend Douglas and Friend Vicki M
Bought by
Mcshane Amy R
Seller's Agent
EDIE PAGE
Delaware Coastal Realty
Buyer's Agent
EDIE PAGE
Delaware Coastal Realty
List Price
$330,000
Sold Price
$320,000
Premium/Discount to List
-$10,000
-3.03%
Current Estimated Value
$903,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$583,305
Avg. Annual Appreciation
15.06%

Purchase Details

Listed on
Feb 25, 2015
Closed on
Mar 13, 2015
Sold by
Russell R Russell R
Bought by
Friend Douglas and Friend Vicki M
Seller's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.15%

Purchase Details

Closed on
Dec 17, 2014
Sold by
William K William K and Beasley John A
Bought by
Palmer Russell R
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
Mcshane Amy R $320,000 --
Friend Douglas $250,000 --
Palmer Russell R $249,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2018 05/04/18 Sold $320,000 -3.0% $152 / Sq Ft
04/15/2018 04/15/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $330,000 0.0% $157 / Sq Ft
01/29/2018 01/29/18 Pending -- -- --
12/03/2017 12/03/17 Price Changed $330,000 +3.1% $157 / Sq Ft
08/17/2017 08/17/17 Price Changed $320,000 -5.6% $152 / Sq Ft
06/21/2017 06/21/17 For Sale $339,000 +35.6% $161 / Sq Ft
03/13/2015 03/13/15 Sold $250,000 0.0% $119 / Sq Ft
02/27/2015 02/27/15 Pending -- -- --
02/25/2015 02/25/15 For Sale $250,000 -- $119 / Sq Ft
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
2024 $1,001 $19,000 $7,650 $11,350
2023 $1,000 $19,000 $7,650 $11,350
2022 $968 $19,000 $7,650 $11,350
2021 $960 $19,000 $7,650 $11,350
2020 $957 $19,000 $7,650 $11,350
2019 $958 $19,000 $7,650 $11,350
2018 $899 $19,000 $0 $0
2017 $864 $19,000 $0 $0
2016 $824 $19,000 $0 $0
2015 $855 $19,000 $0 $0
2014 $1,082 $26,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001030670

Bright MLS

APN: 335-08.11-11.00