Seller's Agent in 2021
Michael Kennedy
Compass
(302) 381-7001
230 in this area
639 Total Sales
Estimated Value: $1,598,000 - $1,907,000
5
Beds
4.5
Baths
2,654
Sq Ft
$673/Sq Ft
Est. Value
Highlights
- Water Oriented
- Gourmet Kitchen
- Canal View
- Lewes Elementary School Rated A
- Open Floorplan
- 4-minute walk to Otis Smith Park
About This Home
As of June 2021This show-stopping fully furnished single-family home in the heart of Lewes is going to knock your sandals off. With water views of the Lewes & Rehoboth Canal from multiple vantage points, you are going to fall in love with this home! Located a mere .4 miles from Lewes Beach, you’re going to need to stock up on your sand toys, beach chairs, umbrellas, and water toys! For this price, this location cannot be beaten as you can walk across the street and enjoy waterfront dining or walk across the drawbridge directly into Historic Lewes. Parking for your friends and family is a breeze as you have a large covered area underneath the home as well as a side driveway for overflow parking. Walk up the stairs to the main level and you will immediately appreciate the water views as well as the large covered porch with a hard-lined gas grill. Walking through the front door you will appreciate the luxury vinyl plank flooring that flows throughout the majority of the main level. The open concept layout is ideal for relaxing and entertaining your friends and family when you aren’t on the beach. The main level features the owner’s suite with ensuite with large walk-in closet, great room, dining area, kitchen with stainless steel appliance, upgraded cabinets, hard surface countertops, under cabinet lighting, and pendant lights. The main level also features the laundry room, a powder room, and a large walk-in storage closet that functions as the future elevator shaft. The rear of the home features an expansive screened porch with two large Polywood picnic tables perfect for a crab feast! The second floor features a second owner’s suite with a private ensuite with access to the large covered porch that extends the width of the home. There is also another guest bedroom with its own private bathroom and covered porch with water views. As if that wasn’t enough, there is another guest suite with direct access to the hall bathroom and one additional guest bedroom. The home is being sold fully furnished with minor exclusions so schedule your tour immediately as it is sure to sell quickly. The home has never been rented but could be rented for approximately $5,500 to $6,000 per week during the summer months. The builder warranty is still valid until February 2022.
Last Agent to Sell the Property
(302) 381-7001 michael.kennedy@compass.com Compass License #RS-0024358 Listed on: 05/14/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,551
Year Built
- Built in 2020
HOA Fees
- $59 Monthly HOA Fees
Home Design
- Coastal Architecture
- Contemporary Architecture
- Blown-In Insulation
- Batts Insulation
- Architectural Shingle Roof
- Piling Construction
Interior Spaces
- 2,654 Sq Ft Home
- Property has 2 Levels
- Open Floorplan
- Furnished
- Window Screens
- Great Room
- Combination Kitchen and Living
- Dining Area
- Carpet
- Canal Views
- Attic
Kitchen
- Gourmet Kitchen
- Breakfast Area or Nook
- Gas Oven or Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Upgraded Countertops
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Walk-In Closet
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 6 Parking Spaces
- 2 Driveway Spaces
- 4 Attached Carport Spaces
Outdoor Features
- Water Oriented
- Property is near a canal
- Deck
Schools
- Cape Henlopen High School
Utilities
- Central Air
- Heat Pump System
- Underground Utilities
- 220 Volts
- 200+ Amp Service
- Tankless Water Heater
- Municipal Trash
Additional Features
- Property is zoned TN, Town Codes
- Flood Risk
Community Details
- Anglers Rd & Market St Subdivision Home Assoc HOA, Phone Number (646) 465-2456
- Lewes Beach Subdivision
Listing and Financial Details
- Home warranty included in the sale of the property
- Assessor Parcel Number 335-04.20-97.03
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 14, 2021
Closed on
Jun 22, 2021
Sold by
David Charles Svec T
Bought by
Cherenama Mahan and Semanani Ali F
Seller's Agent
Michael Kennedy
Compass
Buyer's Agent
Bryce Lingo
Jack Lingo - Rehoboth
List Price
$1,450,000
Sold Price
$1,379,000
Premium/Discount to List
-$71,000
-4.9%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,217
Avg. Annual Appreciation
6.14%
Original Mortgage
$1,103,200
Outstanding Balance
$998,810
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$787,407
Purchase Details
Listed on
Sep 26, 2019
Closed on
Dec 24, 2019
Sold by
Furbo Llc
Bought by
Iqbal Muhammad and Sandhu Usman
Seller's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$525,000
Sold Price
$515,000
Premium/Discount to List
-$10,000
-1.9%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
92.83%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cherenama Mahan | $1,379,000 | None Available | |
| Iqbal Muhammad | $515,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cherenama Mahan | $1,103,200 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/25/2021 06/25/21 | Sold | $1,379,000 | -4.9% | $520 / Sq Ft | |
| 05/21/2021 05/21/21 | Pending | -- | -- | -- | |
| 05/14/2021 05/14/21 | For Sale | $1,450,000 | +23.4% | $546 / Sq Ft | |
| 02/26/2021 02/26/21 | Sold | $1,175,000 | -6.0% | $443 / Sq Ft | View Prior Sale |
| 01/16/2021 01/16/21 | Pending | -- | -- | -- | |
| 12/09/2020 12/09/20 | Price Changed | $1,250,000 | -13.8% | $471 / Sq Ft | |
| 11/21/2020 11/21/20 | For Sale | $1,450,000 | +181.6% | $546 / Sq Ft | |
| 12/24/2019 12/24/19 | Sold | $515,000 | -1.9% | -- | View Prior Sale |
| 10/25/2019 10/25/19 | Pending | -- | -- | -- | |
| 09/26/2019 09/26/19 | For Sale | $525,000 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,941 | $0 | $0 | $0 |
| 2024 | $1,996 | $0 | $0 | $0 |
| 2023 | $1,994 | $0 | $0 | $0 |
| 2022 | $1,925 | $0 | $0 | $0 |
| 2021 | $1,907 | $0 | $0 | $0 |
| 2020 | $1,901 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Kennedy
-
Lee Ann Wilkinson
Seller's Agent in 2021
Lee Ann Wilkinson
BHHS PenFed (actual)
(302) 278-6726
1,058 in this area
1,860 Total Sales
-
Bryce Lingo
Buyer's Agent in 2021
Bryce Lingo
Jack Lingo - Rehoboth
(302) 226-6417
89 in this area
332 Total Sales
-
JESSICA BRADLEY
Buyer Co-Listing Agent in 2021
JESSICA BRADLEY
Jack Lingo - Rehoboth
(302) 245-7927
18 in this area
52 Total Sales
Map
Source: Bright MLS
MLS Number: DESU183038
APN: 335-4.20-97.03
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