NOT LISTED FOR SALE

5 Warren Rd Lewes, DE 19958

Estimated Value: $3,285,000

0.25 Acre
$13,140,000 Price per Acre
10,890 Sq Ft Lot

Sale Details

Date Sold: October 22, 2021

Last sale price $900,000

Est. 265% increase in value since last sale

Current estimated payment $18,056 / mo

15 Days on Market

Highlights

  • Home fronts navigable water
  • Water Access
  • No HOA
  • Lewes Elementary School Rated A

About This Lot

As of October 2021

Unique opportunity to build your custom dream home with outstanding views of the Delaware Bay. This is the last unimproved remaining lot in this small seven lot community. Just steps to the Beach. A perfect location for biking the Lewes trails or through the Cape Henlopen State Park. Easement agreement in place for access to Delaware Bay beach.

Last Agent to Sell the Property

Kathy Newcomb

(302) 227-5000 rehobothde@premiermove.com Coldwell Banker Premier - Rehoboth License #RA-0003510 Listed on: 09/08/2021

Coldwell Banker Premier - Rehoboth

Co-Listed By

Bruce Plummer

(302) 227-5000 rehobothde@premiermove.com Coldwell Banker Premier - Rehoboth License #RB-0001924

Last Buyer's Agent

Isha Iqbal

(302) 369-5397 newarkoffice@c21gk.com Century 21 Gold Key Realty License #RS0025855

Century 21 Gold Key Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $977

Lot Details

  • 10,890 Sq Ft Lot
  • Lot Dimensions are 73.00 x 150.00
  • Home fronts navigable water
  • Ground Rent expires in 26 years
  • Property is zoned TN

Schools

  • Lewes Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Additional Features

  • Flood Risk
  • Public Hookup Available For Water

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 335-05.17-32.00

Community Details

Overview

  • No Home Owners Association

Recreation

  • Water Access
  • Property near a bay

Property Details

Property Type

Land

Est. Annual Taxes

$977

Lot Details

0.25 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Leasehold
  • Current Use: Residential
  • Historic: No
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 91.82

Exterior Features

  • Construction Completed: No
  • Water Access: Yes
  • Water Body Name: Delaware Bay
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public Hook-Up Available
  • Municipal Trash: No

Condo/Co-op/Association

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

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: LEWES
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Size Acres: 0.25
  • Lot Dimensions: 73.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10890.00
  • Zoning: TN
  • Farmland Preservation: No
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: Yes
  • Ground Rent Years Remaining: 26
  • Lease Considered: No
  • Lease In Effect: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 522.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 977.00
  • Assessor Parcel Number: 335-05.17-32.00
  • Tax Lot: 3
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

Multi Family

  • Federal Flood Zone: AE8
  • Income Expense List: Annual Ground Rent

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2021
Closed on
Oct 22, 2021
Sold by
3D Investments Llc
Bought by
Iman Properties Llc
Seller's Agent
Kathy Newcomb
Coldwell Banker Premier - Rehoboth
Buyer's Agent
Isha Iqbal
Century 21 Gold Key Realty
List Price
$999,900
Sold Price
$900,000
Premium/Discount to List
-$99,900
-9.99%
Current Estimated Value
$3,285,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,385,000
Avg. Annual Appreciation
32.92%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Iman Properties Llc $900,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2021 10/22/21 Sold $900,000 -10.0% --
09/23/2021 09/23/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $999,900 -- --
Source: Bright MLS

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 $6,433 $12,250 $9,550 $2,700
2024 $4,027 $12,250 $9,550 $2,700
2023 $4,023 $12,250 $9,550 $2,700
2022 $582 $12,250 $9,550 $2,700
2021 $577 $12,250 $9,550 $2,700
2020 $575 $12,250 $9,550 $2,700
2019 $576 $12,250 $9,550 $2,700
2018 $0 $12,250 $0 $0
2017 $515 $12,250 $0 $0
2016 $489 $12,250 $0 $0
2015 $468 $12,250 $0 $0
2014 $464 $12,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2006176

Bright MLS

APN: 335-05.17-32.00

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