NOT LISTED FOR SALE

50 Elizabeth Ave Dover, DE 19901

Estimated Value: $981,000 - $1,209,000

6 Beds
5 Baths
8,907 Sq Ft
$127/Sq Ft Est. Value

Last Sold June 27, 2024

Last sale price $1,200,000 $135 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $6,292/month

47 Days on Market

Highlights

  • In Ground Pool
  • 1.7 Acre Lot
  • Cathedral Ceiling
  • Allen Frear Elementary School Rated A
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of June 2024

Discover the pinnacle of luxury living at this remarkable home nestled in the highly sought-after Pennwood neighborhood in the highly rated Caesar Rodney school district. Boasting 6 bedrooms (primary and one additional on the main level) with 3 full baths and 2 half baths, this residence is a haven of modern elegance and comfort. Situated on a sprawling 1.7 acre double lot, the home exudes gorgeous curb appeal and offers a sense of seclusion via a long circular driveway leading to an oversized side-entry three car epoxy-floored garage.
The thoughtful design and exquisite craftsmanship by builder Al Lambertson, created high-quality refined finishes throughout the house, all accentuated by the presence of natural light and cozy spaces. Step inside to experience a home that has been meticulously updated. The interior has undergone a complete renovation, resulting in a space that exudes modern elegance and timeless charm. Immaculately maintained, every corner of this home reflects the highest standards of quality. The gourmet kitchen features contemporary granite countertops and stainless steel appliances including Sub-zero refrigeration, creating a stylish and functional space for culinary endeavors.
The primary bedroom on the main level offers serene views of the lush backyard complemented by a second bedroom and separate home office also all on the same level. Upstairs, four additional bedrooms, huge bonus room and a spacious loft area provide ample accommodation for family and guests.
The serene in-ground pool and koi pond transform the backyard into your own private oasis, providing a perfect escape for relaxation and gathering. Adjacent to the pool, an outdoor kitchen beckons, complete with a built-in grill, offering the perfect setting for alfresco dining. The finished basement adds to the allure with a home gym, oversized flex space, a bar and lounge area made for entertaining and two generous storage areas. Beyond the confines of this luxurious home, benefit from the convenience of being in the Caesar Rodney school district and just 5 minutes away from Bayhealth Medical Center and the Dover Air Force Base, plus all major shopping and restaurants. Step into this cherished neighborhood and embrace the enchantment of gracious living – where every day is a celebration of life's finest moments. Schedule a private viewing.

Last Agent to Sell the Property

Shalini Sawhney

(302) 674-4220 info@burnsandellis.com Burns & Ellis Realtors License #RS-0024680 Listed on: 03/14/2024

Last Buyer's Agent

Shalini Sawhney

(302) 674-4220 info@burnsandellis.com Burns & Ellis Realtors License #RS-0024680 Listed on: 03/14/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,395

Year Built

  • Built in 1994 | Remodeled in 2015

Lot Details

  • 1.7 Acre Lot
  • North Facing Home
  • Privacy Fence
  • Vinyl Fence
  • Level Lot
  • Open Lot
  • Sprinkler System
  • Back, Front, and Side Yard
  • Property is in excellent condition
  • Property is zoned RS1

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 6 Driveway Spaces
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • Property has 2 Levels
  • Central Vacuum
  • Cathedral Ceiling
  • Ceiling Fan
  • Stone Fireplace
  • Bay Window
  • Family Room
  • Living Room
  • Dining Room
  • Home Security System
  • Laundry on main level
  • Attic

Kitchen

  • Butlers Pantry
  • Built-In Self-Cleaning Oven
  • Built-In Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-in Shower

Finished Basement

  • Basement Fills Entire Space Under The House
  • Garage Access

Pool

  • In Ground Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Patio

Schools

  • Caesar Rodney High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Underground Utilities
  • 200+ Amp Service
  • Water Treatment System
  • Well
  • Natural Gas Water Heater

Community Details

  • Association fees include common area maintenance
  • Pennwood Subdivision

Listing and Financial Details

  • Tax Lot 1700-000
  • Assessor Parcel Number NM-00-08603-02-1700-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,395

Year Built

Built in 1994 | Remodeled in 2015

Lot Details

0

HOA Fees

$17 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-03-15
  • Year Built: 1994
  • Year Renovated: 2015
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Oven - Wall, Oven - Self Cleaning, Dishwasher, Refrigerator, Disposal
  • Flooring Type: Wood, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Ceiling Fan(s), Central Vacuum, Water Treat System, Stall Shower, Dining Area
  • Window Features: Bay/Bow
  • Fireplace Features: Stone
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Fully Finished, Garage Access
  • Laundry Type: Main Floor
  • Total Sq Ft: 9169
  • Living Area Sq Ft: 8907
  • Price Per Sq Ft: 203.13
  • Above Grade Finished Sq Ft: 5907
  • Below Grade Finished Sq Ft: 3000
  • Below Grade Sq Ft: 262
  • Total Below Grade Sq Ft: 3262
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 2
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Street Lights, Hot Tub, Lawn Sprinkler
  • Pool Features: Fenced, In Ground
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Inside Access, Garage Door Opener, Oversized
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 9
  • Type Of Parking: Driveway, Attached Garage
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Underground, 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 200.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent
  • High School: CAESAR RODNEY

Lot Info

  • Fencing: Privacy, Vinyl
  • Lot Features: Level, Open, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 1.70
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 74052.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Excellent
  • Zoning: RS1
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • School Tax: 4005.00
  • Tax Annual Amount: 5395.30
  • Assessor Parcel Number: NM-00-08603-02-1700-000
  • Tax Lot: 1700-000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: CAESAR RODNEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
Jun 27, 2024
Sold by
Kramedas Thomas and Kramedas Katherine Green
Bought by
Urella Venugopal and Urella Madhulika
Seller's Agent
Shalini Sawhney
Burns & Ellis Realtors
Buyer's Agent
Shalini Sawhney
Burns & Ellis Realtors
List Price
$1,299,900
Sold Price
$1,200,000
Premium/Discount to List
-$99,900
-7.69%
Views
255
Current Estimated Value
$1,129,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$70,555
Avg. Annual Appreciation
-3.67%
Original Mortgage
$1,140,000
Outstanding Balance
$1,120,852
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$8,593

Purchase Details

Listed on
Jul 16, 2013
Closed on
May 29, 2014
Sold by
Easter J Hamilton and Easter Barbara B
Bought by
Kramedas Thomas and Kramedas Katherine Green
Seller's Agent
Terry Burns
Burns & Ellis Realtors
Buyer's Agent
Todd Stonesifer
The Moving Experience Delaware Inc
List Price
$850,000
Sold Price
$600,000
Premium/Discount to List
-$250,000
-29.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.11%
Original Mortgage
$480,000
Interest Rate
4.27%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records
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
Urella Venugopal $1,200,000 None Listed On Document
Kramedas Thomas $600,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Urella Venugopal $1,140,000
Previous Owner Kramedas Thomas $480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2024 06/27/24 Sold $1,200,000 0.0% $135 / Sq Ft
05/01/2024 05/01/24 Pending -- -- --
04/23/2024 04/23/24 Price Changed $1,199,900 -7.7% $135 / Sq Ft
03/14/2024 03/14/24 For Sale $1,299,900 +116.7% $146 / Sq Ft
05/29/2014 05/29/14 Sold $600,000 -18.4% $102 / Sq Ft View Prior Sale
03/06/2014 03/06/14 Pending -- -- --
10/18/2013 10/18/13 Price Changed $735,000 -13.5% $124 / Sq Ft
07/16/2013 07/16/13 For Sale $850,000 -- $144 / Sq Ft
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 $3,372 $725,300 $156,700 $568,600
2024 $3,328 $725,300 $156,700 $568,600
2023 $5,395 $195,200 $30,200 $165,000
2022 $5,099 $195,200 $30,200 $165,000
2021 $5,050 $195,200 $30,200 $165,000
2020 $4,957 $195,200 $30,200 $165,000
2019 $4,775 $195,200 $30,200 $165,000
2018 $4,618 $195,200 $30,200 $165,000
2017 $4,497 $195,200 $0 $0
2016 $4,356 $195,200 $0 $0
2015 $3,694 $195,200 $0 $0
2014 $3,678 $195,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: Bright MLS

MLS Number: DEKT2026304

Bright MLS

APN: 7-00-08603-02-1700-000