NOT LISTED FOR SALE

50 Pilot Point Unit 50 Lewes, DE 19958

Estimated Value: $653,299 - $945,000

3 Beds
2.5 Baths
-- Sq Ft
1978 Built

Last Sold February 14, 2018

Last sale price $425,000

Est. 81% increase in value since last sale

Current estimated payment $4,162/month

1,058 Days on Market

Highlights

  • Bay View
  • Deck
  • Tennis Courts
  • Lewes Elementary School Rated A
  • Main Floor Bedroom
  • Living Room

About This Home

As of February 2018

Pilot Point Community is in the process of completely renovating the exterior of all buildings. Beach Access Steps from your front door. Ten minute walk to downtown historic Lewes, Shoping and Dining. Just down the street from Cape Henlopen State Park and the Breakwater Bike Path. Inverted Floor Plan offers Beautiful Bay Views. Great under unit storage for bikes, grill, kayaks with an outdoor shower. Excellent Rental Possibility.

Last Agent to Sell the Property

LISA MCDONALD

Delaware Coastal Realty Listed on: 01/23/2015

Last Buyer's Agent

Julie Gritton

Coldwell Banker Premier - Lewes License #RA-0031139

Coldwell Banker Premier - Lewes

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $735

Year Built

  • Built in 1978

Parking

  • Assigned Parking

Home Design

  • Shake Siding
  • Concrete Perimeter Foundation
  • Stick Built Home
  • Cedar

Interior Spaces

  • Property has 2 Levels
  • Window Treatments
  • Family Room
  • Living Room
  • Dining Room
  • Bay Views

Kitchen

  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom

Laundry

  • Electric Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Additional Features

  • Deck
  • Ground Rent of $99 per year

Listing and Financial Details

  • Assessor Parcel Number 335-05.17-11.00-50

Community Details

Overview

  • Property has a Home Owners Association
  • Pilot Point Subdivision

Recreation

  • Tennis Courts

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$735

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1978
  • Remarks Public: Pilot Point Community is in the process of completely renovating the exterior of all buildings. Beach Access Steps from your front door. Ten minute walk to downtown historic Lewes, Shoping and Dining. Just down the street from Cape Henlopen State Park and the Breakwater Bike Path. Inverted Floor Plan offers Beautiful Bay Views. Great under unit storage for bikes, grill, kayaks with an outdoor shower. Excellent Rental Possibility.
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Freezer, Microwave, Refrigerator, Washer
  • Entry Floor: 1
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Entry Level Bedroom, Window Treatments
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 7
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Additional Bedroom
  • Basement: No
  • Street Number Modifier: 50

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Construction Materials: Stick Built, Cedar, Shake Siding
  • Construction Completed: Yes
  • Roof: Unknown
  • View: Bay
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Assigned

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 5856.00
  • HOA Condo Co-Op Amenities: Tennis Courts
  • HOA: No

Lot Info

  • Outdoor Living Structures: Deck(s)
  • In City Limits: Yes

Rental Info

  • Ground Rent Amt: 99.00
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Annually
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5213891
  • Tax Annual Amount: 735.00
  • Assessor Parcel Number: 335-05.17-11.00-50
  • County Tax Payment Frequency: Annually
  • Close Date: 02/14/2018

Multi Family

  • Income Expense List: Annual Ground Rent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2015
Closed on
Feb 8, 2018
Sold by
Raver Ronald G and Raver Charlotte T
Bought by
Varney Gary C and Wallace Wendy J
Seller's Agent
LISA MCDONALD
Delaware Coastal Realty
Buyer's Agent
Julie Gritton
Coldwell Banker Premier - Lewes
List Price
$495,000
Sold Price
$425,000
Premium/Discount to List
-$70,000
-14.14%
Total Days on Market
1058
Current Estimated Value
$768,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$343,825
Avg. Annual Appreciation
8.42%

Purchase Details

Closed on
Oct 15, 1987
Bought by
Raver Ronald G and Raver Charlette T
Source: Public Records

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Range of Values:

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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
Varney Gary C $425,000 --
Raver Ronald G $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varney Gary C $493,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2018 02/14/18 Sold $425,000 -10.5% --
12/16/2017 12/16/17 Pending -- -- --
10/30/2017 10/30/17 Price Changed $475,000 -4.0% --
09/26/2017 09/26/17 For Sale $495,000 -4.8% --
08/24/2017 08/24/17 Pending -- -- --
01/23/2015 01/23/15 For Sale $520,000 -- --
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 $988 $17,350 $0 $17,350
2023 $987 $17,350 $0 $17,350
2022 $953 $17,350 $0 $17,350
2021 $944 $17,350 $0 $17,350
2020 $941 $17,350 $0 $17,350
2019 $943 $17,350 $0 $17,350
2018 $880 $20,050 $0 $0
2017 $843 $20,050 $0 $0
2016 $801 $20,050 $0 $0
2015 $765 $20,050 $0 $0
2014 $760 $20,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001002656

Bright MLS

APN: 335-05.17-11.00-50