NOT LISTED FOR SALE

502 Cedar St Lewes, DE 19958

Estimated Value: $1,175,000 - $1,830,000

3 Beds
1.5 Baths
1,500 Sq Ft
$934/Sq Ft Est. Value

Last Sold October 11, 2023

Last sale price $1,175,000 $783 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $7,580/month

91 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Main Floor Bedroom
  • Lewes Elementary School Rated A
  • Wooded Lot
  • Garden View

About This Home

As of October 2023

Welcome to the Lewes Beach Cottage, a charming coastal getaway that exudes a beachy and coastal atmosphere. Step inside this home and immediately feel the warmth, coziness, and inviting ambiance that embraces you. The interior of this cottage is thoughtfully designed with an open floor plan, creating a seamless flow throughout. The living room is the epitome of coziness, offering a perfect space for relaxation and entertaining guests or to unwind after a day of coastal adventures. The kitchen was upgraded in 2018 is equipped with modern appliances, allowing you to effortlessly prepare delicious meals. Whether you're whipping up fresh seafood dishes or creating your favorite beachside snacks, the kitchen has everything you need. Just off the kitchen and dining room is an impressive large screen porch where you can enjoy family, friends, crab feasts, and more. With three bedrooms, this cottage provides space for anyone seeking a coastal retreat. Conveniently located only 4 houses from the beach cross over, this bungalow grants you easy access to Lewes Beach. Within minutes, you'll find yourself with your toes in the sand, enjoying the coastal beauty at your leisure. Take leisurely strolls along the shoreline, soak up the sun's rays while lounging on the beach, or indulge in various water activities like swimming and paddle boarding. Not only does this property provide proximity to the beach, but it also offers easy access to downtown Lewes. Just a short bike ride or walking distance away, you'll discover a vibrant hub filled with charming streets, historic landmarks, and a bustling atmosphere. Explore the local shops, dine at coastal-inspired restaurants, and immerse yourself in the lively entertainment options that the area has to offer. From its proximity to the sandy shores of Lewes Beach to its easy access to downtown Lewes, this cozy bungalow offers the perfect setting for both a peaceful retreat and an active beachside lifestyle. Come and embrace the coastal beauty, where relaxation and adventure await you at every turn.

Last Agent to Sell the Property

Julie Gritton

(302) 549-0395 julie@selltheshore.com Coldwell Banker Premier - Lewes License #RA-0031139 Listed on: 05/24/2023

Coldwell Banker Premier - Lewes

Last Buyer's Agent

Kellie Bergen

(443) 523-6133 delmarvakellie@gmail.com Coldwell Banker Premier - Lewes License #RS0037102

Coldwell Banker Premier - Lewes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,341

Year Built

  • Built in 1981 | Remodeled in 2018

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 70.00 x 100.00
  • Wooded Lot
  • Land Lease expires in 99 years
  • Property is in good condition
  • Property is zoned TN

Home Design

  • Cottage
  • Bungalow
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 1,500 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Window Screens
  • Living Room
  • Dining Room
  • Screened Porch
  • Luxury Vinyl Plank Tile Flooring
  • Garden Views
  • Crawl Space
  • Washer

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Bathtub with Shower

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 3 Parking Spaces
  • 2 Driveway Spaces
  • 1 Attached Carport Space

Outdoor Features

  • Outdoor Shower
  • Deck
  • Screened Patio
  • Shed

Utilities

  • Central Air
  • Electric Baseboard Heater
  • Electric Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Additional Features

  • Doors swing in
  • Flood Risk

Community Details

  • No Home Owners Association
  • Lewes Beach Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 335-04.20-71.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,341

Year Built

Built in 1981 | Remodeled in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage, Bungalow
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Doors - Swing In
  • Ownership: Land Lease
  • Exclusions: All furnishings
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-05-25
  • Federal Flood Zone: Yes
  • Year Built: 1981
  • Year Renovated: 2018
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Washer, Range Hood, Refrigerator, Dishwasher, Disposal, Microwave, Oven/Range - Electric
  • Flooring Type: Luxury Vinyl Plank
  • Interior Amenities: Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Floor Plan - Open, Tub Shower, Upgraded Countertops
  • Window Features: Screens
  • Fireplace: No
  • Door Features: Storm
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Bathroom 1, Half Bath, Screened Porch
  • Basement: No
  • Total Sq Ft: 1500
  • Living Area Sq Ft: 1500
  • Price Per Sq Ft: 799.93
  • Above Grade Finished Sq Ft: 1500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 502

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Stick Built
  • Exterior Features: Outside Shower
  • Road Surface Type: Paved
  • Roof: Shingle
  • Spa: No
  • View: Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Carport, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Land Lease Amt Freq: Annually
  • Land Lease Years Remaining: 99
  • Land Use Code: 999
  • Lot Features: Trees/Wooded
  • Lot Size Acres: 0.16
  • Lot Dimensions: 70.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6970.00
  • Outdoor Living Structures: Porch(es), Screened, Deck(s)
  • Property Condition: Good
  • Year Assessed: 2022
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 676.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1340.51
  • Assessor Parcel Number: 335-04.20-71.00
  • Tax Lot: 2
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 10/11/2023

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 1986
Bought by
Harte William E and Harte Eileen M
Current Estimated Value
$1,400,743
Source: Public Records

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
Harte William E $110,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2023 10/11/23 Sold $1,175,000 -2.1% $783 / Sq Ft
08/23/2023 08/23/23 Pending -- -- --
05/24/2023 05/24/23 For Sale $1,199,900 -- $800 / 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
2025 $2,198 $15,700 $7,000 $8,700
2024 $774 $15,700 $7,000 $8,700
2023 $773 $15,700 $7,000 $8,700
2022 $746 $15,700 $7,000 $8,700
2021 $739 $15,700 $7,000 $8,700
2020 $737 $15,700 $7,000 $8,700
2019 $738 $15,700 $7,000 $8,700
2018 $689 $15,700 $0 $0
2017 $660 $15,700 $0 $0
2016 $627 $15,700 $0 $0
2015 $599 $15,700 $0 $0
2014 $595 $15,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2041610

Bright MLS

APN: 335-04.20-71.00