NOT LISTED FOR SALE

505 E Cape Shores Dr Lewes, DE 19958

Estimated Value: $1,854,000 - $2,670,000

0.23 Acre
$10,118,178 Price per Acre
10,019 Sq Ft Lot

Last Sold April 06, 2016

Last sale price $740,000

Est. 214% increase in value since last sale

Current estimated payment $12,849/month

620 Days on Market

Highlights

  • Beach
  • Pier or Dock
  • Community Indoor Pool
  • Lewes Elementary School Rated A
  • Water Access
  • Tennis Courts

About This Lot

As of April 2016

One lot off the bay front in Cape Shores. Steps away from the Delaware Bay and Cape Henlopen State Park, this is coastal living at its finest!! Only lot available on Lewes Beach with a bay view.

Last Agent to Sell the Property

Richard Bryan

(302) 645-4800 richardleebryan@gmail.com Delaware Coastal Realty License #RB-0020623 Listed on: 06/19/2014

Last Buyer's Agent

Bryce Lingo

(302) 227-3883 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746

Jack Lingo - Rehoboth

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,155

Lot Details

  • 10,019 Sq Ft Lot
  • Cleared Lot

HOA Fees

  • $208 Monthly HOA Fees

Utilities

  • Public Hookup Available For Water

Listing and Financial Details

  • Assessor Parcel Number 335-05.00-32.00

Community Details

Overview

  • Cape Shores Subdivision

Amenities

  • Community Center

Recreation

  • Pier or Dock
  • Beach
  • Tennis Courts
  • Community Indoor Pool
  • Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$1,155

Lot Details

10,019 Sq Ft Lot

HOA Fees

$208 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: East of Rt 1
  • Historic: No
  • New Construction: No
  • Special Features: None

Exterior Features

  • Construction Completed: No
  • Water Access: Yes
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • 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

Condo/Co-op/Association

  • HOA Fees: 2500.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Community Center, Pier/Dock, Pool - Indoor, Tennis Courts
  • HOA: Yes

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 0.23
  • Lot Size Units: Acres
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5213669
  • Tax Annual Amount: 1155.00
  • Assessor Parcel Number: 335-05.00-32.00
  • County Tax Payment Frequency: Annually

Multi Family

  • Income Expense List: Total Tax Bill

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2018
Sold by
Jeffrey Tigani Ret
Bought by
Cape Holdings Llc
Current Estimated Value
$2,327,181

Purchase Details

Closed on
Nov 28, 2016
Sold by
Tigani Jeffrey R and Pala Nina A
Bought by
Jeffrey R Tigani Rev Trust Dated October

Purchase Details

Listed on
Jun 19, 2014
Closed on
Apr 6, 2016
Sold by
Fulton Laurie S
Bought by
Tigani Jeffrey R and Pala Nina A
Seller's Agent
Richard Bryan
Delaware Coastal Realty
Buyer's Agent
Bryce Lingo
Jack Lingo - Rehoboth
List Price
$740,000
Sold Price
$740,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.19%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
Cape Holdings Llc -- --
Jeffrey R Tigani Rev Trust Dated October -- None Available
Tigani Jeffrey R $740,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2016 04/06/16 Sold $740,000 0.0% --
02/29/2016 02/29/16 Pending -- -- --
06/19/2014 06/19/14 For Sale $740,000 -- --
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 $4,784 $54,600 $10,700 $43,900
2024 $2,691 $54,600 $10,700 $43,900
2023 $2,689 $54,600 $10,700 $43,900
2022 $2,595 $54,600 $10,700 $43,900
2021 $2,571 $54,600 $10,700 $43,900
2020 $2,563 $54,600 $10,700 $43,900
2019 $2,567 $54,600 $10,700 $43,900
2018 $2,398 $54,600 $0 $0
2017 $2,296 $54,600 $0 $0
2016 $427 $10,700 $0 $0
2015 $408 $10,700 $0 $0
2014 $405 $10,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001001274

Bright MLS

APN: 335-05.00-32.00

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