$775,000
SOLD AUG 13, 2024

507 Kings Hwy Lewes, DE 19958

3 Beds
1.5 Baths
2,080 Sq Ft
6,406 Sq Ft Lot

Recently Sold

$373 Per Sq Ft

44% Below List Price

119 Days on Market

Highlights

  • View of Trees or Woods
  • Dual Staircase
  • Wood Flooring
  • Lewes Elementary School Rated A
  • Deck
  • 1-minute walk to Stango Park

About This Home

As of August 2024

DELIGHTFULLY LEWES! Amazing character and authenticity welcome you to this ideally located in-town Lewes charmer! Features an inviting floor plan with 2 levels of well-preserved original hardwood flooring, a large updated kitchen with granite counters & stainless-steel appliances, 3 spacious upstairs bedrooms, and a 3rd level floored attic. Situated on a generously sized lot with a welcoming front porch, rear & side decks, and a lusciously landscaped backyard with 2 storage sheds. Be within walking (or biking) distance to the beach, parks, library, and shopping & dining of downtown Lewes. Call Today! Active U/C, Buyer has must sell, settling 7/26, all contingencies met.

Last Agent to Sell the Property

Lee Ann Wilkinson

Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Lee Ann Wilkinson

Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $770

Year Built

  • Built in 1890

Lot Details

  • 6,406 Sq Ft Lot
  • Lot Dimensions are 53.34 x 136.09 x 50.57 x 115.96
  • Landscaped
  • Back Yard
  • Historic Home

Property Views

  • Woods
  • Garden

Home Design

  • Victorian Architecture
  • Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 2,080 Sq Ft Home
  • Property has 2.5 Levels
  • Dual Staircase
  • Built-In Features
  • Ceiling Fan
  • Skylights
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Den
  • Crawl Space
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces

Outdoor Features

  • Outdoor Shower
  • Deck
  • Shed
  • Outbuilding
  • Porch

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 335-08.11-157.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$770

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: Powder Room Mirror. The Little Free Library affixed to the front of the property.
  • Historic: Yes
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1890
  • Automatically Close On Close Date: No
  • Remarks Public: DELIGHTFULLY LEWES! Amazing character and authenticity welcome you to this ideally located in-town Lewes charmer! Features an inviting floor plan with 2 levels of well-preserved original hardwood flooring, a large updated kitchen with granite counters & stainless-steel appliances, 3 spacious upstairs bedrooms, and a 3rd level floored attic. Situated on a generously sized lot with a welcoming front porch, rear & side decks, and a lusciously landscaped backyard with 2 storage sheds. Be within walking (or biking) distance to the beach, parks, library, and shopping & dining of downtown Lewes. Call Today! Active U/C, Buyer has must sell, settling 7/26, all contingencies met.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Dryer, Water Heater
  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Additional Stairway, Attic, Breakfast Area, Built-Ins, Ceiling Fan(s), Dining Area, Kitchen - Island, Pantry, Skylight(s), Upgraded Countertops, Wood Floors
  • Foundation Details: Crawl Space
  • Levels Count: 2.5
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Foyer, Bedroom 1, Laundry, Office, Attic, Full Bath, Half Bath
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2080
  • Living Area Sq Ft: 2080
  • Price Per Sq Ft: 408.65
  • Above Grade Finished Sq Ft: 2080
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 507

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper 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, Wood Siding
  • Exterior Features: Outbuilding(s), Outside Shower, Sidewalks
  • Roof: Shingle
  • View: Garden/Lawn, Street, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • 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

  • Lot Features: Landscaping, Rear Yard
  • Lot Size Acres: 0.15
  • Lot Dimensions: 53.34 x 136.09 x 50.57 x 115.96
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6406.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 770.36
  • Assessor Parcel Number: 335-08.11-157.00
  • Close Date: 08/13/2024

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
Aug 13, 2024
Sold by
Wells Elizabeth B
Bought by
Ward Darica L
Seller's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$1,395,000
Sold Price
$775,000
Premium/Discount to List
-$620,000
-44.44%
Total Days on Market
119
Views
817
Current Estimated Value
$786,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,433
Avg. Annual Appreciation
1.90%
Original Mortgage
$475,000
Outstanding Balance
$471,733
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$314,700

Purchase Details

Closed on
Feb 28, 2003
Bought by
Wells Elizabeth B

Map

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 Type Sale Price Title Company
Deed $775,000 None Listed On Document
Deed $425,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $475,000 New Conventional
Previous Owner $390,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2024 08/13/24 Sold $775,000 -8.8% $373 / Sq Ft
07/12/2024 07/12/24 Pending -- -- --
05/04/2024 05/04/24 Price Changed $850,000 -14.6% $409 / Sq Ft
03/22/2024 03/22/24 Price Changed $995,000 -28.7% $478 / Sq Ft
03/15/2024 03/15/24 For Sale $1,395,000 -- $671 / 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
2024 $587 $11,900 $3,850 $8,050
2023 $586 $11,900 $3,850 $8,050
2022 $566 $11,900 $3,850 $8,050
2021 $560 $11,900 $3,850 $8,050
2020 $559 $11,900 $3,850 $8,050
2019 $560 $11,900 $3,850 $8,050
2018 $523 $11,900 $0 $0
2017 $500 $11,900 $0 $0
2016 $475 $11,900 $0 $0
2015 $454 $11,900 $0 $0
2014 $451 $11,900 $0 $0
Source: Public Records

Source: Bright MLS

MLS Number: DESU2058240

Bright MLS

APN: 335-08.11-157.00

Delaware Sussex County Lewes 19958

507 Kings Hwy, Lewes, DE

Homes for Sale in Lewes, DE

This home is located at 507 Kings Hwy, Lewes, DE 19958 and is currently priced at $775,000, approximately $372 per square foot. This property was built in 1890. 507 Kings Hwy is a home located in Sussex County with nearby schools including Lewes Elementary School, Mariner Middle School, and Cape Henlopen High School.

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