NOT LISTED FOR SALE

513 E Cape Shores Dr Lewes, DE 19958

Estimated Value: $1,818,000 - $2,162,000

4 Beds
3.5 Baths
2,510 Sq Ft
$774/Sq Ft Est. Value

Last Sold December 18, 2023

Last sale price $1,700,000 $677 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $10,783/month

3 Days on Market

Highlights

  • Beach
  • Pier or Dock
  • Bay View
  • Lewes Elementary School Rated A
  • Water Oriented
  • Open Floorplan

About This Home

As of December 2023

ESCAPE TO THE CAPE! Gorgeous, custom-built 4-bedroom Cape Shores home has everything you are looking for in a beach house! Enjoy an inverted light-filled open floor plan on the 3rd level with hardwood flooring, inviting living room with gas fireplace framed in by built-in bookcases, updated kitchen with stainless steel appliances, island/breakfast bar, and more! The second level houses 2 private owner's suite with covered porches & en-suite baths, plus 2 additional bedrooms, and the first level offers plenty of under home parking as well as the interior foyer, storage room, and outdoor shower. The multiple decks and porches make it easy to make the most out of the relaxing bay breezes during the warm spring, summer & fall months. Located just steps from Cape Shore's unparalleled community amenities including: bay beach, fishing pier, tennis courts, pool and clubhouse. Enjoy the beauty of Delaware's coastal landscape from this bay front community, while being just minutes away from historic downtown Lewes, Cape Henlopen State Park, and all the shopping, dining, and recreational opportunities the area has to offer.

Last Agent to Sell the Property

Lee Ann Wilkinson

(302) 645-6661 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064 Listed on: 10/27/2023

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Julie Gritton

(302) 645-2881 julie@selltheshore.com Coldwell Banker Premier - Lewes License #RA-0031139

Coldwell Banker Premier - Lewes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,242

Year Built

  • Built in 2003

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 52.00 x 52.00
  • Property fronts the bay but unit may not have water views
  • Corner Lot
  • Land Lease expires in 67 years
  • Property is in good condition
  • Property is zoned TN

HOA Fees

  • $292 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 2,510 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Gas Fireplace
  • Sliding Windows
  • Window Screens
  • Entrance Foyer
  • Living Room
  • Combination Kitchen and Dining Room
  • Storage Room
  • Bay Views
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Butlers Pantry
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • Soaking Tub
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on lower level
  • Electric Dryer
  • Washer

Parking

  • 7 Parking Spaces
  • 4 Driveway Spaces
  • 3 Attached Carport Spaces
  • Electric Vehicle Home Charger
  • On-Street Parking

Outdoor Features

  • Outdoor Shower
  • Water Oriented
  • Property near a bay
  • Deck
  • Outdoor Storage
  • Porch

Location

  • Flood Risk

Schools

  • Lewes Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 335-05.00-36.00

Community Details

Overview

  • Association fees include common area maintenance, management
  • Cape Shores Subdivision
  • Property Manager

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Pier or Dock
  • Beach
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,242

Year Built

Built in 2003

Lot Details

2,614 Sq Ft Lot

HOA Fees

$292 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Land Lease
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: Yes
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Breakfast Area, Built-Ins, Butlers Pantry, Ceiling Fan(s), Combination Kitchen/Dining, Floor Plan - Open, Kitchen - Island, Primary Bath(s), Recessed Lighting, Soaking Tub, Tub Shower
  • Window Features: Screens, Sliding
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings
  • Foundation Details: Pillar/Post/Pier
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Foyer, Bedroom 1, Laundry, Storage Room, Bathroom 1, Bathroom 2, Primary Bathroom, Half Bath
  • Basement: No
  • Laundry Type: Common, Lower Floor
  • Total Sq Ft: 2510
  • Living Area Sq Ft: 2510
  • Price Per Sq Ft: 677.25
  • Above Grade Finished Sq Ft: 2510
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 4
  • Upper Level Bathrooms: 3.00
  • Upper Level 2 Bathrooms: 1.00
  • Upper Level 2 Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stick Built, Wood Siding
  • Exterior Features: Outside Shower, Secure Storage, Street Lights
  • Roof: Architectural Shingle
  • View: Bay
  • Water Access: No
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway, Electric Vehicle Charging Station(s)
  • Attached Carport Spaces: 3
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Attached Carport, Driveway, On Street
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 3500.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Club House, Pier/Dock, Pool - Outdoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: LEWES
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Land Lease Amt Freq: Annually
  • Land Lease Years Remaining: 67
  • Lot Features: Corner
  • Lot Size Acres: 0.06
  • Lot Dimensions: 52.00 x 52.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Good
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 1954.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 3242.42
  • Assessor Parcel Number: 335-05.00-36.00
  • Tax Lot: 19
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2003
Bought by
Polakoff Steven A and Jolson Heidi M
Current Estimated Value
$1,942,580
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Polakoff Steven A $665,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2023 12/18/23 Sold $1,700,000 0.0% $677 / Sq Ft
10/30/2023 10/30/23 Pending -- -- --
10/27/2023 10/27/23 For Sale $1,699,900 -- $677 / 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 $3,274 $45,350 $13,150 $32,200
2024 $2,235 $45,350 $13,150 $32,200
2023 $2,233 $45,350 $13,150 $32,200
2022 $2,155 $45,350 $13,150 $32,200
2021 $2,136 $45,350 $13,150 $32,200
2020 $2,129 $45,350 $13,150 $32,200
2019 $2,132 $45,350 $13,150 $32,200
2018 $1,992 $45,350 $0 $0
2017 $1,907 $45,350 $0 $0
2016 $1,812 $45,350 $0 $0
2015 $1,731 $45,350 $0 $0
2014 $1,718 $45,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2050238

Bright MLS

APN: 335-05.00-36.00

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