NOT LISTED FOR SALE

524 E Cape Shores Dr Lewes, DE 19958

Estimated Value: $1,651,000 - $2,024,870

4 Beds
3.5 Baths
-- Sq Ft
6,098 Sq Ft Lot

Last Sold September 28, 2015

Last sale price $950,000

Est. 94% increase in value since last sale

Current estimated payment $10,065/month

133 Days on Market

Highlights

  • Beach
  • Pier or Dock
  • Private Pool
  • Lewes Elementary School Rated A
  • Water Access
  • 5-minute walk to Cape Henlopen State Park

About This Home

As of September 2015

Wonderful custom home backs up to Cape Henlopen State Park giving you lots of privacy & views of Cape Henlopen. Home has 2 master bedrooms, beautiful kitchen, open floor plan w/ high ceilings,screen porch, lots of deck space including roof top deck great for viewing beach, lighthouse and state park.

Last Agent to Sell the Property

Zach Sieber

(302) 645-1955 zack@lewesrealty.com LEWES REALTY INC License #RS-0019395 Listed on: 01/17/2015

Co-Listed By

Julie Gritton

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

Last Buyer's Agent

Skip Faust

(302) 227-5000 rehobothde@premiermove.com Coldwell Banker Premier - Rehoboth License #RA-0002618

Coldwell Banker Premier - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,615

Year Built

  • Built in 1996

Lot Details

  • 6,098 Sq Ft Lot
  • Property borders a national or state park
  • Landscaped
  • Cleared Lot

HOA Fees

  • $208 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Architectural Shingle Roof
  • Piling Construction
  • Stick Built Home
  • Composite Building Materials

Interior Spaces

  • Property has 3 Levels
  • Partially Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Family Room
  • Open Floorplan
  • Living Room
  • Dining Room
  • Storage Room
  • Bay Views
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Parking

  • Covered Parking
  • Driveway
  • Off-Street Parking

Pool

  • Private Pool
  • Outdoor Shower

Outdoor Features

  • Water Access
  • Balcony
  • Deck
  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 335-05.00-59.00

Community Details

Overview

  • Cape Shores Subdivision

Amenities

  • Community Center

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,615

Year Built

Built in 1996

Lot Details

6,098 Sq Ft Lot

HOA Fees

$208 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Leasehold
  • Historic: No
  • Inclusions: Partially Furnished
  • New Construction: No
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Attic, Breakfast Area, Combination Kitchen/Dining, Combination Kitchen/Living, Ceiling Fan(s), Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Pilings
  • Level Count: 3
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Laundry, Storage Room, Additional Bedroom
  • Basement: No

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Exterior Features

  • Construction Materials: Stick Built, Composition
  • Construction Completed: Yes
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle
  • View: Bay
  • Water Access: Yes
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Personal, Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Garage Features: Covered Parking
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

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, Tennis Courts, Pier/Dock, Swimming Pool
  • HOA: Yes
  • Community Pool Features: In Ground

Lot Info

  • Lot Features: Cleared, Landscaping
  • Lot Size Acres: 0.14
  • Lot Size Units: Acres
  • Outdoor Living Structures: Balcony, Deck(s), Porch(es), Enclosed
  • In City Limits: Yes

Rental Info

  • Furnished: Partially
  • Ground Rent Pymnt Freq: Annually
  • Total Actual Rent: 28300.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5213818
  • Tax Annual Amount: 2615.00
  • Assessor Parcel Number: 335-05.00-59.00
  • 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

Listed on
Jan 17, 2015
Closed on
Sep 24, 2015
Sold by
Harvey Stephen K and Shortell Verne
Bought by
Culley James D and Culley Mary M
Seller's Agent
Zach Sieber
LEWES REALTY INC
Buyer's Agent
Skip Faust
Coldwell Banker Premier - Rehoboth
List Price
$950,000
Sold Price
$950,000
Current Estimated Value
$1,845,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$895,968
Avg. Annual Appreciation
6.54%
Source: Public Records
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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
Culley James D $950,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Culley James D $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2015 09/28/15 Sold $950,000 0.0% --
05/30/2015 05/30/15 Pending -- -- --
01/17/2015 01/17/15 For Sale $950,000 -- --
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 $3,027 $42,900 $11,200 $31,700
2024 $2,115 $42,900 $11,200 $31,700
2023 $2,113 $42,900 $11,200 $31,700
2022 $2,039 $42,900 $11,200 $31,700
2021 $2,020 $42,900 $11,200 $31,700
2020 $2,014 $42,900 $11,200 $31,700
2019 $2,017 $42,900 $11,200 $31,700
2018 $1,884 $42,900 $0 $0
2017 $1,804 $42,900 $0 $0
2016 $1,714 $42,900 $0 $0
2015 $1,637 $42,900 $0 $0
2014 $1,625 $42,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001002466

Bright MLS

APN: 335-05.00-59.00

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