NOT LISTED FOR SALE

600 Pilottown Rd Lewes, DE 19958

Estimated Value: $427,483 - $2,172,000

5 Beds
3 Baths
3,000 Sq Ft
$410/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $1,675,000 $558 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $6,638/month

Highlights

  • Boathouse
  • 4 Dock Slips
  • Home fronts navigable water
  • Lewes Elementary School Rated A
  • Guest House
  • Private Water Access

About This Home

As of September 2018

ENTERTAINING MECCA. Boating; Fishing; Beaching; Grilling; Relaxing, whatever your passion, share it with friends & family at the quintessential Lewes venue for fun. A short boat ride to Roosevelt Inlet & Delaware Bay, this home conveys with deeded canal front lot, multiple slips and 24,000 lb electric boat lift; there is room for seven cars, motorcycles, boats, personal water craft in conditioned garages, plus a 2 BR, 1 BA Guest Cottage. Considering two recent sales of Pilottown Road homes ($1,400,00 & $1,450,000) did not include the canal front lot or any boat slips; considering a conservative value of a canal front lot with boat slips is $375,000; and the cost to build the accessory dwelling, four car garage with Guest Quarters was $200,000, no matter how you slice it, 600 Pilottown Road is a must see / must have fleeting opportunity.

Last Agent to Sell the Property

Skip Faust

(302) 745-8764 skip@skipfaust.com Coldwell Banker Premier - Rehoboth License #RA-0002618 Listed on: 08/09/2018

Coldwell Banker Premier - Rehoboth

Last Buyer's Agent

DEBBIE REED

(302) 227-3818 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229

RE/MAX Realty Group Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,560

Year Built

  • Built in 1995

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 63x196x113x66x54x151
  • Home fronts navigable water
  • Home fronts a canal
  • Northeast Facing Home
  • Cleared Lot
  • Canal front Parcel 97.00 also conveys with all improvements
  • Property is in good condition

Parking

  • 6 Garage Spaces | 2 Attached and 4 Detached
  • 6 Open Parking Spaces
  • Second Garage
  • Heated Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Fenced Parking

Property Views

  • Bay
  • Canal

Home Design

  • Carriage House
  • Traditional Architecture
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • Property has 2 Levels
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Gas Fireplace
  • Window Treatments
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Storage Room
  • Attic

Kitchen

  • Eat-In Gourmet Kitchen
  • Gas Oven or Range
  • Commercial Range
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

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

Basement

  • Partial Basement
  • Interior Basement Entry

Home Security

  • Home Security System
  • Security Gate

Outdoor Features

  • Private Water Access
  • Property is near a canal
  • Electric Hoist or Boat Lift
  • Boathouse
  • 4 Dock Slips
  • Physical Dock Slip Conveys
  • Deck
  • Terrace
  • Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Bottled Gas
  • Back Up Gas Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Guest House
  • Flood Risk

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4.00
  • Assessor Parcel Number 335-04.18-4.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,560

Year Built

Built in 1995

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Federal Flood Zone: Yes
  • Year Built: 1995
  • Remarks Public: ENTERTAINING MECCA. Boating; Fishing; Beaching; Grilling; Relaxing, whatever your passion, share it with friends & family at the quintessential Lewes venue for fun. A short boat ride to Roosevelt Inlet & Delaware Bay, this home conveys with deeded canal front lot, multiple slips and 24,000 lb electric boat lift; there is room for seven cars, motorcycles, boats, personal water craft in conditioned garages, plus a 2 BR, 1 BA Guest Cottage. Considering two recent sales of Pilottown Road homes ($1,400,00 & $1,450,000) did not include the canal front lot or any boat slips; considering a conservative value of a canal front lot with boat slips is $375,000; and the cost to build the accessory dwelling, four car garage with Guest Quarters was $200,000, no matter how you slice it, 600 Pilottown Road is a must see / must have fleeting opportunity.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Commercial Range, Dishwasher, Disposal, Dryer - Electric, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Built-Ins, Ceiling Fan(s), Entry Level Bedroom, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Recessed Lighting, Pantry, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Foyer, Laundry, Mud Room, Storage Room, Bathroom 2, Attic, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Interior Access, Partial
  • Laundry Type: Upper Floor
  • Total Sq Ft: 3000
  • Living Area Sq Ft: 3000
  • Price Per Sq Ft: 550.00
  • Above Grade Finished Sq Ft: 3000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 600

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: 2nd Garage, Boat House, Carriage House, Garage(s), Guest House
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Roof: Architectural Shingle
  • View: Canal, Bay
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Name: Lewes Canal
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 6.00
  • Garage: Yes
  • Open Parking Spaces Count: 6
  • Parking Features: Fenced, Heated
  • Garage Features: Garage Door Opener, Garage - Side Entry, Oversized
  • Attached Garage Spaces: 2
  • Number Of Detached Garage Spaces: 4
  • Total Garage And Parking Spaces: 12
  • Type Of Parking: Attached Garage, Detached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Bottled Gas/Propane, Electric
  • Heating Type: Forced Air, Heat Pump - Gas Backup
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security Gate, Security System
  • 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
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: LEWES
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: Listing Agent
  • Elementary School: LEWES
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Horses: No
  • Additional Parcels: Yes
  • Additional Parcels Description: Canal front Parcel 97.00 also conveys with all improvements
  • Lot Features: Cleared
  • Lot Size Acres: 0.53
  • Lot Dimensions: 63x196x113x66x54x151
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 23022.00
  • Outdoor Living Structures: Porch(es), Deck(s), Roof, Terrace
  • Property Condition: Good
  • Zoning: Q
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5212987
  • School Tax: 2081.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 3559.91
  • Assessor Parcel Number: 335-04.18-4.00
  • Tax Lot: 4.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 09/28/2018

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2018
Closed on
Sep 28, 2018
Sold by
Toto Remo and Toto Diane L
Bought by
Stearn Robert J and Stearn Shazmin K
Seller's Agent
Skip Faust
Coldwell Banker Premier - Rehoboth
Buyer's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
List Price
$1,650,000
Sold Price
$1,675,000
Premium/Discount to List
$25,000
1.52%
Current Estimated Value
$1,228,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$446,379
Avg. Annual Appreciation
-4.28%
Original Mortgage
$1,000,000
Outstanding Balance
$844,213
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$384,408

Purchase Details

Closed on
Apr 26, 1995
Bought by
Toto Remo and Toto Diane L
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
Stearn Robert J $1,675,000 --
Toto Remo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stearn Robert J $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2018 09/28/18 Sold $1,675,000 +1.5% $558 / Sq Ft
08/14/2018 08/14/18 Pending -- -- --
08/09/2018 08/09/18 For Sale $1,650,000 -- $550 / 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 $2,332 $55,350 $13,050 $42,300
2024 $2,450 $55,350 $13,050 $42,300
2023 $2,448 $55,350 $13,050 $42,300
2022 $2,362 $55,350 $13,050 $42,300
2021 $2,340 $55,350 $13,050 $42,300
2020 $2,333 $55,350 $13,050 $42,300
2019 $2,337 $55,350 $13,050 $42,300
2018 $2,431 $55,350 $0 $0
2017 $2,328 $55,350 $0 $0
2016 $2,211 $55,350 $0 $0
2015 $1,985 $55,250 $0 $0
2014 $1,970 $52,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Skip Faust

    Seller's Agent in 2018

    Skip Faust

    Coldwell Banker Premier - Rehoboth

    (302) 745-8764

    59 in this area

    158 Total Sales

    Skip Faust
    Section Image
  • DEBBIE REED

    Buyer's Agent in 2018

    DEBBIE REED

    RE/MAX

    (302) 227-3818

    239 in this area

    819 Total Sales

    DEBBIE REED
    Section Image
  • CARRIE HELLENS

    Buyer Co-Listing Agent in 2018

    CARRIE HELLENS

    RE/MAX

    (302) 381-4141

    25 in this area

    89 Total Sales

    CARRIE HELLENS
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002107260

Bright MLS

APN: 335-04.18-4.00

Delaware Sussex County Lewes 19958

600 Pilottown Rd, Lewes, DE

This home is located at 600 Pilottown Rd, Lewes, DE 19958 since 09 August 2018 and is currently estimated at $1,228,621, approximately $409 per square foot. This property was built in 1995. 600 Pilottown Rd 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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