NOT LISTED FOR SALE

609 Savannah Rd Lewes, DE 19958

Estimated Value: $724,000 - $1,010,000

3 Beds
1.5 Baths
1,600 Sq Ft
$508/Sq Ft Est. Value

Last Sold February 28, 2017

Last sale price $430,000 $269 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $4,332/month

Highlights

  • Beach
  • Wood Burning Stove
  • Farmhouse Style Home
  • Lewes Elementary School Rated A
  • Wood Flooring
  • 3-minute walk to Stango Park

About This Home

As of February 2017

ON THE MARKET ?and next to the market! Undeniable appeal lies in living - or working - mere steps to a Lewes icon, Lloyd?s IGA! Classic cedar shingle farmhouse in Historic Lewes offers ready-made potential for a well-located home based business with its residential/limited commercial zoning. Think outside the box and imagine the potential! Property boasts Cape Henlopen Lighthouse stone fireplace, hardwood floors and accents throughout, country kitchen with porcelain sink, three bedrooms, and fantastic in-town backyard! Home sits on a generous cleared lot and offers so many possibilities, from professional services to retail. Walk everywhere, including the beach, dining and of course, grocery shopping!

Last Agent to Sell the Property

Lee Ann Wilkinson

(302) 278-6726 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064 Listed on: 03/21/2016

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Lee Ann Wilkinson

(302) 278-6726 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064 Listed on: 03/21/2016

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,096

Year Built

  • Built in 1931

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 55x125
  • Partially Fenced Property
  • Cleared Lot
  • Historic Home
  • Zoning described as TOWN CODES

Home Design

  • Farmhouse Style Home
  • Block Foundation
  • Architectural Shingle Roof
  • Shingle Siding
  • Stick Built Home
  • Cedar

Interior Spaces

  • 1,600 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Window Treatments
  • Window Screens
  • Mud Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Country Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Microwave

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Parking

  • Attached Carport
  • Stone Driveway
  • Dirt Driveway
  • Off-Street Parking

Outdoor Features

  • Porch

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Oil Water Heater

Listing and Financial Details

  • Assessor Parcel Number 335-08.11-145.00

Community Details

Overview

  • No Home Owners Association

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,096

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Farm House
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: Yes
  • New Construction: No
  • Year Built: 1931
  • Remarks Public: ON THE MARKET ?and next to the market! Undeniable appeal lies in living - or working - mere steps to a Lewes icon, Lloyd?s IGA! Classic cedar shingle farmhouse in Historic Lewes offers ready-made potential for a well-located home based business with its residential/limited commercial zoning. Think outside the box and imagine the potential! Property boasts Cape Henlopen Lighthouse stone fireplace, hardwood floors and accents throughout, country kitchen with porcelain sink, three bedrooms, and fantastic in-town backyard! Home sits on a generous cleared lot and offers so many possibilities, from professional services to retail. Walk everywhere, including the beach, dining and of course, grocery shopping!
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dryer - Electric, Microwave, Oven/Range - Gas, Washer, Water Heater
  • Flooring Type: Hardwood, Laminated
  • Interior Amenities: Attic, Breakfast Area, Kitchen - Country, Combination Kitchen/Dining, Ceiling Fan(s), Window Treatments
  • Window Features: Screens
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 8
  • Room List: Living Room, Dining Room, Kitchen, Laundry, Mud Room, Additional Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Living Area Units: Square Feet
  • Total Sq Ft: 1600
  • Living Area Sq Ft: 1600
  • Net Sq Ft: 1600.00
  • Price Per Sq Ft: 296.88
  • Above Grade Finished Sq Ft: 1600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 609

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Cedar, Shingle Siding
  • Construction Completed: Yes
  • Exterior Features: Sidewalks
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Stone Driveway, Dirt Driveway
  • Type Of Parking: Attached Carport, Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Oil
  • Heating Type: Wood Burn Stove, Baseboard, Hot Water, Oil
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Fencing: Partially
  • Lot Features: Cleared
  • Lot Size Acres: 0.16
  • Lot Dimensions: 55X125
  • Lot Size Units: Acres
  • Lot Sq Ft: 6970.00
  • Outdoor Living Structures: Porch(es)
  • Zoning Description: TOWN CODES
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5216023
  • Tax Annual Amount: 1096.00
  • Assessor Parcel Number: 335-08.11-145.00
  • County Tax Payment Frequency: Annually
  • Close Date: 02/28/2017

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2016
Closed on
Feb 27, 2017
Sold by
Ippoloto Eliane R and Ippolito James Clement
Bought by
Tamburo Julie E and Tamburo Vincent M
Seller's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$499,900
Sold Price
$430,000
Premium/Discount to List
-$69,900
-13.98%
Current Estimated Value
$812,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$382,662
Avg. Annual Appreciation
7.62%
Original Mortgage
$257,000
Outstanding Balance
$213,237
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$599,425
Source: Public Records

Range of Values:

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Average Value
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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
Tamburo Julie E $430,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tamburo Julie E $257,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2017 02/28/17 Sold $430,000 -14.0% $269 / Sq Ft
11/16/2016 11/16/16 Pending -- -- --
03/21/2016 03/21/16 For Sale $499,900 -- $312 / 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 $841 $15,950 $5,300 $10,650
2024 $491 $15,950 $5,300 $10,650
2023 $830 $15,950 $5,300 $10,650
2022 $801 $15,950 $5,300 $10,650
2021 $793 $15,950 $5,300 $10,650
2020 $749 $15,950 $5,300 $10,650
2019 $750 $15,950 $5,300 $10,650
2018 $700 $15,950 $0 $0
2017 $671 $15,950 $0 $0
2016 $637 $15,950 $0 $0
2015 $609 $15,950 $0 $0
2014 $604 $15,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001015320

Bright MLS

APN: 335-08.11-145.00