NOT LISTED FOR SALE

660 Pilottown Rd Lewes, DE 19958

3.3 Acres
-- Price per Acre
143,748 Sq Ft Lot

Last Sold April 02, 2021

Last sale price $3,500,000

Highlights

  • 1 Dock Slip
  • Pier
  • 3.3 Acre Lot
  • Lewes Elementary School Rated A
  • Home fronts navigable water
  • Canal View

About This Lot

As of April 2021

Former Lewes Dairy property with development potential within City of Lewes. Current zoning is Industrial (I) and would require rezoning for residential use. No approvals were in place at the time of sale. Existing buildings sold in AS-IS condition. Total of 3.3 acres.

Last Agent to Sell the Property

Bryce Lingo

(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 04/03/2021

Jack Lingo - Rehoboth

Co-Listed By

Shaun Tull

(302) 226-6417 shaun@rbre.com Jack Lingo - Rehoboth License #RS-0016284

Last Buyer's Agent

Richard Bryan

(302) 645-4800 richardleebryan@gmail.com Delaware Coastal Realty License #RB-0020623

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,774

Lot Details

  • 3.3 Acre Lot
  • Lot Dimensions are 247x371
  • Home fronts navigable water
  • Home fronts a canal
  • Additional parcel is 335-04.14-110.00
  • Subdivision Possible
  • Property is zoned TN, Industrial

Additional Features

  • Canal Views
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 335-04.14-111.00

Community Details

Overview

  • No Home Owners Association

Recreation

  • Pier
  • Access to Tidal Water
  • Private Water Access
  • Property is near a canal
  • Rip-Rap
  • 1 Dock Slip
  • Physical Dock Slip Conveys

Property Details

Property Type

Land

Est. Annual Taxes

$3,774

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Current Use: Industrial
  • New Construction: No
  • Federal Flood Zone: No
  • Remarks Public: Former Lewes Dairy property with development potential within City of Lewes. Current zoning is Industrial (I) and would require rezoning for residential use. No approvals were in place at the time of sale. Existing buildings sold in AS-IS condition. Total of 3.3 acres.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 27.79
  • Street Number Modifier: 660

Exterior Features

  • Construction Completed: No
  • View: Canal, Water
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Name: Lewes Rehoboth Canal
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: Additional parcel is 335-04.14-110.00
  • Lot Features: Subdivision Possible, Rip-Rapped
  • Lot Size Acres: 3.30
  • Lot Dimensions: 247x371
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 143748.00
  • Year Assessed: 2020
  • Zoning: TN
  • Zoning Description: Industrial
  • Farmland Preservation: No
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2397.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 3774.00
  • Assessor Parcel Number: 335-04.14-111.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 04/02/2021

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2023
Sold by
Ecmm At Delaware Llc and Rjl Associates Inc
Bought by
Roosevelt Landing Llc

Purchase Details

Listed on
Apr 3, 2021
Closed on
Mar 31, 2021
Sold by
Ldf Inc
Bought by
Ecmm At Delaware Llc
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Richard Bryan
Delaware Coastal Realty
List Price
$3,995,000
Sold Price
$3,500,000
Premium/Discount to List
-$495,000
-12.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Roosevelt Landing Llc -- None Listed On Document
Ecmm At Delaware Llc $2,075,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ecmm At Delaware Llc $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2021 04/03/21 For Sale $3,995,000 +14.1% --
04/02/2021 04/02/21 Sold $3,500,000 -- --
04/02/2021 04/02/21 Pending -- -- --
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 $3,111 $56,400 $17,200 $39,200
2024 $2,780 $56,400 $17,200 $39,200
2023 $2,777 $56,400 $17,200 $39,200
2022 $2,681 $56,400 $17,200 $39,200
2021 $2,656 $56,400 $17,200 $39,200
2020 $2,648 $56,400 $17,200 $39,200
2019 $2,652 $56,400 $17,200 $39,200
2018 $2,477 $56,400 $0 $0
2017 $2,372 $56,400 $0 $0
2016 $2,253 $56,400 $0 $0
2015 $2,153 $56,400 $0 $0
2014 $2,137 $56,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU180278

Bright MLS

APN: 335-04.14-111.00