NOT LISTED FOR SALE

7 Lancaster Ln Lewes, DE 19958

Estimated Value: $570,000 - $700,000

0.55 Acres
$1,110,522 Price per Acre
23,958 Sq Ft Lot

Last Sold February 03, 2020

Last sale price $157,500

Est. 288% increase in value since last sale

Current estimated payment $3,332/month

232 Days on Market

Highlights

  • 0.55 Acre Lot
  • Community Pool
  • Community Center
  • Love Creek Elementary School Rated A

About This Lot

As of February 2020

Offering a Lewes address with no builder tie-in. Select any builder you want or have me help you select a builder. This location is like no other and with limited lots left in this community now is the time to buy. Located on a half acre of cleared land conveniently near shopping and dining, the neighborhood includes a community clubhouse and a pool.

Last Agent to Sell the Property

Matt Brittingham

(302) 703-6987 jgiles@psre.com Patterson-Schwartz-Rehoboth License #RA-0003405 Listed on: 03/19/2019

Patterson-Schwartz-Rehoboth

Last Buyer's Agent

Deniene Dailey

(302) 313-9949 denienedailey@gmail.com Dailey Dailey Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $349

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 149x160
  • Cleared Lot

HOA Fees

  • $21 Monthly HOA Fees

Utilities

  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 334-06.00-991.00

Community Details

Overview

  • Rolling Meadows Subdivision

Amenities

  • Community Center

Recreation

  • Community Pool

Property Details

Property Type

Land

Est. Annual Taxes

$349

Lot Details

0.55 Acres

HOA Fees

$21 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Vacant
  • New Construction: No
  • Federal Flood Zone: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 6.92

Exterior Features

  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Electric Service: Underground
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 250.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Community Center, Pool - Outdoor
  • HOA: Yes

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cleared
  • Lot Size Acres: 0.55
  • Lot Dimensions: 149x160
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 23836.00
  • Zoning: RESIDENTIAL
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5210743
  • Tax Annual Amount: 349.00
  • Assessor Parcel Number: 334-06.00-991.00
  • Tax Year: 2019

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2019
Closed on
Jan 30, 2020
Sold by
Jadczak Joseph W and Jadczak Catherine E
Bought by
Ramirez Daniel and Ramirez Diana
Seller's Agent
Matt Brittingham
Patterson-Schwartz-Rehoboth
Buyer's Agent
Deniene Dailey
Dailey Dailey Real Estate
List Price
$164,900
Sold Price
$157,500
Premium/Discount to List
-$7,400
-4.49%
Current Estimated Value
$610,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$453,287
Avg. Annual Appreciation
24.74%
Original Mortgage
$421,728
Outstanding Balance
$289,236
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$321,551

Purchase Details

Closed on
Jul 24, 2013
Sold by
Sparks Eugenia B
Bought by
The Eugenia B Sparks Revocable Living Tr

Purchase Details

Closed on
Jul 12, 2013
Sold by
Sparks Eugenia B
Bought by
The Eugenia B Sparks Revocable Living Tr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ramirez Daniel $157,500 None Available
The Eugenia B Sparks Revocable Living Tr -- --
The Eugenia B Sparks Revocable Living Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Daniel $421,728
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/03/2020 02/03/20 Sold $157,500 -4.5% --
11/06/2019 11/06/19 Pending -- -- --
03/19/2019 03/19/19 For Sale $164,900 +26.8% --
03/21/2016 03/21/16 Sold $130,000 -23.1% -- View Prior Sale
03/01/2016 03/01/16 Pending -- -- --
04/27/2015 04/27/15 For Sale $169,000 -- --
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 $1,174 $7,950 $7,950 $0
2024 $1,661 $7,950 $7,950 $0
2023 $1,660 $7,950 $7,950 $0
2022 $1,602 $7,950 $7,950 $0
2021 $1,554 $7,950 $7,950 $0
2020 $373 $7,950 $7,950 $0
2019 $374 $7,950 $7,950 $0
2018 $349 $7,950 $0 $0
2017 $334 $7,950 $0 $0
2016 $318 $7,950 $0 $0
2015 $303 $7,950 $0 $0
2014 $301 $7,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU134520

Bright MLS

APN: 334-06.00-991.00

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