NOT LISTED FOR SALE

7 Maine Ave Lewes, DE 19958

Estimated Value: $1,629,000 - $2,302,000

3 Beds
2 Baths
1,500 Sq Ft
$1,231/Sq Ft Est. Value

Last Sold July 12, 2017

Last sale price $1,325,000 $883 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $9,988/month

Highlights

  • Beach
  • Bay View
  • Main Floor Bedroom
  • Lewes Elementary School Rated A
  • Deck
  • Attic

About This Home

As of July 2017

Beach cottage steps to the sand on a double lot! Fix it and make it your own or build new. Location -?one off? the beach is a rare find. Direct and Unobstructed views of the Delaware Bay- Beach and Lewes Rehoboth Canal and Deep Hole Creek. This Property is Subdividable.

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: 02/08/2017

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: 02/08/2017

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,963

Year Built

  • Built in 1947

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 80x144
  • Cleared Lot
  • Subdivision Possible
  • Zoning described as TOWN CODES

Home Design

  • Cottage
  • Architectural Shingle Roof
  • Asbestos
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,500 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Combination Kitchen and Living
  • Bay Views
  • Storm Doors
  • Attic

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Stone Driveway
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck

Location

  • Flood Risk

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 335-04.14-49.00

Community Details

Overview

  • No Home Owners Association
  • Lewes Beach Subdivision

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,963

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Leasehold
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Oven/Range - Electric, Range Hood, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Attic, Combination Kitchen/Living, Entry Level Bedroom, Ceiling Fan(s)
  • Fireplace: No
  • Door Features: Storm
  • Foundation Details: Pilings
  • Level Count: 2
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1500
  • Living Area Sq Ft: 1500
  • Net Sq Ft: 1500.00
  • Price Per Sq Ft: 1000.00
  • Above Grade Finished Sq Ft: 1500
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Asbestos
  • Construction Completed: Yes
  • Roof: Architectural Shingle
  • View: Bay
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 4
  • Parking Features: Stone Driveway
  • Number Of Parking Spaces Included: 3+ Car Parking
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • 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

Lot Info

  • Lot Features: Cleared, Subdivision Possible
  • Lot Size Acres: 0.26
  • Lot Dimensions: 80x144
  • Lot Size Units: Acres
  • Lot Sq Ft: 11326.00
  • Outdoor Living Structures: Balcony, Deck(s)
  • Zoning Description: TOWN CODES
  • In City Limits: Yes

Rental Info

  • Ground Rent Pymnt Freq: Annually
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5212792
  • Tax Annual Amount: 1963.00
  • Assessor Parcel Number: 335-04.14-49.00
  • 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
Feb 8, 2017
Closed on
Jul 12, 2017
Sold by
The City Of Lewes
Bought by
Raynelle F Heidrick Trust Dated Sept 15
Seller's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$1,500,000
Sold Price
$1,325,000
Premium/Discount to List
-$175,000
-11.67%
Current Estimated Value
$1,846,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$521,308
Avg. Annual Appreciation
4.08%
Original Mortgage
$1,088,000
Outstanding Balance
$904,441
Interest Rate
3.91%
Mortgage Type
Construction
Estimated Equity
$941,867
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
Raynelle F Heidrick Trust Dated Sept 15 -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raynelle F Heidrick Trust Dated Sept 15 $1,088,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2017 07/12/17 Sold $1,325,000 -11.7% $883 / Sq Ft
03/14/2017 03/14/17 Pending -- -- --
02/08/2017 02/08/17 For Sale $1,500,000 -- $1,000 / 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 $3,665 $24,950 $13,900 $11,050
2024 $2,947 $24,950 $13,900 $11,050
2023 $2,945 $24,950 $13,900 $11,050
2022 $2,842 $24,950 $13,900 $11,050
2021 $2,816 $24,950 $13,900 $11,050
2020 $2,808 $24,950 $13,900 $11,050
2019 $2,812 $24,950 $13,900 $11,050
2018 $940 $21,400 $0 $0
2017 $1,049 $24,950 $0 $0
2016 $997 $24,950 $0 $0
2015 $952 $24,950 $0 $0
2014 $945 $24,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lee Ann Wilkinson

    Seller's Agent in 2017

    Lee Ann Wilkinson

    BHHS PenFed (actual)

    (302) 278-6726

    1,064 in this area

    1,870 Total Sales

    Lee Ann Wilkinson
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Map

Source: Bright MLS

MLS Number: 1001031226

Bright MLS

APN: 335-04.14-49.00

Delaware Sussex County Lewes 19958

7 Maine Ave, Lewes, DE

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