NOT LISTED FOR SALE

8 Bay Dr Lewes, DE 19958

Estimated Value: $361,000 - $417,913

5 Beds
4 Baths
2,900 Sq Ft
$132/Sq Ft Est. Value

Sale Details

Date Sold: November 22, 2022

Last sale price $1,075,000 $371 Per Sq Ft

Current estimated payment $2,139 / mo

69 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Primary bedroom faces the bay
  • 1 Dock Slip
  • Love Creek Elementary School Rated A
  • Boat Ramp
  • Pier

About This Home

As of November 2022

LIFE ON THE WATER - DON'T MISS THIS OPPORTUNITY; THIS SELLER IS MOTIVATED! Nothing compares to true waterfront living, and this spacious Joy Beach property delivers. Experience exclusive Rehoboth Bay views and direct access from this true water, and nature-lover's, paradise! Enjoy the perfect summer retreat or year-round home complete with private dock and 100 feet of bulk-headed & rip-rapped bay frontage. This home features 2 levels of spacious living offering plenty of space for hosting & entertaining guests with an inverted floor plan that maximizes the sparkling water views. The main level, found on the 2nd floor, offers an open floor plan with engineered hardwood & vinyl flooring, a private bay-front owner's suite with reading nook & en-suite bath, a spacious kitchen with stainless steel appliances & quartz counters, a large rear deck overlooking the sprawling bay, and more. The ground level to this property only adds to its appeal; use this space for yourself - or rent it - featuring a secondary living area / in-law suite that includes: a kitchenette, 2 bedrooms, 2 baths, laundry, and large living room that leads to the bay-front porch. With proven rental history and a near 5-star guest review rating, this property offers a wide array of opportunity! Wake to bay front sunrises, and take in spectacular cotton-candy sunset skies from the comfort of this personal waterfront retreat. Community features both a boat launch and boat slips - all usable, at no cost, to the homeowners within! Call and schedule your showing today!

Last Agent to Sell the Property

Lee Ann Wilkinson

(302) 645-6661 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064 Listed on: 07/08/2022

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Lee Ann Wilkinson

(302) 645-6661 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064 Listed on: 07/08/2022

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,295

Year Built

  • Built in 1969 | Remodeled in 2002

Lot Details

  • 11,814 Sq Ft Lot
  • Lot Dimensions are 100.00 x 118.00 x 100.00 x 118.28
  • 100 Feet of Waterfront
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Premium Lot
  • Back and Front Yard
  • Property is zoned AR-1

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • 5 Driveway Spaces
  • Oversized Parking
  • Side Facing Garage

Property Views

  • Bay
  • Canal

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,900 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Great Room
  • Living Room
  • Dining Room
  • Storm Doors

Kitchen

  • Gourmet Kitchen
  • Kitchenette
  • Second Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Engineered Wood
  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • Primary bedroom faces the bay
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Pier
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property near a bay
  • Bulkhead
  • Rip-Rap
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Lake Privileges
  • Deck
  • Porch

Location

  • Flood Risk

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Well
  • Electric Water Heater
  • Water Conditioner is Owned
  • Mound Septic

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 17
  • Assessor Parcel Number 234-12.00-132.00

Community Details

Overview

  • Association fees include common area maintenance
  • Joy Beach HOA, Phone Number (302) 399-4780
  • Joy Beach Subdivision

Recreation

  • Boat Ramp
  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,295

Year Built

Built in 1969 | Remodeled in 2002

Lot Details

0.27 Acres

HOA Fees

$42 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Reverse
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Exclusions: Primary Bathroom's hanging mirror
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1969
  • Year Renovated: 2002
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Washer, Dryer, Extra Refrigerator/Freezer, Microwave, Oven/Range - Electric, Refrigerator, Water Heater, Water Conditioner - Owned
  • Flooring Type: Carpet, Luxury Vinyl Tile, Engineered Wood
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Kitchenette, Pantry, Primary Bath(s), Primary Bedroom - Bay Front, Upgraded Countertops, 2nd Kitchen
  • Fireplace: No
  • Door Features: Storm
  • Wall Ceiling Types: Vaulted Ceilings, Cathedral Ceilings
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Foyer, Great Room, Laundry, Primary Bathroom, Full Bath, Additional Bedroom
  • Basement: No
  • Laundry Type: Lower Floor
  • Total Sq Ft: 2900
  • Living Area Sq Ft: 2900
  • Price Per Sq Ft: 446.55
  • Above Grade Finished Sq Ft: 2900
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding, Stick Built
  • Exterior Features: Outside Shower
  • Roof: Shingle
  • View: Bay, Canal
  • Water Access Features: Canoe/Kayak, Fishing Allowed, Private Access
  • Water Access: Yes
  • Water Body Name: Rehoboth Bay
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Built In, Inside Access, Garage - Side Entry, Oversized
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 5

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Mound System
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 500.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Boat Ramp, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA Name: JOY BEACH HOA
  • HOA Phone: 302-399-4780
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 21650.00
  • Land Assessed Value: 5850.00
  • Lot Features: Bulkheaded, Front Yard, Premium, Rip-Rapped, Rear Yard
  • Lot Size Acres: 0.27
  • Lot Dimensions: 100.00 x 118.00 x 100.00 x 118.28
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11814.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Total Actual Rent: 13696.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5149017
  • School Tax: 1173.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1295.00
  • Assessor Parcel Number: 234-12.00-132.00
  • Tax Lot: 17
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

Multi Family

  • Waterfront Features: Private Dock Site, Rip-Rap

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2016
Sold by
Betton Kelso Gail
Bought by
Diaz Patsy J
Current Estimated Value
$383,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,640
Outstanding Balance
$23,562
Interest Rate
3.45%
Estimated Equity
$360,166

Purchase Details

Closed on
Sep 26, 1995
Bought by
Kelso Gail Betton
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Diaz Patsy J $218,298 None Available
Kelso Gail Betton $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelso Gail Betton $29,640
Open Diaz Patsy J $218,298
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2022 11/22/22 Sold $1,075,000 -17.0% $371 / Sq Ft
09/15/2022 09/15/22 Pending -- -- --
08/11/2022 08/11/22 Price Changed $1,295,000 -7.2% $447 / Sq Ft
07/26/2022 07/26/22 Price Changed $1,395,000 -7.0% $481 / Sq Ft
07/08/2022 07/08/22 For Sale $1,500,000 -- $517 / Sq Ft
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 $734 $19,000 $1,400 $17,600
2024 $798 $19,000 $1,400 $17,600
2023 $797 $19,000 $1,400 $17,600
2022 $784 $19,000 $1,400 $17,600
2021 $761 $19,000 $1,400 $17,600
2020 $727 $19,000 $1,400 $17,600
2019 $723 $19,000 $1,400 $17,600
2018 $730 $19,000 $0 $0
2017 $736 $19,000 $0 $0
2016 $650 $19,000 $0 $0
2015 $670 $19,000 $0 $0
2014 $660 $19,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2025108

Bright MLS

APN: 133-17.14-4.00

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