NOT LISTED FOR SALE

8 Lewes Ave Lewes, DE 19958

Estimated Value: $758,160 - $2,708,000

6 Beds
5.5 Baths
5,250 Sq Ft
$312/Sq Ft Est. Value

Last Sold May 27, 2016

Last sale price $1,250,000 $238 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $9,157/month

Highlights

  • Bay View
  • Coastal Architecture
  • Vaulted Ceiling
  • Lewes Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of May 2016

COASTAL CHIC!Impressive Lewes Beach residence delivers on-trend style with limitless appeal. Move in now or invest for the future with $80,000 to $100,000 annual rental income potential in this furnished and sought-after beach enclave location. Stunning, clean architectural lines and metropolitan details frame this 6BR home with 5 en suites, radiant gourmet kitchen with granite, 6-burner stove, double ovens, built-in espresso/coffee maker, wine fridge, and more. Escape to the rooftop deck for open air and miles of views, or entertain on the fabulous wraparound porch amid mellow beach sunsets. The sands of Lewes Beach are steps away; the dining, shopping and history of Downtown Lewes are within a short stroll. The total package!

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: 02/01/2016

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: 02/01/2016

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,758

Year Built

  • Built in 2007

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 70x105
  • Landscaped
  • Ground Rent expires in 56 years
  • Zoning described as TOWN CODES

Home Design

  • Coastal Architecture
  • Block Foundation
  • Rubber Roof
  • Metal Roof
  • HardiePlank Type
  • Stick Built Home

Interior Spaces

  • 5,250 Sq Ft Home
  • Property has 3 Levels
  • Central Vacuum
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Window Screens
  • Great Room
  • Family Room
  • Dining Room
  • Sun or Florida Room
  • Bay Views
  • Basement
  • Sump Pump
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Built-In Double Oven
  • Gas Oven or Range
  • Six Burner Stove
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • Whirlpool Bathtub

Laundry

  • Electric Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Parking

  • Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Deck
  • Screened Patio
  • Wrap Around Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cooling System Utilizes Bottled Gas
  • Heating System Uses Propane
  • Vented Exhaust Fan
  • Tankless Water Heater
  • Propane Water Heater

Community Details

  • No Home Owners Association
  • Lewes Beach Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 335-04.20-82.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,758

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Leasehold
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Year Built: 2007
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Central Vacuum, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Icemaker, Refrigerator, Intercom, Microwave, Oven/Range - Gas, Oven - Double, Oven - Wall, Range Hood, Six Burner Stove, Washer, Water Heater, Water Heater - Tankless
  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Attic, Breakfast Area, Kitchen - Island, Ceiling Fan(s), Intercom, Whirlpool/Hottub, Window Treatments
  • Window Features: Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Block
  • Level Count: 3
  • Levels Count: 3+
  • Room List: Dining Room, Primary Bedroom, Kitchen, Family Room, Sun/Florida Room, Great Room, Additional Bedroom
  • Basement: Yes
  • Basement Type: Sump Pump
  • Living Area Units: Square Feet
  • Total Sq Ft: 5250
  • Living Area Sq Ft: 5250
  • Net Sq Ft: 5250.00
  • Price Per Sq Ft: 280.95
  • Above Grade Finished Sq Ft: 5250
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Hardiplank Type
  • Construction Completed: Yes
  • Exterior Features: Outside Shower
  • Roof: Metal, Rubber
  • View: Bay
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway, Under Home Parking
  • Garage Features: Garage Door Opener
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Forced Air, Propane, Zoned
  • Heating: Yes
  • Hot Water: Propane, Tankless
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Landscaping
  • Lot Size Acres: 0.17
  • Lot Dimensions: 70x105
  • Lot Size Units: Acres
  • Lot Sq Ft: 7405.00
  • Outdoor Living Structures: Deck(s), Porch(es), Screened, Wrap Around
  • Zoning Description: TOWN CODES
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Pymnt Freq: Annually
  • Ground Rent Years Remaining: 56
  • Total Actual Rent: 74300.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5213475
  • Tax Annual Amount: 4758.00
  • Assessor Parcel Number: 335-04.20-82.00
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2010
Bought by
Krigstein Alan and Krigstein Karen L
Current Estimated Value
$1,640,540

Purchase Details

Closed on
Aug 16, 2010
Bought by
Krigstein Alan and Krigstein Karen L
Source: Public Records

Range of Values:

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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
Krigstein Alan $1,500,000 --
Krigstein Alan $1,500,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2016 05/27/16 Sold $1,250,000 -15.3% $238 / Sq Ft
04/05/2016 04/05/16 Pending -- -- --
02/01/2016 02/01/16 For Sale $1,475,000 -- $281 / 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 $6,837 $83,650 $7,150 $76,500
2024 $4,123 $83,650 $7,150 $76,500
2023 $4,119 $83,650 $7,150 $76,500
2022 $3,976 $83,650 $7,150 $76,500
2021 $3,939 $83,650 $7,150 $76,500
2020 $3,927 $83,650 $7,150 $76,500
2019 $3,933 $83,650 $7,150 $76,500
2018 $3,673 $83,650 $0 $0
2017 $3,518 $83,650 $0 $0
2016 $3,341 $83,650 $0 $0
2015 $3,193 $83,650 $0 $0
2014 $3,169 $83,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lee Ann Wilkinson

    Seller's Agent in 2016

    Lee Ann Wilkinson

    BHHS PenFed (actual)

    (302) 278-6726

    1,060 in this area

    1,862 Total Sales

    Lee Ann Wilkinson
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Map

Source: Bright MLS

MLS Number: 1001013644

Bright MLS

APN: 335-04.20-82.00

Delaware Sussex County Lewes 19958

8 Lewes Ave, Lewes, DE

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