NOT LISTED FOR SALE

804 Bay Ave Lewes, DE 19958

Estimated Value: $1,433,000 - $3,635,000

4 Beds
4 Baths
1,900 Sq Ft
$1,324/Sq Ft Est. Value

Last Sold February 17, 2023

Last sale price $4,375,000 $2,303 Per Sq Ft

Est. 42% decrease in value since last sale

Current estimated payment $13,860/month

Highlights

  • 120 Feet of Waterfront
  • Bay View
  • Deck
  • Lewes Elementary School Rated A
  • Coastal Architecture
  • No HOA

About This Home

As of February 2023

BEACHFRONT OPPORTUNITY! Oversized lot, subdividable with city of Lewes permission.

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: 11/10/2022

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: 11/10/2022

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,583

Year Built

  • Built in 1940

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 120.00 x 100.00
  • 120 Feet of Waterfront
  • Home fronts navigable water
  • Subdivision Possible
  • Land Lease expires in 76 years
  • Property is zoned TN

Parking

  • 1 Car Detached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Coastal Architecture
  • Block Foundation
  • Stick Built Home

Interior Spaces

  • 1,900 Sq Ft Home
  • Property has 3 Levels
  • Bay Views

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Water Access
  • Property near a bay
  • Deck
  • Screened Patio
  • Porch

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Lewes Beach Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 335-04.19-49.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,583

Year Built

Built in 1940

Lot Details

0.28 Acres

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Land Lease
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: Yes
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Block
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 1900
  • Living Area Sq Ft: 1900
  • Price Per Sq Ft: 2236.84
  • Above Grade Finished Sq Ft: 1900
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level 2 Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • View: Bay
  • Water Access: Yes
  • Water Body Name: Delaware Bay
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 120

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Lease Amt Freq: Annually
  • Land Lease Years Remaining: 76
  • Lot Features: Subdivision Possible
  • Lot Size Acres: 0.28
  • Lot Dimensions: 120.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12000.00
  • Outdoor Living Structures: Deck(s), Porch(es), Screened
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5213115
  • School Tax: 1355.00
  • Tax Annual Amount: 3583.00
  • Assessor Parcel Number: 335-04.19-49.00
  • Tax Lot: 2
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2022
Closed on
Dec 19, 2022
Sold by
City Of Lewes
Bought by
Revocable Trust Agreement Of Nancy M Adams and Revocable Trust Agreement Of John P Adams Sr
Seller's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$4,250,000
Sold Price
$4,375,000
Premium/Discount to List
$125,000
2.94%
Views
8
Current Estimated Value
$2,515,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,859,307
Avg. Annual Appreciation
-16.40%

Purchase Details

Closed on
Jul 28, 1999
Bought by
Adams Nancy M (Trustee) John P Adams Sr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Revocable Trust Agreement Of Nancy M Adams -- None Listed On Document
Adams Nancy M (Trustee) John P Adams Sr -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2023 02/17/23 Sold $4,375,000 +2.9% $2,303 / Sq Ft
11/10/2022 11/10/22 Pending -- -- --
11/10/2022 11/10/22 For Sale $4,250,000 -- $2,237 / 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 $7,537 $31,450 $18,000 $13,450
2024 $1,550 $31,450 $18,000 $13,450
2023 $1,549 $31,450 $18,000 $13,450
2022 $1,495 $31,450 $18,000 $13,450
2021 $1,481 $31,450 $18,000 $13,450
2020 $1,477 $31,450 $18,000 $13,450
2019 $1,479 $31,450 $18,000 $13,450
2018 $1,381 $31,450 $0 $0
2017 $1,323 $31,450 $0 $0
2016 $1,256 $31,450 $0 $0
2015 $1,200 $31,450 $0 $0
2014 $1,192 $31,450 $0 $0
Source: Public Records

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Map

Source: Bright MLS

MLS Number: DESU2032224

Bright MLS

APN: 335-04.19-49.00

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