NOT LISTED FOR SALE

87 Lake Shore Dr Lewes, DE 19958

Estimated Value: $399,000 - $437,000

3 Beds
2 Baths
1,560 Sq Ft
$271/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $385,000 $247 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,386/month

4 Days on Market

Highlights

  • View of Trees or Woods
  • Open Floorplan
  • Rambler Architecture
  • Love Creek Elementary School Rated A
  • Deck
  • Backs to Trees or Woods

About This Home

As of May 2022

CLOSE TO THE BEACH. Don't miss this 3-bedroom home in Lochwood! Convenient one-level living with the potential to finish off the second level walk up attic for even more living space is the perfect weekend getaway or year-round residence; located only a short drive to Lewes and Rehoboth Beaches, shopping, dining, and attractions. Homes features a split-bedroom floor plan with the owner's suite separate from the two additional bedrooms - all with generously sized walk-in closets (3 in the owner's suite), eat-in kitchen with large center island open to the living & dining rooms, 3-season screened porch, huge fenced in backyard with rear deck & detached storage shed, an attached oversized (24'x24') 2-car garage, and so much more! Call Today!

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: 03/31/2022

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Anita Roughton

(410) 430-3378 anita@leskotothebeachgroup.com Iron Valley Real Estate at The Beach License #RS0024874

Iron Valley Real Estate at The Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $916

Year Built

  • Built in 2015

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 112.00 x 142.00
  • Landscaped
  • Backs to Trees or Woods
  • Back Yard Fenced and Front Yard
  • Property is zoned AR1

HOA Fees

  • $18 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 4 Driveway Spaces
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Front Facing Garage

Property Views

  • Woods
  • Garden

Home Design

  • Rambler Architecture
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,560 Sq Ft Home
  • Property has 1.5 Levels
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Living Room
  • Combination Kitchen and Dining Room
  • Screened Porch
  • Crawl Space
  • Attic

Kitchen

  • Country Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Accessible Home Design

  • Ramp on the main level

Outdoor Features

  • Deck
  • Screened Patio
  • Shed
  • Outbuilding

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Electric Water Heater
  • Gravity Septic Field

Community Details

  • Association fees include road maintenance
  • Lochwood Subdivision

Listing and Financial Details

  • Tax Lot 34
  • Assessor Parcel Number 234-11.00-127.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$916

Year Built

Built in 2015

Lot Details

0

HOA Fees

$18 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Ramp - Main Level
  • Ownership: Fee Simple
  • Inclusions: Firepit, sofa in 3-season room (screened porch)
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-03-31
  • Federal Flood Zone: No
  • Year Built: 2015
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer, Dryer, Dishwasher, Oven/Range - Electric, Microwave, Refrigerator, Stainless Steel Appliances, Water Heater
  • Flooring Type: Carpet, Luxury Vinyl Plank
  • Interior Amenities: Attic, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Entry Level Bedroom, Floor Plan - Open, Kitchen - Country, Kitchen - Island, Primary Bath(s), Recessed Lighting, Walk-In Closet(s)
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 1.5
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Laundry, Attic, Primary Bathroom, Full Bath, Screened Porch, Additional Bedroom
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1560
  • Living Area Sq Ft: 1560
  • Price Per Sq Ft: 243.53
  • Above Grade Finished Sq Ft: 1560
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Frame, Stick Built, Vinyl Siding
  • Exterior Features: Outbuilding(s)
  • Roof: Shingle
  • View: Trees/Woods, Garden/Lawn, Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Garage - Front Entry, Additional Storage Area, Inside Access, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Gravity Sept Fld
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 220.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Road Maintenance
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Rear
  • Lot Features: Backs To Trees, Front Yard, Landscaping, Rear Yard
  • Lot Size Acres: 0.36
  • Lot Dimensions: 112.00 x 142.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15682.00
  • Outdoor Living Structures: Deck(s), Screened, Porch(es)
  • Zoning: AR1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5147901
  • School Tax: 829.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 916.00
  • Assessor Parcel Number: 234-11.00-127.00
  • Tax Lot: 34
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
May 31, 2022
Sold by
Bowen Ted M
Bought by
Willis Matthew and Phillips Charlene
Seller's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Anita Roughton
Iron Valley Real Estate at The Beach
List Price
$379,900
Sold Price
$385,000
Premium/Discount to List
$5,100
1.34%
Current Estimated Value
$422,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,618
Avg. Annual Appreciation
2.66%
Original Mortgage
$308,000
Outstanding Balance
$292,625
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$129,993

Purchase Details

Closed on
Jul 8, 2016
Sold by
Lochwood Development Llc
Bought by
Bowen Elinore L and Bowen Ted M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.6%
Mortgage Type
New Conventional
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
Willis Matthew $385,000 Scott And Shuman Pa
Bowen Elinore L $258,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willis Matthew $308,000
Previous Owner Bowen Elinore L $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2022 05/31/22 Sold $385,000 +1.3% $247 / Sq Ft
04/05/2022 04/05/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $379,900 -- $244 / 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 $1,744 $19,450 $2,200 $17,250
2024 $1,217 $19,450 $2,200 $17,250
2023 $1,219 $19,450 $2,200 $17,250
2022 $1,169 $19,450 $2,200 $17,250
2021 $774 $19,450 $2,200 $17,250
2020 $773 $19,450 $2,200 $17,250
2019 $772 $19,450 $2,200 $17,250
2018 $743 $19,450 $0 $0
2017 $818 $19,450 $0 $0
2016 $1,001 $18,850 $0 $0
2015 $310 $2,200 $0 $0
2014 $309 $2,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2019022

Bright MLS

APN: 234-11.00-127.00