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116 New Rd, Lewes, DE, 19958

$625,000

Home List Price

$7,422*

Closing Credit

5 Bedrooms
3 Full Baths
1,950 SqFt
$321/SqFt
House

Location

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116 New Rd, Lewes$625,000

Buyer Closing Credits

$7,422*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingGarage - Front Entry, Inside Access, Attached Garage, Driveway
Garage1 space
Year Built2001
HeatingForced Air, Heat Pump
CoolingCentral Air
MLS #DESU2063674
Lot Size0.11 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 116 New Rd

Experience the quintessential charm of Lewes, a town steeped in rich maritime history where days are filled with bustling activity and nights exude tranquility. Nestled close to the heart of town, the serene canal, and the inviting beaches (both the bay and ocean), this five-bedroom residence is ideal for intimate family gatherings near the beach. While the living area and kitchen may be cozy, the abundance of bedrooms ensures ample space for accommodating loved ones during seaside retreats. With its potential as a rental property, this home promises not only a cozy haven, but also a lucrative investment opportunity for those seeking a slice of coastal living. This residence offers comfort and convenience on the main level, boasting a first-floor owner's suite, which features a full bathroom with a separate shower and bathtub, complemented by two additional bedrooms and a full bath. On the second floor, there are two generously sized bedrooms accompanied by a full bath. This home effortlessly accommodates both family and guests. If you so desire, unlock the full potential of this home's space and transform it to suit your unique vision. The one-car garage presents an opportunity to craft a cozy family room, while one of the bedrooms could easily be repurposed as a dining area. With the freedom to reimagine and customize the layout to your liking, the possibilities for maximizing this property are endless. Embrace the flexibility to create a living space that perfectly complements your lifestyle and aspirations which captures the essence of coastal living. Seize the opportunity to claim Lewes as your home, summer sanctuary or vacation rental! Immediate Occupancy Available!

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Year Built: 2001
  • Stories: 1
  • Living Area: 1,950 SqFt

Listing Office:

  • Office Name: Patterson-Schwartz-Hockessin
  • Office Phone: (302) 239-3000
  • Listing Agent: MaryBeth Tribbitt

Interior Features

Interior Information:

  • Basement: No
  • Flooring Type: Luxury Vinyl Plank
  • Interior: Combination Kitchen/Living, Crown Moldings, Kitchen - Eat-In, Primary Bath(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Other

Parking Information:

  • Garage Space: 1 space
  • Parking: Garage - Front Entry, Inside Access, Attached Garage, Driveway

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Pilottown Road to New Road to House on Right

Price Information

Listing Price Info

Price Summary:

  • List Price: $625,000
  • Price Per SqFt: $321/SqFt

Tax Information:

  • Annual Amount: $649
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Lewes, DE.

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Lewes, DE

City

Med. Sold Price

$594K

Med. Price/SqFt

$266

Avg. Days On Market

39

# of Sold Homes

86

116 New Rd vs Lewes

171 DAYS ON ROCKET

+132 Days

$625,000

+$30.9K More

$321/SqFt

+$55 More

KEY TAKEAWAY

This property is $30.9K more than the Median Sold Price and $55/SqFt more than other homes in Lewes, DE.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #DESU2063674

Listing Office:

  • Office Name: Patterson-Schwartz-Hockessin
  • Office Phone: (302) 239-3000
  • Listing Agent: MaryBeth Tribbitt

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 10:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 03, 2021Home Sold
$560,000
Jul 02, 2019Home Sold
$349,900

Tax History

YEARPROP. TAXASSESSMENT
2021$649$13,800
2020 - $13,800
2018$606$13,800
2017$580$13,800

History based on county public records data.

Payment Calculator

$3,187

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-648823
8
/10

  • Shields (Richard A.) Elementary School

  • 910 Shields Ave

  • 0.86 miles

  • Public District Grades KG-5

school-card-donut-648824
9
/10

  • Love Creek Elementary School

  • 19488 John J Williams Hwy

  • 4.35 miles

  • Public District Grades KG-5

school-card-donut-648825
9
/10

  • Rehoboth Elementary School

  • 500 Stockley St

  • 5.98 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,056. Typical income of Lewes, DE residents is between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Lewes, DE

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Lewes, DE?

Lewes, Delaware, offers a diverse housing market with a blend of historical charm and modern amenities. The area is known for its coastal cottages, beachfront properties, and colonial-style homes, reflecting its rich history and seaside location. Single-family homes are prevalent, with a mix of condominiums and townhouses available for those seeking a more communal living experience. The homeownership rate in Lewes is high, with a significant portion of residents investing in their properties, indicative of the town's stable real estate market.

Is Lewes, DE a good place to live?

Lewes prides itself on its historic roots and small-town coastal charm. It is celebrated for its well-preserved historical sites, tranquil beaches, and community-oriented atmosphere. The town hosts several annual events that showcase its maritime heritage and local culture, including the Lewes Tulip Festival, Sea Witch Halloween & Fiddler's Festival, and the Lewes Christmas Parade. These events, along with the town's scenic beauty, contribute to a strong sense of community and a laid-back lifestyle.

Are things conveniently located in Lewes, DE?

The community of Lewes is served by a number of essential services, ensuring residents have access to quality education, healthcare, and leisure activities. The town is home to several public schools, offering education from elementary through high school levels, as well as private educational options. Healthcare is readily accessible with a local hospital providing a range of services from emergency care to specialized treatments. Lewes also boasts a public library and a vibrant downtown area with a variety of shops, restaurants, and galleries that reflect the local culture and cuisine.

What does the transportation in Lewes, DE look like?

Transportation in Lewes is characterized by a mix of private and public options, catering to the needs of residents and visitors alike. The town features a network of roads that connect to major highways, facilitating travel to nearby cities and attractions. Public transportation services are available, providing connections within Lewes and to surrounding areas. The town's compact size makes it conducive to walking and biking, with several pedestrian-friendly zones and bike paths. Additionally, ride-share services are operational in the area, complementing the existing transportation infrastructure.

Frequently Asked Questions About 116 New Rd

What is the listing price of this property?

The listing price of 116 New Rd property is $625,000.

What type of property is this?

The property 116 New Rd is a house located in Lewes, Delaware, 19958.

Is this property for sale now?

Accepting Backup Offers: 116 New Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $649 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 3, 2021 for $560,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 116 New Rd has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 116 New Rd is 1,950 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 116 New Rd is 2001.

Rocket Homes›Delaware›Sussex County›Lewes›19958›116 New Rd

This home is located at 116 New Rd in Lewes, DE and zip code 19958. This 1,950 square foot home, which was built in 2001, sits on a 0.11 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 30, 2024 and is currently priced at $625,000.

In October 2024 more than 36 listings in Lewes, DE were sold above the asking price. During the same period more than 12 listings were sold at asking price, while more than 38 were sold below. While the average time on the market in October 2024 was 39 days, the median list price was $594,064.

From Rocket Homes Real Estate and based on county public records data.

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