2 months on rocket

8 Rhode Island Ave, Lewes, DE, 19958

$2,125,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
3 Full Baths
3,290 SqFt
$646/SqFt
House

Location

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8 Rhode Island Ave, Lewes$2,125,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage - Side Entry, Gravel Driveway, Driveway, Attached Garage
Garage1 space
Year Built1974
HeatingForced Air, Zoned
CoolingCentral Air
BasementYes
ViewBay
MLS #DESU2072812
Lot Size0.14 Acres
StatusActive
(ACTIVE)

About 8 Rhode Island Ave

Unbeatable location on the Corner of Bay and Rhode Island! Just one house off the beach with enough space for everyone and an incredible rental history. Run away to this classic coastal home to rediscover your favorite beach memories and unfold new ones. The spacious wraparound screened porch sets the table for bushels of crabs and sunset happy hours. Bright, beachy interior offers ample space to relax; original wood trim accents, wood floors and character; two first-floor bedrooms, five second floor bedrooms, outdoor shower and huge garage for bikes, kayaks, paddle boards and more! Host family and friends effortlessly with built-in fun on the Delaware Bay, or take a bike ride to in-town Historic Lewes, dining, shopping, fantastic Cape Henlopen State Park, the library, and bike path to Rehoboth Beach. Enjoy some beach time all to yourself or enjoy a strong rental market in this beach block gem on the Delaware Coast.

Property Details

Property Features

Property Information:

  • Architectural Style: Coastal
  • Year Built: 1974
  • Stories: 2
  • Living Area: 3,290 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices PenFed Realty
  • Office Phone: (302) 645-6661
  • Listing Agent: Lee Ann Wilkinson

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator, Microwave, Oven, Electric Range, Washer, Water Heater, Dryer, Range Hood, Stainless Steel Appliances
  • Basement: Yes
  • Flooring Type: Hardwood, Tile/Brick
  • Interior: Attic, Combination Kitchen/Dining, Entry Level Bedroom, Ceiling Fan(s), Dining Area, Exposed Beams, Kitchen - Country, Pantry, Primary Bath(s), Recessed Lighting, Wood Floors

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • View: Bay
  • Exterior: Outside Shower

Parking Information:

  • Garage Space: 1 space
  • Parking: Garage - Side Entry, Gravel Driveway, Driveway, Attached Garage

Lot Features

Lot Information:

  • Lot: Landscaped, Corner Lot
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Zoned
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Head East on Savannah Road towards Lewes Beach, left on Cedar, right on Rhode Island Ave - Property will be on the left, on the corner of Bay & Rhode Island

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,125,000
  • Price Per SqFt: $646/SqFt

Tax Information:

  • Annual Amount: $968
  • 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

$599.6K

Med. Price/SqFt

$268

Avg. Days On Market

40

# of Sold Homes

58

8 Rhode Island Ave vs Lewes

63 DAYS ON ROCKET

+23 Days

$2,125,000

+$1.5M More

$646/SqFt

+$378 More

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price and $378/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: #DESU2072812

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices PenFed Realty
  • Office Phone: (302) 645-6661
  • Listing Agent: Lee Ann Wilkinson

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: 12/22/2024, 2:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$968$20,550
2020$964$20,550
2018$902$20,550
2017$864$20,550

History based on county public records data.

Payment Calculator

$10.6K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,437

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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-851482
8
/10

  • Shields (Richard A.) Elementary School

  • 910 Shields Ave

  • 1.11 miles

  • Public District Grades KG-5

school-card-donut-851483
9
/10

  • Love Creek Elementary School

  • 19488 John J Williams Hwy

  • 4.61 miles

  • Public District Grades KG-5

school-card-donut-851484
9
/10

  • Rehoboth Elementary School

  • 500 Stockley St

  • 5.80 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 $72,414. Most Lewes, DE residents have annual incomes between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

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 are the common housing types 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.

What are the advantages of living in Lewes, DE?

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 essential services in Lewes, DE convenient?

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.

How do Lewes, DE residents get around?

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 8 Rhode Island Ave

What is the listing price of this property?

The listing price of 8 Rhode Island Ave property is $2,125,000.

What type of property is this?

The property 8 Rhode Island Ave is a house located in Lewes, Delaware, 19958.

Is this property for sale now?

Active Listing: 8 Rhode Island Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $968 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 8 Rhode Island Ave has 7 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 8 Rhode Island Ave is 3,290 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8 Rhode Island Ave is 1974.

Rocket Homes›Delaware›Sussex County›Lewes›19958›8 Rhode Island Ave

This home is located at 8 Rhode Island Ave in Lewes, DE and zip code 19958. This 3,290 square foot home, which was built in 1974, sits on a 0.14 acre lot. Features: 7 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 19, 2024 and is currently priced at $2,125,000.

In November 2024, from all listings sold in Lewes, DE there were more than 11 sold above asking price, over 40 sold below and more than 7 were sold right at the asked price. Between October 2024 and November 2024, Lewes, DE real estate market has seen decrease in the number of listings by 14.3%. Listings spent 40 days on the market in November 2024, and had a median list price of $599,662 during the same period.

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

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