11 Michigan Avenue

Lewes, DE 19958

$1,050,000
Last Sold Price
6
Beds
5
Baths
1
1/2 Bath
3,863 Sq. Ft.
$272 / Sq. Ft.
3,863
Sq. Ft.
$272
per Sq. Ft.

Description

Unique investment opportunity! Seize your chance to shine twice as bright on Lewes Beach with this two-for-one beach retreat! Double your investment in this unique property on a premier corner lot, on the bay side of Cedar Avenue. Seller has started the approval process to create condominiums so that each unit can be sold separately. After approval is complete, units will be listed separately with market value pricing for each unit. Now is the time to maximize your investment potential! Start your...Unique investment opportunity! Seize your chance to shine twice as bright on Lewes Beach with this two-for-one beach retreat! Double your investment in this unique property on a premier corner lot, on the bay side of Cedar Avenue. Seller has started the approval process to create condominiums so that each unit can be sold separately. After approval is complete, units will be listed separately with market value pricing for each unit. Now is the time to maximize your investment potential! Start your beach life steps to the sand and a short bike ride to Downtown Lewes shopping, dining, and fabulous coastal recreation!

Property Details for 11 Michigan Avenue

Tax ID Number
335-04.15-49.00
Ownership
Land Lease
Condo Coop Association
No
HOA
No
Structure Type
Detached
Style
Coastal
Levels/Stories
2
Waterfront
No

Location

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LISTING UPDATED: 06/11/2020 01:39 PM

Property Details for 11 Michigan Avenue

StatusClosed
MLS #DESU141826
Days on Market116
Taxes$3,239 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Land Lease
Year Built1972
Lot Size0.20 AC / 8,638 SF
CountySussex County

Location

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Virtual Tour

Building Information for 11 Michigan Avenue

Stories2Year Built1972Building Size-Lot Size0.20 AC / 8,638 SF

Payment Calculator

$6,000 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,730

Property Taxes

$270

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 11 Michigan Avenue

Location
Location
  • In City Limits: Yes
  • School District Name: CAPE HENLOPEN
  • School District County ID: 300200396895
  • SchoolDistrictSource: Listing Agent
  • County: SUSSEX
  • MLS Area: Lewes Rehoboth Hundred (31009)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Senior Community: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2018
  • Year Assessed: 2018
  • County Tax: $205
  • City Town Tax: $1,215
  • Clean Green Assessed: No
  • Land Use Code: RS
  • Zoning: Q
  • School Tax: $1,819
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Concessions: No
Rooms
Main
  • # Bedrooms Count Main Level: 5
  • # Bathrooms Count Main Level: 4
  • # Bathrooms Full Main Level: 3
  • # Bathrooms Half Main Level: 1
All Upper Levels
  • # Bedrooms Count All Upper Levels: 1
  • # Bathrooms Count All Upper Levels: 2
  • # Bathrooms Full All Upper Levels: 2
Upper Level 1
  • # Bedrooms Count Upper Level: 1
  • # Bathrooms Count Upper Level: 2
  • # Bathrooms Full Upper Level: 2
Rooms
  • Room List: Living Room, Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Sun/Florida Room, Laundry, Office, Bathroom 2, Bathroom 3, Master Bathroom
  • Stories: Main, Upper 1
Building Info
Building Info
  • Total Finished SQFT: 3,863.00
  • Total Finished SQFT Source: Estimated
  • Tax Total Finished SQFT: 2,120.00
  • Total SQFT: 3,863.00
  • Total SQFT Source: Estimated
  • Construction Materials: Stick Built, Vinyl Siding
  • Roof: Architectural Shingle
  • Flooring Type: Carpet, Ceramic Tile
  • Foundation Details: Crawl Space
  • Room and Floor: Bedrooms-Main Level-1, Bedrooms-Main Level-2, Bedrooms-Main Level-3, Bedrooms-Main Level-4, Bedrooms-Main Level-5, Bathrooms Full-Main Level-1, Bathrooms Full-Main Level-2, Bathrooms Full-Main Level-3, Bathrooms Half-Main Level-1, Bedrooms-Upper Level 1-1, Bathrooms Full-Upper Level 1-1, Bathrooms Full-Upper Level 1-2
  • # Bathrooms Full: 5
  • # Bathrooms Half: 1
  • Other Structure: Above Grade, Below Grade
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 60.00 x 144.00
  • Parcel ID: 5212899
  • Land Lease Amount: $0
  • Land Lease Amount Frequency: Annually
  • Land Lease Years Remaining: 91
Parking
Parking
  • Type Of Parking: Attached Garage, Driveway
  • Num of Attached Garage Spaces: 2
  • Total Garage Spaces: 2
  • Garage Features: Garage Door Opener
Interior Features
Interior Features
  • Interior Features: 2nd Kitchen, Attic, Built-Ins, Combination Dining/Living, Entry Level Bedroom, Exposed Beams, Floor Plan - Traditional, Kitchen - Eat-In, Master Bath(s), Walk-in Closet(s), Window Treatments, Ceiling Fan(s)
  • Fireplace: Yes
  • Fireplaces Count: 2
  • Fireplace Features: Gas/Propane
  • Appliances: Built-In Range, Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Trash Compactor, Washer, Icemaker
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Outdoor Living Structures: Porch(es), Screened
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Hot Water
  • Heating Fuel: Oil
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: Circuit Breakers

Property History for 11 Michigan Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 11 Michigan Avenue

Taxable ValueLand$10,450Additions$35,650Total$46,100
Tax Record2023$2,270 ($189 / month)
Home Facts
Beds0Total Finished SqFt5,840 SqFtAbove Grade Finished SqFt5,840 SqFtStories2Lot Size8,638 SqFtStyleSingle Family ResidenceYear Built1972ZoningTNCountySUSSEXAPN335-4.15-49.00

Schools near 11 Michigan Avenue

This home is within Cape Henlopen School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Shields (Richard A.) Elementary School
PublicK to 5

Mariner Middle School
Public6 to 8

Cape Henlopen High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.