tomo logo

$425,000

Beds
3
Baths
2.0
sq ft
1,840

17432 Slipper Shell Way Unit 3105, Lewes, DE 19958

17432 Slipper Shell Way Unit 3105

LEWES, DE 19958

  • 111 days on market
Investor alert!! Add to your portfolio in the new year with this lovely first floor, 3-bedroom, 2-bathroom unit. Boasting a spacious open floor plan, the unit features a cozy gas fireplace, perfect for creating a warm and inviting atmosphere. Enjoy easy access to local amenities, including shopping, dining, and entertainment, as well as the nearby beaches for relaxing days by the water. With its prime location, this property offers both long-term rental potential and a vacation retreat for future tenants. Don’t miss out on this prime investment in a sought-after area. Year-round tenant in place until April 30, 2025.

Details

Property type

Condominium

Est. home value

$338,184

Lot size

Unknown

Price per sq ft

$231

Year built

2006

Annual property taxes

$1,479

HOA

No

Price History

12/17/2024
Bright

Bright #DESU2075880

Listed
$425,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

School district: 

CAPE HENLOPEN

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$226,247
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$164,753
Cash to seller
$226,247

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

July 2012

Original loan amount

$233,700

Est. remaining balance

$164,753

Interest rate

3.67%

Loan type

Not Provided, 30 year

Seller

John L Essaf and Margaret V Essaf

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/07/2025 at 1:45 PM

Listing updated: 12/17/2024 at 12:14 PM

Listed by: Katie Green, Jack Lingo - Lewes Phone #: (302) 645-2207

MLS: Bright #DESU2075880

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