tomo logo

$475,000

Beds
3
Baths
2.0
sq ft
1,457

33323 E Chesapeake St Unit 30, Lewes, DE 19958

33323 E Chesapeake St Unit 30

LEWES, DE 19958

  • 158 days on market
    • Price drop $10,000↓
Welcome to luxurious living at Villages of Five Points! This meticulously renovated turnkey end unit, boasting high-end finishes, is a gem that promises both comfort and investment potential. Step into a fully furnished haven, thoughtfully designed and renovated in 2023. From the upgraded appliances and premium mattresses to the stylish linens and fully stocked kitchen, every detail has been carefully curated. With three TVs, a den, and a spacious open floor plan, this 3-bedroom condo is the perfect blend of elegance and functionality all in the heart of the community. Generating over $28,000 per year in rental income, this property is not just a home; it's a fantastic investment opportunity. The prime location in the Villages of Five Points adds to its allure. Conveniently situated just minutes away from beautiful beaches and steps from Weis Supermarket, Spa, CVS, and popular restaurants like La Baguette French Bakery, Fish On and Arenas. But the perks don't end there. The community offers a plethora of amenities, including two outdoor pools, multiple tennis courts, bus stops and access to the scenic Breakwater Trail. The strategic location east of Route 1, near the bike path, ensures easy access to the vibrant Downtown Villages of Five Points. Use as your 2nd home or primary residence, or take over the current rentals in place and relish the lifestyle this property affords. The ideal blend of comfort, convenience, and investment potential. Seize this fantastic opportunity and make the Villages of Five Points your new home!

Details

Property type

Condominium

Est. home value

$400,367

Lot size

Unknown

Price per sq ft

$327

Year built

2005

Annual property taxes

$820

Monthly HOA fee

$133.33

Price History

06/24/2024

Bright #DESU2054520

Price change
$475,000
-2.06%
06/06/2024

Bright #DESU2054520

Price change
$485,000
-2.02%
02/02/2024

Bright #DESU2054520

Listed
$495,000
+19.28%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

CAPE HENLOPEN

Community features: 

Pool

School district: 

CAPE HENLOPEN

Seller’s Loan History

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

Lender

Bayfirst National Bk

Loan start date

June 2022

Original loan amount

$332,000

Est. remaining balance

Not provided

Interest rate

5.1%

Loan type

Purchase Money Mortgage

Seller

John J Reinhardt

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: 07/02/2024 at 7:15 PM

Listing updated: 07/01/2024 at 9:43 AM

Listed by: Julie Gritton, Coldwell Banker Premier - Lewes Phone #: (302) 645-2881

MLS: Bright #DESU2054520

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