tomo logo

$429,000

Beds
4
Baths
2.0
sq ft
2,100

5 Lakewood Dr, Lewes, DE 19958

5 Lakewood Dr

LEWES, DE 19958

  • 42 days on market

Details

Property type

Single Family Residence

Est. home value

$273,423

Lot size

0.25 acres

Price per sq ft

$205

Year built

2019

Annual property taxes

$880

Monthly HOA fee

$19.17

Price History

10/14/2024
Bright

Bright #DESU2072370

Listed
$429,000
+46.92%
12/15/2020
Bright

Bright #DESU164668

Sold
$292,000
+472.55%
08/09/2019
BrightMLS

BrightMLS #1009946538

Sold
$51,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$133,188
Asking price
$429,000
Closing costs (~8% of asking)
-$34,320
Est. remaining loan balance
-$261,492
Cash to seller
$133,188

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

Seller’s Loan History

Lender

Southern Trust Mortgage, Llc

Loan start date

December 2020

Original loan amount

$286,711

Est. remaining balance

$261,492

Interest rate

2.81%

Loan type

FHA, 30 year

Seller

Marisa L Reising and Timothy Musa-Nielsen

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: 11/22/2024 at 12:05 PM

Listing updated: 11/07/2024 at 7:04 AM

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

MLS: Bright #DESU2072370

Bright logo

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