tomo logo

$1,650,000

Beds
4
Baths
3.0
sq ft
2,126

514 Railroad Ave, Lewes, DE 19958

514 Railroad Ave

LEWES, DE 19958

  • 4 days on market
Historic Lewes home completely renovated from foundation to roof top! Classic sleek design meets upscale sought after comforts - including 4 bedrooms, 3 baths, hardwood flooring throughout, gourmet kitchen with quartz countertops, stainless steel appliances, & large center island/breakfast bar, inviting living room with gas fireplace and wet bar, bright inviting sunroom, first floor bedroom and much more. Upstairs you will enjoy the second floor loft, with 3 bedrooms, including the spacious owner's suite with custom walk-in closet, and en suite bath. Relaxing is easy on the wraparound front porch or rear patio overlooking the fenced backyard, including an outdoor shower. Oversized lot with off-street parking and room to add a 2 car garage and pool! Stroll steps to the library, groceries, downtown restaurants and shopping; the beach and bay are just a bike ride away. Truly and a must see.

Details

Property type

Single Family Residence

Est. home value

$576,963

Lot size

5,663 sq ft

Price per sq ft

$777

Year built

1914

Annual property taxes

$1,374

HOA

No

Price History

11/08/2024
Bright

Bright #DESU2073968

Listed
$1,650,000
+175.05%
11/03/2022
Bright

Bright #DESU2031876

Sold
$599,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

The Victory Bank

Loan start date

June 2023

Original loan amount

$504,000

Est. remaining balance

Not provided

Interest rate

6.27%

Loan type

Building or Construction Loan

Seller

Nk Realty Group Llc

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: 11/12/2024 at 5:40 PM

Listing updated: 11/08/2024 at 4:59 PM

Listed by: Lee Ann Wilkinson, Berkshire Hathaway HomeServices PenFed Realty Phone #: (302) 645-6661

MLS: Bright #DESU2073968

Bright logo

Recently listed in LEWES

$495,000|3 bd|2.0 ba|Condo
$557,000|3 bd|2.0 ba|House
$1,650,000|4 bd|3.0 ba|House
$774,900|4 bd|3.0 ba|House
$835,000|3 bd|2.5 ba|House
$749,500|4 bd|3.0 ba|House
$759,900|4 bd|3.5 ba|House