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$412,000
$420,000
1.9%For more information regarding the value of a property, please contact us for a free consultation.
100 SAVANNAH RD E #5D Lewes, DE 19958
2 Beds
2 Baths
700 SqFt
Key Details
Sold Price $412,000
Property Type Condo
Sub Type Condo/Co-op
Listing Status Sold
Purchase Type For Sale
Square Footage 700 sqft
Price per Sqft $588
Subdivision Lewes Beach
MLS Listing ID DESU164772
Sold Date 03/16/21
Style Unit/Flat
Bedrooms 2
Full Baths 1
Half Baths 1
Condo Fees $1,300/qua
HOA Y/N N
Abv Grd Liv Area 700
Originating Board BRIGHT
Year Built 1975
Annual Tax Amount $1,201
Property Description
Ocean House has been a Lewes Beach landmark since 1975. Enjoy residing or renting this fully furnished, move-in ready condominium that is steps to the waters of Delaware Bay and the public beach. Inside the secure front entry door, a building elevator will take you up to the 5th floor for the best views in town. Inside the unit, you will enjoy bay views and morning sunrises from your private balcony that adds an additional 200 square feet to your living area. This popular unit was rented for every available week during the 2020 summer season and can also be rented during the offseason. 2019 gross rental income was $21,525 (without offseason rental). As a resident, the beach and quaint town of Lewes becomes your backyard playground. Walk to the Lewes Public Beach or bike to Cape Henlopen State Park for the day. Stroll over the Canal Bridge to enjoy the shops and amazing dining options in Historic Lewes. This 25 unit building with reserved parking has five floors with laundry rooms shared by the owners and a storage bin for each unit. For your convenience, there is a laundry room on the same floor as the subject unit. Water, sewer, and trash removal is included in the condo fee. There is an overflow parking lot 100 yards from the building for owners and visitors on busy beach days.
Location
State DE
County Sussex
Area Lewes Rehoboth Hundred (31009)
Zoning TN
Direction East
Rooms
Main Level Bedrooms 2
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Central A/C
Equipment Dishwasher, Disposal, Microwave, Oven/Range - Electric, Refrigerator, Range Hood, Water Heater
Furnishings Yes
Fireplace N
Appliance Dishwasher, Disposal, Microwave, Oven/Range - Electric, Refrigerator, Range Hood, Water Heater
Heat Source Electric
Laundry Shared, Common
Exterior
Exterior Feature Balcony
Garage Spaces 4.0
Parking On Site 1
Utilities Available Cable TV, Phone
Amenities Available Laundry Facilities, Beach, Common Grounds, Elevator, Gated Community, Reserved/Assigned Parking, Storage Bin
Waterfront Description Sandy Beach
Water Access Y
Water Access Desc Public Beach,Canoe/Kayak,Public Access,Swimming Allowed
View Water, Panoramic, Bay
Street Surface Black Top
Accessibility Elevator
Porch Balcony
Road Frontage Public
Total Parking Spaces 4
Garage N
Building
Story 5
Unit Features Mid-Rise 5 - 8 Floors
Sewer Public Septic
Water Public
Architectural Style Unit/Flat
Level or Stories 5
Additional Building Above Grade
New Construction N
Schools
Elementary Schools Lewes
Middle Schools Beacon
High Schools Cape Henlopen
School District Cape Henlopen
Others
Pets Allowed Y
HOA Fee Include Common Area Maintenance,Ext Bldg Maint,Reserve Funds
Senior Community No
Tax ID 335-4.20-145.00-5-D
Ownership Condominium
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Pets Allowed Number Limit
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Bought with SANDRA L WARE • Berkshire Hathaway HomeServices PenFed Realty