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5 Cedarwood Dr, Lewes, DE, 19958

$349,000

Home List Price

$4,144*

Closing Credit

3 Bedrooms
2 Full Baths
1,227 SqFt
$284/SqFt
House
Schools Nearby

Location

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5 Cedarwood Dr, Lewes$349,000

Buyer Closing Credits

$4,144*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage - Front Entry, Driveway, Attached Garage
Garage1 space
Year Built1998
HeatingForced Air
CoolingCentral Air
MLS #DESU2058582
Lot Size0.23 Acres
StatusActive
(ACTIVE)

About 5 Cedarwood Dr

Charming Rancher Located in the Community of Lochwood. Coastal Living in a Serene Setting Close to Burton's Pond. This 3 bedroom, 2 bath Rancher with off street Parking and Garage is perfect for a year Round Rental Investment or for your Beach Retreat. Sit on your Front Porch or Relax on your Back Deck. Spacious Backyard, Great for Gardening or Entertaining. Close to Golf Course, Beaches, Boardwalk, Restaurants and Shopping. Home Is Sold As Is and is Part of an Estate Sale. Lochwood is in the Sussex County near term Sewer District, there will Future Utility Connection Fees. Check the HOA website for Sewer Update. www.lochwoodpoa.com/p/Sewersystem-Updates.com or call County Utility Planning. Project has started in the far back of Community.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch/Rambler
  • Year Built: 1998
  • Stories: 1
  • Living Area: 1,227 SqFt

Listing Office:

  • Office Name: Mann & Sons, Inc.
  • Office Phone: (302) 227-9477
  • Listing Agent: BRUCE WRIGHT

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Gas Range, Range Hood, Refrigerator, Washer, Water Heater
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Parking: Garage - Front Entry, Driveway, Attached Garage

Lot Features

Lot Information:

  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Cape Henlopen High School, Public District Grades 8-12
  • Beacon Middle School, Public District Grades 4-8
  • Rehoboth Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: RT 24 to Dorm road left into development make first right and first left on Cedarwood.

Price Information

Listing Price Info

Price Summary:

  • List Price: $349,000
  • Price Per SqFt: $284/SqFt

HOA Fees:

  • Amount: $280
  • Frequency: Annually

Tax Information:

  • Annual Amount: $427
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Lewes, DE.

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Lewes, DE

City

Med. Sold Price

$570.9K

Med. Price/SqFt

$269

Avg. Days On Market

41

# of Sold Homes

52

5 Cedarwood Dr vs Lewes

44 DAYS ON ROCKET

+3 Days

$349,000

-$221.9K Less

$284/SqFt

+$14 More

KEY TAKEAWAY

This property is $221.9K less than the Median Sold Price and $14/SqFt more than other homes in Lewes, DE.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #DESU2058582

Listing Office:

  • Office Name: Mann & Sons, Inc.
  • Office Phone: (302) 227-9477
  • Listing Agent: BRUCE WRIGHT

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2024, 8:20:38 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$427$15,000
2020$653$15,000
2018$629$15,000
2017$616$15,000

History based on county public records data.

Payment Calculator

$1,832

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,113

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5823402
9
/10

  • Rehoboth Elementary School

  • 500 Stockley St

  • 6.35 miles

  • Public District Grades PK-6

Middle School

school-card-donut-5823403
7
/10

  • Beacon Middle School

  • 19483 John J Williams Hwy

  • 3.61 miles

  • Public District Grades 4-8

High School

school-card-donut-5823404
5
/10

  • Cape Henlopen High School

  • 1250 Kings Hwy

  • 6.12 miles

  • Public District Grades 8-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,920. The majority of Lewes, DE residents have income between $35k-100k annually. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5 Cedarwood Dr

What is the listing price of this property?

The listing price of 5 Cedarwood Dr property is $349,000.

What type of property is this?

The property 5 Cedarwood Dr is a house located in Lewes, Delaware, 19958.

Is this property for sale now?

Active Listing: 5 Cedarwood Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5 Cedarwood Dr are:
Rehoboth Elementary School: GreatSchools Rating 9/10
Beacon Middle School: GreatSchools Rating 7/10
Cape Henlopen High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $427 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5 Cedarwood Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5 Cedarwood Dr is 1,227 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5 Cedarwood Dr is 1998.

Rocket Homes›Delaware›Sussex County›Lewes›19958›5 Cedarwood Dr

This home is located at 5 Cedarwood Dr in Lewes, DE and zip code 19958. This 1,227 square foot home, which was built in 1998, sits on a 0.23 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 20, 2024 and is currently priced at $349,000.

In April 2024, from all listings sold in Lewes, DE there were more than 20 sold above asking price, over 24 sold below and more than 8 were sold right at the asked price. In April 2024 in Lewes, DE there were 1.7% less homes for sale than in March 2024. Listings spent 41 days on the market in April 2024, and had a median list price of $570,972 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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