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507 Kings Hwy, Lewes, DE, 19958

$995,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
2,080 SqFt
$478/SqFt
House
Schools Nearby

Location

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507 Kings Hwy, Lewes$995,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingConcrete Driveway, Driveway
Year Built1890
HeatingBaseboard
CoolingWindow Unit(s)
ViewGarden, Trees/Woods
MLS #DESU2058240
Lot Size0.15 Acres
StatusActive
(ACTIVE)

About 507 Kings Hwy

DELIGHTFULLY LEWES! Amazing character and authenticity welcome you to this ideally located in-town Lewes charmer! Features an inviting floor plan with 2 levels of well-preserved original hardwood flooring, a large updated kitchen with granite counters & stainless-steel appliances, 3 spacious upstairs bedrooms, and a 3rd level floored attic. Situated on a generously sized lot with a welcoming front porch, rear & side decks, and a lusciously landscaped backyard with 2 storage sheds. Within walking (or biking) distance to the beach, parks, library, and shopping & dining of downtown Lewes.

Property Details

Property Features

Property Information:

  • Architectural Style: Victorian
  • Year Built: 1890
  • Living Area: 2,080 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices PenFed Realty
  • Office Phone: (302) 645-6661
  • Listing Agent: Lee Ann Wilkinson

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Oven, Electric Range, Refrigerator, Washer, Dryer, Water Heater
  • Basement: No
  • Flooring Type: Hardwood, Tile/Brick
  • Interior: Additional Stairway, Attic, Breakfast Area, Built-Ins, Ceiling Fan(s), Dining Area, Kitchen - Island, Pantry, Skylight(s), Upgraded Countertops, Wood Floors

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Garden, Trees/Woods
  • Exterior: Outbuilding(s), Outside Shower, Sidewalks

Parking Information:

  • Parking: Concrete Driveway, Driveway

Lot Features

Lot Information:

  • Lot: Landscaped, Back Yard
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Cape Henlopen High School, Public District Grades 8-12
  • Beacon Middle School, Public District Grades 4-8
  • Shields (Richard A.) Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From Rt. 1, head east on Kings Hwy, then keep left at the fork between Freeman & Kings to continue on Kings Hwy. Property will be on the right, just past Dewey Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $995,000
  • Price Per SqFt: $478/SqFt

Tax Information:

  • Annual Amount: $560
  • 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

$582.2K

Med. Price/SqFt

$268

Avg. Days On Market

59

# of Sold Homes

61

507 Kings Hwy vs Lewes

45 DAYS ON ROCKET

-14 Days

$995,000

+$412.7K More

$478/SqFt

+$210 More

KEY TAKEAWAY

This property is $412.7K more than the Median Sold Price and $210/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: #DESU2058240

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices PenFed Realty
  • Office Phone: (302) 645-6661
  • Listing Agent: Lee Ann Wilkinson

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: 4/29/2024, 2:22:45 PM 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$560$11,900
2020$558$11,900
2018$523$11,900
2017$500$11,900

History based on county public records data.

Payment Calculator

$5,034

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,050

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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-3172702
8
/10

  • Shields (Richard A.) Elementary School

  • 910 Shields Ave

  • 0.32 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3172703
7
/10

  • Beacon Middle School

  • 19483 John J Williams Hwy

  • 3.82 miles

  • Public District Grades 4-8

High School

school-card-donut-3172704
5
/10

  • Cape Henlopen High School

  • 1250 Kings Hwy

  • 0.91 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 $45,919. The most common annual income of people living in Lewes, DE is less than $35k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 507 Kings Hwy

What is the listing price of this property?

The listing price of 507 Kings Hwy property is $995,000.

What type of property is this?

The property 507 Kings Hwy is a house located in Lewes, Delaware, 19958.

Is this property for sale now?

Active Listing: 507 Kings Hwy is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 507 Kings Hwy are:
Shields (Richard A.) Elementary School: GreatSchools Rating 8/10
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 $560 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 507 Kings Hwy has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 507 Kings Hwy is 2,080 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 507 Kings Hwy is 1890.

Rocket Homes›Delaware›Sussex County›Lewes›19958›507 Kings Hwy

This home is located at 507 Kings Hwy in Lewes, DE and zip code 19958. This 2,080 square foot home, which was built in 1890, sits on a 0.15 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 15, 2024 and is currently priced at $995,000.

Over 12 listings were sold over their listed price in March 2024 in Lewes, DE. In the same period over 34 listings were sold below the listed price and 15 listings were sold for the listed price. In March 2024 in Lewes, DE there were 8.6% more homes for sale than in February 2024. Listings spent 59 days on the market in March 2024, and had a median list price of $582,290 during the same period.

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

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