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116 School Ln; Lewes, DE Property Details

116 School Ln, Lewes, DE is a Single Family that was built in 1950. This property is currently a cash purchase and is not for sale. Our records show that 116 School Ln has 3 bedrooms, and a total of 1,272 square feet. The lot size of 116 School Ln is 7,501 square feet.

Off market
116 School Ln Lewes, DE 19958
$350,000 Listing Price
3 Beds
1,272 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1950
  • Purchase Price: $350,000
  • Open Loans / Balance: 1 / $157,005
  • Est. Equity / %: $514,995 / 76.64%
  • Gross Yield: 7.416%
  • APN: 335-8.11-206.00
  • Situs County: Sussex
  • Length Of Ownership: 12 years, 3 months

Rooms

  • Bedrooms: 3
  • Total Rooms: 6

Structure

  • Stories: 1
  • Building Quality: C

Measurements

  • Total: 1,272/SqFt
  • Lot: 7,501/SqFt
  • Living: 1,272/SqFt
  • Building: 1,272/SqFt
  • Price Per Square Foot: $275.16

Legal Description

  • Description: S/W SIDE SCHOOL LANE LOT 3 1/2 LOT 2 WITH IMP
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Cape Henlopen School District
  • Lat / Lon: 38.767803 / -75.14473
  • Subdivision: Lewes
  • Property Class: Residential
  • Zoning: TN
  • County Use Code: RS

Amenities

  • Plus Four: 1733
  • Bathroom Fixtures: 8

Ownership Info

116 School Ln has no associated ownership info
116 School Ln has no associated ownership info.

Taxes

116 School Ln has 10 associated Taxes items

116 School Ln, Lewes, DE pays taxes in Sussex County, DE. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $12,450. The APN we've located for 116 School Ln is 335-8.11-206.00.

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Taxes
  • Assessed Value:  $12,450
  • Assessed Year:  2025
  • Assessed County:  Sussex
  • APN:  335-8.11-206.00
  • Assessed Land Value:  4450
  • Market Land Value:  558300
  • Tax Amount:  1670.38
  • Tax Year:  2025
  • Market Value:  790900
  • Market Year:  2025

Tax History

116 School Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $12,450 Land Value $4,450 Improvement Value $8,000 Tax Amount $1,670.38 Change Rate +1.722085% Assessed CR Tax Rate +0.134167%
Year 2024 Assessed Value $12,450 Land Value $4,450 Improvement Value $8,000 Tax Amount $613.64 Change Rate Assessed CR Tax Rate +0.049288%
Year 2023 Assessed Value $12,450 Land Value $4,450 Improvement Value $8,000 Tax Amount $613.64 Change Rate +0.037027% Assessed CR Tax Rate +0.049288%
Year 2022 Assessed Value $12,450 Land Value $4,450 Improvement Value $8,000 Tax Amount $591.73 Change Rate +335.21024% Assessed CR Tax Rate +0.047529%
Year 2021 Assessed Value $12,450 Land Value $4,450 Improvement Value $8,000 Tax Amount $1.76 Change Rate -0.996989% Assessed CR Tax Rate +0.000141%
Year 2020 Assessed Value $12,450 Land Value $4,450 Improvement Value $8,000 Tax Amount $584.52 Change Rate -0.001435% Assessed CR Tax Rate +0.046949%
Year 2019 Assessed Value $12,450 Land Value $4,450 Improvement Value $8,000 Tax Amount $585.36 Change Rate +0.070637% Assessed CR Tax Rate +0.047017%
Year 2018 Assessed Value $12,450 Land Value Improvement Value Tax Amount $546.74 Change Rate +0.044254% Assessed CR Tax Rate +0.043915%
Year 2017 Assessed Value $12,450 Land Value Improvement Value Tax Amount $523.57 Change Rate +0.052804% Assessed CR Tax Rate +0.042054%
Year 2016 Assessed Value $12,450 Land Value Improvement Value Tax Amount $497.31 Change Rate +0.046528% Assessed CR Tax Rate +0.039945%
Year 2015 Assessed Value $12,450 Land Value Improvement Value Tax Amount $475.2 Change Rate +0.00742% Assessed CR Tax Rate +0.038169%
Year 2014 Assessed Value $12,450 Land Value Improvement Value Tax Amount $471.7 Change Rate Assessed CR Tax Rate +0.037888%