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225 2nd St; Lewes, DE Property Details

225 2nd St, Lewes, DE is a Single Family that was built in 1996. This property is currently a cash purchase and is not for sale. Our records show that 225 2nd St has 1 bedroom, and 5 bathrooms, and a total of 864 square feet. The lot size of 225 2nd St is 5,580 square feet.

Off market
225 2nd St Lewes, DE 19958
$2,500,000 Listing Price
1 Beds
5 Baths
864 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1996
  • Purchase Price: $2,500,000
  • Est. Equity / %: $2,319,000 / 100%
  • Gross Yield: 1.405%
  • APN: 335-8.07-304.00
  • Situs County: Sussex
  • Length Of Ownership: 4 months

Rooms

  • Bedrooms: 1
  • Bathrooms: 5
  • Total Rooms: 3

Structure

  • Building Style: Frame
  • Stories: 2.25
  • Exterior Wall Type: Wood
  • Building Quality: B+
  • Roof Type: Gable
  • Porch Type: Open
  • Roof Cover Type: Wood Shake/ Shingles
  • Deck: true

Measurements

  • Total: 864/SqFt
  • Lot: 5,580/SqFt
  • Gross: 1,532/SqFt
  • Garage: 113/SqFt
  • Living: 864/SqFt
  • Building: 864/SqFt
  • Price Per Square Foot: $2893.52

Legal Description

  • Description: SECOND ST LOT
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: 38.776314 / -75.14129
  • Subdivision: Lewes
  • Property Class: Residential
  • Zoning: TN
  • County Use Code: RS

Amenities

  • Plus Four: 1325
  • Bathroom Fixtures: 6
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Mixed
  • Heating: Yes

HOA

  • H O A One: $140
  • H O A Amount: $140
  • H O A One Frequency: Quarterly
  • H O A One Name: Nassau Grove Home Owners Association Inc
  • H O A One Type: Home Owner Association
  • H O A Two Name: Reserves Of Lewes Landing Hoa Inc
  • H O A Two Type: Home Owner Association

Ownership Info

225 2nd St has no associated ownership info
225 2nd St has no associated ownership info.

Taxes

225 2nd St has 10 associated Taxes items

225 2nd St, 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 $70,900. The APN we've located for 225 2nd St is 335-8.07-304.00.

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Taxes
  • Assessed Value:  $70,900
  • Assessed Year:  2025
  • Assessed County:  Sussex
  • APN:  335-8.07-304.00
  • Assessed Land Value:  3200
  • Market Land Value:  668300
  • Tax Amount:  3687.97
  • Tax Year:  2025
  • Market Value:  1746200
  • Market Year:  2025

Tax History

225 2nd St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $70,900 Land Value $3,200 Improvement Value $67,700 Tax Amount $3,687.97 Change Rate +0.05534% Assessed CR Tax Rate +0.052017%
Year 2024 Assessed Value $70,900 Land Value $3,200 Improvement Value $67,700 Tax Amount $3,494.58 Change Rate Assessed CR Tax Rate +0.049289%
Year 2023 Assessed Value $70,900 Land Value $3,200 Improvement Value $67,700 Tax Amount $3,494.58 Change Rate +0.037029% Assessed CR Tax Rate +0.049289%
Year 2022 Assessed Value $70,900 Land Value $3,200 Improvement Value $67,700 Tax Amount $3,369.8 Change Rate +0.0093% Assessed CR Tax Rate +0.047529%
Year 2021 Assessed Value $70,900 Land Value $3,200 Improvement Value $67,700 Tax Amount $3,338.75 Change Rate +0.003025% Assessed CR Tax Rate +0.047091%
Year 2020 Assessed Value $70,900 Land Value $3,200 Improvement Value $67,700 Tax Amount $3,328.68 Change Rate -0.001446% Assessed CR Tax Rate +0.046949%
Year 2019 Assessed Value $70,900 Land Value $3,200 Improvement Value $67,700 Tax Amount $3,333.5 Change Rate +0.070636% Assessed CR Tax Rate +0.047017%
Year 2018 Assessed Value $70,900 Land Value Improvement Value Tax Amount $3,113.57 Change Rate +0.044251% Assessed CR Tax Rate +0.043915%
Year 2017 Assessed Value $70,900 Land Value Improvement Value Tax Amount $2,981.63 Change Rate +0.052798% Assessed CR Tax Rate +0.042054%
Year 2016 Assessed Value $70,900 Land Value Improvement Value Tax Amount $2,832.1 Change Rate +0.123372% Assessed CR Tax Rate +0.039945%
Year 2015 Assessed Value $66,050 Land Value Improvement Value Tax Amount $2,521.07 Change Rate +0.007417% Assessed CR Tax Rate +0.038169%
Year 2014 Assessed Value $66,050 Land Value Improvement Value Tax Amount $2,502.51 Change Rate Assessed CR Tax Rate +0.037888%