17382 Taramino, Lewes, De 19958 | $228,000

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Property Details

Rarely available poolside villa townhome available EAST OF ROUTE 1 in the desirable Villas of Taramino in Lewes. This spacious END UNIT 3BR/2.5BA townhome features a flowing floor plan with an open great room/dining combination with a gas fireplace,
  • MLS Number: 725759
  • Status: Active
  • Price: $228,000
  • Property Type:
  • Area: Lewes And Rehoboth Hundred
  • Community: Taramino
  • School District: Cape Henlopen
  • Square Footage: 1,440
  • Year Built: 2000
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number of Stories: 2
  • Unit Floor Number: 1
  • New Construction: No
  • County Taxes: $862
  • Condo Fee: $2,700
  • Pool: Inground
  • Furnished: No
  • Lot Size Acres: 0.00
  • Lot Description: Poolside, Zero Lot Line
  • Water: Public Central Water
  • Sewer: Public Central Sewer
  • Community Amenities: Lawn Care, Parking-Assigned, Pool-Inground, Pool-Outdoor, Sidewalks

Interior Features

  • Kitchen: Breakfast Bar, Kitchen/Family Room Combo, Pantry
  • Fireplace: Gas
  • Heating: Heat Pump(s)
  • Cooling: Central A/C, Heat Pump(s)
  • Flooring: Carpet, Laminate
  • Basement: Crawl Space
  • Attic: Floored
  • Appliances: Cable TV Pre Wired, Dishwasher, Disposal, Dryer-Electric, Exhaust Fan, Fridge w/Ice Maker, Microwave, Oven/Range Electric, Washer, Water Heater Electric
  • Interior Features: Cable TV Prewired, Ceiling Fan(s), Fireplace-Gas, MBED-Full Bath, Pull-Down Attic Stairs, Screen(s), Skylight(s), Storm Door(s), Walk-In Closets

Exterior Features

  • Style: End Unit,Townhouse
  • Construction Type: Stick/Frame
  • Exterior Type: Vinyl Siding
  • Roofing: Architectural Shingle
  • Foundation: Concrete Block
  • Parking: Assigned
  • Porch/Deck/Patio: Patio - Rear

Listing Courtesy of RE/MAX REALTY GROUP REHOBOTH

Lewes Readers find Real Estate Opinions Unanimous Almost Real

 

Lewes’s real estate picture usually differs little from that of the nation as a whole. The latest rumblings from the mass media and web continue to bolster the picture of rising values and quickening activity—a sweet story with nary a sour note. In fact the unanimity of voices from almost every corner of the country is a story in itself. There was just one exception.

Some samplings Lewes readers would have found in the past week’s real estate news and opinion—

  • From the Associated Press, we learned that “prices are soaring” in some cities, and that they rose in all 20 cities polled. The pace of existing home sales rose to the “fastest pace since February 2007.”—roughly what might be expected in a healthy housing market. The AP attributed at least some of the reason for the real estate price rises to widespread predictions that the Federal Reserve may start raising short-term interests rates sooner rather than later.
  • From Dan Green’s Mortgage Reports, the home value increase was illustrated in a multi-colored chart, which showed sample cities’ rises at anywhere from 1%-11%—with most clumped between the 4%-6% lines. Freddie Mac was quoted as pegging the average 30-year mortgage rate at below 4%, with VA and FHA mortgage rates even lower. Their opinion was straightforward: “It’s an inexpensive time to finance a home.” Since historically “mortgage rates average nearer to 8:25%,” that opinion is hardly a stretch!
  • Headlines from CoreLogic’s latest Home Price Index Report were “Home Prices Rose by 6.5% Year Over in June 2015” and “HPI Forecast Projects 4.5%” rise for the coming 12 months. CoreLogic’s nationwide real estate numbers are among the most reliable—whereas some of the government numbers sometimes have to admit regular later revisions, it’s not usually the case for them.
  • Surprisingly, town observers would have had to go to the National Association of Realtors® site to find what at first sounded like the only sour note to be heard—yet it, too, had a sweet finish. “Pending Home Sales Dip in June” headed the last week’s news release. You had to read the fine print to learn that the pending sales were 8.2% higher than a year before, and that although they dipped slightly from May’s number, they were still the third highest reading in 2015…and marked the tenth consecutive monthly year-over-year increase!

Strengthening real estate prices have continued to bolster a solid summer selling season. If you are interested in exploring the Lewes market as a prospective buyer (or as a seller), the climate continues to be inviting. Good reason to give me a Call/Text me Russell Stucki at (302) 228-7871, email me at russellstucki@remax.net, visit more listings at www.beachrealestatemarket.com.

March: Much More than Just a Month for Sussex County Real Estate

This March has been such a busy one on the Sussex County real estate calendar that I thought it would be a good idea to double-check everything just to be certain I wasn’t overlooking any important happenings.

It wasn’t just that the first day of spring on the 20th is the traditional start of what’s regularly the busiest time of year for Georgetown real estate activity. This is a reliable phenomenon, further reinforced by the 61 million results you get when you Google “Spring Real Estate Selling Season.” To be accurate, the National Association of Realtors® fudges a little by calling spring and summer the hottest seasons for real estate activity—but it turns out they are pointing to the fact that many sales initiated in spring close during the summer (which is when people prefer to move).

March also has a red-letter day on the 23rd, which is when Freddie Mac, the mortgage reinsurer, is set to kick off their ‘Home Possible’ program. It’s a lowering of their down payment requirements, so mortgage lenders will have more leeway with borrowers. That should provide a further boost for Sussex County real estate activity, which has been laboring for years under tough lending requirements that discouraged some otherwise well-qualified home buyers.   

Then there was also St. Patrick’s Day (although that has a less-than-convincing effect on Sussex County real estate activity). There is March Madness, in which basketball plays havoc with more than just television schedules. You could say that it plays hob with appointment times for many Georgetown home showings, since the last five minutes of most of the games take at least half an hour.

Just in case the calendar has even more events that might affect Sussex County real estate, we thought we’d better check to be certain we haven’t overlooked any upcoming happenings.

We found out we can relax.

True, this March is Optimism Month, which is certainly thematically in tune with the positive spring real estate outlook (speaking of ‘in tune,’ March is also Music in Our Schools Month and Play the Recorder Month).

It’s International Ideas Month, which, for anyone who’s been following the headlines, is certainly arriving in the nick of time. For those who are, internationally speaking, prone to sticking to their old ideas, March is also International Listening Awareness Month. It’s Mirth Month as well as Humorists are Artists Month. It’s also Noodle Month (does this have a connection with Mirth Month?), Peanut Month, and National Nutrition Month.

In addition to minding nutrition, this is a month for safety: it’s National Collision Awareness Month, as well as National Cheerleading Safety Month. It turns out, there are another couple of dozen other Months that are taking place right now, but most have little to do with buying and selling homes.

What seems better connected to Georgetown real estate is the fact that this is also Umbrella Month, although it’s too early to know the precipitation total for the whole month. It hasn’t prevented many showings or open houses, for sure. In any case, if you are thinking of taking advantage of the Spring Selling Season, it’s also a terrific month to give me a call!