34341 Summerlyn Drive, Lewes, De 19958 | $214,900

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Property Details

LIVE, PLAY, RELAX. Living is so easy in this impressive, generous and spacious condo located just minutes from downtown Lewes and Rehoboth! The freshly painted open floor plan encompasses a great room and dining combo which flows directly to the full
  • MLS Number: 730535
  • Status: Active
  • Price: $214,900
  • Property Type:
  • Area: Lewes And Rehoboth Hundred
  • Community: Summerlyn
  • School District: Cape Henlopen
  • Square Footage: 1,560
  • Year Built: 2003
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Number of Stories: 1
  • Unit Floor Number: 1
  • New Construction: No
  • County Taxes: $835
  • Condo Fee: $3,860
  • Waterfront: Lake/Pond
  • Water View: Lake/Pond
  • Furnished: No
  • Lot Size Acres: 0.00
  • Lot Description: Landscaped
  • Water: Public Central Water
  • Sewer: Public Central Sewer
  • Community Amenities: Lawn Care, Pool-Outdoor

Interior Features

  • Kitchen: Breakfast Bar, Countertops - Solid Surface, Kitchen/Dining Room Combo
  • Fireplace: Gas
  • Heating: Heat Pump(s)
  • Cooling: Heat Pump(s)
  • Flooring: Carpet, Vinyl
  • Appliances: Dishwasher, Disposal, Dryer-Electric, Fridge w/Ice Maker, Microwave, Oven/Range Electric, Washer, Water Heater Electric
  • Interior Features: Bedroom-Entry Level, Cable TV Prewired, Fireplace-Gas, Insulated Door(s), Insulated Window(s), MBED-Full Bath, Screen(s), Walk-In Closets

Exterior Features

  • Style: Flat/Apartment
  • Construction Type: Stick/Frame
  • Exterior Type: Dryvit
  • Roofing: Metal
  • Foundation: Concrete Slab
  • Parking: Assigned
  • Porch/Deck/Patio: Patio - Rear

Listing Courtesy of KELLER WILLIAMS REALTY

Lewes Real Estate Listings are Designed for Simplicity

The first stop for anyone looking for a new home in Lewes —or for anyone who is even mildly curious about what properties are currently available—is the Lewes real estate listings. Like those you find here on my site, today’s online real estate listings are updated regularly all across the internet. It’s a coordinated system that appears deceptively simple on the surface, bringing you what you ask for from within the mind-bogglingly vast amount of detail that encompasses all the properties being offered throughout the country at that moment.  

When a prospective buyer goes online to get a feel for the Lewes properties being offered, the real estate listings she or he sees appear to be straightforward enough. The information is clearly formatted, presented in a way that makes it easy to compare with other properties’ attributes. That apparent simplicity might be a little bit misleading, as anyone who has recently put their own home on the market knows.  

Before any listing goes online, all the property’s physical details have to be determined and verified. It’s your agent’s job to make sure the paperwork is complete—including the legal documentation that says, yes, this property is for sale at this amount. The 2015 NAR® handbook on multiple listing policy fills 152 pages for good reason. ‘Under the hood’ of the neighborhood listings is the structure of legal agreements that stitch together the cooperative framework that enables the smooth functioning of the modern real estate industry. Stripped of all its legal bells and whistles, it’s really an agreement among brokers and agents who agree to the way work will be apportioned and commissions shared. 

As you might expect, those 152 pages also cover some special kinds of real estate listings. Homeowners, for instance, can create Lewes real estate listings that are not made public. This is done when the seller withholds consent for a listing to be published with the MLS compilation. Although that might seem to be a particularly bad idea—like a candidate running for office who decides it would be a good idea to keep his name off the ballot—there are circumstances when it makes sense. Such ‘office exclusive’ listings can serve a useful purpose when maximum confidentiality is important. Celebrities and other public figures sometimes use this approach, as do sellers who’d rather not publicize their plan to jump ship until it’s a fait accompli.

All this is made as simple and straightforward as possible for the benefit of all. If it were too complex, sellers and buyers would hesitate to get involved. The market would suffer. In fact, today’s Lewes listings—especially as they are presented online, on sites like this one— represent a standout example of how technology can make even complicated commercial undertakings easier and more efficient than they have ever been. To find your next home, for instance, you need only check out the current Lewes listings, and then there’s only one other thing you have to do: call me up! Call/Text me Russell Stucki at (302) 228-7871, email me at russellstucki@remax.net, visit more listings at www.beachrealestatemarket.com

2016 Real Estate Prediction Roundup Buoys Lewes Observers

Given that the experts have often been as wrong as they were right about predicting at least one real estate trend for 2015 (mortgage interest rates), it’s fair to ask why it’s worthwhile to consult them regarding the coming year. Fair enough. The answer is twofold.

First off, for anyone who will be buying or selling a Lewes home in the coming year, much could ride on the wider market factors that influence buyer and seller attitudes.

The other part of the answer is because it’s fun. Trying to take a peek into the future gathers a crowd every time: just tune into any cable TV news or feature show and start counting the experts prognosticating. Besides, it’s even more fun, later, to ridicule the experts who were way off.

But putting together a roundup of real estate predictions for 2016 involves some hard virtual pick-and-shovel work. To begin with, you have to eliminate all the real estate predictions for 2016 that emerged more than a month ago. A month may not seem like such a long time, but in the real estate prediction business, it can turn into too long (especially if what you predicted for 2016 is already heading in the wrong direction). At this juncture, that hasn’t befallen any of these prominent national real estate prediction sources Lewes readers can note:

  • Realtor Magazine – ‘Normal’ is coming. Healthy growth in home sales and prices at a more normal pace
  • CoreLogic — Interest rates will gradually move higher but dollar volume of single-family mortgage originations will fall approximately 10% [reason given: refis will fall]
  • Housingwire — Moderate growth in housing prices and sales (3.5%-4.5%); easier credit; more first-time home buyers
  • BofA Merrill Lynch Global Research—Further expansion in U.S. housing. The “good news for anyone planning to sell a home in 2016” is that existing home sales could increase by as much as 5%; good news for buyers: a slowdown in home-price appreciation
  • Trulia — “general consensus at the national level…another good year” with hot markets in the West and Northeast cooling down; markets in the South and Midwest “could experience an uptick” in home sales

The researchers and prognosticators behind these projections seem to be in lock-step, at least as we launch into the new year. Whether or not you will be entering the town real estate any time soon, it’s certainly good news that the serious folks who forecast future trends agree that conditions look to be settled, stable and hospitable in the coming year.

There is one thing I know you can count on: I’ll be standing by throughout 2016, ready to assist with all your Lewes real estate needs!   Call/Text me Russell Stucki at (302) 228-7871, email me at russellstucki@remax.net, visit more listings at www.beachrealestatemarket.com