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Off Market

116 West 3rd Street

Lewes DE 19958

2
3
2201 sq. ft.
5227 sq. ft.
Single-Family
Last sold for $1,295,000
Dustin OldfatherDustin Oldfather, last sold this property on 29 March 2023 after 217 days on market.

Overview

You could own a piece of history! This home in the heart of historic Lewes features both retail space and a residential living area, as well as a rare connection to the past of the ?First Town in the First State.? Close to the downtown commercial district and both Lewes Beach and neighboring Rehoboth, this property is a true gem at the Delaware beaches. Today, this property features two commercial showrooms on the first level, as well as a two bedroom, two bathroom apartment above. The building was completely renovated in the 1980s and is just waiting today for the right owner to make the structure?s history come to life. Originally the Lewes Firehouse & Lockup, this property oozes history and is a rare opportunity to own a piece of the city?s past. Oh, if these walls could talk! While once the fire station and jail, the property has also served as the Lewes Town office, a school house, a Boy Scout Center and a meeting hall since its construction in the final years of the 19th century. The residential space is partially furnished and features a full kitchen, a dining area and a living room, with plenty of space for future additions and generated $30K in vacation rental income in 2022. The backyard area offers a rare chance in downtown Lewes to relax and enjoy a little peace and quiet with its shade and tranquility. Come and see for yourself by scheduling an appointment to view this historic First State property today. Why wait another day?

Features

2 bedrooms
3 bathrooms
2201 sq. ft. floor area
5227 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 2 bedroom single-family properties sold in Lewes over the last 12 months, the estimated median property value of 116 West 3rd Street is $589.99k.

Median value
$589.99k
Estimated value range
$40k - $1.05m
Median days on market
26
Estimated value trend
25%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Lewes. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 116 West 3rd Street

2023
Sold
$1,295,000
29 Mar 2023 by Dustin Oldfather, of Compass

Happy sellers in Lewes

86%
86% of sellers in Lewes reported that their sale price either exceeded or met their price expectations.

Lewes stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 27 reviews in Lewes over the last 12 months.

Local market activity for 2 bedroom single-family properties in Lewes

In the last 12 months, 18 two-bedroom single-family properties similar to 116 West 3rd Street, have been sold.

This represents a 65% increase in two-bedroom single-family properties sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Lewes

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Linda Bova

Sellers who recommend Linda Bova have praised them for being local expert, clear communication, reliable, responsive, supportive, friendly, and dedicated

  •   5   (160 reviews)
  •  17 Reviews in Lewes
  •  23 Sales in Lewes
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Joseph Maggio

Sellers who recommend Joseph Maggio have praised them for being local expert, responsive, reliable, clear communication, well-prepared, supportive, and dedicated

  •   5   (49 reviews)
  •  5 Reviews in Lewes
  •  5 Sales in Lewes
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Lisa Mathena

Sellers who recommend Lisa Mathena have praised them for being local expert, clear communication, responsive, supportive, well-prepared, reliable, and attentive

  •   5   (115 reviews)
  •  3 Reviews in Lewes
  •  4 Sales in Lewes
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Terri Mestro

Sellers who recommend Terri Mestro have praised them for being local expert, responsive, clear communication, supportive, reliable, honest, and great negotiation

  •   5   (103 reviews)
  •  3 Reviews in Lewes
  •  2 Sales in Lewes
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