1 Coventry Ln Unit 42025, Lewes, DE 19958

$169,900
: 2
BD
: 2
BA
: 924
SqFt

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List Price: $169,900
Status: ACTIVE
MLS#: DESU2121864
Bedrooms: 2
Bathrooms: 2
Full Baths: 2
Living Area: 924
Lot Size (Acres): 44.83
Style: Modular Home
Year Built: 1992
County: Sussex
School District: Cape Henlopen

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Property Description

Sussex East/West is a leased-land, 55-plus* community (*up to 20% of owners may be younger than 55-years-old). Sussex East is located approximately 5.5 miles from the Lewes public beach, with the Cape Henlopen State Park beaches...and the famous Rehoboth Beach boardwalk...not much farther away. This community has a unique location with access to the State Park’s hiking/biking trail via the trail head on Minos Conaway Rd. There have been many updates and renovations to this home, the addition of the living room with vaulted ceiling, New kitchen with quartz counter tops, stainless appliances, new natural gas furnace, central Ac, tankless water heater, All new flooring, updated baths. plus much more. Two pets are allowed in Sussex East, and they have a fenced dog park near the community’s indoor salt-water pool. New pickle ball court, too. (Note: Family & friends may always visit, but rentals are NOT permitted in this community). Leasehold Interest with Lot Rent of approx. $1057/month (Leases renew annually with any increase capped as per 25 Del. C. Ch. 70). The Community Owner requires an Application from the Buyer and all occupants 18-years-of-age or older, with acceptance in the community based on: 1)income verification, 2)Credit bureau score (including debt-to-income ratio), and 3)Clean criminal background check. Leased land properties do not meet the requirements for conventional 30-year mortgages, but financing may be available to qualified borrowers from a few Lenders that specialize in installment/chattel loans for manufactured homes on leased land. Buyer will have a real estate transfer tax (3.75% DMV Doc Fee) as part of their closing costs & a settlement agent fee.

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Additional Information

Area: Lewes Rehoboth Hundred (31009)
Subdivision: Sussex East Mhp
Building Name: None Available
HOA Fee: $20
Interior Features: Some Carpeting, Ceiling Fans, Dining Combo, Open Floor Plan, Bath in Primary Bedroom, Recessed Lighting, Skylight(s), Window Treatments, Upgraded Countertops, Walk-In Shower
School District: Cape Henlopen
Flooring: Carpet, Vinyl
Exterior Features: Lighting, Rain Gutters, Street Lights, Outbuildings
Heating: Forced Air
Cooling: Ceiling Fan(s), Central Air
Roof: Architectural
Water: Public
Sewer: Public Sewer
Lot Lease Amount: $1057