When was property at 2 Margate Court built and last sold?

The property at 2 Margate Court was built in 1998 and last sold on Jan 1, 1970 for $0.

How much is this home worth?

The estimated value of the home located at 2 Margate Court is $498,808.

What are some comparable homes to 2 Margate Court?

There are currently no comparable homes to 2 Margate Court.

Sussex

19958

2 MARGATE COURT

Sold on Jul 9, 2026

Map

$500,000

● House - Off Market

2 MARGATE COURT

LEWES, DE 19958

3 Beds

2 Baths

1,585 Ft²

$2,568

Est. Monthly

$42

HOA / Fees

About This Property

OPPORTUNITY KNOCKS - this spacious rancher in Rolling Meadows is now available to be made yours! Fresh paint throughout makes this move-in ready. Offering an accommodating floor plan with three bedrooms, including the spacious primary suite with en suite bath and expansive walk-in closet; an inviting living room with sky lights & gas fireplace, eat-in kitchen with breakfast bar, bright screened porch, and rear deck overlooking the fenced in backyard, on a large cul de sac lot in the ideally located community of Rolling Meadows - close to everything Lewes & Rehoboth Beach have to offer. Don't miss this opportunity to make this home yours!

Unit Size

1,585 Ft²

Days on Market

Land Size

0.48 acres

Price per sqft

$315

Property Type

House

Property Taxes

$71

HOA Dues

$42

Year Built

1998

Payment Calculator

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Last updated: 2 months ago (Bright MLS #DESU2101886)

Price History

Date / Event	Date	Event
Jul 9, 2026	Sold	Premium
Sold
Jun 13, 2026	In contract	-
In contract
Jun 8, 2026	Listed by Berkshire Hathaway HomeServices PenFed Realty	$499,900
Listed by Berkshire Hathaway HomeServices PenFed Realty

Property Highlights

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1998

Effective Year Built: 1998
Total Rooms: 8
Bedroom Count: 3
Bathroom Count: 3
Partial Bathrooms: 3
Bathroom Plumbing Fixtures: 8
Building Condition: 0
Building Quality: 6
Construction Type: 6
Building Style: 0
Exterior Walls Type: 17
Interior Walls Type: 0
Roof Shape Type: 1
Roof Cover Type: 13
Floor Count: 100
Floor Cover: 0
Basement Type: 9
Basement Area: 0
Garage Type: 7
Garage Square Area: 441
Parking Space Count: 2
Patio Type: 0
Porch Type: 7
Pool Type: 8

Dimensions

Lot Size Square Feet: 25,476

Lot Size Depth Feet: 1,930
Lot Size Frontage Feet: 1,320
Total Building Area: 1,758
Gross Building Area: 1,758
Building Area: 1,758
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 24
Heated Square Feet: 1,758
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: ROLLING MEADOWS
Land Acres: 0000000585
Standard Land Use Code: 1001
County Land Use Code: RS
Legal Description 1: ROLLING MEADOWS LOT 29

Neighborhood

School District Name: Cape Henlopen School District

School Tax School District: CAPE HENLOPEN
Census Tract: 051011

Zoning

Zoning: AR-1

Geography

District: CAPE HENLOPE

Parcel: 334-6.00-854.00
Lot: 29
Municipality: LEWES AND REHOBOTH HUNDRED
Latitude: 38.7385
Longitude: -75.1541

Address

Full Address: 2 Margate Ct

Address - House Number: 2
Address - Street Name: Margate
Address - Suffix Type: Ct
State: DE
City Name: Lewes
Carrier Code: R819
4-Digit Zip Code: 9417
Zip Code: 19958

Valuation

Tax

Tax Year: 2023

Tax Amount: $136,658

Appraisal Valuation

Standard Deviation: 0.2744

Valuation Date: Sep 13, 2023
Confidence Score: 60
Final Value: 546,281
High Value: 696,209
Low Value: 396,354

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium

Market Valuation

Market Total Value: $55,500

Market Land Value: $12,800
Market Improvement Value: $42,700

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $27,750
Assessed Land Value: $6,400
Assessed Improvements Value: $21,350

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Sussex

Stats & Trends

Median Asking:

$453,500

Sale Price/ft²

$238

Below Asking

0.03%

Average Days on Market

Average Home Size

2096 ft²

Average Home Age

23.2 years

Currently For Sale

2278 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 119 Dewey Avenue, LEWES, DE, 19958

$3,750 /mo

3 Beds
3 Baths
2,325 ft²

119 Dewey Avenue, LEWES, DE, 19958 Listing by Adriane Gallagher

Unit for rent at 33176 Denton Street, LEWES, DE, 19958

$2,650 /mo

4 Beds
3 Baths
1,800 ft²

33176 Denton Street, LEWES, DE, 19958 Listing by Adriane Gallagher

Unit for rent at 34132 Clay Road, LEWES, DE, 19958

$2,650 /mo

4 Beds
2 Baths
1,585 ft²

34132 Clay Road, LEWES, DE, 19958 Listing by KRISTINE DURAN

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# DESU2101886

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