NOT LISTED FOR SALE

10 Canal Landing Ct Unit 5 Rehoboth Beach, DE 19971

Estimated Value: $858,397 - $1,019,000

4 Beds
4.5 Baths
2,800 Sq Ft
$339/Sq Ft Est. Value

Last Sold December 14, 2020

Last sale price $679,000 $242 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $5,665/month

14 Days on Market

Highlights

  • 6.42 Acre Lot
  • Home fronts a canal
  • Backs to Trees or Woods
  • Rehoboth Elementary School Rated A
  • Coastal Architecture
  • Wood Flooring

About This Home

As of December 2020

You will be so happy to be the next owner of this impeccably cared for property. Offered furnished with a few exceptions. Starting by coming in the front entry and following thru all the way to the bunk bedroom on the top floor, you will be impressed by the attention to detail and condition of this home. Canal Landing offers a pool just a few doors away. Close enough to run back for a beverage. Canal Landing is east of Rt 1 and walking distance to town and the beaches! The first floor has the front entrance hall, a master bedroom with walk-in closet, patio and bath, laundry and garage. The main level has a large living room with a gas fireplace (owners have not used it), large dining area, large kitchen, half bath and screened porch. The next level has another large master bedroom, walk-in closet, bath, deck, 3rd bedroom, hall bath and hall sitting area. The top floor has a large bunk room with a bath ( this is an extra bonus that many Canal Landing units do not have) and built-ins. 4 Singles & a King Bed. This could be used as a second family room. The Sellers have rented this home, but it shows as "barely used". So you have good potential for income. There have been many upgrades during the current ownership. You will not be disappointed to be the next owner of this Class A Property. Come look asap, this will not last!

Last Listed By

Rick Monkman

Jack Lingo - Rehoboth License #RS-0016097 Listed on: 10/06/2020

Jack Lingo - Rehoboth

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,488

Lot Details

  • Home fronts a canal
  • Backs To Open Common Area
  • West Facing Home
  • Landscaped
  • No Through Street
  • Backs to Trees or Woods
  • Property is in excellent condition

HOA Fees

  • $263 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 2 Open Parking Spaces
  • Front Facing Garage
  • Parking Lot

Home Design

  • Coastal Architecture
  • Slab Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • CPVC or PVC Pipes

Interior Spaces

  • 2,800 Sq Ft Home
  • Property has 4 Levels
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace Mantel
  • Gas Fireplace
  • Window Treatments
  • Open Floorplan

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

Laundry

  • Laundry on lower level
  • Front Loading Dryer
  • Front Loading Washer

Accessible Home Design

  • More Than Two Accessible Exits

Schools

  • Rehoboth Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Zoned Heating and Cooling
  • Air Source Heat Pump
  • Underground Utilities
  • Propane
  • Water Treatment System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-13.20-99.00-5

Community Details

Overview

  • $527 Capital Contribution Fee
  • $175 Other One-Time Fees
  • Canal Landing Subdivision

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,488

Lot Details

0

HOA Fees

$263 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Unit being sold turnkey., as seen.
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2, Upper 3
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: You will be so happy to be the next owner of this impeccably cared for property. Offered furnished with a few exceptions. Starting by coming in the front entry and following thru all the way to the bunk bedroom on the top floor, you will be impressed by the attention to detail and condition of this home. Canal Landing offers a pool just a few doors away. Close enough to run back for a beverage. Canal Landing is east of Rt 1 and walking distance to town and the beaches! The first floor has the front entrance hall, a master bedroom with walk-in closet, patio and bath, laundry and garage. The main level has a large living room with a gas fireplace (owners have not used it), large dining area, large kitchen, half bath and screened porch. The next level has another large master bedroom, walk-in closet, bath, deck, 3rd bedroom, hall bath and hall sitting area. The top floor has a large bunk room with a bath ( this is an extra bonus that many Canal Landing units do not have) and built-ins. 4 Singles & a King Bed. This could be used as a second family room. The Sellers have rented this home, but it shows as "barely used". So you have good potential for income. There have been many upgrades during the current ownership. You will not be disappointed to be the next owner of this Class A Property. Come look asap, this will not last!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Front Loading, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Washer - Front Loading, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Ceramic Tile, Laminated
  • Interior Amenities: Built-Ins, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Entry Level Bedroom, Recessed Lighting, Water Treat System, Window Treatments, Wood Floors
  • Fireplace Features: Gas/Propane, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Slab
  • Floors In Unit Count: 4
  • Levels Count: 4
  • Basement: No
  • Laundry Type: Lower Floor
  • Total Sq Ft: 2800
  • Living Area Sq Ft: 2800
  • Price Per Sq Ft: 249.64
  • Above Grade Finished Sq Ft: 2800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 10

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 4
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 2.00
  • Upper Level 3 Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level 2 Full Bathrooms: 2
  • Upper Level 3 Full Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Cpvc/Pvc, Frame, Vinyl Siding
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s), Zoned, Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Phone Available, Propane, Under Ground
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 790.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Gunite, In Ground

Fee Information

  • Other Fees: 175.00
  • Other Fees Frequency: One Time
  • Capital Contribution Fee: 526.67

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: REHOBOTH
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: Listing Agent
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: RC
  • Lot Features: Backs To Trees, Backs - Open Common Area, Landscaping, No Thru Street
  • Lot Size Acres: 6.42
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 279655.00
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: C-1
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: Yes

Tax Info

  • School Tax: 1347.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1488.00
  • Assessor Parcel Number: 334-13.20-99.00-5
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 12/14/2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2020
Closed on
Dec 14, 2020
Sold by
Wissler Carl and Wissler Peggy
Bought by
Harwood Rafe and Journey Donnie S
Seller's Agent
Rick Monkman
Jack Lingo - Rehoboth
Buyer's Agent
JENNIFER JAMIESON
Patterson-Schwartz - Greenville
List Price
$699,000
Sold Price
$679,000
Premium/Discount to List
-$20,000
-2.86%
Total Days on Market
14
Current Estimated Value
$950,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,349
Avg. Annual Appreciation
10.10%
Original Mortgage
$510,000
Outstanding Balance
$459,997
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$578,873

Purchase Details

Closed on
Jul 22, 2015
Sold by
Wissler Carl and Wissler Michael J
Bought by
Wissler Carl

Purchase Details

Listed on
Jul 5, 2013
Closed on
Aug 3, 2013
Sold by
Davis Mitchell Y and Davis Elvie J
Bought by
Wissler Carl and Wissler Michael J
Seller's Agent
HENRY MCKAY
Jack Lingo - Rehoboth
Buyer's Agent
Allison Bateman
Jack Lingo - Rehoboth
List Price
$485,000
Sold Price
$485,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Harwood Rafe $679,000 None Available
Wissler Carl -- None Available
Wissler Carl -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harwood Rafe $510,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2020 12/14/20 Sold $679,000 -2.9% $243 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
10/06/2020 10/06/20 For Sale $699,000 +44.1% $250 / Sq Ft
08/06/2013 08/06/13 Sold $485,000 0.0% $187 / Sq Ft
07/08/2013 07/08/13 Pending -- -- --
07/05/2013 07/05/13 For Sale $485,000 -- $187 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,599 $31,700 $0 $31,700
2023 $1,598 $31,700 $0 $31,700
2022 $1,542 $31,700 $0 $31,700
2021 $1,528 $31,700 $0 $31,700
2020 $1,524 $31,700 $0 $31,700
2019 $1,526 $31,700 $0 $31,700
2018 $1,425 $32,450 $0 $0
2017 $1,365 $32,450 $0 $0
2016 $1,296 $32,450 $0 $0
2015 $1,239 $32,450 $0 $0
2014 $1,229 $32,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU170652

Bright MLS

APN: 334-13.20-0099.00- 5