NOT LISTED FOR SALE

100 Cascade Ln Unit 112 Rehoboth Beach, DE 19971

Estimated Value: $220,668 - $389,000

2 Beds
2 Baths
1,038 Sq Ft
$206/mo HOA Fee

Last Sold November 04, 2019

Last sale price $209,000 $201 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,128/month

192 Days on Market

Highlights

  • Clubhouse
  • Community Pool
  • Central Air
  • Rehoboth Elementary School Rated A
  • Doors swing in
  • Vinyl Flooring

About This Home

As of November 2019

A great investment property! Current tenants have a lease until 12/31/2019. New LVP floors throughout the unit and freshly painted a year ago. Within the past 2 years a new hot water heater, dishwasher and refrigerator have been added. One of the partners in the LLC is a licensed Realtor in DE.

Last Agent to Sell the Property

GLENN FORNOFF

Iron Valley Real Estate at The Beach Listed on: 03/09/2019

Iron Valley Real Estate at The Beach

Last Buyer's Agent

GLENN FORNOFF

Iron Valley Real Estate at The Beach Listed on: 03/09/2019

Iron Valley Real Estate at The Beach

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $610

Year Built

  • Built in 2002

HOA Fees

  • $206 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,038 Sq Ft Home
  • Property has 1 Level
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Doors swing in

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 334-13.00-3.01-112

Community Details

Overview

  • Association fees include pool(s), road maintenance, lawn maintenance
  • Low-Rise Condominium
  • Creekwood Subdivision
  • Property Manager

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$610

Year Built

Built in 2002

Lot Details

0

HOA Fees

$206 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Doors - Swing In
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2002
  • Remarks Public: A great investment property! Current tenants have a lease until 12/31/2019. New LVP floors throughout the unit and freshly painted a year ago. Within the past 2 years a new hot water heater, dishwasher and refrigerator have been added. One of the partners in the LLC is a licensed Realtor in DE.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring Type: Vinyl
  • Fireplace: No
  • Levels Count: 1
  • Room Count: 5
  • Basement: No
  • Total Sq Ft: 1038
  • Living Area Sq Ft: 1038
  • Price Per Sq Ft: 201.35
  • Above Grade Finished Sq Ft: 1038
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 100

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 617.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Pool(s), Road Maintenance, Lawn Maintenance
  • HOA: No
  • Senior Community: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Year Assessed: 2018
  • Zoning: D
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: Yes
  • Total Actual Rent: 13200.00
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 7226848
  • School Tax: 549.00
  • Tax Annual Amount: 610.00
  • Assessor Parcel Number: 334-13.00-3.01-112
  • Tax Total Finished Sq Ft: 1038
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 11/04/2019

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2015
Sold by
Thomas J Thomas J and Miller Joanne R
Bought by
Jg Realty Holdings Llc
Current Estimated Value
$335,917
Source: Public Records

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Range of Values:

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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
Jg Realty Holdings Llc $162,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Daniar Michael E $211,111
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2019 11/04/19 Sold $209,000 0.0% $201 / Sq Ft
09/17/2019 09/17/19 Pending -- -- --
04/11/2019 04/11/19 Price Changed $209,000 -5.0% $201 / Sq Ft
03/09/2019 03/09/19 For Sale $219,900 -- $212 / 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 $685 $13,200 $0 $13,200
2023 $685 $13,200 $0 $13,200
2022 $661 $13,200 $0 $13,200
2021 $655 $13,200 $0 $13,200
2020 $653 $13,200 $0 $13,200
2019 $654 $13,200 $0 $13,200
2018 $610 $13,900 $0 $0
2017 $585 $13,900 $0 $0
2016 $555 $13,900 $0 $0
2015 $531 $13,900 $0 $0
2014 $527 $13,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU133804

Bright MLS

APN: 334-13.00-3.01-112