NOT LISTED FOR SALE

115 Canal St Rehoboth Beach, DE 19971

Estimated Value: $893,760 - $1,065,000

4 Beds
3.5 Baths
2,800 Sq Ft
$360/Sq Ft Est. Value

Last Sold April 03, 2017

Last sale price $600,000 $214 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $5,894/month

152 Days on Market

Highlights

  • Waterfront
  • Canal View
  • Vaulted Ceiling
  • Rehoboth Elementary School Rated A
  • Deck
  • 1-minute walk to Rehoboth Canal Walk

About This Home

As of April 2017

IN TOWN! Enjoy the canal view while sipping your morning coffee or evening cocktail sitting on the 3rd floor deck overlooking the canal. This 3 story 4 bedroom 3.5 bath town home in a boutique community has it all. Generously sized rooms, open floor plan, 2 Master suites, gas fireplace, elevator, tile and carpeted floors and one car garage. Kitchen has corian countertops and new stainless steel stove, dishwasher and microwave oven. HOA covers exterior maintenance of the house, landscaping and snow removal. Easy walk to town or the beach. Original owner & never rented but could produce good rental income!

Last Listed By

Kevin Willner

JOE MAGGIO REALTY Listed on: 10/05/2016

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,700

Year Built

  • Built in 2005

Lot Details

  • Waterfront
  • Landscaped
  • Sprinkler System

HOA Fees

  • $167 Monthly HOA Fees

Home Design

  • Block Foundation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,800 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Window Screens
  • Insulated Doors
  • Combination Kitchen and Living
  • Canal Views
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Whirlpool Bathtub

Laundry

  • Electric Dryer
  • Washer

Home Security

Parking

  • Attached Garage
  • Garage Door Opener

Outdoor Features

  • Water Access
  • Property is near a canal
  • Deck

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Air Source Heat Pump
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-19.08-49.00-G

Community Details

Overview

  • Park Place On The Canal Subdivision

Additional Features

  • Storm Doors
  • Elevator

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,700

Year Built

Built in 2005

Lot Details

0

HOA Fees

$167 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Year Built: 2005
  • Remarks Public: IN TOWN! Enjoy the canal view while sipping your morning coffee or evening cocktail sitting on the 3rd floor deck overlooking the canal. This 3 story 4 bedroom 3.5 bath town home in a boutique community has it all. Generously sized rooms, open floor plan, 2 Master suites, gas fireplace, elevator, tile and carpeted floors and one car garage. Kitchen has corian countertops and new stainless steel stove, dishwasher and microwave oven. HOA covers exterior maintenance of the house, landscaping and snow removal. Easy walk to town or the beach. Original owner & never rented but could produce good rental income!
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Oven - Self Cleaning, Washer, Water Heater
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Attic, Breakfast Area, Kitchen - Eat-In, Combination Kitchen/Living, Entry Level Bedroom, Ceiling Fan(s), Elevator, Whirlpool/Hottub
  • Window Features: Insulated, Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated, Storm
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Block
  • Level Count: 3
  • Levels Count: 3+
  • Room Count: 6
  • Room List: Living Room, Kitchen, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2800
  • Living Area Sq Ft: 2800
  • Net Sq Ft: 2800.00
  • Price Per Sq Ft: 224.64
  • Above Grade Finished Sq Ft: 2800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 115

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Lawn Sprinkler
  • Roof: Architectural Shingle
  • View: Canal
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Type Of Parking: Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2000.00
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Lot Features: Landscaping
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Deck(s)
  • Zoning Description: GENERAL RESIDENTIAL
  • In City Limits: Yes

Building Info

  • Building Features: Elevator

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10187870
  • Tax Annual Amount: 1700.00
  • Assessor Parcel Number: 334-19.08-49.00-G
  • County Tax Payment Frequency: Annually
  • Close Date: 04/03/2017

Multi Family

  • Income Expense List: Total Tax Bill

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2016
Closed on
Apr 3, 2017
Sold by
Wassmuth Michelle A and Wassmuth Patrick O
Bought by
Margaret Angela Watkins Rev Trust Dated
Seller's Agent
Kevin Willner
JOE MAGGIO REALTY
Buyer's Agent
Kathy McGuiness
Jack Lingo - Rehoboth
List Price
$647,500
Sold Price
$600,000
Premium/Discount to List
-$47,500
-7.34%
Total Days on Market
152
Current Estimated Value
$1,008,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$408,190
Avg. Annual Appreciation
6.21%

Range of Values:

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Average Value
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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
Margaret Angela Watkins Rev Trust Dated $600,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wassmuth Michelle A $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2017 04/03/17 Sold $600,000 -7.3% $214 / Sq Ft
03/06/2017 03/06/17 Pending -- -- --
10/05/2016 10/05/16 For Sale $647,500 -- $231 / 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 $1,329 $36,100 $0 $36,100
2023 $1,327 $36,100 $0 $36,100
2022 $1,263 $36,100 $0 $36,100
2021 $1,347 $36,100 $0 $36,100
2020 $1,342 $36,100 $0 $36,100
2019 $1,344 $36,100 $0 $36,100
2018 $1,229 $37,100 $0 $0
2017 $1,560 $37,100 $0 $0
2016 $1,482 $37,100 $0 $0
2015 $1,416 $37,100 $0 $0
2014 $1,406 $37,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001022270

Bright MLS

APN: 334-19.08-49.00-G