NOT LISTED FOR SALE

127 Canal St Unit A Rehoboth Beach, DE 19971

Estimated Value: $1,032,360

4 Beds
3.5 Baths
2,580 Sq Ft
$400/Sq Ft Est. Value

Last Sold April 19, 2022

Last sale price $869,000 $337 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,812/month

Highlights

  • 30 Feet of Waterfront
  • Water Oriented
  • Main Floor Bedroom
  • Rehoboth Elementary School Rated A
  • Canal View
  • 2-minute walk to Rehoboth Canal Walk

About This Home

As of April 2022

WATERFRONT ON THE CANAL. This premier 3-story canal-front freshly painted townhouse is located just minutes from the beach in Rehoboth and features 4 bedrooms, 3.5 baths and a fabulous open living and dining area on the 3rd level with gorgeous flooring, fireplace, and ceiling fans. The kitchen boasts stainless steel appliances, an eat-in breakfast bar, and a large dining area. The balconies on the 2nd and 3rd levels offer wonderful views of the canal and the two 1st level bedrooms walk out to a patio area where you can enjoy the private backyard and its scenic waterfront views of the canal and trees. A great place to relax and entertain. The second level features two master bedrooms, each with their own private baths and the first level has easy access to two additional and spacious bedrooms, laundry area, and elevator access to the upstairs. Don’t miss this opportunity to join the other neighbors in this rarely offered neighborhood of Park Place on the Canal. A fantastic location where you can keep your car in the garage while you walk to the beach and all Rehoboth has to offer: restaurants, entertainment, shopping, and more! Make plans to visit today.

Last Agent to Sell the Property

Andy Staton

(302) 841-2127 andy@andytoday.com Monument Sotheby's International Realty License #RS-0016036 Listed on: 10/22/2021

Monument Sotheby's International Realty

Last Buyer's Agent

SCOTT DAILEY

(302) 236-9116 scott@sunrisesells.com Dailey Dailey Real Estate License #RB-0020630

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,754

Year Built

  • Built in 2005

Lot Details

  • 4,661

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Frame Construction
  • Pitched Roof
  • Architectural Shingle Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation
  • Stick Built Home

Interior Spaces

  • 2,580 Sq Ft Home
  • Property has 3 Levels
  • Fireplace
  • Combination Kitchen and Living
  • Dining Room
  • Canal Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

Outdoor Features

  • Water Oriented
  • Property is near a canal

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Private Sewer

Additional Features

  • Accessible Elevator Installed
  • 30 Feet of Waterfront
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 334-19.08-49.00

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance
  • Ja Moore & Sons Condos, Phone Number (302) 226-8080
  • Park Place On The Canal Subdivision

Amenities

  • Common Area

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,754

Year Built

Built in 2005

Lot Details

0

HOA Fees

$200 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2021-10-23
  • Federal Flood Zone: Yes
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Remarks Public: WATERFRONT ON THE CANAL. This premier 3-story canal-front freshly painted townhouse is located just minutes from the beach in Rehoboth and features 4 bedrooms, 3.5 baths and a fabulous open living and dining area on the 3rd level with gorgeous flooring, fireplace, and ceiling fans. The kitchen boasts stainless steel appliances, an eat-in breakfast bar, and a large dining area. The balconies on the 2nd and 3rd levels offer wonderful views of the canal and the two 1st level bedrooms walk out to a patio area where you can enjoy the private backyard and its scenic waterfront views of the canal and trees. A great place to relax and entertain. The second level features two master bedrooms, each with their own private baths and the first level has easy access to two additional and spacious bedrooms, laundry area, and elevator access to the upstairs. Don’t miss this opportunity to join the other neighbors in this rarely offered neighborhood of Park Place on the Canal. A fantastic location where you can keep your car in the garage while you walk to the beach and all Rehoboth has to offer: restaurants, entertainment, shopping, and more! Make plans to visit today.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Combination Kitchen/Living, Elevator, Entry Level Bedroom, Kitchen - Eat-In
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Kitchen
  • Basement: No
  • Total Sq Ft: 2580
  • Living Area Sq Ft: 2580
  • Price Per Sq Ft: 383.33
  • Above Grade Finished Sq Ft: 2580
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 127

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding, Frame, Stick Built
  • Roof: Pitched, Architectural Shingle
  • View: Canal
  • Water Access: No
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 30

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Off Street
  • Off Street Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 600.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: JA Moore & Sons
  • Condo Co-Op Phone: 302-226-8080
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, 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: CX
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2021
  • Zoning: TN
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 22086726
  • School Tax: 1353.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1754.00
  • Assessor Parcel Number: 334-19.08-49.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 04/19/2022

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2021
Closed on
Apr 8, 2022
Sold by
Thomas Ingold Revocable Trust
Bought by
Donohue Sean
Seller's Agent
Andy Staton
Monument Sotheby's International Realty
Buyer's Agent
SCOTT DAILEY
Dailey Dailey Real Estate
List Price
$989,000
Sold Price
$869,000
Premium/Discount to List
-$120,000
-12.13%
Current Estimated Value
$1,032,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,360
Avg. Annual Appreciation
5.12%
Original Mortgage
$782,100
Outstanding Balance
$738,173
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$294,187

Purchase Details

Closed on
Nov 9, 2012
Sold by
Ingold Thomas
Bought by
Ingold Thomas
Source: Public Records

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
Donohue Sean $869,000 Benson Bonnie M
Ingold Thomas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donohue Sean $782,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2022 04/19/22 Sold $869,000 -12.1% $337 / Sq Ft
03/04/2022 03/04/22 Pending -- -- --
02/28/2022 02/28/22 For Sale $989,000 +13.8% $383 / Sq Ft
12/30/2021 12/30/21 Off Market $869,000 -- --
12/02/2021 12/02/21 For Sale $989,000 0.0% $383 / Sq Ft
11/28/2021 11/28/21 Pending -- -- --
11/09/2021 11/09/21 Price Changed $989,000 -8.8% $383 / Sq Ft
10/22/2021 10/22/21 For Sale $1,084,900 -- $421 / 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
2025 $1,672 $40,100 $0 $40,100
2024 $2,026 $40,100 $0 $40,100
2023 $2,024 $40,100 $0 $40,100
2022 $1,953 $40,100 $0 $40,100
2021 $1,535 $40,100 $0 $40,100
2020 $1,530 $40,100 $0 $40,100
2019 $1,532 $40,100 $0 $40,100
2018 $1,405 $41,100 $0 $0
2017 $1,328 $41,100 $0 $0
2016 $1,142 $41,100 $0 $0
2015 $1,069 $41,100 $0 $0
2014 $1,057 $41,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2008094

Bright MLS

APN: 334-19.08-49.00-A