NOT LISTED FOR SALE

1400 Pebble Dr Unit 1402 Rehoboth Beach, DE 19971

Estimated Value: $243,330 - $359,000

2 Beds
2 Baths
940 Sq Ft
$255/mo HOA Fee

Last Sold April 30, 2021

Last sale price $225,000 $239 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,044/month

Highlights

  • Porch
  • Screened Patio
  • Dogs and Cats Allowed
  • Rehoboth Elementary School Rated A
  • Central Air
  • Carpet

About This Home

As of April 2021

This first floor 2 bedroom, 2 bathroom condo unit located in Creekwood Annex is centrally located between Rehoboth Beach and Lewes. Conveniently located just off Route One. No stairs to climb! Perfect for your primary residence, vacation home, or investment property. Unit is leased through April 30, 2020. Unit is part of Creekwood Annex, and is part of a separate condominium association. It does not have access to the Creekwood swimming pool.

Last Agent to Sell the Property

BENJAMIN GORDY

(302) 227-6767 bgordy@dsmre.com Monument Sotheby's International Realty License #RS-0019600 Listed on: 03/04/2021

Monument Sotheby's International Realty

Co-Listed By

Jaime Zolper

(302) 245-7466 jaime@oacompanies.com Monument Sotheby's International Realty License #RS-0016192

Last Buyer's Agent

Brian Barrows

(302) 228-0204 brian@barrowsandassoc.com Monument Sotheby's International Realty License #RA-0020621

Monument Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $585

Year Built

  • Built in 2004

Lot Details

  • 2,396

HOA Fees

  • $255 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 940 Sq Ft Home
  • Property has 1 Level

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Parking

  • Paved Parking
  • Parking Lot

Outdoor Features

  • Screened Patio
  • Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 334-13.00-3.04-1402

Community Details

Overview

  • $300 Capital Contribution Fee
  • Association fees include common area maintenance, lawn maintenance, management, reserve funds, road maintenance, trash
  • Low-Rise Condominium
  • Creekwood Annex Condos, Phone Number (302) 644-2752
  • Creekwood Subdivision
  • Property Manager

Amenities

  • Common Area

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$585

Year Built

Built in 2004

Lot Details

0

HOA Fees

$255 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
  • Ownership: Condominium
  • Home Warranty: No
  • Inclusions: Range, refrigerator, dishwasher, water heater, screens, smoke detectors, washer, dryer, ceilings fans
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: This first floor 2 bedroom, 2 bathroom condo unit located in Creekwood Annex is centrally located between Rehoboth Beach and Lewes. Conveniently located just off Route One. No stairs to climb! Perfect for your primary residence, vacation home, or investment property. Unit is leased through April 30, 2020. Unit is part of Creekwood Annex, and is part of a separate condominium association. It does not have access to the Creekwood swimming pool.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Vinyl
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Slab
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 940
  • Living Area Sq Ft: 940
  • Price Per Sq Ft: 234.04
  • Above Grade Finished Sq Ft: 940
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1400

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, Vinyl Siding
  • Exterior Features: Sidewalks
  • Roof: Asphalt
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking
  • 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
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: No
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 255.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Creekwood Annex
  • Condo Co-Op Phone: 302-644-2752
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Management, Reserve Funds, Road Maintenance, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 300.00

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: REHOBOTH
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 300200396895
  • School District Source: 3rd Party
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Porch(es), Screened
  • Year Assessed: 2020
  • Zoning: C-1
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Total Actual Rent: 13380.00
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5192123
  • School Tax: 529.00
  • Tax Annual Amount: 585.00
  • Assessor Parcel Number: 334-13.00-3.04-1402
  • Tax Total Finished Sq Ft: 940
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 04/30/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
Apr 30, 2021
Sold by
Schell Preston A
Bought by
Madonna Jacob D and Zabowski Peter E
Seller's Agent
BENJAMIN GORDY
Monument Sotheby's International Realty
Buyer's Agent
Brian Barrows
Monument Sotheby's International Realty
List Price
$220,000
Sold Price
$225,000
Premium/Discount to List
$5,000
2.27%
Current Estimated Value
$325,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,583
Avg. Annual Appreciation
9.03%
Original Mortgage
$213,750
Outstanding Balance
$193,711
Interest Rate
3.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$136,222
Source: Public Records

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
Madonna Jacob D $225,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madonna Jacob D $213,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2021 04/30/21 Sold $225,000 +2.3% $239 / Sq Ft
03/04/2021 03/04/21 For Sale $220,000 -- $234 / 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 $675 $12,450 $0 $12,450
2024 $636 $12,450 $0 $12,450
2023 $635 $12,450 $0 $12,450
2022 $613 $12,450 $0 $12,450
2021 $607 $12,450 $0 $12,450
2020 $606 $12,450 $0 $12,450
2019 $607 $12,450 $0 $12,450
2018 $566 $12,900 $0 $0
2017 $542 $12,900 $0 $0
2016 $515 $12,900 $0 $0
2015 $492 $12,900 $0 $0
2014 $489 $12,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU178524

Bright MLS

APN: 334-13.00-3.04-1402