NOT LISTED FOR SALE

16 Canal St Rehoboth Beach, DE 19971

Estimated Value: $771,000 - $941,000

3 Beds
2.5 Baths
1,525 Sq Ft
$568/Sq Ft Est. Value

Last Sold August 14, 2024

Last sale price $825,000 $541 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,906/month

77 Days on Market

Highlights

  • Canal View
  • Deck
  • Wooded Lot
  • Rehoboth Elementary School Rated A
  • Contemporary Architecture
  • 1-minute walk to Rehoboth Canal Walk

About This Home

As of August 2024

Step into your tranquil retreat within the sought-after Encampment Grounds of Rehoboth Beach. This end-unit condo offers a serene escape from the hustle and bustle, enveloped by a verdant canopy of trees that paint the landscape with shades of green.
As you enter, you're greeted by the peaceful ambiance of a quiet city street and the distant murmur of the Lewes Rehoboth canal. Multiple decks offer panoramic views of the serene canal waters, providing the perfect backdrop for morning coffee or evening relaxation.
This is more than just a home; it's an invitation to embrace the quintessential Rehoboth Beach lifestyle. Fine dining establishments, charming specialty shops, and the boardwalk are all just a stroll away. And when the call of the beach beckons, it's just a short walk to soak up the sun and surf to your heart's content.
For the savvy investor, this property presents an excellent opportunity with little to no restrictions on rentals. Whether you're seeking a peaceful retreat for yourself or a lucrative investment opportunity, this condo offers the best of both worlds in one of Delaware's most coveted coastal communities. Live here, and every day feels like a vacation.

Last Agent to Sell the Property

Elizabeth Dorman

(302) 381-2777 beth@bethdorman.com Coldwell Banker Premier - Rehoboth Listed on: 05/03/2024

Coldwell Banker Premier - Rehoboth

Last Buyer's Agent

Babs Morales

(302) 841-0797 babs@sellingdelawarehomes.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0016340

Berkshire Hathaway HomeServices PenFed Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,670

Year Built

  • Built in 1992

Lot Details

  • Wooded Lot
  • Property is in good condition

HOA Fees

  • $167 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Open Parking Space
  • 1 Driveway Space
  • Front Facing Garage
  • Gravel Driveway
  • Parking Lot

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 1,525 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Combination Dining and Living Room
  • Canal Views

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Main Floor Bedroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Outdoor Shower
  • Deck

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 334-13.20-177.00-1

Community Details

Overview

  • Association fees include exterior building maintenance, common area maintenance
  • Waterford Court Condo Association Condos
  • Waterford Court Community
  • Encampment Grounds Subdivision

Pet Policy

  • Pets Allowed

Security

  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,670

Year Built

Built in 1992

Lot Details

0

HOA Fees

$167 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1992
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Step into your tranquil retreat within the sought-after Encampment Grounds of Rehoboth Beach. This end-unit condo offers a serene escape from the hustle and bustle, enveloped by a verdant canopy of trees that paint the landscape with shades of green. As you enter, you're greeted by the peaceful ambiance of a quiet city street and the distant murmur of the Lewes Rehoboth canal. Multiple decks offer panoramic views of the serene canal waters, providing the perfect backdrop for morning coffee or evening relaxation. This is more than just a home; it's an invitation to embrace the quintessential Rehoboth Beach lifestyle. Fine dining establishments, charming specialty shops, and the boardwalk are all just a stroll away. And when the call of the beach beckons, it's just a short walk to soak up the sun and surf to your heart's content. For the savvy investor, this property presents an excellent opportunity with little to no restrictions on rentals. Whether you're seeking a peaceful retreat for yourself or a lucrative investment opportunity, this condo offers the best of both worlds in one of Delaware's most coveted coastal communities. Live here, and every day feels like a vacation.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Refrigerator, Oven/Range - Electric, Microwave, Dishwasher, Disposal, Dryer, Washer
  • Entry Floor: 1
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Slab
  • Floors In Unit Count: 3
  • Levels Count: 3
  • Room List: Living Room, Kitchen
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1525
  • Living Area Sq Ft: 1525
  • Price Per Sq Ft: 573.77
  • Above Grade Finished Sq Ft: 1525
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 16

Beds/Baths

  • Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding
  • Exterior Features: Outside Shower
  • Roof: Unknown
  • Spa: No
  • View: Canal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Crushed Stone
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Driveway, Parking Lot
  • Number of Spaces in Driveway: 1
  • Parking Lot Number Of Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2000.00
  • Condo Co-Op Fee Frequency: Annually
  • Condo Co-Op Name: Waterford Court Condo Association
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Common Area Maintenance
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Lot Features: Trees/Wooded
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 1670.00
  • Assessor Parcel Number: 334-13.20-177.00-1
  • County Tax Payment Frequency: Annually
  • Close Date: 08/14/2024

MLS Schools

  • School District Name: CAPE HENLOPEN

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2024 08/14/24 Sold $825,000 -5.7% $541 / Sq Ft
07/19/2024 07/19/24 Pending -- -- --
07/15/2024 07/15/24 Price Changed $875,000 -2.8% $574 / Sq Ft
05/30/2024 05/30/24 Price Changed $900,000 -5.2% $590 / Sq Ft
05/03/2024 05/03/24 For Sale $949,000 -- $622 / 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 $1,774 $38,850 $0 $38,850
2024 $1,964 $38,850 $0 $38,850
2023 $1,962 $38,850 $0 $38,850
2022 $1,894 $38,850 $0 $38,850
2021 $1,877 $38,850 $0 $38,850
2020 $1,871 $38,850 $0 $38,850
2019 $1,874 $38,850 $0 $38,850
2018 $1,750 $39,850 $0 $0
2017 $1,676 $39,850 $0 $0
2016 $1,592 $39,850 $0 $0
2015 $1,521 $39,850 $0 $0
2014 $1,510 $39,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Dorman

    Seller's Agent in 2024

    Elizabeth Dorman

    Coldwell Banker Premier - Rehoboth

    (302) 381-2777

    26 in this area

    193 Total Sales

    Elizabeth Dorman
    Section Image
  • Babs Morales

    Buyer's Agent in 2024

    Babs Morales

    BHHS PenFed (actual)

    (302) 841-0797

    33 in this area

    50 Total Sales

    Babs Morales
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU2061336

Bright MLS

APN: 334-19.08-49.00-D

Delaware Sussex County Rehoboth Beach 19971

16 Canal St, Rehoboth Beach, DE

This home is located at 16 Canal St, Rehoboth Beach, DE 19971 since 03 May 2024 and is currently estimated at $866,000, approximately $567 per square foot. This property was built in 1992. 16 Canal St is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

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