16 Wills Way Unit 48 Rehoboth Beach, DE 19971
4
Beds
3.5
Baths
2,400
Sq Ft
$401/mo
HOA Fee
Highlights
- 15 Feet of Waterfront
- Water Oriented
- Clubhouse
- Rehoboth Elementary School Rated A
- Lake View
- Deck
About This Home
As of June 2024LOCATION LOCATION LOCATION! This rarely available townhome is nestled within the tranquil Canal Corkran community, located along the Lewes-Rehoboth Canal, less than a mile from your feet in the sand at Rehoboth Beach! Its location is one of the best in Coastal Delaware, providing easy access to shopping, top-rated dining, and entertainment options, all within minutes. This lovely 4-bedroom, 3.5-bathroom townhome overlooks one of the community's serene fountain ponds. The first floor offers two spacious bedrooms overlooking the pond, a full bath, washer/dryer, and a cozy patio accessible by slider from both bedrooms. On the main level, you'll find a comfortable open living area flowing into the kitchen with a breakfast bar, a dining area, and a deck overlooking the pond. You will also find a half bath and a bedroom with an ensuite bathroom and walk-in closet. The primary suite encompasses the entire third floor, featuring a sitting area, a sizable walk-in closet, and a primary bath. Enjoy the central vacuum for added convenience after those sandy beach days. The garage offers storage space for bikes and beach gear, along with convenient storage shelving and a closet. Tucked away from the hustle and bustle of downtown Rehoboth Beach, Canal Corkran offers a peaceful retreat with its gorgeous homes, Olympic size pool, beautiful green common areas, and a private path to Rehoboth Avenue, providing the perfect blend of relaxation and convenience. Outdoor enthusiasts will love the access to the Breakwater & Junction Biking/Walking trail right at the entrance of the community. 1 YEAR BUYER HOME WARRANTY INCLUDED IN THE SALE. Opportunities like this, so close to downtown Rehoboth Beach, are rare. Whether you are looking for a primary residence, vacation home, or an investment property, this is one you do not want to miss—schedule a viewing today!
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,227
Year Built
- Built in 2003
Lot Details
- 8,712 Sq Ft Lot
- 15 Feet of Waterfront
- Backs To Open Common Area
- Southwest Facing Home
- Landscaped
- Partially Wooded Lot
HOA Fees
Parking
- 1 Car Attached Garage
- Garage Door Opener
- Off-Street Parking
Property Views
- Lake
- Pond
Home Design
- Contemporary Architecture
- Slab Foundation
- Frame Construction
- Architectural Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,400 Sq Ft Home
- Property has 3 Levels
- Central Vacuum
- Partially Furnished
- Ceiling Fan
- Gas Fireplace
- Window Treatments
- Open Floorplan
- Monitored
Kitchen
- Breakfast Area or Nook
- Electric Oven or Range
- Microwave
- Dishwasher
- Kitchen Island
Flooring
- Carpet
- Tile or Brick
Bedrooms and Bathrooms
Laundry
- Laundry in unit
- Electric Dryer
- Washer
Accessible Home Design
- More Than Two Accessible Exits
Outdoor Features
- Water Oriented
- Property is near a pond
- Pond
- Balcony
- Deck
- Patio
Schools
- Rehoboth Elementary School
- Beacon Middle School
- Cape Henlopen High School
Utilities
- Central Air
- Back Up Electric Heat Pump System
- Electric Water Heater
Listing and Financial Details
- Property is used as a vacation rental
- Assessor Parcel Number 334-13.00-363.02-48
Community Details
Overview
- $1,000 Capital Contribution Fee
- Association fees include pool(s), lawn maintenance, common area maintenance, trash, snow removal, exterior building maintenance
- Built by Thompson Builders
- Canal Corkran Subdivision, Award Winning Custom Builder Floorplan
- Property Manager
Amenities
- Clubhouse
Recreation
- Community Pool
Pet Policy
- No Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 21, 2024
Closed on
Jun 7, 2024
Sold by
Applegate Richard R and Applegate Alice A
Bought by
Boyd Ethna Fidelma and Leskey Tracy
Seller's Agent
Krystal Casey
Keller Williams Realty
Buyer's Agent
Jamie Coleman
Patterson-Schwartz-Rehoboth
List Price
$915,000
Sold Price
$906,000
Premium/Discount to List
-$9,000
-0.98%
Total Days on Market
26
Views
52
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,893
Avg. Annual Appreciation
0.80%
Original Mortgage
$679,500
Outstanding Balance
$656,504
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$256,242
Map
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Similar Homes in Rehoboth Beach, DE
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $906,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $679,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/07/2024 06/07/24 | Sold | $906,000 | -1.0% | $378 / Sq Ft |
| 04/17/2024 04/17/24 | Pending | -- | -- | -- |
| 03/21/2024 03/21/24 | For Sale | $915,000 | 0.0% | $381 / Sq Ft |
| 02/13/2023 02/13/23 | Rented | $2,450 | 0.0% | -- |
| 02/07/2023 02/07/23 | For Rent | $2,450 | 0.0% | -- |
| 09/25/2015 09/25/15 | Sold | $550,000 | 0.0% | $239 / Sq Ft |
| 08/13/2015 08/13/15 | Pending | -- | -- | -- |
| 02/16/2015 02/16/15 | For Sale | $550,000 | -- | $239 / Sq Ft |
Source: Bright MLS
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 | $1,227 | $23,900 | $0 | $23,900 |
| 2023 | $1,226 | $23,900 | $0 | $23,900 |
| 2022 | $1,183 | $23,900 | $0 | $23,900 |
| 2021 | $1,173 | $23,900 | $0 | $23,900 |
| 2020 | $1,169 | $23,900 | $0 | $23,900 |
| 2019 | $1,171 | $23,900 | $0 | $23,900 |
| 2018 | $1,093 | $24,900 | $0 | $0 |
| 2017 | $1,047 | $24,900 | $0 | $0 |
| 2016 | $995 | $24,900 | $0 | $0 |
| 2015 | $950 | $24,900 | $0 | $0 |
| 2014 | $943 | $24,900 | $0 | $0 |
Source: Public Records
Source: Bright MLS
MLS Number: DESU2058448
APN: 334-13.00-363.02-48
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