16 Wills Way Unit 48 Rehoboth Beach, DE 19971
Estimated Value: $830,224 - $977,000
4
Beds
3.5
Baths
2,400
Sq Ft
$376/Sq Ft
Est. Value
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!
Last Agent to Sell the Property
Keller Williams Realty License #RS0026088 Listed on: 03/21/2024
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%
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
-$2,444
Avg. Annual Appreciation
-0.25%
Original Mortgage
$679,500
Outstanding Balance
$654,136
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$249,420
Similar Homes in Rehoboth Beach, DE
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Boyd Ethna Fidelma | $906,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Boyd Ethna Fidelma | $679,500 |
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 Compared to Growth
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
Agents Affiliated with this Home
-
Krystal Casey
Seller's Agent in 2024
Krystal Casey
Keller Williams Realty
(302) 604-4683
3 in this area
106 Total Sales
-
Jamie Coleman
Buyer's Agent in 2024
Jamie Coleman
Patterson Schwartz
(302) 344-7158
32 in this area
110 Total Sales
-
PATRICIA RATNER
P
Seller's Agent in 2023
PATRICIA RATNER
BHHS PenFed (actual)
(302) 227-6554
-
Jamie Riddle
Buyer's Agent in 2023
Jamie Riddle
The Parker Group
(302) 752-0828
2 in this area
47 Total Sales
-
DEBBIE REED
Seller's Agent in 2015
DEBBIE REED
RE/MAX
(302) 227-3818
296 in this area
886 Total Sales
-
Cyndi Marsh
Seller Co-Listing Agent in 2015
Cyndi Marsh
RE/MAX
(302) 363-5734
32 in this area
77 Total Sales
Map
Source: Bright MLS
MLS Number: DESU2058448
APN: 334-13.00-363.02-48
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