NOT LISTED FOR SALE

18 Nell Loop Unit 16 Rehoboth Beach, DE 19971

Estimated Value: $837,327 - $1,019,000

5 Beds
4.5 Baths
2,300 Sq Ft
$396/Sq Ft Est. Value

Last Sold March 11, 2022

Last sale price $810,000 $352 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,560/month

2 Days on Market

Highlights

  • Pond View
  • 3.72 Acre Lot
  • Wood Flooring
  • Rehoboth Elementary School Rated A
  • Open Floorplan
  • Main Floor Bedroom

About This Home

As of March 2022

This stunning fully furnished and turnkey townhome is perfectly situated within Canal Corkran east of Rt 1 and bikeable to the beach, restaurants and shopping - it truly is the perfect getaway! The main level offers a beautiful kitchen with a large center island open to a great room with a relaxing patio overlooking a quaint pond, an ideal spot for morning coffee. Upstairs, the owner's suite features a walk-out balcony, luxury owner's bath with a walk-in tiled shower, dual vanities and walk-in closet. On the third level you'll love the incredibly spacious area for additional beds or a relaxing den. This place has it all and it's situated in a terrific and vibrant community which has one of the best community pools in the area. The neighborhood is surrounded by lush and mature landscaping which is great for those evening strolls after returning from the beach.

Last Agent to Sell the Property

Ronald Whitesell Jr

Keller Williams Realty Listed on: 02/04/2022

Keller Williams Realty

Last Buyer's Agent

Brian Barrows

Monument Sotheby's International Realty License #RA-0020621

Monument Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,156

Year Built

  • Built in 2003

Lot Details

  • 3.72

HOA Fees

Property Views

  • Pond
  • Courtyard

Home Design

  • Side-by-Side
  • Slab Foundation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,300 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Window Treatments

Kitchen

  • Galley Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Electric Dryer
  • Washer

Home Security

  • Home Security System
  • Motion Detectors

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Public Septic
  • Cable TV Available

Additional Features

  • Level Entry For Accessibility
  • Energy-Efficient Appliances
  • West Facing Home

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-13.00-363.00-16

Community Details

Overview

  • $1,000 Capital Contribution Fee
  • Association fees include all ground fee, common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, pool(s), reserve funds, road maintenance, snow removal, trash
  • Legum Norman HOA
  • Built by Thompson Builders
  • Canal Corkran Subdivision

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,156

Year Built

Built in 2003

Lot Details

0

HOA Fees

$399 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Side-By-Side
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Exclusions: All wall artwork
  • Historic: No
  • Home Warranty: No
  • Inclusions: Furnished
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2022-02-04
  • Federal Flood Zone: No
  • Year Built: 2003
  • Remarks Public: This stunning fully furnished and turnkey townhome is perfectly situated within Canal Corkran east of Rt 1 and bikeable to the beach, restaurants and shopping - it truly is the perfect getaway! The main level offers a beautiful kitchen with a large center island open to a great room with a relaxing patio overlooking a quaint pond, an ideal spot for morning coffee. Upstairs, the owner's suite features a walk-out balcony, luxury owner's bath with a walk-in tiled shower, dual vanities and walk-in closet. On the third level you'll love the incredibly spacious area for additional beds or a relaxing den. This place has it all and it's situated in a terrific and vibrant community which has one of the best community pools in the area. The neighborhood is surrounded by lush and mature landscaping which is great for those evening strolls after returning from the beach.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Energy Efficient Appliances, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Hardwood, Ceramic Tile, Partially Carpeted
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Living, Entry Level Bedroom, Floor Plan - Open, Kitchen - Galley, Kitchen - Island, Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter, Slab
  • Floors In Unit Count: 3
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 2300
  • Living Area Sq Ft: 2300
  • Price Per Sq Ft: 315.22
  • Above Grade Finished Sq Ft: 2300
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 18

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • 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 Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Architectural Shingle
  • Spa: No
  • View: Pond, Courtyard
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Motion Detectors, Smoke Detector, Security System
  • Sewer/Septic System: Public Septic
  • Utilities: Cable Tv, Electric Available, Propane, Sewer Available, Water Available, Other
  • Water Source: Public
  • Municipal Trash: No
  • Internet Services: Cable

Condo/Co-op/Association

  • HOA Fees: 480.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 717.50
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Pool(s), Reserve Funds, Road Maintenance, Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Name: LEGUM NORMAN
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

Fee Information

  • Loss Mitigation Fee?: No
  • Capital Contribution Fee: 1000.00

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: REHOBOTH
  • Middle School: CAPE HENLOPEN
  • High School: CAPE HENLOPEN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: Listing Agent
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: CAPE HENLOPEN

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Land Use Code: RC
  • Lot Size Acres: 3.72
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 162043.00
  • Year Assessed: 2021
  • Zoning: MR
  • In City Limits: No

Building Info

  • Builder Name: Thompson Builders

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5193286
  • School Tax: 1047.00
  • Tax Annual Amount: 1156.00
  • Assessor Parcel Number: 334-13.00-363.00-16
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 03/11/2022

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2022
Closed on
Mar 11, 2022
Sold by
Kenney Price Rachel
Bought by
Bell Charles Gerald and Klein Eric Gerald
Seller's Agent
Ronald Whitesell Jr
Keller Williams Realty
Buyer's Agent
Brian Barrows
Monument Sotheby's International Realty
List Price
$725,000
Sold Price
$810,000
Premium/Discount to List
$85,000
11.72%
Total Days on Market
2
Current Estimated Value
$911,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,082
Avg. Annual Appreciation
3.20%
Original Mortgage
$602,000
Outstanding Balance
$567,063
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$331,809

Purchase Details

Closed on
Aug 18, 2011
Bought by
Price Rachel Kenney
Source: Public Records

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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
Bell Charles Gerald $810,000 Ward & Taylor Llc
Price Rachel Kenney -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bell Charles Gerald $602,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2022 03/11/22 Sold $810,000 +11.7% $352 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $725,000 -- $315 / 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
2024 $1,259 $24,550 $0 $24,550
2023 $1,258 $24,550 $0 $24,550
2022 $1,214 $24,550 $0 $24,550
2021 $1,203 $24,550 $0 $24,550
2020 $1,200 $24,550 $0 $24,550
2019 $1,201 $24,550 $0 $24,550
2018 $1,122 $25,550 $0 $0
2017 $1,074 $25,550 $0 $0
2016 $1,021 $25,550 $0 $0
2015 $975 $25,550 $0 $0
2014 $968 $25,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ronald Whitesell Jr

    Seller's Agent in 2022

    Ronald Whitesell Jr

    Keller Williams Realty

    (302) 858-6786

    10 in this area

    21 Total Sales

    Ronald Whitesell Jr
    Section Image
  • Brian Barrows

    Buyer's Agent in 2022

    Brian Barrows

    OCEAN ATLANTIC SOTHEBYS

    (302) 228-0204

    141 in this area

    395 Total Sales

    Brian Barrows
    Section Image
  • Jennifer Barrows

    Buyer Co-Listing Agent in 2022

    Jennifer Barrows

    OCEAN ATLANTIC SOTHEBYS

    (302) 841-9505

    108 in this area

    252 Total Sales

    Jennifer Barrows
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2014880

Bright MLS

APN: 334-13.00-363.00-16

Delaware Sussex County Rehoboth Beach 19971

18 Nell Loop Unit 16, Rehoboth Beach, DE

This home is located at 18 Nell Loop Unit 16, Rehoboth Beach, DE 19971 since 04 February 2022 and is currently estimated at $911,082, approximately $396 per square foot. This property was built in 2003. 18 Nell Loop Unit 16 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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