NOT LISTED FOR SALE

18308 Cobalt Way Unit 7A Rehoboth Beach, DE 19971

Estimated Value: $387,623 - $555,000

4 Beds
3.5 Baths
3,400 Sq Ft
$149/Sq Ft Est. Value

Last Sold August 29, 2014

Last sale price $257,000 $76 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $2,950/month

67 Days on Market

Highlights

  • Wood Flooring
  • Attic
  • Attached Garage
  • Rehoboth Elementary School Rated A
  • Community Pool
  • Forced Air Heating System

About This Home

As of August 2014

Eligible for Freddie Mac Frist Look Initiative until 6/4/2014 - Allows first time homebuyers owner occupant opportunity to purchase without competition from investors.

Last Listed By

Linda Webb-Jenkins

Keller Williams Realty Central-Delaware Listed on: 05/15/2014

Keller Williams Realty Central-Delaware

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,651

Year Built

  • 2008

Parking

  • Attached Garage

Home Design

  • Block Foundation
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 3,400 Sq Ft Home
  • Property has 2 Levels
  • Combination Kitchen and Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating System
  • Air Source Heat Pump
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 334-12.00-123.02-7A

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,651

Year Built

2008

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Built (Public Record): 2008

Interior Features

  • Entry Floor: 1
  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Attic, Combination Kitchen/Dining
  • Fireplace: No
  • Foundation Details: Block
  • Level Count: 2
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Partially Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 3400
  • Living Area Sq Ft: 3400
  • Net Sq Ft: 3400.00
  • Price Per Sq Ft: 79.38
  • Above Grade Finished Sq Ft: 3400
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Roof: Unknown
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Parking Features: Paved Driveway
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Heat Pump(s)
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Swimming Pool
  • HOA: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 334-12.00-123.02-7A
  • County Tax Payment Frequency: Annually
  • Close Date: 08/29/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2014
Closed on
Aug 4, 2014
Bought by
Jones Terrence W
Seller's Agent
Linda Webb-Jenkins
Keller Williams Realty Central-Delaware
Buyer's Agent
Bruce Plummer
Coldwell Banker Premier - Rehoboth
List Price
$257,000
Sold Price
$257,000
Total Days on Market
67
Current Estimated Value
$507,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,156
Avg. Annual Appreciation
6.37%
Original Mortgage
$192,750
Outstanding Balance
$149,148
Interest Rate
4.12%
Mortgage Type
Unknown
Estimated Equity
$349,150

Purchase Details

Closed on
May 20, 2014
Sold by
Jeffrey Jeffrey
Bought by
Nationstar Mortgage Llc

Range of Values:

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Average Value
Not Available
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
Jones Terrence W $257,000 --
Nationstar Mortgage Llc $274,681 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Terrence W $192,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2014 08/29/14 Sold $257,000 0.0% $76 / Sq Ft
07/21/2014 07/21/14 Pending -- -- --
05/15/2014 05/15/14 For Sale $257,000 -- $76 / 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 $1,651 $32,900 $0 $32,900
2023 $1,650 $32,900 $0 $32,900
2022 $1,592 $32,900 $0 $32,900
2021 $1,580 $32,900 $0 $32,900
2020 $1,575 $32,900 $0 $32,900
2019 $1,580 $32,900 $0 $32,900
2018 $1,478 $33,650 $0 $0
2017 $1,415 $33,650 $0 $0
2016 $1,348 $33,750 $0 $0
2015 $1,288 $33,750 $0 $0
2014 $1,286 $33,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001389704

Bright MLS

APN: 334-12.00-123.02-7A