NOT LISTED FOR SALE

2 Canal Landing Unit 1 Rehoboth Beach, DE 19971

Estimated Value: $774,984 - $1,003,000

4 Beds
3.5 Baths
2,600 Sq Ft
$351/Sq Ft Est. Value

Last Sold December 19, 2014

Last sale price $553,000 $213 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $5,472/month

161 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • Main Floor Bedroom
  • Rehoboth Elementary School Rated A
  • Wood Flooring
  • Corner Lot

About This Home

As of December 2014

Former model Townhome-end unit FURNISHED AS SEEN -w/ custom paint , blinds, bamboo floors , multiple decks - screened porch, gas fireplace, great rental income for 2014. Really a turn key property .

Last Listed By

HENRY MCKAY

Jack Lingo - Rehoboth License #RS-0014889 Listed on: 06/10/2014

Jack Lingo - Rehoboth

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,659

Year Built

  • Built in 2002

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,600 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Window Screens
  • Family Room
  • Living Room
  • Dining Room
  • Stacked Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom

Parking

  • Attached Garage
  • Driveway
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Deck
  • Screened Patio
  • Porch

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-13.20-99.00-1

Community Details

Overview

  • Association fees include lawn maintenance
  • Canal Landing Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,659

Year Built

Built in 2002

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Year Built: 2002
  • Remarks Public: Former model Townhome-end unit FURNISHED AS SEEN -w/ custom paint , blinds, bamboo floors , multiple decks - screened porch, gas fireplace, great rental income for 2014. Really a turn key property .
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 4

Interior Features

  • Appliances: Dishwasher, Disposal, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Washer/Dryer Stacked, Water Heater
  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Kitchen - Eat-In, Entry Level Bedroom, Ceiling Fan(s)
  • Window Features: Screens
  • Fireplace Features: Gas/Propane
  • Fireplace: No
  • Foundation Details: Slab
  • Floors In Unit Count: 4
  • Level Count: 4
  • Levels Count: 3+
  • Room Count: 8
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2600
  • Living Area Sq Ft: 2600
  • Net Sq Ft: 2600.00
  • Price Per Sq Ft: 222.69
  • Above Grade Finished Sq Ft: 2600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2

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
  • Pool Features: In Ground
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal, Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Parking Features: Assigned, Paved Driveway
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Zoned
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 406.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 3000.00
  • HOA Condo Co-Op Amenities: Cable, Reserved/Assigned Parking, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance
  • HOA: No
  • Community Pool Features: In Ground

Schools

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

Lot Info

  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es), Screened

Rental Info

  • Furnished: Yes
  • Ground Rent Pymnt Freq: Annually
  • Total Actual Rent: 41000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 334-13.20-99.00-1
  • County Tax Payment Frequency: Annually
  • Close Date: 12/19/2014

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2025
Sold by
Deluca Loretta Monterastelli
Bought by
Lmd Revocable Trust and Deluca
Total Days on Market
161
Current Estimated Value
$912,746

Purchase Details

Closed on
Apr 23, 2021
Sold by
Toth James D and Zingaro-Toth Lauren M
Bought by
Deluca Loretta M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,610
Interest Rate
3.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Jun 10, 2014
Closed on
Dec 19, 2014
Sold by
David David
Bought by
Toth James D and Zingaro Toth Lauren M
Seller's Agent
HENRY MCKAY
Jack Lingo - Rehoboth
Buyer's Agent
Mary Lou Korzenewski
Long & Foster Real Estate, Inc.
List Price
$553,000
Sold Price
$553,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.23%
Original Mortgage
$387,100
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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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
Lmd Revocable Trust -- None Listed On Document
Lmd Revocable Trust -- None Listed On Document
Deluca Loretta M $648,610 None Available
Toth James D $553,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deluca Loretta M $448,610
Previous Owner Toth James D $387,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2014 12/19/14 Sold $553,000 0.0% $213 / Sq Ft
11/18/2014 11/18/14 Pending -- -- --
06/10/2014 06/10/14 For Sale $553,000 -- $213 / 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 $1,659 $32,900 $0 $32,900
2023 $1,657 $32,900 $0 $32,900
2022 $1,599 $32,900 $0 $32,900
2021 $1,585 $32,900 $0 $32,900
2020 $1,580 $32,900 $0 $32,900
2019 $1,582 $32,900 $0 $32,900
2018 $1,478 $33,650 $0 $0
2017 $1,415 $33,650 $0 $0
2016 $1,344 $33,650 $0 $0
2015 $1,284 $33,650 $0 $0
2014 $1,275 $33,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000983220

Bright MLS

APN: 334-13.20-0099.00- 1