NOT LISTED FOR SALE

2 Caroline Ln Unit 25 Rehoboth Beach, DE 19971

Estimated Value: $566,000 - $736,000

5 Beds
3.5 Baths
1,875 Sq Ft
$333/Sq Ft Est. Value

Last Sold August 10, 2020

Last sale price $430,000 $229 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,804/month

1 Day on Market

Highlights

  • Open Floorplan
  • Main Floor Bedroom
  • Furnished
  • Rehoboth Elementary School Rated A
  • Sun or Florida Room
  • Great Room

About This Home

As of August 2020

A rare find in the highly desirable community of Eagles Landing! This end unit twin home is being sold FULLY FURNISHED & TURN KEY and offers a one car garage. With exceptional rental history, the newly refreshed two story townhome features an open concept floorplan with a spacious great room, dining room off the kitchen, a first level master suite, sunroom, and patio. Upstairs there are four additional bedrooms including a 2nd suite and another full bath. Eagles Landing offers three pools, tennis courts, a clubhouse and is an easy two block walk to restaurants and the shuttle stop. Enjoy a bike ride or stroll into downtown Rehoboth and the boardwalk & Atlantic Ocean. Blink and it will be gone - don't miss out on this beach getaway! Interior photos coming this week but we wanted you to have your chance to grab this property now!

Last Agent to Sell the Property

Brian Barrows

Monument Sotheby's International Realty License #RA-0020621 Listed on: 06/20/2020

Monument Sotheby's International Realty

Co-Listed By

Jennifer Barrows

Monument Sotheby's International Realty

Last Buyer's Agent

Denise Karas

Compass License #RS-0022504

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,105

Year Built

  • Built in 2004

HOA Fees

  • $277 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 2 Driveway Spaces
  • Garage Door Opener

Home Design

  • Villa
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 1,875 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Great Room
  • Dining Room
  • Sun or Florida Room
  • Carpet

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Enclosed patio or porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-19.00-163.23-25

Community Details

Overview

  • $440 Recreation Fee
  • $200 Capital Contribution Fee
  • Association fees include common area maintenance, lawn maintenance, pool(s), exterior building maintenance, recreation facility
  • $175 Other One-Time Fees
  • Eagles Landing Subdivision
  • Property Manager

Amenities

  • Common Area
  • Community Center
  • Recreation Room

Recreation

  • Tennis Courts
  • Lap or Exercise Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,105

Year Built

Built in 2004

Lot Details

0

HOA Fees

$277 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Villa
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2020-06-26
  • Federal Flood Zone: No
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Remarks Public: A rare find in the highly desirable community of Eagles Landing! This end unit twin home is being sold FULLY FURNISHED & TURN KEY and offers a one car garage. With exceptional rental history, the newly refreshed two story townhome features an open concept floorplan with a spacious great room, dining room off the kitchen, a first level master suite, sunroom, and patio. Upstairs there are four additional bedrooms including a 2nd suite and another full bath. Eagles Landing offers three pools, tennis courts, a clubhouse and is an easy two block walk to restaurants and the shuttle stop. Enjoy a bike ride or stroll into downtown Rehoboth and the boardwalk & Atlantic Ocean. Blink and it will be gone - don't miss out on this beach getaway! Interior photos coming this week but we wanted you to have your chance to grab this property now!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Water Heater, Washer, Oven/Range - Electric, Microwave, Dryer, Dishwasher
  • Interior Amenities: Carpet, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Floor Plan - Open, Primary Bath(s), Pantry, Recessed Lighting
  • Fireplace: No
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Sun/Florida Room, Great Room, Laundry, Primary Bathroom, Full Bath, Half Bath
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1875
  • Living Area Sq Ft: 1875
  • Price Per Sq Ft: 224.00
  • Above Grade Finished Sq Ft: 1875
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

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

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 830.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tennis Courts, Common Grounds, Community Center, Recreational Center
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Pool(s), Ext Bldg Maint, Recreation Facility
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: 440.00
  • Association Recreation Fee: Yes
  • Community Pool Features: Fenced, Lap/Exercise

Fee Information

  • Other Fees: 175.00
  • Other Fees Frequency: One Time
  • Capital Contribution Fee: 200.00

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: REHOBOTH
  • Middle School: BEACON
  • 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: BEACON

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Patio(s), Porch(es), Enclosed
  • Year Assessed: 2019
  • Zoning: HR-2
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5200500
  • School Tax: 1000.00
  • Tax Annual Amount: 1105.00
  • Assessor Parcel Number: 334-19.00-163.23-25
  • Tax Total Finished Sq Ft: 686
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 08/10/2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2020
Closed on
Aug 10, 2020
Sold by
Tripp Howard T and Tripp Kerry
Bought by
Driscoll Catherine H and Vasagam Kamala
Seller's Agent
Brian Barrows
Monument Sotheby's International Realty
Buyer's Agent
Denise Karas
Compass
List Price
$420,000
Sold Price
$430,000
Premium/Discount to List
$10,000
2.38%
Current Estimated Value
$623,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,639
Avg. Annual Appreciation
8.72%
Original Mortgage
$322,500
Outstanding Balance
$288,642
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$359,213
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
Driscoll Catherine H $430,000 None Available
Driscoll Catherine H $430,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Driscoll Catherine H $322,500
Closed Driscoll Catherine H $322,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2020 08/10/20 Sold $430,000 +2.4% $229 / Sq Ft
06/21/2020 06/21/20 Pending -- -- --
06/20/2020 06/20/20 For Sale $420,000 -- $224 / 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 $1,203 $23,500 $0 $23,500
2023 $1,202 $23,500 $0 $23,500
2022 $1,160 $23,500 $0 $23,500
2021 $1,149 $23,500 $0 $23,500
2020 $1,146 $23,500 $0 $23,500
2019 $1,147 $23,500 $0 $23,500
2018 $1,072 $24,400 $0 $0
2017 $1,026 $24,400 $0 $0
2016 $975 $24,400 $0 $0
2015 $931 $24,400 $0 $0
2014 $924 $24,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Barrows

    Seller's Agent in 2020

    Brian Barrows

    OCEAN ATLANTIC SOTHEBYS

    (302) 228-0204

    141 in this area

    393 Total Sales

    Brian Barrows
    Section Image
  • Jennifer Barrows

    Seller Co-Listing Agent in 2020

    Jennifer Barrows

    OCEAN ATLANTIC SOTHEBYS

    (302) 841-9505

    108 in this area

    251 Total Sales

    Jennifer Barrows
    Section Image
  • Denise Karas

    Buyer's Agent in 2020

    Denise Karas

    Compass

    (443) 226-0560

    22 in this area

    57 Total Sales

    Denise Karas
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU163000

Bright MLS

APN: 334-19.00-163.23-25

Delaware Sussex County Rehoboth Beach 19971

2 Caroline Ln Unit 25, Rehoboth Beach, DE

This home is located at 2 Caroline Ln Unit 25, Rehoboth Beach, DE 19971 since 20 June 2020 and is currently estimated at $623,639, approximately $332 per square foot. This property was built in 2004. 2 Caroline Ln Unit 25 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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