NOT LISTED FOR SALE

20398 Margo Lynn Ln Unit 5 Rehoboth Beach, DE 19971

Estimated Value: $506,199 - $577,000

3 Beds
3.5 Baths
2,100 Sq Ft
$260/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $400,000 $190 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,187/month

Highlights

  • View of Trees or Woods
  • Traditional Architecture
  • Wood Flooring
  • Rehoboth Elementary School Rated A
  • Backs to Trees or Woods
  • Main Floor Bedroom

About This Home

As of June 2021

Now is the time to secure your beach home for Summer 2021. This 3 story town home is being sold furnished and ready for occupancy by June 1. The entry level offers a bedroom with private bath, direct access to the screened porch, and a garage to store all of your beach gear. The living level offers a living-dining combination, an eat-in kitchen, & a sun room. Special features include bamboo floors & a gas fireplace. The upper level provides 2 additional bedrooms with private baths & a laundry room. **Please be advised that the photos were taken prior to tenant occupancy***. Call to schedule your appointment today!

Last Agent to Sell the Property

Elizabeth Dorman

(302) 381-2777 beth@bethdorman.com Coldwell Banker Premier - Rehoboth Listed on: 03/09/2021

Coldwell Banker Premier - Rehoboth

Last Buyer's Agent

Andy Staton

(302) 841-2127 andy@andytoday.com Monument Sotheby's International Realty License #RS-0016036

Monument Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,272

Year Built

  • Built in 2003

Lot Details

  • Backs to Trees or Woods
  • Property is in very good condition

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Parking Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,100 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • 1 Fireplace
  • Window Treatments
  • Family Room
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Views of Woods

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 334-19.00-170.04-5

Community Details

Overview

  • Association fees include alarm system, common area maintenance, road maintenance, trash, snow removal, reserve funds, exterior building maintenance
  • Bella Vista Townhomes Subdivision

Pet Policy

  • Limit on the number of pets

Security

  • Storm Doors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,272

Year Built

Built in 2003

Lot Details

0

HOA Fees

$220 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Now is the time to secure your beach home for Summer 2021. This 3 story town home is being sold furnished and ready for occupancy by June 1. The entry level offers a bedroom with private bath, direct access to the screened porch, and a garage to store all of your beach gear. The living level offers a living-dining combination, an eat-in kitchen, & a sun room. Special features include bamboo floors & a gas fireplace. The upper level provides 2 additional bedrooms with private baths & a laundry room. **Please be advised that the photos were taken prior to tenant occupancy***. Call to schedule your appointment today!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Interior Amenities: Breakfast Area, Combination Dining/Living, Entry Level Bedroom, Primary Bath(s), Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Slab
  • Floors In Unit Count: 3
  • Levels Count: 3
  • Room List: Kitchen, Family Room, Sun/Florida Room, Half Bath
  • Basement: No
  • Laundry Type: Has Laundry, Dryer In Unit, Washer In Unit
  • Total Sq Ft: 2100
  • Living Area Sq Ft: 2100
  • Price Per Sq Ft: 197.62
  • Above Grade Finished Sq Ft: 2100
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20398

Beds/Baths

  • Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding
  • Roof: Asphalt
  • Spa: No
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Parking Lot

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 660.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Fee Includes: Alarm System, Common Area Maintenance, Road Maintenance, Trash, Snow Removal, Reserve Funds, Ext Bldg Maint
  • HOA Condo Co-Op Management Type: Owner/Self-Management
  • HOA: No
  • Senior Community: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Land Use Code: RC
  • Lot Features: Backs To Trees
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: C-1
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 8319286
  • School Tax: 1152.00
  • Tax Annual Amount: 1272.00
  • Assessor Parcel Number: 334-19.00-170.04-5
  • Tax Total Finished Sq Ft: 732
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 06/04/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2021
Closed on
Jun 4, 2021
Sold by
Parsons Paul and Figueroa Eric
Bought by
Porter Polly
Seller's Agent
Elizabeth Dorman
Coldwell Banker Premier - Rehoboth
Buyer's Agent
Andy Staton
Monument Sotheby's International Realty
List Price
$415,000
Sold Price
$400,000
Premium/Discount to List
-$15,000
-3.61%
Current Estimated Value
$545,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,300
Avg. Annual Appreciation
7.44%
Source: Public Records

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
Porter Polly $400,000 None Available
Porter Polly $400,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $400,000 -3.6% $190 / Sq Ft
03/21/2021 03/21/21 Pending -- -- --
03/09/2021 03/09/21 For Sale $415,000 -- $198 / 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
2025 $913 $27,100 $0 $27,100
2024 $1,378 $27,100 $0 $27,100
2023 $1,376 $27,100 $0 $27,100
2022 $1,328 $27,100 $0 $27,100
2021 $1,316 $27,100 $0 $27,100
2020 $1,312 $27,100 $0 $27,100
2019 $1,314 $27,100 $0 $27,100
2018 $1,227 $27,950 $0 $0
2017 $1,175 $27,950 $0 $0
2016 $1,116 $27,950 $0 $0
2015 $1,067 $27,950 $0 $0
2014 $1,059 $27,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Dorman

    Seller's Agent in 2021

    Elizabeth Dorman

    Coldwell Banker Premier - Rehoboth

    (302) 381-2777

    27 in this area

    194 Total Sales

    Elizabeth Dorman
    Section Image
  • Andy Staton

    Buyer's Agent in 2021

    Andy Staton

    OCEAN ATLANTIC SOTHEBYS

    (302) 841-2127

    70 in this area

    230 Total Sales

    Andy Staton
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU178908

Bright MLS

APN: 334-19.00-170.04-5

Delaware Sussex County Rehoboth Beach 19971

20398 Margo Lynn Ln Unit 5, Rehoboth Beach, DE

This home is located at 20398 Margo Lynn Ln Unit 5, Rehoboth Beach, DE 19971 since 09 March 2021 and is currently estimated at $545,300, approximately $259 per square foot. This property was built in 2003. 20398 Margo Lynn Ln Unit 5 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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