NOT LISTED FOR SALE

20402 Margo Lynn Ln Unit 3 Rehoboth Beach, DE 19971

Estimated Value: $486,871 - $587,000

3 Beds
3.5 Baths
2,100 Sq Ft
$258/Sq Ft Est. Value

Last Sold July 12, 2019

Last sale price $318,000 $151 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,173/month

Highlights

  • View of Trees or Woods
  • Coastal Architecture
  • Main Floor Bedroom
  • Rehoboth Elementary School Rated A
  • Vaulted Ceiling
  • Attic

About This Home

As of July 2019

Remarkable townhome located just 2 miles to the beach and boardwalk. This spacious home features 3 en-suite bedrooms offering plenty of privacy. On the first floor is a bedroom with a large master bathroom and sliding glass doors leading to a lovely private patio backing up to trees. The next floor is the main living level featuring an open concept floorplan with a spacious eat-in kitchen, dining area, living room with gas fireplace, and bright sunroom. The third floor has two additional large master suites, each with vaulted ceilings. Located just an easy bike ride to in-town Rehoboth, this home is perfect for large gatherings at the beach or would make a great rental investment property.

Last Agent to Sell the Property

Leslie Kopp

(302) 542-3917 leslie@lesliekopp.com Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 02/21/2019

Long & Foster Real Estate, Inc.

Co-Listed By

Kiki Hargrove

(302) 569-2959 kiki@lesliekopp.com Long & Foster Real Estate, Inc. License #RS-0020565

Last Buyer's Agent

Vicki Tull

(302) 245-9173 vicki@vickitull.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,227

Year Built

  • Built in 2004

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Open Parking Space
  • Front Facing Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Coastal Architecture
  • Slab Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,100 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Window Treatments
  • Window Screens
  • Family Room Off Kitchen
  • Open Floorplan
  • Views of Woods
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-19.00-170.04-3

Community Details

Overview

  • Association fees include all ground fee, common area maintenance, exterior building maintenance, lawn maintenance, road maintenance, snow removal
  • Bella Vista Townhomes Subdivision
  • Property Manager

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,227

Year Built

Built in 2004

Lot Details

0

HOA Fees

$220 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • Exclusions: All Artwork & Red Wood Furniture on Main Living Level
  • Inclusions: Fully Furnished
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2019-02-21
  • Federal Flood Zone: No
  • Year Built: 2004
  • Remarks Public: Remarkable townhome located just 2 miles to the beach and boardwalk. This spacious home features 3 en-suite bedrooms offering plenty of privacy. On the first floor is a bedroom with a large master bathroom and sliding glass doors leading to a lovely private patio backing up to trees. The next floor is the main living level featuring an open concept floorplan with a spacious eat-in kitchen, dining area, living room with gas fireplace, and bright sunroom. The third floor has two additional large master suites, each with vaulted ceilings. Located just an easy bike ride to in-town Rehoboth, this home is perfect for large gatherings at the beach or would make a great rental investment property.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Attic, Ceiling Fan(s), Kitchen - Eat-In, Combination Kitchen/Living, Combination Kitchen/Dining, Entry Level Bedroom, Family Room Off Kitchen, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Window Treatments
  • Window Features: Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, Vaulted Ceilings
  • Foundation Details: Slab
  • Levels Count: 3+
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 2100
  • Living Area Sq Ft: 2100
  • Price Per Sq Ft: 159.52
  • Above Grade Finished Sq Ft: 2100
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20402

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stick Built, Vinyl Siding
  • Roof: Architectural Shingle
  • 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
  • Open Parking Spaces Count: 1
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Off Street

Utilities

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

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: All Ground Fee, Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Road Maintenance, Snow Removal
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Units: Square Feet
  • Zoning: D
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5200617
  • School Tax: 1103.00
  • Tax Annual Amount: 1227.00
  • Assessor Parcel Number: 334-19.00-170.04-3
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 07/12/2019

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2021
Sold by
Elliott Joh E and Elliott Kristen
Bought by
Elliott Ft
Current Estimated Value
$542,718

Purchase Details

Closed on
Mar 10, 2014
Sold by
Sandra W Sandra W and Freeman James W
Bought by
Freeman James W and Freeman Sandra W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
4.41%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Elliott Ft -- None Available
Freeman James W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Freeman James W $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2019 07/12/19 Sold $318,000 -5.1% $151 / Sq Ft
06/01/2019 06/01/19 Pending -- -- --
02/21/2019 02/21/19 For Sale $335,000 -- $160 / 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

  • Leslie Kopp

    Seller's Agent in 2019

    Leslie Kopp

    Long & Foster

    (302) 542-3917

    7 in this area

    723 Total Sales

    Leslie Kopp
    Section Image
  • Kiki Hargrove

    Seller Co-Listing Agent in 2019

    Kiki Hargrove

    Long & Foster

    (302) 569-2959

    7 in this area

    228 Total Sales

    Kiki Hargrove
    Section Image

  • V

    Buyer's Agent in 2019

    Vicki Tull

    Long & Foster

    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU132262

Bright MLS

APN: 334-19.00-0170.04- 3

Delaware Sussex County Rehoboth Beach 19971

20402 Margo Lynn Ln Unit 3, Rehoboth Beach, DE

This home is located at 20402 Margo Lynn Ln Unit 3, Rehoboth Beach, DE 19971 since 21 February 2019 and is currently estimated at $542,718, approximately $258 per square foot. This property was built in 2004. 20402 Margo Lynn Ln Unit 3 is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes