NOT LISTED FOR SALE

20404 Margo Lynn Ln Rehoboth Beach, DE 19971

Estimated Value: $577,000 - $654,000

3 Beds
3.5 Baths
2,100 Sq Ft
$289/Sq Ft Est. Value

Last Sold November 14, 2022

Last sale price $519,000 $247 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,553/month

5 Days on Market

Highlights

  • 3.12 Acre Lot
  • Main Floor Bedroom
  • Eat-In Kitchen
  • Rehoboth Elementary School Rated A
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of November 2022

Ideal beach getaway in the Bella Vista Townhomes. So close to all the beach has to offer yet a private oasis with wooded views and tranquility. Very clean and well-maintained throughout. A first level bedroom and full bath are convenient as well as the outside balcony off of the bedroom. The living area is made cozier by the gas fireplace and the private balcony facing the woods adds peace and quiet. All three bedrooms have en-suite bathrooms. HVAC is new as well as new carpeting and washer and dryer. Low HOA fee and high capital reserves promote financial predictability. Perfect for primary home, second home or investment property ($40k+ rental potential)

Last Agent to Sell the Property

EDIE PAGE

(302) 745-3543 ediepage@comcast.net Delaware Coastal Realty License #RA-0003296 Listed on: 09/28/2022

Last Buyer's Agent

Denise Karas

(443) 226-0560 denise.karas@compass.com Compass License #RS-0022504

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,288

Year Built

  • Built in 2003

Lot Details

  • 3.12

HOA Fees

  • $263 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 2,100 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Gas Fireplace

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • $790 Capital Contribution Fee
  • Self Managed James Gargas HOA, Phone Number (202) 412-2352
  • Bella Vista Townhomes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-19.00-170.04-2

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,288

Year Built

Built in 2003

Lot Details

0

HOA Fees

$263 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2022-09-28
  • Federal Flood Zone: No
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Remarks Public: Ideal beach getaway in the Bella Vista Townhomes. So close to all the beach has to offer yet a private oasis with wooded views and tranquility. Very clean and well-maintained throughout. A first level bedroom and full bath are convenient as well as the outside balcony off of the bedroom. The living area is made cozier by the gas fireplace and the private balcony facing the woods adds peace and quiet. All three bedrooms have en-suite bathrooms. HVAC is new as well as new carpeting and washer and dryer. Low HOA fee and high capital reserves promote financial predictability. Perfect for primary home, second home or investment property ($40k+ rental potential)
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Oven/Range - Electric, Washer, Water Heater
  • Interior Amenities: Ceiling Fan(s), Entry Level Bedroom, Kitchen - Eat-In
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 2100
  • Living Area Sq Ft: 2100
  • Price Per Sq Ft: 247.14
  • Above Grade Finished Sq Ft: 2100
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20404

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
  • 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
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 790.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Name: SELF MANAGED -JAMES GARGAS
  • HOA Phone: 202.412.2352
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 790.00

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 999
  • Lot Size Acres: 3.12
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 135907.00
  • Year Assessed: 2022
  • Zoning: C-1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5200606
  • School Tax: 1167.00
  • Tax Annual Amount: 1288.00
  • Assessor Parcel Number: 334-19.00-170.04-2
  • Tax Total Finished Sq Ft: 480
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 11/14/2022

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2022
Closed on
Nov 14, 2022
Sold by
Gargas James E
Bought by
Parker Karen F
Seller's Agent
EDIE PAGE
Delaware Coastal Realty
Buyer's Agent
Denise Karas
Compass
List Price
$519,000
Sold Price
$519,000
Views
50
Current Estimated Value
$606,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,042
Avg. Annual Appreciation
5.55%
Original Mortgage
$389,250
Outstanding Balance
$377,158
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$228,884
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
Parker Karen F $519,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parker Karen F $389,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2022 11/14/22 Sold $519,000 0.0% $247 / Sq Ft
10/04/2022 10/04/22 Pending -- -- --
09/28/2022 09/28/22 For Sale $519,000 -- $247 / 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 $925 $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

  • E

    Seller's Agent in 2022

    EDIE PAGE

    Delaware Coastal Realty

    (302) 745-3543

    2 in this area

    48 Total Sales

    EDIE PAGE
    Section Image
  • Denise Karas

    Buyer's Agent in 2022

    Denise Karas

    Compass

    (443) 226-0560

    18 in this area

    54 Total Sales

    Denise Karas
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2028674

Bright MLS

APN: 334-19.00-0170.04- 2

Delaware Sussex County Rehoboth Beach 19971

20404 Margo Lynn Ln, Rehoboth Beach, DE

This home is located at 20404 Margo Lynn Ln, Rehoboth Beach, DE 19971 since 28 September 2022 and is currently estimated at $606,042, approximately $288 per square foot. This property was built in 2003. 20404 Margo Lynn Ln 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