NOT LISTED FOR SALE

20692 Tradewinds Ct Unit 5 Rehoboth Beach, DE 19971

Estimated Value: $994,000 - $1,531,000

5 Beds
3.5 Baths
4,100 Sq Ft
$330/Sq Ft Est. Value

Last Sold January 28, 2022

Last sale price $1,260,000 $307 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,676/month

Highlights

  • Canal View
  • Coastal Architecture
  • Community Pool
  • Rehoboth Elementary School Rated A
  • Wood Flooring
  • Built-In Features

About This Home

As of January 2022

Walk To The Beach From Tradewinds Grove!
A serene enclave of 7 homes overlooking the Rehoboth-Lewes Canal, offering a relaxing
lifestyle uninterrupted by traffic and crowds. A short bike ride, and walkable to the Turtle
Bridge and Rehoboth boardwalk. Community boat dock anticipated by Summer of 2022, and a beautiful community pool nestled in a tropical setting. Custom built as the developer’s personal residence, exhibiting superior craftsmanship and design. 10’ ceilings, crown molding, teak and granite counters,
and solid maple hardwood floors must be previewed. The 1st floor great room captures light and interest from the screened porch and sun deck. A limestone fireplace is complemented by a hand crafted wood mantle over 150 yrs old. The chef’s kitchen is well equipped for entertaining with upgraded appliances, stunning cabinetry, and an adjoining breakfast nook. The oversized windows in the dining room
bring in sunlight and nature views. An office/den/additional bedroom and hall bath
complete this level. The 2nd floor master suite is private from the other rooms,
separated by a hallway and laundry room. A spa-like bath, generous walk-in closet,
and private sundeck provide ample space to relax. A guest suite and two additional
bedrooms provide options for all. The 3rd floor is a sleeping/guest dorm, half bath,
and extensive storage. The ground floor has utility storage and accesses the carport,
outside shower, and sauna.

Last Agent to Sell the Property

DEBBIE REED

(302) 227-3818 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 06/26/2021

RE/MAX Realty Group Rehoboth

Co-Listed By

MELISS THOROUGHGOOD

(302) 227-4800 melissatatbeach@aol.com RE/MAX Realty Group Rehoboth

Last Buyer's Agent

Justin Orr

(484) 472-3500 jorr@mcwb.com McWilliams/Ballard, Inc. License #rs0037008

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,865

Year Built

  • Built in 2003

HOA Fees

  • $267 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Stick Built Home

Interior Spaces

  • 4,100 Sq Ft Home
  • Property has 3 Levels
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Gas Fireplace
  • Wood Flooring
  • Canal Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 2 Attached Carport Spaces
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Vented Exhaust Fan
  • Propane Water Heater

Additional Features

  • Outdoor Shower
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 334-19.12-67.00-5

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance, pool(s)
  • Truitts Park Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,865

Year Built

Built in 2003

Lot Details

0

HOA Fees

$267 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Inclusions: Furniture Negotiable
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2021-06-26
  • Federal Flood Zone: Yes
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Remarks Public: Walk To The Beach From Tradewinds Grove! A serene enclave of 7 homes overlooking the Rehoboth-Lewes Canal, offering a relaxing lifestyle uninterrupted by traffic and crowds. A short bike ride, and walkable to the Turtle Bridge and Rehoboth boardwalk. Community boat dock anticipated by Summer of 2022, and a beautiful community pool nestled in a tropical setting. Custom built as the developer’s personal residence, exhibiting superior craftsmanship and design. 10’ ceilings, crown molding, teak and granite counters, and solid maple hardwood floors must be previewed. The 1st floor great room captures light and interest from the screened porch and sun deck. A limestone fireplace is complemented by a hand crafted wood mantle over 150 yrs old. The chef’s kitchen is well equipped for entertaining with upgraded appliances, stunning cabinetry, and an adjoining breakfast nook. The oversized windows in the dining room bring in sunlight and nature views. An office/den/additional bedroom and hall bath complete this level. The 2nd floor master suite is private from the other rooms, separated by a hallway and laundry room. A spa-like bath, generous walk-in closet, and private sundeck provide ample space to relax. A guest suite and two additional bedrooms provide options for all. The 3rd floor is a sleeping/guest dorm, half bath, and extensive storage. The ground floor has utility storage and accesses the carport, outside shower, and sauna.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Oven - Wall, Refrigerator, Washer
  • Interior Amenities: Built-Ins, Ceiling Fan(s), Crown Moldings, Walk-In Closet(s), Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplace: Yes
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 4100
  • Living Area Sq Ft: 4100
  • Price Per Sq Ft: 341.22
  • Above Grade Finished Sq Ft: 4100
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20692

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Upper Level 2 Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built
  • Exterior Features: Outside Shower
  • View: Canal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Carport Spaces: 2
  • Garage: No
  • Attached Carport Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Carport, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 800.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Pool(s)
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

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

Rental Info

  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 334-19.12-67.00-5
  • Close Date: 01/28/2022

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2021
Closed on
Jan 28, 2022
Sold by
Sara Shafer
Bought by
Loper Thomas H
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Justin Orr
McWilliams/Ballard, Inc.
List Price
$1,475,000
Sold Price
$1,260,000
Premium/Discount to List
-$215,000
-14.58%
Current Estimated Value
$1,352,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,516
Avg. Annual Appreciation
2.82%
Original Mortgage
$0
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2010
Bought by
Shafer Sara

Purchase Details

Closed on
Sep 23, 2010
Bought by
Shafer Sara
Source: Public Records

Range of Values:

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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
Loper Thomas H $1,260,000 Tunnell & Raysor Pa
Loper Thomas H $1,260,000 None Listed On Document
Shafer Sara -- --
Shafer Sara -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Loper Thomas H $0
Closed Loper Thomas H $486,800
Closed Loper Thomas H $647,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2022 01/28/22 Sold $1,260,000 -9.9% $307 / Sq Ft
11/27/2021 11/27/21 Pending -- -- --
09/10/2021 09/10/21 Price Changed $1,399,000 -5.2% $341 / Sq Ft
06/26/2021 06/26/21 For Sale $1,475,000 -- $360 / 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 $2,865 $38,300 $0 $38,300
2024 $2,261 $38,300 $0 $38,300
2023 $2,259 $38,300 $0 $38,300
2022 $2,191 $38,300 $0 $38,300
2021 $2,174 $38,300 $0 $38,300
2020 $2,167 $38,300 $0 $38,300
2019 $2,149 $38,300 $0 $38,300
2018 $1,730 $39,400 $0 $0
2017 $1,657 $39,400 $0 $0
2016 $1,582 $39,400 $0 $0
2015 $1,512 $39,400 $0 $0
2014 $1,501 $39,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • DEBBIE REED

    Seller's Agent in 2022

    DEBBIE REED

    RE/MAX

    (302) 227-3818

    274 in this area

    835 Total Sales

    DEBBIE REED
    Section Image

  • M

    Seller Co-Listing Agent in 2022

    MELISS THOROUGHGOOD

    RE/MAX

    (302) 227-4800

    3 in this area

    3 Total Sales

    MELISS THOROUGHGOOD
    Section Image
  • Justin Orr

    Buyer's Agent in 2022

    Justin Orr

    McWilliams/Ballard, Inc.

    (484) 472-3500

    9 in this area

    19 Total Sales

    Justin Orr
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU2000970

Bright MLS

APN: 334-19.12-67.00-5

Delaware Sussex County Rehoboth Beach 19971

20692 Tradewinds Ct Unit 5, Rehoboth Beach, DE

This home is located at 20692 Tradewinds Ct Unit 5, Rehoboth Beach, DE 19971 since 26 June 2021 and is currently estimated at $1,352,516, approximately $329 per square foot. This property was built in 2003. 20692 Tradewinds Ct 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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