21032 Red Cedar Ln Unit 115 Rehoboth Beach, DE 19971
Estimated Value: $472,686 - $911,000
3
Beds
2.5
Baths
2,822
Sq Ft
$267/Sq Ft
Est. Value
Highlights
- Fitness Center
- New Construction
- Open Floorplan
- Rehoboth Elementary School Rated A
- Gourmet Kitchen
- Coastal Architecture
About This Home
As of February 2022Arbor-Lyn is a local's dream: Perfectly placed just minutes away from all that Rehoboth and Lewes have to offer. Travel like a local and enjoy easy access to local restaurants, grocery stores and shopping without ever going on any major roads. This low-maintenance community includes an option for a basement for every home on every lot, and a wide variety of new home floor plans to choose from, extensively personalized to fit you and your family's needs. This will truly be a unique living experience for all that are looking forward to taking advantage of being just tucked away off the beaten path of Americas favorite beach.To Be Built. The Jasmine is a 3-bedroom, 2.5 bath single family home starting at 2,299 heated sq ft. This home has an open great room, kitchen, and dining area as well as the owner s suite on the first floor. The second floor includes two bedrooms, a loft area, and unfinished storage. Additional options available to personalize, including extra bedrooms, a sunroom, a screened porch, and a luxury owner s suite. At Arbor Lyn, location truly is everything! Shopping, bars, restaurants, and everything in between less than 1 mile away and Rehoboth Beach just 4 miles from toes in the sand, Arbor Lyn will provide a great atmosphere for both full time residents and those looking for a beach home. Current Incentives: $10,000 off Base Price, Seller pays 1/2 of Delaware transfer tax at settlement. On-site salespeople represent the seller only.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,696
Year Built
- Built in 2022 | New Construction
Lot Details
- Sprinkler System
- Property is in excellent condition
HOA Fees
- $145 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- 2 Driveway Spaces
- Front Facing Garage
- Garage Door Opener
Home Design
- Coastal Architecture
- Spray Foam Insulation
- Blown-In Insulation
- Vinyl Siding
- Stick Built Home
Interior Spaces
- 2,822 Sq Ft Home
- Property has 2 Levels
- Open Floorplan
- Crown Molding
- Recessed Lighting
- Gas Fireplace
- Family Room Off Kitchen
- Dining Area
Kitchen
- Gourmet Kitchen
- Built-In Oven
- Cooktop
- Built-In Microwave
- Ice Maker
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- En-Suite Bathroom
- Walk-In Closet
- Soaking Tub
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry on main level
- Washer and Dryer Hookup
Accessible Home Design
- Doors swing in
- Doors with lever handles
- Level Entry For Accessibility
Outdoor Features
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
- Tankless Water Heater
- Natural Gas Water Heater
Listing and Financial Details
- Home warranty included in the sale of the property
- Assessor Parcel Number 334-12.00-127.02
Community Details
Overview
- $1,500 Capital Contribution Fee
- Association fees include common area maintenance, health club, insurance, lawn maintenance, management, pool(s)
- Built by Schell Brothers
- Arbor Lyn Subdivision, Jasmine Floorplan
- Property Manager
Amenities
- Common Area
- Community Center
Recreation
- Fitness Center
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 21, 2021
Closed on
Feb 16, 2022
Sold by
Arbor Lynn Rehoboth Beach Llc
Bought by
Greene Matthew A and Pearson James B
Seller's Agent
Daniel Lusk
McWilliams/Ballard, Inc.
Buyer's Agent
BRENDA GREENAN
Monument Sotheby's International Realty
List Price
$600,105
Sold Price
$718,402
Premium/Discount to List
$118,297
19.71%
Total Days on Market
0
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,770
Avg. Annual Appreciation
0.95%
Original Mortgage
$450,000
Outstanding Balance
$422,593
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$318,203
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
Similar Homes in Rehoboth Beach, DE
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Greene Matthew A | $718,402 | Tunnell & Raysor Pa |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Greene Matthew A | $450,000 | |
| Closed | Greene Matthew A | $450,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/16/2022 02/16/22 | Sold | $718,402 | +19.7% | $255 / Sq Ft |
| 03/21/2021 03/21/21 | Pending | -- | -- | -- |
| 03/21/2021 03/21/21 | For Sale | $600,105 | -- | $213 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,696 | $0 | $0 | $0 |
| 2023 | $1,711 | $0 | $0 | $0 |
| 2022 | $1,697 | $0 | $0 | $0 |
| 2021 | $0 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Lusk
Seller's Agent in 2022
Daniel Lusk
McWilliams/Ballard, Inc.
(202) 412-8885
180 in this area
259 Total Sales
-
BRENDA GREENAN
B
Buyer's Agent in 2022
BRENDA GREENAN
OCEAN ATLANTIC SOTHEBYS
9 in this area
22 Total Sales
Map
Source: Bright MLS
MLS Number: DESU179550
APN: 334-12.00-127.02-115
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