NOT LISTED FOR SALE

22 Nell Loop Unit 18 Rehoboth Beach, DE 19971

Estimated Value: $621,338 - $982,000

5 Beds
4.5 Baths
2,300 Sq Ft
$350/Sq Ft Est. Value

Last Sold August 16, 2021

Last sale price $693,000 $301 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,715/month

6 Days on Market

Highlights

  • 10 Feet of Waterfront
  • Water Oriented
  • Open Floorplan
  • Rehoboth Elementary School Rated A
  • Pond View
  • Coastal Architecture

About This Home

As of August 2021

Location, Space, and Style in Canal Corkran!
Pond Front, 22 Nell Loop -- a 5 Bedroom, 4 ½ Bath townhome, is in perfect condition, being sold turn-key furnished, and is set up for your summer enjoyment, dishes and all! Gleaming hardwood floors, custom paint, window treatments, first floor bedroom with private bath, walk-in closets, desk nook area, and more. You’ll also take note of the second level master bedroom with dedicated balcony overlooking the pond-a relaxing view to wake up to! Canal Corkran is a unique community, tucked away yet walking/biking distance to downtown Rehoboth and the Breakwater Junction Trail - a scenic ride all the way to downtown Lewes. The setting cannot be beat: Striking single family homes, townhomes, mature trees, community pool, and a direct pathway to Rehoboth Avenue. This townhome is perfect for full time living, vacation home or investment property (2,400-2,500 weekly rental potential. Act fast, will not last long. *Plenty of storage for bikes/beach chairs- two generous closets in foyer area.
All art on first floor & 2 leather chairs are excluded

Last Agent to Sell the Property

Tracy Kelley

(302) 227-3883 tracy@jacklingo.com Jack Lingo - Rehoboth License #RA-0031023 Listed on: 06/16/2021

Jack Lingo - Rehoboth

Last Buyer's Agent

Matt Brittingham

(302) 344-9026 Matt@DelawareShoreProperties.com Patterson-Schwartz-Rehoboth License #RA-0003405

Patterson-Schwartz-Rehoboth

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,153

Year Built

  • Built in 2003

Lot Details

  • 10 Feet of Waterfront
  • Backs To Open Common Area
  • Landscaped
  • Sprinkler System
  • Property is in excellent condition

HOA Fees

Home Design

  • Coastal Architecture
  • Slab Foundation
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 2,300 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Sliding Windows
  • Combination Dining and Living Room
  • Pond Views

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Electric Dryer
  • Washer

Home Security

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • On-Street Parking
  • Parking Lot
  • 2 Assigned Parking Spaces

Outdoor Features

  • Water Oriented
  • Property is near a pond
  • Pond
  • Balcony
  • Patio
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 334-13.00-363.00-18

Community Details

Overview

  • $1,000 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, pool(s), road maintenance, snow removal, trash
  • Canal Corkran HOA
  • Canal Corkran Subdivision

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Picnic Area
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,153

Year Built

Built in 2003

Lot Details

0

HOA Fees

$320 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Remarks Public: Location, Space, and Style in Canal Corkran! Pond Front, 22 Nell Loop -- a 5 Bedroom, 4 ½ Bath townhome, is in perfect condition, being sold turn-key furnished, and is set up for your summer enjoyment, dishes and all! Gleaming hardwood floors, custom paint, window treatments, first floor bedroom with private bath, walk-in closets, desk nook area, and more. You’ll also take note of the second level master bedroom with dedicated balcony overlooking the pond-a relaxing view to wake up to! Canal Corkran is a unique community, tucked away yet walking/biking distance to downtown Rehoboth and the Breakwater Junction Trail - a scenic ride all the way to downtown Lewes. The setting cannot be beat: Striking single family homes, townhomes, mature trees, community pool, and a direct pathway to Rehoboth Avenue. This townhome is perfect for full time living, vacation home or investment property (2,400-2,500 weekly rental potential. Act fast, will not last long. *Plenty of storage for bikes/beach chairs- two generous closets in foyer area. All art on first floor & 2 leather chairs are excluded
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Microwave, Oven/Range - Electric, Washer, Water Heater
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom, Floor Plan - Open, Pantry, Sprinkler System, Bathroom - Tub Shower, Upgraded Countertops, Walk-In Closet(s), Window Treatments
  • Window Features: Insulated, Sliding
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Slab
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 5, Kitchen, Primary Bathroom, Half Bath
  • Basement: No
  • Total Sq Ft: 2300
  • Living Area Sq Ft: 2300
  • Price Per Sq Ft: 301.30
  • Above Grade Finished Sq Ft: 2300
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 22

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • 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 Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Underground Lawn Sprinkler
  • Roof: Architectural Shingle
  • View: Pond
  • Water Access: No
  • Water Body Name: Pond
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes
  • Water Frontage In Feet: 10

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot, On Street
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s), Heat Pump(s)
  • Electric Service: Fuses, Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Phone
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • HOA Fees: 300.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 658.75
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Picnic Area, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Pool(s), Road Maintenance, Snow Removal, Trash
  • HOA Name: CANAL CORKRAN
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground

Fee Information

  • Capital Contribution Fee: 1000.00

Schools

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

Lot Info

  • Land Use Code: RC
  • Lot Features: Backs - Open Common Area, Landscaping, Pond
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Patio(s), Porch(es), Balcony
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: MR
  • Zoning Description: Medium Residential
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Total Actual Rent: 33000.00
  • Vacation Rental: No

Tax Info

  • School Tax: 1043.00
  • Tax Annual Amount: 1153.00
  • Assessor Parcel Number: 334-13.00-363.00-18
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 08/16/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2021
Closed on
Aug 12, 2021
Sold by
Ankerbrand Ginger D and Tempchin Lawrence
Bought by
Surless Robert H
Seller's Agent
Tracy Kelley
Jack Lingo - Rehoboth
Buyer's Agent
Matt Brittingham
Patterson-Schwartz-Rehoboth
List Price
$693,000
Sold Price
$693,000
Current Estimated Value
$804,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,085
Avg. Annual Appreciation
3.67%
Original Mortgage
$717,948
Outstanding Balance
$651,854
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$152,231
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
Surless Robert H $693,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Surless Robert H $717,948
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2021 08/16/21 Sold $693,000 0.0% $301 / Sq Ft
06/22/2021 06/22/21 Pending -- -- --
06/16/2021 06/16/21 For Sale $693,000 -- $301 / 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 $1,586 $24,550 $0 $24,550
2024 $1,259 $24,550 $0 $24,550
2023 $1,258 $24,550 $0 $24,550
2022 $1,214 $24,550 $0 $24,550
2021 $1,203 $24,550 $0 $24,550
2020 $1,200 $24,550 $0 $24,550
2019 $1,201 $24,550 $0 $24,550
2018 $1,122 $25,550 $0 $0
2017 $1,074 $25,550 $0 $0
2016 $1,021 $25,550 $0 $0
2015 $975 $25,550 $0 $0
2014 $968 $25,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tracy Kelley

    Seller's Agent in 2021

    Tracy Kelley

    Jack Lingo - Rehoboth

    (302) 227-3883

    22 in this area

    35 Total Sales

    Tracy Kelley
    Section Image
  • Matt Brittingham

    Buyer's Agent in 2021

    Matt Brittingham

    Patterson Schwartz

    (302) 344-9026

    24 in this area

    243 Total Sales

    Matt Brittingham
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU2000230

Bright MLS

APN: 334-13.00-363.00-18

Delaware Sussex County Rehoboth Beach 19971

22 Nell Loop Unit 18, Rehoboth Beach, DE

This home is located at 22 Nell Loop Unit 18, Rehoboth Beach, DE 19971 since 16 June 2021 and is currently estimated at $804,085, approximately $349 per square foot. This property was built in 2003. 22 Nell Loop Unit 18 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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