NOT LISTED FOR SALE

22 Nell Loop Unit 18 Rehoboth Beach, DE 19971

Estimated Value: $666,550 - $996,000

5 Beds
4.5 Baths
2,300 Sq Ft
$366/Sq Ft Est. Value

Last Sold August 16, 2021

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

Est. 21% increase in value since last sale

Current estimated payment $5,088/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 Listed By

Tracy Kelley

Jack Lingo - Rehoboth License #RA-0031023 Listed on: 06/16/2021

Jack Lingo - 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
  • Air Source Heat Pump
  • 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

Amenities

  • Picnic Area

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

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
Total Days on Market
6
Current Estimated Value
$841,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,138
Avg. Annual Appreciation
6.22%
Original Mortgage
$717,948
Outstanding Balance
$658,949
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$209,984

Range of Values:

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Average Value
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List Price
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
Surless Robert H $693,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Surless Robert H $717,948
Previous Owner Tempchin Lawrence $333,000
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
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

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Map

Source: Bright MLS

MLS Number: DESU2000230

Bright MLS

APN: 334-13.00-363.00-18