NOT LISTED FOR SALE

25 Richardson Way Unit 13 Rehoboth Beach, DE 19971

Estimated Value: $716,429 - $1,135,000

4 Beds
3.5 Baths
3,000 Sq Ft
$315/Sq Ft Est. Value

Last Sold December 11, 2020

Last sale price $685,000 $228 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $5,522/month

6 Days on Market

Highlights

  • Gourmet Kitchen
  • Pond View
  • 12 Acre Lot
  • Rehoboth Elementary School Rated A
  • Waterfront
  • Open Floorplan

About This Home

As of December 2020

Spacious, light-filled end unit in the Ponds Edge section of Canal Corkran. There is a garage, great for storing all those beach accessories. The entry level 1st floor features two nice sized bedrooms plus a den (which could be a 5th bedroom), a full bath and laundry room. The bedrooms lead out to a patio which provides another opportunity to enjoy the tranquil pond views. The main floor and living level boasts a great room with tall ceilings, a propane fireplace for chilly nights and a gourmet kitchen with granite counters, upscale appliances, a double oven, and an island to have breakfast or to enjoy chatting with the cook. This level also contains a master bedroom with full bath, a powder room and generous deck overlooking the lush lawn and a picturesque natural pond. The third floor has a huge master bedroom with an extra large bathroom, big walk in closet and a sitting area also overlooking the pond. Canal Corkran is located east of Rt. 1 walking or biking distance to the town of Rehoboth with all it's great shops and restaurants, the beach and boardwalk, and yet it is somewhat off the beaten path. Don't miss this extraordinary opportunity to have it all!

Last Agent to Sell the Property

Christina Haag

(302) 227-3883 christina@jacklingo.com Jack Lingo - Rehoboth License #RS-001-4869 Listed on: 10/23/2020

Jack Lingo - Rehoboth

Last Buyer's Agent

DEBBIE REED

(302) 227-3818 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229

RE/MAX Realty Group Rehoboth

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,573

Year Built

  • Built in 2004

Lot Details

  • Waterfront
  • Property is in excellent condition

HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway
  • On-Street Parking

Home Design

  • Slab Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Ceiling Fan
  • 1 Fireplace
  • Window Treatments
  • Den
  • Pond Views

Kitchen

  • Gourmet Kitchen
  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Laundry on lower level
  • Electric Dryer
  • Washer

Outdoor Features

  • Water Access
  • Property is near a pond

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 334-13.00-362.00-13

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, pool(s)
  • Wilgus Assoc. Condos
  • Canal Corkran Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,573

Year Built

Built in 2004

Lot Details

0

HOA Fees

$363 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2004
  • Remarks Public: Spacious, light-filled end unit in the Ponds Edge section of Canal Corkran. There is a garage, great for storing all those beach accessories. The entry level 1st floor features two nice sized bedrooms plus a den (which could be a 5th bedroom), a full bath and laundry room. The bedrooms lead out to a patio which provides another opportunity to enjoy the tranquil pond views. The main floor and living level boasts a great room with tall ceilings, a propane fireplace for chilly nights and a gourmet kitchen with granite counters, upscale appliances, a double oven, and an island to have breakfast or to enjoy chatting with the cook. This level also contains a master bedroom with full bath, a powder room and generous deck overlooking the lush lawn and a picturesque natural pond. The third floor has a huge master bedroom with an extra large bathroom, big walk in closet and a sitting area also overlooking the pond. Canal Corkran is located east of Rt. 1 walking or biking distance to the town of Rehoboth with all it's great shops and restaurants, the beach and boardwalk, and yet it is somewhat off the beaten path. Don't miss this extraordinary opportunity to have it all!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Dryer - Electric, Microwave, Oven - Double, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Walk-In Closet(s), Window Treatments
  • Fireplaces Count: 1
  • Foundation Details: Slab
  • Floors In Unit Count: 3
  • Levels Count: 3
  • Room List: Den
  • Basement: No
  • Laundry Type: Lower Floor, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 3000
  • Living Area Sq Ft: 3000
  • Price Per Sq Ft: 228.33
  • Above Grade Finished Sq Ft: 3000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 25

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding
  • Roof: Architectural Shingle
  • View: Pond
  • Water Access: Yes
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

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, Driveway, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Propane, Electric Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 360.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 730.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Wilgus Assoc.
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Pool(s)
  • HOA: Yes
  • Senior Community: No

Schools

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

Lot Info

  • Land Use Code: RC
  • Lot Size Acres: 12.00
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 522720.00
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: HR-1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 1424.00
  • Tax Annual Amount: 1573.00
  • Assessor Parcel Number: 334-13.00-362.00-13
  • Tax Total Finished Sq Ft: 960
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 12/11/2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2020
Closed on
Dec 11, 2020
Sold by
Yarnall Philip and Yarnall Geraldine R
Bought by
Steinberg Scott S and Steinberg Amy L
Seller's Agent
Christina Haag
Jack Lingo - Rehoboth
Buyer's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
List Price
$685,000
Sold Price
$685,000
Current Estimated Value
$944,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,857
Avg. Annual Appreciation
6.91%
Original Mortgage
$375,000
Outstanding Balance
$334,457
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$610,400

Purchase Details

Closed on
Jan 6, 2010
Bought by
Yarnall Philip and Yarnall Geraldine R
Source: Public Records

Range of Values:

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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
Steinberg Scott S $685,000 None Available
Yarnall Philip $580,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steinberg Scott S $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2020 12/11/20 Sold $685,000 0.0% $228 / Sq Ft
10/29/2020 10/29/20 Pending -- -- --
10/23/2020 10/23/20 For Sale $685,000 -- $228 / 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 $1,791 $33,500 $0 $33,500
2024 $1,696 $33,500 $0 $33,500
2023 $1,694 $33,500 $0 $33,500
2022 $1,635 $33,500 $0 $33,500
2021 $1,620 $33,500 $0 $33,500
2020 $1,615 $33,500 $0 $33,500
2019 $1,617 $33,500 $0 $33,500
2018 $1,511 $34,400 $0 $0
2017 $1,447 $34,400 $0 $0
2016 $1,374 $34,400 $0 $0
2015 $1,313 $34,400 $0 $0
2014 $1,303 $34,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU171786

Bright MLS

APN: 334-13.00-362.00-13