NOT LISTED FOR SALE

28 Hannah Loop Unit 40 Rehoboth Beach, DE 19971

Estimated Value: $1,041,687

5 Beds
4.5 Baths
2,360 Sq Ft
$441/Sq Ft Est. Value

Last Sold January 03, 2025

Last sale price $1,115,000 $472 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $6,293/month

1 Day on Market

Highlights

  • 20 Feet of Waterfront
  • Water Oriented
  • Contemporary Architecture
  • Rehoboth Elementary School Rated A
  • Pond View
  • Wood Flooring

About This Home

As of January 2025

Welcome to this stunning end-unit townhome in the sought after Canal Corkran community! Boasting 5 bedrooms and 4.5 bathrooms, this home has been meticulously upgraded from top to bottom. Enjoy luxury vinyl flooring throughout the main living area, engineered hardwood on the stairs and throughout the top two floors, and granite countertops in the spacious and well-appointed kitchen.

The first floor features a cozy family room with a fireplace, a separate dining area, and an open floor plan. There's also an ensuite bedroom currently used as an office. On the second floor, you'll find 3 bedrooms, (including an ensuite bedroom with a private balcony!), an additional full bathroom and a comfortable loft area so family and friends can spread out! The third floor hosts the final ensuite bedroom, giving all your guests the privacy they desire.

Outside you can experience the temperate beach climate by relaxing on the paver patio while taking in beautiful views of the pond and community green space. Canal Corkran also has an Olympic size swimming pool for residents to enjoy. This prime east of Route 1 location also puts you just moments away from the vibrant Rehoboth Beach boardwalk. Enjoy easy access to scenic biking and hiking trails, explore nearby retail shopping, and indulge in exceptional dining at local restaurants.

While currently owner-occupied, this townhome has a strong rental history, making it a great investment opportunity as well as the perfect vacation or primary home. It offers the perfect blend of comfort and convenience for beach town living. Don’t miss the opportunity to own a beautiful townhome in one of Rehoboth’s most coveted neighborhoods!

Last Listed By

Christine McCoy

Coldwell Banker Realty License #RA0031081 Listed on: 10/05/2024

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,146

Year Built

  • Built in 2003

Lot Details

  • 20 Feet of Waterfront
  • Landscaped
  • Property is in excellent condition

HOA Fees

Parking

  • Parking Lot

Property Views

  • Pond
  • Garden

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 2,360 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Family Room
  • Combination Kitchen and Living
  • Breakfast Room
  • Loft

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Laundry

  • Electric Dryer
  • Washer

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Water Oriented
  • Property is near a pond
  • Patio

Schools

  • Cape Henlopen High School

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-13.00-363.01-40

Community Details

Overview

  • $19 Other Monthly Fees
  • Canal Corkran Subdivision
  • Property Manager

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,146

Year Built

Built in 2003

Lot Details

0

HOA Fees

$408 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2024-10-05
  • Federal Flood Zone: No
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to this stunning end-unit townhome in the sought after Canal Corkran community! Boasting 5 bedrooms and 4.5 bathrooms, this home has been meticulously upgraded from top to bottom. Enjoy luxury vinyl flooring throughout the main living area, engineered hardwood on the stairs and throughout the top two floors, and granite countertops in the spacious and well-appointed kitchen. The first floor features a cozy family room with a fireplace, a separate dining area, and an open floor plan. There's also an ensuite bedroom currently used as an office. On the second floor, you'll find 3 bedrooms, (including an ensuite bedroom with a private balcony!), an additional full bathroom and a comfortable loft area so family and friends can spread out! The third floor hosts the final ensuite bedroom, giving all your guests the privacy they desire. Outside you can experience the temperate beach climate by relaxing on the paver patio while taking in beautiful views of the pond and community green space. Canal Corkran also has an Olympic size swimming pool for residents to enjoy. This prime east of Route 1 location also puts you just moments away from the vibrant Rehoboth Beach boardwalk. Enjoy easy access to scenic biking and hiking trails, explore nearby retail shopping, and indulge in exceptional dining at local restaurants. While currently owner-occupied, this townhome has a strong rental history, making it a great investment opportunity as well as the perfect vacation or primary home. It offers the perfect blend of comfort and convenience for beach town living. Don’t miss the opportunity to own a beautiful townhome in one of Rehoboth’s most coveted neighborhoods!
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Microwave, Refrigerator, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Hardwood, Tile/Brick, Luxury Vinyl Plank
  • Interior Amenities: Combination Kitchen/Living, Entry Level Bedroom, Ceiling Fan(s), Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Foundation Details: Slab
  • Levels Count: 3
  • Room Count: 6
  • Room List: Primary Bedroom, Bedroom 5, Kitchen, Family Room, Breakfast Room, Loft, Primary Bathroom, Full Bath, Additional Bedroom
  • Basement: No
  • Total Sq Ft: 2360
  • Living Area Sq Ft: 2360
  • Price Per Sq Ft: 487.29
  • Above Grade Finished Sq Ft: 2360
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 28

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: Sidewalks
  • View: Pond, Garden/Lawn
  • Water Access: No
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 20

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

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: Electric Available, Water Available, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 555.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 668.93
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Swimming Pool, Pool - Outdoor
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground

Fee Information

  • Other Fees: 225.00
  • Other Fees Frequency: Annually

Schools

  • School District: CAPE HENLOPEN
  • High School: CAPE HENLOPEN
  • High School Source: 3rd Party
  • School District Key: 300200396895
  • School District Source: 3rd Party
  • High School: CAPE HENLOPEN

Lot Info

  • Lot Features: Landscaping
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Excellent
  • Year Assessed: 2024
  • Zoning: MR
  • In City Limits: No

Rental Info

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

Tax Info

  • School Tax: 1146.00
  • Tax Annual Amount: 1146.00
  • Assessor Parcel Number: 334-13.00-363.01-40
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 01/03/2025

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2024
Closed on
Jan 7, 2025
Sold by
Vankuren Mark A and Vankuren Angela M
Bought by
Beach Happy Retreat Llc
Seller's Agent
Christine McCoy
Coldwell Banker Realty
Buyer's Agent
Judith Dourgarian
Northrop Realty
List Price
$1,150,000
Sold Price
$1,115,000
Premium/Discount to List
-$35,000
-3.04%
Total Days on Market
1
Views
11
Current Estimated Value
$1,041,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$73,313
Avg. Annual Appreciation
-18.62%

Purchase Details

Listed on
May 8, 2012
Closed on
Nov 22, 2012
Sold by
Floegel Suzanne C
Bought by
Vankuren Mark A and Vankuren Angela M
Seller's Agent
Valerie Tolson
RE/MAX Realty Group Rehoboth
Buyer's Agent
Dave McCarthy
Dave McCarthy & Associates, Inc.
List Price
$485,000
Sold Price
$485,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%
Original Mortgage
$412,250
Interest Rate
3.44%
Mortgage Type
New Conventional

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
Beach Happy Retreat Llc $1,115,000 None Listed On Document
Vankuren Mark A $485,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vankuren Mark A $412,250
Previous Owner Floegel Suzanne C $166,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2025 01/03/25 Sold $1,115,000 -3.0% $472 / Sq Ft
10/05/2024 10/05/24 For Sale $1,150,000 +137.1% $487 / Sq Ft
11/29/2012 11/29/12 Sold $485,000 0.0% --
09/24/2012 09/24/12 Pending -- -- --
05/08/2012 05/08/12 For Sale $485,000 -- --
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 $1,309 $25,550 $0 $25,550
2023 $1,307 $25,550 $0 $25,550
2022 $1,262 $25,550 $0 $25,550
2021 $1,250 $25,550 $0 $25,550
2020 $1,247 $25,550 $0 $25,550
2019 $1,248 $25,550 $0 $25,550
2018 $1,166 $26,550 $0 $0
2017 $1,117 $26,550 $0 $0
2016 $1,061 $26,550 $0 $0
2015 $1,013 $26,550 $0 $0
2014 $1,006 $26,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: DESU2071452

Bright MLS

APN: 334-13.00-363.01-40