NOT LISTED FOR SALE

28 Nell Loop Unit 1 Rehoboth Beach, DE 19971

Estimated Value: $733,227 - $993,000

5 Beds
4.5 Baths
2,300 Sq Ft
$365/Sq Ft Est. Value

Last Sold April 20, 2012

Last sale price $445,000 $193 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $4,808/month

339 Days on Market

Highlights

  • Lake View
  • Waterfront
  • Attic
  • Rehoboth Elementary School Rated A
  • Main Floor Bedroom
  • Corner Lot

About This Home

As of April 2012

LOWEST PRICED CONDO AND BEST DEAL IN CANAL CORKRAN!! Desireable end unit townhome w/5 BRs. Enjoy great rental property and still enjoy some weeks for yourself. Master suite on each floor. Close to downtown Rehoboth and Bike Path to Lewes. Sold furnished.

Last Agent to Sell the Property

Shirley Kalvinsky

(302) 227-3883 shirley@jacklingo.com Jack Lingo - Rehoboth License #RA0001681 Listed on: 05/17/2011

Jack Lingo - Rehoboth

Co-Listed By

Randy Mason

(302) 236-1142 randy@jacklingo.com Jack Lingo - Rehoboth License #RA-0003542

Last Buyer's Agent

Connie Ferrara

(410) 952-7007 connierealtor@aol.com Mann & Sons, Inc. License #RA-0003380

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,543

Year Built

  • Built in 2004

Lot Details

  • Waterfront
  • Landscaped
  • Sprinkler System

HOA Fees

Property Views

  • Lake
  • Pond

Home Design

  • Entry on the 1st floor
  • Block Foundation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,300 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Living Room
  • Dining Room
  • Crawl Space
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom

Laundry

  • Electric Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Water Access
  • Property is near a pond
  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-13.00-363.00-1

Community Details

Overview

  • Canal Corkran Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,543

Year Built

Built in 2004

Lot Details

0

HOA Fees

$229 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Year Built: 2004
  • Remarks Public: LOWEST PRICED CONDO AND BEST DEAL IN CANAL CORKRAN!! Desireable end unit townhome w/5 BRs. Enjoy great rental property and still enjoy some weeks for yourself. Master suite on each floor. Close to downtown Rehoboth and Bike Path to Lewes. Sold furnished.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Attic, Breakfast Area, Pantry, Entry Level Bedroom, Ceiling Fan(s), Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace Features: Gas/Propane
  • Fireplace: No
  • Foundation Details: Block, Crawl Space
  • Floors In Unit Count: 3
  • Level Count: 3
  • Levels Count: 3+
  • Room Count: 8
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2300
  • Living Area Sq Ft: 2300
  • Net Sq Ft: 2300.00
  • Price Per Sq Ft: 199.96
  • Above Grade Finished Sq Ft: 2300
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 28

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Lawn Sprinkler, Sidewalks
  • Roof: Architectural Shingle
  • View: Lake, Pond
  • Water Access: Yes
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1157.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1595.00
  • HOA Condo Co-Op Amenities: Swimming Pool, Pool - Outdoor
  • HOA: Yes
  • Community Pool Features: In Ground

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Lot Features: Landscaping
  • Outdoor Living Structures: Balcony

Rental Info

  • Furnished: Yes
  • Total Actual Rent: 16800.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 334-13.00-363.00-1
  • County Tax Payment Frequency: Annually
  • Close Date: 04/20/2012

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2011
Closed on
Apr 17, 2012
Sold by
David David and Schwartz Andrea
Bought by
Preisinger Cathy L
Seller's Agent
Shirley Kalvinsky
Jack Lingo - Rehoboth
Buyer's Agent
Connie Ferrara
Mann & Sons, Inc.
List Price
$445,000
Sold Price
$445,000
Current Estimated Value
$839,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,307
Avg. Annual Appreciation
5.04%
Original Mortgage
$33,750
Outstanding Balance
$23,498
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$838,662
Source: Public Records

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
Preisinger Cathy L $445,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Preisinger Cathy L $33,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2012 04/20/12 Sold $445,000 0.0% $193 / Sq Ft
04/20/2012 04/20/12 Pending -- -- --
05/17/2011 05/17/11 For Sale $445,000 -- $193 / 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 $1,543 $25,550 $0 $25,550
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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Map

Source: Bright MLS

MLS Number: 1000959476

Bright MLS

APN: 334-13.00-0363.00- 1