NOT LISTED FOR SALE

34 Canal Landing Ct Unit 17 Rehoboth Beach, DE 19971

Estimated Value: $581,203 - $1,005,000

3 Beds
3.5 Baths
2,800 Sq Ft
$310/Sq Ft Est. Value

Last Sold November 08, 2019

Last sale price $630,000 $225 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $5,021/month

8 Days on Market

Highlights

  • Pier or Dock
  • Home fronts navigable water
  • Open Floorplan
  • Rehoboth Elementary School Rated A
  • Water Access
  • Contemporary Architecture

About This Home

As of November 2019

Freshly painted canalfront 3 bedroom/3 and a half bath townhome with generously sized bedroom/rec room loft. Inverted floor plan with first floor master suite opens to covered back porch overlooking expansive back yard and canal. Bonus Action - one of the only townhome communities this close to beach with access to their own private dock. Second floor features hardwood floors, gas fireplace, open kitchen/living/dining area, half-bath for guests, wood kitchen cabinetry, black appliances and screened porch. Third floor features another Master Bedroom with full bath and sunny deck and a second bedroom with a separate bathroom. The fourth floor of the generously-sized loft has bed with couch and sitting area. Community pool, extensive landscaping and located a walk to everything, including restaurants, bakery and local gym. This property has never been rented but this is successful location for renting. Projected rental income could be approximately $24K a season. Sold furnished and ready to go.

Last Agent to Sell the Property

Ava Cannon

(302) 249-5620 ava@jacklingo.com Jack Lingo - Rehoboth License #RS-0016508 Listed on: 09/19/2019

Jack Lingo - Rehoboth

Last Buyer's Agent

Andrew White

awhite@lnf.com Compass License #RS-325050

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,448

Year Built

  • Built in 2003

Lot Details

  • 3,659

HOA Fees

  • $263 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Frame Construction
  • Vinyl Siding
  • CPVC or PVC Pipes

Interior Spaces

  • 2,800 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Partially Furnished
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • 1 Fireplace
  • Family Room Off Kitchen
  • Loft

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Property is near a canal

Schools

  • Rehoboth Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Central Air
  • Heat Pump System

Additional Features

  • Level Entry For Accessibility
  • Home fronts navigable water

Listing and Financial Details

  • Assessor Parcel Number 334-13.20-99.00-17

Community Details

Overview

  • $527 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, pool(s), reserve funds, road maintenance, snow removal, pier/dock maintenance
  • Seascape Condos
  • Canal Landing Subdivision
  • Property Manager

Amenities

  • Picnic Area
  • Common Area

Recreation

  • Pier or Dock
  • 1 Community Docks
  • Community Pool

Security

  • Fenced around community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,448

Year Built

Built in 2003

Lot Details

0

HOA Fees

$263 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Level Entry - Main
  • Ownership: Condominium
  • Inclusions: Furnished
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 2003
  • Remarks Public: Freshly painted canalfront 3 bedroom/3 and a half bath townhome with generously sized bedroom/rec room loft. Inverted floor plan with first floor master suite opens to covered back porch overlooking expansive back yard and canal. Bonus Action - one of the only townhome communities this close to beach with access to their own private dock. Second floor features hardwood floors, gas fireplace, open kitchen/living/dining area, half-bath for guests, wood kitchen cabinetry, black appliances and screened porch. Third floor features another Master Bedroom with full bath and sunny deck and a second bedroom with a separate bathroom. The fourth floor of the generously-sized loft has bed with couch and sitting area. Community pool, extensive landscaping and located a walk to everything, including restaurants, bakery and local gym. This property has never been rented but this is successful location for renting. Projected rental income could be approximately $24K a season. Sold furnished and ready to go.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Oven/Range - Electric, Washer
  • Entry Floor: 1
  • Flooring Type: Hardwood, Carpet, Tile/Brick
  • Interior Amenities: Ceiling Fan(s), Combination Kitchen/Living, Combination Kitchen/Dining, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Primary Bath(s), Recessed Lighting, Bathroom - Tub Shower, Walk-In Closet(s), Wood Floors, Crown Moldings, Carpet
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Loft
  • Basement: No
  • Laundry Type: Lower Floor
  • Total Sq Ft: 2800
  • Living Area Sq Ft: 2800
  • Price Per Sq Ft: 232.11
  • Above Grade Finished Sq Ft: 2800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 34

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Cpvc/Pvc, Vinyl Siding, Frame
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: No

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

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 790.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Seascape
  • HOA Condo Co-Op Amenities: Common Grounds, Fencing, Pool - Outdoor, Picnic Area, Reserved/Assigned Parking, Pier/Dock
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Pool(s), Reserve Funds, Road Maintenance, Snow Removal, Pier/Dock Maintenance
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

Fee Information

  • Capital Contribution Fee: 526.67

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: REHOBOTH
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: Listing Agent
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2019
  • Zoning: C-1
  • In City Limits: No

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 1279.00
  • Tax Annual Amount: 1448.00
  • Assessor Parcel Number: 334-13.20-99.00-17
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 11/08/2019

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2019
Closed on
Nov 8, 2019
Sold by
Viana Llc
Bought by
Welsh Ryan and Welsh Kerry
Seller's Agent
Ava Cannon
Jack Lingo - Rehoboth
Buyer's Agent
Andrew White
Compass
List Price
$649,900
Sold Price
$630,000
Premium/Discount to List
-$19,900
-3.06%
Current Estimated Value
$868,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,051
Avg. Annual Appreciation
5.58%
Original Mortgage
$472,500
Outstanding Balance
$414,846
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$453,205
Source: Public Records

Range of Values:

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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
Welsh Ryan $630,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welsh Ryan $472,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2019 11/08/19 Sold $630,000 -3.1% $225 / Sq Ft
09/27/2019 09/27/19 Pending -- -- --
09/19/2019 09/19/19 For Sale $649,900 -- $232 / 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 $1,875 $30,050 $0 $30,050
2024 $1,518 $30,050 $0 $30,050
2023 $1,517 $30,050 $0 $30,050
2022 $1,464 $30,050 $0 $30,050
2021 $1,450 $30,050 $0 $30,050
2020 $1,446 $30,050 $0 $30,050
2019 $1,353 $30,050 $0 $30,050
2018 $1,353 $30,800 $0 $0
2017 $1,295 $30,800 $0 $0
2016 $1,230 $30,800 $0 $0
2015 $1,176 $30,800 $0 $0
2014 $1,167 $30,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU147432

Bright MLS

APN: 334-13.20-99.00-17