NOT LISTED FOR SALE

38460 Cottage Ln Unit 5 Rehoboth Beach, DE 19971

Estimated Value: $574,231 - $1,086,000

3 Beds
2 Baths
-- Sq Ft
871 Sq Ft Lot

Last Sold August 22, 2013

Last sale price $505,000

Est. 66% increase in value since last sale

Current estimated payment $4,579/month

162 Days on Market

Highlights

  • 1 Dock Slip
  • Pier
  • Lake View
  • Rehoboth Elementary School Rated A
  • Pier or Dock
  • Waterfront

About This Home

As of August 2013

Open Floor Plan and tucked away in a tranquil setting only 2 blocks to ocean & boardwalk. Direct lake views.Never rented and ready for your personal touch. Outside storage/shower & patio and rear screened porch & deck. Freshly painted.

Last Agent to Sell the Property

Ava Cannon

(302) 249-5620 ava@jacklingo.com Jack Lingo - Rehoboth License #RS-0016508 Listed on: 01/25/2013

Jack Lingo - Rehoboth

Last Buyer's Agent

Ava Cannon

(302) 249-5620 ava@jacklingo.com Jack Lingo - Rehoboth License #RS-0016508 Listed on: 01/25/2013

Jack Lingo - Rehoboth

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,630

Year Built

  • Built in 1970

Lot Details

  • 871 Sq Ft Lot
  • Waterfront
  • Partially Fenced Property
  • Landscaped
  • Sprinkler System

Property Views

  • Lake
  • Pond

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof
  • Wood Siding
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • Property has 2 Levels
  • Furnished
  • Ceiling Fan
  • Window Screens
  • Family Room
  • Living Room
  • Dining Room

Kitchen

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

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Home Security

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Pier
  • Water Access
  • Property is near a pond
  • 1 Dock Slip
  • Lake Privileges
  • Screened Patio
  • Outbuilding
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-20.09-129.08

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include lawn maintenance
  • Lake Comegys Subdivision

Recreation

  • Pier or Dock

Security

  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,630

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Year Built: 1970
  • Remarks Public: Open Floor Plan and tucked away in a tranquil setting only 2 blocks to ocean & boardwalk. Direct lake views.Never rented and ready for your personal touch. Outside storage/shower & patio and rear screened porch & deck. Freshly painted.
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Breakfast Area, Ceiling Fan(s)
  • Window Features: Screens
  • Fireplace: No
  • Door Features: Storm
  • Foundation Details: Slab
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 9
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Laundry, Additional Bedroom
  • Basement: No
  • Street Number Modifier: 38460

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Construction Materials: Stick Built, Brick, Vinyl Siding, Wood Siding
  • Construction Completed: Yes
  • Exterior Features: Lawn Sprinkler, Outside Shower, Outbuilding(s)
  • Roof: Architectural Shingle
  • View: Lake, Pond
  • Water Access: Yes
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1200.00
  • HOA Condo Co-Op Amenities: Pier/Dock, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance
  • HOA: No

Schools

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

Lot Info

  • Fencing: Partially
  • Lot Features: Landscaping
  • Lot Size Acres: 0.02
  • Lot Size Units: Acres
  • Outdoor Living Structures: Patio(s), Porch(es), Screened

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 334-20.09-129.08
  • County Tax Payment Frequency: Annually
  • Close Date: 08/22/2013

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2020
Sold by
Michael C Barnes Ret
Bought by
Betchkal Mark
Current Estimated Value
$838,058

Purchase Details

Listed on
Jan 25, 2013
Closed on
Aug 23, 2013
Sold by
Leckey Dolores R
Bought by
Barnes Michael C
Seller's Agent
Ava Cannon
Jack Lingo - Rehoboth
Buyer's Agent
Ava Cannon
Jack Lingo - Rehoboth
List Price
$505,000
Sold Price
$505,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.15%
Original Mortgage
$375,000
Interest Rate
4.34%
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
Betchkal Mark $658,630 None Available
Barnes Michael C $505,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barnes Michael C $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2013 08/22/13 Sold $505,000 0.0% --
07/06/2013 07/06/13 Pending -- -- --
01/25/2013 01/25/13 For Sale $505,000 -- --
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
2025 $1,630 $27,150 $2,150 $25,000
2024 $1,157 $27,150 $2,150 $25,000
2023 $1,656 $27,150 $2,150 $25,000
2022 $1,609 $27,150 $2,150 $25,000
2021 $1,597 $27,150 $2,150 $25,000
2020 $1,592 $27,150 $2,150 $25,000
2019 $1,573 $27,150 $2,150 $25,000
2018 $1,192 $27,150 $0 $0
2017 $1,142 $27,150 $0 $0
2016 $1,113 $27,150 $0 $0
2015 $1,065 $27,150 $0 $0
2014 $1,057 $27,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ava Cannon

    Seller's Agent in 2013

    Ava Cannon

    Jack Lingo - Rehoboth

    (302) 249-5620

    58 in this area

    108 Total Sales

    Ava Cannon
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Map

Source: Bright MLS

MLS Number: 1000971070

Bright MLS

APN: 334-20.09-129.08

Delaware Sussex County Rehoboth Beach 19971

38460 Cottage Ln Unit 5, Rehoboth Beach, DE

This home is located at 38460 Cottage Ln Unit 5, Rehoboth Beach, DE 19971 since 25 January 2013 and is currently estimated at $838,058. This property was built in 1970. 38460 Cottage Ln Unit 5 is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

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