NOT LISTED FOR SALE

38470 Cottage Ln Unit 15 Rehoboth Beach, DE 19971

Estimated Value: $868,000 - $1,400,000

3 Beds
3.5 Baths
-- Sq Ft
1,133 Sq Ft Lot

Last Sold August 30, 2013

Last sale price $545,000

Est. 110% increase in value since last sale

Current estimated payment $6,432/month

24 Days on Market

Highlights

  • Pier or Dock
  • Lake View
  • Lake Privileges
  • Rehoboth Elementary School Rated A
  • Waterfront
  • Wood Flooring

About This Home

As of August 2013

Rarely offered townhouse on Lake Comegys. Owner is in the process of updating with Bamboo flooring and ceramic tile. Also adding, granite counter tops, new sink and appliances, fresh paint and removing the wall separating kitchen to open up the space. Pictures to come once renovation is complete.

Last Agent to Sell the Property

DEBBIE REED

RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 06/18/2013

RE/MAX Realty Group Rehoboth

Co-Listed By

CHRISTY DORMAN

RE/MAX Realty Group Rehoboth

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,657

Year Built

  • Built in 1970

Lot Details

  • Waterfront

Property Views

  • Lake
  • Pond

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • Property has 2 Levels
  • Window Screens
  • Mud Room
  • Living Room
  • Dining Room

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Water Access
  • Property is near a pond
  • Lake Privileges
  • Screened Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-20.09-129.27

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Pier or Dock

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,657

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Breakfast Area
  • Window Features: Screens
  • Fireplace: No
  • Foundation Details: Slab
  • Floors In Unit Count: 2
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 9
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Laundry, Mud Room, Additional Bedroom
  • Basement: No

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Exterior Features

  • Construction Materials: Stick Built, Brick, Wood Siding
  • Construction Completed: Yes
  • 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: Assigned, Paved Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Forced Air
  • 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: No

Schools

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

Lot Info

  • Outdoor Living Structures: Patio(s), Porch(es), Screened

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5202992
  • Assessor Parcel Number: 334-20.09-129.27
  • County Tax Payment Frequency: Annually
  • Close Date: 08/30/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2013
Closed on
Aug 27, 2013
Sold by
Foley Rehoboth Llc
Bought by
Guerke Kevin A and Guerke Heather K
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$545,000
Sold Price
$545,000
Total Days on Market
24
Current Estimated Value
$1,145,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$600,029
Avg. Annual Appreciation
6.47%
Original Mortgage
$436,000
Outstanding Balance
$330,631
Interest Rate
4.43%
Estimated Equity
$814,398
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
Guerke Kevin A $545,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guerke Kevin A $436,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2013 08/30/13 Sold $545,000 0.0% --
07/12/2013 07/12/13 Pending -- -- --
06/18/2013 06/18/13 For Sale $545,000 -- --
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 $1,657 $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

  • DEBBIE REED

    Seller's Agent in 2013

    DEBBIE REED

    RE/MAX

    (302) 227-3818

    292 in this area

    879 Total Sales

    DEBBIE REED
    Section Image
  • CHRISTY DORMAN

    Seller Co-Listing Agent in 2013

    CHRISTY DORMAN

    RE/MAX

    (302) 228-9871

    Section Image
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Map

Source: Bright MLS

MLS Number: 1001196994

Bright MLS

APN: 334-20.09-129.27

Delaware Sussex County Rehoboth Beach 19971

38470 Cottage Ln Unit 15, Rehoboth Beach, DE

This home is located at 38470 Cottage Ln Unit 15, Rehoboth Beach, DE 19971 since 18 June 2013 and is currently estimated at $1,145,029. This property was built in 1970. 38470 Cottage Ln Unit 15 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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