NOT LISTED FOR SALE

40 Canal Landing Ct Unit 20 Rehoboth Beach, DE 19971

Estimated Value: $741,768 - $1,002,000

4 Beds
3.5 Baths
2,800 Sq Ft
$314/Sq Ft Est. Value

Last Sold July 30, 2019

Last sale price $620,000 $221 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,253/month

23 Days on Market

Highlights

  • Pier or Dock
  • Home fronts navigable water
  • Eat-In Gourmet Kitchen
  • Rehoboth Elementary School Rated A
  • Water Access
  • View of Trees or Woods

About This Home

As of July 2019

Gorgeous and convenient canal-front 4 bedroom/3 and a half bath townhome with generously sized bedroom/rec room loft included. Inverted floor plan with first floor master suite opens to back porch for grilling and chilling. Expansive back yard overlooks canal with access to their own community dock. Second floor features hardwood floors, gas fireplace, open kitchen/living/dining area, half-bath for guests, white kitchen cabinetry, upgraded appliances, granite countertops and screened in rear porch. Third floor features another Master Bedroom with Full Bath and deck overlooking canal and a second bedroom with a separate bathroom. The fourth floor of the generously-sized loft holds two bunkbeds with couch, sitting area and row of windows facing canal that few units have. Heated Community pool, extensive landscaping and located close to everything. Original owners have never rented but this is a popular and successful location for renting. Projected rental income could be approximately $24K a season. Sold almost completely furnished.

Last Listed By

Ava Cannon

Jack Lingo - Rehoboth License #RS-0016508 Listed on: 06/06/2019

Jack Lingo - Rehoboth

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,448

Year Built

  • Built in 2003

Lot Details

  • Home fronts navigable water
  • Home fronts a canal
  • Stone Retaining Walls
  • Property is in good condition

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 2 Open Parking Spaces
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • Parking Lot
  • 2 Assigned Parking Spaces

Property Views

  • Woods
  • Canal
  • Garden

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • CPVC or PVC Pipes

Interior Spaces

  • 2,800 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Stove
  • Fireplace With Glass Doors
  • Gas Fireplace
  • Combination Dining and Living Room

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Oven
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Property is near a canal
  • Exterior Lighting

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-13.20-99.00-20

Community Details

Overview

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

Amenities

  • Picnic Area
  • Common Area

Recreation

  • Pier or Dock
  • 1 Community Docks
  • Community Pool

Pet Policy

  • Limit on the number of pets

Security

  • Fenced around community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,448

Year Built

Built in 2003

Lot Details

0

HOA Fees

$250 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2, Upper 3
  • Federal Flood Zone: No
  • Year Built: 2003
  • Year Renovated: 2003
  • Remarks Public: Gorgeous and convenient canal-front 4 bedroom/3 and a half bath townhome with generously sized bedroom/rec room loft included. Inverted floor plan with first floor master suite opens to back porch for grilling and chilling. Expansive back yard overlooks canal with access to their own community dock. Second floor features hardwood floors, gas fireplace, open kitchen/living/dining area, half-bath for guests, white kitchen cabinetry, upgraded appliances, granite countertops and screened in rear porch. Third floor features another Master Bedroom with Full Bath and deck overlooking canal and a second bedroom with a separate bathroom. The fourth floor of the generously-sized loft holds two bunkbeds with couch, sitting area and row of windows facing canal that few units have. Heated Community pool, extensive landscaping and located close to everything. Original owners have never rented but this is a popular and successful location for renting. Projected rental income could be approximately $24K a season. Sold almost completely furnished.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven - Wall, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Hardwood, Tile/Brick, Carpet
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Combination Dining/Living, Crown Moldings, Entry Level Bedroom, Kitchen - Eat-In, Kitchen - Gourmet, Primary Bath(s), Pantry, Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Wood Floors, Stove - Wood
  • Fireplace Features: Fireplace - Glass Doors, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Living Room, Kitchen
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2800
  • Living Area Sq Ft: 2800
  • Price Per Sq Ft: 221.43
  • Above Grade Finished Sq Ft: 2800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 40

Beds/Baths

  • Bedrooms: 4
  • 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: Vinyl Siding, Frame, Cpvc/Pvc
  • Exterior Features: Exterior Lighting, Stone Retaining Walls
  • Roof: Architectural Shingle
  • Spa: No
  • View: Trees/Woods, Canal, Garden/Lawn
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Assigned Spaces Count: 2
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Parking Features: Assigned
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Parking Lot, Driveway, Attached Garage

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

  • HOA Fees: 750.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Fencing, Pier/Dock, Picnic Area, Pool - Outdoor, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Pier/Dock Maintenance, Pool(s), Reserve Funds, Road Maintenance, Snow Removal
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Fenced, In Ground

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
  • Lot Size Units: Square Feet
  • Property Condition: Good
  • Year Assessed: 2019
  • Zoning: D 3754
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 1279.00
  • Tax Annual Amount: 1448.00
  • Assessor Parcel Number: 334-13.20-99.00-20
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 07/30/2019

MLS Schools

  • School District Name: CAPE HENLOPEN

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mitchell Jeffrey W $492,000
Closed Mitchell Jeffrey W $496,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2019 07/30/19 Sold $620,000 -3.0% $221 / Sq Ft
06/29/2019 06/29/19 Pending -- -- --
06/17/2019 06/17/19 Price Changed $639,000 -4.6% $228 / Sq Ft
06/06/2019 06/06/19 For Sale $669,500 -- $239 / 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
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 $1,448 $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

  • Ava Cannon

    Seller's Agent in 2019

    Ava Cannon

    Jack Lingo - Rehoboth

    (302) 249-5620

    70 in this area

    119 Total Sales

    Ava Cannon
    Section Image
  • Matt Brittingham

    Buyer's Agent in 2019

    Matt Brittingham

    Patterson Schwartz

    (302) 344-9026

    25 in this area

    254 Total Sales

    Matt Brittingham
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU141396

Bright MLS

APN: 334-13.20-0099.00- 20

Delaware Sussex County Rehoboth Beach 19971

40 Canal Landing Ct Unit 20, Rehoboth Beach, DE

Homes for Sale in Rehoboth Beach, DE

This home is located at 40 Canal Landing Ct Unit 20, Rehoboth Beach, DE 19971 since 06 June 2019 and is currently estimated at $879,442, approximately $314 per square foot. This property was built in 2003. 40 Canal Landing Ct Unit 20 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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