NOT LISTED FOR SALE

400 Cascade Ln Unit 401 Rehoboth Beach, DE 19971

Estimated Value: $282,365 - $386,000

2 Beds
2 Baths
1,075 Sq Ft
$200/mo HOA Fee

Last Sold March 15, 2021

Last sale price $249,900 $232 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,123/month

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • Community Pool
  • Rehoboth Elementary School Rated A
  • Main Floor Bedroom
  • Breakfast Area or Nook

About This Home

As of March 2021

Rare First Floor condo facing woods in the community of Creekwood, Rehoboth Beach, DE Condo features extra cabinets, Corian counters, Pantry, hardwood floors in dining area, separate laundry room and door access from screened in porch. A gas outlet is installed ready for a future fireplace. Bathrooms are all ceramic tile floors. Owners suite includes a large shower with dual heads. Ceiling Fans, Bar seating, window treatments, crown molding and chair rail finish the rooms. Window treatments convey. Community pool. Seller has been notified of a $100 special assessment for 2021 to cover the expense of a pool monitor due to Covid.

Last Agent to Sell the Property

Mitch Selbiger

(410) 274-3479 MITSEL@AOL.COM Monument Sotheby's International Realty License #RA-0003297 Listed on: 02/11/2021

Monument Sotheby's International Realty

Last Buyer's Agent

Adam Linder

(302) 519-8894 adamlinder@northroprealty.com Northrop Realty License #RS-0022116

Northrop Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $585

Year Built

  • Built in 2002

Lot Details

  • Property is in very good condition

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,075 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Bar
  • Ceiling Fan

Kitchen

  • Galley Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Parking

  • Parking Lot
  • Off-Street Parking

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-13.00-3.01-401

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance, pool(s)
  • Low-Rise Condominium
  • Creekwood Subdivision

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$585

Year Built

Built in 2002

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-02-13
  • Federal Flood Zone: No
  • Year Built: 2002
  • Automatically Close On Close Date: No
  • Remarks Public: Rare First Floor condo facing woods in the community of Creekwood, Rehoboth Beach, DE Condo features extra cabinets, Corian counters, Pantry, hardwood floors in dining area, separate laundry room and door access from screened in porch. A gas outlet is installed ready for a future fireplace. Bathrooms are all ceramic tile floors. Owners suite includes a large shower with dual heads. Ceiling Fans, Bar seating, window treatments, crown molding and chair rail finish the rooms. Window treatments convey. Community pool. Seller has been notified of a $100 special assessment for 2021 to cover the expense of a pool monitor due to Covid.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Washer
  • Entry Floor: 1
  • Flooring Type: Carpet, Ceramic Tile, Laminated
  • Interior Amenities: Bar, Breakfast Area, Carpet, Ceiling Fan(s), Entry Level Bedroom, Floor Plan - Open, Kitchen - Galley, Pantry
  • Fireplace: No
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Main Floor, Washer In Unit
  • Total Sq Ft: 1075
  • Living Area Sq Ft: 1075
  • Price Per Sq Ft: 232.47
  • Above Grade Finished Sq Ft: 1075
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 400

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 200.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Pool(s)
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: C-1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 7226909
  • School Tax: 529.00
  • Tax Annual Amount: 585.00
  • Assessor Parcel Number: 334-13.00-3.01-401
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 03/15/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2021
Closed on
Mar 9, 2021
Sold by
Martindale Paul A and Martindale Catherine A
Bought by
Aquino Michael D
Seller's Agent
Mitch Selbiger
Monument Sotheby's International Realty
Buyer's Agent
Adam Linder
Northrop Realty
List Price
$249,900
Sold Price
$249,900
Current Estimated Value
$350,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,691
Avg. Annual Appreciation
6.06%

Purchase Details

Closed on
Dec 7, 2002
Bought by
Martindale Paul A and Martindale Catherine A
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
Aquino Michael D $249,900 None Available
Martindale Paul A $165,200 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2021 03/15/21 Sold $249,900 0.0% $232 / Sq Ft
02/13/2021 02/13/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $249,900 -- $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 $687 $12,450 $0 $12,450
2024 $648 $12,450 $0 $12,450
2023 $648 $12,450 $0 $12,450
2022 $625 $12,450 $0 $12,450
2021 $619 $12,450 $0 $12,450
2020 $617 $12,450 $0 $12,450
2019 $618 $12,450 $0 $12,450
2018 $577 $13,150 $0 $0
2017 $553 $13,150 $0 $0
2016 $525 $13,150 $0 $0
2015 $502 $13,150 $0 $0
2014 $498 $13,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mitch Selbiger

    Seller's Agent in 2021

    Mitch Selbiger

    OCEAN ATLANTIC SOTHEBYS

    (410) 274-3479

    37 in this area

    61 Total Sales

    Mitch Selbiger
    Section Image
  • Adam Linder

    Buyer's Agent in 2021

    Adam Linder

    Creig Northrop Team of Long & Foster

    (302) 519-8894

    44 in this area

    112 Total Sales

    Adam Linder
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU177418

Bright MLS

APN: 334-13.00-3.01-401

Delaware Sussex County Rehoboth Beach 19971

400 Cascade Ln Unit 401, Rehoboth Beach, DE

This home is located at 400 Cascade Ln Unit 401, Rehoboth Beach, DE 19971 since 11 February 2021 and is currently estimated at $350,591, approximately $326 per square foot. This property was built in 2002. 400 Cascade Ln Unit 401 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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