NOT LISTED FOR SALE

400 Cascade Ln Unit 407 Rehoboth Beach, DE 19971

Estimated Value: $275,075 - $385,000

2 Beds
2 Baths
1,038 Sq Ft
$209/mo HOA Fee

Last Sold October 30, 2020

Last sale price $220,000 $212 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,195/month

4 Days on Market

Highlights

  • Furnished
  • Community Pool
  • Central Air
  • Rehoboth Elementary School Rated A
  • Walk-In Closet
  • Ceiling Fan

About This Home

As of October 2020

This is a first floor 2 bedroom, 2 bath condo in the popular community of Creekwood. It is being offered furnished. One level living with an open living, dining and kitchen! New washer just installed. A private screened porch overlooks a wooded setting! Close to both Rehoboth Beach and Lewes so you can enjoy the cuisine, shopping, and State Parks. This unit is ready-to-go!

Last Agent to Sell the Property

DEBBIE REED

RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 09/17/2020

RE/MAX Realty Group Rehoboth

Last Buyer's Agent

Andy Whitescarve Whitescarver

RE/MAX Realty Group Rehoboth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $620

Year Built

  • Built in 2002

HOA Fees

  • $209 Monthly HOA Fees

Home Design

  • Block Foundation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,038 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Window Screens

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Parking Lot

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-13.00-3.01-407

Community Details

Overview

  • $400 Capital Contribution Fee
  • Association fees include common area maintenance, pool(s), lawn maintenance
  • Low-Rise Condominium
  • Legum & Norman Condos, Phone Number (302) 227-8448
  • Creekwood Subdivision

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$620

Year Built

Built in 2002

Lot Details

0

HOA Fees

$209 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Exclusions: TV
  • Historic: No
  • Home Warranty: No
  • Inclusions: Sold Furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2002
  • Automatically Close On Close Date: No
  • Remarks Public: This is a first floor 2 bedroom, 2 bath condo in the popular community of Creekwood. It is being offered furnished. One level living with an open living, dining and kitchen! New washer just installed. A private screened porch overlooks a wooded setting! Close to both Rehoboth Beach and Lewes so you can enjoy the cuisine, shopping, and State Parks. This unit is ready-to-go!
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Carpet, Ceiling Fan(s), Walk-In Closet(s), Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1038
  • Living Area Sq Ft: 1038
  • Price Per Sq Ft: 207.13
  • Above Grade Finished Sq Ft: 1038
  • 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
  • Exterior Features: Street Lights
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2504.00
  • Condo Co-Op Fee Frequency: Annually
  • Condo Co-Op Name: Legum & Norman
  • Condo Co-Op Phone: 302-227-8448
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Lawn Maintenance
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

Fee Information

  • Capital Contribution Fee: 400.00

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

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

Rental Info

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

Tax Info

  • Assessor Parcel Number: 7226915
  • School Tax: 561.00
  • Tax Annual Amount: 620.00
  • Assessor Parcel Number: 334-13.00-3.01-407
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 10/30/2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2020
Closed on
Oct 29, 2020
Sold by
Diana M Lund T
Bought by
Toner Karin
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Andy Whitescarve Whitescarver
RE/MAX Realty Group Rehoboth
List Price
$215,000
Sold Price
$220,000
Premium/Discount to List
$5,000
2.33%
Current Estimated Value
$347,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,519
Avg. Annual Appreciation
10.31%
Original Mortgage
$176,000
Outstanding Balance
$157,683
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$189,836

Purchase Details

Closed on
Apr 20, 2015
Sold by
David David and Henderson Sylvia
Bought by
Drfc Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
3.65%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Toner Karin $220,000 None Available
Drfc Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Toner Karin $30,000
Open Toner Karin $176,000
Previous Owner Drfc Inc $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $220,000 +2.3% $212 / Sq Ft
09/21/2020 09/21/20 Pending -- -- --
09/17/2020 09/17/20 For Sale $215,000 +13.2% $207 / Sq Ft
02/28/2017 02/28/17 Sold $190,000 -4.5% $183 / Sq Ft
02/09/2017 02/09/17 Pending -- -- --
11/20/2016 11/20/16 For Sale $199,000 -- $192 / 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 $685 $13,200 $0 $13,200
2023 $685 $13,200 $0 $13,200
2022 $661 $13,200 $0 $13,200
2021 $655 $13,200 $0 $13,200
2020 $653 $13,200 $0 $13,200
2019 $654 $13,200 $0 $13,200
2018 $610 $13,900 $0 $0
2017 $585 $13,900 $0 $0
2016 $555 $13,900 $0 $0
2015 $531 $13,900 $0 $0
2014 $527 $13,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • DEBBIE REED

    Seller's Agent in 2020

    DEBBIE REED

    RE/MAX

    (302) 227-3818

    296 in this area

    887 Total Sales

    DEBBIE REED
    Section Image

  • J

    Seller's Agent in 2017

    Jenn Nagle

    OCEAN ATLANTIC SOTHEBYS

    (302) 228-2841

    18 Total Sales

    Jenn Nagle
    Section Image

  • C

    Seller Co-Listing Agent in 2017

    CHRISTINE MOORE

    OCEAN ATLANTIC SOTHEBYS

See All Agents

Map

Source: Bright MLS

MLS Number: DESU169364

Bright MLS

APN: 334-13.00-3.01-407

Delaware Sussex County Rehoboth Beach 19971

400 Cascade Ln Unit 407, Rehoboth Beach, DE

This home is located at 400 Cascade Ln Unit 407, Rehoboth Beach, DE 19971 since 17 September 2020 and is currently estimated at $347,519, approximately $334 per square foot. This property was built in 2002. 400 Cascade Ln Unit 407 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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