$190,000
SOLD FEB 28, 2017

400 Cascade Ln Unit 407 Rehoboth Beach, DE 19971

2 Beds
2 Baths
1,038 Sq Ft
$194/mo HOA Fee

Recently Sold

$183 Per Sq Ft

5% Below List Price

81 Days on Market

Highlights

  • In Ground Pool
  • Wooded Lot
  • Porch
  • Rehoboth Elementary School Rated A
  • Furnished
  • Screened Patio

About This Home

As of October 2020

This condo is a first floor end unit in the highly sought-after community of Creekwood. Being offered furnished for a turn-key rental investment or for your beach get-away. The private screened porch overlooks a wooded setting for added privacy.This unit is going to sell quickly so don't miss your chance to see it today!

Last Agent to Sell the Property

Jenn Nagle

Monument Sotheby's International Realty Listed on: 11/20/2016

Monument Sotheby's International Realty

Co-Listed By

CHRISTINE MOORE

Monument Sotheby's International Realty

Last Buyer's Agent

DEBBIE REED

RE/MAX Realty Group Rehoboth License #RS-0010229

RE/MAX Realty Group Rehoboth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $685

Year Built

  • Built in 2002

Lot Details

  • Wooded Lot

HOA Fees

  • $194 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 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Screened Patio
  • Porch

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

  • Low-Rise Condominium
  • Creekwood Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$685

Year Built

Built in 2002

Lot Details

0

HOA Fees

$194 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
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Year Built: 2002
  • Remarks Public: This condo is a first floor end unit in the highly sought-after community of Creekwood. Being offered furnished for a turn-key rental investment or for your beach get-away. The private screened porch overlooks a wooded setting for added privacy.This unit is going to sell quickly so don't miss your chance to see it today!
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace: No
  • Foundation Details: Block
  • Floors In Unit Count: 1
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1038
  • Living Area Sq Ft: 1038
  • Net Sq Ft: 1038.00
  • Price Per Sq Ft: 191.71
  • Above Grade Finished Sq Ft: 1038
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 400

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Pool Features: In Ground
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal, Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

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

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2327.00
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Swimming Pool
  • HOA: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Lot Features: Trees/Wooded
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Porch(es), Screened
  • Zoning Description: GENERAL RESIDENTIAL

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 7226915
  • Assessor Parcel Number: 334-13.00-3.01-407
  • County Tax Payment Frequency: Annually
  • Close Date: 02/28/2017

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:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $220,000 None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $30,000 Credit Line Revolving
Open $176,000 New Conventional
Previous Owner $144,000 Future Advance Clause Open End Mortgage
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: 1001023630

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 and is currently priced at $190,000, approximately $183 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes