400 Cascade Ln Unit 408 Rehoboth Beach, DE 19971
2
Beds
2
Baths
1,144
Sq Ft
$223/mo
HOA Fee
Highlights
- Open Floorplan
- Coastal Architecture
- Screened Porch
- Rehoboth Elementary School Rated A
- Main Floor Bedroom
- Community Pool
About This Home
As of August 2024Nestled in the charming Creekwood community of Rehoboth Beach, Delaware, this delightful first-floor condo presents a unique opportunity to enjoy the best of beach living without the hassles of maintaining a single-family home. This two-bedroom, two-bath home could be your perfect beach getaway or your new full-time residence. As you step into this inviting home, you're immediately greeted by an open floor plan bathed in natural light from the many windows that adorn each room. The spacious living room flows effortlessly into a cozy dining area, creating a warm and welcoming space for entertaining or simply unwinding after a day at the beach. The quintessential galley-style kitchen is a chef’s dream, featuring 42” cabinetry, a substantial pantry, and abundant counter space—perfect for preparing those beloved family beach recipes. The condo's thoughtful split floor plan ensures privacy and comfort. On one side, the sizable primary bedroom boasts an ensuite with a stall shower and a graciously sized walk-in closet, offering a peaceful retreat. On the other side, an additional bedroom also features a walk-in closet and private access to a well-appointed hall bath. In the foyer, a hall closet provides extra storage space, while the tucked-away laundry room offers additional organizing options. From the dining room, step out onto the charming, screened porch—the perfect spot to relax in the evening and plan your next beach adventure. Located just four miles from the vibrant Rehoboth Beach boardwalk, this home is ideally situated. A short bike ride will take you to the Wolfe Neck Breakwater park entrance to the Lewes to Rehoboth bike/hike trail, and you'll find abundant shopping, dining, and entertainment venues all within easy reach. Plus, the community pool is conveniently located just around the corner, providing a refreshing escape on warm summer days. This well-maintained condo is more than just a home; it’s a lifestyle. Being sold fully furnished. Beach retreat, full-time residence, or possible rental opportunity, 400 Cascade Lane, Unit 408 could be perfect for you. Everyone knows life is better at the beach, and this sweet abode offers a simply perfect blend of comfort, convenience, and coastal charm. Don’t wait—come see for yourself why this home won’t last long!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $686
Year Built
- Built in 2002
HOA Fees
- $223 Monthly HOA Fees
Home Design
- Coastal Architecture
- Contemporary Architecture
- Slab Foundation
- Frame Construction
- Pitched Roof
- Vinyl Siding
- Stick Built Home
Interior Spaces
- 1,144 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Crown Molding
- Ceiling Fan
- Recessed Lighting
- Double Pane Windows
- Vinyl Clad Windows
- Window Treatments
- Window Screens
- Atrium Doors
- Six Panel Doors
- Entrance Foyer
- Living Room
- Dining Room
- Screened Porch
- Partially Carpeted
Kitchen
- Galley Kitchen
- Electric Oven or Range
- Built-In Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Walk-In Closet
- 2 Full Bathrooms
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Home Security
Parking
- Paved Parking
- Parking Lot
Schools
- Rehoboth Elementary School
- Beacon Middle School
- Cape Henlopen High School
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- 60 Gallon+ Water Heater
- Public Septic
Additional Features
- Screened Patio
- Property is in excellent condition
Listing and Financial Details
- Assessor Parcel Number 334-13.00-3.01-408
Community Details
Overview
- Association fees include trash, snow removal, pool(s)
- Low-Rise Condominium
- Creekwood Subdivision
- Property Manager
Recreation
- Tennis Courts
- Community Pool
Security
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 6, 2024
Closed on
Aug 23, 2024
Sold by
Armutcu Mithat and Armutcu Maria
Bought by
Maureen Corcoran
Seller's Agent
Gary Desch
Northrop Realty
Buyer's Agent
LESLIE SAVAGE
Jack Lingo - Lewes
List Price
$399,000
Sold Price
$380,000
Premium/Discount to List
-$19,000
-4.76%
Total Days on Market
35
Views
84
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,467
Avg. Annual Appreciation
5.04%
Original Mortgage
$280,000
Outstanding Balance
$278,294
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$115,197
Purchase Details
Listed on
Feb 7, 2018
Closed on
May 22, 2018
Sold by
Baker Walter A and Baker Darlene A
Bought by
Armutcu Mithat and Armutcu Maria
Seller's Agent
LINDA BOVA
SEA BOVA ASSOCIATES INC.
Buyer's Agent
Sharon Faries
Patterson-Schwartz-Dover
List Price
$205,000
Sold Price
$200,000
Premium/Discount to List
-$5,000
-2.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.82%
Purchase Details
Listed on
Aug 21, 2012
Closed on
Jun 24, 2013
Sold by
Hass Barry S and Chesshire Richard J
Bought by
Baker Walter A and Baker Darlene A
Seller's Agent
LINDA BOVA
SEA BOVA ASSOCIATES INC.
Buyer's Agent
LINDA BOVA
SEA BOVA ASSOCIATES INC.
List Price
$165,000
Sold Price
$165,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.98%
Purchase Details
Listed on
Aug 21, 2012
Closed on
Jun 13, 2013
Sold by
Hass Barry S and Chesshire Richard J
Bought by
Baker Walter A and Baker Darlene A
Seller's Agent
LINDA BOVA
SEA BOVA ASSOCIATES INC.
Buyer's Agent
LINDA BOVA
SEA BOVA ASSOCIATES INC.
List Price
$165,000
Sold Price
$165,000
Map
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Similar Homes in Rehoboth Beach, DE
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $380,000 | None Listed On Document | |
| Deed | $200,000 | -- | |
| Deed | $165,000 | -- | |
| Deed | $165,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $280,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/23/2024 08/23/24 | Sold | $380,000 | -4.8% | $332 / Sq Ft |
| 06/06/2024 06/06/24 | For Sale | $399,000 | +99.5% | $349 / Sq Ft |
| 05/24/2018 05/24/18 | Sold | $200,000 | -2.4% | $175 / Sq Ft |
| 04/23/2018 04/23/18 | Pending | -- | -- | -- |
| 04/06/2018 04/06/18 | For Sale | $205,000 | 0.0% | $179 / Sq Ft |
| 03/12/2018 03/12/18 | Pending | -- | -- | -- |
| 03/09/2018 03/09/18 | For Sale | $205,000 | 0.0% | $179 / Sq Ft |
| 03/01/2018 03/01/18 | Pending | -- | -- | -- |
| 02/07/2018 02/07/18 | For Sale | $205,000 | +24.2% | $179 / Sq Ft |
| 06/21/2013 06/21/13 | Sold | $165,000 | 0.0% | $144 / Sq Ft |
| 05/05/2013 05/05/13 | Pending | -- | -- | -- |
| 08/21/2012 08/21/12 | For Sale | $165,000 | -- | $144 / Sq Ft |
Source: Bright MLS
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
Source: Bright MLS
MLS Number: DESU2063738
APN: 334-13.00-3.01-408
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