$200,000
SOLD MAY 24, 2018

400 Cascade Ln Unit 408 Rehoboth Beach, DE 19971

2 Beds
2 Baths
1,144 Sq Ft
$264/mo HOA Fee

Recently Sold

$175 Per Sq Ft

2% Below List Price

75 Days on Market

Highlights

  • Private Pool
  • Contemporary Architecture
  • Galley Kitchen
  • Rehoboth Elementary School Rated A
  • Porch
  • Screened Patio

About This Home

As of August 2024

1st Floor living at its best! 1,144 sq. ft. Atlantic model, which has 9? ceilings & crown molding. Galley-style kitchen leads to the dining area. Living room & dining area have easy access to the screened porch via a French door. Master bedroom is en suite & has a spacious walk-in closet. Extra closet space in the hall, too. Second full bath is located in the hall and has 2 entryway doors - 1 door for access by your guests to the bath, and the other door is in the second bedroom, so that room feels like a ?junior? master suite. Separate in-unit laundry room w/pedestal side-by-side washer & dryer. Porch has a storage closet for your beach gear or bikes. Only 4 miles to the Rehoboth boardwalk. Community pool is just around the corner. Near the Wolfe Neck Breakwater Junction State Park hiking and biking trailhead. Condo dues $582/Qtr & low taxes of $585/Yr. Partially furnished.

Last Agent to Sell the Property

LINDA BOVA

SEA BOVA ASSOCIATES INC. License #RB-0003161

Co-Listed By

BRIDGET BAUER

SEA BOVA ASSOCIATES INC. License #RA-0003323

Last Buyer's Agent

Sharon Faries

Patterson-Schwartz-Dover

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $685

Year Built

  • Built in 2002

Lot Details

  • Landscaped

HOA Fees

  • $264 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,144 Sq Ft Home
  • Property has 1 Level
  • Partially Furnished
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Home Security System

Kitchen

  • Galley 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

Parking

  • 3 Parking Spaces Included
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Private Pool
  • Screened Patio
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 334-13.00-3.01-408

Community Details

Overview

  • Low-Rise Condominium
  • Creekwood Subdivision

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$685

Year Built

Built in 2002

Lot Details

0

HOA Fees

$264 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary, Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Partially Furnished
  • New Construction: No
  • Year Built: 2002
  • Remarks Public: 1st Floor living at its best! 1,144 sq. ft. Atlantic model, which has 9? ceilings & crown molding. Galley-style kitchen leads to the dining area. Living room & dining area have easy access to the screened porch via a French door. Master bedroom is en suite & has a spacious walk-in closet. Extra closet space in the hall, too. Second full bath is located in the hall and has 2 entryway doors - 1 door for access by your guests to the bath, and the other door is in the second bedroom, so that room feels like a ?junior? master suite. Separate in-unit laundry room w/pedestal side-by-side washer & dryer. Porch has a storage closet for your beach gear or bikes. Only 4 miles to the Rehoboth boardwalk. Community pool is just around the corner. Near the Wolfe Neck Breakwater Junction State Park hiking and biking trailhead. Condo dues $582/Qtr & low taxes of $585/Yr. Partially furnished.
  • 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: Kitchen - Galley, Entry Level Bedroom, Ceiling Fan(s), Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace: No
  • Door Features: Insulated
  • Foundation Details: Block
  • Floors In Unit Count: 1
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1144
  • Living Area Sq Ft: 1144
  • Net Sq Ft: 1144.00
  • Price Per Sq Ft: 179.20
  • Above Grade Finished Sq Ft: 1144
  • 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
  • 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
  • Open Parking Spaces Count: 3
  • Parking Features: Paved Driveway
  • Number Of Parking Spaces Included: 3+ Car Parking
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System, Smoke Detector, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 511.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 3163.00
  • 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: Landscaping
  • Lot Dimensions: condo land
  • Lot Size Units: Acres
  • Outdoor Living Structures: Porch(es), Screened
  • Zoning Description: COMMERCIAL/RESIDENTIAL

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 7226916
  • Assessor Parcel Number: 334-13.00-3.01-408
  • County Tax Payment Frequency: Annually
  • Close Date: 05/24/2018

MLS Schools

  • School District Name: CAPE HENLOPEN

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
75
Views
84
Current Estimated Value
$399,467

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

Range of Values:

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Average Value
Not Available
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 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: 1001575928

Bright MLS

APN: 334-13.00-3.01-408