NOT LISTED FOR SALE

400 Cascade Ln Unit 411 Rehoboth Beach, DE 19971

Estimated Value: $357,188 - $395,000

2 Beds
2 Baths
-- Sq Ft
$215/mo HOA Fee

Last Sold March 21, 2022

Last sale price $320,000

Est. 18% increase in value since last sale

Current estimated payment $2,278/month

Highlights

  • View of Trees or Woods
  • 16.82 Acre Lot
  • Community Pool
  • Rehoboth Elementary School Rated A
  • Open Floorplan
  • Breakfast Area or Nook

About This Home

As of March 2022

Amazing and spacious 2 bedroom 2 full bath, 2nd floor unit backing to woods. The property offers new HVAC 2020, new LVP flooring, brand new refrigerator. Versatile floorplan. In unit washer and dryer. Private screened balcony with storage closet. The community offers pool and is located within walking distance to popular shopping destinations and restaurants. Enjoy beach lifestyle at a reasonable cost. Don't let this one get away!

Last Agent to Sell the Property

Victoria Lawson

(302) 743-2925 vlawson@lnf.com Long & Foster Real Estate, Inc. License #RS212781L Listed on: 02/10/2022

Long & Foster Real Estate, Inc.

Last Buyer's Agent

DEE HENDERSO HAKE

(302) 363-2380 DeeHendersonHake@gmail.com Keller Williams Realty Central-Delaware

Keller Williams Realty Central-Delaware

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $622

Lot Details

  • 16.82

HOA Fees

  • $215 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Slab Foundation
  • Pitched Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Views of Woods

Kitchen

  • Galley Kitchen
  • Breakfast Area or Nook
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Private Parking
  • Parking Lot

Location

  • Suburban Location

Schools

  • Rehoboth Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-13.00-3.01-411

Community Details

Overview

  • $400 Capital Contribution Fee
  • Association fees include common area maintenance, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, pool(s), snow removal, trash
  • Low-Rise Condominium
  • Creekwood Condos
  • Creekwood Subdivision
  • Property Manager

Amenities

  • Common Area

Recreation

  • Community Pool

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$622

Lot Details

0

HOA Fees

$215 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: Personal property
  • Home Warranty: No
  • Inclusions: Washer, dryer, refrigerator, window treatments
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Amazing and spacious 2 bedroom 2 full bath, 2nd floor unit backing to woods. The property offers new HVAC 2020, new LVP flooring, brand new refrigerator. Versatile floorplan. In unit washer and dryer. Private screened balcony with storage closet. The community offers pool and is located within walking distance to popular shopping destinations and restaurants. Enjoy beach lifestyle at a reasonable cost. Don't let this one get away!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Washer, Water Heater, Stove
  • Entry Floor: 2
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Combination Dining/Living, Floor Plan - Open, Kitchen - Galley, Pantry, Primary Bath(s), Walk-In Closet(s), Window Treatments
  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Laundry, Primary Bathroom, Full Bath
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • 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: Concrete, Vinyl Siding
  • Roof: Pitched
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Private
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 645.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Creekwood
  • HOA Condo Co-Op Amenities: Common Grounds, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Pool(s), Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Fenced, In Ground

Fee Information

  • Loss Mitigation Fee?: No
  • Capital Contribution Fee: 400.00

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: REHOBOTH
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: Listing Agent
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: RC
  • Lot Size Acres: 16.82
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 732679.00
  • Year Assessed: 2021
  • Zoning: C-1
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Lease Considered: No
  • Pets: Size/Weight Restriction, Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 7226919
  • School Tax: 563.00
  • Tax Annual Amount: 622.00
  • Assessor Parcel Number: 334-13.00-3.01-411
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 03/21/2022

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2022
Closed on
Mar 25, 2022
Sold by
Chaim Lazar
Bought by
Life Properties Llc
Seller's Agent
Victoria Lawson
Long & Foster Real Estate, Inc.
Buyer's Agent
DEE HENDERSO HAKE
Keller Williams Realty Central-Delaware
List Price
$295,000
Sold Price
$320,000
Premium/Discount to List
$25,000
8.47%
Current Estimated Value
$377,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,547
Avg. Annual Appreciation
4.80%
Original Mortgage
$240,000
Outstanding Balance
$224,835
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$152,712

Purchase Details

Listed on
Feb 10, 2022
Closed on
Mar 21, 2022
Sold by
Karen Larsen
Bought by
Lazar Chaim
Seller's Agent
Victoria Lawson
Long & Foster Real Estate, Inc.
Buyer's Agent
DEE HENDERSO HAKE
Keller Williams Realty Central-Delaware
List Price
$295,000
Sold Price
$320,000
Premium/Discount to List
$25,000
8.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$224,835
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$152,712
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
Life Properties Llc -- Adkins Law Firm
Lazar Chaim $320,000 Adkins Law Firm Pa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lazar Chaim $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2022 03/21/22 Sold $320,000 +8.5% --
02/16/2022 02/16/22 Pending -- -- --
02/10/2022 02/10/22 For Sale $295,000 0.0% --
09/13/2020 09/13/20 Rented $1,200 0.0% --
08/31/2020 08/31/20 Under Contract -- -- --
08/09/2020 08/09/20 For Rent $1,200 -- --
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 $647 $13,200 $0 $13,200
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

  • Victoria Lawson

    Seller's Agent in 2022

    Victoria Lawson

    Long & Foster

    (302) 743-2925

    1 in this area

    150 Total Sales

    Victoria Lawson
    Section Image

  • D

    Buyer's Agent in 2022

    DEE HENDERSO HAKE

    Keller Williams Realty Central-Delaware

    (302) 363-2380

    1 in this area

    26 Total Sales

    DEE HENDERSO HAKE
    Section Image

  • P

    Seller's Agent in 2020

    PATRICIA RATNER

    BHHS PenFed (actual)

    (302) 227-6554

    PATRICIA RATNER
    Section Image

  • M

    Buyer's Agent in 2020

    Mr. Joseph E Gallagher

    Coldwell Banker Premier - Rehoboth

    (302) 227-5000

    Mr. Joseph E Gallagher
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2015982

Bright MLS

APN: 334-13.00-3.01-411

Delaware Sussex County Rehoboth Beach 19971

400 Cascade Ln Unit 411, Rehoboth Beach, DE

This home is located at 400 Cascade Ln Unit 411, Rehoboth Beach, DE 19971 since 10 February 2022 and is currently estimated at $377,547. 400 Cascade Ln Unit 411 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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