NOT LISTED FOR SALE

400 Cascade Ln Unit 412 Rehoboth Beach, DE 19971

Estimated Value: $321,362 - $395,000

2 Beds
2 Baths
-- Sq Ft
$209/mo HOA Fee

Last Sold April 30, 2021

Last sale price $256,000

Est. 43% increase in value since last sale

Current estimated payment $2,219/month

8 Days on Market

Highlights

  • Open Floorplan
  • Main Floor Bedroom
  • Community Pool
  • Rehoboth Elementary School Rated A
  • Courtyard Views
  • Breakfast Area or Nook

About This Home

As of April 2021

Welcome to Unit 412 in Creekwood. This second floor 2 bedroom and 2 bathroom condo is conveniently located East of Route 1 and a short drive to downtown Rehoboth Beach or Lewes. This condo features an open concept living and dining area or on the screened in porch. The Master Bedroom features a walk-in closet and spacious master bathroom. The second bedroom also has a walk-in closet and en-suite bathroom that also opens to the front hall. Creekwood has a community pool, sidewalks and street lighting, plenty of places to walk your dog and is located by restaurants, services and shopping. Monthly. tenant in place until March 31st. * Be careful to not let the pet cat out.* Leave a card and close door tightly behind you. According to popular renting websites home could be rented up to $2000/week in the Summer months.

Last Agent to Sell the Property

Ava Cannon

(302) 249-5620 ava@jacklingo.com Jack Lingo - Rehoboth License #RS-0016508 Listed on: 03/19/2021

Jack Lingo - Rehoboth

Co-Listed By

Caitlin Mccarron

(410) 533-8616 caitlin@jacklingo.com Jack Lingo - Rehoboth License #RS-0025283

Last Buyer's Agent

Nitan Soni

(302) 747-3333 nitan@coachatthecoast.com Northrop Realty License #RA-0030967

Northrop Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $620

Lot Details

  • Two or More Common Walls
  • Property is in very good condition

HOA Fees

  • $209 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Carpet
  • Courtyard Views

Kitchen

  • Galley Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Parking

  • Parking Lot
  • Unassigned Parking

Outdoor Features

  • Balcony
  • Screened Patio
  • Porch

Schools

  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-13.00-3.01-412

Community Details

Overview

  • $400 Capital Contribution Fee
  • Association fees include common area maintenance, lawn maintenance, management, reserve funds, trash, snow removal
  • Low-Rise Condominium
  • Creekwood Subdivision
  • Property Manager

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$620

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
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-03-19
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to Unit 412 in Creekwood. This second floor 2 bedroom and 2 bathroom condo is conveniently located East of Route 1 and a short drive to downtown Rehoboth Beach or Lewes. This condo features an open concept living and dining area or on the screened in porch. The Master Bedroom features a walk-in closet and spacious master bathroom. The second bedroom also has a walk-in closet and en-suite bathroom that also opens to the front hall. Creekwood has a community pool, sidewalks and street lighting, plenty of places to walk your dog and is located by restaurants, services and shopping. Monthly. tenant in place until March 31st. * Be careful to not let the pet cat out.* Leave a card and close door tightly behind you. According to popular renting websites home could be rented up to $2000/week in the Summer months.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Cooktop, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater, Freezer
  • Entry Floor: 2
  • Flooring Type: Carpet
  • Interior Amenities: Kitchen - Galley, Breakfast Area, Carpet, Bathroom - Stall Shower, Bathroom - Tub Shower, Walk-In Closet(s), Floor Plan - Open, Family Room Off Kitchen, Entry Level Bedroom, Combination Dining/Living, Ceiling Fan(s)
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Door Features: Sliding Glass
  • Levels Count: 1
  • 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: Stick Built, Vinyl Siding
  • Spa: No
  • View: Courtyard
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Central, Electric
  • Heating Type: Central, 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: 626.07
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Management, Reserve Funds, Trash, Snow Removal
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 400.00

Schools

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

Lot Info

  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Screened, Porch(es), Balcony
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: C-1
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 561.00
  • Tax Annual Amount: 620.00
  • Assessor Parcel Number: 334-13.00-3.01-412
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 04/30/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2021
Closed on
Apr 30, 2021
Sold by
Drialo Constance M
Bought by
Shaw Kelly A and Brennan Julian
Seller's Agent
Ava Cannon
Jack Lingo - Rehoboth
Buyer's Agent
Nitan Soni
Northrop Realty
List Price
$255,000
Sold Price
$256,000
Premium/Discount to List
$1,000
0.39%
Current Estimated Value
$367,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,341
Avg. Annual Appreciation
8.51%
Original Mortgage
$204,800
Outstanding Balance
$185,600
Interest Rate
3.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$181,741

Purchase Details

Closed on
Jul 7, 2003
Bought by
Drialo Constance M
Source: Public Records

Range of Values:

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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
Shaw Kelly A $256,000 None Available
Drialo Constance M $173,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaw Kelly A $204,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2021 04/30/21 Sold $256,000 +0.4% --
03/28/2021 03/28/21 Pending -- -- --
03/19/2021 03/19/21 For Sale $255,000 0.0% --
05/12/2020 05/12/20 Rented $1,100 0.0% --
04/26/2020 04/26/20 For Rent $1,100 -- --
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

  • Ava Cannon

    Seller's Agent in 2021

    Ava Cannon

    Jack Lingo - Rehoboth

    (302) 249-5620

    57 in this area

    107 Total Sales

    Ava Cannon
    Section Image
  • Caitlin Mccarron

    Seller Co-Listing Agent in 2021

    Caitlin Mccarron

    Jack Lingo - Rehoboth

    (410) 533-8616

    39 in this area

    73 Total Sales

    Caitlin Mccarron
    Section Image
  • Nitan Soni

    Buyer's Agent in 2021

    Nitan Soni

    Creig Northrop Team of Long & Foster

    (302) 747-3333

    20 in this area

    210 Total Sales

    Nitan Soni
    Section Image

  • K

    Seller's Agent in 2020

    KAREN MAULL

    Jack Lingo - Rehoboth

    (302) 227-3883

    1 in this area

    3 Total Sales

    KAREN MAULL
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU178838

Bright MLS

APN: 334-13.00-3.01-412

Delaware Sussex County Rehoboth Beach 19971

400 Cascade Ln Unit 412, Rehoboth Beach, DE

This home is located at 400 Cascade Ln Unit 412, Rehoboth Beach, DE 19971 since 19 March 2021 and is currently estimated at $367,341. 400 Cascade Ln Unit 412 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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