NOT LISTED FOR SALE

400 Cascade Ln Unit 413 Rehoboth Beach, DE 19971

Estimated Value: $308,000 - $396,000

2 Beds
2 Baths
-- Sq Ft
$232/mo HOA Fee

Last Sold August 19, 2022

Last sale price $326,000

Est. 8% increase in value since last sale

Current estimated payment $2,241/month

Highlights

  • Open Floorplan
  • Community Pool
  • Central Air
  • Rehoboth Elementary School Rated A
  • Balcony
  • Combination Dining and Living Room

About This Home

As of August 2022

Your Beach House is Ready! 2 bedroom 2 bath in the desirable Creekwood Community, move in now for year round living, or make this your resort home or an investment property: this is the perfect unit!
Brand new waterproof laminate flooring throughout and freshly painted. Water heater replaced in 2022. Screened balcony offer views of mature trees and woodland setting. Well maintained grounds, easy walk to pool. Storage closet on balcony and bike racks throughout community. Walk-in shower and new toilet in primary bathroom as well as lighted walk-in closets in both bedrooms. Minutes from everything Rehoboth Beach has to offer as well as Lewes and surrounding parks. Don't wait to come see this one as it has everything needed for a resort condominium. Listed in AS-IS condition, and ready to go!

Last Agent to Sell the Property

Tyler Lynn Pollon

Coldwell Banker Realty Listed on: 07/15/2022

Coldwell Banker Realty

Last Buyer's Agent

LUZ ESCOBAR

Berkshire Hathaway HomeServices PenFed Realty License #RS-0023485

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $586

Year Built

  • Built in 2002

HOA Fees

  • $232 Monthly HOA Fees

Home Design

  • Vinyl Siding

Interior Spaces

  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Combination Dining and Living Room

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Parking

  • Private Parking
  • Parking Lot

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Electric Water Heater
  • Public Septic
  • Phone Available
  • Cable TV Available

Additional Features

  • Balcony
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 334-13.00-3.01-413

Community Details

Overview

  • Association fees include all ground fee, trash, common area maintenance, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, snow removal
  • Creekwood Condominium Association Of Owners HOA
  • Low-Rise Condominium
  • Creekwood Subdivision
  • Property Manager

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$586

Year Built

Built in 2002

Lot Details

0

HOA Fees

$232 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
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-07-15
  • Federal Flood Zone: No
  • Year Built: 2002
  • Automatically Close On Close Date: Yes
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Refrigerator, Stove
  • Entry Floor: 2
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Floor Plan - Open, Primary Bath(s)
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer 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: Vinyl Siding, Concrete
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic
  • Utilities: Phone Available, Cable Tv Available
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • HOA Fees: 696.06
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Trash, Common Area Maintenance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Snow Removal
  • HOA Name: CREEKWOOD CONDOMINIUM ASSOCIATION OF OWNERS
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Fenced, In Ground

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: C-1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 531.00
  • Tax Annual Amount: 586.00
  • Assessor Parcel Number: 334-13.00-3.01-413
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 08/19/2022

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2022
Closed on
Aug 23, 2022
Sold by
Pollon Donna L
Bought by
Herska Richard J
Seller's Agent
Tyler Lynn Pollon
Coldwell Banker Realty
Buyer's Agent
LUZ ESCOBAR
Berkshire Hathaway HomeServices PenFed Realty
List Price
$315,000
Sold Price
$326,000
Premium/Discount to List
$11,000
3.49%
Total Days on Market
0
Current Estimated Value
$352,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,281
Avg. Annual Appreciation
2.74%
Original Mortgage
$244,000
Outstanding Balance
$234,525
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$117,756

Purchase Details

Closed on
Jan 10, 2003
Bought by
Pollon Donna L
Source: Public Records

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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
Herska Richard J $326,000 Bonnie M Benson Pa
Pollon Donna L $169,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herska Richard J $244,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2022 08/19/22 Sold $326,000 +3.5% --
07/16/2022 07/16/22 Pending -- -- --
07/15/2022 07/15/22 For Sale $315,000 -- --
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 $648 $12,450 $0 $12,450
2023 $648 $12,450 $0 $12,450
2022 $625 $12,450 $0 $12,450
2021 $619 $12,450 $0 $12,450
2020 $617 $12,450 $0 $12,450
2019 $618 $12,450 $0 $12,450
2018 $577 $13,150 $0 $0
2017 $553 $13,150 $0 $0
2016 $525 $13,150 $0 $0
2015 $502 $13,150 $0 $0
2014 $498 $13,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2022958

Bright MLS

APN: 334-13.00-3.01-413