NOT LISTED FOR SALE

400 Cascade Ln Unit 419 Rehoboth Beach, DE 19971

Estimated Value: $296,798 - $381,000

2 Beds
2 Baths
1,038 Sq Ft
$226/mo HOA Fee

Last Sold November 22, 2023

Last sale price $355,000 $342 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,187/month

78 Days on Market

Highlights

  • No Units Above
  • Open Floorplan
  • Backs to Trees or Woods
  • Rehoboth Elementary School Rated A
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of November 2023

LOCATION AND CONVENIENCE! East of Rt 1 and just 3 miles to the boardwalk. Just a short walk to shopping, dining, and services. Upgraded finishes include hardwood and tile floors, granite countertops, tile backsplash, newer HVAC, wifi thermostat, keypad entry, updated fixtures, and fresh paint make this the perfect move-in ready weekend getaway, full-time home, or investment property. Split bedroom floor plan provides more privacy since the bedrooms do not share a common wall, and no footsteps above you. Relax on the screened porch and enjoy peaceful tree views, or enjoy a refreshing swim in the community pool. Low condo fee of $226/mo provides building maintenance, insurance, grounds maintenance, community pool, trash/recycling, snow removal. Renter-friendly community too.

Last Agent to Sell the Property

Lee Ann Wilkinson

(302) 278-6726 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064 Listed on: 08/14/2023

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

DEBBIE REED

(302) 227-3818 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229

RE/MAX Realty Group Rehoboth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $661

Year Built

  • Built in 2002

Lot Details

  • No Units Above
  • 1 Common Wall
  • Backs to Trees or Woods
  • Property is in excellent condition

HOA Fees

  • $226 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,038 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Living Room
  • Dining Room
  • Screened Porch
  • Garden Views

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Parking

  • Paved Parking
  • Parking Lot
  • Unassigned Parking

Outdoor Features

  • Screened Patio

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-13.00-3.01-419

Community Details

Overview

  • Association fees include common area maintenance, pool(s), management, trash, road maintenance
  • Low-Rise Condominium
  • Creekwood Subdivision
  • Property Manager

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$661

Year Built

Built in 2002

Lot Details

0

HOA Fees

$226 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
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2002
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 3
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Ceiling Fan(s), Dining Area, Floor Plan - Open, Pantry, Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Primary Bath(s), Wood Floors
  • Fireplace: No
  • Common Walls: 1 Common Wall, No One Above
  • Foundation Details: Slab
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Primary Bathroom, Full Bath, Screened Porch, Additional Bedroom
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1038
  • Living Area Sq Ft: 1038
  • Price Per Sq Ft: 356.36
  • Above Grade Finished Sq Ft: 1038
  • 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
  • View: Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned, Paved Parking
  • 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(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: 226.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Management, Trash, Road Maintenance
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Land Use Code: 999
  • Lot Features: Backs To Trees
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Screened, Porch(es)
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: C-1
  • In City Limits: No

Rental Info

  • Pets: Cats Ok, Dogs Ok, Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • School Tax: 599.00
  • Tax Annual Amount: 661.00
  • Assessor Parcel Number: 334-13.00-3.01-419
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 11/22/2023

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2023
Closed on
Nov 17, 2023
Sold by
Realejo Laureano and Bonaduce Jason M
Bought by
Handzus Ravyn Potts
Seller's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
List Price
$399,900
Sold Price
$355,000
Premium/Discount to List
-$44,900
-11.23%
Views
692
Current Estimated Value
$358,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,450
Avg. Annual Appreciation
0.52%

Purchase Details

Listed on
Aug 31, 2017
Closed on
Oct 18, 2017
Sold by
Frentsos Jerome A and Frentsos Rachel
Bought by
Cerminaro Tracey
Seller's Agent
Mike Kogler Team
Long & Foster Real Estate, Inc.
Buyer's Agent
Michael Dominguez
Jack Lingo - Lewes
List Price
$195,000
Sold Price
$184,000
Premium/Discount to List
-$11,000
-5.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.39%

Purchase Details

Closed on
Jan 23, 2015
Sold by
Frentsos Jerome A and Frentsos Rachel
Bought by
Frentsos Jerome A and Frentsos Rachel
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Handzus Ravyn Potts $355,000 None Listed On Document
Cerminaro Tracey $184,000 --
Frentsos Jerome A -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2023 11/22/23 Sold $355,000 -4.0% $342 / Sq Ft
10/31/2023 10/31/23 Pending -- -- --
10/17/2023 10/17/23 Price Changed $369,900 -1.3% $356 / Sq Ft
09/15/2023 09/15/23 Price Changed $374,900 -1.3% $361 / Sq Ft
09/05/2023 09/05/23 Price Changed $379,900 -5.0% $366 / Sq Ft
08/14/2023 08/14/23 For Sale $399,900 +73.9% $385 / Sq Ft
10/30/2020 10/30/20 Sold $230,000 0.0% $230 / Sq Ft View Prior Sale
09/22/2020 09/22/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $230,000 +25.0% $230 / Sq Ft
10/20/2017 10/20/17 Sold $184,000 -5.6% $184 / Sq Ft View Prior Sale
09/19/2017 09/19/17 Pending -- -- --
08/31/2017 08/31/17 For Sale $195,000 -- $195 / Sq Ft
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 $621 $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

  • Lee Ann Wilkinson

    Seller's Agent in 2023

    Lee Ann Wilkinson

    BHHS PenFed (actual)

    (302) 278-6726

    221 in this area

    1,877 Total Sales

    Lee Ann Wilkinson
    Section Image
  • DEBBIE REED

    Buyer's Agent in 2023

    DEBBIE REED

    RE/MAX

    (302) 227-3818

    267 in this area

    827 Total Sales

    DEBBIE REED
    Section Image
  • AMY WARICK

    Buyer Co-Listing Agent in 2023

    AMY WARICK

    RE/MAX

    (302) 258-5442

    42 in this area

    91 Total Sales

    AMY WARICK
    Section Image
  • Andrew Bryan

    Buyer's Agent in 2020

    Andrew Bryan

    Bryan Realty Group

    (302) 242-4328

    16 in this area

    234 Total Sales

    Andrew Bryan
    Section Image
  • Mike Kogler Team

    Seller's Agent in 2017

    Mike Kogler Team

    Long & Foster

    (302) 227-2541

    37 in this area

    96 Total Sales

    Mike Kogler Team
    Section Image

  • C

    Seller Co-Listing Agent in 2017

    Candy Williams

    Long & Foster

    (410) 991-0999

    8 in this area

    42 Total Sales

    Candy Williams
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2046090

Bright MLS

APN: 334-13.00-3.01-419

Delaware Sussex County Rehoboth Beach 19971

400 Cascade Ln Unit 419, Rehoboth Beach, DE

This home is located at 400 Cascade Ln Unit 419, Rehoboth Beach, DE 19971 since 14 August 2023 and is currently estimated at $358,450, approximately $345 per square foot. This property was built in 2002. 400 Cascade Ln Unit 419 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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