$355,000
SOLD NOV 4, 2024

400 Cascade Ln Unit 421 Rehoboth Beach, DE 19971

2 Beds
2 Baths
1,050 Sq Ft
$323/mo HOA Fee

Recently Sold

$338 Per Sq Ft

4% Below List Price

17 Days on Market

Highlights

  • View of Trees or Woods
  • Backs to Trees or Woods
  • Ceiling height of 9 feet or more
  • Rehoboth Elementary School Rated A
  • Wood Flooring
  • Community Pool

About This Home

As of November 2024

Just Listed, an affordable Rehoboth Beach condo that has great rental potential with no community rental restrictions, an HVAC system that was replaced in 2022, and is conveniently located East of Route 1 Coastal Highway and is walking distance to the bus stop, restaurants, shopping, grocery store, fast food, and a short drive to downtown Rehoboth Beach, Lewes and Cape Henlopen State Park. This third floor 2-bedroom and 2-bathroom condo is located on the top floor with no noisy upstairs neighbors to worry about and features luxury vinyl plank floors, an open concept living and dining area, a primary bedroom that features a walk-in closet and bath en-suite. The second bedroom also has a walk-in closet and bath en-suite that also opens to the front hall for easy use from the living room, dining room and galley kitchen. There is also a private screened balcony facing the woods with a storage closet. The community of Creekwood has an inground pool, sidewalks, street lighting, with plenty of places to walk your dog! Call for an appointment today!

Last Agent to Sell the Property

Bill Cullin

(302) 841-7147 bill.cullin@longandfoster.com Long & Foster Real Estate, Inc. License #RS0018675 Listed on: 09/24/2024

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Carla Campbell

(302) 542-5534 carla@beachteam.com Monument Sotheby's International Realty License #RA-0003577

Monument Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $647

Year Built

  • Built in 2002

Lot Details

  • Two or More Common Walls
  • Landscaped
  • Backs to Trees or Woods

HOA Fees

  • $323 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Shingle Roof
  • Asphalt Roof
  • Stick Built Home

Interior Spaces

  • 1,050 Sq Ft Home
  • Property has 1 Level
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Insulated Doors
  • Six Panel Doors
  • Living Room
  • Dining Room
  • Views of Woods
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Built-In Microwave

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Front Loading Dryer
  • Front Loading Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Lighted Parking
  • Parking Lot

Accessible Home Design

  • Doors are 32 inches wide or more

Outdoor Features

  • Balcony
  • Screened Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 334-13.00-3.01-421

Community Details

Overview

  • $1,200 Capital Contribution Fee
  • Association fees include common area maintenance, pool(s), snow removal, trash
  • Low-Rise Condominium
  • Creekwood Subdivision
  • Property Manager

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$647

Year Built

Built in 2002

Lot Details

0

HOA Fees

$323 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
  • Accessibility Features: 32"+ Wide Doors
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2002
  • Automatically Close On Close Date: No
  • Remarks Public: Just Listed, an affordable Rehoboth Beach condo that has great rental potential with no community rental restrictions, an HVAC system that was replaced in 2022, and is conveniently located East of Route 1 Coastal Highway and is walking distance to the bus stop, restaurants, shopping, grocery store, fast food, and a short drive to downtown Rehoboth Beach, Lewes and Cape Henlopen State Park. This third floor 2-bedroom and 2-bathroom condo is located on the top floor with no noisy upstairs neighbors to worry about and features luxury vinyl plank floors, an open concept living and dining area, a primary bedroom that features a walk-in closet and bath en-suite. The second bedroom also has a walk-in closet and bath en-suite that also opens to the front hall for easy use from the living room, dining room and galley kitchen. There is also a private screened balcony facing the woods with a storage closet. The community of Creekwood has an inground pool, sidewalks, street lighting, with plenty of places to walk your dog! Call for an appointment today!
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Oven/Range - Electric, Refrigerator, Washer - Front Loading, Dryer - Front Loading
  • Entry Floor: 3
  • Flooring Type: Luxury Vinyl Plank, Ceramic Tile, Vinyl
  • Interior Amenities: Carpet, Ceiling Fan(s), Crown Moldings, Wood Floors
  • Window Features: Double Pane
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Door Features: Six Panel, Insulated
  • Wall Ceiling Types: 9'+ Ceilings, High, Dry Wall
  • Foundation Details: Crawl Space
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room Count: 7
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bathroom 2, Primary Bathroom
  • Basement: No
  • Laundry Type: Has Laundry, Main Floor
  • Total Sq Ft: 1050
  • Living Area Sq Ft: 1050
  • Price Per Sq Ft: 352.38
  • Above Grade Finished Sq Ft: 1050
  • 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
  • Exterior Features: Sidewalks
  • Road Surface Type: Black Top
  • Roof: Asphalt, Shingle
  • Spa: No
  • 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: General Common Elements, Asphalt Driveway, Lighted Parking
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Internet Services: Cable, Broadband

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 968.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Snow Removal, Trash
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

Fee Information

  • Capital Contribution Fee: 1200.00

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Features: Backs To Trees, Landscaping
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Screened, Balcony
  • Zoning: C-1
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Pets: Dogs Ok, Cats Ok, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 334-13.00-3.01-421
  • Close Date: 11/04/2024

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2024
Closed on
Nov 4, 2024
Sold by
Grob Daniel John and Griffin Christine Lee
Bought by
Sharpe David and Sharpe Carolyn
Seller's Agent
Bill Cullin
Long & Foster Real Estate, Inc.
Buyer's Agent
Carla Campbell
Monument Sotheby's International Realty
List Price
$370,000
Sold Price
$355,000
Premium/Discount to List
-$15,000
-4.05%
Views
36
Current Estimated Value
$385,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,968
Avg. Annual Appreciation
8.91%

Purchase Details

Listed on
Aug 15, 2019
Closed on
Mar 10, 2020
Sold by
Steele Spencer G
Bought by
Griffin Christine L and Grob Daniel J
Seller's Agent
Jack Lingo
Jack Lingo - Lewes
Buyer's Agent
Bill Cullin
Long & Foster Real Estate, Inc.
List Price
$210,000
Sold Price
$195,000
Premium/Discount to List
-$15,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.75%
Original Mortgage
$185,250
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2002
Bought by
Steele Spencer G
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed $355,000 None Listed On Document
Deed $355,000 None Listed On Document
Deed $195,000 None Available
Deed $169,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $185,250 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/04/2024 11/04/24 Sold $355,000 -4.1% $338 / Sq Ft
10/11/2024 10/11/24 Pending -- -- --
09/24/2024 09/24/24 For Sale $370,000 +89.7% $352 / Sq Ft
03/13/2020 03/13/20 Sold $195,000 -7.1% $184 / Sq Ft View Prior Sale
01/14/2020 01/14/20 Pending -- -- --
08/15/2019 08/15/19 For Sale $210,000 -- $198 / 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 $12,450 $0 $12,450
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: DESU2071242

Bright MLS

APN: 334-13.00-3.01-421