400 Cascade Ln Unit 421 Rehoboth Beach, DE 19971
2
Beds
2
Baths
1,050
Sq Ft
$323/mo
HOA Fee
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 2024Just 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!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $648
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
- 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
- Air Source Heat Pump
- 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
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%
Total Days on Market
17
Views
36
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,255
Avg. Annual Appreciation
4.06%
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
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Dec 18, 2002
Bought by
Steele Spencer G
Map
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Similar Homes in Rehoboth Beach, DE
Home Values in the Area
Average Home Value in this Area
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 | $186,500 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $185,250 | Stand Alone Refi Refinance Of Original Loan |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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
| 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
Source: Bright MLS
MLS Number: DESU2071242
APN: 334-13.00-3.01-421
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