$195,000
SOLD MAR 13, 2020

400 Cascade Ln Unit 421 Rehoboth Beach, DE 19971

2 Beds
2 Baths
1,060 Sq Ft
$206/mo HOA Fee

Recently Sold

$184 Per Sq Ft

7% Below List Price

152 Days on Market

Highlights

  • View of Trees or Woods
  • 16.82 Acre Lot
  • Community Pool
  • Rehoboth Elementary School Rated A
  • Wood Flooring
  • Crown Molding

About This Home

As of November 2024

This 2 BD, 2 BA condo is nestled in the cozy neighborhood of Creekwood, adjacent to a wooded area and conveniently located just off Route 1 between Rehoboth and Lewes. Living on the 3rd-floor allows for privacy from the street level and also no footsteps above. Enjoy open-concept living and relaxing days on the screened in deck. Features ample storage with walk-in closets in both bedrooms, a storage area and entryway coat closet, plus new entryway flooring, new hardware and fixtures among other upgrades throughout. Neighborhood features a community pool, and is pet friendly. Just minutes to restaurants and shopping, and only a few miles to both downtown Rehoboth Beach and Lewes. Or take the nature route on the Wolfe Neck Junction & Breakwater Trailhead to enjoy biking and walking.

Last Agent to Sell the Property

Jack Lingo

Jack Lingo - Lewes License #RS-0019081 Listed on: 08/15/2019

Jack Lingo - Lewes

Last Buyer's Agent

Bill Cullin

Long & Foster Real Estate, Inc. License #RS0018675

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $547

Year Built

  • Built in 2002

HOA Fees

  • $206 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Stick Built Home

Interior Spaces

  • 1,060 Sq Ft Home
  • Property has 1 Level
  • Crown Molding
  • Ceiling Fan
  • Views of Woods
  • Crawl Space

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Doors are 32 inches wide or more

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 334-13.00-3.01-421

Community Details

Overview

  • Association fees include common area maintenance, pool(s), snow removal, trash
  • Legum & Norman HOA
  • Creekwood Subdivision
  • Property Manager

Recreation

  • Community Pool

Pet Policy

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$547

Year Built

Built in 2002

Lot Details

0

HOA Fees

$206 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: 32"+ Wide Doors
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2002
  • Remarks Public: This 2 BD, 2 BA condo is nestled in the cozy neighborhood of Creekwood, adjacent to a wooded area and conveniently located just off Route 1 between Rehoboth and Lewes. Living on the 3rd-floor allows for privacy from the street level and also no footsteps above. Enjoy open-concept living and relaxing days on the screened in deck. Features ample storage with walk-in closets in both bedrooms, a storage area and entryway coat closet, plus new entryway flooring, new hardware and fixtures among other upgrades throughout. Neighborhood features a community pool, and is pet friendly. Just minutes to restaurants and shopping, and only a few miles to both downtown Rehoboth Beach and Lewes. Or take the nature route on the Wolfe Neck Junction & Breakwater Trailhead to enjoy biking and walking.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Entry Floor: 3
  • Interior Amenities: Carpet, Ceiling Fan(s), Crown Moldings, Wood Floors
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1060
  • Living Area Sq Ft: 1060
  • Price Per Sq Ft: 198.11
  • Above Grade Finished Sq Ft: 1060
  • 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
  • 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
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 617.00
  • 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 Name: LEGUM & NORMAN
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: RC
  • Lot Size Acres: 16.82
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 732679.00
  • Year Assessed: 2018
  • Zoning: C-1
  • In City Limits: No

Rental Info

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

Tax Info

  • School Tax: 519.00
  • Tax Annual Amount: 547.00
  • Assessor Parcel Number: 334-13.00-3.01-421
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 03/13/2020

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
$374,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,824
Avg. Annual Appreciation
2.78%

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 $186,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $185,250 New Conventional
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 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: DESU146006

Bright MLS

APN: 334-13.00-3.01-421