$324,551
SOLD SEP 9, 2022

500 Cascade Ln Unit 501 Rehoboth Beach, DE 19971

2 Beds
2 Baths
1,145 Sq Ft
$215/mo HOA Fee

Recently Sold

$283 Per Sq Ft

1 Day on Market

Highlights

  • Community Pool
  • Living Room
  • Central Air
  • Rehoboth Elementary School Rated A
  • Entrance Foyer
  • Dining Room

About This Home

As of February 2024

INVESTOR ALERT!!! This community allows short-term rentals. This could be yours. 2 Bedroom, 2 bathroom ground unit in Beach community. This unit boasts 9' ceilings, primary bedroom with walk-in closet and en suite featuring double sinks. Second bedroom has walk-in closet and an adjacent bathroom. There is a screened in porch with serene wooded views perfect for morning coffee or a quiet evening. The galley kitchen adjoins the dining room with a view into the living room. This unit also has a full laundry room with additional storage. Residents can enjoy the lighted walk ways for an evening stroll to the community pool. Creekwood residents have access to public transportation at the entrance to the community. A short drive to Rehoboth Beach, Dewey Beach, Lewes, and the Cape May Lewes Ferry. This unit will not last long. Schedule your tour today!

Last Agent to Sell the Property

George Ehrmann

Coldwell Banker Premier - Milford Listed on: 08/10/2022

Coldwell Banker Premier - Milford

Last Buyer's Agent

Tyson Mayers

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $586

Year Built

  • Built in 2002

HOA Fees

  • $215 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,145 Sq Ft Home
  • Property has 1 Level
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-13.00-3.01-501

Community Details

Overview

  • $400 Capital Contribution Fee
  • Association fees include lawn maintenance, pool(s), snow removal, common area maintenance, trash
  • Low-Rise Condominium
  • Creekwood Subdivision

Amenities

  • Common Area

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

$215 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
  • Exclusions: Personal Property
  • Inclusions: Range, Refrigerator with ice maker, Dishwasher, Disposal, Microwave, Washer, Dryer, ceiling fans
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-08-12
  • Federal Flood Zone: No
  • Year Built: 2002
  • Automatically Close On Close Date: No
  • Remarks Public: INVESTOR ALERT!!! This community allows short-term rentals. This could be yours. 2 Bedroom, 2 bathroom ground unit in Beach community. This unit boasts 9' ceilings, primary bedroom with walk-in closet and en suite featuring double sinks. Second bedroom has walk-in closet and an adjacent bathroom. There is a screened in porch with serene wooded views perfect for morning coffee or a quiet evening. The galley kitchen adjoins the dining room with a view into the living room. This unit also has a full laundry room with additional storage. Residents can enjoy the lighted walk ways for an evening stroll to the community pool. Creekwood residents have access to public transportation at the entrance to the community. A short drive to Rehoboth Beach, Dewey Beach, Lewes, and the Cape May Lewes Ferry. This unit will not last long. Schedule your tour today!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Foyer, Bedroom 1
  • Basement: No
  • Total Sq Ft: 1145
  • Living Area Sq Ft: 1145
  • Price Per Sq Ft: 283.84
  • Above Grade Finished Sq Ft: 1145
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 500

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: Concrete, Vinyl Siding
  • 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
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Unknown
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 644.85
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Common Grounds, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Pool(s), Snow Removal, Common Area Maintenance, Trash
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 400.00

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2021
  • Zoning: C-1
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 7226933
  • School Tax: 531.00
  • Tax Annual Amount: 586.00
  • Assessor Parcel Number: 334-13.00-3.01-501
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 09/09/2022

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2024
Closed on
Feb 21, 2024
Sold by
Khushi One Llc
Bought by
Blideran Florin and Bora Margareta Adina
Seller's Agent
Rutica Patel
Keller Williams Realty Central-Delaware
Buyer's Agent
Rutica Patel
Keller Williams Realty Central-Delaware
List Price
$375,551
Sold Price
$375,551
Views
94
Current Estimated Value
$371,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,625
Avg. Annual Appreciation
1.90%
Original Mortgage
$319,218
Outstanding Balance
$315,415
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$69,729

Purchase Details

Closed on
Feb 24, 2022
Sold by
Angolia Carl F and Angolia Anna Marie
Bought by
Angolia Carl F

Purchase Details

Closed on
Mar 28, 2003
Bought by
Angolia Carl F Jr Anna Marie Angoli
Source: Public Records

Similar Homes in Rehoboth Beach, DE

  • 100 Cascade Ln Unit 101, Rehoboth Beach, DE 19971

    $395,000

    • 2 Beds
    • 2 Baths
    • 940 Sq Ft
    • 100 Cascade Ln
    • Unit 101
    • Rehoboth Beach, DE

    Rehoboth Beach 2-bedroom, 2-bathroom condo situated on the first floor for easy access. Its rear corner location ensures privacy, featuring a serene wooded backdrop. The unit is freshly painted and boasts new LVP flooring throughout, updated stainless steel appliances, shutter window treatments, and a storm door. The open floor plan includes a living room and dining area that flows into a

    DEBBIE REED RE/MAX Realty Group Rehoboth

    Section Image
  • 500 Cascade Ln Unit 519, Rehoboth Beach, DE 19971

    $379,900

    • 2 Beds
    • 2 Baths
    • 1,050 Sq Ft
    • 500 Cascade Ln
    • Unit 519
    • Rehoboth Beach, DE

    Top Floor Turn-key Furnished Two Bedroom Two Bath Condo. Maintenance free living near the beach. This custom painted home features LVP floors and Berber carpet and tiled baths. Three ceiling fans keep you cool and comfortable. The screened in balcony features its own storage closet and wooded views. This home has been custom painted and features custom wall treatments in both bedrooms. Both

    Mitch Selbiger Monument Sotheby's International Realty

    Section Image
  • 500 Cascade Ln Unit 522, Rehoboth Beach, DE 19971

    $359,900

    • 2 Beds
    • 2 Baths
    • 1,038 Sq Ft
    • 500 Cascade Ln
    • Unit 522
    • Rehoboth Beach, DE

    Well priced 3rd floor furnished condo nestled in the peaceful community of Creekwood with easy access to shopping, dining, Cape Henlopen State Park, the boardwalk, Wolfe Neck Breakwater Trail and more. This well maintained 2BR, 2BA home features bamboo flooring with a bright and open living area. The large primary bedroom includes a walk-in closet and bath en-suite. Updates include a new roof,

    TIFFINI ANDERSON Jack Lingo - Rehoboth

    Section Image
  • 100 Cascade Ln Unit 124, Rehoboth Beach, DE 19971

    $387,500

    • 2 Beds
    • 2 Baths
    • 1,038 Sq Ft
    • 100 Cascade Ln
    • Unit 124
    • Rehoboth Beach, DE

    Affordable beach living nestled in quiet community with secluded location just off route1! Talk about location...conveniently located to all Delaware beaches with easy access to outlet shopping and eateries. FULLY FURNISHED penthouse is fabulous for a private lifestyle while enjoying the water view from your screened balcony. Storage closet on patio for easy access of those summer toys. This well

    Nancy Price Coldwell Banker Premier - Seaford

    Section Image
  • 1400 Pebble Dr Unit 1424, Rehoboth Beach, DE 19971

    $359,400

    • 2 Beds
    • 2 Baths
    • 1,038 Sq Ft
    • 1400 Pebble Dr
    • Unit 1424
    • Rehoboth Beach, DE

    Seller offering a $5,000 CREDIT towards buyer’s closing costs for this well maintained 2-bedroom, 2-bathroom condo is located on the east side of Coastal Highway in sought-after Rehoboth Beach. Situated on the 3rd floor, it offers privacy and a covered balcony perfect for morning coffee or evening cocktails.Just 3.5 miles from the iconic Rehoboth Beach boardwalk, and minutes to the Tanger

    LUZ ESCOBAR Berkshire Hathaway HomeServices PenFed Realty

    Section Image
  • 200 Pebble Dr Unit 224, Rehoboth Beach, DE 19971

    $345,000

    • 2 Beds
    • 2 Baths
    • 1,038 Sq Ft
    • 200 Pebble Dr
    • Unit 224
    • Rehoboth Beach, DE

    Relax and unwind on your private screened porch, where tranquil water views and the soothing sounds of a sparkling fountain create the perfect coastal escape. This impeccably maintained third-floor condo offers an open, airy layout filled with natural light—and with no neighbors above you, you'll enjoy an added sense of peace and privacy. The bright, cheerful kitchen flows effortlessly into the

    Henry Jaffe Monument Sotheby's International Realty

    Section Image
  • 35948 Haven Dr Unit 201, Rehoboth Beach, DE 19971

    $359,000

    • 2 Beds
    • 2 Baths
    • 858 Sq Ft
    • 35948 Haven Dr
    • Unit 201
    • Rehoboth Beach, DE

    Easy living at the beach! This 2-bedroom, 2-bath condo in the Beachaven community is bright, fresh, and move-in ready. Located on the second floor, it features newer appliances, brand new flooring throughout, and a furnace that’s just 4 years old. Fresh paint gives it a clean, coastal feel. Just 3 miles to the Rehoboth Beach Boardwalk and within walking distance to shops, restaurants, and

    LUZ ESCOBAR Berkshire Hathaway HomeServices PenFed Realty

    Section Image
  • 18936 Shore Pointe Ct Unit 2801, Rehoboth Beach, DE 19971

    $389,000

    • 2 Beds
    • 2 Baths
    • 18936 Shore Pointe Ct
    • Unit 2801
    • Rehoboth Beach, DE

    The Woods Cove community is difficult to top for location, ease of living and convenience to all Lewes and Rehoboth Beach offer. This lovely end-unit 1st floor, 2-bedroom, 2-bathroom condo backs to a private wooded area AND has an attached 2-car garage! All of this in one beautifully maintained condo with a brand-new HVAC system. The open kitchen offers plenty of counter space and storage

    Robert Kimbles Jack Lingo - Lewes

    Section Image
  • 18880 Forgotten Harbor Ct Unit 402F, Rehoboth Beach, DE 19971

    $344,900

    • 2 Beds
    • 2 Baths
    • 1,159 Sq Ft
    • 18880 Forgotten Harbor Ct
    • Unit 402F
    • Rehoboth Beach, DE

    Ideally located between the vibrant coastal towns of Lewes and Rehoboth Beach, this beautifully maintained condominium in the desirable Woods Cove community offers a stylish and low-maintenance lifestyle near everything the Delaware beaches have to offer. Inside, you'll find modern plank flooring throughout the main living space, creating a warm and cohesive flow from room to room.The

    William Rash Northrop Realty

    Section Image
See All Homes in Rehoboth Beach

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $375,551 None Listed On Document
Special Warranty Deed -- --
Deed $194,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $319,218 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2024 02/22/24 Sold $375,551 0.0% $328 / Sq Ft
01/24/2024 01/24/24 Pending -- -- --
01/05/2024 01/05/24 For Sale $375,551 +15.7% $328 / Sq Ft
09/09/2022 09/09/22 Sold $324,551 -0.1% $283 / Sq Ft
08/12/2022 08/12/22 Pending -- -- --
08/10/2022 08/10/22 For Sale $325,000 -- $284 / 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

  • Rutica Patel

    Seller's Agent in 2024

    Rutica Patel

    Keller Williams Realty Central-Delaware

    (252) 623-8806

    3 in this area

    21 Total Sales

    Rutica Patel
    Section Image
  • George Ehrmann

    Seller's Agent in 2022

    George Ehrmann

    Coldwell Banker Premier - Milford

    (302) 344-4108

    1 in this area

    46 Total Sales

    George Ehrmann
    Section Image
  • Tyson Mayers

    Buyer's Agent in 2022

    Tyson Mayers

    Keller Williams Realty

    (302) 542-3967

    40 in this area

    85 Total Sales

    Tyson Mayers
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2027110

Bright MLS

APN: 334-13.00-3.01-501

Delaware Sussex County Rehoboth Beach 19971

500 Cascade Ln Unit 501, Rehoboth Beach, DE

This home is located at 500 Cascade Ln Unit 501, Rehoboth Beach, DE 19971 and is currently priced at $324,551, approximately $283 per square foot. This property was built in 2002. 500 Cascade Ln Unit 501 is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes