Seller's Agent in 2024
Denny Horner
The Parker Group
(703) 629-8455
1 in this area
136 Total Sales
500 Cascade Ln Unit 507 Rehoboth Beach, DE 19971
Estimated Value: $366,000 - $391,000
2
Beds
2
Baths
990
Sq Ft
$323/mo
HOA Fee
Highlights
- View of Trees or Woods
- Contemporary Architecture
- Furnished
- Rehoboth Elementary School Rated A
- 1 Fireplace
- Community Pool
About This Home
As of October 2024Welcome to this beautifully maintained 2-bedroom, 2-bathroom condo, ideally located just minutes from both Lewes and Rehoboth Beach. Enjoy the perfect blend of coastal living and serene wooded surroundings in this open-concept floor plan, perfect for relaxation and entertaining.
Step inside to discover a spacious living area that seamlessly flows into the dining space and modern kitchen. Large windows throughout invite natural light, while offering peaceful views of the surrounding woods.
Both bedrooms are generously sized, with the primary bedroom featuring an en-suite bathroom and walk-in closet. The second bedroom is perfect for guests or as a home office, with a nearby full bathroom for convenience and another large closet.
This condo’s prime location offers easy access to shopping, dining, and entertainment in both Lewes and Rehoboth, while also providing a tranquil retreat from the hustle and bustle. Enjoy proximity to local beaches, nature trails, and parks.
Additional features include a private, screened-in porch with a wooded view, in-unit laundry, and community pool. This condo is perfect for those seeking a convenient, low-maintenance lifestyle near the beach!
Last Agent to Sell the Property
(703) 629-8455 denny@dltrealtors.com The Parker Group Listed on: 09/11/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $685
Year Built
- Built in 2003
Lot Details
- 1 Common Wall
- Cleared Lot
- Property is in very good condition
HOA Fees
- $323 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Entry on the 1st floor
- Architectural Shingle Roof
- Vinyl Siding
- Stick Built Home
Interior Spaces
- 990 Sq Ft Home
- Property has 1 Level
- Furnished
- 1 Fireplace
- Luxury Vinyl Plank Tile Flooring
- Views of Woods
Kitchen
- Stove
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
- Paved Parking
- Parking Lot
- Surface Parking
- Unassigned Parking
Outdoor Features
- Screened Patio
- Porch
Utilities
- Central Air
- Heat Pump System
- Metered Propane
- Propane Water Heater
Listing and Financial Details
- Assessor Parcel Number 334-13.00-3.01-507
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, pool(s), trash
- Low-Rise Condominium
- Creekwood Condos
- Creekwood Subdivision
- Property Manager
Recreation
- Community Pool
Pet Policy
- Pets allowed on a case-by-case basis
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 11, 2024
Closed on
Oct 25, 2024
Sold by
Billig John Philip and Lee Eu Han
Bought by
Roush Bradley and Roush Thuba
Seller's Agent
Denny Horner
The Parker Group
Buyer's Agent
Fil Rauso
Coldwell Banker Realty
List Price
$385,000
Sold Price
$375,000
Premium/Discount to List
-$10,000
-2.6%
Views
18
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
$3,382
Avg. Annual Appreciation
0.80%
Original Mortgage
$300,000
Outstanding Balance
$297,058
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$81,324
Purchase Details
Listed on
Jan 26, 2023
Closed on
Mar 10, 2023
Sold by
Killian Courtney J
Bought by
Billig John Philip and Lee Eu Han
Seller's Agent
Terry Lozada
Coldwell Banker Realty
Buyer's Agent
Mitch Selbiger
Monument Sotheby's International Realty
List Price
$375,000
Sold Price
$375,000
Views
70
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$225,000
Interest Rate
6.13%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 17, 2020
Closed on
Nov 17, 2020
Sold by
Yonushka Lynn A
Bought by
Killian Courtney J
Seller's Agent
Carla Campbell
Monument Sotheby's International Realty
Buyer's Agent
Dustin Oldfather
Compass
List Price
$225,000
Sold Price
$225,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.75%
Original Mortgage
$180,000
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Feb 8, 2011
Bought by
Ann Marie Galli and Ann Yonushka Lynn
Purchase Details
Closed on
Jan 28, 2011
Bought by
Ann Marie Galli and Ann Yonushka Lynn
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Roush Bradley | $375,000 | None Listed On Document | |
| Billig John Philip | $375,000 | -- | |
| Killian Courtney J | $225,000 | None Available | |
| Ann Marie Galli | $180,000 | -- | |
| Ann Marie Galli | $180,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Roush Bradley | $300,000 | |
| Previous Owner | Billig John Philip | $225,000 | |
| Previous Owner | Killian Courtney J | $180,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/25/2024 10/25/24 | Sold | $375,000 | -2.6% | $379 / Sq Ft | |
| 09/11/2024 09/11/24 | For Sale | $385,000 | +2.7% | $389 / Sq Ft | |
| 03/10/2023 03/10/23 | Sold | $375,000 | 0.0% | $329 / Sq Ft | View Prior Sale |
| 01/30/2023 01/30/23 | Pending | -- | -- | -- | |
| 01/26/2023 01/26/23 | For Sale | $375,000 | +66.7% | $329 / Sq Ft | |
| 11/17/2020 11/17/20 | Sold | $225,000 | 0.0% | $197 / Sq Ft | View Prior Sale |
| 08/17/2020 08/17/20 | For Sale | $225,000 | -- | $197 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $687 | $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 | $654 | $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
-
Denny Horner
-
Fil Rauso
Buyer's Agent in 2024
Fil Rauso
Coldwell Banker Realty
(484) 800-5537
6 in this area
48 Total Sales
-
Terry Lozada
Seller's Agent in 2023
Terry Lozada
Coldwell Banker Realty
(203) 247-8679
1 in this area
38 Total Sales
-
Mitch Selbiger
Buyer's Agent in 2023
Mitch Selbiger
OCEAN ATLANTIC SOTHEBYS
(410) 274-3479
35 in this area
58 Total Sales
-
Carla Campbell
Seller's Agent in 2020
Carla Campbell
OCEAN ATLANTIC SOTHEBYS
(302) 542-5534
22 in this area
54 Total Sales
-
Dustin Oldfather
Buyer's Agent in 2020
Dustin Oldfather
Compass
(302) 249-5899
92 in this area
1,471 Total Sales
Map
Source: Bright MLS
MLS Number: DESU2070408
APN: 334-13.00-3.01-507
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