500 Cascade Ln Unit 507 Rehoboth Beach, DE 19971
2
Beds
2
Baths
1,140
Sq Ft
$230/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 2024Enjoy the beach lifestyle this summer! The community of Creekwood is ideally located east of Coastal Hwy and is just minutes to the local area attractions in Lewes and Rehoboth Beach.
This meticulously cared for furnished first floor corner unit features a cozy fireplace in the spacious living area, an inside laundry room with full-size appliances, and a private screened porch (with storage closet) overlooking a quiet wooded area. The dining room is adjacent to the galley kitchen, with a large pantry in the hallway nearby for additional storage needs. Both bedrooms have walk-in closets with built-in organizers and the primary bedroom boasts an en-suite bathroom with a double sink. For business purposes, a desk area in the main bedroom affords owners or their guests a quiet space.
Upgrades include LVP flooring & paint throughout, full-size washer & dryer, a gas range, elongated comfort-height toilets and a robust hot water heater. All of these highly desirable amenities have been added within the last two years.
Also, whether you are near or far from the Rehoboth Beach area, you will enjoy taking advantage of upgrades such as two keyless entry key pads (controlling front door and owner’s closet door) and a Nest thermostat, all of which can be controlled on-site or remotely from your cell phone.
A community pool, sidewalks, bike racks, street lighting, plenty of places to walk your dog, and access to hiking and biking trails all contribute to the beach lifestyle you will enjoy at Creekwood.
Last Agent to Sell the Property
Coldwell Banker Realty License #RS-0025179 Listed on: 01/26/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $685
Year Built
- Built in 2003 | Remodeled in 2020
Lot Details
- Cleared Lot
- Property is in excellent condition
HOA Fees
- $230 Monthly HOA Fees
Parking
- Parking Lot
Home Design
- Contemporary Architecture
- Architectural Shingle Roof
- Vinyl Siding
- Stick Built Home
Interior Spaces
- 1,140 Sq Ft Home
- Property has 1 Level
- Furnished
- 1 Fireplace
- Luxury Vinyl Plank Tile Flooring
- Views of Woods
- Crawl Space
Kitchen
- Stove
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Home Security
Outdoor Features
- Screened Patio
Utilities
- Central Air
- Heat Pump System
- Electric 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
- Premier Properties Condos
- Creekwood Subdivision
- Property Manager
Recreation
- Community Pool
Pet Policy
- Pets allowed on a case-by-case basis
Security
- Fire and Smoke Detector
- Fire Sprinkler System
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
$36,123
Avg. Annual Appreciation
-2.22%
Original Mortgage
$300,000
Outstanding Balance
$298,548
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$69,928
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
Similar Homes in Rehoboth Beach, DE
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $375,000 | None Listed On Document | |
| Deed | $375,000 | -- | |
| Deed | $225,000 | None Available | |
| Deed | $180,000 | -- | |
| Deed | $180,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $300,000 | New Conventional | |
| Previous Owner | $225,000 | New Conventional | |
| Previous Owner | $180,000 | Stand Alone Refi Refinance Of Original Loan |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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 |
| 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 |
|---|---|---|---|---|
| 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
-
D
Seller's Agent in 2024
Denny Horner
The Parker Group
(703) 629-8455
1 in this area
1 Total Sale
-
Buyer's Agent in 2024
Fil Rauso
Coldwell Banker Realty
(484) 800-5537
6 in this area
44 Total Sales
-
Seller's Agent in 2023
Terry Lozada
Coldwell Banker Realty
(203) 247-8679
2 in this area
43 Total Sales
-
Buyer's Agent in 2023
Mitch Selbiger
OCEAN ATLANTIC SOTHEBYS
(410) 274-3479
37 in this area
62 Total Sales
-
Seller's Agent in 2020
Carla Campbell
OCEAN ATLANTIC SOTHEBYS
(302) 542-5534
27 in this area
63 Total Sales
-
Buyer's Agent in 2020
Dustin Oldfather
Compass
(302) 249-5899
113 in this area
1,507 Total Sales
Map
Source: Bright MLS
MLS Number: DESU2034510
APN: 334-13.00-3.01-507
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