T
Seller's Agent in 2023
Tim Riale
RIALE REALTY
(302) 684-1988
1 in this area
49 Total Sales
500 Cascade Ln Unit 523 Rehoboth Beach, DE 19971
Estimated Value: $370,000 - $384,000
2
Beds
2
Baths
940
Sq Ft
$226/mo
HOA Fee
Highlights
- Rambler Architecture
- Community Pool
- Forced Air Heating and Cooling System
- Rehoboth Elementary School Rated A
About This Home
As of April 2023For Sale - 3rd Floor, 2BR/2BA Apartment Style Condo in Creekwood! Nicely located in close proximity to beaches and other resort amenities, including eateries, outlet shopping, and exciting night spots! Property Sold As-is, No Warranties Expressed or Implied! All cash offers must be accompanied by proof of funds to purchase or a pre-approval letter for all financed offers. NOTE: All condo fee information while believed to be accurate is subject to verification by potential buyer's and/or buyer agents. Seller has received multiple offers and is requesting HIGHEST AND BEST offer submission by noon on Monday, March 20, 2023. Form in Documents Section.
Last Agent to Sell the Property
(302) 684-1988 delmarvapropertysales@gmail.com RIALE REALTY License #RB-0002954 Listed on: 02/10/2023
Last Buyer's Agent
(302) 745-9914 kim.hamer@oasir.net Monument Sotheby's International Realty License #RS-0013968
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $661
Year Built
- Built in 2003
Lot Details
- Property is in good condition
HOA Fees
- $226 Monthly HOA Fees
Parking
- Parking Lot
Home Design
- Rambler Architecture
- Entry on the 3rd floor
Interior Spaces
- 940 Sq Ft Home
- Property has 1 Level
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Utilities
- Forced Air Heating and Cooling System
- 200+ Amp Service
- Private Water Source
- Electric Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 334-13.00-3.01-523
Community Details
Overview
- Association fees include common area maintenance, lawn maintenance, pool(s), trash, management
- Low-Rise Condominium
- Creekwood Condos
- Creekwood Subdivision
- Property Manager
Recreation
- Community Pool
Pet Policy
- No Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 10, 2023
Closed on
Mar 29, 2023
Sold by
Lsf9 Master Participation Trust
Bought by
Miller Gregory A
Seller's Agent
Tim Riale
RIALE REALTY
Buyer's Agent
Kim Hamer
Monument Sotheby's International Realty
List Price
$344,900
Sold Price
$340,000
Premium/Discount to List
-$4,900
-1.42%
Views
351
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
$34,393
Avg. Annual Appreciation
3.73%
Original Mortgage
$272,000
Outstanding Balance
$264,619
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$109,774
Purchase Details
Closed on
Jan 24, 2018
Sold by
Anderson Michael J
Bought by
Us Bank Na Tr
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 |
|---|---|---|---|
| Miller Gregory A | $340,000 | Etitle Agency | |
| Miller Gregory A | $340,000 | Etitle Agency | |
| Us Bank Na Tr | $184,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Miller Gregory A | $272,000 | |
| Closed | Miller Gregory A | $272,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/21/2023 04/21/23 | Sold | $340,000 | +1.5% | $362 / Sq Ft |
| 03/21/2023 03/21/23 | Pending | -- | -- | -- |
| 03/10/2023 03/10/23 | Price Changed | $334,900 | -2.9% | $356 / Sq Ft |
| 02/10/2023 02/10/23 | For Sale | $344,900 | -- | $367 / 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
-
Tim Riale
-
Kim Hamer
Buyer's Agent in 2023
Kim Hamer
OCEAN ATLANTIC SOTHEBYS
(302) 745-9914
93 in this area
262 Total Sales
Map
Source: Bright MLS
MLS Number: DESU2035856
APN: 334-13.00-3.01-523
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