NOT LISTED FOR SALE

6 Wills Way Unit 41 Rehoboth Beach, DE 19971

Estimated Value: $463,000 - $1,061,000

4 Beds
3.5 Baths
2,300 Sq Ft
$339/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $605,000 $263 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,691/month

6 Days on Market

Highlights

  • In Ground Pool
  • Water Oriented
  • Waterfront
  • Rehoboth Elementary School Rated A
  • Lake View
  • Coastal Architecture

About This Home

As of August 2020

Spacious Waterfront 4 BR, 3.5BA Canal Corkran Townhome. Enjoy waterviews from Kitchen, Living Room & Decks. Like new condition, includes Coastal Furniture & Custom Blinds. Amazing Olympic Community Pool, Gated Access to trail to downtown Rehoboth, Easy walk to Boardwalk & Restaurants. Convenient access to Lewes Rehoboth Bike trail. Great investment/Rental Potential of $25K/yr.

Last Listed By

Lucius Webb

Jack Lingo - Rehoboth License #RS-0017469 Listed on: 06/25/2020

Jack Lingo - Rehoboth

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,249

Year Built

  • Built in 2003

Lot Details

  • Waterfront
  • North Facing Home
  • Landscaped
  • Property is in excellent condition

HOA Fees

Property Views

  • Lake
  • Pond

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,300 Sq Ft Home
  • Property has 3 Levels
  • Partially Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Combination Kitchen and Living
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Electric Dryer
  • Washer

Home Security

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Accessible Home Design

  • Halls are 48 inches wide or more
  • Receding Pocket Doors
  • Doors are 32 inches wide or more
  • More Than Two Accessible Exits

Outdoor Features

  • In Ground Pool
  • Water Oriented
  • Property is near a pond
  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-13.00-363.02-41

Community Details

Overview

  • $500 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, pool(s), reserve funds, road maintenance, snow removal, trash
  • Canal Corkran Subdivision

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,249

Year Built

Built in 2003

Lot Details

0

HOA Fees

$261 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: 2+ Access Exits, 48"+ Halls, 32"+ Wide Doors, Doors - Recede
  • Ownership: Condominium
  • Inclusions: Mostly Furnished
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Remarks Public: Spacious Waterfront 4 BR, 3.5BA Canal Corkran Townhome. Enjoy waterviews from Kitchen, Living Room & Decks. Like new condition, includes Coastal Furniture & Custom Blinds. Amazing Olympic Community Pool, Gated Access to trail to downtown Rehoboth, Easy walk to Boardwalk & Restaurants. Convenient access to Lewes Rehoboth Bike trail. Great investment/Rental Potential of $25K/yr.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Washer, Water Heater
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Breakfast Area, Combination Kitchen/Living, Ceiling Fan(s), Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated, Storm
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Levels Count: 3
  • Room Count: 7
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Additional Bedroom
  • Basement: No
  • Total Sq Ft: 2300
  • Living Area Sq Ft: 2300
  • Price Per Sq Ft: 258.70
  • Above Grade Finished Sq Ft: 2300
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 6

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Upper Level 2 Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Pool Features: In Ground
  • Roof: Architectural Shingle
  • View: Lake, Pond
  • Water Access: No
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1242.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1885.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Pool(s), Reserve Funds, Road Maintenance, Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 500.00

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Lot Features: Landscaping
  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 334-13.00-363.02-41
  • Close Date: 08/17/2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2020
Closed on
Aug 12, 2020
Sold by
Resnick Jordan and Resnick Jeanine
Bought by
Cannon Christopher D
Seller's Agent
Lucius Webb
Jack Lingo - Rehoboth
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$595,000
Sold Price
$605,000
Premium/Discount to List
$10,000
1.68%
Total Days on Market
6
Current Estimated Value
$780,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,226
Avg. Annual Appreciation
5.51%
Original Mortgage
$476,000
Outstanding Balance
$426,237
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$353,989

Purchase Details

Listed on
Dec 14, 2012
Closed on
Jun 13, 2013
Sold by
Robinson Thomas N and Robertson Janine
Bought by
Resnick Jordan and Resnick Jeanine
Seller's Agent
Lucius Webb
Jack Lingo - Rehoboth
Buyer's Agent
Lucius Webb
Jack Lingo - Rehoboth
List Price
$470,000
Sold Price
$470,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.59%
Original Mortgage
$376,000
Interest Rate
3.59%
Mortgage Type
New Conventional

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 Buyer Sale Price Title Company
Cannon Christopher D $605,000 None Available
Resnick Jordan $470,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cannon Christopher D $476,000
Previous Owner Resnick Jordan $376,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2020 08/17/20 Sold $605,000 +1.7% $263 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $595,000 +26.6% $259 / Sq Ft
06/26/2013 06/26/13 Sold $470,000 0.0% --
06/26/2013 06/26/13 Pending -- -- --
12/14/2012 12/14/12 For Sale $470,000 -- --
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 $1,249 $24,350 $0 $24,350
2023 $1,248 $24,350 $0 $24,350
2022 $1,205 $24,350 $0 $24,350
2021 $1,194 $24,350 $0 $24,350
2020 $1,190 $24,350 $0 $24,350
2019 $1,192 $24,350 $0 $24,350
2018 $1,113 $25,350 $0 $0
2017 $1,066 $25,350 $0 $0
2016 $1,013 $25,350 $0 $0
2015 $968 $25,350 $0 $0
2014 $960 $25,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU163336

Bright MLS

APN: 334-13.00-363.02-43