NOT LISTED FOR SALE

7 Richardson Way Rehoboth Beach, DE 19971

Estimated Value: $630,754 - $1,120,000

4 Beds
3.5 Baths
3,120 Sq Ft
$295/Sq Ft Est. Value

Last Sold August 16, 2016

Last sale price $692,000 $222 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $5,577/month

5 Days on Market

Highlights

  • Lake View
  • Waterfront
  • Wood Flooring
  • Rehoboth Elementary School Rated A
  • Deck
  • Main Floor Bedroom

About This Home

As of August 2016

Do NOT miss this Pond's Edge opportunity to own a 4BR End unit, townhome overlooking Futchers Pond. Enjoy the extra green community space afforded with a side entry - plus the extra parking space! Gently enjoyed, you'll find this well located townhouse extremely ready for it's next owner. Enter the tiled foyer to find 2 large bedrooms, each opening to the patio and a den that offers flexible space to be used for overflow guests or for an office or exercise room. Second floor incorporates a wide open living area with hardwood floors, large kitchen with expansive granite countertops, stainless steel appliances. Two master bedrooms - one taking up the entire third floor level with large master bathroom and bay window seating area to enjoy the pond views. Walk or bike to downtown Rehoboth Beach, boardwalk and Atlantic Ocean or stay put and enjoy the quiet location and community pool. Super easy access to the bike trail path with an exclusive gate for Canal Corkran.

Last Listed By

DEBBIE REED

RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 06/25/2016

RE/MAX Realty Group Rehoboth

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,696

Year Built

  • Built in 2003

Lot Details

  • Waterfront
  • Landscaped

HOA Fees

Property Views

  • Lake
  • Pond

Home Design

  • Block Foundation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 3,120 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Window Screens
  • Open Floorplan
  • Living Room
  • Dining Room
  • Den

Kitchen

  • Breakfast Area or Nook
  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • 3 Open Parking Spaces
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Property is near a pond
  • Deck
  • Patio

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-13.00-362.00-4

Community Details

Overview

  • Canal Corkran Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,696

Year Built

Built in 2003

Lot Details

0

HOA Fees

$316 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 2003
  • Remarks Public: Do NOT miss this Pond's Edge opportunity to own a 4BR End unit, townhome overlooking Futchers Pond. Enjoy the extra green community space afforded with a side entry - plus the extra parking space! Gently enjoyed, you'll find this well located townhouse extremely ready for it's next owner. Enter the tiled foyer to find 2 large bedrooms, each opening to the patio and a den that offers flexible space to be used for overflow guests or for an office or exercise room. Second floor incorporates a wide open living area with hardwood floors, large kitchen with expansive granite countertops, stainless steel appliances. Two master bedrooms - one taking up the entire third floor level with large master bathroom and bay window seating area to enjoy the pond views. Walk or bike to downtown Rehoboth Beach, boardwalk and Atlantic Ocean or stay put and enjoy the quiet location and community pool. Super easy access to the bike trail path with an exclusive gate for Canal Corkran.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven - Double, Oven - Wall, Washer, Water Heater
  • Entry Floor: 7
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Breakfast Area, Combination Kitchen/Dining, Combination Kitchen/Living, Pantry, Entry Level Bedroom, Ceiling Fan(s), Whirlpool/Hottub, Window Treatments
  • Window Features: Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Floors In Unit Count: 3
  • Level Count: 3
  • Levels Count: 3+
  • Room Count: 9
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Den, Laundry, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 3120
  • Living Area Sq Ft: 3120
  • Net Sq Ft: 3120.00
  • Price Per Sq Ft: 224.04
  • Above Grade Finished Sq Ft: 3120
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Roof: Architectural Shingle
  • View: Lake, Pond
  • Water Access: Yes
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Parking Features: Paved Driveway
  • Number Of Parking Spaces Included: 3+ Car Parking
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fees: 2640.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 1157.00
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Swimming Pool
  • HOA: Yes
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Lot Features: Landscaping
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Zoning Description: RESIDENTIAL PLANNED COMM.

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10187530
  • Assessor Parcel Number: 334-13.00-362.00-4
  • County Tax Payment Frequency: Annually
  • Close Date: 08/16/2016

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2016
Closed on
Aug 18, 2016
Sold by
Cragg James P
Bought by
Black Maureen M and Black Robert E
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Rick Monkman
Jack Lingo - Rehoboth
List Price
$699,000
Sold Price
$692,000
Premium/Discount to List
-$7,000
-1%
Total Days on Market
5
Current Estimated Value
$918,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,939
Avg. Annual Appreciation
3.29%

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
Black Maureen M $692,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cragg James P $376,033
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2016 08/16/16 Sold $692,000 -1.0% $222 / Sq Ft
06/30/2016 06/30/16 Pending -- -- --
06/25/2016 06/25/16 For Sale $699,000 -- $224 / 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 $1,696 $33,500 $0 $33,500
2023 $1,694 $33,500 $0 $33,500
2022 $1,635 $33,500 $0 $33,500
2021 $1,620 $33,500 $0 $33,500
2020 $1,615 $33,500 $0 $33,500
2019 $1,617 $33,500 $0 $33,500
2018 $1,511 $34,400 $0 $0
2017 $1,447 $34,400 $0 $0
2016 $1,374 $34,400 $0 $0
2015 $1,313 $34,400 $0 $0
2014 $1,303 $34,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • DEBBIE REED

    Seller's Agent in 2016

    DEBBIE REED

    RE/MAX

    (302) 227-3818

    304 in this area

    897 Total Sales

    DEBBIE REED
    Section Image
  • Cyndi Marsh

    Seller Co-Listing Agent in 2016

    Cyndi Marsh

    RE/MAX

    (302) 363-5734

    34 in this area

    79 Total Sales

    Cyndi Marsh
    Section Image
  • Rick Monkman

    Buyer's Agent in 2016

    Rick Monkman

    Jack Lingo - Rehoboth

    (302) 226-6658

    27 in this area

    53 Total Sales

    Rick Monkman
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001018962

Bright MLS

APN: 334-13.00-362.00-4

Delaware Sussex County Rehoboth Beach 19971

7 Richardson Way, Rehoboth Beach, DE

Homes for Sale in Rehoboth Beach, DE

This home is located at 7 Richardson Way, Rehoboth Beach, DE 19971 since 25 June 2016 and is currently estimated at $918,939, approximately $294 per square foot. This property was built in 2003. 7 Richardson Way is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

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