NOT LISTED FOR SALE

9 Richardson Way Rehoboth Beach, DE 19971

Estimated Value: $676,714 - $1,160,000

4 Beds
3.5 Baths
3,000 Sq Ft
$333/Sq Ft Est. Value

Last Sold October 06, 2020

Last sale price $687,500 $229 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,775/month

Highlights

  • Water Oriented
  • Lake View
  • Deck
  • Rehoboth Elementary School Rated A
  • Waterfront
  • Wood Flooring

About This Home

As of October 2020

Spacious, light filled end unit in the Ponds Edge section of Canal Corkran. Relax on your deck overlooking a serene pond front setting with your morning coffee or simply reading a good book. 2/3 bedrooms or 2 bedroom plus den and full bath on the first level. The living level has a open floor plan with large gourmet kitchen featuring upscale appliances, granite counters and an island large enough for several guests to converse with the cook. High ceilings, gas fireplace and hardwood flooring throughout the main areas. Master bedroom and bath complete this level. Third floor has a humongous master bedroom with sitting area and generous master bath with soaking tub and separate shower. Community pool. Walking distance to the beach and boardwalk and all the in town Rehoboth attractions.

Last Agent to Sell the Property

Christina Haag

(302) 227-3883 christina@jacklingo.com Jack Lingo - Rehoboth License #RS-001-4869 Listed on: 07/30/2020

Jack Lingo - Rehoboth

Last Buyer's Agent

Lucius Webb

(302) 258-4590 luciusrwebb@yahoo.com Jack Lingo - Rehoboth License #RS-0017469

Jack Lingo - Rehoboth

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,573

Year Built

  • Built in 2004

Lot Details

  • Waterfront
  • Landscaped
  • Sprinkler System

HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Property Views

  • Lake
  • Pond

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 3,000 Sq Ft Home
  • Property has 4 Levels
  • Ceiling Fan
  • Gas Fireplace
  • Home Security System
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Electric Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

Laundry

  • Electric Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Water Oriented
  • Property is near a pond
  • Balcony
  • Deck
  • Patio

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-13.00-362.00-5

Community Details

Overview

  • Association fees include lawn maintenance
  • Canal Corkran Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,573

Year Built

Built in 2004

Lot Details

0

HOA Fees

$337 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2004
  • Remarks Public: Spacious, light filled end unit in the Ponds Edge section of Canal Corkran. Relax on your deck overlooking a serene pond front setting with your morning coffee or simply reading a good book. 2/3 bedrooms or 2 bedroom plus den and full bath on the first level. The living level has a open floor plan with large gourmet kitchen featuring upscale appliances, granite counters and an island large enough for several guests to converse with the cook. High ceilings, gas fireplace and hardwood flooring throughout the main areas. Master bedroom and bath complete this level. Third floor has a humongous master bedroom with sitting area and generous master bath with soaking tub and separate shower. Community pool. Walking distance to the beach and boardwalk and all the in town Rehoboth attractions.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Electric, Refrigerator, Microwave, Oven/Range - Electric, Oven - Double, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Attic, Breakfast Area, Pantry, Entry Level Bedroom, Ceiling Fan(s)
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Floors In Unit Count: 4
  • Levels Count: 4
  • Basement: No
  • Total Sq Ft: 3000
  • Living Area Sq Ft: 3000
  • Net Sq Ft: 3000.00
  • Price Per Sq Ft: 233.00
  • Above Grade Finished Sq Ft: 3000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 9

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 1
  • Number Of Parking Spaces Included: 2-Car Parking
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1242.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2800.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Lot Features: Landscaping
  • Outdoor Living Structures: Balcony, Deck(s), Patio(s)
  • Year Assessed: 2020
  • Zoning: TOWN CODES
  • In City Limits: No

Rental Info

  • Vacation Rental: Yes
  • Rent Spree Online Application: No

Tax Info

  • School Tax: 1424.00
  • Tax Annual Amount: 1573.00
  • Assessor Parcel Number: 334-13.00-362.00-5
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 10/06/2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2020
Closed on
Oct 1, 2020
Sold by
Ciminelli Susan L and Heffernan Alan P
Bought by
Lauder Duncan R and Lauder Kimberly N
Seller's Agent
Christina Haag
Jack Lingo - Rehoboth
Buyer's Agent
Lucius Webb
Jack Lingo - Rehoboth
List Price
$699,000
Sold Price
$687,500
Premium/Discount to List
-$11,500
-1.65%
Current Estimated Value
$997,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,179
Avg. Annual Appreciation
7.75%
Original Mortgage
$487,500
Outstanding Balance
$432,815
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$564,864
Source: Public Records

Range of Values:

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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
Lauder Duncan R $687,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lauder Duncan R $487,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2020 10/06/20 Sold $687,500 -1.6% $229 / Sq Ft
07/30/2020 07/30/20 For Sale $699,000 -- $233 / 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
2025 $1,791 $33,500 $0 $33,500
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

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Map

Source: Bright MLS

MLS Number: DESU165728

Bright MLS

APN: 334-13.00-362.00-5