Take advantage of a great opportunity to buy a second home or investment property. This Creekwood condo is the most reasonably priced unit currently on the market and best of all, WEEKLY RENTALS ARE ALLOWED! This first floor unit is partially furnished and has BRAND NEW FLOORING, large walk in closets and plenty of space. The kitchen offers updated appliances and a large pantry. The screened porch faces the woods and offers access to the back of the property. A ramp leads to the front of the building from the parking lot. Creekwood is a hidden gem, offering low HOA fees, a great location east of Route One and close to everything in the Rehoboth area. You won't want to miss this great deal!
Sold for $377,000
$377,000
500 Cascade Ln Unit 503, Rehoboth Beach, DE 19971
2beds
1,043sqft
Condominium
Built in 2004
-- sqft lot
$377,600 Zestimate®
$361/sqft
$1,970 Estimated rent
Home value
$377,600
$355,000 - $400,000
$1,970/mo
Zestimate® history
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$2,835/mo
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$2,835/mo
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List your homeWhat's special
Partially furnishedBrand new flooringScreened porchLarge walk in closetsLarge pantryUpdated appliances
Zillow last checked:
Listing updated:
Listed by:
DENISE KARAS 443-226-0560,
Compass
Bought with:
Debbie Reed, RS-0010229
RE/MAX Realty Group Rehoboth
CARRIE HELLENS, RS-0015051
RE/MAX Realty Group Rehoboth
Source: Bright MLS,MLS#: DESU2047034
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Basement
- Area: 0
Heating
- Forced Air, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Self Cleaning Oven, Refrigerator, Washer/Dryer Stacked, Water Heater, Electric Water Heater
- Laundry: In Unit
Features
- Ceiling Fan(s)
- Flooring: Carpet, Hardwood
- Windows: Screens
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,043
- Total interior livable area: 1,043 sqft
- Finished area above ground: 1,043
- Finished area below ground: 0
Property
Parking
- Parking features: Parking Lot
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch, Screened
- Exterior features: Sidewalks, Lighting
- Has private pool: Yes
- Pool features: Private, Community
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 33413.003.01503
- Zoning: C-1
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Masonry, Concrete
- Foundation: Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 2004
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Condo and coop fee: $0 quarterly
- Subdivision: Creekwood
HOA
- Has HOA: Yes
- Amenities included: Pool
- HOA fee: $677 quarterly
- HOA name: TIDEWATER PROPERTY MANAGEMENT, INC
Location
- Region: Rehoboth Beach
Financial & listing details
- Price per square foot: $361/sqft
- Tax assessed value: $306,400
- Annual tax amount: $627
- Date on market: 9/14/2023
- Listing agreement: Exclusive Agency
- Listing terms: Cash,Conventional
- Inclusions: Dining Room Table And Chairs, Living Room Sleeper Couch, Guest Bedroom Beds And Bureau.
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 11/17/2023 | Sold | $377,000$361/sqft |
Source:  Bright MLS #DESU2047034 Report a problem | ||
| 9/16/2023 | Pending sale | $377,000$361/sqft |
Source: Bright MLS #DESU2047034 Report a problem | ||
| 9/14/2023 | Listed for sale | $377,000+4.7%$361/sqft |
Source: Bright MLS #DESU2047034 Report a problem | ||
| 7/14/2017 | Sold | $360,000$345/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $647 -5.5% | $153,200 +1002.2% |
| 2024 | $685 +0.1% | $13,900 |
| 2023 | $685 +3.6% | $13,900 +5.3% |
| 2022 | $661 +0.9% | $13,200 |
| 2021 | $655 +0.3% | $13,200 |
| 2020 | $653 | $13,200 |
| 2019 | $653 -0.1% | $13,200 -5% |
| 2018 | $654 +7.1% | $13,900 |
| 2017 | $610 +9.9% | $13,900 |
| 2016 | $555 +4.7% | $13,900 |
| 2015 | $531 +0.7% | $13,900 |
| 2014 | $527 +2.9% | $13,900 |
| 2013 | $512 -0.6% | $13,900 |
| 2012 | $515 +12.9% | $13,900 |
| 2011 | $456 | $13,900 |
| 2010 | $456 -3% | $13,900 |
| 2009 | $470 | $13,900 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
Find assessor info on the county website
Neighborhood: 19971
Nearby homes
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Nearby schools
GreatSchools rating
- 8/10Rehoboth Elementary SchoolGrades: K-5Distance: 2.4 mi
- NAFrederick D Thomas Middle SchoolGrades: 6-8Distance: 2.2 mi
- 8/10Cape Henlopen High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- Elementary: Rehoboth
- Middle: Beacon
- High: Cape Henlopen
- District: Cape Henlopen
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$377,600
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- Delaware
- Sussex County
- Rehoboth Beach
- 19971
- 500 Cascade Ln Unit 503
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