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Sold for $375,000
  • $375,000

    500 Cascade Ln Unit 507, Rehoboth Beach, DE 19971

    2beds
    990sqft
    Condominium
    Built in 2003
    -- sqft lot
    $376,900 Zestimate®
    $379/sqft
    $1,904 Estimated rent

    Home value

    $376,900

    $354,000 - $400,000

    $1,904/mo

    Zestimate® history
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    What's special

    Welcome to this beautifully maintained 2-bedroom, 2-bathroom condo, ideally located just minutes from both Lewes and Rehoboth Beach. Enjoy the perfect blend of coastal living and serene wooded surroundings in this open-concept floor plan, perfect for relaxation and entertaining. Step inside to discover a spacious living area that seamlessly flows into the dining space and modern kitchen. Large windows throughout invite natural light, while offering peaceful views of the surrounding woods. Both bedrooms are generously sized, with the primary bedroom featuring an en-suite bathroom and walk-in closet. The second bedroom is perfect for guests or as a home office, with a nearby full bathroom for convenience and another large closet. This condo’s prime location offers easy access to shopping, dining, and entertainment in both Lewes and Rehoboth, while also providing a tranquil retreat from the hustle and bustle. Enjoy proximity to local beaches, nature trails, and parks. Additional features include a private, screened-in porch with a wooded view, in-unit laundry, and community pool. This condo is perfect for those seeking a convenient, low-maintenance lifestyle near the beach!

    Zillow last checked:

    Listing updated:

    Listed by:

    Denny Horner 703-629-8455,

    The Parker Group

    Bought with:

    Filomena Rauso, RS0037550

    Coldwell Banker Realty

    Source: Bright MLS,MLS#: DESU2070408MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Basement
    • Area: 0
    Heating
    • Heat Pump, Propane
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Washer, Water Heater, Refrigerator, Cooktop
    • Laundry: Main Level, Dryer In Unit, Washer In Unit, In Unit
    Features
    • Flooring: Luxury Vinyl
    • Has basement: No
    • Number of fireplaces: 1
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 990
    • Total interior livable area: 990 sqft
    • Finished area above ground: 990
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Paved, Unassigned, Surface, Parking Lot
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Screened, Porch
    • Pool features: Community
    • Has view: Yes
    • View description: Trees/Woods
    Lot
    • Features: Cleared
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 33413.003.01507
    • Zoning: C-1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Block, Stick Built, Vinyl Siding
    • Roof: Architectural Shingle
    Condition
    • Very Good
    • New construction: No
    • Year built: 2003

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Pool
    • Condo and coop fee: $323 monthly
    • Subdivision: Creekwood
    HOA
    • Has HOA: No
    • Amenities included: Pool
    • Services included: Common Area Maintenance, Maintenance Structure, Maintenance Grounds, Management, Pool(s), Trash
    • HOA name: Creekwood
    Location
    • Region: Rehoboth Beach

    Financial & listing details

    • Price per square foot: $379/sqft
    • Tax assessed value: $13,900
    • Annual tax amount: $685
    • Date on market: 9/11/2024
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Condominium

    Price history

    DateEventPrice
    10/25/2024Sold$375,000-2.6%$379/sqft
    Source: Bright MLS #DESU2070408 Report a problem
    9/20/2024Contingent$385,000$389/sqft
    Source: Bright MLS #DESU2070408 Report a problem
    9/11/2024Listed for sale$385,000+2.7%$389/sqft
    Source: Bright MLS #DESU2070408 Report a problem
    3/10/2023Sold$375,000$379/sqft
    Source: Bright MLS #DESU2034510 Report a problem
    1/30/2023Pending sale$375,000$379/sqft
    Source: Bright MLS #DESU2034510 Report a problem
    1/26/2023Listed for sale$375,000+66.7%$379/sqft
    Source: Bright MLS #DESU2034510 Report a problem
    1/25/2021Sold$225,000$227/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$687 +0.3%$162,700 +1070.5%
    2024$685 +0.1%$13,900
    2023$685 +3.6%$13,900
    2022$661 +0.9%$13,900
    2021$655 +0.3%$13,900 +5.3%
    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 +0.4%$13,900
    2012$510 +11.9%$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 schools

    GreatSchools rating
    Schools provided by the listing agent
    • 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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    $376,900
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    With Zillow Showcase(estimated)
    $384,438