47 Spinning Wheel Lane, Rehoboth Beach, DE 19971

$68,500
3
BD
2
BA
952
SqFt
List Price
$68,500
Days on Market
17
Status
ACTIVE
MLS#
DESU177560
Bedrooms
3
Bathrooms
2
Full Baths
1
Half Baths
1
Living Area
952
Lot Size (Acres)
0.05
Style
Other
Year Built
1977
County
Sussex
School District
Cape Henlopen

Property Description

Remodeled singlewide manufactured home in the leased-land community of Colonial East. The home has a split bedroom plan, with the front bedroom having its own half bath and contemporary barn doors. The other two bedrooms are to the rear of the home near the full bath. Hall laundry area (hook-up only). Living room opens to the kitchen, which has space for a dinette set. The kitchen has a new stainless steel refrigerator and electric range. New vinyl plank flooring. Freshly painted. New AirTemp HVAC. 10'x18' enclosed porch. Storage shed. Colonial East is located in the "Midway" area of Rehoboth, so you'll be an equal distance - about 4 miles - to the Rehoboth boardwalk or the Lewes public beaches! And there is a water park, movie theatre, fitness center with racquetball, and restaurants all within walking distance. Two pets are allowed in this Colonial East, and there's a new Dog Park, too. (Note: Rentals are NOT permitted, but friends & family may always visit.) Transferable leasehold interest: Lot Rent of approx. $570/mt. (thru 11/30/2021), which includes seasonal lawn service, trash/recycle & membership to the outdoor pool (for a nominal fee, you can join the indoor pool at Sussex East & West). Homeowner pays electric, water, sewer, metered LP gas & cable/Internet. Colonial East, L.P., the community owner, requires an Application from the Buyer, with acceptance based on the following criteria: 1.)income verification, 2.)credit bureau score, plus evaluation of debt-to-income ratio, and 3.)criminal background check. Financing may be available to qualified borrowers from only a few Lenders who specialize in installment/chattel loans for manufactured homes on leased land. Closing costs will include 3.75% DMV Doc Fee & Settlement Agent fee.

Additional Information

Area
Lewes Rehoboth Hundred (31009)
Subdivision
Colonial East Mhp
Taxes
$293
Interior Features
Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Floor Plan - Traditional, Kitchen - Eat-In, Tub Shower
School District
Cape Henlopen
Flooring
Vinyl
Heating
Forced Air
Heating Fuel
Propane - Owned
Cooling
Ceiling Fan(s), Central A/C
Roof
Metal
Water
Public
Sewer
Public Septic
Lot Lease Amount
$570
Lot Lease Amount Frequency
Monthly

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of SEA BOVA ASSOCIATES INC..