NOT LISTED FOR SALE

21 Palmer Ave Rehoboth Beach, DE 19971

Estimated Value: $525,600 - $5,216,000

5 Beds
3 Baths
3,100 Sq Ft
$1,007/Sq Ft Est. Value

Last Sold May 11, 2012

Last sale price $1,428,250 $461 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $17,522/month

Highlights

  • Ocean View
  • Beach
  • Deck
  • Rehoboth Elementary School Rated A
  • 10,000 Sq Ft lot
  • 2-minute walk to Delaware Seashore State Park

About This Home

As of May 2012

Great Value! Spacious and well kept home with Atlantic Ocean and Rehoboth Bay views. Multiple decks, plus a balcony and a roof top deck from the private master suite with sitting room. Open floor plan with a modern kitchen. Maintenance free exterior, garage and tons of parking. Private Beach!

Last Agent to Sell the Property

DEBBIE REED

(302) 227-3818 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 05/28/2011

RE/MAX Realty Group Rehoboth

Co-Listed By

Ashlee Reed

(443) 254-2360 ashlee@debbiereed.com RE/MAX Realty Group Rehoboth

Last Buyer's Agent

Ava Cannon

(302) 249-5620 ava@jacklingo.com Jack Lingo - Rehoboth License #RS-0016508

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,235

Year Built

  • Built in 1983

Lot Details

  • 10,000 Sq Ft Lot
  • Landscaped
  • Sprinkler System

HOA Fees

  • $208 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Architectural Shingle Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 3,100 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Great Room
  • Sitting Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Den
  • Workshop
  • Storage Room
  • Ocean Views
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Electric Washer and Dryer

Parking

  • Attached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Deck
  • Wrap Around Porch

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Bottled Gas
  • Heating System Uses Propane
  • Heat Pump System
  • Vented Exhaust Fan
  • Baseboard Heating
  • Electric Water Heater
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number 334-23.06-95.03

Community Details

Overview

  • Indian Beach Subdivision

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,235

Year Built

Built in 1983

Lot Details

0

HOA Fees

$208 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1983
  • Remarks Public: Great Value! Spacious and well kept home with Atlantic Ocean and Rehoboth Bay views. Multiple decks, plus a balcony and a roof top deck from the private master suite with sitting room. Open floor plan with a modern kitchen. Maintenance free exterior, garage and tons of parking. Private Beach!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Range Hood, Washer/Dryer Stacked, Water Heater
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Attic, Breakfast Area, Combination Kitchen/Dining, Ceiling Fan(s), Skylight(s), Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace Features: Wood, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Foundation Details: Pilings
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 14
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Kitchen, Great Room, Laundry, Office, Storage Room, Workshop, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 3100
  • Living Area Sq Ft: 3100
  • Net Sq Ft: 3100.00
  • Price Per Sq Ft: 511.94
  • Above Grade Finished Sq Ft: 3100
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 21

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Lawn Sprinkler, Outside Shower
  • Roof: Architectural Shingle
  • View: Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: Yes
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Electric, Bottled Gas/Propane
  • Heating Type: Baseboard, Forced Air, Propane
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Hook/Up Avail
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 2500.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach
  • HOA: Yes

Schools

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

Lot Info

  • Lot Features: Landscaping
  • Lot Size Area: 10000
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10000.00
  • Outdoor Living Structures: Balcony, Deck(s), Wrap Around

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5205632
  • Assessor Parcel Number: 334-23.06-95.03
  • County Tax Payment Frequency: Annually
  • Close Date: 05/11/2012

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2011
Closed on
Apr 27, 2012
Sold by
Richard E Richard E
Bought by
Willard Todd W and Willard Christine A
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Ava Cannon
Jack Lingo - Rehoboth
List Price
$1,428,250
Sold Price
$1,428,250
Current Estimated Value
$3,120,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,692,283
Avg. Annual Appreciation
6.01%
Original Mortgage
$975,000
Outstanding Balance
$138,325
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,982,208
Source: Public Records

Range of Values:

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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
Willard Todd W $1,428,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willard Todd W $975,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2012 05/11/12 Sold $1,428,250 0.0% $461 / Sq Ft
03/18/2012 03/18/12 Pending -- -- --
05/28/2011 05/28/11 For Sale $1,428,250 -- $461 / 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 $9,235 $52,150 $15,000 $37,150
2024 $5,437 $52,150 $15,000 $37,150
2023 $5,433 $52,150 $15,000 $37,150
2022 $5,254 $52,150 $15,000 $37,150
2021 $5,209 $52,150 $15,000 $37,150
2020 $2,766 $52,150 $15,000 $37,150
2019 $2,748 $52,150 $15,000 $37,150
2018 $2,290 $52,150 $0 $0
2017 $2,193 $52,150 $0 $0
2016 $2,154 $52,150 $0 $0
2015 $2,062 $52,150 $0 $0
2014 $2,047 $52,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • DEBBIE REED

    Seller's Agent in 2012

    DEBBIE REED

    RE/MAX

    (302) 227-3818

    20 in this area

    832 Total Sales

    DEBBIE REED
    Section Image
  • Ashlee Reed

    Seller Co-Listing Agent in 2012

    Ashlee Reed

    RE/MAX

    (443) 254-2360

    25 Total Sales

    Ashlee Reed
    Section Image
  • Ava Cannon

    Buyer's Agent in 2012

    Ava Cannon

    Jack Lingo - Rehoboth

    (302) 249-5620

    10 in this area

    108 Total Sales

    Ava Cannon
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1000959734

Bright MLS

APN: 334-23.06-95.03

Delaware Sussex County Rehoboth Beach 19971

21 Palmer Ave, Rehoboth Beach, DE

This home is located at 21 Palmer Ave, Rehoboth Beach, DE 19971 since 28 May 2011 and is currently estimated at $3,120,533, approximately $1,006 per square foot. This property was built in 1983. 21 Palmer Ave 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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