NOT LISTED FOR SALE

36501 Palm Dr Unit 1101 Rehoboth Beach, DE 19971

Estimated Value: $416,761 - $574,000

3 Beds
2 Baths
1,426 Sq Ft
$267/mo HOA Fee

Last Sold August 26, 2019

Last sale price $260,500 $183 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,655/month

14 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Garden View
  • Rehoboth Elementary School Rated A
  • Main Floor Bedroom
  • Corner Lot

About This Home

As of August 2019

Terrific Location! This unit would be a fantastic vacation home or for year round living. The Palms also has excellent rental potential. This first floor unit features an open floor plan with 3 beds, 2 baths, screened porch plus a patio. Unit has been completely renovated. The Breakwater Junction is just accross the street which gives access to Lewes, Rehoboth and Cape Henlopen State Park. There is also a DART Bus stop located directly in front of the Palms. Make this your new retreat or investment!

Last Agent to Sell the Property

Tammy Rust

(302) 542-8187 realtortrust@gmail.com JACK LINGO MILLSBORO License #RS-0017335 Listed on: 07/19/2019

JACK LINGO MILLSBORO

Last Buyer's Agent

Richard Norcross Jr

richnorcross@gotogallo.com Berkshire Hathaway HomeServices PenFed Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $844

Year Built

  • Built in 2003

Lot Details

  • North Facing Home
  • Sprinkler System
  • Property is in very good condition

HOA Fees

  • $267 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Blown-In Insulation
  • Architectural Shingle Roof
  • Cement Siding
  • Vinyl Siding
  • CPVC or PVC Pipes
  • Dryvit Stucco

Interior Spaces

  • 1,426 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Bar
  • Ceiling Fan
  • Replacement Windows
  • Window Screens
  • Dining Area
  • Garden Views
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Built-In Range
  • Range Hood
  • Built-In Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops

Flooring

  • Wood
  • Laminate
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Home Security

Parking

  • Paved Parking
  • Parking Lot
  • 2 Assigned Parking Spaces

Accessible Home Design

  • Lowered Light Switches
  • More Than Two Accessible Exits

Outdoor Features

  • Screened Patio
  • Exterior Lighting
  • Porch

Utilities

  • Central Heating
  • Heat Pump System
  • 200+ Amp Service
  • High-Efficiency Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 334-13.00-317.00-1101

Community Details

Overview

  • Association fees include lawn care front, lawn care rear, lawn care side, lawn maintenance, management, pool(s), road maintenance, snow removal
  • Low-Rise Condominium
  • The Palms Subdivision
  • Property Manager

Recreation

  • Community Pool

Additional Features

  • Common Area
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$844

Year Built

Built in 2003

Lot Details

0

HOA Fees

$267 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 2+ Access Exits, Accessible Switches/Outlets
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2003
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Energy Star Dishwasher, Energy Star Refrigerator, Oven - Self Cleaning, Oven/Range - Electric, Range Hood, Stainless Steel Appliances, Washer/Dryer Hookups Only, Water Heater - High-Efficiency
  • Entry Floor: 1
  • Flooring Type: Hardwood, Laminated, Tile/Brick
  • Interior Amenities: Bar, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Dining Area, Entry Level Bedroom, Floor Plan - Open, Primary Bath(s), Upgraded Countertops, Wood Floors
  • Window Features: Replacement, Screens
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Slab
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Hookup
  • Total Sq Ft: 1426
  • Living Area Sq Ft: 1426
  • Price Per Sq Ft: 175.32
  • Above Grade Finished Sq Ft: 1426
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block, Blown-In Insulation, Cement Siding, Concrete, Cpvc/Pvc, Dryvit, Vinyl Siding
  • Exterior Features: Exterior Lighting, Lawn Sprinkler, Sidewalks, Street Lights
  • Road Surface Type: Access - On Grade, Black Top
  • Roof: Architectural Shingle
  • View: Garden/Lawn, Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned, Paved Parking
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Central, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 800.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Common Grounds, Pool - Outdoor, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Pool(s), Road Maintenance, Snow Removal
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Fenced, In Ground

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Patio(s), Porch(es), Screened
  • Property Condition: Very Good
  • Soil Types: Unknown
  • Zoning: D
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5192872
  • School Tax: 743.00
  • Tax Annual Amount: 844.00
  • Assessor Parcel Number: 334-13.00-317.00-1101
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2003
Bought by
Mccann Donald J
Current Estimated Value
$441,839
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
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
Mccann Donald J $194,200 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2019 08/26/19 Sold $260,500 +4.2% $183 / Sq Ft
08/02/2019 08/02/19 Pending -- -- --
07/19/2019 07/19/19 For Sale $250,000 -- $175 / 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 $765 $17,450 $0 $17,450
2024 $885 $17,450 $0 $17,450
2023 $884 $17,450 $0 $17,450
2022 $853 $17,450 $0 $17,450
2021 $845 $17,450 $0 $17,450
2020 $843 $17,450 $0 $17,450
2019 $844 $17,450 $0 $17,450
2018 $788 $17,950 $0 $0
2017 $755 $17,950 $0 $0
2016 $717 $17,950 $0 $0
2015 $685 $17,950 $0 $0
2014 $680 $17,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tammy Rust

    Seller's Agent in 2019

    Tammy Rust

    JACK LINGO MILLSBORO

    (302) 542-8187

    22 Total Sales

    Tammy Rust
    Section Image

  • R

    Buyer's Agent in 2019

    Richard Norcross Jr

    BHHS PenFed (actual)

See All Agents

Map

Source: Bright MLS

MLS Number: DESU144604

Bright MLS

APN: 334-13.00-317.00-1101

Delaware Sussex County Rehoboth Beach 19971

36501 Palm Dr Unit 1101, Rehoboth Beach, DE

Not Listed for Sale

Condos

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