NOT LISTED FOR SALE

36501 Palm Dr Unit 1104 Rehoboth Beach, DE 19971

Estimated Value: $302,717 - $405,000

2 Beds
2 Baths
941 Sq Ft
$267/mo HOA Fee

Last Sold April 15, 2021

Last sale price $240,000 $255 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,284/month

Highlights

  • Pond View
  • Open Floorplan
  • Pond
  • Rehoboth Elementary School Rated A
  • Private Lot
  • Wood Flooring

About This Home

As of April 2021

Come and enjoy life at the beach! Located 2 miles from the ocean and walking distance to Restaurants, Shopping outlets, Jungle Jim's and tourist attractions. Jump on your bike to go to the beach or hit the state bike trail close by. Bus Transit almost right outside your door, so no worry for parking at the beach. This cozy and beachy 2 bed, 2 bath unit has hardwood flooring , spacious bedrooms, washer and dryer, and a sun porch . Right outside the sunporch door is the community pool tucked in between the ponds with gorgeous fountains. Grab this one before it is gone!

Last Agent to Sell the Property

Michelle Kelly

Keller Williams Realty License #RS-0022354 Listed on: 03/03/2021

Keller Williams Realty

Last Buyer's Agent

Joyce Kendall

Keller Williams Realty License #RS-0024926

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $594

Year Built

  • Built in 2003

Lot Details

  • North Facing Home
  • Landscaped
  • Property is in very good condition

HOA Fees

  • $267 Monthly HOA Fees

Property Views

  • Pond
  • Garden
  • Courtyard

Home Design

  • Frame Construction
  • Architectural Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 941 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Sliding Windows
  • Window Screens
  • Sliding Doors
  • Insulated Doors

Kitchen

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

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Soaking Tub
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • Paved Parking
  • Parking Lot

Accessible Home Design

  • Doors swing in
  • No Interior Steps
  • Level Entry For Accessibility

Outdoor Features

  • Poolside Lot
  • Pond
  • Enclosed patio or porch
  • Water Fountains
  • Exterior Lighting

Schools

  • Rehoboth Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Private Water Source
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-13.00-317.00-1104

Community Details

Overview

  • $650 Capital Contribution Fee
  • Association fees include exterior building maintenance, pool(s), reserve funds, snow removal, trash
  • Low-Rise Condominium
  • Palms Of Rehoboth Subdivision
  • Property Manager

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$594

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: Level Entry - Main, No Stairs, Doors - Swing In
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-03-03
  • Federal Flood Zone: No
  • Year Built: 2003
  • Automatically Close On Close Date: Yes
  • Remarks Public: Come and enjoy life at the beach! Located 2 miles from the ocean and walking distance to Restaurants, Shopping outlets, Jungle Jim's and tourist attractions. Jump on your bike to go to the beach or hit the state bike trail close by. Bus Transit almost right outside your door, so no worry for parking at the beach. This cozy and beachy 2 bed, 2 bath unit has hardwood flooring , spacious bedrooms, washer and dryer, and a sun porch . Right outside the sunporch door is the community pool tucked in between the ponds with gorgeous fountains. Grab this one before it is gone!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Icemaker, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Laminated
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Floor Plan - Open, Kitchen - Country, Soaking Tub, Tub Shower, Wood Floors
  • Window Features: Screens, Sliding
  • Fireplace: No
  • Door Features: Insulated, Sliding Glass
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 941
  • Living Area Sq Ft: 941
  • Price Per Sq Ft: 249.73
  • Above Grade Finished Sq Ft: 941
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 36501

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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: Frame, Vinyl Siding, Stick Built
  • Exterior Features: Exterior Lighting, Water Fountains
  • Road Surface Type: Black Top, Paved
  • Roof: Architectural Shingle, Asphalt
  • Spa: No
  • View: Courtyard, Garden/Lawn, Pond
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Cable Tv Available, Electric Available, Phone Available
  • Water Source: Private/Community Water
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 3200.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Pool(s), Reserve Funds, Snow Removal, Trash
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Concrete, Fenced, Filtered, In Ground

Fee Information

  • Capital Contribution Fee: 650.00

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: REHOBOTH
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: Listing Agent
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Land Use Code: RC
  • Lot Features: Landscaping, Pond, Poolside, Private
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Enclosed, Porch(es), Screened
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: C-1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5192875
  • School Tax: 538.00
  • Tax Annual Amount: 594.00
  • Assessor Parcel Number: 334-13.00-317.00-1104
  • Tax Total Finished Sq Ft: 941
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 04/15/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2014
Sold by
Gabriel Gabriel and Muraca Maria
Bought by
Richman Gary A
Current Estimated Value
$353,679
Source: Public Records

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Range of Values:

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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
Richman Gary A $162,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Jiang Shu Y $180,000
Closed Richman Gary $121,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2021 04/15/21 Sold $240,000 +2.1% $255 / Sq Ft
03/11/2021 03/11/21 For Sale $235,000 0.0% $250 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $235,000 +44.6% $250 / Sq Ft
01/09/2015 01/09/15 Sold $162,500 0.0% $173 / Sq Ft
11/05/2014 11/05/14 Pending -- -- --
07/06/2013 07/06/13 For Sale $162,500 -- $173 / 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
2024 $648 $12,650 $0 $12,650
2023 $648 $12,650 $0 $12,650
2022 $625 $12,650 $0 $12,650
2021 $619 $12,650 $0 $12,650
2020 $617 $12,650 $0 $12,650
2019 $618 $12,650 $0 $12,650
2018 $577 $13,150 $0 $0
2017 $553 $13,150 $0 $0
2016 $525 $13,150 $0 $0
2015 $502 $13,150 $0 $0
2014 $498 $13,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU178230

Bright MLS

APN: 334-13.00-317.00-1104