NOT LISTED FOR SALE

36501 Palm Dr Unit 1201 Rehoboth Beach, DE 19971

Estimated Value: $403,000 - $574,000

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

Last Sold September 21, 2018

Last sale price $253,000 $177 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,640/month

14 Days on Market

Highlights

  • Wood Flooring
  • Furnished
  • Porch
  • Rehoboth Elementary School Rated A
  • Community Pool
  • Screened Patio

About This Home

As of September 2018

Pristine, fully furnished second floor condominium in the Palms of Rehoboth. Turnkey 3 bedroom 2 bath beach property has easy care laminate hardwood throughout the open floor plan. Community allows weekly rentals and is ideally located within walking distance of local dining and tax free outlet shopping. The Junction & Breakwater Trail is across the street and gives access to Lewes, Rehoboth, and Cape Henlopen State Park. Leave your car at home and take the DART bus into downtown. Make this your new beach retreat or investment property, just minutes from the ocean!

Last Agent to Sell the Property

Dustin Oldfather

(302) 249-5899 Dustin@TheOldfatherGroup.com Compass License #RS-0017091 Listed on: 07/27/2018

Compass

Co-Listed By

Adam Linder

(302) 519-8894 adamlinder@northroprealty.com Northrop Realty License #RS-0022116

Last Buyer's Agent

Ashley Brosnahan

(302) 841-4200 ashley@bethanybeach-homes.com Long & Foster Real Estate, Inc. License #RA-0031206

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $755

Year Built

  • Built in 2003

HOA Fees

  • $267 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,426 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Screened Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot -1201
  • Assessor Parcel Number 334-13.00-317.00-1201

Community Details

Overview

  • Low-Rise Condominium
  • Palms Of Rehoboth Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$755

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
  • Ownership: Fee Simple
  • Exclusions: white recliner, wood trunk in MBR
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 2
  • Flooring Type: Laminated, Hardwood
  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1426
  • Living Area Sq Ft: 1426
  • Price Per Sq Ft: 178.82
  • 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: Frame, Stick Built, Vinyl Siding
  • Construction Completed: No
  • Roof: Asphalt, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway
  • Type Of Parking: Parking Lot, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers, 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

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: Pool - Outdoor
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Porch(es), Screened
  • Zoning: D
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5192878
  • School Tax: 675.00
  • Tax Annual Amount: 755.00
  • Assessor Parcel Number: 334-13.00-317.00-1201
  • Tax Lot: -1201
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2025
Sold by
Prince-Kandrakota Tiffany
Bought by
Prince-Kandrakota Tiffany and Kandrakota Raghunandan
Current Estimated Value
$438,901

Purchase Details

Listed on
May 10, 2017
Closed on
Jul 25, 2017
Sold by
Yim Cindy and Givry Laurent
Bought by
Constable Deborah A and Karangelen Wanda F
Seller's Agent
Michael Bacher
Jack Lingo - Rehoboth
Buyer's Agent
Connie Ferrara
Mann & Sons, Inc.
List Price
$249,000
Sold Price
$249,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.61%
Original Mortgage
$224,100
Interest Rate
3.88%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Prince-Kandrakota Tiffany -- None Listed On Document
Constable Deborah A $249,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Constable Deborah A $224,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/21/2018 09/21/18 Sold $253,000 -0.8% $177 / Sq Ft
08/10/2018 08/10/18 Pending -- -- --
07/27/2018 07/27/18 For Sale $255,000 +2.4% $179 / Sq Ft
07/28/2017 07/28/17 Sold $249,000 0.0% $175 / Sq Ft View Prior Sale
06/15/2017 06/15/17 Pending -- -- --
05/10/2017 05/10/17 For Sale $249,000 -- $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 $56 $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

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Map

Source: Bright MLS

MLS Number: 1002108406

Bright MLS

APN: 334-13.00-317.00-1201