NOT LISTED FOR SALE

36501 Palm Dr Unit 1202 Rehoboth Beach, DE 19971

Estimated Value: $347,170 - $443,000

2 Beds
2 Baths
1,092 Sq Ft
$267/mo HOA Fee

Last Sold February 07, 2022

Last sale price $295,000 $270 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,310/month

2 Days on Market

Highlights

  • Community Pool
  • Breakfast Area or Nook
  • Bar
  • Rehoboth Elementary School Rated A
  • Balcony
  • Central Air

About This Home

As of February 2022

Spacious 2 bedroom, 2 bath condo in The Palms of Rehoboth. Unit is on the second floor and community does not have elevators. Current tenant who wishes to remain if possible. 60 day notice required to terminate lease.

Last Agent to Sell the Property

Charles Renschler

(302) 236-1703 charlier107@outlook.com Mann & Sons, Inc. License #RS-0008787 Listed on: 01/21/2022

Co-Listed By

Suzanne Truitt

(302) 226-5600 suetruitt1070@gmail.com Mann & Sons, Inc.

Last Buyer's Agent

Justin Orr

(484) 472-3500 jorr@mcwb.com McWilliams/Ballard, Inc. License #rs0037008

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $662

Year Built

  • Built in 2003

Lot Details

  • Sprinkler System
  • Property is in excellent condition

HOA Fees

  • $267 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Frame Construction
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 1,092 Sq Ft Home
  • Property has 3 Levels
  • Bar
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Electric Dryer
  • Washer

Home Security

Parking

  • Paved Parking
  • Parking Lot

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 334-13.00-317.00-1202

Community Details

Overview

  • $650 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, pool(s), reserve funds, road maintenance, trash, snow removal
  • Low-Rise Condominium
  • Vacasa Condos, Phone Number (302) 541-8885
  • Palms Of Rehoboth Subdivision
  • Property Manager

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$662

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: Condominium
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Entry Floor: 2
  • Flooring Type: Carpet, Laminated
  • Interior Amenities: Bar, Breakfast Area, Carpet, Combination Dining/Living, Sprinkler System
  • Fireplace: No
  • Levels Count: 3
  • Room List: Living Room, Bedroom 2, Kitchen, Bedroom 1, Bathroom 1, Bathroom 2
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1092
  • Living Area Sq Ft: 1092
  • Price Per Sq Ft: 270.15
  • Above Grade Finished Sq Ft: 1092
  • Above Grade Finished Area Units: Square Feet

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, Concrete
  • Road Surface Type: Black Top
  • Roof: Pitched, 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 Parking
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Phone Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 800.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Vacasa
  • Condo Co-Op Phone: 302-541-8885
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Pool(s), Reserve Funds, Road Maintenance, Trash, Snow Removal
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 650.00

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Zoning: C-1
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5192879
  • School Tax: 599.00
  • Tax Annual Amount: 662.00
  • Assessor Parcel Number: 334-13.00-317.00-1202
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2022
Sold by
Driver Bradley L
Bought by
Stad Enterprises Llc
Current Estimated Value
$379,043

Purchase Details

Listed on
Jan 21, 2022
Closed on
Feb 1, 2022
Sold by
Zanetti Albert J and Zanetti Jeana M
Bought by
Driver Bradley L and Jennings Stacey W
Seller's Agent
Charles Renschler
Mann & Sons, Inc.
Buyer's Agent
Justin Orr
McWilliams/Ballard, Inc.
List Price
$295,000
Sold Price
$295,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.76%
Original Mortgage
$236,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2012
Sold by
Budi R Budi R and Bahureksa Susana C
Bought by
Zanetti Albert J and Zanetti Jeana M

Purchase Details

Closed on
Dec 29, 2011
Sold by
Budi R Budi R and Bahureksa Susana C
Bought by
Zanetti Albert J and Zanetti Jeana M
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
Stad Enterprises Llc -- --
Driver Bradley L $295,000 Tunnell & Raysor Pa
Zanetti Albert J $165,000 --
Zanetti Albert J $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Driver Bradley L $236,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2022 02/07/22 Sold $295,000 0.0% $270 / Sq Ft
01/23/2022 01/23/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $295,000 -- $270 / 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 $590 $14,050 $0 $14,050
2024 $717 $14,050 $0 $14,050
2023 $717 $14,050 $0 $14,050
2022 $692 $14,050 $0 $14,050
2021 $685 $14,050 $0 $14,050
2020 $683 $14,050 $0 $14,050
2019 $684 $14,050 $0 $14,050
2018 $639 $14,550 $0 $0
2017 $612 $14,550 $0 $0
2016 $581 $14,550 $0 $0
2015 $555 $14,550 $0 $0
2014 $551 $14,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Charles Renschler

    Seller's Agent in 2022

    Charles Renschler

    Mann & Sons, Inc.

    (302) 236-1703

    4 in this area

    9 Total Sales

    Charles Renschler
    Section Image
  • Suzanne Truitt

    Seller Co-Listing Agent in 2022

    Suzanne Truitt

    Mann & Sons, Inc.

    (302) 226-5600

    3 in this area

    8 Total Sales

    Suzanne Truitt
    Section Image
  • Justin Orr

    Buyer's Agent in 2022

    Justin Orr

    McWilliams/Ballard, Inc.

    (484) 472-3500

    9 in this area

    19 Total Sales

    Justin Orr
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2013944

Bright MLS

APN: 334-13.00-317.00-1202

Delaware Sussex County Rehoboth Beach 19971

36501 Palm Dr Unit 1202, Rehoboth Beach, DE

Not Listed for Sale

Condos

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