NOT LISTED FOR SALE

36501 Palm Dr Unit 1203 Rehoboth Beach, DE 19971

Estimated Value: $265,343 - $404,000

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

Last Sold November 20, 2020

Last sale price $215,000 $228 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,262/month

182 Days on Market

Highlights

  • Traditional Architecture
  • Furnished
  • Doors swing in
  • Rehoboth Elementary School Rated A
  • Community Pool
  • Forced Air Heating and Cooling System

About This Home

As of November 2020

This pleasantly located condo is just a quick ride or walk to in-town Rehoboth Beach and shopping. Unit features two bedrooms and two baths and is completely furnished: poolside offers convenience for vacationers or owner. Screen porch overlooks pool. Freshly painted and well priced for the location. Easy to show and love!

Last Agent to Sell the Property

Stephen Mcguiness

Jack Lingo - Rehoboth License #RS-0022590 Listed on: 03/15/2020

Jack Lingo - Rehoboth

Co-Listed By

Angie Watkins

Jack Lingo - Rehoboth License #RS-0002248

Last Buyer's Agent

Donald Schlater

Berkshire Hathaway HomeServices PenFed Realty

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $618

Year Built

  • Built in 2003

HOA Fees

  • $267 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 941 Sq Ft Home
  • Property has 1 Level
  • Furnished

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Doors swing in
  • North Facing Home

Listing and Financial Details

  • Assessor Parcel Number 334-13.00-317.00-1203

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance, management, pool(s), snow removal, trash, reserve funds, insurance
  • Palms HOA
  • Low-Rise Condominium
  • The Palms Subdivision
  • Property Manager

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$618

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: Traditional, Unit/Flat
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Doors - Swing In
  • Ownership: Condominium
  • Inclusions: Furnishings as shown
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Remarks Public: This pleasantly located condo is just a quick ride or walk to in-town Rehoboth Beach and shopping. Unit features two bedrooms and two baths and is completely furnished: poolside offers convenience for vacationers or owner. Screen porch overlooks pool. Freshly painted and well priced for the location. Easy to show and love!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Fireplace: No
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 941
  • Living Area Sq Ft: 941
  • Price Per Sq Ft: 231.14
  • 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, Aluminum Siding, Vinyl Siding
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 800.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee Frequency: Unknown
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Management, Pool(s), Snow Removal, Trash, Reserve Funds, Insurance
  • HOA Name: PALMS HOA
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2019
  • Zoning: C-1
  • In City Limits: No

Rental Info

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

Tax Info

  • School Tax: 560.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 618.00
  • Assessor Parcel Number: 334-13.00-317.00-1203
  • Tax Total Finished Sq Ft: 941
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019
  • Close Date: 11/20/2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2003
Bought by
Watkins Chandler R and Watkins Margaret A
Current Estimated Value
$356,086
Source: Public Records

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
Watkins Chandler R $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beamer John T $193,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2020 11/20/20 Sold $215,000 -1.1% $228 / Sq Ft
09/13/2020 09/13/20 Pending -- -- --
03/15/2020 03/15/20 For Sale $217,500 -- $231 / 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 $2 $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

  • S

    Seller's Agent in 2020

    Stephen Mcguiness

    Jack Lingo - Rehoboth

    4 in this area

    7 Total Sales

    Stephen Mcguiness
    Section Image
  • Angie Watkins

    Seller Co-Listing Agent in 2020

    Angie Watkins

    Jack Lingo - Rehoboth

    (302) 745-6099

    1 in this area

    1 Total Sale

    Angie Watkins
    Section Image

  • D

    Buyer's Agent in 2020

    Donald Schlater

    BHHS PenFed (actual)

    (302) 542-5086

    1 in this area

    11 Total Sales

    Donald Schlater
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU158200

Bright MLS

APN: 334-13.00-317.00-1203

Delaware Sussex County Rehoboth Beach 19971

36501 Palm Dr Unit 1203, Rehoboth Beach, DE

This home is located at 36501 Palm Dr Unit 1203, Rehoboth Beach, DE 19971 since 15 March 2020 and is currently estimated at $356,086, approximately $378 per square foot. This property was built in 2003. 36501 Palm Dr Unit 1203 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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