NOT LISTED FOR SALE

36501 Palm Dr Unit 1206 Rehoboth Beach, DE 19971

Estimated Value: $425,506 - $538,000

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

Last Sold May 21, 2021

Last sale price $326,000 $229 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,742/month

1 Day on Market

Highlights

  • Pond View
  • 5.74 Acre Lot
  • Community Pool
  • Rehoboth Elementary School Rated A
  • Open Floorplan
  • Breakfast Area or Nook

About This Home

As of May 2021

Move right in to this rarely offered 3 bedroom / 2 bath end unit offering abundant space and natural light. This fully furnished, beautifully decorated pristine condo is in immaculate condition and is being sold completely turn-key- sheets and all! The bedrooms are roomy providing plenty of space to accommodate family and/or friends along with a queen sleeper sofa in the family room. The master bedroom offers a king size bed, large walk-in closet as well as a master en-suite with double sink vanity, shower stall with glass door/enclosure and HWH was recently replaced. Enjoy relaxing outdoors in the screened- in porch or on the covered deck overlooking the large community pool and pond with soothing sounds from the fountain. What are you waiting for? This is your opportunity to settle one day and move in the next! It would also be a great rental investment property being so close to everything Rehoboth Beach has to offer including outlet stores across the street, specialty restaurants and stores galore and the beach and boardwalk within close proximity.

Last Agent to Sell the Property

JEANMARIE CLAVIER

(302) 242-7533 jeanmarie@jacklingo.com Jack Lingo - Rehoboth Listed on: 03/26/2021

Jack Lingo - Rehoboth

Last Buyer's Agent

Molly Bayard

(302) 381-0839 mbayard929@gmail.com Jack Lingo - Rehoboth License #RS-0022070

Jack Lingo - Rehoboth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $819

Year Built

  • Built in 2003

Lot Details

  • 5.74

HOA Fees

  • $267 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 2nd floor
  • Frame Construction

Interior Spaces

  • 1,426 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Bar
  • Ceiling Fan
  • Window Treatments
  • Family Room Off Kitchen
  • Pond Views

Kitchen

  • Breakfast Area or Nook
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-13.00-317.00-1206

Community Details

Overview

  • Low-Rise Condominium
  • The Palms Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$819

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
  • Inclusions: Furniture, Decorations, All contents
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Interior Amenities: Bar, Breakfast Area, Ceiling Fan(s), Family Room Off Kitchen, Floor Plan - Open, Kitchen - Island, Walk-In Closet(s), Window Treatments
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1426
  • Living Area Sq Ft: 1426
  • Price Per Sq Ft: 227.91
  • 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
  • View: Pond
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • 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: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 5.74
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 250034.00
  • Zoning: C-1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 742.00
  • Tax Annual Amount: 819.00
  • Assessor Parcel Number: 334-13.00-317.00-1206
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2014
Sold by
Niola Niola
Bought by
The Niola Ventura Revocable Trust
Current Estimated Value
$458,377
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
The Niola Ventura Revocable Trust -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2021 05/21/21 Sold $326,000 +0.3% $229 / Sq Ft
03/27/2021 03/27/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $325,000 -- $228 / 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

  • J

    Seller's Agent in 2021

    JEANMARIE CLAVIER

    Jack Lingo - Rehoboth

    (302) 242-7533

    18 in this area

    26 Total Sales

    JEANMARIE CLAVIER
    Section Image
  • Molly Bayard

    Buyer's Agent in 2021

    Molly Bayard

    Jack Lingo - Rehoboth

    (302) 381-0839

    32 in this area

    114 Total Sales

    Molly Bayard
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU179860

Bright MLS

APN: 334-13.00-317.00-1206

Delaware Sussex County Rehoboth Beach 19971

36501 Palm Dr Unit 1206, Rehoboth Beach, DE

Not Listed for Sale

Condos

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