NOT LISTED FOR SALE

36501 Palm Dr Unit 1302 Rehoboth Beach, DE 19971

Estimated Value: $345,341 - $440,000

2 Beds
2 Baths
1,064 Sq Ft
$267/mo HOA Fee

Last Sold June 15, 2018

Last sale price $190,000 $179 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $2,313/month

15 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • Combination Kitchen and Living
  • Rehoboth Elementary School Rated A
  • Furnished
  • Breakfast Area or Nook

About This Home

As of June 2018

Terrific location! This fully furnished, turn key condo would be a fantastic vacation home or is could be just right for year-round living. The Palms also has an excellent rental potential if you are looking for an investment property! This third-floor unit features an open floor plan, gas fireplace, screened porch and a deck! Just 2 miles to Rehoboth and Dewey Beaches, a plethora of dining options, grocery stores, coffee shops, miniature golf, and more!

Last Agent to Sell the Property

Ashley Brosnahan

(302) 841-4200 ashley@bethanybeach-homes.com Long & Foster Real Estate, Inc. License #RA-0031206 Listed on: 05/03/2018

Long & Foster Real Estate, Inc.

Co-Listed By

heather gates

(302) 858-7805 heather@bethanybeach-homes.com Long & Foster Real Estate, Inc. License #RS-0023225

Last Buyer's Agent

DEB GRIFFIN

(302) 858-3960 Debsmyagent@thedelawarebeaches.com Northrop Realty License #RA-0003575

Northrop Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2002

HOA Fees

  • $267 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Slab Foundation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,064 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Combination Kitchen and Living
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Range Hood
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Deck
  • Screened Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 334-13.00-317.00-1302

Community Details

Overview

  • Association fees include exterior building maintenance
  • Low-Rise Condominium
  • Palms Of Rehoboth Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 2002

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
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Story List: Main
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Freezer, Icemaker, Refrigerator, Oven/Range - Electric, Range Hood, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 3
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Breakfast Area, Combination Kitchen/Living, Ceiling Fan(s), Window Treatments
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1064
  • Living Area Sq Ft: 1064
  • Net Sq Ft: 1064.00
  • Price Per Sq Ft: 187.88
  • Above Grade Finished Sq Ft: 1064
  • 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
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Sidewalks
  • Pool Features: In Ground
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal, Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • 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: 3200.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint
  • HOA: No
  • Association Recreation Fee: No

Lot Info

  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Deck(s), Porch(es), Screened
  • Zoning: RPC
  • Zoning Description: RESIDENTIAL PLANNED COMM.
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5192885
  • Assessor Parcel Number: 334-13.00-317.00-1302
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2018
Closed on
Jun 15, 2018
Sold by
Oneil Paul J and Oneil Susan E
Bought by
Ramos-Hernandez Patrick S and Biskup Kateryna
Seller's Agent
Ashley Brosnahan
Long & Foster Real Estate, Inc.
Buyer's Agent
DEB GRIFFIN
Northrop Realty
List Price
$199,900
Sold Price
$190,000
Premium/Discount to List
-$9,900
-4.95%
Current Estimated Value
$379,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,585
Avg. Annual Appreciation
9.69%
Original Mortgage
$152,000
Outstanding Balance
$127,677
Interest Rate
3.7%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$251,908

Purchase Details

Closed on
May 10, 2011
Bought by
O'Neil Paul J and O'Neil Susan E

Purchase Details

Closed on
Apr 26, 2011
Bought by
O'Neil Paul J and O'Neil Susan E
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
Ramos-Hernandez Patrick S $190,000 --
O'Neil Paul J $154,900 --
O'Neil Paul J $154,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramos-Hernandez Patrick S $152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2018 06/15/18 Sold $190,000 -5.0% $179 / Sq Ft
05/18/2018 05/18/18 Pending -- -- --
05/03/2018 05/03/18 For Sale $199,900 -- $188 / 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 $45 $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

  • Ashley Brosnahan

    Seller's Agent in 2018

    Ashley Brosnahan

    Long & Foster

    (302) 841-4200

    6 in this area

    379 Total Sales

    Ashley Brosnahan
    Section Image

  • h

    Seller Co-Listing Agent in 2018

    heather gates

    Long & Foster

    (302) 858-7805

    2 in this area

    134 Total Sales

    heather gates
    Section Image
  • DEB GRIFFIN

    Buyer's Agent in 2018

    DEB GRIFFIN

    Creig Northrop Team of Long & Foster

    (302) 858-3960

    1 in this area

    4 Total Sales

    DEB GRIFFIN
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001577058

Bright MLS

APN: 334-13.00-317.00-1302

Delaware Sussex County Rehoboth Beach 19971

36501 Palm Dr Unit 1302, Rehoboth Beach, DE

Not Listed for Sale

Condos

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