NOT LISTED FOR SALE

36501 Palm Dr Unit 1302 Rehoboth Beach, DE 19971

Estimated Value: $233,759 - $395,000

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. 82% increase in value since last sale

Current estimated payment $2,245/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

Long & Foster Real Estate, Inc. License #639698 Listed on: 05/03/2018

Long & Foster Real Estate, Inc.

Co-Listed By

heather gates

Long & Foster Real Estate, Inc. License #RS-0023225

Last Buyer's Agent

DEB GRIFFIN

Northrop Realty License #RA-0003575

Northrop Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $717

Year Built

  • Built in 2002

HOA Fees

  • $267 Monthly HOA Fees

Home Design

  • 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

Est. Annual Taxes

$717

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
  • Remarks Public: 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!
  • 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
  • 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
  • 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

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

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
  • Close Date: 06/15/2018

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
$345,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,690
Avg. Annual Appreciation
9.24%
Original Mortgage
$152,000
Outstanding Balance
$129,258
Interest Rate
3.7%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$224,753

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

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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
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 Change Sq Ft Price
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
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

    5 in this area

    416 Total Sales

    Ashley Brosnahan
    Section Image

  • h

    Seller Co-Listing Agent in 2018

    heather gates

    Long & Foster

    (302) 858-7805

    2 in this area

    146 Total Sales

    heather gates
    Section Image
  • DEB GRIFFIN

    Buyer's Agent in 2018

    DEB GRIFFIN

    Creig Northrop Team of Long & Foster

    (302) 858-3960

    5 in this area

    11 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

This home is located at 36501 Palm Dr Unit 1302, Rehoboth Beach, DE 19971 since 03 May 2018 and is currently estimated at $345,690, approximately $324 per square foot. This property was built in 2002. 36501 Palm Dr Unit 1302 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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