NOT LISTED FOR SALE

36501 Palm Dr Unit 1304 Rehoboth Beach, DE 19971

Estimated Value: $249,000 - $404,000

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

Last Sold February 03, 2021

Last sale price $230,000 $244 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,066/month

4 Days on Market

Highlights

  • Community Pool
  • Ceramic Tile Flooring
  • Dogs and Cats Allowed
  • Rehoboth Elementary School Rated A
  • Forced Air Heating and Cooling System
  • Northwest Facing Home

About This Home

As of February 2021

A few minutes to the beach, the boardwalk, the Breakwater Trail, shopping, and plenty of restaurants. On the third floor with big views of the pond and the pool from the screened porch. Bright, custom beachy colors. Ceramic tile in the kitchen and both bathrooms. Awesome rental potential if that's your goal. Very clean, shows nicely. Furniture not included.

Last Agent to Sell the Property

Martin West

Bryan Realty Group License #RS-0019117 Listed on: 12/18/2020

Last Buyer's Agent

Joyce Kendall

Keller Williams Realty License #RS-0024926

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $617

Year Built

  • Built in 2003

Lot Details

  • Northwest Facing Home

HOA Fees

  • $267 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Frame Construction

Interior Spaces

  • 941 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 334-13.00-317.00-1304

Community Details

Overview

  • Association fees include lawn maintenance, common area maintenance, exterior building maintenance, road maintenance, trash
  • Low-Rise Condominium
  • Palms Of Rehoboth Subdivision

Amenities

  • Common Area

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$617

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
  • Remarks Public: A few minutes to the beach, the boardwalk, the Breakwater Trail, shopping, and plenty of restaurants. On the third floor with big views of the pond and the pool from the screened porch. Bright, custom beachy colors. Ceramic tile in the kitchen and both bathrooms. Awesome rental potential if that's your goal. Very clean, shows nicely. Furniture not included.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Flooring Type: Carpet, Ceramic Tile
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 941
  • Living Area Sq Ft: 941
  • Price Per Sq Ft: 233.79
  • 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
  • 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
  • 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: 3200.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Common Grounds, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Common Area Maintenance, Ext Bldg Maint, Road Maintenance, Trash
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Fenced, In Ground

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 12650.00
  • Land Assessed Value: 500.00
  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2020
  • Zoning: C-1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5192887
  • School Tax: 559.00
  • Tax Annual Amount: 617.00
  • Assessor Parcel Number: 334-13.00-317.00-1304
  • Tax Total Finished Sq Ft: 941
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 02/03/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2020
Closed on
Jan 15, 2021
Sold by
Sperling Joanna
Bought by
Ozkanca Oya and Ozkanca Kemal
Seller's Agent
Martin West
Bryan Realty Group
Buyer's Agent
Joyce Kendall
Keller Williams Realty
List Price
$220,000
Sold Price
$230,000
Premium/Discount to List
$10,000
4.55%
Current Estimated Value
$320,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,341
Avg. Annual Appreciation
8.75%
Original Mortgage
$184,000
Outstanding Balance
$165,930
Interest Rate
2.65%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$171,266

Purchase Details

Closed on
Nov 18, 2020
Sold by
Twohig Declan and Sperling Joanna
Bought by
Sperling Joanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Outstanding Balance
$165,930
Interest Rate
2.65%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$171,266
Source: Public Records

Range of Values:

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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
Ozkanca Oya $230,000 None Available
Sperling Joanna -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ozkanca Oya $184,000
Previous Owner Silvester Nancy A $161,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2021 02/03/21 Sold $230,000 +4.5% $244 / Sq Ft
12/22/2020 12/22/20 Pending -- -- --
12/18/2020 12/18/20 For Sale $220,000 +33.3% $234 / Sq Ft
11/13/2015 11/13/15 Sold $165,000 -7.8% $175 / Sq Ft
10/19/2015 10/19/15 Pending -- -- --
07/06/2015 07/06/15 For Sale $178,900 -- $190 / 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 $619 $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

  • Martin West

    Seller's Agent in 2021

    Martin West

    Bryan Realty Group

    (302) 562-3016

    11 in this area

    63 Total Sales

    Martin West
    Section Image
  • Joyce Kendall

    Buyer's Agent in 2021

    Joyce Kendall

    Keller Williams Realty

    (302) 212-8502

    5 in this area

    68 Total Sales

    Joyce Kendall
    Section Image
  • Shirley Kalvinsky

    Seller's Agent in 2015

    Shirley Kalvinsky

    Jack Lingo - Rehoboth

    (302) 227-3883

    38 in this area

    80 Total Sales

    Shirley Kalvinsky
    Section Image
  • Randy Mason

    Seller Co-Listing Agent in 2015

    Randy Mason

    Jack Lingo - Rehoboth

    (302) 236-1142

    83 in this area

    112 Total Sales

    Randy Mason
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU174916

Bright MLS

APN: 334-13.00-317.00-1304

Delaware Sussex County Rehoboth Beach 19971

36501 Palm Dr Unit 1304, Rehoboth Beach, DE

This home is located at 36501 Palm Dr Unit 1304, Rehoboth Beach, DE 19971 since 18 December 2020 and is currently estimated at $320,341, approximately $340 per square foot. This property was built in 2003. 36501 Palm Dr Unit 1304 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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