$330,000
SOLD MAY 15, 2024

36507 Palm Dr Unit 2103 Rehoboth Beach, DE 19971

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

Recently Sold

$351 Per Sq Ft

4 Days on Market

Highlights

  • Community Pool
  • Walk-In Closet
  • Ceiling Fan
  • Rehoboth Elementary School Rated A
  • Central Air
  • Heat Pump System

About This Home

As of May 2024

Welcome to your coastal oasis! This stunning 2-bedroom, 2-bath first floor condo offers the perfect blend of luxury and convenience, just minutes away from the sun-kissed shores. Boasting an array of upgrades, including sleek white kitchen cabinetry and durable Pergo Outlast+ flooring, this residence exudes modern elegance. As you step inside, you'll be greeted by an inviting ambiance, with ample natural light streaming through the windows. The open-concept layout seamlessly connects the living room, dining area, and kitchen, providing a versatile space for both relaxation and entertainment. The primary bedroom features its own private ensuite bathroom and spacious walk-in closet complete with shelving, providing plenty of storage space for your belongings. Meanwhile, the second bedroom offers a large closet, ensuring that everyone has their own private retreat. Enjoy the tranquil views of the pond and pool from your screened back porch, where you can unwind and soak in the serenity of your surroundings. With outside access to grassy areas, it's the perfect spot for basking in the coastal breeze. Conveniently located within walking distance to the Rehoboth outlets and a plethora of new restaurants, you'll never be far from entertainment and dining options. Whether you're craving a day of shopping or a gourmet meal, everything you need is right at your fingertips. Don't miss out on the opportunity to make this seaside sanctuary your own. Schedule a viewing today and start living the beach lifestyle you've always dreamed of!

Last Agent to Sell the Property

Tony Little

Iron Valley Real Estate at The Beach

Iron Valley Real Estate at The Beach

Last Buyer's Agent

Melinda Ingram

Jack Lingo - Rehoboth License #RS-0017875

Jack Lingo - Rehoboth

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $624

Year Built

  • Built in 2003

HOA Fees

  • $267 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 941 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-13.00-317.00-2103

Community Details

Overview

  • Association fees include lawn maintenance, management, pool(s), snow removal, trash
  • Low-Rise Condominium
  • Vacassa Condos
  • Palms Of Rehoboth Subdivision
  • Property Manager

Recreation

  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Co-Op

Est. Annual Taxes

$624

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: West of Rt 13
  • Ownership: Cooperative
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-04-11
  • Federal Flood Zone: No
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to your coastal oasis! This stunning 2-bedroom, 2-bath first floor condo offers the perfect blend of luxury and convenience, just minutes away from the sun-kissed shores. Boasting an array of upgrades, including sleek white kitchen cabinetry and durable Pergo Outlast+ flooring, this residence exudes modern elegance. As you step inside, you'll be greeted by an inviting ambiance, with ample natural light streaming through the windows. The open-concept layout seamlessly connects the living room, dining area, and kitchen, providing a versatile space for both relaxation and entertainment. The primary bedroom features its own private ensuite bathroom and spacious walk-in closet complete with shelving, providing plenty of storage space for your belongings. Meanwhile, the second bedroom offers a large closet, ensuring that everyone has their own private retreat. Enjoy the tranquil views of the pond and pool from your screened back porch, where you can unwind and soak in the serenity of your surroundings. With outside access to grassy areas, it's the perfect spot for basking in the coastal breeze. Conveniently located within walking distance to the Rehoboth outlets and a plethora of new restaurants, you'll never be far from entertainment and dining options. Whether you're craving a day of shopping or a gourmet meal, everything you need is right at your fingertips. Don't miss out on the opportunity to make this seaside sanctuary your own. Schedule a viewing today and start living the beach lifestyle you've always dreamed of!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Coop

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Washer, Water Heater, Refrigerator, Oven/Range - Electric
  • Entry Floor: 1
  • Interior Amenities: Ceiling Fan(s), Walk-In Closet(s)
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 941
  • Living Area Sq Ft: 941
  • Price Per Sq Ft: 350.69
  • Above Grade Finished Sq Ft: 941
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 36507

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
  • Spa: No
  • 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: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 800.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Vacassa
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Management, Pool(s), Snow Removal, Trash
  • HOA: No
  • Senior Community: No
  • Community Pool Features: In Ground

Schools

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

Lot Info

  • Land Use Code: 999
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2023
  • Zoning: C-1
  • In City Limits: No

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 567.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 624.00
  • Assessor Parcel Number: 334-13.00-317.00-2103
  • Tax Total Finished Sq Ft: 941
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 05/15/2024

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2024
Closed on
May 14, 2024
Sold by
Young Nancy L
Bought by
Klett David C and Klett Nina S
Seller's Agent
Tony Little
Iron Valley Real Estate at The Beach
Buyer's Agent
Melinda Ingram
Jack Lingo - Rehoboth
List Price
$330,000
Sold Price
$330,000
Total Days on Market
4
Views
61
Current Estimated Value
$338,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,376
Avg. Annual Appreciation
2.59%
Original Mortgage
$230,000
Outstanding Balance
$224,893
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$113,483

Purchase Details

Closed on
May 10, 2012
Sold by
Lawrence O Lawrence O and Homsher Heidi H
Bought by
Young Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.88%
Mortgage Type
Unknown

Map

Range of Values:

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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 Type Sale Price Title Company
Deed $330,000 None Listed On Document
Deed $165,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $230,000 New Conventional
Previous Owner $120,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2024 05/15/24 Sold $330,000 0.0% $351 / Sq Ft
04/11/2024 04/11/24 For Sale $330,000 -- $351 / Sq Ft
Source: Bright MLS

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

Source: Bright MLS

MLS Number: DESU2059582

Bright MLS

APN: 334-13.00-317.00-2103