$325,900
SOLD FEB 21, 2023

36519 Palm Dr Unit 4102 Rehoboth Beach, DE 19971

2 Beds
2 Baths
1,092 Sq Ft
$267/mo HOA Fee

Recently Sold

$298 Per Sq Ft

5% Above List Price

2 Days on Market

Highlights

  • Open Floorplan
  • Main Floor Bedroom
  • Community Pool
  • Rehoboth Elementary School Rated A
  • Furnished
  • Breakfast Area or Nook

About This Home

As of February 2023

Welcome to beach life at The Palms! This fabulous beach getaway in Rehoboth is centrally located in the midst of all that the town has to offer. This unit boasts an open floor plan with a comfortable living area suitable for entertaining guests. The kitchen is spacious, including abundant natural lighting, a breakfast bar, separate dining area, and additional seating options. There are two full-size bathrooms. Both bathrooms offer privacy to family and guests. Stepping outside you will be greeted by a porch overlooking a resort-like outdoor pool centered over a beautiful pond! This first floor unit offers easy access in and out of the building with no need to climb stairs. The Palms community provides plentiful parking. You will absolutely love this resort oasis, including its prime shopping and upscale dining location. The Palms community has direct access to Rt. 1 South and downtown Rehoboth and Dewey Beaches. This luxurious unit is the only 2 bed/2 bath unit currently available within highly sought after Palms development. Sold fully furnished. If you choose to rent, this unit has excellent weekly, seasonal or year-round rental potential. Hurry, this unit won't last long.

Last Agent to Sell the Property

Amy Coy

Berkshire Hathaway HomeServices PenFed Realty - OP License #RS0036940 Listed on: 01/27/2023

Berkshire Hathaway HomeServices PenFed Realty - OP

Last Buyer's Agent

CELIA BENJAMIN

Northrop Realty

Northrop Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $668

Year Built

  • Built in 2003

HOA Fees

  • $267 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,092 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Furnished
  • Bar
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Kitchen and Dining Room

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-13.00-317.00-4102

Community Details

Overview

  • $650 Capital Contribution Fee
  • Association fees include common area maintenance, lawn maintenance, trash, snow removal
  • Low-Rise Condominium
  • Condo Phone (302) 462-5546
  • Palms Of Rehoboth Subdivision
  • Property Manager

Amenities

  • Common Area

Recreation

  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$668

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
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • Exclusions: Staging items to be removed when under contract: Porch: Rug, 4 white placemats, 4 sets of aqua dishes, flamingo, 4 wine glasses filled with shells Bedroom #1: White quilt, Flamingo folded quilt, 2 pillows with shams, wicker breakfast tray, 2 metal flaming
  • Home Warranty: No
  • Inclusions: All furnishings
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-01-27
  • Federal Flood Zone: No
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to beach life at The Palms! This fabulous beach getaway in Rehoboth is centrally located in the midst of all that the town has to offer. This unit boasts an open floor plan with a comfortable living area suitable for entertaining guests. The kitchen is spacious, including abundant natural lighting, a breakfast bar, separate dining area, and additional seating options. There are two full-size bathrooms. Both bathrooms offer privacy to family and guests. Stepping outside you will be greeted by a porch overlooking a resort-like outdoor pool centered over a beautiful pond! This first floor unit offers easy access in and out of the building with no need to climb stairs. The Palms community provides plentiful parking. You will absolutely love this resort oasis, including its prime shopping and upscale dining location. The Palms community has direct access to Rt. 1 South and downtown Rehoboth and Dewey Beaches. This luxurious unit is the only 2 bed/2 bath unit currently available within highly sought after Palms development. Sold fully furnished. If you choose to rent, this unit has excellent weekly, seasonal or year-round rental potential. Hurry, this unit won't last long.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 1
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Entry Level Bedroom, Bar, Combination Kitchen/Dining, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Window Treatments
  • Window Features: Screens, Double Pane
  • Fireplace: No
  • Door Features: Sliding Glass
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1092
  • Living Area Sq Ft: 1092
  • Price Per Sq Ft: 282.97
  • Above Grade Finished Sq Ft: 1092
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 36519

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 - Electric Backup
  • 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
  • Condo Co-Op Phone: (302) 462-5546
  • HOA Condo Co-Op Amenities: Common Grounds, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Trash, Snow Removal
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 650.00

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 999
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2022
  • Zoning: C-1
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5192912
  • School Tax: 605.00
  • Tax Annual Amount: 668.00
  • Assessor Parcel Number: 334-13.00-317.00-4102
  • Tax Total Finished Sq Ft: 1092
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 02/21/2023

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2023
Closed on
Feb 11, 2023
Sold by
Blades Leonard
Bought by
Strasbaugh Brent E and Wengryn Eric P
Seller's Agent
Amy Coy
Berkshire Hathaway HomeServices PenFed Realty - OP
Buyer's Agent
CELIA BENJAMIN
Northrop Realty
List Price
$309,000
Sold Price
$325,900
Premium/Discount to List
$16,900
5.47%
Views
61
Current Estimated Value
$363,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,158
Avg. Annual Appreciation
4.25%
Original Mortgage
$260,720
Outstanding Balance
$253,080
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$107,669

Purchase Details

Listed on
May 13, 2014
Closed on
Aug 14, 2014
Sold by
Homsher Andrew J and Homsher Eatha L
Bought by
Blades Leonard and Blades Susan Marie
Seller's Agent
Susan Giove
Mann & Sons, Inc.
Buyer's Agent
MARIYA OLDFATHER GROUP
Compass
List Price
$165,000
Sold Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.35%
Original Mortgage
$130,500
Interest Rate
4.12%
Mortgage Type
Unknown
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 Type Sale Price Title Company
Deed $325,900 --
Deed $165,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $260,720 New Conventional
Previous Owner $102,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $130,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2023 02/21/23 Sold $325,900 +5.5% $298 / Sq Ft
01/30/2023 01/30/23 Pending -- -- --
01/27/2023 01/27/23 For Sale $309,000 +87.3% $283 / Sq Ft
08/29/2014 08/29/14 Sold $165,000 0.0% $151 / Sq Ft
07/15/2014 07/15/14 Pending -- -- --
05/13/2014 05/13/14 For Sale $165,000 -- $151 / 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 $684 $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

  • Amy Coy

    Seller's Agent in 2023

    Amy Coy

    Berkshire Hathaway HomeServices PenFed Realty - OP

    (302) 841-1105

    2 in this area

    54 Total Sales

    Section Image

  • C

    Buyer's Agent in 2023

    CELIA BENJAMIN

    Creig Northrop Team of Long & Foster

    (301) 370-7588

    8 in this area

    51 Total Sales

    Section Image
  • Susan Giove

    Seller's Agent in 2014

    Susan Giove

    Mann & Sons, Inc.

    (302) 841-5331

    19 in this area

    53 Total Sales

    Section Image

  • M

    Buyer's Agent in 2014

    MARIYA OLDFATHER GROUP

    Compass

    (302) 249-6665

    52 in this area

    165 Total Sales

    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2034866

Bright MLS

APN: 334-13.00-317.00-4102

Delaware Sussex County Rehoboth Beach 19971

36519 Palm Dr Unit 4102, Rehoboth Beach, DE

This home is located at 36519 Palm Dr Unit 4102, Rehoboth Beach, DE 19971 and is currently priced at $325,900, approximately $298 per square foot. This property was built in 2003. 36519 Palm Dr Unit 4102 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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