NOT LISTED FOR SALE

36519 Palm Dr Unit 4204 Rehoboth Beach, DE 19971

Estimated Value: $338,985 - $411,000

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

Last Sold April 28, 2020

Last sale price $215,000 $228 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,260/month

13 Days on Market

Highlights

  • Community Pool
  • Rehoboth Elementary School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of April 2020

Welcome to the Palms, located just outside of downtown Rehoboth. Walk or bike to restaurants, outlets, and the Junction Breakwater Trail! This two bedroom, two bath unit is clean, bright and freshly painted. The kitchen features a breakfast bar which opens to the dining and living room, ideal for entertaining. Enjoy the screened porch which overlooks the community pool for those summer nights after a day at the beach. Unit is being sold partially furnished and has a proven rental history.

Last Agent to Sell the Property

Bryce Lingo

(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 03/02/2020

Jack Lingo - Rehoboth

Co-Listed By

JESSICA BRADLEY

(302) 245-7927 jessica@rbre.com Jack Lingo - Rehoboth License #RS-0015408

Last Buyer's Agent

Thomas Wright

(302) 932-3317 wrightrealestatede@gmail.com EXP Realty, LLC License #RS-0024399

EXP Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $595

Year Built

  • Built in 2003

Lot Details

  • 3,659

HOA Fees

  • $267 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 941 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Paved Parking
  • Parking Lot

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 334-13.00-317.00-4204

Community Details

Overview

  • Association fees include exterior building maintenance, pool(s), common area maintenance
  • Low-Rise Condominium
  • Palms Of Rehoboth Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$595

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
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Levels Count: 3+
  • Basement: No
  • Total Sq Ft: 941
  • Living Area Sq Ft: 941
  • Price Per Sq Ft: 233.69
  • Above Grade Finished Sq Ft: 941
  • 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, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking
  • 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
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Unknown
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 3200.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Pool(s), Common Area Maintenance
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Zoning: C-1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 538.00
  • Tax Annual Amount: 595.00
  • Assessor Parcel Number: 334-13.00-317.00-4204
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2020
Closed on
Apr 23, 2020
Sold by
Grealy Timothy J and Grealy Kathleen T
Bought by
Wyre Candace
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Thomas Wright
EXP Realty, LLC
List Price
$219,900
Sold Price
$215,000
Premium/Discount to List
-$4,900
-2.23%
Current Estimated Value
$370,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,248
Avg. Annual Appreciation
9.82%
Original Mortgage
$208,550
Outstanding Balance
$184,399
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$179,847
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Wyre Candace $215,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wyre Candace $208,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/28/2020 04/28/20 Sold $215,000 -2.2% $228 / Sq Ft
03/15/2020 03/15/20 Pending -- -- --
03/02/2020 03/02/20 For Sale $219,900 +23.6% $234 / Sq Ft
06/17/2016 06/17/16 Sold $177,900 -1.1% $178 / Sq Ft View Prior Sale
05/14/2016 05/14/16 Pending -- -- --
05/05/2016 05/05/16 For Sale $179,900 -- $180 / 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 $539 $12,650 $0 $12,650
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

  • Bryce Lingo

    Seller's Agent in 2020

    Bryce Lingo

    Jack Lingo - Rehoboth

    (302) 226-6417

    176 in this area

    325 Total Sales

    Bryce Lingo
    Section Image
  • JESSICA BRADLEY

    Seller Co-Listing Agent in 2020

    JESSICA BRADLEY

    Jack Lingo - Rehoboth

    (302) 245-7927

    18 in this area

    47 Total Sales

    JESSICA BRADLEY
    Section Image
  • Thomas Wright

    Buyer's Agent in 2020

    Thomas Wright

    EXP Realty, LLC

    (302) 932-3317

    23 Total Sales

    Thomas Wright
    Section Image
  • Skip Faust

    Seller's Agent in 2016

    Skip Faust

    Coldwell Banker Premier - Rehoboth

    (302) 745-8764

    30 in this area

    153 Total Sales

    Skip Faust
    Section Image

  • R

    Seller Co-Listing Agent in 2016

    REGINA LUNDEEN

    RE/MAX

  • M

    Buyer's Agent in 2016

    MARIYA OLDFATHER GROUP

    Compass

    (302) 249-6665

    34 in this area

    123 Total Sales

    MARIYA OLDFATHER GROUP
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU156950

Bright MLS

APN: 334-13.00-317.00-4204

Delaware Sussex County Rehoboth Beach 19971

36519 Palm Dr Unit 4204, Rehoboth Beach, DE

Not Listed for Sale

Condos

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