$215,000
SOLD APR 28, 2020

36519 Palm Dr Unit 4204 Rehoboth Beach, DE 19971

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

Recently Sold

$228 Per Sq Ft

2% Below List Price

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

Jack Lingo - Rehoboth License #RA-0001746 Listed on: 03/02/2020

Jack Lingo - Rehoboth

Co-Listed By

JESSICA BRADLEY

Jack Lingo - Rehoboth License #RS-0015408

Last Buyer's Agent

Thomas Wright

EXP Realty, LLC License #RS-0024399

EXP Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $595

Year Built

  • Built in 2003

HOA Fees

  • $267 Monthly HOA Fees

Home Design

  • 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
  • Remarks Public: 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.
  • 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
  • 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
  • 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: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2019
  • 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
  • Tax Total Finished Sq Ft: 941
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 04/28/2020

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
$331,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,453
Avg. Annual Appreciation
9.16%
Original Mortgage
$208,550
Outstanding Balance
$186,013
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$154,623
Source: Public Records

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 $215,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $208,550 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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

    193 in this area

    376 Total Sales

    Bryce Lingo
    Section Image
  • JESSICA BRADLEY

    Seller Co-Listing Agent in 2020

    JESSICA BRADLEY

    Jack Lingo - Rehoboth

    (302) 245-7927

    26 in this area

    61 Total Sales

    JESSICA BRADLEY
    Section Image
  • Thomas Wright

    Buyer's Agent in 2020

    Thomas Wright

    EXP Realty, LLC

    (302) 932-3317

    31 Total Sales

    Thomas Wright
    Section Image
  • Skip Faust

    Seller's Agent in 2016

    Skip Faust

    Coldwell Banker Premier - Rehoboth

    (302) 745-8764

    29 in this area

    158 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

    52 in this area

    167 Total Sales

    MARIYA OLDFATHER GROUP
    Section Image
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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

This home is located at 36519 Palm Dr Unit 4204, Rehoboth Beach, DE 19971 and is currently priced at $215,000, approximately $228 per square foot. This property was built in 2003. 36519 Palm Dr Unit 4204 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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