NOT LISTED FOR SALE

36519 Palm Dr Unit 4206 Rehoboth Beach, DE 19971

Estimated Value: $318,000 - $476,000

3 Beds
2 Baths
1,426 Sq Ft
$267/mo HOA Fee

Last Sold December 17, 2020

Last sale price $280,000 $196 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,596/month

22 Days on Market

Highlights

  • Community Pool
  • Central Air
  • Carpet
  • Rehoboth Elementary School Rated A
  • Ceiling Fan
  • Heat Pump System

About This Home

As of December 2020

This home is located at 36519 Palm Dr Unit 4206, Rehoboth Beach, DE 19971 since 08 October 2020 and is currently estimated at $406,435, approximately $285 per square foot. This property was built in 2003. 36519 Palm Dr Unit 4206 is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

Last Agent to Sell the Property

BROWN THAWLEY

Mann & Sons, Inc. Listed on: 10/08/2020

Last Buyer's Agent

Mitch Selbiger

Monument Sotheby's International Realty License #RA-0003297

Monument Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $819

Year Built

  • Built in 2003

HOA Fees

  • $267 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,426 Sq Ft Home
  • Property has 4 Levels
  • Ceiling Fan
  • Carpet
  • Partial Basement

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-13.00-317.00-4206

Community Details

Overview

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

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$819

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
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Oven - Self Cleaning, Oven/Range - Electric, Washer, Water Heater
  • Entry Floor: 3
  • Interior Amenities: Carpet, Ceiling Fan(s)
  • Levels Count: 4
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 1426
  • Living Area Sq Ft: 1426
  • Price Per Sq Ft: 210.31
  • Above Grade Finished Sq Ft: 1426
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 36519

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • 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

Condo/Co-op/Association

  • HOA Fees: 800.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Ext Bldg Maint, Pool(s), Road Maintenance, Trash
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Concrete

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: RC
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2020
  • Zoning: C-1
  • In City Limits: No

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5192922
  • School Tax: 742.00
  • Tax Annual Amount: 819.00
  • Assessor Parcel Number: 334-13.00-317.00-4206
  • Tax Total Finished Sq Ft: 1426
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 12/17/2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2020
Closed on
Dec 17, 2020
Sold by
Thawley Beverly
Bought by
Armstrong Teresa P and Solomon Dana D
Seller's Agent
BROWN THAWLEY
Mann & Sons, Inc.
Buyer's Agent
Mitch Selbiger
Monument Sotheby's International Realty
List Price
$299,900
Sold Price
$280,000
Premium/Discount to List
-$19,900
-6.64%
Total Days on Market
22
Current Estimated Value
$406,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,435
Avg. Annual Appreciation
7.51%
Original Mortgage
$238,000
Outstanding Balance
$175,874
Interest Rate
2.2%
Mortgage Type
New Conventional
Estimated Equity
$212,767
Source: Public Records

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Range of Values:

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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
Armstrong Teresa P $280,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armstrong Teresa P $238,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2020 12/17/20 Sold $280,000 -6.6% $196 / Sq Ft
10/30/2020 10/30/20 Pending -- -- --
10/08/2020 10/08/20 For Sale $299,900 -- $210 / 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 $885 $17,450 $0 $17,450
2023 $884 $17,450 $0 $17,450
2022 $853 $17,450 $0 $17,450
2021 $845 $17,450 $0 $17,450
2020 $843 $17,450 $0 $17,450
2019 $844 $17,450 $0 $17,450
2018 $788 $17,950 $0 $0
2017 $755 $17,950 $0 $0
2016 $717 $17,950 $0 $0
2015 $685 $17,950 $0 $0
2014 $680 $17,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    BROWN THAWLEY

    Mann & Sons, Inc.

    Section Image
  • Mitch Selbiger

    Buyer's Agent in 2020

    Mitch Selbiger

    OCEAN ATLANTIC SOTHEBYS

    (410) 274-3479

    36 in this area

    63 Total Sales

    Mitch Selbiger
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU170970

Bright MLS

APN: 334-13.00-317.00-4206

Delaware Sussex County Rehoboth Beach 19971

36519 Palm Dr Unit 4206, Rehoboth Beach, DE

This home is located at 36519 Palm Dr Unit 4206, Rehoboth Beach, DE 19971 since 08 October 2020 and is currently estimated at $406,435, approximately $285 per square foot. This property was built in 2003. 36519 Palm Dr Unit 4206 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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