NOT LISTED FOR SALE

36525 Palm Dr Unit 5105 Rehoboth Beach, DE 19971

Estimated Value: $354,986 - $451,000

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

Last Sold April 22, 2022

Last sale price $295,000 $270 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,341/month

2 Days on Market

Highlights

  • Pond View
  • 5.74 Acre Lot
  • Breakfast Area or Nook
  • Rehoboth Elementary School Rated A
  • Community Pool
  • Enclosed Patio or Porch

About This Home

As of April 2022

Enjoy life at the beach with a condo at The Palms of Rehoboth Beach. Located minutes from the heart of downtown Rehoboth Beach, the beach, boardwalk, and restaurants, this cozy, rarely available, GROUND FLOOR spacious two bedroom, two bath condo with an open concept kitchen and living room would make a perfect home away from home, vacation rental, or both! Enjoy the screen enclosed porch and have a cup of coffee in the morning overlooking the ponds and gorgeous foundations. After relaxing in the morning on a summer’s day, take a short walk to the community pool. Don’t miss an opportunity to own at the beach!

Last Agent to Sell the Property

Dave McCarthy

(302) 650-0820 dave@reinrb.com Dave McCarthy & Associates, Inc. Listed on: 04/09/2022

Co-Listed By

Winifred Kee

(302) 236-7704 wnnwhite@gmail.com NextHome Tomorrow Realty

Last Buyer's Agent

Theresa Cappuccino

(609) 515-5820 delawarebeach@yahoo.com SEA BOVA ASSOCIATES INC. License #0014714

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $662

Year Built

  • Built in 2003

Lot Details

  • 5.74

HOA Fees

  • $267 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,092 Sq Ft Home
  • Property has 1 Level
  • Bar
  • Pond Views
  • Stacked Electric Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-13.00-317.00-5105

Community Details

Overview

  • $600 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, pool(s), snow removal, trash
  • Low-Rise Condominium
  • Palms Of Rehoboth Subdivision
  • Property Manager

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$662

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: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Microwave, Oven/Range - Electric, Washer, Washer/Dryer Stacked, Water Heater, Refrigerator
  • Entry Floor: 1
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Bar, Breakfast Area
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1092
  • Living Area Sq Ft: 1092
  • Price Per Sq Ft: 256.41
  • Above Grade Finished Sq Ft: 1092
  • 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: Stick Built, Vinyl Siding
  • Exterior Features: Sidewalks
  • Roof: Asphalt, Shingle
  • View: Pond
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Central, Heat Pump(s)
  • 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
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Pool(s), Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 600.00

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 5.74
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 250034.00
  • Outdoor Living Structures: Enclosed, Patio(s), Porch(es), Screened
  • Zoning: C-1
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5192933
  • School Tax: 599.00
  • Tax Annual Amount: 662.00
  • Assessor Parcel Number: 334-13.00-317.00-5105
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2003
Bought by
Brown Brenda J
Current Estimated Value
$384,997
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Brown Brenda J $182,400 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2022 04/22/22 Sold $295,000 +5.4% $270 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
04/09/2022 04/09/22 For Sale $280,000 -- $256 / 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 $590 $14,050 $0 $14,050
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

  • Dave McCarthy

    Seller's Agent in 2022

    Dave McCarthy

    Dave McCarthy & Associates, Inc.

    (302) 650-0820

    21 in this area

    35 Total Sales

    Dave McCarthy
    Section Image

  • W

    Seller Co-Listing Agent in 2022

    Winifred Kee

    NextHome Tomorrow Realty

    (302) 236-7704

    4 in this area

    15 Total Sales

    Winifred Kee
    Section Image

  • T

    Buyer's Agent in 2022

    Theresa Cappuccino

    SEA BOVA ASSOCIATES INC.

    (609) 515-5820

    31 in this area

    94 Total Sales

    Theresa Cappuccino
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU2019590

Bright MLS

APN: 334-13.00-317.00-5105

Delaware Sussex County Rehoboth Beach 19971

36525 Palm Dr Unit 5105, Rehoboth Beach, DE

Not Listed for Sale

Condos

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