RENTED NOV 6, 2025

36525 Palm Dr Unit 5205 Rehoboth Beach, DE 19971

Estimated Value: $354,339 - $459,000

2 Beds
2 Baths
1,092 Sq Ft
5.74 Acres

Last Sold March 08, 2022

Last sale price $300,000 $275 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,094/month

Highlights

  • 5.74 Acre Lot
  • Furnished
  • Property is in very good condition
  • Rehoboth Elementary School Rated A
  • Community Pool
  • Heat Pump System

About This Home

As of November 2025

Located a mere 2 miles to the beach and walking distance to area shopping and restaurants. This condo and complex has something for everyone. The condo is open and spacious with a primary bedroom and bathroom and guest bedroom and bath. The kitchen opens into the dining and living area that opens onto the screened in porch. You will enjoy those summer nights out on the porch! Do you enjoy laying by the pool? Well you are in luck, there is a wonderful community pool. This unit is located on the second floor and there is off street parking at the community for 2 cars. All utilities are included in the rental fee.

Last Agent to Rent the Property

CARLA L.H. RIDDLE

(302) 841-0984 challriddle@cbanker.com Coldwell Banker Premier - Rehoboth Listed on: 10/02/2025

Coldwell Banker Premier - Rehoboth

Last Renter's Agent

Mr. Joseph E Gallagher

(302) 227-5000 jgallagher@cbanker.com Coldwell Banker Premier - Rehoboth

Coldwell Banker Premier - Rehoboth

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2003

Lot Details

  • Property is in very good condition

Home Design

  • Entry on the 2nd floor
  • Stick Built Home

Interior Spaces

  • 1,092 Sq Ft Home
  • Property has 1 Level
  • Furnished

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot

Utilities

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

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,000
  • The owner pays for all utilities
  • No Smoking Allowed
  • 12-Month Lease Term
  • Available 11/1/25
  • $45 Application Fee
  • Assessor Parcel Number 334-13.00-317.00-5205

Community Details

Overview

  • $115 Other One-Time Fees
  • Low-Rise Condominium
  • The Palms Subdivision

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Year Built

Built in 2003

Lot Details

0

Rental Info

  • Date Available: 2025-11-01
  • Application Fee: 45.00
  • Furnished: Yes
  • Owner Pays: All Utilities
  • Pets Allowed: No
  • Security Deposit: 2000.00
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Max Lease in Months: 12
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: Between Rt 1 & 113
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2003
  • Automatically Close On Close Date: Yes
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer
  • Entry Floor: 2
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1092
  • Living Area Sq Ft: 1092
  • Price Per Sq Ft: 1.92
  • 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
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • 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

  • Senior Community: No

Fee Information

  • Other Fees: 115.00
  • Other Fees Frequency: One Time

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 5.74
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 250034.00
  • Property Condition: Very Good
  • Zoning: C-1

Tax Info

  • Assessor Parcel Number: 334-13.00-317.00-5205

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2014
Closed on
Dec 30, 2014
Sold by
Richard E Richard E
Bought by
Day Jon and Petrola Thomas
Seller's Agent
Henry Jaffe
Monument Sotheby's International Realty
Buyer's Agent
Matt Brittingham
Patterson-Schwartz-Rehoboth
List Price
$165,000
Sold Price
$165,000
Current Estimated Value
$388,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,835
Avg. Annual Appreciation
8.14%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Day Jon $165,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/06/2025 11/06/25 Rented $2,100 0.0% --
10/29/2025 10/29/25 Under Contract -- -- --
10/29/2025 10/29/25 Price Changed $2,100 +5.0% $2 / Sq Ft
10/02/2025 10/02/25 For Rent $2,000 0.0% --
03/08/2022 03/08/22 Sold $300,000 +1.7% $275 / Sq Ft View Prior Sale
01/31/2022 01/31/22 Pending -- -- --
01/28/2022 01/28/22 For Sale $295,000 +78.8% $270 / Sq Ft
12/31/2014 12/31/14 Sold $165,000 0.0% -- View Prior Sale
11/18/2014 11/18/14 Pending -- -- --
04/02/2014 04/02/14 For Sale $165,000 -- --
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

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Map

Source: Bright MLS

MLS Number: DESU2098046

Bright MLS

APN: 334-13.00-317.00-5205