NOT LISTED FOR SALE

36525 Palm Dr Unit 5206 Rehoboth Beach, DE 19971

Estimated Value: $414,787 - $591,000

3 Beds
2 Baths
1,426 Sq Ft
$330/Sq Ft Est. Value

Last Sold March 23, 2017

Last sale price $214,000 $150 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $2,821/month

88 Days on Market

Highlights

  • Deck
  • Open Floorplan
  • Breakfast Area or Nook
  • Rehoboth Elementary School Rated A
  • Community Pool
  • Porch

About This Home

As of March 2017

The home is a Fannie Mae Homepath property and is a Spacious and Bright End Unit condo with 3 bedrooms, 2 bathrooms, a screen porch and an open deck. Not only is there plenty of space for your and your family but it is also located conveniently to shopping, bike trails, restaurants and all within walking distance. New HVAC installed Dec 2016

Last Agent to Sell the Property

Anthony Sacco

(302) 703-7141 saccoa71@aol.com RE/MAX Associates Listed on: 11/18/2016

RE/MAX Associates

Co-Listed By

MICHELE BARONE

(302) 703-7141 baronem34@yahoo.com RE/MAX Associates

Last Buyer's Agent

Tyson Mayers

(302) 542-3967 tysonmayers@gmail.com Keller Williams Realty

Keller Williams Realty

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2005

HOA Fees

  • $285 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,426 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Window Treatments
  • Window Screens
  • Open Floorplan

Kitchen

  • Breakfast Area or Nook
  • Kitchen Island

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Screened Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-13.00-317.00-5206

Community Details

Overview

  • Palms Of Rehoboth Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Year Built

Built in 2005

Lot Details

0

HOA Fees

$285 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Appliances: Water Heater
  • Entry Floor: 2
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Breakfast Area, Kitchen - Island, Combination Kitchen/Dining, Combination Kitchen/Living, Entry Level Bedroom, Ceiling Fan(s), Window Treatments
  • Window Features: Screens
  • Fireplace: No
  • Foundation Details: Block
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1426
  • Living Area Sq Ft: 1426
  • Net Sq Ft: 1426.00
  • Price Per Sq Ft: 150.70
  • Above Grade Finished Sq Ft: 1426
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Roof: Shingle, Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 3420.00
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Swimming Pool
  • HOA: No
  • Association Recreation Fee: No

Lot Info

  • Lot Size Units: Acres
  • Outdoor Living Structures: Deck(s), Porch(es), Screened
  • Zoning Description: AGRICULTURAL/RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5192940
  • Assessor Parcel Number: 334-13.00-317.00-5206
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2016
Closed on
Mar 20, 2017
Sold by
Fannie Mae
Bought by
Richards Juanita M and Richards Michael Scott
Seller's Agent
Anthony Sacco
RE/MAX Associates
Buyer's Agent
Tyson Mayers
Keller Williams Realty
List Price
$253,900
Sold Price
$214,000
Premium/Discount to List
-$39,900
-15.71%
Current Estimated Value
$469,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,947
Avg. Annual Appreciation
9.45%
Original Mortgage
$192,600
Outstanding Balance
$159,670
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$310,277

Purchase Details

Listed on
Nov 18, 2016
Closed on
Mar 7, 2017
Sold by
Sheriff Of Sussex County
Bought by
Federal National Mortgage Association
Seller's Agent
Anthony Sacco
RE/MAX Associates
Buyer's Agent
Tyson Mayers
Keller Williams Realty
List Price
$253,900
Sold Price
$214,000
Premium/Discount to List
-$39,900
-15.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,600
Outstanding Balance
$159,670
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$310,277

Purchase Details

Closed on
Apr 9, 2014
Sold by
Todd Todd and Sayag Gue Bella
Bought by
Sayag Gue Bella
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
Richards Juanita M -- None Available
Federal National Mortgage Association $22,000 None Available
Sayag Gue Bella -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richards Juanita M $192,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2017 03/23/17 Sold $214,000 -15.7% $150 / Sq Ft
02/14/2017 02/14/17 Pending -- -- --
11/18/2016 11/18/16 For Sale $253,900 -- $178 / 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 $765 $17,450 $0 $17,450
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

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Map

Source: Bright MLS

MLS Number: 1001023576

Bright MLS

APN: 334-13.00-317.00-5206