NOT LISTED FOR SALE

36525 Palm Dr Unit 5302 Rehoboth Beach, DE 19971

Estimated Value: $351,794 - $451,000

2 Beds
2 Baths
1,064 Sq Ft
$267/mo HOA Fee

Last Sold June 18, 2021

Last sale price $275,000 $258 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,340/month

2 Days on Market

Highlights

  • 5.74 Acre Lot
  • Open Floorplan
  • Community Pool
  • Rehoboth Elementary School Rated A
  • Screened Porch
  • Balcony

About This Home

As of June 2021

Beach living at its best! Lovely 2-bed, 2-bath condo in the Palms of Rehoboth on the third floor with a great view of the pool and fountain. This quiet unit has plenty of light, and features tile floors in the foyer and kitchen and easy-care, wood-tone laminate floors throughout the rest of the home. Relax in the roomy open dining/living space with breakfast bar and a cozy gas fireplace. Living area opens to a screened porch and an open balcony for amazing sunset viewing! Great for entertaining, enjoying your morning coffee or taking in the evening air. Guest bath has tub/shower and tile floor, and the master features a walk-in closet and ensuite bath with shower. Both bedrooms sport remote controlled ceiling fans for added comfort. This well-cared-for home can be your own private oasis, just a bike ride from Rehoboth Beach, and steps away from Tanger Outlet shopping, fine dining and instant access to Rt. 1 South and all its beachy amenities. You’ll love the easy access to all conveniences, including a Rehoboth Beach bus stop at the entrance on Palm Drive. The 201 Bus operates from 6:00 am to 10:00 pm Monday-Saturday. Walk or bike across Rt 1 to the beautiful Junction & Breakwater trail system. This home is owner occupied and not currently rented but would be an ideal location for a vacation home, permanent residence or rental property. This property also includes a one-year home warranty provided by the seller. Priced to move, this unit won’t last long—schedule your private tour today!

Last Agent to Sell the Property

APRYL PARCHER

(443) 553-3658 aprylparcher@gmail.com Keller Williams Realty License #RS-0023626 Listed on: 05/10/2021

Keller Williams Realty

Co-Listed By

Thomas Schoenbeck

(302) 632-7407 DelHomeFinder@gmail.com Keller Williams Realty License #5001521

Last Buyer's Agent

Matt Lunden

(302) 200-6018 matt@lunden.group Keller Williams Realty License #RS0025658

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $683

Year Built

  • Built in 2003

Lot Details

  • Sprinkler System

HOA Fees

  • $267 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Stick Built Home

Interior Spaces

  • 1,064 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Area
  • Screened Porch

Kitchen

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

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Paved Parking
  • Parking Lot

Outdoor Features

  • Balcony
  • Screened Patio

Schools

  • Cape Henlopen High School

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 334-13.00-317.00-5302

Community Details

Overview

  • Association fees include lawn maintenance, pool(s), snow removal, trash
  • Low-Rise Condominium
  • Palms Of Rehoboth Subdivision
  • Property Manager

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$683

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
  • Home Warranty: Yes
  • Inclusions: Outdoor furniture.
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-05-10
  • Federal Flood Zone: No
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Entry Floor: 3
  • Interior Amenities: Dining Area, Floor Plan - Open, Recessed Lighting, Window Treatments, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Sprinkler System, Stall Shower, Tub Shower, Walk-In Closet(s)
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Laundry, Bathroom 2, Primary Bathroom, Screened Porch
  • Basement: No
  • Laundry Type: Has Laundry, Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1064
  • Living Area Sq Ft: 1064
  • Price Per Sq Ft: 247.18
  • Above Grade Finished Sq Ft: 1064
  • 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
  • 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
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Propane
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 3200.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Pool(s), Snow Removal, Trash
  • HOA: No
  • Senior Community: No

Schools

  • High School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: CAPE HENLOPEN

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: Balcony, Porch(es), Screened
  • Zoning: RC RES: CONDO
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: Cats Ok, Dogs Ok, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5192942
  • School Tax: 618.00
  • Tax Annual Amount: 683.00
  • Assessor Parcel Number: 334-13.00-317.00-5302
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2024
Sold by
Panto Nicole and Lerias Rosemarie M
Bought by
Forrey Alexander and Forrey Kaitlyn
Current Estimated Value
$384,699
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
Forrey Alexander $335,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/18/2021 06/18/21 Sold $275,000 +4.6% $258 / Sq Ft
05/10/2021 05/10/21 For Sale $263,000 +22.3% $247 / Sq Ft
08/19/2019 08/19/19 Sold $215,000 -2.2% $202 / Sq Ft View Prior Sale
07/27/2019 07/27/19 Pending -- -- --
06/10/2019 06/10/19 Price Changed $219,900 0.0% $207 / Sq Ft
06/10/2019 06/10/19 For Sale $219,900 +4.7% $207 / Sq Ft
05/25/2019 05/25/19 Pending -- -- --
05/17/2019 05/17/19 Price Changed $210,000 -1.9% $197 / Sq Ft
05/10/2019 05/10/19 Price Changed $214,000 -2.7% $201 / Sq Ft
04/19/2019 04/19/19 For Sale $219,999 +37.5% $207 / Sq Ft
07/30/2015 07/30/15 Sold $160,000 0.0% -- View Prior Sale
07/09/2015 07/09/15 Pending -- -- --
01/02/2015 01/02/15 For Sale $160,000 -- --
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: DESU182328

Bright MLS

APN: 334-13.00-317.00-5302