Patrician Towers 8 Olive Ave Unit 102 Rehoboth Beach, DE 19971
--
Bed
1
Bath
--
Sq Ft
$382/mo
HOA Fee
Highlights
- Water Oriented
- Community Pool with Domestic Water
- Subterranean Parking
- Rehoboth Elementary School Rated A
- Efficiency Studio
- 1 Car Attached Garage
About This Home
As of September 2021Ground floor condo. Very private patio. 2nd building from boardwalk and beach. Roof top pool! Wonderful view of coastline. Underground parking.
Last Agent to Sell the Property
BROWN THAWLEY
Mann & Sons, Inc. Listed on: 04/23/2019
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $896
Year Built
- Built in 1970
Lot Details
- Two or More Common Walls
- Property is in very good condition
HOA Fees
- $382 Monthly HOA Fees
Parking
- Subterranean Parking
Home Design
- Brick Exterior Construction
- Block Foundation
- Slab Foundation
- Block Wall
- Asphalt Roof
- Concrete Perimeter Foundation
- Masonry
Interior Spaces
- 1 Full Bathroom
- Property has 1 Level
- Combination Dining and Living Room
- Efficiency Studio
- Basement
- Garage Access
- Exterior Cameras
Kitchen
- Electric Oven or Range
- Range Hood
- <<microwave>>
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
Accessible Home Design
- Accessible Elevator Installed
Outdoor Features
- Water Oriented
- Property is near an ocean
- Patio
- Exterior Lighting
Utilities
- Forced Air Heating and Cooling System
- Roof Mounted Cooling System
- Vented Exhaust Fan
- Geothermal Heating and Cooling
Listing and Financial Details
- Property is used as a vacation rental
- Assessor Parcel Number 334-14.14-31.00-102
Community Details
Overview
- Association fees include pool(s)
- 1 Elevator
- Mid-Rise Condominium
- Pat Towers Owners, Inc. Condos
- Patrician Towers Community
- Property Manager
Amenities
- Laundry Facilities
Recreation
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 26, 2021
Closed on
Sep 17, 2021
Sold by
Midatlantica Ira Llc
Bought by
Vargas Anthony R and Whitescarver Andrew G
Seller's Agent
RYAN VARGAS
RE/MAX Realty Group Rehoboth
Buyer's Agent
Andy Whitescarve Whitescarver
RE/MAX Realty Group Rehoboth
List Price
$450,000
Sold Price
$400,000
Premium/Discount to List
-$50,000
-11.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.29%
Original Mortgage
$360,000
Outstanding Balance
$331,828
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$209,545
Purchase Details
Listed on
Apr 23, 2019
Closed on
May 29, 2019
Sold by
Ann H Buckley Ret
Bought by
Midatlantic Ira Llc
Seller's Agent
BROWN THAWLEY
Mann & Sons, Inc.
Buyer's Agent
RYAN VARGAS
RE/MAX Realty Group Rehoboth
List Price
$315,900
Sold Price
$315,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.81%
Purchase Details
Closed on
Apr 8, 1999
Bought by
Buckley James G (Trustee) Ann H Buckley
Similar Homes in Rehoboth Beach, DE
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $400,000 | None Available | |
| Deed | $315,900 | -- | |
| Deed | $112,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $360,000 | Stand Alone Refi Refinance Of Original Loan |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/09/2025 07/09/25 | For Sale | $525,000 | +1.0% | -- |
| 06/23/2025 06/23/25 | Price Changed | $519,900 | -1.0% | -- |
| 06/18/2025 06/18/25 | Price Changed | $525,000 | -0.9% | -- |
| 06/12/2025 06/12/25 | Price Changed | $529,900 | -1.9% | -- |
| 05/29/2025 05/29/25 | Price Changed | $539,900 | -1.8% | -- |
| 05/16/2025 05/16/25 | For Sale | $550,000 | 0.0% | -- |
| 12/28/2023 12/28/23 | Rented | $1,300 | 0.0% | -- |
| 11/21/2023 11/21/23 | Price Changed | $1,300 | +8.3% | $2 / Sq Ft |
| 11/21/2023 11/21/23 | For Rent | $1,200 | +9.1% | -- |
| 10/21/2022 10/21/22 | Rented | $1,100 | 0.0% | -- |
| 10/07/2022 10/07/22 | Price Changed | $1,100 | -26.7% | $1 / Sq Ft |
| 09/07/2022 09/07/22 | For Rent | $1,500 | 0.0% | -- |
| 09/17/2021 09/17/21 | Sold | $400,000 | -11.1% | -- |
| 07/30/2021 07/30/21 | Pending | -- | -- | -- |
| 06/26/2021 06/26/21 | For Sale | $450,000 | +42.5% | -- |
| 05/31/2019 05/31/19 | Sold | $315,900 | 0.0% | -- |
| 05/03/2019 05/03/19 | Pending | -- | -- | -- |
| 04/23/2019 04/23/19 | For Sale | $315,900 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $530 | $10,750 | $0 | $10,750 |
| 2023 | $529 | $10,750 | $0 | $10,750 |
| 2022 | $511 | $10,750 | $0 | $10,750 |
| 2021 | $506 | $10,750 | $0 | $10,750 |
| 2020 | $505 | $10,750 | $0 | $10,750 |
| 2019 | $505 | $10,750 | $0 | $10,750 |
| 2018 | $472 | $10,750 | $0 | $0 |
| 2017 | $452 | $10,750 | $0 | $0 |
| 2016 | $429 | $10,750 | $0 | $0 |
| 2015 | $410 | $10,750 | $0 | $0 |
| 2014 | $407 | $10,750 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Andy Whitescarve Whitescarver
Seller's Agent in 2025
Andy Whitescarve Whitescarver
RE/MAX
(302) 242-5557
27 in this area
190 Total Sales
-
RYAN VARGAS
Seller Co-Listing Agent in 2025
RYAN VARGAS
RE/MAX
(302) 535-5312
6 in this area
43 Total Sales
-
HEATHER KNOWLES
H
Buyer's Agent in 2023
HEATHER KNOWLES
RE/MAX
(410) 726-5629
-
L
Seller's Agent in 2022
Lauren Price
RE/MAX
-
B
Seller's Agent in 2019
BROWN THAWLEY
Mann & Sons, Inc.
About Patrician Towers
Map
Source: Bright MLS
MLS Number: DESU138948
APN: 334-14.14-31.00-102
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