NOT LISTED FOR SALE

Patrician Towers 8 Olive Ave Unit 104 Rehoboth Beach, DE 19971

Estimated Value: $306,000 - $636,000

-- Bed
1 Bath
-- Sq Ft
653 Sq Ft Lot

Last Sold November 07, 2014

Last sale price $312,500

Est. 65% increase in value since last sale

Current estimated payment $2,839/month

Highlights

  • Private Pool
  • Contemporary Architecture
  • No HOA
  • Rehoboth Elementary School Rated A
  • Furnished
  • Wrap Around Porch

About This Home

As of November 2014

Ideal OCEANBLOCK location is where you will find this convenient & attractive first floor condo. Wraparound patio lets in tons of sunlight. Steps to the boardwalk and beach and just a few short blocks to Rehoboth Ave. Underground garage. You'll revel in the panoramic views from the rooftop pool.

Last Agent to Sell the Property

DEBBIE REED

(302) 227-3818 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 07/12/2014

RE/MAX Realty Group Rehoboth

Co-Listed By

Cyndi Marsh

(302) 363-5734 cyndi@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0016264

Last Buyer's Agent

Bill Cullin

(302) 841-7147 bill.cullin@longandfoster.com Long & Foster Real Estate, Inc. License #RS0018675

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $548

Lot Details

  • 653

Parking

  • Shared Driveway

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation
  • Stick Built Home

Interior Spaces

  • 1 Full Bathroom
  • Property has 1 Level
  • Furnished
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Living Room
  • Dining Room
  • Storage Room

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Pool

  • Private Pool
  • Outdoor Shower

Outdoor Features

  • Patio
  • Wrap Around Porch

Utilities

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

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-14.14-31.00-104

Community Details

Overview

  • No Home Owners Association
  • Patrician Towers Community

Amenities

  • Community Storage Space
  • Elevator

Recreation

Additional Features

  • Trash Expense $200
  • Security Service

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$548

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Refrigerator, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Elevator, Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace: No
  • Door Features: Insulated
  • Foundation Details: Block
  • Level Count: 1
  • Levels Count: 1
  • Room Count: 4
  • Room List: Living Room, Dining Room, Kitchen, Storage Room
  • Basement: No

Beds/Baths

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Construction Materials: Stick Built, Brick
  • Construction Completed: Yes
  • Exterior Features: Outside Shower
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal, Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Shared Driveway

Utilities

  • Refuse: 200.00
  • Central Air Conditioning: No
  • Cooling Type: Geothermal
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 4600.00
  • HOA Condo Co-Op Amenities: Elevator, Extra Storage, Pool - Outdoor, Swimming Pool, Security
  • HOA: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Outdoor Living Structures: Patio(s), Wrap Around
  • In City Limits: Yes

Building Info

  • Building Features: Elevator

Rental Info

  • Furnished: Yes
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5196166
  • Tax Annual Amount: 548.00
  • Assessor Parcel Number: 334-14.14-31.00-104
  • County Tax Payment Frequency: Annually
  • Close Date: 11/07/2014

Multi Family

  • Income Expense List: Total Tax Bill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2014
Closed on
Nov 7, 2014
Sold by
Retta Retta and Vieser Young Wendy
Bought by
Brolis Imants and Brolis Velga
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Bill Cullin
Long & Foster Real Estate, Inc.
List Price
$312,500
Sold Price
$312,500
Current Estimated Value
$516,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,792
Avg. Annual Appreciation
4.72%
Source: Public Records

Range of Values:

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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
Brolis Imants $312,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2014 11/07/14 Sold $312,500 0.0% --
09/22/2014 09/22/14 Pending -- -- --
07/12/2014 07/12/14 For Sale $312,500 -- --
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 $1,209 $10,750 $0 $10,750
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

  • DEBBIE REED

    Seller's Agent in 2014

    DEBBIE REED

    RE/MAX

    (302) 227-3818

    272 in this area

    833 Total Sales

    DEBBIE REED
    Section Image
  • Cyndi Marsh

    Seller Co-Listing Agent in 2014

    Cyndi Marsh

    RE/MAX

    (302) 363-5734

    25 in this area

    71 Total Sales

    Cyndi Marsh
    Section Image
  • Bill Cullin

    Buyer's Agent in 2014

    Bill Cullin

    Long & Foster

    (302) 841-7147

    68 in this area

    187 Total Sales

    Bill Cullin
    Section Image
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About Patrician Towers

Map

Source: Bright MLS

MLS Number: 1000984098

Bright MLS

APN: 334-14.14-31.00-104

Delaware Sussex County Rehoboth Beach 19971

8 Olive Ave Unit 104, Rehoboth Beach, DE

This home is located at 8 Olive Ave Unit 104, Rehoboth Beach, DE 19971 since 12 July 2014 and is currently estimated at $516,292. 8 Olive Ave Unit 104 is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

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