Seller's Agent in 2020
Marilynn Kuebler
OCEAN ATLANTIC SOTHEBYS
(302) 528-1369
10 in this area
22 Total Sales
Patrician Towers 8 Olive Ave Unit 309 Rehoboth Beach, DE 19971
Estimated Value: $575,000 - $774,000
Studio
1
Bath
500
Sq Ft
653
Sq Ft Lot
Highlights
- Building is oceanfront but unit may not have water views
- Furnished
- Fenced Community Pool
- Rehoboth Elementary School Rated A
- Great Room
- 1 Elevator
About This Home
As of April 2020Ocean block and just steps to the beach and boardwalk in Rehoboth! New year, new opportunity to make your beach dreams come true! Summer is around the corner-time to make this yours! This 3rd floor efficiency unit faces the front of Patrician Towers, with private balcony overlooking the courtyard, Koi Pond and residential homes lining Olive Avenue. Park your car, and bikes, in the underground garage and walk everywhere, taking advantage of all Rehoboth has to offer. Enjoy panoramic views and epic sunrises and sunsets from the rooftop pool and surrounding deck. Unit features include wood-grain tile flooring throughout, Murphy bed, sleep sofa and twin bed with trundle. Owners have access to a private storage spot for beach equipment. Low interest rates and low inventory in this price range are a combination that shouldn't be ignored. Don't miss the opportunity to make your dream of a spot at the beach come true today! Great rental history, if looking for an investment! On-site management is invaluable to owners and guests alike!
Last Agent to Sell the Property
(302) 227-6767 justin.healy@msir.net Monument Sotheby's International Realty License #RS-0017650 Listed on: 12/06/2019
Last Buyer's Agent
(302) 227-6767 justin.healy@msir.net Monument Sotheby's International Realty License #RS-0019599
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $739
Year Built
- Built in 1970
Lot Details
- Building is oceanfront but unit may not have water views
- Two or More Common Walls
- North Facing Home
- Property is in good condition
HOA Fees
- $495 Monthly HOA Fees
Parking
- 1 Car Attached Garage
Home Design
- Entry on the 3rd floor
- Flat Roof Shape
- Brick Exterior Construction
- Block Foundation
Interior Spaces
- 1 Full Bathroom
- 500 Sq Ft Home
- Property has 3 Levels
- Furnished
- Great Room
- Tile or Brick Flooring
- Exterior Cameras
Outdoor Features
- Outdoor Shower
- Balcony
- Exterior Lighting
Utilities
- Cooling Available
- Forced Air Heating System
- Geothermal Heating and Cooling
- Private Water Source
- Electric Water Heater
- Municipal Trash
- Cable TV Available
Listing and Financial Details
- Property is used as a vacation rental
- Assessor Parcel Number 334-14.14-31.00-309
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, insurance, lawn care front, management, pool(s), water
- 51 Units
- Mid-Rise Community
- Patrician Towers Condos, Phone Number (302) 227-9471
- Patrician Towers Community
- Rehoboth Beach Subdivision
- Property Manager
Amenities
- Laundry Facilities
- 1 Elevator
- Community Storage Space
Recreation
Pet Policy
- Pets Allowed
Security
- Front Desk in Lobby
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 6, 2019
Closed on
Apr 8, 2020
Sold by
Girard Jamison E and Girard Aelita B
Bought by
Norman Marc E and Hansen Karen N
Seller's Agent
Marilynn Kuebler
Monument Sotheby's International Realty
Buyer's Agent
BRENDA GREENAN
Monument Sotheby's International Realty
List Price
$349,000
Sold Price
$337,500
Premium/Discount to List
-$11,500
-3.3%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,601
Avg. Annual Appreciation
11.65%
Purchase Details
Listed on
Jun 7, 2013
Closed on
Jan 27, 2014
Sold by
Mark J Mark J and Mathiesen Sandra W
Bought by
Girard Jamison Edward and Girard Aelita B
Seller's Agent
Marilynn Kuebler
Monument Sotheby's International Realty
Buyer's Agent
Bill Cullin
Long & Foster Real Estate, Inc.
List Price
$312,500
Sold Price
$312,500
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.25%
Original Mortgage
$250,000
Interest Rate
4.47%
Mortgage Type
Unknown
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Norman Marc E | $337,500 | None Available | |
| Girard Jamison Edward | $312,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Girard Jamison Edward | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/09/2020 04/09/20 | Sold | $337,500 | -3.3% | $675 / Sq Ft | |
| 02/25/2020 02/25/20 | Pending | -- | -- | -- | |
| 12/06/2019 12/06/19 | For Sale | $349,000 | +11.7% | $698 / Sq Ft | |
| 01/24/2014 01/24/14 | Sold | $312,500 | 0.0% | $625 / Sq Ft | View Prior Sale |
| 11/25/2013 11/25/13 | Pending | -- | -- | -- | |
| 06/07/2013 06/07/13 | For Sale | $312,500 | -- | $625 / Sq Ft |
Source: Bright MLS
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 | $11,500 | $0 | $11,500 |
| 2024 | $567 | $11,500 | $0 | $11,500 |
| 2023 | $566 | $11,500 | $0 | $11,500 |
| 2022 | $547 | $11,500 | $0 | $11,500 |
| 2021 | $542 | $11,500 | $0 | $11,500 |
| 2020 | $540 | $11,500 | $0 | $11,500 |
| 2019 | $541 | $11,500 | $0 | $11,500 |
| 2018 | $505 | $11,500 | $0 | $0 |
| 2017 | $484 | $11,500 | $0 | $0 |
| 2016 | $459 | $11,500 | $0 | $0 |
| 2015 | $439 | $11,500 | $0 | $0 |
| 2014 | $436 | $11,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Marilynn Kuebler
-
BRENDA GREENAN
B
Buyer's Agent in 2020
BRENDA GREENAN
OCEAN ATLANTIC SOTHEBYS
9 in this area
21 Total Sales
-
V
Seller Co-Listing Agent in 2014
Vicki Tull
Long & Foster
-
Bill Cullin
Buyer's Agent in 2014
Bill Cullin
Long & Foster
(302) 841-7147
55 in this area
168 Total Sales
About Patrician Towers
Map
Source: Bright MLS
MLS Number: DESU151900
APN: 334-14.14-31.00-309
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