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8 Olive Avenue #207, Rehoboth Beach, DE 19971
$599,000
8 Olive Avenue #207, Rehoboth Beach, DE 19971View this property at 8 Olive Avenue #207, Rehoboth Beach, DE 19971
8 Olive Avenue #207Rehoboth BeachDE19971
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Property Description
OCEAN BLOCK! STEPS TO BEACH AND BOARDWALK! Relaxing Coastal style, neutral tones and seaside decor await you in the cozy inviting condo. Natural light radiates through the wall of glass slider doors into the living area that lead you to the private balcony where you can relax with a view of the front courtyard and Koi pond. This condo comes fully furnished with built-in wall unit with shelving, cabinets and queen murphy bed in the living area, along with additional twin bed and large closet for storage. Extended height white cabinetry with a hand painted beach mural on the wall area seen in the kitchen. Panoramic views of the beach and boardwalk are seen from the roof top pool and sun deck. Conveniently located to all Rehoboth has to offer: restaurants, shops, amusements, bike trails. The building offers: Community Laundry room, garage parking, elevator, outdoor sand and foot shower, outdoor bathroom-change room, courtyard with koi pond and seating.
Full Property Details
Full Property Details for 8 Olive Ave #207
General
- Price: $599,000
- HOA FEE: $392/month
- HOA FEE FREQ.: Annually
- Taxes: $741 (2023)
- Status: Active
- Type: Condo
- MLS ID: DESU2042100
- Updated: 3/20/2024
- Added to Site: 339 day(s) ago
Interior
- Interior Features: Built-Ins, Carpet, Combination Dining/Living, Efficiency, Floor Plan - Open, Kitchen - Galley, Tub Shower, Window Treatments
- Appliances: Cooktop, Dishwasher, Disposal, Exhaust Fan, Range Hood, Refrigerator, Water Heater
- Furnished: Yes
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
- Main - Full Baths: 1
Other Rooms
- Laundry: Common
Additional Information
- Shared Amenities: Common Grounds, Elevator, Pool - Outdoor
- Shared Pool: Yes
- Pool: Yes
- Security/Safety: Desk in Lobby, Exterior Cameras, Fire Detection System, Main Entrance Lock, Security System
Exterior
- Exterior Features: Sidewalks, Street Lights
- Porch/Patio/Deck: Balcony
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Concrete Driveway, Parking Space Conveys
- Parking Type: Attached Garage
- Garage Description: Garage - Front Entry
Location
- Area: Lewes Rehoboth Hundred (31009)
- County: Sussex
- Development Name: North Rehoboth
- Subdivision: North Rehoboth
- Building Name: Patrician Towers
- Driving Directions: North on 1st Street. East on Olive Ave. Patrician Towers is on Right one property off the Boardwalk
- Location Details: Oceanblock
- City Limits: Yes
School Information
- School District: Cape Henlopen
Community
- Assoc. Fees Include: Common Area Maintenance, Lawn Maintenance, Snow Removal, Reserve Funds, Pool(s), Sewer, Water
- Pets Allowed: Yes
- Pets: Number Limit
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Other
- Architectural Style: Other
- Structure Type: Mid-Rise 5 - 8 Floors
- Construction: Brick, Concrete, Block
- Common Walls: 2+ Common Walls
- Entry Floor Number: 2
- Elevator(s ): 1
- Stories/Levels: 0
- Stories Description: Main
- Sq. Ft. Source: Assessor
- Year Built: 1970
- Year Built Source: Estimated
- Property Condition: Excellent
Lot Features
- Property View: City, Courtyard, Pond
- Lot Dimensions: 0.00 x 0.00
- Zoning: TN
- Fencing (Description): Aluminum, Wood
Water Features
- Water View: Yes
Financial Considerations
- Condo Fee: $4,700
- Condo Fee Freq: Annually
- Assessment Year: 2023
- School Tax: $515
- City/TownTax: $174
- City/TownTax Freq: Annually
- County Tax: $52
- County Tax Freq: Annually
- Tax w/Assessment: $11,500
- Tax Amount: $741
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Condominium
- Condo: Yes
- Inclusions: Furnished
Listed by Mann & Sons, Inc., PAMELA RUTH ALBANESE
Get Pre-Approved Today
Schools
Schools serving 8 Olive Ave #207
School District:Cape Henlopen School District
Rating | Name | Grades | Distance |
---|---|---|---|
500 Stockley St, Rehoboth Bch, DE 19971 | PK-5 | 0.9 mi | |
19483 John J Williams Hwy, Lewes, DE 19958 | 6-8 | 3.8 mi | |
1250 Kings Hwy, Lewes, DE 19958 | 9-12 | 4.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8 Olive Ave #207
Date
Details
Price
Change
Source
3/20/2024
Price Reduced
$599,000
-11.26%
MLS
5/25/2023
Listed
$675,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 8 Olive Ave #207
Year
Property Taxes
Change
Tax Assessment
Change
2023
$566
3%
$11,500
—
2022
$547
1%
$11,500
—
2021
$542
—
$11,500
—
2020
$540
—
$11,500
—
2019
$541
7%
$11,500
—
2018
$505
4%
$11,500
—
2017
$484
5%
$11,500
—
2016
$459
5%
$11,500
—
2015
$439
1%
$11,500
—
2014
$436
3%
$11,500
—
2013
$423
—
$11,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8 Olive Ave #207
8 Olive Avenue #207, Rehoboth Beach, DE 19971 (MLS# DESU2042100) is a Condo property with 0 bedrooms and 1 full bathroom. 8 Olive Avenue #207 is currently listed for $599,000 and was received on May 25, 2023. Want to learn more about 8 Olive Avenue #207? Do you have questions about finding other Condo real estate for sale in Rehoboth Beach? You can browse all Rehoboth Beach real estate or contact a Coldwell Banker agent to request more information.