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8 Olive Avenue #403, Rehoboth Beach, DE 19971
$625,000
8 Olive Avenue #403, Rehoboth Beach, DE 19971View this property at 8 Olive Avenue #403, Rehoboth Beach, DE 19971
8 Olive Avenue #403Rehoboth BeachDE19971
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Property Description
Ocean Block in Rehoboth! Beautifully maintained Efficiency on 4th floor level with glass slider doors to a private balcony. Steps away from the sand and surf as well as the bike trails of Gordon's Pond State Park. Updated kitchen with extended height cabinetry, decorative wainscoting on the wall and light and fresh tones. The bathroom is updated with a new bath and surround. Hang your clothes in an organized closet with dresser and shelving in the bedroom area. wood toned flooring is throughout the condo with welcoming coastal vibe. The secure building offers onsite management, Koi pond in the front courtyard, elevator, laundry room, outdoor sand and foot shower, outdoor bathroom-change room, secure garage parking and a roof top pool and sun deck with panoramic views of the beach and boardwalk. Great Location! Restaurants, shops and amusements are all nearby, no need to drive. The building has a rich history of satisfied rental income.
Full Property Details
Full Property Details for 8 Olive Ave #403
General
- Sold For: $625,000
- Taxes: $716 (2021)
- Status: Closed
- Type: Condo
- MLS ID: DESU2026412
- Added to Site: 648 day(s) ago
Interior
- Interior Features: Combination Dining/Living, Efficiency, Elevator, Floor Plan - Open, Kitchen - Galley, Tub Shower, Wainscotting
- Appliances: Dishwasher, Disposal, Exhaust Fan, Microwave, Oven/Range - Electric, Refrigerator
- Flooring: Carpet, Tile/Brick
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
- Main - Full Baths: 1
Other Rooms
- Laundry: Common
Additional Information
- Shared Amenities: Elevator, Laundry Facilities, Pool - Outdoor
- Shared Pool: Yes
- Pool: Yes
- Security/Safety: Surveillance Sys
Exterior
- Exterior Features: Awning(s), Exterior Lighting, Outside Shower, Sidewalks, Street Lights
- Porch/Patio/Deck: Balcony
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Type: Parking Garage
- Garage Description: Underground
Location
- Area: Lewes Rehoboth Hundred (31009)
- County: Sussex
- Development Name: North Rehoboth
- Subdivision: North Rehoboth
- Building Name: Patrician Towers
- Driving Directions: From Rehoboth Ave., Left on 1st St. and Right on Olive Ave.
- Location Details: Oceanblock
- City Limits: Yes
School Information
- School District: Cape Henlopen
Community
- Assoc. Fees Include: Insurance, Lawn Care Front, Lawn Maintenance, Management, Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Pool(s), Sewer, Snow Removal, Water
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Geothermal
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Electric Available
Structural Information
- Architectural Info: Unit/Flat
- Architectural Style: Unit/Flat
- Structure Type: Mid-Rise 5 - 8 Floors
- Construction: Masonry, Brick
- Foundation: Block
- Roof: Flat
- Windows: Screens, Sliding
- Entry Floor Number: 4
- Stories/Levels: 0
- Stories Description: Main
- Square Feet: 500
- Sq. Ft. Source: Estimated
- Living Area: 500 Sq. Ft.
- Year Built: 1970
- Year Built Source: Estimated
Lot Features
- Property View: City, Courtyard, Pond
- Zoning: RESIDENTIAL
- Fencing (Description): Fully
Water Features
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $1,250
- School Tax: $490
- City/TownTax: $175
- City/TownTax Freq: Annually
- County Tax: $51
- County Tax Freq: Annually
- Tax Amount: $716
- Tax Year: 2021
- Terms: Standard Sale
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Condominium
- Condo: Yes
- Exclusions: Personal Items, All Furniture & Decor
- Inclusions: Dining Table &Chairs/Benches and Dresser in Bedroom Closet
Listed by Mann & Sons, Inc., PAMELA RUTH ALBANESE
Sold by BHHS Fox & Roach-Concord, Maribeth Baxter
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Schools
Schools serving 8 Olive Ave #403
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 #403
Date
Details
Price
Change
Source
9/13/2022
Sold
$625,000
—
MLS
8/03/2022
Price Reduced
$625,000
-7.41%
MLS
7/30/2022
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.
8 Olive Avenue #403, Rehoboth Beach, DE 19971 (MLS# DESU2026412) is a Condo property that was sold at $625,000 on September 13, 2022. Want to learn more about 8 Olive Avenue #403? 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.