8 Olive Ave #507

Rehoboth Beach, DE 19971 View Map $878,000 Ask a Question
Sold On2/13/2023
PHOTOS & DETAILS: 8 Olive Ave #507, Rehoboth Beach, DE 19971 For Sale - MLS #DESU2030654 - Photos, Virtual Tour, School Info - Real Estate Listing Info Photo 1
PHOTOS & DETAILS: 8 Olive Ave #507, Rehoboth Beach, DE 19971 For Sale - MLS #DESU2030654 - Photos, Virtual Tour, School Info - Real Estate Listing Info Map

Dustin Oldfather

(302) 260-2000

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Status: Sold
Property Type:Unit/Flat
MLS #:DESU2030654
Date Sold:2/13/2023
Monthly HOA:$868

Listing Office

Office:Mann & Sons, Inc.
Broker Phone:302-227-9477
Newly updated 2 bedroom, 1 bath penthouse condo in Patrician Towers, second building from the boardwalk. New kitchen, bathroom and flooring. Extra large ocean facing patio and additional balcony on Olive Avenue with access from both the living room and from the bedroom. New kitchen has granite countertops and stainless steel appliances. The new bathroom has a walk-in tile shower with glass and granite vanity counter. This condo can be rented weekly if desired. Pets are not allowed when rented.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change

Community Information

Address:8 Olive Ave #507, Rehoboth Beach, DE 19971
Area:Lewes Rehoboth Hundred (31009)
School District:Cape Henlopen
Subdivision:None Available
Zip Code:19971
Building:Patrician Towers


Unit Number:#507
Bedrooms: 2
Bathrooms: 1
Year Built:1970
Construction: Asphalt, Block, Brick Front, Concrete, Glass, Masonry
Year Renovated: 2021
Unit Building Type: Mid-Rise 5 - 8 Floors
Roof: Asphalt
Basement Type: Garage Access, Front Entrance, Full

Features / Amenities

Appliances: Built-In Range, Dishwasher, Disposal
Flooring: Tile/Brick
Main Level Bedrooms: 2
Entry Level: 1
Exterior Features: Exterior Lighting, Outside Shower, Sidewalks
Community Amenities: Pool - Outdoor
Sub Structure Types: Above Grade, Below Grade
Garage: Underground
Garage Spaces: 1
Cooling: Geothermal
Cooling Fuel: Geothermal, Electric
Heating: Forced Air
Heating Fuel: Electric
Hot Water: Electric

Property Features

Lot Dimensions:0.00 x 0.00
Parking Types: Parking Garage
Parking Included In List Price: No
View: Ocean
TV/Cable/Com: Cable TV, Electric Available, Phone, Sewer Available
Electric Service: 200+ Amp Service
Sewer: Public Septic
Water: Public
Directions:Heading North on Rehoboth Ave. Turn Right onto 1st Street. Then turn Right onto Olive Avenue. 8 Olive (Patrician Towers) is on the Right, second building from the boardwalk.

Tax and Financial Info

Total Taxes: $1,406 (paid Annually)
Tax Year: 2021
School Tax: $965
New Financing: Cash
Ownership Type: Condominium
Homeowners' Assoc.: No
City Tax Rate: $341.00 (Annually)
County Tax Rate: $100.00 (Annually)
Condo Coop Fee: $2,604.13 (Quarterly)
Acceptable Financing: Cash, Conventional



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Listing Information Last Updated 3/24/2023
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