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$599,900

Beds
Unknown
Baths
1.0
sq ft
Unknown

8 Olive Ave Unit 102, Rehoboth Beach, DE 19971

8 Olive Ave Unit 102

REHOBOTH BEACH, DE 19971

  • 162 days on market
Ocean block furnished condo. Less than 1,000 feet to the beach and boardwalk. Park your vehicle in the parking garage and walk to all attractions, stores, and restaurants. This secure building has onsite management, beautiful courtyard with Koi pond, outdoor shower, outdoor bathroom and much more! This location is amazing. This unit is on the 1st floor with absolutely no steps! You can access the condo in the lobby or from the large rear patio without even going into the building. Come see this bright and cheerful condo with open floorplan that has been freshly painted, new LVP flooring, white kitchen cabinets and granite counter tops. There is a living room/ dining room combination and designated bedroom area. The unit has a sliding glass door in the living room and bedroom to a large private patio. There is an elevator in the building that goes to the parking garage and laundry room. For the most captivating views of the Atlantic Ocean, boardwalk, beach, and downtown Rehoboth Beach, you must check out the rooftop patio and pool. This is the best roof top patio in Rehoboth! Seller is a licensed DE Realtor. Showings only available Saturday from 10:00 Am to 2:00 PM.

Details

Property type

Condominium

Est. home value

$242,252

Lot size

Unknown

Price per sq ft

Unknown

Year built

1970

Annual property taxes

$267,125

HOA

No

Price History

09/07/2024
Bright

Bright #DESU2060840

Price change
$599,900
+3.45%
05/01/2024
Bright

Bright #DESU2060840

Listed
$579,900
-10.78%
02/01/2024
BrightMLS

BrightMLS #DESU2039958

Removed
$650,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

School district: 

CAPE HENLOPEN

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Embrace Home Loans Inc

Loan start date

September 2021

Original loan amount

$360,000

Est. remaining balance

Not provided

Interest rate

2.8%

Loan type

Purchase Money Mortgage, 30 year

Seller

Anthony R Vargas and Andrew G Whitescarver

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 10/01/2024 at 9:25 AM

Listing updated: 09/24/2024 at 7:36 PM

Listed by: Andy Whitescarver, RE/MAX Realty Group Rehoboth Phone #: (302) 227-4800

MLS: Bright #DESU2060840

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