122 Hickman St Rehoboth Beach, DE 19971
Estimated Value: $591,901 - $3,372,000
4
Beds
3
Baths
2,600
Sq Ft
$725/Sq Ft
Est. Value
Highlights
- No HOA
- Multiple cooling system units
- Wood Siding
- Rehoboth Elementary School Rated A
- Electric Baseboard Heater
- 3-minute walk to Stockley Street Park
About This Home
As of January 2021Visit this home virtually: http://www.vht.com/434094307/IDXS - Great opportunity to be on the second block in downtown Rehoboth and only 4 blocks to Rehoboth Avenue. Currently this home is a 3 unit, year round rental (2 one bedroom and 1 two bedroom) with three rental license and separate electric meters. Endless possibilities! Keep as an investment, remodel the current structure, or build your dream home on an awesome South Rehoboth street.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,460
Year Built
- Built in 1950
Lot Details
- 5,000 Sq Ft Lot
- Lot Dimensions are 50x100
- Property is in good condition
- Property is zoned RS
Parking
- 2 Parking Spaces
Home Design
- Wood Siding
Interior Spaces
- 2,600 Sq Ft Home
- Property has 2 Levels
Bedrooms and Bathrooms
Utilities
- Multiple cooling system units
- Central Air
- Wall Furnace
- Electric Baseboard Heater
- 220 Volts
- Electric Water Heater
- Public Septic
Community Details
- No Home Owners Association
- South Rehoboth Subdivision
Listing and Financial Details
- Assessor Parcel Number 334-14.17-602.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 22, 2022
Sold by
Stone Trevor A
Bought by
Stone Living Trust
Total Days on Market
75
Current Estimated Value
Purchase Details
Listed on
Aug 10, 2020
Closed on
Jan 11, 2021
Sold by
Martin Robert C
Bought by
Stone Trevor A and Stone Kristin T
Seller's Agent
Bill Gaines
Patterson-Schwartz-OceanView
Buyer's Agent
Jennifer Barrows
Monument Sotheby's International Realty
List Price
$1,500,000
Sold Price
$1,390,000
Premium/Discount to List
-$110,000
-7.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.17%
Original Mortgage
$1,500,000
Interest Rate
2.71%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Oct 17, 2003
Bought by
Martin Robert C
Similar Homes in Rehoboth Beach, DE
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Stone Living Trust | -- | Tunnell & Raysor Pa | |
| Stone Trevor A | $1,390,000 | None Available | |
| Martin Robert C | $750,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Stone Trevor A | $1,500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/12/2021 01/12/21 | Sold | $1,390,000 | -5.8% | $535 / Sq Ft |
| 10/24/2020 10/24/20 | Pending | -- | -- | -- |
| 10/12/2020 10/12/20 | Price Changed | $1,475,000 | -1.7% | $567 / Sq Ft |
| 08/10/2020 08/10/20 | For Sale | $1,500,000 | -- | $577 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $2,063 | $18,300 | $9,350 | $8,950 |
| 2023 | $2,061 | $18,300 | $9,350 | $8,950 |
| 2022 | $1,989 | $18,300 | $9,350 | $8,950 |
| 2021 | $862 | $18,300 | $9,350 | $8,950 |
| 2020 | $859 | $18,300 | $9,350 | $8,950 |
| 2019 | $860 | $18,300 | $9,350 | $8,950 |
| 2018 | $804 | $18,300 | $0 | $0 |
| 2017 | $770 | $18,300 | $0 | $0 |
| 2016 | $731 | $18,300 | $0 | $0 |
| 2015 | $699 | $18,300 | $0 | $0 |
| 2014 | $693 | $18,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Bill Gaines
Seller's Agent in 2021
Bill Gaines
Patterson Schwartz
(302) 542-1964
12 in this area
100 Total Sales
-
Jennifer Barrows
Buyer's Agent in 2021
Jennifer Barrows
OCEAN ATLANTIC SOTHEBYS
(302) 841-9505
107 in this area
252 Total Sales
Map
Source: Bright MLS
MLS Number: DESU166462
APN: 334-14.17-602.00
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