NOT LISTED FOR SALE

15 Hickman St Rehoboth Beach, DE 19971

Estimated Value: $3,520,000 - $3,862,000

5 Beds
4.5 Baths
3,000 Sq Ft
$1,207/Sq Ft Est. Value

Last Sold December 11, 2024

Last sale price $3,450,000 $1,150 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $19,531/month

9 Days on Market

Highlights

  • Spa
  • Coastal Architecture
  • Main Floor Bedroom
  • Rehoboth Elementary School Rated A
  • Deck
  • 1 Fireplace

About This Home

As of December 2024

Rare opportunity to purchase a beach block home on an oversized 53' x 130' lot! Enjoy the extra privacy and take advantage of this huge backyard for outside fun with friends and/or family! If your dream is to sun at the pool in the morning and the beach in the afternoon there is room to add a pool! This 5 bedroom 4.5 bathroom home offers it all with a spacious open concept floor plan, dining area, gas fireplace, newly added powder room, sunporch with easy breeze system, a first floor bedroom along with a full bathroom boasting a tile shower, granite counter tops and linen closet. The quaint sunroom offers extra space for lounging or game playing-perfect for morning coffee & evening wine sipping. Gather inside or spill out onto the huge composite deck to soak in the sun, to grill your dinner or to simply relax. The 2nd floor offers 4 more bedrooms, 2 of which have ensuite bathrooms offering privacy to guests and family members. 2 bedrooms with a shared bathroom, laundry area, front facing deck and a large rear deck accessed through the primary suite rounds out the 2nd level. Recent major improvements to home include a new roof, new windows, new Hardie Plank lap siding, new Trex composite board decking & vinyl railing on front and rear porch, new HVAC system, new attic insulation, new tankless water heater, new exterior cameras, along with separate meter for irrigation system, an outside shower and encapsulated crawl space. Don't miss out on the opportunity to live steps away from the beach, boardwalk, fabulous dining , shopping and biking!
This house is being sold fully furnished and has a rental income that ranges from $115,000-168,000/ year. Rentals scheduled for 2025 convey with property.

Last Agent to Sell the Property

JEANMARIE CLAVIER

(302) 242-7533 jeanmarie@jacklingo.com Jack Lingo - Rehoboth Listed on: 11/06/2024

Jack Lingo - Rehoboth

Last Buyer's Agent

Tjark Bateman

(302) 745-0018 tjark@jacklingo.com Jack Lingo - Rehoboth License #RS-0023037

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,479

Year Built

  • Built in 2001 | Remodeled in 2024

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50.00 x 132.00
  • Wood Fence
  • Sprinkler System
  • Property is zoned TN

Home Design

  • Coastal Architecture
  • Traditional Architecture
  • Asphalt Roof
  • HardiePlank Type
  • Stick Built Home
  • Asphalt

Interior Spaces

  • 3,000 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Crown Molding
  • Ceiling Fan
  • 1 Fireplace
  • Vinyl Clad Windows
  • Window Screens
  • Open Floorplan
  • Crawl Space
  • Flood Lights

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • 6 Driveway Spaces

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Deck
  • Exterior Lighting
  • Outdoor Storage
  • Outbuilding
  • Outdoor Grill
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Tankless Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • South Rehoboth Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-14.18-106.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,479

Year Built

Built in 2001 | Remodeled in 2024

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Traditional
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: tools & personal items in shed
  • Inclusions: furnishings, wall hangings, kitchen ware, bedding & beach chairs
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2001
  • Year Renovated: 2024
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range Hood, Washer, Water Heater - Tankless
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Crown Moldings, Entry Level Bedroom, Kitchen - Island, Pantry, Sprinkler System
  • Window Features: Screens, Vinyl Clad
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 3000
  • Living Area Sq Ft: 3000
  • Price Per Sq Ft: 1258.33
  • Above Grade Finished Sq Ft: 3000
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 5.00
  • Main Level Full Bathrooms: 4
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Hardiplank Type, Stick Built, Asphalt
  • Exterior Features: Bbq Grill, Exterior Lighting, Flood Lights, Hot Tub, Outbuilding(s), Outside Shower, Secure Storage, Sidewalks, Underground Lawn Sprinkler
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Refuse: 300.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Forced Air
  • Heating: Yes
  • Hot Water: Tankless
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Fencing: Wood
  • Lot Size Acres: 0.14
  • Lot Dimensions: 50.00 x 132.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6098.00
  • Outdoor Living Structures: Deck(s), Porch(es), Balcony
  • Zoning: TN
  • Zoning Description: Residential
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Total Actual Rent: 124000.00
  • Vacation Rental: Yes

Tax Info

  • School Tax: 2130.00
  • Tax Annual Amount: 3479.10
  • Assessor Parcel Number: 334-14.18-106.01
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2024
Closed on
Dec 11, 2024
Sold by
Drmr Properties Llc
Bought by
Moxie Ventures Llc
Seller's Agent
JEANMARIE CLAVIER
Jack Lingo - Rehoboth
Buyer's Agent
Tjark Bateman
Jack Lingo - Rehoboth
List Price
$3,775,000
Sold Price
$3,450,000
Premium/Discount to List
-$325,000
-8.61%
Views
19
Current Estimated Value
$3,620,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,887
Avg. Annual Appreciation
4.95%

Purchase Details

Listed on
Sep 21, 2018
Closed on
May 10, 2019
Sold by
Lopez Raymond M
Bought by
Drmr Properties Llc
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Camilla Conlon
Jack Lingo - Rehoboth
List Price
$2,179,000
Sold Price
$1,940,000
Premium/Discount to List
-$239,000
-10.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.85%

Purchase Details

Closed on
Apr 17, 2001
Bought by
Lopez Raymond M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Moxie Ventures Llc $3,450,000 None Listed On Document
Drmr Properties Llc $1,940,000 --
Lopez Raymond M $1,100,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2024 12/11/24 Sold $3,450,000 -8.6% $1,150 / Sq Ft
11/15/2024 11/15/24 Pending -- -- --
11/06/2024 11/06/24 For Sale $3,775,000 +94.6% $1,258 / Sq Ft
05/10/2019 05/10/19 Sold $1,940,000 -2.9% $647 / Sq Ft View Prior Sale
03/30/2019 03/30/19 Pending -- -- --
03/22/2019 03/22/19 Price Changed $1,998,000 -8.3% $666 / Sq Ft
09/21/2018 09/21/18 For Sale $2,179,000 -- $726 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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
2025 $5,817 $47,500 $13,750 $33,750
2024 $2,341 $47,500 $13,750 $33,750
2023 $2,339 $47,500 $13,750 $33,750
2022 $2,258 $47,500 $13,750 $33,750
2021 $2,237 $47,500 $13,750 $33,750
2020 $2,230 $47,500 $13,750 $33,750
2019 $2,233 $47,500 $13,750 $33,750
2018 $2,086 $47,500 $0 $0
2017 $1,998 $47,500 $0 $0
2016 $1,897 $47,500 $0 $0
2015 $1,813 $47,500 $0 $0
2014 $1,800 $47,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2073782

Bright MLS

APN: 334-14.18-106.01