16 Hickman St Unit 1E Rehoboth Beach, DE 19971
Estimated Value: $653,000 - $803,000
2
Beds
1
Bath
1,100
Sq Ft
$325/mo
HOA Fee
Highlights
- Building is oceanfront but unit may not have water views
- Sun or Florida Room
- Breakfast Room
- Rehoboth Elementary School Rated A
- Furnished
- Living Room
About This Home
As of May 2021The only 2 bedroom unit not on leased land currently for sale in-town Rehoboth under $749k! Location, condition and price - this unit is a winner on all fronts! Located in South Rehoboth on the ocean block of Hickman Street, The Cloisters is an apartment-style condominium building with just 6 units. This first floor east-facing 2BR/1BA unit is being sold furnished and turnkey. Open and airy with 10 foot ceilings, the layout is ideal for family & friends or great rentals. Just off the living room is a sunroom/sleeping porch. Walk down the hall past the two large bedrooms, the updated full bath and the roomy kitchen with gas stove for the family cook. There is even a breakfast room/enclosed porch in the back and washer/dryer in the unit. Off-street parking, two outside showers and a large storage shed for the association complete this little piece of paradise. This one has it all - don't wait or it will be gone!
Last Agent to Sell the Property
Long & Foster Real Estate, Inc. License #RS-0015236 Listed on: 04/05/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $820
Year Built
- Built in 1925
Lot Details
- Building is oceanfront but unit may not have water views
- North Facing Home
HOA Fees
- $325 Monthly HOA Fees
Home Design
- Plaster Walls
- Asphalt Roof
- Stick Built Home
Interior Spaces
- 1,100 Sq Ft Home
- Property has 3 Levels
- Furnished
- Living Room
- Breakfast Room
- Sun or Florida Room
- Crawl Space
Kitchen
- Gas Oven or Range
- Down Draft Cooktop
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Laundry in unit
- Stacked Washer and Dryer
Parking
- 1 Parking Space
- 1 Driveway Space
- Shared Driveway
Utilities
- Window Unit Cooling System
- Electric Baseboard Heater
- Tankless Water Heater
- Propane Water Heater
- Municipal Trash
Community Details
- Association fees include common area maintenance, exterior building maintenance, insurance, water, gas
- Low-Rise Condominium
- Cloisters Community
- South Rehoboth Subdivision
Listing and Financial Details
- Property is used as a vacation rental
- Assessor Parcel Number 334-14.18-120.01-1-E
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 5, 2021
Closed on
May 21, 2021
Sold by
Mchugh Mark C and Mchugh Jennifer M
Bought by
Saffron Daniel A
Seller's Agent
Susannah Griffin
Long & Foster Real Estate, Inc.
Buyer's Agent
Joe Petrone
Monument Sotheby's International Realty
List Price
$475,000
Sold Price
$495,000
Premium/Discount to List
$20,000
4.21%
Total Days on Market
4
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,446
Avg. Annual Appreciation
10.46%
Purchase Details
Listed on
Nov 16, 2016
Closed on
Mar 14, 2017
Sold by
Ciocci Adriana and Ciocci Luciana
Bought by
Mchugh Jennifer M and Mchugh Mark C
Seller's Agent
Susannah Griffin
Long & Foster Real Estate, Inc.
Buyer's Agent
Susannah Griffin
Long & Foster Real Estate, Inc.
List Price
$385,000
Sold Price
$375,000
Premium/Discount to List
-$10,000
-2.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.82%
Similar Homes in Rehoboth Beach, DE
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Saffron Daniel A | $495,000 | None Available | |
| Mchugh Jennifer M | $375,000 | None Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/28/2021 05/28/21 | Sold | $495,000 | +4.2% | $450 / Sq Ft |
| 04/09/2021 04/09/21 | Pending | -- | -- | -- |
| 04/05/2021 04/05/21 | For Sale | $475,000 | +26.7% | $432 / Sq Ft |
| 03/14/2017 03/14/17 | Sold | $375,000 | -2.6% | $341 / Sq Ft |
| 01/22/2017 01/22/17 | Pending | -- | -- | -- |
| 11/16/2016 11/16/16 | For Sale | $385,000 | -- | $350 / 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 | $769 | $13,500 | $0 | $13,500 |
| 2023 | $768 | $13,500 | $0 | $13,500 |
| 2022 | $741 | $13,500 | $0 | $13,500 |
| 2021 | $735 | $13,500 | $0 | $13,500 |
| 2020 | $732 | $13,500 | $0 | $13,500 |
| 2019 | $733 | $13,500 | $0 | $13,500 |
| 2018 | $685 | $15,600 | $0 | $0 |
| 2017 | $656 | $15,600 | $0 | $0 |
| 2016 | $623 | $15,600 | $0 | $0 |
| 2015 | $595 | $15,600 | $0 | $0 |
| 2014 | $591 | $15,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Susannah Griffin
Seller's Agent in 2021
Susannah Griffin
Long & Foster
(302) 245-6646
25 in this area
78 Total Sales
-
Cynthia Daniel
Seller Co-Listing Agent in 2021
Cynthia Daniel
Jack Lingo - Rehoboth
(302) 745-0826
17 in this area
44 Total Sales
-
Joe Petrone
Buyer's Agent in 2021
Joe Petrone
OCEAN ATLANTIC SOTHEBYS
(240) 274-1219
6 in this area
1,347 Total Sales
Map
Source: Bright MLS
MLS Number: DESU180246
APN: 334-14.18-120.01-1-E
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.
Nearby Homes
- 1 New Castle St
- 19 Laurel St
- 106A Philadelphia St
- 108 Philadelphia St Unit B
- 3 Laurel St
- 505 South Boardwalk
- 200 Norfolk St
- 209 New Castle St
- 203 Bayard Ave
- 50 Wilmington Ave Unit 103
- 207 Country Club Dr
- 300 Hickman St
- 51 Maryland Ave
- 0 2nd St Unit DESU2079832
- 313 Hickman St
- 63 Lake Ave
- 8 Olive Ave Unit 102
- 8 Olive Ave Unit 205
- 37 Sussex St
- 1018 Scarborough Ave
- 16 Hickman St Unit 1-W
- 16 Hickman St Unit 3-W
- 16 Hickman St Unit 3
- 16 Hickman St Unit 2
- 16 Hickman St Unit 1E
- 14 Hickman St
- 502 King Charles Ave Unit B
- 12 Hickman St Unit 1W
- 12 Hickman St Unit 3E / 3W
- 500 King Charles Ave
- 17 Hickman St
- 10 Hickman St Unit D
- 10 -D Hickman St
- 10 Hickman St Unit A
- 10 Hickman St Unit C
- 18 Hickman St
- 9 Hickman St
- 406 King Charles Ave Unit 5
- 7 Hickman St
- 7 New Castle St