Seller's Agent in 2021
Susannah Griffin
Long & Foster
(302) 245-6646
21 in this area
70 Total Sales
16 Hickman St Unit 1E Rehoboth Beach, DE 19971
Estimated Value: $678,000 - $948,903
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
(302) 245-6646 susannah@lnf.com Long & Foster Real Estate, Inc. License #RS-0015236 Listed on: 04/05/2021
Co-Listed By
(302) 745-0826 cynthia.daniel@longandfoster.com Jack Lingo - Rehoboth License #RS-0013896
Last Buyer's Agent
(240) 274-1219 joe.petrone@sothebysrealty.com Monument Sotheby's International Realty
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
- Entry on the 1st floor
- 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%
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
$303,976
Avg. Annual Appreciation
9.68%
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%
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 |
|---|---|---|---|---|
| 2025 | $1,536 | $13,500 | $0 | $13,500 |
| 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
-
Cynthia Daniel
Seller Co-Listing Agent in 2021
Cynthia Daniel
Jack Lingo - Rehoboth
(302) 745-0826
14 in this area
36 Total Sales
-
Joe Petrone
Buyer's Agent in 2021
Joe Petrone
OCEAN ATLANTIC SOTHEBYS
(240) 274-1219
6 in this area
1,415 Total Sales
Map
Source: Bright MLS
MLS Number: DESU180246
APN: 334-14.18-120.01-1-E
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