$375,000
SOLD MAR 14, 2017

16 Hickman St Unit 1E Rehoboth Beach, DE 19971

2 Beds
1 Bath
1,100 Sq Ft
$325/mo HOA Fee

Recently Sold

$341 Per Sq Ft

3% Below List Price

67 Days on Market

Highlights

  • Ocean View
  • Coastal Architecture
  • Outdoor Shower
  • Rehoboth Elementary School Rated A
  • Furnished
  • Tile or Brick Flooring

About This Home

As of May 2021

Beach block beauty! First floor unit being sold furnished. Recent updates include a new heating system, electrical panel upgraded, fresh paint and carpets cleaned. Steps to the beach and boardwalk, this classic beach condo with 10 ft. ceilings and gorgeous light throughout is sure to be a charmer. One level living features two bedrooms, one bath with front enclosed sun room and rear breakfast room. Park your car for the weekend and walk everywhere in town. Only lightly rented in the past, but great potential from a home that exudes Old Rehoboth charm!

Last Agent to Sell the Property

Susannah Griffin

Long & Foster Real Estate, Inc. License #RS-0015236 Listed on: 11/16/2016

Long & Foster Real Estate, Inc.

Co-Listed By

Cynthia Daniel

Jack Lingo - Rehoboth License #RS-0013896

Last Buyer's Agent

Susannah Griffin

Long & Foster Real Estate, Inc. License #RS-0015236 Listed on: 11/16/2016

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,248

Year Built

  • Built in 1925

HOA Fees

  • $325 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,100 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Ocean Views
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space Included
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Outbuilding

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Natural Gas Water Heater

Community Details

  • Low-Rise Condominium
  • South Rehoboth Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-14.18-120.01-1-E

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,248

Year Built

Built in 1925

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal, Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Year Built: 1925
  • Remarks Public: Beach block beauty! First floor unit being sold furnished. Recent updates include a new heating system, electrical panel upgraded, fresh paint and carpets cleaned. Steps to the beach and boardwalk, this classic beach condo with 10 ft. ceilings and gorgeous light throughout is sure to be a charmer. One level living features two bedrooms, one bath with front enclosed sun room and rear breakfast room. Park your car for the weekend and walk everywhere in town. Only lightly rented in the past, but great potential from a home that exudes Old Rehoboth charm!
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Icemaker, Refrigerator, Microwave, Oven/Range - Gas, Washer/Dryer Hookups Only, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Entry Level Bedroom, Ceiling Fan(s), Window Treatments
  • Fireplace: No
  • Foundation Details: Block, Crawl Space
  • Floors In Unit Count: 1
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1100
  • Living Area Sq Ft: 1100
  • Net Sq Ft: 1100.00
  • Price Per Sq Ft: 358.64
  • Above Grade Finished Sq Ft: 1100
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 16

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Outside Shower, Outbuilding(s)
  • Roof: Architectural Shingle
  • View: Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 1
  • Parking Features: Gravel Driveway
  • Number Of Parking Spaces Included: 1-Car Parking
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 3900.00
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Lot Size Units: Square Feet
  • Zoning Description: TOWN CODES
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Total Actual Rent: 11000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5197300
  • Tax Annual Amount: 1248.00
  • Assessor Parcel Number: 334-14.18-120.01-1-E
  • County Tax Payment Frequency: Annually
  • Close Date: 03/14/2017

MLS Schools

  • School District Name: CAPE HENLOPEN

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
67
Current Estimated Value
$738,446

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
10.41%

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%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $495,000 None Available
Deed $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

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
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

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Map

Source: Bright MLS

MLS Number: 1001023528

Bright MLS

APN: 334-14.18-120.01-1-E