$410,000
SOLD JUL 24, 2020

16 Hickman St Unit 2 Rehoboth Beach, DE 19971

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

Recently Sold

$373 Per Sq Ft

9% Below List Price

503 Days on Market

Highlights

  • Water Oriented
  • Wood Flooring
  • Furnished
  • Rehoboth Elementary School Rated A
  • Sun or Florida Room
  • Living Room

About This Home

As of August 2021

Welcome to The Cloisters! This two bedroom unit is just steps to the boardwalk and ocean, and a few blocks from restaurants, shopping, and other resort attractions. Located in South Rehoboth on the ocean block of Hickman Street , this apartment style condominium is being sold completely furnished and ready for your immediate occupancy. This property is open and airy with ten foot ceilings and gives you that old Rehoboth charm with all of the modern conveniences. Park your car and walk everywhere in town you'd want to go. Good rental history for the investor, or just keep it for your beach retreat. Don't miss out on this classic beach condominium!

Last Agent to Sell the Property

Terry Millman

Jack Lingo - Rehoboth License #RA-0002220 Listed on: 01/25/2019

Jack Lingo - Rehoboth

Co-Listed By

Rick Monkman

Jack Lingo - Rehoboth License #RS-0016097

Last Buyer's Agent

JESSICA BRADLEY

Jack Lingo - Rehoboth License #RS-0015408

Jack Lingo - Rehoboth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $813

Year Built

  • Built in 1925

Lot Details

  • Property is in very good condition

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 1,100 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Sun or Florida Room
  • Wood Flooring
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Outdoor Shower
  • Water Oriented
  • Property is near an ocean
  • Shed
  • Outbuilding

Schools

  • Rehoboth Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 334-14.18-120.01-2-W

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, reserve funds, trash
  • 6 Units
  • Low-Rise Condominium
  • Cloisters Community
  • South Rehoboth Subdivision

Security

  • Fire Escape

Property Details

Home Type

Condominium

Est. Annual Taxes

$813

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: Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Inclusions: All furnishings
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1925
  • Remarks Public: Welcome to The Cloisters! This two bedroom unit is just steps to the boardwalk and ocean, and a few blocks from restaurants, shopping, and other resort attractions. Located in South Rehoboth on the ocean block of Hickman Street , this apartment style condominium is being sold completely furnished and ready for your immediate occupancy. This property is open and airy with ten foot ceilings and gives you that old Rehoboth charm with all of the modern conveniences. Park your car and walk everywhere in town you'd want to go. Good rental history for the investor, or just keep it for your beach retreat. Don't miss out on this classic beach condominium!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Washer, Water Heater
  • Entry Floor: 2
  • Flooring Type: Hardwood
  • Interior Amenities: Ceiling Fan(s), Flat, Window Treatments, Wood Floors
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Crawl Space
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room Count: 6
  • Room List: Living Room, Kitchen, Sun/Florida Room
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1100
  • Living Area Sq Ft: 1100
  • Price Per Sq Ft: 380.91
  • Above Grade Finished Sq Ft: 1100
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 16

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Frame
  • Exterior Features: Outbuilding(s), Fire Escape, Outside Shower
  • Road Surface Type: Paved
  • Roof: Asphalt
  • Water Access: No
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 975.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Reserve Funds, Trash
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: REHOBOTH
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • Elementary School Source: Listing Agent
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 300200396895
  • School District Source: 3rd Party
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Property Condition: Very Good
  • Zoning: R-2
  • Zoning Description: Residential
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 813.00
  • Assessor Parcel Number: 334-14.18-120.01-2-W
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Close Date: 07/24/2020

MLS Schools

  • School District Name: CAPE HENLOPEN

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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

Property History

Date Event Price Change Sq Ft Price
08/09/2021 08/09/21 Sold $670,000 -0.6% $609 / Sq Ft
06/14/2021 06/14/21 Pending -- -- --
06/13/2021 06/13/21 Price Changed $674,000 -3.6% $613 / Sq Ft
06/07/2021 06/07/21 For Sale $699,000 +70.5% $635 / Sq Ft
07/24/2020 07/24/20 Sold $410,000 -2.1% $373 / Sq Ft
06/11/2020 06/11/20 Pending -- -- --
08/04/2019 08/04/19 Price Changed $419,000 -4.8% $381 / Sq Ft
04/17/2019 04/17/19 Price Changed $439,900 -2.2% $400 / Sq Ft
01/25/2019 01/25/19 For Sale $449,900 +18.7% $409 / Sq Ft
04/04/2014 04/04/14 Sold $379,000 0.0% --
03/06/2014 03/06/14 Pending -- -- --
05/16/2013 05/16/13 For Sale $379,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU129948

Bright MLS