NOT LISTED FOR SALE

17 Hickman St Rehoboth Beach, DE 19971

Estimated Value: $3,054,128 - $3,612,000

5 Beds
4 Baths
3,000 Sq Ft
$1,139/Sq Ft Est. Value

Last Sold September 28, 2020

Last sale price $2,250,000 $750 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $19,367/month

44 Days on Market

Highlights

  • In Ground Pool
  • Building is oceanfront but unit may not have water views
  • Coastal Architecture
  • Rehoboth Elementary School Rated A
  • Open Floorplan
  • Main Floor Bedroom

About This Home

As of September 2020

Location, location, location! This Oceanblock oversized parcel features a five bedroom four bath home with 12 X 24 inground swimming pool. Excellent rental income for the investment buyer. Ideal home for the second home buyer. Plenty of room for friends and family. Enter the home via the front open porch to an open concept floor plan of one master bedroom and bathroom, a great room, dining area, kitchen and rear screened porch overlooking the pool. The second floor of the home features two additional master bedrooms with master bathrooms and two additional bedrooms that share a common bathroom. One master bedroom has a balcony overlooking the inground pool. A side driveway provides off street parking and the rear outside shower allows access to rinse off the sand. This home is located in much desired South Rehoboth just steps to the beach and boardwalk and an easy stroll to downtown Rehoboth for your dining and shopping needs. Home features leased solar panels to reduce energy costs.

Last Agent to Sell the Property

Kathy Newcomb

Coldwell Banker Premier - Rehoboth License #RA-0003510 Listed on: 06/08/2020

Coldwell Banker Premier - Rehoboth

Co-Listed By

Elizabeth Dorman

Coldwell Banker Premier - Rehoboth

Last Buyer's Agent

Ira Hersh

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,028

Year Built

  • Built in 2002

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50.00 x 127.00
  • Building is oceanfront but unit may not have water views
  • Sprinkler System
  • Cleared Lot
  • Back Yard
  • Property is in good condition
  • Property is zoned TN

Home Design

  • Coastal Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Fire Sprinkler System

Kitchen

  • Double Oven
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry on upper level
  • Electric Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces

Pool

  • In Ground Pool
  • Fence Around Pool
  • Outdoor Shower

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Porch

Community Details

  • No Home Owners Association
  • South Rehoboth Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 49
  • Assessor Parcel Number 334-14.18-106.02

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,028

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: Furniture as seen.
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2002
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Location, location, location! This Oceanblock oversized parcel features a five bedroom four bath home with 12 X 24 inground swimming pool. Excellent rental income for the investment buyer. Ideal home for the second home buyer. Plenty of room for friends and family. Enter the home via the front open porch to an open concept floor plan of one master bedroom and bathroom, a great room, dining area, kitchen and rear screened porch overlooking the pool. The second floor of the home features two additional master bedrooms with master bathrooms and two additional bedrooms that share a common bathroom. One master bedroom has a balcony overlooking the inground pool. A side driveway provides off street parking and the rear outside shower allows access to rinse off the sand. This home is located in much desired South Rehoboth just steps to the beach and boardwalk and an easy stroll to downtown Rehoboth for your dining and shopping needs. Home features leased solar panels to reduce energy costs.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer - Electric, Oven - Double, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Island, Sprinkler System, Window Treatments
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • 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: 766.67
  • Above Grade Finished Sq Ft: 3000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 17

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 4

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • Exterior Features: Lawn Sprinkler, Outside Shower
  • Pool Features: Fenced, In Ground
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Phone
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Fee Information

  • Loss Mitigation 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: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: Listing Agent
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 31400.00
  • Land Assessed Value: 13750.00
  • Land Use Code: RS
  • Lot Features: Cleared, Rear Yard
  • Lot Size Acres: 0.14
  • Lot Dimensions: 50.00 x 127.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6098.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: TN
  • Zoning Description: Residential
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Total Actual Rent: 114400.00
  • Vacation Rental: Yes
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5197232
  • School Tax: 1919.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 3028.00
  • Assessor Parcel Number: 334-14.18-106.02
  • Tax Lot: 49
  • Tax Total Finished Sq Ft: 1249
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 09/28/2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2020
Closed on
Sep 25, 2020
Sold by
Moore Mitchell Vntrs Llc
Bought by
Scarboro Frederick and Scarboro Cheryl
Seller's Agent
Kathy Newcomb
Coldwell Banker Premier - Rehoboth
Buyer's Agent
Ira Hersh
Long & Foster Real Estate, Inc.
List Price
$2,300,000
Sold Price
$2,250,000
Premium/Discount to List
-$50,000
-2.17%
Total Days on Market
44
Current Estimated Value
$3,416,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,166,709
Avg. Annual Appreciation
9.32%
Original Mortgage
$1,725,000
Outstanding Balance
$1,551,531
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$1,865,178

Purchase Details

Closed on
Jan 15, 2002
Bought by
Moore-Mitchell Ventures Llc
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 Buyer Sale Price Title Company
Scarboro Frederick $2,250,000 None Available
Moore-Mitchell Ventures Llc $865,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scarboro Frederick $1,725,000
Previous Owner Moore Mitchell Ventures $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2020 09/28/20 Sold $2,250,000 -2.2% $750 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
06/08/2020 06/08/20 For Sale $2,300,000 -- $767 / 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 $2,248 $43,750 $13,750 $30,000
2023 $2,246 $43,750 $13,750 $30,000
2022 $2,167 $43,750 $13,750 $30,000
2021 $2,126 $43,750 $13,750 $30,000
2020 $2,120 $43,750 $13,750 $30,000
2019 $2,123 $43,750 $13,750 $30,000
2018 $1,921 $43,750 $0 $0
2017 $1,840 $43,750 $0 $0
2016 $1,748 $43,750 $0 $0
2015 $1,670 $43,750 $0 $0
2014 $1,658 $43,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kathy Newcomb

    Seller's Agent in 2020

    Kathy Newcomb

    Coldwell Banker Premier - Rehoboth

    (302) 542-4255

    20 in this area

    184 Total Sales

    Kathy Newcomb
    Section Image
  • Elizabeth Dorman

    Seller Co-Listing Agent in 2020

    Elizabeth Dorman

    Coldwell Banker Premier - Rehoboth

    (302) 381-2777

    28 in this area

    203 Total Sales

    Elizabeth Dorman
    Section Image
  • Ira Hersh

    Buyer's Agent in 2020

    Ira Hersh

    Long & Foster

    (202) 302-1213

    1 in this area

    73 Total Sales

    Ira Hersh
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU162252

Bright MLS

APN: 334-14.18-106.02

Delaware Sussex County Rehoboth Beach 19971

17 Hickman St, Rehoboth Beach, DE

This home is located at 17 Hickman St, Rehoboth Beach, DE 19971 since 08 June 2020 and is currently estimated at $3,416,709, approximately $1,138 per square foot. This property was built in 2002. 17 Hickman St is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

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