NOT LISTED FOR SALE

200 Hickman St Rehoboth Beach, DE 19971

Estimated Value: $1,888,000 - $2,232,000

4 Beds
2 Baths
-- Sq Ft
5,000 Sq Ft Lot

Last Sold November 21, 2024

Last sale price $1,900,000

Est. 7% increase in value since last sale

Current estimated payment $10,959/month

41 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Heating Available
  • Rehoboth Elementary School Rated A
  • Central Air
  • 3-minute walk to Stockley Street Park

About This Home

As of November 2024

4 bedroom, 2 bath beach cottage located on east end of the 200 block of Hickman Street in highly sought-after South Rehoboth. Just two blocks from the famous wide white sandy beaches of Rehoboth. The house currently generates $62,000+/- gross rental income each year. Conveniently located just a short walk from the beach, boardwalk, restaurants, shopping, great entertainment, and all other Rehoboth Beach attractions. The 200 block of Hickman Street offers the best of both worlds -- quiet residential street and yet easy walk to the many fine restaurants & shops downtown. Adjacent 50' x 100' lot (202 Hickman Street) is also listed for $2,095,000 and creates the rare opportunity to acquire a double lot in South Rehoboth.

Last Agent to Sell the Property

Joe Reed

(302) 430-4060 joe@reedventures.net Cape Realty Listed on: 09/06/2024

Co-Listed By

Brent Reed

(302) 265-7400 brent@reedventures.net Cape Realty

Last Buyer's Agent

JAMES MCGREGOR

(302) 227-3883 jim@mcgregorcustomhomes.com Jack Lingo - Rehoboth License #RS-0020032

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Property is in good condition

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • Property has 2 Levels
  • Brick Fireplace

Kitchen

  • Oven
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • On-Street Parking

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • South Rehoboth Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-14.17-448.00

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Refrigerator, Oven - Single
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: No
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Property Condition: Good
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 715.00
  • Tax Annual Amount: 864079.00
  • Assessor Parcel Number: 334-14.17-448.00
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2024
Closed on
Nov 15, 2024
Sold by
Sheehan Charles E
Bought by
Hall William M and Hall Florence E
Seller's Agent
Joe Reed
Cape Realty
Buyer's Agent
JAMES MCGREGOR
Jack Lingo - Rehoboth
List Price
$2,095,000
Sold Price
$1,900,000
Premium/Discount to List
-$195,000
-9.31%
Views
76
Current Estimated Value
$2,025,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,000
Avg. Annual Appreciation
6.20%

Purchase Details

Closed on
Oct 20, 2014
Bought by
Sheehan Md Charles E

Purchase Details

Closed on
Jun 27, 2014
Sold by
Charels E Charels E
Bought by
Hickman Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
Hall William M $1,900,000 None Listed On Document
Sheehan Md Charles E -- --
Hickman Llc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2024 11/21/24 Sold $1,900,000 -4.8% --
10/17/2024 10/17/24 Price Changed $1,995,000 -4.8% --
10/17/2024 10/17/24 Price Changed $2,095,000 +5.0% --
10/01/2024 10/01/24 Price Changed $1,995,000 -4.8% --
09/06/2024 09/06/24 For Sale $2,095,000 -- --
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
2025 $3,679 $15,950 $8,750 $7,200
2024 $786 $15,950 $8,750 $7,200
2023 $785 $15,950 $8,750 $7,200
2022 $758 $15,950 $8,750 $7,200
2021 $751 $15,950 $8,750 $7,200
2020 $749 $15,950 $8,750 $7,200
2019 $750 $15,950 $8,750 $7,200
2018 $700 $15,950 $0 $0
2017 $671 $15,950 $0 $0
2016 $637 $15,950 $0 $0
2015 $609 $15,950 $0 $0
2014 -- $15,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joe Reed

    Seller's Agent in 2024

    Joe Reed

    Cape Realty

    (302) 430-4060

    7 in this area

    18 Total Sales

    Joe Reed
    Section Image
  • Brent Reed

    Seller Co-Listing Agent in 2024

    Brent Reed

    Cape Realty

    (302) 265-7400

    8 in this area

    56 Total Sales

    Brent Reed
    Section Image

  • J

    Buyer's Agent in 2024

    JAMES MCGREGOR

    Jack Lingo - Rehoboth

    (302) 227-3883

    5 in this area

    9 Total Sales

    JAMES MCGREGOR
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2070084

Bright MLS

APN: 334-14.17-448.00

Delaware Sussex County Rehoboth Beach 19971

200 Hickman St, Rehoboth Beach, DE

Not Listed for Sale

Detached

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