NOT LISTED FOR SALE

225 Hickman St Rehoboth Beach, DE 19971

Estimated Value: $812,000 - $2,464,000

3 Beds
2 Baths
-- Sq Ft
5,227 Sq Ft Lot

Last Sold February 29, 2024

Last sale price $1,800,000

Est. 3% decrease in value since last sale

Current estimated payment $9,607/month

49 Days on Market

Highlights

  • City View
  • Coastal Architecture
  • Main Floor Bedroom
  • Rehoboth Elementary School Rated A
  • Deck
  • 3-minute walk to Stockley St Playground

About This Home

As of February 2024

Nestled among the trees and only 2.7 blocks to the beach and boardwalk, you will find a gem. Impeccably maintained, this South Rehoboth single story home is fully furnished & ready for you to move in and start making beach memories. Offering 3 bedrooms , 2 baths, a living room with a wood burning fireplace, an open kitchen and dining area, separate laundry room and large rear deck. There is a fenced back yard with a 16 by 10 foot large garden shed for all your bikes and beach toys. Perfect as it is. Park your cars and enjoy all the Rehoboth activities. -2 driveways for 1 car each and the curb cuts leading to the driveways gives you 4 parking spaces !(in season permit required for parking in curb cut) Located in the much sought after South Rehoboth residential neighborhood. Great shopping and world class restaurants are nearby. Enjoy all that Rehoboth has to offer, be it the beach, boardwalk, and bike trails. Oversized Lot 50' By 107' gives you more opportunities to make additions or changes to the property. There is a license agreement for a .91" encroachment for the house to the east. Heat pump 14 months old.

Last Agent to Sell the Property

Allison Bateman

Jack Lingo - Rehoboth License #RA-0001921 Listed on: 12/16/2023

Jack Lingo - Rehoboth

Co-Listed By

Rick Monkman

Jack Lingo - Rehoboth License #RS-0016097

Last Buyer's Agent

JEANMARIE CLAVIER

Jack Lingo Inc. Realtor

Jack Lingo Inc. Realtor

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $1,711

Year Built

  • Built in 1982

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50.00 x 107.00
  • Downtown Location
  • East Facing Home
  • Partially Fenced Property
  • Wood Fence
  • Landscaped
  • Interior Lot
  • Back Yard
  • Property is in very good condition

Home Design

  • Coastal Architecture
  • Rambler Architecture
  • Brick Exterior Construction
  • Batts Insulation
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Brick Fireplace
  • Window Treatments
  • Sliding Windows
  • Window Screens
  • Insulated Doors
  • Combination Kitchen and Dining Room
  • Carpet
  • City Views
  • Crawl Space
  • Attic Fan
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Walk-in Shower
  • Solar Tube

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Parking

  • 2 Off-Street Spaces
  • On-Street Parking

Accessible Home Design

  • No Interior Steps
  • More Than Two Accessible Exits
  • Level Entry For Accessibility
  • Low Pile Carpeting

Outdoor Features

  • Outdoor Shower
  • Deck
  • Shed
  • Outdoor Grill

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Electric Baseboard Heater
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 69
  • Assessor Parcel Number 334-14.17-441.00

Community Details

Overview

  • No Home Owners Association
  • South Rehoboth Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$1,711

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler, Modular/Pre-Fabricated, Coastal
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: 2+ Access Exits, Level Entry - Main, Low Pile Carpeting, No Stairs
  • Ownership: Fee Simple
  • Exclusions: Bikes, helmets, lawn mower, blue patio chairs, kitchen dishes, tableware, Christmas decor, some linens and towels, big coffee machine
  • Historic: No
  • Inclusions: Appliances, furnishings
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-12-23
  • Federal Flood Zone: No
  • Year Built: 1982
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Nestled among the trees and only 2.7 blocks to the beach and boardwalk, you will find a gem. Impeccably maintained, this South Rehoboth single story home is fully furnished & ready for you to move in and start making beach memories. Offering 3 bedrooms , 2 baths, a living room with a wood burning fireplace, an open kitchen and dining area, separate laundry room and large rear deck. There is a fenced back yard with a 16 by 10 foot large garden shed for all your bikes and beach toys. Perfect as it is. Park your cars and enjoy all the Rehoboth activities. -2 driveways for 1 car each and the curb cuts leading to the driveways gives you 4 parking spaces !(in season permit required for parking in curb cut) Located in the much sought after South Rehoboth residential neighborhood. Great shopping and world class restaurants are nearby. Enjoy all that Rehoboth has to offer, be it the beach, boardwalk, and bike trails. Oversized Lot 50' By 107' gives you more opportunities to make additions or changes to the property. There is a license agreement for a .91" encroachment for the house to the east. Heat pump 14 months old.
  • Special Features: None
  • Property Sub Type: MobileManufactured

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Entry Floor: 1
  • Interior Amenities: Attic, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Entry Level Bedroom, Kitchen - Eat-In, Primary Bath(s), Solar Tube(s), Bathroom - Stall Shower, Window Treatments, Attic/House Fan, Recessed Lighting, Upgraded Countertops
  • Window Features: Screens, Sliding
  • Fireplace Features: Brick, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Crawl Space
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Has Laundry, Main Floor
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 225

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick, Vinyl Siding, Stick Built, Batts Insulation
  • Exterior Features: Bbq Grill, Outside Shower, Secure Storage, Sidewalks, Street Lights
  • Road Surface Type: Black Top
  • Roof: Asphalt
  • Spa: No
  • View: City
  • 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: 4
  • Type Of Parking: Driveway, Off Street, On Street
  • Number of Spaces in Driveway: 2
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Baseboard - Electric, Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Partially, Wood
  • Land Use Code: 999
  • Lot Features: Landscaping, Rear Yard, Interior
  • Lot Size Acres: 0.12
  • Lot Dimensions: 50.00 x 107.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5227.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: TN
  • Zoning Description: Single Family Residential
  • In City Limits: Yes

Rental Info

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

Tax Info

  • School Tax: 1055.00
  • Tax Annual Amount: 1711.00
  • Assessor Parcel Number: 334-14.17-441.00
  • Tax Lot: 69
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 02/29/2024

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2023
Closed on
Feb 29, 2024
Sold by
Gary W Wells Living Trust and Linda L Wells Living Trust
Bought by
Smith Mark A
Seller's Agent
Allison Bateman
Jack Lingo - Rehoboth
Buyer's Agent
JEANMARIE CLAVIER
Jack Lingo Inc. Realtor
List Price
$2,099,000
Sold Price
$1,800,000
Premium/Discount to List
-$299,000
-14.24%
Views
118
Current Estimated Value
$1,745,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$54,643
Avg. Annual Appreciation
-1.34%

Purchase Details

Listed on
Sep 24, 2022
Closed on
Dec 22, 2022
Sold by
Nyquist George
Bought by
Gary W Wells Living Trust
Seller's Agent
Rick Monkman
Jack Lingo - Rehoboth
Buyer's Agent
Allison Bateman
Jack Lingo - Rehoboth
List Price
$1,749,900
Sold Price
$1,650,000
Premium/Discount to List
-$99,900
-5.71%
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.59%
Original Mortgage
$1,320,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 31, 2014
Closed on
Jan 26, 2015
Sold by
Knotts Richard H and Knotts Melody M
Bought by
Nyquist George
Seller's Agent
GAIL LEKITES
Long & Foster Real Estate, Inc.
Buyer's Agent
Rick Monkman
Jack Lingo - Rehoboth
List Price
$869,000
Sold Price
$869,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.44%
Source: Public Records

Range of Values:

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Average Value
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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
Smith Mark A $1,800,000 None Listed On Document
Gary W Wells Living Trust $1,650,000 --
Nyquist George $869,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gary W Wells Living Trust $1,320,000
Previous Owner Nyquist George $598,610
Previous Owner Nyquist George S $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $1,800,000 -14.2% --
02/05/2024 02/05/24 For Sale $2,099,000 0.0% --
02/03/2024 02/03/24 Pending -- -- --
12/16/2023 12/16/23 For Sale $2,099,000 +27.2% --
12/22/2022 12/22/22 Sold $1,650,000 -2.7% --
11/07/2022 11/07/22 Pending -- -- --
10/17/2022 10/17/22 Price Changed $1,695,000 -3.1% --
09/24/2022 09/24/22 For Sale $1,749,900 +101.4% --
01/26/2015 01/26/15 Sold $869,000 0.0% --
12/30/2014 12/30/14 Pending -- -- --
10/31/2014 10/31/14 For Sale $869,000 -- --
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
2024 $1,161 $23,550 $8,950 $14,600
2023 $1,160 $23,550 $8,950 $14,600
2022 $1,119 $23,550 $8,950 $14,600
2021 $1,109 $23,550 $8,950 $14,600
2020 $1,106 $23,550 $8,950 $14,600
2019 $1,096 $23,550 $8,950 $14,600
2018 $1,034 $23,550 $0 $0
2017 $990 $23,550 $0 $0
2016 $941 $23,550 $0 $0
2015 $899 $23,550 $0 $0
2014 $531 $23,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2053156

Bright MLS

APN: 334-14.17-441.00