$1,650,000
SOLD DEC 22, 2022

225 Hickman St Rehoboth Beach, DE 19971

3 Beds
2 Baths
-- Sq Ft
5,340 Sq Ft Lot

Recently Sold

6% Below List Price

43 Days on Market

Highlights

  • City View
  • Coastal Architecture
  • Furnished
  • 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 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. 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

Last Agent to Sell the Property

Rick Monkman

(302) 226-6658 monk0388@aol.com Jack Lingo - Rehoboth License #RS-0016097 Listed on: 09/24/2022

Jack Lingo - Rehoboth

Co-Listed By

Terry Millman

(302) 226-6640 TERRY@JACKLINGO.COM Jack Lingo - Rehoboth License #RA-0002220

Last Buyer's Agent

Allison Bateman

(302) 226-6616 allison@jacklingo.com Jack Lingo - Rehoboth License #RA-0001921

Jack Lingo - Rehoboth

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $1,645

Year Built

  • Built in 1982

Lot Details

  • 5,340 Sq Ft Lot
  • Lot Dimensions are 50.00 x 107.00
  • South Facing Home
  • Wood Fence
  • Landscaped
  • Interior Lot
  • Back Yard Fenced
  • Property is in excellent condition

Home Design

  • Coastal Architecture
  • Rambler Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • Property has 1 Level
  • Furnished
  • Recessed Lighting
  • Wood Burning Fireplace
  • Brick Fireplace
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Combination Kitchen and Dining Room
  • City Views
  • Crawl Space
  • Flood Lights

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

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

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Deck
  • Exterior Lighting
  • Outdoor Storage
  • Outbuilding

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Back Up Electric Heat Pump System
  • 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
  • 1-Story Building
  • South Rehoboth Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$1,645

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Modular/Pre-Fabricated, Ranch/Rambler
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: No Stairs
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-09-24
  • Federal Flood Zone: No
  • Year Built: 1982
  • Automatically Close On Close Date: 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 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. 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
  • Special Features: None
  • Property Sub Type: MobileManufactured

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Carpet, Combination Kitchen/Dining, Recessed Lighting, Upgraded Countertops, Window Treatments
  • Window Features: Screens
  • Fireplace Features: Brick, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block, Crawl Space
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor, Washer In Unit
  • 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
  • Construction Materials: Brick, Stick Built, Vinyl Siding
  • Exterior Features: Exterior Lighting, Flood Lights, Outbuilding(s), Secure Storage, Street Lights
  • Roof: Asphalt
  • View: City, Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • 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, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Central, Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv 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
  • 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
  • Fencing: Rear, Wood
  • Land Use Code: 999
  • Lot Features: Interior, Landscaping, Rear Yard
  • Lot Size Acres: 0.12
  • Lot Dimensions: 50.00 x 107.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5340.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 1015.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1644.58
  • Assessor Parcel Number: 334-14.17-441.00
  • Tax Lot: 69
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 12/22/2022

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
$1,699,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$100,375
Avg. Annual Appreciation
-3.59%

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 Type Sale Price Title Company
Deed $1,800,000 None Listed On Document
Deed $1,650,000 --
Interfamily Deed Transfer $869,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,320,000 New Conventional
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
2025 $3,434 $23,550 $8,950 $14,600
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: DESU2029730

Bright MLS

APN: 334-14.17-441.00