NOT LISTED FOR SALE

227 Hickman St Rehoboth Beach, DE 19971

Estimated Value: $1,635,000 - $3,102,000

5 Beds
4.5 Baths
2,587 Sq Ft
$963/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $1,809,428 $699 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $13,408/month

Highlights

  • Open Floorplan
  • Coastal Architecture
  • No HOA
  • Rehoboth Elementary School Rated A
  • Wood Flooring
  • 3-minute walk to Stockley St Playground

About This Home

As of January 2021

New Construction! 5BR/4.5BA beach home built by Evergreene. Open floor plan, great room with gas fireplace flows to the gorgeous kitchen with all of the high end finishes. First floor en suite bedroom plus four bedrooms on second floor.

Last Agent to Sell the Property

datacorrect BrightMLS

Non Subscribing Office Listed on: 01/29/2021

Last Buyer's Agent

DEBBIE REED

RE/MAX Realty Group Rehoboth License #RS-0010229

RE/MAX Realty Group Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $600

Year Built

  • Built in 2021

Lot Details

  • 5,000 Sq Ft Lot
  • Property is in excellent condition
  • Property is zoned MR

Parking

  • Driveway

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Stick Built Home

Interior Spaces

  • 2,587 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Wainscoting
  • Gas Fireplace
  • Combination Dining and Living Room
  • Basement
  • Interior Basement Entry

Kitchen

  • Built-In Oven
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • Walk-In Closet

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Tankless Water Heater
  • Propane Water Heater

Community Details

  • No Home Owners Association
  • South Rehoboth Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-14.17-442.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$600

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2021
  • Remarks Public: New Construction! 5BR/4.5BA beach home built by Evergreene. Open floor plan, great room with gas fireplace flows to the gorgeous kitchen with all of the high end finishes. First floor en suite bedroom plus four bedrooms on second floor.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Oven - Wall, Refrigerator, Water Heater
  • Flooring Type: Carpet, Tile/Brick, Wood
  • Interior Amenities: Combination Dining/Living, Floor Plan - Open, Kitchen - Island, Wainscotting, Walk-In Closet(s), Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Interior Access
  • Total Sq Ft: 2587
  • Living Area Sq Ft: 2587
  • Price Per Sq Ft: 699.43
  • Above Grade Finished Sq Ft: 2587
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 227

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Tankless, Propane
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Property Condition: Excellent
  • Zoning: MR
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 24507357
  • Tax Annual Amount: 600.00
  • Assessor Parcel Number: 334-14.17-442.01
  • Close Date: 01/29/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2021
Closed on
Jan 25, 2021
Sold by
Evergreene Co Llc
Bought by
Nash Nicole J
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
List Price
$1,809,428
Sold Price
$1,809,428
Current Estimated Value
$2,491,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$682,007
Avg. Annual Appreciation
7.65%
Original Mortgage
$1,001,000
Outstanding Balance
$892,954
Interest Rate
2%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,598,481
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
Nash Nicole J $1,809,428 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nash Nicole J $1,001,000
Closed Nash Nicole J $1,001,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $1,809,428 0.0% $699 / Sq Ft
01/29/2021 01/29/21 For Sale $1,809,428 -- $699 / Sq Ft
06/26/2020 06/26/20 Pending -- -- --
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 $2,233 $46,550 $7,000 $39,550
2023 $2,231 $46,550 $7,000 $39,550
2022 $2,153 $46,550 $7,000 $39,550
2021 $2,133 $46,550 $7,000 $39,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU176712

Bright MLS

APN: 334-14.17-442.01