NOT LISTED FOR SALE

229 Hickman St Rehoboth Beach, DE 19971

Estimated Value: $2,500,460 - $3,102,000

5 Beds
4.5 Baths
2,587 Sq Ft
$1,085/Sq Ft Est. Value

Last Sold January 22, 2021

Last sale price $1,875,510 $725 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $15,092/month

12 Days on Market

Highlights

  • New Construction
  • Gourmet Kitchen
  • Coastal Architecture
  • Rehoboth Elementary School Rated A
  • Open Floorplan
  • 3-minute walk to Stockley St Playground

About This Home

As of January 2021

NEW CONSTRUCTION! Lock in your newly built, 5BR beach home in South Rehoboth now! This Evergreene built home is loaded with upgrades. Open floor plan for easy beach living. Great room with gas fireplace flows to the gorgeous kitchen with all of the high end finishes including Granite countertops, stainless steel appliance package, island with sink and additional seating. First floor en suite bedroom plus four bedrooms on the second floor including the master suite. Front screened porch and full unfinished basement. Great property for personal use or as an investment property. Don t let this be another missed opportunity. 2021 completion, photos and renderings are of a similar home and do not reflect the exact home to be built.

Last Agent to Sell the Property

DEBBIE REED

RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 07/30/2020

RE/MAX Realty Group Rehoboth

Last Buyer's Agent

Kimberly Capano

Dave McCarthy & Associates, Inc. License #RS-0022304

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $600

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Corner Lot
  • Property is in excellent condition
  • Property is zoned RS

Home Design

  • Coastal Architecture
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,587 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Wet Bar
  • Wainscoting
  • Gas Fireplace
  • Combination Dining and Living Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Gourmet Kitchen
  • Built-In Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • Walk-In Closet

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • South Rehoboth Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$600

Year Built

Built in 2021 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2021
  • Automatically Close On Close Date: No
  • Remarks Public: NEW CONSTRUCTION! Lock in your newly built, 5BR beach home in South Rehoboth now! This Evergreene built home is loaded with upgrades. Open floor plan for easy beach living. Great room with gas fireplace flows to the gorgeous kitchen with all of the high end finishes including Granite countertops, stainless steel appliance package, island with sink and additional seating. First floor en suite bedroom plus four bedrooms on the second floor including the master suite. Front screened porch and full unfinished basement. Great property for personal use or as an investment property. Don t let this be another missed opportunity. 2021 completion, photos and renderings are of a similar home and do not reflect the exact home to be built.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Icemaker, Microwave, Oven - Wall, Refrigerator, Water Heater - Tankless
  • Flooring Type: Carpet, Tile/Brick, Wood
  • Interior Amenities: Combination Dining/Living, Entry Level Bedroom, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Wainscotting, Walk-In Closet(s), Wet/Dry Bar, Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2587
  • Living Area Sq Ft: 2587
  • Price Per Sq Ft: 715.11
  • Above Grade Finished Sq Ft: 2587
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 229

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, Vinyl Siding
  • Construction Completed: No
  • 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
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Bottled Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • 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

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

  • Lot Features: Corner
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50x100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Property Condition: Excellent
  • Zoning: RS
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Tax Annual Amount: 600.00
  • Assessor Parcel Number: NO TAX RECORD
  • Close Date: 01/22/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2020
Closed on
Jan 19, 2021
Sold by
Evergreene Co Llc
Bought by
Kelly Denise A and Kelly Brian T
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Kimberly Capano
Dave McCarthy & Associates, Inc.
List Price
$1,850,000
Sold Price
$1,875,510
Premium/Discount to List
$25,510
1.38%
Total Days on Market
12
Current Estimated Value
$2,807,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$932,310
Avg. Annual Appreciation
9.70%

Purchase Details

Closed on
Feb 26, 2020
Sold by
Evergreen Companies Llc
Bought by
Evergreen Co Llc

Purchase Details

Closed on
Nov 4, 2019
Sold by
Frank Roger Young Ret
Bought by
Evergreene Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,283,370
Interest Rate
3.65%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 3, 2000
Bought by
Young Frank Rodger and Norma Wieland
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
Kelly Denise A $1,875,510 None Available
Evergreen Co Llc -- None Available
Evergreene Co Llc $1,750,000 --
Young Frank Rodger $699,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Denise Anne $225,000
Previous Owner Evergreene Co Llc $2,283,370
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2021 01/22/21 Sold $1,875,510 +1.4% $725 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $1,850,000 -- $715 / 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 $2,297 $46,550 $7,000 $39,550
2023 $2,295 $46,550 $7,000 $39,550
2022 $2,215 $46,550 $7,000 $39,550
2021 $2,194 $46,550 $7,000 $39,550
2020 $2,185 $46,550 $7,000 $39,550
2019 $1,789 $46,550 $7,000 $39,550
2018 $1,644 $46,550 $0 $0
2017 $1,958 $46,550 $0 $0
2016 $1,359 $46,550 $0 $0
2015 $1,277 $46,550 $0 $0
2014 $1,264 $46,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU165730

Bright MLS

APN: 334-14.17-442.00