NOT LISTED FOR SALE

Estimated Value: $508,000 - $605,502

3 Beds
2 Baths
1,792 Sq Ft
$309/Sq Ft Est. Value

Last Sold January 24, 2025

Last sale price $250,000 $140 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $3,057/month

20 Days on Market

Highlights

  • Rambler Architecture
  • 2 Car Attached Garage
  • More Than Two Accessible Exits
  • Love Creek Elementary School Rated A
  • Community Playground
  • Parking Storage or Cabinetry

About This Home

As of January 2025

Welcome to this charming three-bedroom, two-bathroom fixer-upper with endless potential nestled on a spacious corner lot in a desirable community. Surrounded by mature landscaping, this property offers both privacy and curb appeal. The home boasts a large side-entry garage and a rear deck, providing excellent outdoor space for entertaining or relaxing.

While the home does need repairs, it presents an incredible opportunity for buyers looking to customize and restore it to its full potential. A recent home inspection report has already been completed and will be made available to interested buyers, ensuring full transparency.

Sellers are motivated and open to all reasonable offers. Whether you're a homeowner looking for a project or an investor seeking a promising property, the potential here is unlimited. Don't miss your chance to bring this home back to life and make it your own!

Schedule a viewing today and explore the possibilities.

Last Agent to Sell the Property

Robin Bunting

(302) 332-0830 robinsellsdelaware@gmail.com Compass License #RA-0020918 Listed on: 12/17/2024

Compass

Last Buyer's Agent

Robin Bunting

(302) 332-0830 robinsellsdelaware@gmail.com Compass License #RA-0020918 Listed on: 12/17/2024

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 0.46 Acre Lot
  • Cleared Lot

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 4 Driveway Spaces
  • Parking Storage or Cabinetry
  • Side Facing Garage

Home Design

  • Rambler Architecture
  • Modular or Manufactured Materials

Interior Spaces

  • 1,792 Sq Ft Home
  • Property has 1 Level
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • More Than Two Accessible Exits

Schools

  • Love Creek Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 234-17.00-256.00

Community Details

Overview

  • Herring Creek Estates HOA Rickey Hill HOA
  • Herring Creek Estates Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1792
  • Living Area Sq Ft: 1792
  • Price Per Sq Ft: 237.72
  • Above Grade Finished Sq Ft: 1792
  • Above Grade Finished Area Units: Square Feet

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
  • Construction Materials: Modular/Manufactured
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry, Additional Storage Area
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 300.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Tot Lots/Playground
  • HOA Name: HERRING CREEK ESTATES HOA - RICKEY HILL
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: LOVE CREEK
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 0.46
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19920.00
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 234-17.00-256.00

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2024
Closed on
Jan 22, 2025
Sold by
Hawkinson Richard
Bought by
Nikolaus John M and Felus Joseph S
Seller's Agent
Robin Bunting
Compass
Buyer's Agent
Robin Bunting
Compass
List Price
$426,000
Sold Price
$250,000
Premium/Discount to List
-$176,000
-41.31%
Views
36
Current Estimated Value
$553,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,876
Avg. Annual Appreciation
144.44%
Original Mortgage
$325,000
Outstanding Balance
$322,761
Interest Rate
6.85%
Mortgage Type
Construction
Estimated Equity
$231,115

Purchase Details

Closed on
Jun 29, 2001
Bought by
Hawkinson Carl F and Hawkinson Gloria J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nikolaus John M $250,000 None Listed On Document
Hawkinson Carl F $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nikolaus John M $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2025 01/24/25 Sold $250,000 -41.3% $140 / Sq Ft
01/06/2025 01/06/25 Pending -- -- --
12/17/2024 12/17/24 For Sale $426,000 -- $238 / 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
2025 $1,412 $29,600 $5,000 $24,600
2024 $959 $29,600 $5,000 $24,600
2023 $958 $29,600 $5,000 $24,600
2022 $907 $29,600 $5,000 $24,600
2021 $994 $29,600 $5,000 $24,600
2020 $990 $29,600 $5,000 $24,600
2019 $992 $29,600 $5,000 $24,600
2018 $900 $29,600 $0 $0
2017 $845 $29,600 $0 $0
2016 $707 $29,600 $0 $0
2015 $679 $29,600 $0 $0
2014 $667 $29,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2070610

Bright MLS

APN: 234-17.00-256.00