NOT LISTED FOR SALE

303 Hickman St Rehoboth Beach, DE 19971

Estimated Value: $2,690,386

5 Beds
5.5 Baths
3,000 Sq Ft
$897/Sq Ft Est. Value

Last Sold September 29, 2015

Last sale price $1,615,000 $538 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $15,237/month

81 Days on Market

Highlights

  • In Ground Pool
  • Coastal Architecture
  • Marble Flooring
  • Rehoboth Elementary School Rated A
  • Vaulted Ceiling
  • 2-minute walk to Rehoboth Elementary Playground

About This Home

As of September 2015

Just 4 blocks to the beach & a short walk to shopping & restaurants. A truly amazing find with great rental history! This beautifully designed home has 5 master bedrooms, each with private bathroom. The first floor features an open floor plan and 10 foot ceilings including living room, dining room, gourmet kitchen, 1 master bedroom, powder room and laundry room. From this open floor plan, walk out into a beautiful, private rear outdoor living space with in ground pool & hot tub. The second floor hosts a cathedral ceiling main master suite featuring a large walk-in closet & marble bathroom with soaking tub, separate shower and double sink vanity. There are 3 additional bedrooms each with private marble bath & a second washer & dryer on this floor. This home was designed to create a bright & cheerful atmosphere. Whether it's entertaining friends or relaxing with family, you will find this house is the perfectly located and outfitted beach retreat. Elevator shaft in place. Come & enjoy!

Last Listed By

Dave McCarthy

Dave McCarthy & Associates, Inc. Listed on: 05/28/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,005

Year Built

  • Built in 2013

Lot Details

  • 5,000 Sq Ft Lot
  • Landscaped
  • Sprinkler System
  • Zoning described as TOWN CODES

Home Design

  • Coastal Architecture
  • Cottage
  • Shingle Roof
  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Stick Built Home

Interior Spaces

  • 3,000 Sq Ft Home
  • Property has 2 Levels
  • Wet Bar
  • Vaulted Ceiling
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Combination Kitchen and Dining Room
  • Monitored
  • Stacked Electric Washer and Dryer
  • Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Six Burner Stove
  • Cooktop with Range Hood
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Whirlpool Bathtub

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Driveway
  • Off-Street Parking

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Tankless Water Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Country Club Estates Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-14.17-291.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,005

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Cottage
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 2013
  • Remarks Public: Just 4 blocks to the beach & a short walk to shopping & restaurants. A truly amazing find with great rental history! This beautifully designed home has 5 master bedrooms, each with private bathroom. The first floor features an open floor plan and 10 foot ceilings including living room, dining room, gourmet kitchen, 1 master bedroom, powder room and laundry room. From this open floor plan, walk out into a beautiful, private rear outdoor living space with in ground pool & hot tub. The second floor hosts a cathedral ceiling main master suite featuring a large walk-in closet & marble bathroom with soaking tub, separate shower and double sink vanity. There are 3 additional bedrooms each with private marble bath & a second washer & dryer on this floor. This home was designed to create a bright & cheerful atmosphere. Whether it's entertaining friends or relaxing with family, you will find this house is the perfectly located and outfitted beach retreat. Elevator shaft in place. Come & enjoy!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Electric, Extra Refrigerator/Freezer, Icemaker, Microwave, Oven - Wall, Range Hood, Six Burner Stove, Refrigerator, Washer, Washer/Dryer Stacked, Water Heater, Water Heater - Tankless
  • Flooring Type: Hardwood, Marble
  • Interior Amenities: Attic, Kitchen - Eat-In, Kitchen - Island, Combination Kitchen/Dining, Entry Level Bedroom, Whirlpool/Hottub, Wet/Dry Bar, Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Concrete Perimeter
  • Level Count: 2
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Interior Access
  • Living Area Units: Square Feet
  • Total Sq Ft: 3000
  • Living Area Sq Ft: 3000
  • Net Sq Ft: 3000.00
  • Price Per Sq Ft: 565.00
  • Above Grade Finished Sq Ft: 3000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 303

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Concrete
  • Construction Completed: No
  • Exterior Features: Hot Tub, Lawn Sprinkler, Outside Shower
  • Pool Features: In Ground
  • Roof: Shingle, Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Zoned
  • Heating Type: Forced Air, Heat Pump(s), Zoned
  • Heating: Yes
  • Hot Water: Natural Gas, Tankless
  • Security: Monitored, Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Lot Features: Landscaping
  • Lot Size Acres: 0.11
  • Lot Size Area: 5000
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Zoning Description: TOWN CODES
  • In City Limits: Yes

Rental Info

  • Total Actual Rent: 104000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5196704
  • Tax Annual Amount: 1005.00
  • Assessor Parcel Number: 334-14.17-291.00
  • County Tax Payment Frequency: Annually
  • Close Date: 09/29/2015

Multi Family

  • Income Expense List: Total Tax Bill

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2018
Sold by
Emory Melissa A
Bought by
Robert Emroy Ret
Total Days on Market
81
Current Estimated Value
$2,690,386

Purchase Details

Closed on
May 4, 2016
Sold by
Benfield Gregory M
Bought by
Benfield Gregory M and Benfield Samantha Jill

Purchase Details

Listed on
Sep 27, 2010
Closed on
May 8, 2012
Sold by
Judith H Judith H
Bought by
Molesky Michael M and Smedberg Paul C
Seller's Agent
LINDA BOOK
Coldwell Banker Resort Realty - Rehoboth
Buyer's Agent
Dave McCarthy
Dave McCarthy & Associates, Inc.
List Price
$495,000
Sold Price
$495,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.09%
Original Mortgage
$398,000
Interest Rate
4.01%

Range of Values:

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Average Value
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List 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
Robert Emroy Ret -- --
Robert Emroy Ret -- --
Benfield Gregory M -- None Available
Molesky Michael M $495,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Molesky Michael M $951,808
Previous Owner Molesky Michael M $398,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2015 09/29/15 Sold $1,615,000 -4.7% $538 / Sq Ft
08/17/2015 08/17/15 Pending -- -- --
05/28/2015 05/28/15 For Sale $1,695,000 +242.4% $565 / Sq Ft
05/04/2012 05/04/12 Sold $495,000 0.0% $165 / Sq Ft
05/04/2012 05/04/12 Pending -- -- --
09/27/2010 09/27/10 For Sale $495,000 -- $165 / 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 $2,124 $43,100 $6,250 $36,850
2023 $2,123 $43,100 $6,250 $36,850
2022 $2,049 $43,100 $6,250 $36,850
2021 $2,030 $43,100 $6,250 $36,850
2020 $2,024 $43,100 $6,250 $36,850
2019 $2,026 $43,100 $6,250 $36,850
2018 $1,893 $43,100 $0 $0
2017 $1,813 $43,100 $0 $0
2016 $1,722 $43,100 $0 $0
2015 $1,645 $43,100 $0 $0
2014 $237 $6,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001006484

Bright MLS

APN: 334-14.17-291.00