312 Hickman St Rehoboth Beach, DE 19971
5
Beds
5.5
Baths
2,620
Sq Ft
5,227
Sq Ft Lot
Highlights
- New Construction
- Heated In Ground Pool
- Open Floorplan
- Rehoboth Elementary School Rated A
- Gourmet Kitchen
- 3-minute walk to Rehoboth Elementary Playground
About This Home
As of April 2025Stunning Custom Home with Pool in Downtown Rehoboth Beach!This exquisite 2-year-old home is just over 3 blocks from the beach, making it the perfect rental property, summer getaway, or year-round residence. Featuring 5 bedrooms and 5.5 baths, each bedroom boasts a private en-suite spa inspired bath with upgraded custom tile. The spacious open-air floor plan with 10ft coffered ceilings includes a light-filled gourmet kitchen equipped with top-of-the-line stainless steel appliances, great room and a heated in-ground pool. Ideal for entertaining and family gatherings!The main level features today’s much desired open concept living/dining space, 1st floor master bedroom, powder room and large laundry/pantry. Upstairs, you will find 4 additional bedrooms, each with 9-foot ceilings and luxury spa-like tiled baths. Enjoy the view from the upstairs master bedroom with an east facing terrace overlooking pool and gentle ocean breezes. Located just steps from Rehoboth Avenue, you'll have easy access to a wide variety of highly rated restaurants, boutiques, and the beach and boardwalk.For the investor, this property has a proven track record of a rental juggernaut producing nearly 200K in rental income for 2024 with bookings in place for next year. This turnkey property is being sold furnished and ready for immediate delivery.
Last Agent to Sell the Property
Monument Sotheby's International Realty License #RS-0024767 Listed on: 11/07/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,325
Year Built
- Built in 2022 | New Construction
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 110.00 x 50.00
- Downtown Location
- West Facing Home
- Landscaped
- Extensive Hardscape
- Corner Lot
- Sprinkler System
- Property is in excellent condition
- Property is zoned TN
HOA Fees
- $2 Monthly HOA Fees
Home Design
- Coastal Architecture
- Contemporary Architecture
- Architectural Shingle Roof
- Stick Built Home
Interior Spaces
- 2,620 Sq Ft Home
- Property has 2 Levels
- Open Floorplan
- Furnished
- Built-In Features
- Bar
- Ceiling Fan
- Recessed Lighting
- Gas Fireplace
- Window Treatments
- Dining Area
- Crawl Space
- Laundry on main level
Kitchen
- Gourmet Kitchen
- Butlers Pantry
- Kitchen Island
- Wine Rack
Bedrooms and Bathrooms
Parking
- 2 Parking Spaces
- 2 Driveway Spaces
- Off-Street Parking
Pool
- Heated In Ground Pool
- Gunite Pool
Outdoor Features
- Outdoor Grill
Schools
- Rehoboth Elementary School
- Beacon Middle School
- Cape Henlopen High School
Utilities
- Central Heating and Cooling System
- Back Up Gas Heat Pump System
- Heating System Powered By Leased Propane
- Tankless Water Heater
- Cable TV Available
Community Details
- Built by McGregor
- Country Club Estates Subdivision
Listing and Financial Details
- Property is used as a vacation rental
- Assessor Parcel Number 334-20.05-35.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 7, 2024
Closed on
Apr 18, 2025
Sold by
Stivaletta David M
Bought by
Bittar Deborah Gisriel and Bittar George Dewey
Seller's Agent
Michael Reamy
Monument Sotheby's International Realty
Buyer's Agent
Tjark Bateman
Jack Lingo - Rehoboth
List Price
$3,100,000
Sold Price
$2,925,000
Premium/Discount to List
-$175,000
-5.65%
Total Days on Market
106
Views
87
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.62%
Original Mortgage
$2,193,750
Outstanding Balance
$2,193,750
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$782,750
Purchase Details
Closed on
Jun 20, 2012
Sold by
David M David M and Acevedo Robert Miranda
Bought by
Stivaletta David M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,250
Interest Rate
3.78%
Mortgage Type
Unknown
Similar Homes in Rehoboth Beach, DE
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $2,925,000 | None Listed On Document | |
| Deed | $2,925,000 | None Listed On Document | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,193,750 | New Conventional | |
| Closed | $2,193,750 | New Conventional | |
| Previous Owner | $633,854 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $400,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $416,250 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/18/2025 04/18/25 | Sold | $2,925,000 | -5.6% | $1,116 / Sq Ft |
| 11/07/2024 11/07/24 | For Sale | $3,100,000 | -- | $1,183 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,789 | $20,800 | $6,350 | $14,450 |
| 2023 | $1,788 | $20,800 | $6,350 | $14,450 |
| 2022 | $989 | $20,800 | $6,350 | $14,450 |
| 2021 | $980 | $20,800 | $6,350 | $14,450 |
| 2020 | $977 | $20,800 | $6,350 | $14,450 |
| 2019 | $978 | $20,800 | $6,350 | $14,450 |
| 2018 | $913 | $20,800 | $0 | $0 |
| 2017 | $875 | $20,800 | $0 | $0 |
| 2016 | $831 | $20,800 | $0 | $0 |
| 2015 | $794 | $20,800 | $0 | $0 |
| 2014 | $788 | $20,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Reamy
Seller's Agent in 2025
Michael Reamy
OCEAN ATLANTIC SOTHEBYS
(202) 236-3229
41 in this area
50 Total Sales
-
Tjark Bateman
Buyer's Agent in 2025
Tjark Bateman
Jack Lingo - Rehoboth
(302) 745-0018
50 in this area
95 Total Sales
Map
Source: Bright MLS
MLS Number: DESU2073756
APN: 334-20.05-35.00
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