NOT LISTED FOR SALE

324 Hickman St Rehoboth Beach, DE 19971

Estimated Value: $2,263,000 - $2,572,000

4 Beds
4.5 Baths
-- Sq Ft
5,090 Sq Ft Lot

Last Sold October 09, 2020

Last sale price $1,741,623

Est. 39% increase in value since last sale

Current estimated payment $13,121/month

79 Days on Market

Highlights

  • New Construction
  • In Ground Pool
  • No HOA
  • Rehoboth Elementary School Rated A
  • Coastal Architecture
  • 4-minute walk to Rehoboth Elementary Playground

About This Home

As of October 2020

UNDER CONSTRUCTION: New 4 Bedroom, 4.5 Bath home with inground swimming pool only 5 blocks to the beach and center of town. Open living space, gourmet kitchen with Bosch appliances and granite counters. First floor bedroom and each of the four bedrooms has its own private bath. The full basement with both inside and outside entrance is perfect for storage, exercise area, play area, or use your imagination. Outside is a new heated pool which will be great for entertaining family and friends. Close enough to walk to the beach and all in town amenities, but away from the crowds. In town homes include free parking passes for your cars and two for transferable ones for guests. Low taxes help make this a great getaway or permanent home. Construction by Cottages of Rehoboth, a previous winner of several Rehoboth Beach Cottage Awards

Last Agent to Sell the Property

Randy Mason

(302) 236-1142 randy@jacklingo.com Jack Lingo - Rehoboth License #RA-0003542 Listed on: 05/08/2020

Jack Lingo - Rehoboth

Co-Listed By

Shirley Kalvinsky

(302) 227-3883 shirley@jacklingo.com Jack Lingo - Rehoboth License #RA0001681

Last Buyer's Agent

Paul Sicari

(202) 251-5566 pauls@buyatthebeach.com Compass License #659389

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,250

Lot Details

  • 5,090 Sq Ft Lot
  • Lot Dimensions are 55.00 x 93.00
  • Privacy Fence
  • Sprinkler System
  • Property is zoned TN

Home Design

  • New Construction
  • Coastal Architecture
  • Frame Construction

Interior Spaces

  • Property has 2 Levels
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry on upper level

Bedrooms and Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Pool

  • In Ground Pool
  • Saltwater Pool

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Propane Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Country Club Estates Subdivision

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 334-19.08-179.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,250

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: Lower 1, Main, Upper 1
  • Expected On Market: 2020-05-08
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: UNDER CONSTRUCTION: New 4 Bedroom, 4.5 Bath home with inground swimming pool only 5 blocks to the beach and center of town. Open living space, gourmet kitchen with Bosch appliances and granite counters. First floor bedroom and each of the four bedrooms has its own private bath. The full basement with both inside and outside entrance is perfect for storage, exercise area, play area, or use your imagination. Outside is a new heated pool which will be great for entertaining family and friends. Close enough to walk to the beach and all in town amenities, but away from the crowds. In town homes include free parking passes for your cars and two for transferable ones for guests. Low taxes help make this a great getaway or permanent home. Construction by Cottages of Rehoboth, a previous winner of several Rehoboth Beach Cottage Awards
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 4, Kitchen, Basement, Bathroom 2, Bathroom 3, Full Bath
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Upper Floor
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 324

Beds/Baths

  • Bedrooms: 4
  • 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, Below Grade
  • Construction Materials: Frame
  • Construction Completed: No
  • Exterior Features: Underground Lawn Sprinkler
  • Pool Features: In Ground, Saltwater
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • 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

  • Refuse: 325.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Propane - Leased
  • Heating Type: Central, Zoned
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

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

  • Fencing: Privacy
  • Land Use Code: RV
  • Lot Size Acres: 0.12
  • Lot Dimensions: 55.00 x 93.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5090.00
  • Year Assessed: 2019
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2250.00
  • Assessor Parcel Number: 334-19.08-179.00
  • Tax Lot: 14
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019
  • Close Date: 10/09/2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2020
Closed on
Oct 9, 2020
Sold by
324 Hickman Street Llc
Bought by
Baussan Danielle E and Day Michael K
Seller's Agent
Randy Mason
Jack Lingo - Rehoboth
Buyer's Agent
Paul Sicari
Compass
List Price
$1,695,000
Sold Price
$1,741,623
Premium/Discount to List
$46,623
2.75%
Current Estimated Value
$2,425,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$683,650
Avg. Annual Appreciation
6.90%
Original Mortgage
$1,299,285
Outstanding Balance
$1,153,538
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$1,271,735

Purchase Details

Listed on
Feb 6, 2019
Closed on
Mar 18, 2020
Sold by
Znilek Michael S and Znilek Sharon M
Bought by
324 Hickman Street Llc
Seller's Agent
Molly Bayard
Jack Lingo - Rehoboth
Buyer's Agent
Randy Mason
Jack Lingo - Rehoboth
List Price
$850,000
Sold Price
$695,000
Premium/Discount to List
-$155,000
-18.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
415.76%
Original Mortgage
$1,000,000
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 2016
Sold by
James Douglas T
Bought by
Znilek Michael S and Znilek Sharon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
3.81%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Baussan Danielle E $1,741,623 None Available
324 Hickman Street Llc $695,000 None Available
Znilek Michael S $595,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baussan Danielle E $1,299,285
Previous Owner 324 Hickman Street Llc $1,000,000
Previous Owner Znilek Michael S $352,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2020 10/09/20 Sold $1,741,623 +2.8% --
07/26/2020 07/26/20 Pending -- -- --
05/08/2020 05/08/20 For Sale $1,695,000 +143.9% --
03/18/2020 03/18/20 Sold $695,000 -10.2% --
01/20/2020 01/20/20 Pending -- -- --
08/02/2019 08/02/19 Price Changed $774,000 -8.9% --
02/06/2019 02/06/19 For Sale $850,000 -- --
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 $3,154 $6,350 $6,350 $0
2024 $1,767 $6,350 $6,350 $0
2023 $313 $6,350 $6,350 $0
2022 $302 $6,350 $6,350 $0
2021 $299 $6,350 $6,350 $0
2020 $298 $6,350 $6,350 $0
2019 $299 $6,350 $6,350 $0
2018 $279 $6,350 $0 $0
2017 $267 $6,350 $0 $0
2016 $254 $6,350 $0 $0
2015 $242 $6,350 $0 $0
2014 $241 $6,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU160418

Bright MLS

APN: 334-19.08-179.00