NOT LISTED FOR SALE

343 Hickman St Rehoboth Beach, DE 19971

Estimated Value: $1,526,000 - $2,062,000

5 Beds
4 Baths
2,520 Sq Ft
$725/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $1,287,500 $511 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $10,233/month

41 Days on Market

Highlights

  • Deck
  • Rambler Architecture
  • Main Floor Bedroom
  • Rehoboth Elementary School Rated A
  • Wood Flooring
  • 3-minute walk to Rehoboth Canal Walk

About This Home

As of March 2021

SPACIOUS 5BR/4BA two story home in Country Club Estates. Just steps to downtown Rehoboth Beach, where you can enjoy all of the fabulous restaurants, shops and boardwalk attractions that this popular Delaware beach town has to offer. This well maintained home has never been a rental but has POWER rental potential of at least $80k with 90% of the furnishings to convey. The first floor features a master bedroom and bath (with second full hall bath for guests), hardwood floors and eat in kitchen. There are 2 separate living areas and a screened in porch with cozy paver patio. The multiple porches and patios offer endless opportunities for large families with multiple generations or combined rental groups to gather inside and/or outside. You can increase your rental potential if you add a pool or convert the den back to a 6th bedroom. The second floor addition features 4 huge bedrooms and two full bathrooms with separate HVAC. Updates include encapsulated crawl space in 2020 with Aprilaire Dehumidifier and APCO sanitizing air filtration system. Make the move now - join the beach life! Visit this home virtually: http://www.vht.com/434126800/IDXS Sellers are offering a paint allowance.

Last Listed By

John Rishko

Patterson-Schwartz-Rehoboth Listed on: 12/30/2020

Patterson-Schwartz-Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,171

Year Built

  • Built in 1980 | Remodeled in 2003

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • East Facing Home
  • Wood Fence
  • Property is in very good condition
  • Property is zoned TOWN

HOA Fees

  • $2 Monthly HOA Fees

Home Design

  • Rambler Architecture
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 2,520 Sq Ft Home
  • Property has 2 Levels
  • Built-In Features
  • Ceiling Fan
  • Awning
  • Family Room Off Kitchen
  • Living Room
  • Combination Kitchen and Dining Room
  • Sun or Florida Room
  • Screened Porch
  • Crawl Space
  • Attic Fan

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Stainless Steel Appliances
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

Laundry

  • Laundry on lower level
  • Electric Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Outdoor Features

  • Deck
  • Screened Patio
  • Exterior Lighting
  • Outbuilding

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Community Details

  • Country Club Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-19.08-55.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,171

Year Built

Built in 1980 | Remodeled in 2003

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: Personal items
  • Inclusions: Partially furnished
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1980
  • Year Renovated: 2003
  • Remarks Public: SPACIOUS 5BR/4BA two story home in Country Club Estates. Just steps to downtown Rehoboth Beach, where you can enjoy all of the fabulous restaurants, shops and boardwalk attractions that this popular Delaware beach town has to offer. This well maintained home has never been a rental but has POWER rental potential of at least $80k with 90% of the furnishings to convey. The first floor features a master bedroom and bath (with second full hall bath for guests), hardwood floors and eat in kitchen. There are 2 separate living areas and a screened in porch with cozy paver patio. The multiple porches and patios offer endless opportunities for large families with multiple generations or combined rental groups to gather inside and/or outside. You can increase your rental potential if you add a pool or convert the den back to a 6th bedroom. The second floor addition features 4 huge bedrooms and two full bathrooms with separate HVAC. Updates include encapsulated crawl space in 2020 with Aprilaire Dehumidifier and APCO sanitizing air filtration system. Make the move now - join the beach life! Visit this home virtually: http://www.vht.com/434126800/IDXS Sellers are offering a paint allowance.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer - Electric, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Stainless Steel Appliances, Washer
  • Flooring Type: Carpet, Vinyl, Wood
  • Interior Amenities: Attic/House Fan, Built-Ins, Ceiling Fan(s), Combination Kitchen/Dining, Entry Level Bedroom, Family Room Off Kitchen, Kitchen - Island
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Bedroom 1, Sun/Florida Room, Screened Porch
  • Basement: No
  • Laundry Type: Lower Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2520
  • Living Area Sq Ft: 2520
  • Price Per Sq Ft: 545.63
  • Above Grade Finished Sq Ft: 2520
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 343

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Exterior Features: Awning(s), Exterior Lighting, Outbuilding(s)
  • 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: 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: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 20.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Fencing: Wood
  • Land Lease: No
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50 x 100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Outdoor Living Structures: Deck(s), Porch(es), Screened
  • Property Condition: Very Good
  • Zoning: TOWN
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Total Actual Rent: 80000.00
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 5201625
  • Tax Annual Amount: 1171.00
  • Assessor Parcel Number: 334-19.08-55.00
  • Tax Year: 2020
  • Close Date: 03/26/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2020
Closed on
Mar 26, 2021
Sold by
D G & Carol J Popham Ret
Bought by
Seltman Paul A and Ireland Jeanne C
Seller's Agent
John Rishko
Patterson-Schwartz-Rehoboth
Buyer's Agent
Tjark Bateman
Jack Lingo - Rehoboth
List Price
$1,425,000
Sold Price
$1,287,500
Premium/Discount to List
-$137,500
-9.65%
Total Days on Market
41
Current Estimated Value
$1,826,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$539,150
Avg. Annual Appreciation
6.44%
Original Mortgage
$965,200
Outstanding Balance
$879,558
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$789,639

Purchase Details

Closed on
Sep 14, 2016
Sold by
Popham Carol Jean and Popham Douglas G
Bought by
Popham Douglas Gene and Popha Carol Jean

Purchase Details

Closed on
Apr 9, 1998
Bought by
Popham Douglas G and Carol Jean

Range of Values:

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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
Seltman Paul A $1,287,500 None Available
Popham Douglas Gene -- None Available
Popham Douglas G $170,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seltman Paul A $965,200
Previous Owner Popham Douglas G $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $1,287,500 -6.4% $511 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
01/25/2021 01/25/21 Price Changed $1,375,000 -3.5% $546 / Sq Ft
12/30/2020 12/30/20 For Sale $1,425,000 -- $565 / 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 $1,247 $25,300 $6,250 $19,050
2023 $1,246 $25,300 $6,250 $19,050
2022 $1,202 $25,300 $6,250 $19,050
2021 $1,191 $25,300 $6,250 $19,050
2020 $788 $25,300 $6,250 $19,050
2019 $790 $25,300 $6,250 $19,050
2018 $711 $25,300 $0 $0
2017 $664 $25,300 $0 $0
2016 $604 $25,300 $0 $0
2015 $581 $25,300 $0 $0
2014 $570 $25,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU175124

Bright MLS

APN: 334-19.08-55.00