38947 Cypress Lake Cir
Bethany Beach, DE 19930
2 bd 1,270 sqft Built 2000 condo
Most recent sale
$699,000
Jun 24, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 9, 2025 | Sold | $20,292 | Public Record |
| Oct 21, 2024 | Sold | $735,000 | Public Record |
| Sep 20, 2024 | Listed | $725,000 | BrightMLS |
| Jun 24, 2022 | Sold | $699,000 | BrightMLS |
| Jun 24, 2022 | Sold | $699,000 | MLS #DESU2021104 |
| May 20, 2022 | Listed | $699,000 | MLS #DESU2021104 |
| May 20, 2022 | Listed | $699,000 | MLS #DESU2021104 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $309,750 | $45,850 | $355,600 | $1,519 |
| 2024 | $309,750 | $45,850 | $355,600 | $1,068 |
| 2023 | $22,900 | $2,950 | $25,850 | $1,067 |
| 2022 | $22,900 | $2,950 | $25,850 | $1,050 |
| 2021 | $22,900 | $2,950 | $25,850 | $1,019 |
| 2020 | $22,900 | $2,950 | $25,850 | $972 |
| 2019 | $22,900 | $2,950 | $25,850 | $968 |
| 2018 | $22,900 | $2,950 | $25,850 | $977 |
| 2017 | $22,900 | $2,950 | $25,850 | $986 |
| 2016 | $22,900 | $2,950 | $25,850 | $868 |
| 2015 | $22,900 | $2,950 | $25,850 | $895 |
| 2014 | $22,900 | $2,950 | $25,850 | $882 |
| 2013 | $22,900 | $2,950 | $25,850 | $891 |
| 2012 | — | — | $25,850 | $862 |
| 2011 | — | — | $25,850 | $870 |
Property facts
Year built
2000
Property type
condo
Stories
1
Beds
2
Baths
—
Living area
1,270 sqft
Lot size
—
ZIP code
19930
City
Bethany Beach
Street
Cypress Lake Cir
Coordinates
38.52918, -75.06934
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,194
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 38947 Cypress Lake Cir last sell?
38947 Cypress Lake Cir most recently sold on Jun 24, 2022 for $699,000.
What is the current tax assessment for 38947 Cypress Lake Cir?
The most recent total assessment for 38947 Cypress Lake Cir (year 2025) is $355,600 with $1,519 in property tax.
How does 38947 Cypress Lake Cir's assessment compare to its last sale price?
The current assessment is 49.1% below the last sale price of $699,000.
When was 38947 Cypress Lake Cir built?
38947 Cypress Lake Cir was built in 2000.
How does 38947 Cypress Lake Cir compare to others on Cypress Lake Cir?
We track 8 other properties on Cypress Lake Cir. Browse the list under "Other properties on Cypress Lake Cir" to compare beds, baths, and sale history.
What are the property facts for 38947 Cypress Lake Cir?
38947 Cypress Lake Cir is a 2 bed, 1,270 sqft condo.
Is 38947 Cypress Lake Cir a flip candidate?
No — 38947 Cypress Lake Cir does not appear in our flips dataset.
Is 38947 Cypress Lake Cir a tax-appeal candidate?
Yes — 38947 Cypress Lake Cir appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.4%
Implied 1-yr
+5.5%
2026 Q3
$1.55M
2026 Q4
$1.55M
ZIP 19930 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Cypress Lake Cir