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31649 Ocean Way

North Bethany, DE 19930

7 bd 8 ba 5,000 sqft Built 1988 Lot 9,148 sqft single_family
Most recent sale
$5,850,000
Mar 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 29, 2022 Sold $5,850,000 MLS #DESU2014012
Jan 27, 2022 Listed $5,295,000 MLS #DESU2014012

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $496,450 $2,215,750 $2,712,200 $11,586
2024 $496,450 $2,215,750 $2,712,200 $4,374
2023 $56,900 $24,650 $81,550 $3,368
2022 $56,900 $24,650 $81,550 $3,313
2021 $56,900 $24,650 $81,550 $3,215
2019 $56,900 $24,650 $81,550 $3,054
2018 $56,900 $24,650 $81,550 $3,083
2017 $56,900 $24,650 $81,550 $3,109
2016 $56,900 $24,650 $81,550 $2,740
2015 $56,900 $24,650 $81,550 $2,824
2014 $56,900 $24,650 $81,550 $2,782
2013 $56,900 $24,650 $81,550 $2,812
2012 $81,550 $2,715
2011 $81,550 $2,740

Property facts

Year built
1988
Property type
single_family
Stories
4
Beds
7
Baths
8
Living area
5,000 sqft
Lot size
9,148 sqft
ZIP code
19930
City
North Bethany
Street
Ocean Way
Coordinates
38.55313, -75.05736

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$35,100
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 31649 Ocean Way last sell?
31649 Ocean Way most recently sold on Mar 29, 2022 for $5,850,000.
What is the current tax assessment for 31649 Ocean Way?
The most recent total assessment for 31649 Ocean Way (year 2025) is $2,712,200 with $11,586 in property tax.
How does 31649 Ocean Way's assessment compare to its last sale price?
The current assessment is 53.6% below the last sale price of $5,850,000.
When was 31649 Ocean Way built?
31649 Ocean Way was built in 1988.
How does 31649 Ocean Way compare to others on Ocean Way?
We track 2 other properties on Ocean Way. Browse the list under "Other properties on Ocean Way" to compare beds, baths, and sale history.
What are the property facts for 31649 Ocean Way?
31649 Ocean Way is a 7 bed, 8 bath, 5,000 sqft, 9,148 sqft lot single_family.
Is 31649 Ocean Way a flip candidate?
No — 31649 Ocean Way does not appear in our flips dataset.
Is 31649 Ocean Way a tax-appeal candidate?
No — 31649 Ocean Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.4%
Implied 1-yr
+5.5%
2026 Q3
$1.55M
2026 Q4
$1.55M
ZIP 19930 — Median Price History + Forecast

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