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81 Lake Ave

Rehoboth Beach, DE 19971

1 bd 1 ba 625 sqft Built 1960 Lot 1,742 sqft single_family
Most recent sale
$597,000
May 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 16, 2022 Sold $597,000 MLS #DESU2017900
Mar 11, 2022 Listed $597,000 MLS #DESU2017900

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $37,900 $426,600 $464,500 $1,962
2024 $37,900 $426,600 $464,500 $189
2023 $3,850 $3,850 $189
2022 $3,850 $3,850 $182
2021 $3,850 $3,850 $181
2020 $3,850 $3,850 $179
2019 $3,850 $3,850 $181
2018 $3,850 $3,850 $169
2017 $3,850 $3,850 $162
2016 $3,850 $3,850 $154
2015 $3,850 $3,850 $147
2014 $3,850 $3,850 $146
2013 $3,850 $3,850 $142
2012 $3,850 $141
2011 $3,850 $127

Property facts

Year built
1960
Property type
single_family
Stories
1
Beds
1
Baths
1
Living area
625 sqft
Lot size
1,742 sqft
ZIP code
19971
City
Rehoboth Beach
Street
Lake Ave
Coordinates
38.71610, -75.08609

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,582
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 81 Lake Ave last sell?
81 Lake Ave most recently sold on May 16, 2022 for $597,000.
What is the current tax assessment for 81 Lake Ave?
The most recent total assessment for 81 Lake Ave (year 2025) is $464,500 with $1,962 in property tax.
How does 81 Lake Ave's assessment compare to its last sale price?
The current assessment is 22.2% below the last sale price of $597,000.
When was 81 Lake Ave built?
81 Lake Ave was built in 1960.
How does 81 Lake Ave compare to others on Lake Ave?
We track 8 other properties on Lake Ave. Browse the list under "Other properties on Lake Ave" to compare beds, baths, and sale history.
What are the property facts for 81 Lake Ave?
81 Lake Ave is a 1 bed, 1 bath, 625 sqft, 1,742 sqft lot single_family.
Is 81 Lake Ave a flip candidate?
No — 81 Lake Ave does not appear in our flips dataset.
Is 81 Lake Ave a tax-appeal candidate?
No — 81 Lake Ave 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
+3.1%
Implied 1-yr
+12.3%
2026 Q3
$1.3M
2026 Q4
$1.33M
ZIP 19971 — Median Price History + Forecast

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