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42 Lantern Ln

Rehoboth Beach, DE 19971

2 bd 2 ba 980 sqft Built 1977 Lot 2,178 sqft mobile
Most recent sale
$44,900
Oct 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 17, 2022 Sold $44,900 MLS #DESU2029056
Sep 14, 2022 Listed $44,900 MLS #DESU2029056

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $40,500 $40,500 $171
2024 $40,500 $40,500 $458
2023 $6,850 $6,850 $337
2022 $6,850 $6,850 $189
2021 $6,850 $6,850 $186
2020 $6,850 $6,850 $322
2019 $6,850 $6,850 $322
2018 $6,850 $6,850 $301
2017 $6,850 $6,850 $288
2016 $6,850 $6,850 $274
2015 $6,850 $6,850 $261
2014 $6,850 $6,850 $260
2013 $6,850 $6,850 $252
2012 $6,850 $251
2011 $6,850 $225

Property facts

Year built
1977
Property type
mobile
Stories
1
Beds
2
Baths
2
Living area
980 sqft
Lot size
2,178 sqft
ZIP code
19971
City
Rehoboth Beach
Street
Lantern Ln
Coordinates
38.73638, -75.13279

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$269
Gross rental yield
7.19%
Implied cap rate
4.67%
Trend-extrapolated value

Frequently asked questions

When did 42 Lantern Ln last sell?
42 Lantern Ln most recently sold on Oct 17, 2022 for $44,900.
What is the current tax assessment for 42 Lantern Ln?
The most recent total assessment for 42 Lantern Ln (year 2025) is $40,500 with $171 in property tax.
How does 42 Lantern Ln's assessment compare to its last sale price?
The current assessment is 9.8% below the last sale price of $44,900.
When was 42 Lantern Ln built?
42 Lantern Ln was built in 1977.
How does 42 Lantern Ln compare to others on Lantern Ln?
We track 8 other properties on Lantern Ln. Browse the list under "Other properties on Lantern Ln" to compare beds, baths, and sale history.
What are the property facts for 42 Lantern Ln?
42 Lantern Ln is a 2 bed, 2 bath, 980 sqft, 2,178 sqft lot mobile.
Is 42 Lantern Ln a flip candidate?
No — 42 Lantern Ln does not appear in our flips dataset.
Is 42 Lantern Ln a tax-appeal candidate?
No — 42 Lantern Ln 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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