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21 Ocean Dr

Rehoboth Beach, DE 19971

2 bd 2 ba 1,150 sqft Built 1974 condos
Most recent sale
$1,450,000
May 22, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 22, 2024 Sold $1,450,000 BrightMLS
May 2, 2024 Listed $1,500,000 BrightMLS
Oct 13, 2016 Sold $779,000 BrightMLS
Sep 3, 2016 Listing removed $786,500 Sussex
Feb 24, 2016 Price changed $786,500 Sussex
Sep 6, 2015 Price changed $795,000 Sussex
Jun 17, 2015 Price changed $845,000 Sussex
Mar 4, 2015 Listed $786,500 BrightMLS
May 25, 2013 Listing removed $850,000 Sussex
May 7, 2013 Price changed $850,000 Sussex
Sep 14, 2012 Listing removed $884,000 Sussex
Sep 12, 2012 Listed $884,000 Sussex
Sep 11, 2012 Listed $884,000 Sussex
Mar 29, 2004 Sold $525,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $783,500 $88,850 $872,350 $3,684
2024 $783,500 $88,850 $872,350 $1,564
2023 $29,900 $1,850 $31,750 $1,563
2022 $29,900 $1,850 $31,750 $1,509
2021 $29,900 $1,850 $31,750 $1,495
2020 $29,900 $1,850 $31,750 $1,490
2019 $29,900 $1,850 $31,750 $1,492
2018 $29,900 $1,850 $31,750 $1,394
2017 $29,900 $1,850 $31,750 $1,335
2016 $29,900 $1,850 $31,750 $1,268
2015 $29,900 $1,850 $31,750 $1,211
2014 $29,900 $1,850 $31,750 $1,090
2013 $29,900 $1,850 $31,750 $1,169
2012 $31,750 $1,164
2011 $31,750 $1,043

Property facts

Year built
1974
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
1,150 sqft
Lot size
ZIP code
19971
City
Rehoboth Beach
Street
Ocean Dr
Coordinates
38.73515, -75.08096

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
$8,700
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 21 Ocean Dr last sell?
21 Ocean Dr most recently sold on May 22, 2024 for $1,450,000.
What is the current tax assessment for 21 Ocean Dr?
The most recent total assessment for 21 Ocean Dr (year 2025) is $872,350 with $3,684 in property tax.
How does 21 Ocean Dr's assessment compare to its last sale price?
The current assessment is 39.8% below the last sale price of $1,450,000.
When was 21 Ocean Dr built?
21 Ocean Dr was built in 1974.
How does 21 Ocean Dr compare to others on Ocean Dr?
We track 8 other properties on Ocean Dr. Browse the list under "Other properties on Ocean Dr" to compare beds, baths, and sale history.
What are the property facts for 21 Ocean Dr?
21 Ocean Dr is a 2 bed, 2 bath, 1,150 sqft condos.
Is 21 Ocean Dr a flip candidate?
No — 21 Ocean Dr does not appear in our flips dataset.
Is 21 Ocean Dr a tax-appeal candidate?
No — 21 Ocean Dr 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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