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21 Ocean Dr

Rehoboth Beach, DE 19971

2 bd 2 ba 1,125 sqft Built 1972 condos
Most recent sale
$1,390,000
Sep 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 30, 2022 Sold $1,390,000 MLS #DESU2025992
Jul 25, 2022 Listed $1,390,000 MLS #DESU2025992

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $585,300 $88,850 $674,150 $2,847
2024 $585,300 $88,850 $674,150 $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 $1,491
2019 $29,900 $1,850 $31,750 $1,493
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 $1,212
2014 $29,900 $1,850 $31,750 $1,203
2013 $29,900 $1,850 $31,750 $1,169
2012 $31,750 $1,165
2011 $31,750 $1,043

Property facts

Year built
1972
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
1,125 sqft
Lot size
ZIP code
19971
City
Rehoboth Beach
Street
Ocean Dr
Coordinates
38.73518, -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
$8,340
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 Sep 30, 2022 for $1,390,000.
What is the current tax assessment for 21 Ocean Dr?
The most recent total assessment for 21 Ocean Dr (year 2025) is $674,150 with $2,847 in property tax.
How does 21 Ocean Dr's assessment compare to its last sale price?
The current assessment is 51.5% below the last sale price of $1,390,000.
When was 21 Ocean Dr built?
21 Ocean Dr was built in 1972.
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, 1,125 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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