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21 Ocean Dr

Rehoboth Beach, DE 19971

2 bd 2 ba 1,149 sqft Built 1972 condos
Most recent sale
$1,550,000
Aug 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 15, 2022 Sold $1,550,000 MLS #DESU2000944
Sep 20, 2021 Price changed $1,700,000 MLS #DESU2000944
Sep 7, 2021 Price changed $1,500,000 MLS #DESU2000944
Jun 25, 2021 Listed $1,750,000 MLS #DESU2000944
Jul 11, 2018 Listed $999,000 MLS #1002023692
Feb 15, 2018 Listing removed $999,000 Sussex
Jul 24, 2017 Relisted $999,000 MLS #713414
Jun 21, 2017 Listing removed $979,900 Sussex
Mar 22, 2017 Price changed $979,900 MLS #713414
Nov 21, 2016 Price changed $999,000 MLS #713414
Sep 1, 2016 Listed $1,030,000 MLS #713414
Feb 13, 2013 Listing removed $969,900 Sussex
Feb 12, 2013 Listing removed $969,900 BrightMLS
Sep 14, 2012 Price changed $969,900 MLS #6064157
Sep 13, 2012 Price changed $969,900 MLS #596150
Jun 5, 2012 Listed $979,900 MLS #596150
Jun 4, 2012 Listed $979,900 MLS #6064157

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $585,300 $90,200 $675,500 $2,853
2024 $585,300 $90,200 $675,500 $1,675
2023 $32,000 $2,000 $34,000 $1,674
2022 $32,000 $2,000 $34,000 $1,615
2021 $32,000 $2,000 $34,000 $1,601
2020 $32,000 $2,000 $34,000 $1,596
2019 $32,000 $2,000 $34,000 $1,599
2018 $32,000 $2,000 $34,000 $1,493
2017 $32,000 $2,000 $34,000 $1,430
2016 $32,000 $2,000 $34,000 $1,358
2015 $32,000 $2,000 $34,000 $1,298
2014 $32,000 $2,000 $34,000 $1,288
2013 $32,000 $2,000 $34,000 $1,252
2012 $34,000 $1,247
2011 $34,000 $1,117

Property facts

Year built
1972
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
1,149 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
$9,300
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 Aug 15, 2022 for $1,550,000.
What is the current tax assessment for 21 Ocean Dr?
The most recent total assessment for 21 Ocean Dr (year 2025) is $675,500 with $2,853 in property tax.
How does 21 Ocean Dr's assessment compare to its last sale price?
The current assessment is 56.4% below the last sale price of $1,550,000.
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, 1,149 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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