507 School Ln
Rehoboth Beach, DE 19971
1,196 sqft Built 1963 Lot 23,836 sqft single_family
Most recent sale
$1,175,000
Aug 4, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 4, 2022 | Sold | $1,175,000 | Public Record |
| Apr 8, 2022 | Listed | $1,395,000 | MLS #DESU2017206 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $198,950 | $618,700 | $817,650 | $3,453 |
| 2024 | $198,950 | $618,700 | $817,650 | $1,732 |
| 2023 | $18,100 | $17,050 | $35,150 | $1,731 |
| 2022 | $18,100 | $17,050 | $35,150 | $1,670 |
| 2021 | $18,100 | $17,050 | $35,150 | $1,255 |
| 2020 | $18,100 | $17,050 | $35,150 | $1,250 |
| 2019 | $18,100 | $17,050 | $35,150 | $1,253 |
| 2018 | $18,100 | $17,050 | $35,150 | $1,144 |
| 2017 | $18,100 | $17,050 | $35,150 | $1,078 |
| 2016 | $18,100 | $17,050 | $35,150 | $904 |
| 2015 | $18,100 | $17,050 | $35,150 | $842 |
| 2014 | $18,100 | $17,050 | $35,150 | $832 |
| 2013 | $18,100 | $17,050 | $35,150 | $794 |
| 2012 | — | — | $35,150 | $789 |
| 2011 | — | — | $35,150 | $704 |
Property facts
Year built
1963
Property type
single_family
Stories
2
Beds
—
Baths
—
Living area
1,196 sqft
Lot size
23,836 sqft
ZIP code
19971
City
Rehoboth Beach
Street
School Ln
Coordinates
38.71117, -75.08825
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsFrequently asked questions
When did 507 School Ln last sell?
507 School Ln most recently sold on Aug 4, 2022 for $1,175,000.
What is the current tax assessment for 507 School Ln?
The most recent total assessment for 507 School Ln (year 2025) is $817,650 with $3,453 in property tax.
How does 507 School Ln's assessment compare to its last sale price?
The current assessment is 30.4% below the last sale price of $1,175,000.
When was 507 School Ln built?
507 School Ln was built in 1963.
How does 507 School Ln compare to others on School Ln?
We track 8 other properties on School Ln. Browse the list under "Other properties on School Ln" to compare beds, baths, and sale history.
What are the property facts for 507 School Ln?
507 School Ln is a 1,196 sqft, 23,836 sqft lot single_family.
Is 507 School Ln a flip candidate?
No — 507 School Ln does not appear in our flips dataset.
Is 507 School Ln a tax-appeal candidate?
No — 507 School Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.1%
Implied 1-yr
+12.3%
2026 Q3
$1.3M
2026 Q4
$1.33M
ZIP 19971 — Median Price History + Forecast
Explore nearby
Geography
Other properties on School Ln