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525 School Ln

Rehoboth Beach, DE 19971

3 bd 2 ba 1,415 sqft Built 1960 Lot 10,000 sqft single_family
Most recent sale
$1,240,000
May 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 3, 2022 Sold $1,240,000 MLS #DESU2016942
Mar 5, 2022 Listed $1,275,000 MLS #DESU2016942
Mar 22, 2019 Sold $750,000 MLS #DESU131752
Feb 15, 2019 Listed $775,000 MLS #DESU131752
Jun 13, 2017 Listing removed $699,900 Sussex
Apr 4, 2017 Price changed $699,900 MLS #714589
Oct 14, 2016 Listed $739,000 MLS #714589
Jun 21, 2015 Listing removed $739,000 Sussex
Apr 1, 2015 Listed $739,000 MLS #621674
Dec 19, 2011 Listing removed $550,000 Sussex
Sep 9, 2011 Price changed $550,000 MLS #568550
Apr 2, 2011 Price changed $599,000 MLS #568550
May 5, 2010 Price changed $617,500 MLS #568550
Apr 24, 2009 Listed $650,000 MLS #568550
Aug 29, 2001 Sold $325,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $158,500 $482,900 $641,400 $2,709
2024 $158,500 $482,900 $641,400 $1,192
2023 $11,700 $12,500 $24,200 $1,191
2022 $11,700 $12,500 $24,200 $1,150
2021 $11,700 $12,500 $24,200 $1,140
2020 $11,700 $12,500 $24,200 $1,136
2019 $11,700 $12,500 $24,200 $1,138
2018 $11,700 $12,500 $24,200 $1,063
2017 $11,700 $12,500 $24,200 $1,018
2016 $11,700 $12,500 $24,200 $967
2015 $11,700 $12,500 $24,200 $924
2014 $11,700 $12,500 $24,200 $917
2013 $11,700 $12,500 $24,200 $891
2012 $24,200 $888
2011 $24,200 $795

Property facts

Year built
1960
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,415 sqft
Lot size
10,000 sqft
ZIP code
19971
City
Rehoboth Beach
Street
School Ln
Coordinates
38.71005, -75.09112

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
$7,440
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 525 School Ln last sell?
525 School Ln most recently sold on May 3, 2022 for $1,240,000.
What is the current tax assessment for 525 School Ln?
The most recent total assessment for 525 School Ln (year 2025) is $641,400 with $2,709 in property tax.
How does 525 School Ln's assessment compare to its last sale price?
The current assessment is 48.3% below the last sale price of $1,240,000.
When was 525 School Ln built?
525 School Ln was built in 1960.
How does 525 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 525 School Ln?
525 School Ln is a 3 bed, 2 bath, 1,415 sqft, 10,000 sqft lot single_family.
Is 525 School Ln a flip candidate?
No — 525 School Ln does not appear in our flips dataset.
Is 525 School Ln a tax-appeal candidate?
No — 525 School 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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