7 Somerset Rd
Rehoboth Beach, DE 19971
3 bd 2,152 sqft Built 1997 Lot 13,200 sqft single_family
Most recent sale
$800,000
Jun 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 27, 2022 | Sold | $800,000 | Public Record |
| May 7, 2022 | Listed | $799,000 | MLS #DESU2021270 |
| Aug 16, 1999 | Sold | $217,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $211,800 | $175,350 | $387,150 | $1,635 |
| 2024 | $211,800 | $175,350 | $387,150 | $1,589 |
| 2023 | $24,000 | $8,250 | $32,250 | $1,588 |
| 2022 | $24,000 | $8,250 | $32,250 | $1,532 |
| 2021 | $24,000 | $8,250 | $32,250 | $1,119 |
| 2020 | $24,000 | $8,250 | $32,250 | $1,114 |
| 2019 | $24,000 | $8,250 | $32,250 | $1,116 |
| 2018 | $24,000 | $8,250 | $32,250 | $1,016 |
| 2017 | $24,000 | $8,250 | $32,250 | $956 |
| 2016 | $24,000 | $8,250 | $32,250 | $788 |
| 2015 | $24,000 | $8,250 | $32,250 | $740 |
| 2014 | $24,000 | $8,250 | $32,250 | $727 |
| 2013 | $24,000 | $8,250 | $32,250 | $707 |
| 2012 | — | — | $32,250 | $703 |
| 2011 | — | — | $32,250 | $646 |
Property facts
Year built
1997
Property type
single_family
Stories
1
Beds
3
Baths
—
Living area
2,152 sqft
Lot size
13,200 sqft
ZIP code
19971
City
Rehoboth Beach
Street
Somerset Rd
Coordinates
38.70301, -75.11064
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,228
Gross rental yield
4.84%
Implied cap rate
3.15%
Trend-extrapolated value
—
Frequently asked questions
When did 7 Somerset Rd last sell?
7 Somerset Rd most recently sold on Jun 27, 2022 for $800,000.
What is the current tax assessment for 7 Somerset Rd?
The most recent total assessment for 7 Somerset Rd (year 2025) is $387,150 with $1,635 in property tax.
How does 7 Somerset Rd's assessment compare to its last sale price?
The current assessment is 51.6% below the last sale price of $800,000.
When was 7 Somerset Rd built?
7 Somerset Rd was built in 1997.
How does 7 Somerset Rd compare to others on Somerset Rd?
We track 3 other properties on Somerset Rd. Browse the list under "Other properties on Somerset Rd" to compare beds, baths, and sale history.
What are the property facts for 7 Somerset Rd?
7 Somerset Rd is a 3 bed, 2,152 sqft, 13,200 sqft lot single_family.
Is 7 Somerset Rd a flip candidate?
No — 7 Somerset Rd does not appear in our flips dataset.
Is 7 Somerset Rd a tax-appeal candidate?
No — 7 Somerset Rd 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 Somerset Rd