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20776 Spring Lake Dr

Rehoboth Beach, DE 19971

2 bd 2 ba 1,200 sqft Built 1980 condos
Most recent sale
$439,900
Mar 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 11, 2022 Sold $439,900 MLS #DESU2013920
Jan 26, 2022 Listed $439,900 MLS #DESU2013920

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $180,100 $34,750 $214,850 $1,226
2024 $180,100 $34,750 $214,850 $1,516
2023 $20,750 $3,550 $24,300 $1,515
2022 $20,750 $3,550 $24,300 $1,473
2021 $20,750 $3,550 $24,300 $1,463
2020 $20,750 $3,550 $24,300 $1,458
2019 $20,750 $3,550 $24,300 $1,439
2018 $20,750 $3,550 $24,300 $1,067
2017 $20,750 $3,550 $24,300 $1,022
2016 $20,750 $3,550 $24,300 $979
2015 $20,750 $3,550 $24,300 $936
2014 $20,750 $3,550 $24,300 $929
2013 $20,750 $3,550 $24,300 $903
2012 $24,300 $933
2011 $24,300 $841

Property facts

Year built
1980
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
1,200 sqft
Lot size
ZIP code
19971
City
Rehoboth Beach
Street
Spring Lake Dr
Coordinates
38.70252, -75.08702

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
$1,800
Gross rental yield
4.91%
Implied cap rate
3.19%
Trend-extrapolated value

Frequently asked questions

When did 20776 Spring Lake Dr last sell?
20776 Spring Lake Dr most recently sold on Mar 11, 2022 for $439,900.
What is the current tax assessment for 20776 Spring Lake Dr?
The most recent total assessment for 20776 Spring Lake Dr (year 2025) is $214,850 with $1,226 in property tax.
How does 20776 Spring Lake Dr's assessment compare to its last sale price?
The current assessment is 51.2% below the last sale price of $439,900.
When was 20776 Spring Lake Dr built?
20776 Spring Lake Dr was built in 1980.
How does 20776 Spring Lake Dr compare to others on Spring Lake Dr?
We track 8 other properties on Spring Lake Dr. Browse the list under "Other properties on Spring Lake Dr" to compare beds, baths, and sale history.
What are the property facts for 20776 Spring Lake Dr?
20776 Spring Lake Dr is a 2 bed, 2 bath, 1,200 sqft condos.
Is 20776 Spring Lake Dr a flip candidate?
No — 20776 Spring Lake Dr does not appear in our flips dataset.
Is 20776 Spring Lake Dr a tax-appeal candidate?
No — 20776 Spring Lake 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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