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2 State Rd

Rehoboth Beach, DE 19971

5 bd 6 ba 2,500 sqft Built 2021 Lot 4,792 sqft single_family
Most recent sale
$1,615,000
Feb 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 15, 2022 Sold $1,615,000 MLS #DESU176294
Jan 22, 2021 Listed $1,675,000 MLS #DESU176294

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $492,200 $433,850 $926,050 $3,911
2024 $492,200 $433,850 $926,050 $1,971
2023 $33,750 $6,250 $40,000 $1,969
2022 $33,750 $6,250 $40,000 $1,901

Property facts

Year built
2021
Property type
single_family
Stories
2
Beds
5
Baths
6
Living area
2,500 sqft
Lot size
4,792 sqft
ZIP code
19971
City
Rehoboth Beach
Street
State Rd
Coordinates
38.71369, -75.09014

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
$9,690
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2 State Rd last sell?
2 State Rd most recently sold on Feb 15, 2022 for $1,615,000.
What is the current tax assessment for 2 State Rd?
The most recent total assessment for 2 State Rd (year 2025) is $926,050 with $3,911 in property tax.
How does 2 State Rd's assessment compare to its last sale price?
The current assessment is 42.7% below the last sale price of $1,615,000.
When was 2 State Rd built?
2 State Rd was built in 2021.
How does 2 State Rd compare to others on State Rd?
We track 8 other properties on State Rd. Browse the list under "Other properties on State Rd" to compare beds, baths, and sale history.
What are the property facts for 2 State Rd?
2 State Rd is a 5 bed, 6 bath, 2,500 sqft, 4,792 sqft lot single_family.
Is 2 State Rd a flip candidate?
No — 2 State Rd does not appear in our flips dataset.
Is 2 State Rd a tax-appeal candidate?
No — 2 State Rd 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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