38175 Terrace Rd
Rehoboth Beach, DE 19971
4 bd 1,354 sqft Built 2000 Lot 5,650 sqft single_family
Most recent sale
$301,000
Aug 4, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 4, 2022 | Sold | $301,000 | Public Record |
| May 20, 2022 | Price changed | $1,650,000 | MLS #DESU2019608 |
| Apr 25, 2022 | Price changed | $1,600,000 | MLS #DESU2019608 |
| Apr 20, 2022 | Price changed | $1,650,000 | MLS #DESU2019608 |
| Apr 14, 2022 | Listed | $1,750,000 | MLS #DESU2019608 |
| Jun 6, 2011 | Sold | $625,000 | Public Record |
| May 23, 2011 | Listing removed | $699,000 | Sussex |
| Mar 5, 2011 | Listed | $699,000 | MLS #585271 |
| Jun 12, 2009 | Listing removed | $854,900 | Sussex |
| Feb 21, 2009 | Listed | $854,900 | MLS #565628 |
| Aug 18, 2005 | Sold | $900,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $350,350 | $378,350 | $728,700 | $3,396 |
| 2024 | $350,350 | $378,350 | $728,700 | $2,255 |
| 2023 | $34,100 | $5,200 | $39,300 | $2,253 |
| 2022 | $34,100 | $5,200 | $39,300 | $2,186 |
| 2021 | $34,100 | $5,200 | $39,300 | $2,169 |
| 2020 | $34,100 | $5,200 | $39,300 | $2,163 |
| 2019 | $34,100 | $5,200 | $39,300 | $2,144 |
| 2018 | $34,100 | $5,200 | $39,300 | $1,726 |
| 2017 | $34,100 | $5,200 | $39,300 | $1,653 |
| 2016 | $34,100 | $5,200 | $39,300 | $1,605 |
| 2015 | $34,100 | $5,200 | $39,300 | $1,536 |
| 2014 | $34,100 | $5,200 | $39,300 | $1,524 |
| 2013 | $34,100 | $5,200 | $39,300 | $1,482 |
| 2012 | — | — | $39,300 | $1,559 |
| 2011 | — | — | $39,300 | $1,411 |
Property facts
Year built
2000
Property type
single_family
Stories
2
Beds
4
Baths
—
Living area
1,354 sqft
Lot size
5,650 sqft
ZIP code
19971
City
Rehoboth Beach
Street
Terrace Rd
Coordinates
38.70599, -75.08470
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,031
Gross rental yield
8.10%
Implied cap rate
5.26%
Trend-extrapolated value
—
Frequently asked questions
When did 38175 Terrace Rd last sell?
38175 Terrace Rd most recently sold on Aug 4, 2022 for $301,000.
What is the current tax assessment for 38175 Terrace Rd?
The most recent total assessment for 38175 Terrace Rd (year 2025) is $728,700 with $3,396 in property tax.
How does 38175 Terrace Rd's assessment compare to its last sale price?
The current assessment is 142.1% above the last sale price of $301,000.
When was 38175 Terrace Rd built?
38175 Terrace Rd was built in 2000.
How does 38175 Terrace Rd compare to others on Terrace Rd?
We track 4 other properties on Terrace Rd. Browse the list under "Other properties on Terrace Rd" to compare beds, baths, and sale history.
What are the property facts for 38175 Terrace Rd?
38175 Terrace Rd is a 4 bed, 1,354 sqft, 5,650 sqft lot single_family.
Is 38175 Terrace Rd a flip candidate?
No — 38175 Terrace Rd does not appear in our flips dataset.
Is 38175 Terrace Rd a tax-appeal candidate?
Yes — 38175 Terrace Rd appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
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 Terrace Rd