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20359 Thompson Way

Rehoboth Beach, DE 19971

4 bd 5 ba 2,260 sqft Built 2018 Lot 19,602 sqft single_family
Most recent sale
$1,515,000
Mar 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 18, 2022 Sold $1,515,000 MLS #DESU2015204
Feb 3, 2022 Listed $1,300,000 MLS #DESU2015204
Jul 7, 2016 Sold $215,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $272,750 $196,900 $469,650 $1,983
2024 $272,750 $196,900 $469,650 $2,215
2023 $35,200 $9,750 $44,950 $2,213
2022 $35,200 $9,750 $44,950 $2,136
2021 $35,200 $9,750 $44,950 $2,117
2020 $35,200 $9,750 $44,950 $2,110
2019 $35,200 $9,750 $44,950 $2,083
2018 $33,000 $9,750 $42,750 $1,877
2017 $9,750 $9,750 $410
2016 $9,750 $9,750 $389
2015 $9,750 $9,750 $372
2014 $9,750 $9,750 $369
2013 $9,750 $9,750 $359
2012 $9,750 $358
2011 $9,750 $320

Property facts

Year built
2018
Property type
single_family
Stories
1
Beds
4
Baths
5
Living area
2,260 sqft
Lot size
19,602 sqft
ZIP code
19971
City
Rehoboth Beach
Street
Thompson Way
Coordinates
38.70882, -75.10723

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
$9,090
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 20359 Thompson Way last sell?
20359 Thompson Way most recently sold on Mar 18, 2022 for $1,515,000.
What is the current tax assessment for 20359 Thompson Way?
The most recent total assessment for 20359 Thompson Way (year 2025) is $469,650 with $1,983 in property tax.
How does 20359 Thompson Way's assessment compare to its last sale price?
The current assessment is 69.0% below the last sale price of $1,515,000.
When was 20359 Thompson Way built?
20359 Thompson Way was built in 2018.
How does 20359 Thompson Way compare to others on Thompson Way?
We track 2 other properties on Thompson Way. Browse the list under "Other properties on Thompson Way" to compare beds, baths, and sale history.
What are the property facts for 20359 Thompson Way?
20359 Thompson Way is a 4 bed, 5 bath, 2,260 sqft, 19,602 sqft lot single_family.
Is 20359 Thompson Way a flip candidate?
No — 20359 Thompson Way does not appear in our flips dataset.
Is 20359 Thompson Way a tax-appeal candidate?
No — 20359 Thompson Way 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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