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1 Virginia Ave

Rehoboth Beach, DE 19971

3 bd 2 ba 1,424 sqft Built 1973 condos
Most recent sale
$1,100,000
Sep 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 28, 2022 Sold $1,100,000 MLS #DESU2024456
Jul 8, 2022 Listed $1,300,000 MLS #DESU2024456
Aug 12, 2015 Sold $750,000 Public Record
May 20, 2015 Price changed $799,500 MLS #615927
Feb 19, 2015 Price changed $849,500 MLS #615927
Jan 7, 2015 Relisted $898,400 MLS #615927
Oct 22, 2014 Price changed $898,400 MLS #615927
Aug 8, 2014 Listed $949,500 MLS #615927
May 2, 2003 Sold $960,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $330,500 $50,450 $380,950 $1,609
2024 $330,500 $50,450 $380,950 $916
2023 $16,850 $1,750 $18,600 $915
2022 $16,850 $1,750 $18,600 $884
2021 $16,850 $1,750 $18,600 $876
2020 $16,850 $1,750 $18,600 $873
2019 $16,850 $1,750 $18,600 $875
2018 $16,850 $1,750 $18,600 $817
2017 $16,850 $1,750 $18,600 $782
2016 $16,850 $1,750 $18,600 $743
2015 $16,850 $1,750 $18,600 $710
2014 $16,850 $1,750 $18,600 $705
2013 $16,850 $1,750 $18,600 $685
2012 $18,600 $682
2011 $18,600 $611

Property facts

Year built
1973
Property type
condos
Stories
1
Beds
3
Baths
2
Living area
1,424 sqft
Lot size
ZIP code
19971
City
Rehoboth Beach
Street
Virginia Ave
Coordinates
38.72007, -75.07743

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
$6,600
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1 Virginia Ave last sell?
1 Virginia Ave most recently sold on Sep 28, 2022 for $1,100,000.
What is the current tax assessment for 1 Virginia Ave?
The most recent total assessment for 1 Virginia Ave (year 2025) is $380,950 with $1,609 in property tax.
How does 1 Virginia Ave's assessment compare to its last sale price?
The current assessment is 65.4% below the last sale price of $1,100,000.
When was 1 Virginia Ave built?
1 Virginia Ave was built in 1973.
How does 1 Virginia Ave compare to others on Virginia Ave?
We track 8 other properties on Virginia Ave. Browse the list under "Other properties on Virginia Ave" to compare beds, baths, and sale history.
What are the property facts for 1 Virginia Ave?
1 Virginia Ave is a 3 bed, 2 bath, 1,424 sqft condos.
Is 1 Virginia Ave a flip candidate?
No — 1 Virginia Ave does not appear in our flips dataset.
Is 1 Virginia Ave a tax-appeal candidate?
No — 1 Virginia Ave 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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