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38142 Terrace Rd; Rehoboth Beach, DE Property Details

38142 Terrace Rd, Rehoboth Beach, DE is a Single Family that was built in 2014. This property is currently Financed and is not for sale. Our records show that 38142 Terrace Rd has 3 bedrooms, and 5 bathrooms, and a total of 2,380 square feet. The lot size of 38142 Terrace Rd is 4,748 square feet.

Off market
38142 Terrace Rd Rehoboth Beach, DE 19971
$880,000 Listing Price
3 Beds
5 Baths
2,380 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 2014
  • Purchase Price: $880,000
  • Open Loans / Balance: 1 / $473,044
  • Est. Equity / %: $1,577,956 / 76.94%
  • Gross Yield: 1.346%
  • APN: 334-20.09-24.00
  • Situs County: Sussex
  • Length Of Ownership: 5 years, 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 5
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Floor Cover Type: Ceramic
  • Stories: 2
  • Exterior Wall Type: Wood
  • Building Quality: B-
  • Roof Type: Gable
  • Porch Type: Open
  • Roof Cover Type: Wood Shake/ Shingles
  • Deck: true

Measurements

  • Total: 2,380/SqFt
  • Lot: 4,748/SqFt
  • Gross: 1,308/SqFt
  • Garage: 286/SqFt
  • Living: 2,380/SqFt
  • Basement: 156/SqFt
  • Building: 2,380/SqFt
  • Basement Finished: 156/SqFt
  • Basement Unfinished: 1,152/SqFt
  • Price Per Square Foot: $369.75

Legal Description

  • Description: SILVER LAKE MANOR LOTS 21 LOTS 21 BLK C
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Cape Henlopen School District
  • Lat / Lon: 38.705143 / -75.08509
  • Subdivision: Silver Lake Manor
  • Property Class: Residential
  • Zoning: C-1
  • County Use Code: RS

Amenities

  • Plus Four: 2075
  • Bathroom Fixtures: 8
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Paved/Surfaced
  • Heating: Yes
  • Parking: 1

HOA

  • H O A One: $300
  • H O A Amount: $300
  • H O A One Frequency: Annual
  • H O A One Name: Evg-Admiral Ventures Llc
  • H O A One Type: Home Owner Association

Ownership Info

38142 Terrace Rd has no associated ownership info
38142 Terrace Rd has no associated ownership info.

Taxes

38142 Terrace Rd has 10 associated Taxes items

38142 Terrace Rd, Rehoboth Beach, DE pays taxes in Sussex County, DE. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $37,900. The APN we've located for 38142 Terrace Rd is 334-20.09-24.00.

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Taxes
  • Assessed Value:  $37,900
  • Assessed Year:  2026
  • Assessed County:  Sussex
  • APN:  334-20.09-24.00
  • Assessed Land Value:  4900
  • Market Land Value:  709200
  • Tax Amount:  3589.63
  • Tax Year:  2026
  • Market Value:  1554700
  • Market Year:  2026

Tax History

38142 Terrace Rd has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $37,900 Land Value $4,900 Improvement Value $33,000 Tax Amount $3,589.63 Change Rate -0.003454% Assessed CR Tax Rate +0.094713%
Year 2025 Assessed Value $37,900 Land Value $4,900 Improvement Value $33,000 Tax Amount $3,602.07 Change Rate +0.647338% Assessed CR Tax Rate +0.095041%
Year 2024 Assessed Value $37,900 Land Value $4,900 Improvement Value $33,000 Tax Amount $2,186.6 Change Rate Assessed CR Tax Rate +0.057694%
Year 2023 Assessed Value $37,900 Land Value $4,900 Improvement Value $33,000 Tax Amount $2,186.6 Change Rate +0.031469% Assessed CR Tax Rate +0.057694%
Year 2022 Assessed Value $37,900 Land Value $4,900 Improvement Value $33,000 Tax Amount $2,119.89 Change Rate +0.007888% Assessed CR Tax Rate +0.055934%
Year 2021 Assessed Value $37,900 Land Value $4,900 Improvement Value $33,000 Tax Amount $2,103.3 Change Rate +0.003057% Assessed CR Tax Rate +0.055496%
Year 2020 Assessed Value $37,900 Land Value $4,900 Improvement Value $33,000 Tax Amount $2,096.89 Change Rate +0.009095% Assessed CR Tax Rate +0.055327%
Year 2019 Assessed Value $37,900 Land Value $4,900 Improvement Value $33,000 Tax Amount $2,077.99 Change Rate +0.248507% Assessed CR Tax Rate +0.054828%
Year 2018 Assessed Value $37,900 Land Value Improvement Value Tax Amount $1,664.38 Change Rate +0.044251% Assessed CR Tax Rate +0.043915%
Year 2017 Assessed Value $37,900 Land Value Improvement Value Tax Amount $1,593.85 Change Rate +0.071489% Assessed CR Tax Rate +0.042054%
Year 2016 Assessed Value $36,350 Land Value Improvement Value Tax Amount $1,487.51 Change Rate +0.045371% Assessed CR Tax Rate +0.040922%
Year 2015 Assessed Value $36,350 Land Value Improvement Value Tax Amount $1,422.95 Change Rate +5.43403% Assessed CR Tax Rate +0.039146%
Year 2014 Assessed Value $4,900 Land Value Improvement Value Tax Amount $221.16 Change Rate Assessed CR Tax Rate +0.045135%