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38221 Terrace Rd; Rehoboth Beach, DE Property Details

38221 Terrace Rd, Rehoboth Beach, DE is a Residential Vacant Land. This property is currently a cash purchase and is not for sale. The lot size of 38221 Terrace Rd is 6,351 square feet.

Off market
38221 Terrace Rd Rehoboth Beach, DE 19971
$6,350 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $1,450,000
  • Open Loans / Balance: 1 / $1,438,200
  • Est. Equity / %: $-521,200 / -56.84%
  • APN: 334-20.05-326.01
  • Situs County: Sussex
  • Length Of Ownership: 9 months

Measurements

  • Lot: 6,351/SqFt

Legal Description

  • Description: SILVER LAKE MANOR LOT 5
Building Insights

Land Information

  • Property Type: Residential Vacant Land
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Cape Henlopen School District
  • Lat / Lon: 38.707077 / -75.08361
  • Subdivision: Silver Lake Manor
  • Property Class: Vacant
  • Zoning: MR
  • County Use Code: RV

Amenities

  • Plus Four: 2196

Ownership Info

38221 Terrace Rd has no associated ownership info
38221 Terrace Rd has no associated ownership info.

Taxes

38221 Terrace Rd has 10 associated Taxes items

38221 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 $6,350. The APN we've located for 38221 Terrace Rd is 334-20.05-326.01.

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Taxes
  • Assessed Value:  $6,350
  • Assessed Year:  2026
  • Assessed County:  Sussex
  • APN:  334-20.05-326.01
  • Assessed Land Value:  6350
  • Market Land Value:  793600
  • Tax Amount:  1988.27
  • Tax Year:  2026
  • Market Value:  793600
  • Market Year:  2026

Tax History

38221 Terrace Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $6,350 Land Value $6,350 Improvement Value Tax Amount $1,988.27 Change Rate -0.003184% Assessed CR Tax Rate +0.313113%
Year 2025 Assessed Value $6,350 Land Value $6,350 Improvement Value Tax Amount $1,994.62 Change Rate +2.158393% Assessed CR Tax Rate +0.314113%
Year 2024 Assessed Value $6,350 Land Value $6,350 Improvement Value Tax Amount $631.53 Change Rate Assessed CR Tax Rate +0.099454%
Year 2023 Assessed Value $6,350 Land Value $6,350 Improvement Value Tax Amount $631.53 Change Rate +0.018022% Assessed CR Tax Rate +0.099454%
Year 2022 Assessed Value $6,350 Land Value $6,350 Improvement Value Tax Amount $620.35 Change Rate +0.004502% Assessed CR Tax Rate +0.097693%
Year 2021 Assessed Value $6,350 Land Value $6,350 Improvement Value Tax Amount $617.57 Change Rate +0.003119% Assessed CR Tax Rate +0.097255%
Year 2020 Assessed Value $6,350 Land Value $6,350 Improvement Value Tax Amount $615.65 Change Rate +0.035402% Assessed CR Tax Rate +0.096953%
Year 2019 Assessed Value $6,350 Land Value $6,350 Improvement Value Tax Amount $594.6 Change Rate +1.132253% Assessed CR Tax Rate +0.093638%
Year 2018 Assessed Value $6,350 Land Value Improvement Value Tax Amount $278.86 Change Rate +0.044263% Assessed CR Tax Rate +0.043915%
Year 2017 Assessed Value $6,350 Land Value Improvement Value Tax Amount $267.04 Change Rate -0.076497% Assessed CR Tax Rate +0.042054%
Year 2016 Assessed Value $6,350 Land Value Improvement Value Tax Amount $289.16 Change Rate +0.040593% Assessed CR Tax Rate +0.045537%
Year 2015 Assessed Value $6,350 Land Value Improvement Value Tax Amount $277.88 Change Rate Assessed CR Tax Rate +0.043761%