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48 Ocean Dr; Rehoboth Beach, DE Property Details

48 Ocean Dr, Rehoboth Beach, DE is a Single Family that was built in 1980. This property is currently a cash purchase and is not for sale. Our records show that 48 Ocean Dr has 4 bedrooms, and 4 bathrooms, and a total of 2,340 square feet. The lot size of 48 Ocean Dr is 10,001 square feet.

Off market
48 Ocean Dr Rehoboth Beach, DE 19971
$4,700,000 Listing Price
4 Beds
4 Baths
2,340 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1980
  • Purchase Price: $4,700,000
  • Est. Equity / %: $4,490,000 / 100%
  • Gross Yield: 0.779%
  • APN: 334-8.17-13.00
  • Situs County: Sussex
  • Length Of Ownership: 1 year, 7 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Total Rooms: 7

Structure

  • Stories: 2
  • Exterior Wall Type: Wood
  • Building Quality: B+
  • Deck: true

Measurements

  • Total: 2,340/SqFt
  • Lot: 10,001/SqFt
  • Living: 2,340/SqFt
  • Basement: 84/SqFt
  • Building: 2,340/SqFt
  • Basement Finished: 84/SqFt
  • Price Per Square Foot: $2008.55

Legal Description

  • Description: NORTH SHORES THE VILLAS LOT 14
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Cape Henlopen School District
  • Lat / Lon: 38.73561 / -75.07962
  • Subdivision: North Shores
  • Property Class: Residential
  • Zoning: AR-1
  • County Use Code: RS

Amenities

  • Plus Four: 1662
  • Bathroom Fixtures: 9
  • Garage: Paved/Surfaced
  • Parking: 1

HOA

  • H O A One: $925
  • H O A Two: $200
  • H O A Amount: $1,125
  • H O A One Frequency: Annual
  • H O A Two Frequency: Annual
  • H O A One Name: Kings Creek Homeowners Association Inc
  • H O A One Type: Home Owner Association
  • H O A Two Name: Seabright Village Condominium
  • H O A Two Type: Home Owner Association

Ownership Info

48 Ocean Dr has no associated ownership info
48 Ocean Dr has no associated ownership info.

Taxes

48 Ocean Dr has 10 associated Taxes items

48 Ocean Dr, 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 $51,650. The APN we've located for 48 Ocean Dr is 334-8.17-13.00.

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Taxes
  • Assessed Value:  $51,650
  • Assessed Year:  2026
  • Assessed County:  Sussex
  • APN:  334-8.17-13.00
  • Assessed Land Value:  24800
  • Market Land Value:  3552000
  • Tax Amount:  10319.49
  • Tax Year:  2026
  • Market Value:  4904700
  • Market Year:  2026

Tax History

48 Ocean Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $51,650 Land Value $24,800 Improvement Value $26,850 Tax Amount $10,319.49 Change Rate -0.003788% Assessed CR Tax Rate +0.199797%
Year 2025 Assessed Value $51,650 Land Value $24,800 Improvement Value $26,850 Tax Amount $10,358.73 Change Rate +2.999293% Assessed CR Tax Rate +0.200556%
Year 2024 Assessed Value $51,650 Land Value $24,800 Improvement Value $26,850 Tax Amount $2,590.14 Change Rate Assessed CR Tax Rate +0.050148%
Year 2023 Assessed Value $51,650 Land Value $24,800 Improvement Value $26,850 Tax Amount $2,590.14 Change Rate +0.055103% Assessed CR Tax Rate +0.050148%
Year 2022 Assessed Value $51,650 Land Value $24,800 Improvement Value $26,850 Tax Amount $2,454.87 Change Rate +0.0093% Assessed CR Tax Rate +0.047529%
Year 2021 Assessed Value $51,650 Land Value $24,800 Improvement Value $26,850 Tax Amount $2,432.25 Change Rate +0.003023% Assessed CR Tax Rate +0.047091%
Year 2020 Assessed Value $51,650 Land Value $24,800 Improvement Value $26,850 Tax Amount $2,424.92 Change Rate -0.001445% Assessed CR Tax Rate +0.046949%
Year 2019 Assessed Value $51,650 Land Value $24,800 Improvement Value $26,850 Tax Amount $2,428.43 Change Rate +0.070637% Assessed CR Tax Rate +0.047017%
Year 2018 Assessed Value $51,650 Land Value Improvement Value Tax Amount $2,268.21 Change Rate +0.044252% Assessed CR Tax Rate +0.043915%
Year 2017 Assessed Value $51,650 Land Value Improvement Value Tax Amount $2,172.09 Change Rate +0.052803% Assessed CR Tax Rate +0.042054%
Year 2016 Assessed Value $51,650 Land Value Improvement Value Tax Amount $2,063.15 Change Rate +0.046525% Assessed CR Tax Rate +0.039945%
Year 2015 Assessed Value $51,650 Land Value Improvement Value Tax Amount $1,971.43 Change Rate +0.00742% Assessed CR Tax Rate +0.038169%
Year 2014 Assessed Value $51,650 Land Value Improvement Value Tax Amount $1,956.91 Change Rate Assessed CR Tax Rate +0.037888%