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505 School Ln; Rehoboth Beach, DE Property Details

505 School Ln, Rehoboth Beach, DE is a Single Family that was built in 1958. This property is currently Financed and is not for sale. Our records show that 505 School Ln has 6 bedrooms, and 4 bathrooms, and a total of 2,356 square feet. The lot size of 505 School Ln is 25,600 square feet.

Off market
505 School Ln Rehoboth Beach, DE 19971
$1,300,000 Listing Price
6 Beds
4 Baths
2,356 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1958
  • Purchase Price: $1,300,000
  • Open Loans / Balance: 1 / $445,816
  • Est. Equity / %: $1,756,184 / 79.75%
  • Gross Yield: 1.253%
  • APN: 334-20.05-9.00
  • Situs County: Sussex
  • Length Of Ownership: 5 years, 9 months

Rooms

  • Bedrooms: 6
  • Bathrooms: 4
  • Total Rooms: 10

Structure

  • Stories: 1
  • Building Quality: B-
  • Pool Type: Yes
  • Porch Type: Open

Measurements

  • Total: 2,356/SqFt
  • Lot: 25,600/SqFt
  • Living: 2,356/SqFt
  • Building: 2,356/SqFt
  • Price Per Square Foot: $551.78

Legal Description

  • Description: SCHOOLVUE LOTS 19 20 SEC E
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: 38.710884 / -75.0882
  • Subdivision: Rehoboth Beach
  • Property Class: Residential
  • Zoning: TN
  • County Use Code: RS

Amenities

  • Pool: true
  • Plus Four: 1801
  • Bathroom Fixtures: 14

Ownership Info

505 School Ln has no associated ownership info
505 School Ln has no associated ownership info.

Taxes

505 School Ln has 10 associated Taxes items

505 School Ln, 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 $31,500. The APN we've located for 505 School Ln is 334-20.05-9.00.

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Taxes
  • Assessed Value:  $31,500
  • Assessed Year:  2026
  • Assessed County:  Sussex
  • APN:  334-20.05-9.00
  • Assessed Land Value:  16250
  • Market Land Value:  1272000
  • Tax Amount:  4508.04
  • Tax Year:  2026
  • Market Value:  2142600
  • Market Year:  2026

Tax History

505 School Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $31,500 Land Value $16,250 Improvement Value $15,250 Tax Amount $4,508.04 Change Rate -0.003788% Assessed CR Tax Rate +0.143112%
Year 2025 Assessed Value $31,500 Land Value $16,250 Improvement Value $15,250 Tax Amount $4,525.18 Change Rate +1.914582% Assessed CR Tax Rate +0.143657%
Year 2024 Assessed Value $31,500 Land Value $16,250 Improvement Value $15,250 Tax Amount $1,552.6 Change Rate Assessed CR Tax Rate +0.049289%
Year 2023 Assessed Value $31,500 Land Value $16,250 Improvement Value $15,250 Tax Amount $1,552.6 Change Rate +0.03703% Assessed CR Tax Rate +0.049289%
Year 2022 Assessed Value $31,500 Land Value $16,250 Improvement Value $15,250 Tax Amount $1,497.16 Change Rate +0.009303% Assessed CR Tax Rate +0.047529%
Year 2021 Assessed Value $31,500 Land Value $16,250 Improvement Value $15,250 Tax Amount $1,483.36 Change Rate +0.004388% Assessed CR Tax Rate +0.047091%
Year 2020 Assessed Value $31,500 Land Value $16,250 Improvement Value $15,250 Tax Amount $1,476.88 Change Rate Assessed CR Tax Rate +0.046885%
Year 2019 Assessed Value $31,500 Land Value $16,250 Improvement Value $15,250 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $31,500 Land Value Improvement Value Tax Amount $1 Change Rate -0.999245% Assessed CR Tax Rate +0.000032%
Year 2017 Assessed Value $31,500 Land Value Improvement Value Tax Amount $1,324.7 Change Rate +0.052795% Assessed CR Tax Rate +0.042054%
Year 2016 Assessed Value $31,500 Land Value Improvement Value Tax Amount $1,258.27 Change Rate +0.046535% Assessed CR Tax Rate +0.039945%
Year 2015 Assessed Value $31,500 Land Value Improvement Value Tax Amount $1,202.32 Change Rate +0.007415% Assessed CR Tax Rate +0.038169%
Year 2014 Assessed Value $31,500 Land Value Improvement Value Tax Amount $1,193.47 Change Rate Assessed CR Tax Rate +0.037888%