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Off market
  • $2,258,000

    505 School Ln, Rehoboth Beach, DE 19971

    6beds
    2,400sqft
    SingleFamily
    Built in 1958
    0.58 Acres Lot
    $2,258,000 Zestimate®
    $941/sqft
    $3,554 Estimated rent

    Home value

    $2,258,000

    $1.99M - $2.62M

    $3,554/mo

    Zestimate® history
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    Owner options

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    $3,554/mo

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    $3,554/mo

    Rent Zestimate®

    Refinance and save

    $10,167/mo

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    $10,167/mo

    Est. payment

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    What's special

    Double lot! Perfect location just 4 blocks to the beach, this large 100ft x 256ft parcel provides many options including subdivision, both lots would accommodate a large house with a pool. Build your dream beach home or simply enjoy this fantastic coastal retreat offering plenty of room for family and friends with a huge finished basement! Featuring an open concept floor plan in the great room with ceramic tile floors and beautifully updated kitchen with a center island, gorgeous white cabinetry, tile backsplash, and stainless steel appliances. Just off the great room is another living area full of coastal charm with knotty pine wood walls, hardwood flooring, and a cozy wood burning fireplace. The main floor has 4 bedrooms, 3 full baths and downstairs there is another large family room, 2 bedrooms, and a full bathroom. The outdoor living areas provide the perfect oasis for rest and relaxation with a large screened porch, sun deck, and hot tub. Nestled among mature trees, you can have the best of both worlds being tucked away in a quiet neighborhood yet just a short walk into town to enjoy some of the area?s best restaurants, boutique shops, and boardwalk.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Heat pump
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
    Features
    • Ceiling Fan(s), Kitchen Island, Window Treatments, Crown Molding, Open Floorplan, Entry Level Bedroom, Combination Dining/Living, Upgraded Countertops, Combination Kitchen/Dining, Combination Kitchen/Living, Primary Bath(s)
    • Flooring: Tile, Carpet, Hardwood
    • Basement: Finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,400 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 3
    Accessibility
    • Accessibility features: Level Entry - Main
    Features
    • Has spa: Yes
    Lot
    • Size: 0.58 Acres
    Details
    • Parcel number: 3342005900
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Coastal
    Condition
    • Year built: 1958

    Community & HOA

    Location
    • Region: Rehoboth Beach

    Financial & listing details

    • Price per square foot: $941/sqft
    • Tax assessed value: $2,142,600
    • Annual tax amount: $4,525

    Price history

    DateEventPrice
    10/19/2020Sold$1,300,000$542/sqft
    Source: Public Record Report a problem
    9/11/2020Pending sale$1,300,000$542/sqft
    Source: Long & Foster Real Estate, Inc. #DESU166364 Report a problem
    8/14/2020Listed for sale$1,300,000$542/sqft
    Source: Long & Foster Real Estate, Inc. #DESU166364 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,525 +191.5%$1,071,300 +3301%
    2024$1,553 +0.1%$31,500
    2023$1,551 +3.6%$31,500
    2022$1,497 +0.9%$31,500
    2021$1,483 +0.4%$31,500
    2020$1,477 $31,500
    2019$1,477 +6.8%$31,500
    2018$1,383 +138232%$31,500
    2017$1 -99.9%$31,500
    2016$1,258 +4.7%$31,500
    2015$1,202 +0.7%$31,500
    2014$1,193 +2.9%$31,500
    2013$1,160 +0.4%$31,500
    2012$1,155 +11.9%$31,500
    2011$1,033 $31,500
    2010$1,033 -3%$31,500
    2009$1,064 $31,500
    2003-- --
    2002-- --
    2001-- --
    Find assessor info on the county website

    Neighborhood: 19971

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: CAPE HENLOPEN

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $2,258,000
    2% more
    +$45,160
    With Zillow Showcase(estimated)
    $2,303,160