NOT LISTED FOR SALE

38149 Terrace Rd Rehoboth Beach, DE 19971

Estimated Value: $1,427,000 - $1,468,000

-- Bed
-- Bath
-- Sq Ft
0.25 Acres

About This Home

This home is located at 38149 Terrace Rd, Rehoboth Beach, DE 19971 and is currently estimated at $1,442,498. 38149 Terrace Rd is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2025
Sold by
Franca Llc
Bought by
Reed Robert Marshal and Reed Debora Ann
Current Estimated Value
$1,442,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,140,000
Outstanding Balance
$1,140,000
Interest Rate
6.81%
Mortgage Type
Seller Take Back
Estimated Equity
$231,117
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Reed Robert Marshal $1,425,000 None Listed On Document
Reed Robert Marshal $1,425,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Robert Marshal $1,140,000
Closed Reed Robert Marshal $1,140,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,783 $38,300 $10,200 $28,100
2024 $2,843 $38,300 $10,200 $28,100
2023 $2,842 $38,300 $10,200 $28,100
2022 $2,776 $38,300 $10,200 $28,100
2021 $2,759 $38,300 $10,200 $28,100
2020 $2,751 $38,300 $10,200 $28,100
2019 $2,689 $38,300 $10,200 $28,100
2018 $1,682 $38,300 $0 $0
2017 $1,611 $38,300 $0 $0
2016 $1,605 $38,300 $0 $0
2015 $1,537 $38,300 $0 $0
2014 $1,526 $38,300 $0 $0
Source: Public Records

Map

Delaware Sussex County Rehoboth Beach 19971

38149 Terrace Rd, Rehoboth Beach, DE

This home is located at 38149 Terrace Rd, Rehoboth Beach, DE 19971 and is currently estimated at $1,442,498. 38149 Terrace Rd is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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