Google street view image for 38138 Terrace Rd, Rehoboth Beach, DE 19971

Off Market Dec 2019 for $805K

$1,658,497

Est. refi paymentEst. refi $5,223/mo

•

5 ba

•

2,198

sq ft

38138 Terrace Rd, Rehoboth Beach, DE 19971

About this home

38138 Terrace Rd is a 2,198 square foot house on a 4,600 square foot lot with 3 bedrooms and 5 bathrooms. - it last sold on December 27, 2019 for $805,000. Based on Redfin's Rehoboth Beach data, we estimate the home's value is $1,658,497.

Single-familyProperty Type

2014Year Built

4,600 sq ftLot Size

$755Est. Price/Sq.Ft.

1 car garageParking

Source:Public Records

Redfin Estimate

$1,658,497

$853K since sold in December 2019$146K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 41.6% lower than the average sale price ($2.84M) of 6 comparable homes.

SOLD AUG 28, 2026
$4,675,000
A
4 beds4.5 baths2,980 sq ft
3A Rodney St, Rehoboth Beach, DE 19971
SOLD AUG 7, 2026
$1,400,000
B
4 beds4 baths2,320 sq ft
38312 James A St, Rehoboth Beach, DE 19971
SOLD MAR 13, 2026
$1,350,000
C
5 beds4.5 baths3,283 sq ft
20459 Blue Point Dr #27, Rehoboth Beach, DE 19971
SOLD MAR 27, 2026
$2,900,000
D
4 beds4.5 baths2,757 sq ft
510 Lee St, Rehoboth Beach, DE 19971
SOLD MAY 28, 2026
$3,900,000
E
5 beds5.5 baths3,772 sq ft
200 Norfolk Street - 1, Rehoboth Beach, DE 19971
SOLD JUL 31, 2026
$2,807,250
F
4 beds4.5 baths3,000 sq ft
45 Baltimore Ave, Rehoboth Beach, DE 19971

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Earn from this home

Sell

$1,003,215

Est. take-home

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Refinance

Est. cash available

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Rent

$2,926/mo

Redfin rental estimate

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Market trends in 19971, DE

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

97.2%

+0.0% MoM

Median sale price

$587K

$52K MoM

Avg. days on market

64d

2 days MoM

Recently sold homes

176

9 MoM

New listings for sale

FOR SALE BY OWNER
$550,000
3 beds2 baths1,115 sq ft
37697 Ulster Dr, Rehoboth Beach, DE 19971
$169,900
2 beds2 baths1,152 sq ft
19602 Queen Ln #30, Rehoboth Beach, DE 19971
(302) 645-2207
COMING SOON
$579,000
3 beds2 baths1,724 sq ft
16 Adriatic Dr, Rehoboth Beach, DE 19971
(302) 360-0300
$97,500
2 beds1.5 baths576 sq ft
20019 Golden Ave, Rehoboth Beach, DE 19971
(302) 295-9430
3D WALKTHROUGH
$7,900,000
9 beds7.5 baths10,148 sq ft
20340 Silver Lake Dr, Rehoboth Beach, DE 19971
(302) 539-1777
$365,000
2 beds2 baths1,039 sq ft
300 Pebble Dr, Rehoboth Beach, DE 19971
(302) 227-9477
$150,000
3 beds2 baths1,164 sq ft
21714 B St, Rehoboth Beach, DE 19971
(302) 360-0300
FOR SALE BY OWNER
$1,650,000
4 beds2 baths1,556 sq ft
19767 Duffy St, Rehoboth Beach, DE 19971
$5,500,000
5 beds4.5 baths2,500 sq ft
111 Stockley St, Rehoboth Beach, DE 19971
(302) 426-2080
COMING SOON
$255,000
3 beds2 baths1,674 sq ft
20 Carriage Ln, Rehoboth Beach, DE 19971
(302) 227-1222
See all

Provided by Redfin

Sale history for 38138 Terrace Rd

Date

Event

Price

Public Records

Dec 27, 2019

Sold

$805,000

$366/sq ft

BRIGHT MLS #DESU151340

Nov 26, 2019

Listing Removed

—

Nov 8, 2019

Listed

$824,999

$375/sq ft

BRIGHT MLS #DESU128644

Nov 6, 2019

Listing Removed

—

Aug 17, 2019

Price Changed

$824,999

$375/sq ft

Feb 20, 2019

Price Changed

$830,000

$378/sq ft

Jan 3, 2019

Listed

$835,000

$380/sq ft

BRIGHT MLS #1008354950

Jan 10, 2019

Listing Removed

—

Dec 11, 2018

Price Changed

$835,000

$380/sq ft

Oct 5, 2018

Listed

$850,000

$387/sq ft

BRIGHT MLS #1001567402

Aug 28, 2018

Listing Removed

—

Jun 2, 2017

Listed

$839,900

$382/sq ft

BRIGHT MLS #1001075920

Jun 1, 2017

Listing Removed

—

Oct 27, 2016

Listed

$850,000

$387/sq ft

BRIGHT MLS #1001712708

Aug 3, 2016

Listing Removed

—

Nov 11, 2015

Listed

$819,500

$373/sq ft

BRIGHT MLS #1001165694

Aug 3, 2016

Listing Removed

—

Nov 10, 2015

Listed

$819,500

$373/sq ft

BRIGHT MLS #1001139474

Nov 10, 2015

Listing Removed

—

Dec 8, 2014

Listed

$839,500

$382/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$3,513 (−0.3%)

$350,700 + $408,450

$759,150

2025

$3,525 (+63.8%)

$350,700 + $408,450

$759,150

2024

$2,152

$350,700 + $408,450

$759,150

2023

$2,150 (+3.1%)

$4,900 + $32,300

$37,200

2022

$2,087 (+0.8%)

$4,900 + $32,300

$37,200

2021

$2,070 (+0.3%)

$4,900 + $32,300

$37,200

2020

$2,064 (+0.9%)

$4,900 + $32,300

$37,200

2019

$2,045 (+25.2%)

$4,900 + $32,300

$37,200

2018

$1,634 (+4.4%)

$4,900 + $32,300

$37,200

2017

$1,564 (+7.1%)

$4,900 + $32,300

$37,200

2016

$1,461 (+561.1%)

$4,900 + $30,800

$35,700

2014

$221

$4,900

Tax history for 38138 Terrace Rd

Year

Property tax

Land + Additions

Assessment*

2026

$3,513 (−0.3%)

$350,700 + $408,450

$759,150

2025

$3,525 (+63.8%)

$350,700 + $408,450

$759,150

2024

$2,152

$350,700 + $408,450

$759,150

2023

$2,150 (+3.1%)

$4,900 + $32,300

$37,200

2022

$2,087 (+0.8%)

$4,900 + $32,300

$37,200

2021

$2,070 (+0.3%)

$4,900 + $32,300

$37,200

2020

$2,064 (+0.9%)

$4,900 + $32,300

$37,200

2019

$2,045 (+25.2%)

$4,900 + $32,300

$37,200

2018

$1,634 (+4.4%)

$4,900 + $32,300

$37,200

2017

$1,564 (+7.1%)

$4,900 + $32,300

$37,200

2016

$1,461 (+561.1%)

$4,900 + $30,800

$35,700

2014

$221

$4,900

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

C-1

General Commercial District

The purpose of this district is to provide for retail shopping, personal services and a wide variety of commercial and miscellaneous service activities generally serving a community-wide area. Such uses are generally located along major arterial roadways where a general mixture of commercial and service activity now exists. Such uses shall not be characterized by extensive warehousing, frequent heavy trucking activity, open storage of materials or the nuisance factors of dust, odor and noise associated with manufacturing.

Permitted uses

Include but are not limited to:

Automotive repair garage
Gas station
Bank
General retail
Restaurant
Housing-Single unit
Housing-Senior
Hotel / motel
Mixed use building
Office

Property details

Interior

Basement Information
Basement Sq. Ft: 1,099

Bathroom Information
# of Bathroom Fixtures: 13

Heating & Cooling
Air Conditioning Type: Central
Heating Type: Forced Air

Fireplace Information
# of Fireplaces: 1
Has Fireplace

Room Information
# of Rooms: 10

Exterior

Exterior Information
Foundation Type: Masonry
Construction Type: Frame
Exterior Wall: Frame/Block
Roof Shape Type: Gable

Property Information
Subdivision Name: SILVER LAKE MANOR
Living Sq. Ft: 2,198
Building Sq. Ft: 2,263
# of Stories: 2
Stories Type: 2
Legal Description: SE OF TERRACE LANE 144' NE ROUTE 1

Parking & Garage Information
Parking Type: Built-In Garage
Garage/Parking Sq. Ft: 208
Garage / Carport Type: Built In

Lot Information
# of Buildings: 1
Land Sq. Ft: 4,600
Legal Lot Number: 22
Legal Block Number: C
School Tax District: CAPE HANLOPEN
Municipality Name: DEWEY TO LEWES EAST OF CANAL
Acres: 0.1056
Depth Footage: 92
Front Footage: 50
Zoning Code: C1
County Use Description: SINGLE FAMILY DWELLING

Financial

Assessor Information
Assessment Year: 2026

Public facts

Beds: 3
Baths: 5.0
Sq. Ft.: 2,198
Stories: 2.0
Lot Size: 4,600 square feet
Style: Single Family Residential
Year Built: 2014
Year Renovated: —
County: Sussex County
APN: 334-20.09-24.01

Home facts updated by county records on Aug 24, 2026

Around this home

Schools

Rehoboth Elementary School

Public K-5 • Assigned • 0.5mi

8/10

Beacon Middle School

Public 6-8 • Assigned • 3.5mi

7/10

Cape Henlopen High School

Public 9-12 • Assigned • 5.0mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

8/10 Heat Factor

7 days above 100° expected this year, 18 days in 30 years

8/10 Wind Factor

80% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Rehoboth Beach, DE • 19971

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.1 hours in June and 5.2 hours in December, which is comparable to the U.S. average for solar exposure.

9.1 hrs

5.2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.58M – $1.91M

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Nearby similar homes

$34,900

1 bed1 bath260 sq ft

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18209 Shockley Dr Unit 2, Dewey Beach, DE 19971

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3D WALKTHROUGH

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49 Kenmare Way, Rehoboth Beach, DE 19971

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13 beds14 baths— sq ft

34 6th St, Rehoboth Beach, DE 19971

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NEW CONSTRUCTION

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4 beds4.5 baths2,500 sq ft

505 King Charles Ave, Rehoboth Beach, DE 19971

(302) 227-3883

OPEN SEP 19, 1PM TO 3PM

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(302) 227-3883

New listings for sale in 19971

FOR SALE BY OWNER

$550,000

3 beds2 baths1,115 sq ft

37697 Ulster Dr, Rehoboth Beach, DE 19971

$169,900

2 beds2 baths1,152 sq ft

19602 Queen Ln #30, Rehoboth Beach, DE 19971

(302) 645-2207

COMING SOON

$579,000

3 beds2 baths1,724 sq ft

16 Adriatic Dr, Rehoboth Beach, DE 19971

(302) 360-0300

$97,500

2 beds1.5 baths576 sq ft

20019 Golden Ave, Rehoboth Beach, DE 19971

(302) 295-9430

3D WALKTHROUGH

$7,900,000

9 beds7.5 baths10,148 sq ft

20340 Silver Lake Dr, Rehoboth Beach, DE 19971

(302) 539-1777

$365,000

2 beds2 baths1,039 sq ft

300 Pebble Dr, Rehoboth Beach, DE 19971

(302) 227-9477

$150,000

3 beds2 baths1,164 sq ft

21714 B St, Rehoboth Beach, DE 19971

(302) 360-0300

FOR SALE BY OWNER

$1,650,000

4 beds2 baths1,556 sq ft

19767 Duffy St, Rehoboth Beach, DE 19971

$5,500,000

5 beds4.5 baths2,500 sq ft

111 Stockley St, Rehoboth Beach, DE 19971

(302) 426-2080

Home values near 38138 Terrace Rd

Data from public records.

Address	Redfin Estimate
38143 Terrace Road, Rehoboth Beach, DE 3 Beds \| 2 Baths \| 1568 Sq. Ft.	$984,658
38142 Terrace Road, Rehoboth Beach, DE 5 Beds \| 4.5 Baths \| 3440 Sq. Ft.	$1,722,542

Address	Redfin Estimate
38148 Terrace Road, Rehoboth Beach, DE 3 Beds \| 2 Baths \| 1200 Sq. Ft.	$1,122,259
38160 Terrace Road, Rehoboth Beach, DE 3 Beds \| 2.5 Baths \| - Sq. Ft.	$1,378,795

Address	Redfin Estimate
38154 Terrace Road, Rehoboth Beach, DE 3 Beds \| 2 Baths \| 1288 Sq. Ft.	$1,861,026
38149 Terrace Road, Rehoboth Beach, DE 4 Beds \| 3.5 Baths \| - Sq. Ft.	$2,495,479

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