7 Olive Ave, Rehoboth Beach, DE 19971 Property Records

Sussex County property record for 7 Olive Ave, Rehoboth Beach, DE 19971

Property Summary

Property Type	Single Family Home
Details	5 bd · 6 ba · 2,762 sqft · built 1999
Lot Size	0.115 acres (5,001 sqft)
Owner	Company Name on File
Last Sale	$2,100,000 (Apr 2021)
Tax Bill	$5,698 (2026)
Deeds & Mortgages	Apr 2021 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`334-14.14-27.00`

Property Details

APN / Parcel Number

Primary APN	`334-14.14-27.00`

Interior

Bedrooms	5 Beds
Full Baths	6 Baths
Plumbing Fixtures	12 Plumbing Fixtures
Total Rooms	8 Rooms
Stories	2 Stories
Building Area	2,762 sqft Living Area
Gross Area	2,958 sqft
Flooring	Ceramic Tile
Fireplaces	1 Fireplace
Fireplace	Fireplace
Elevator	Elevator

Exterior

Year Built	Built 1999
Effective Year Built	Effective 1999
Exterior Material	Wood
Construction Type	Frame
Roof Type	Gable
Roof Material	Wood Shingle
Lot Area	5,001 sqft (0.115 acres)
Lot Dimensions	100 ft deep x 50 ft wide
Parking Spaces	2 Parking Spaces
Deck Area	Deck Area
Patio Area	512 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	HVAC

Location & Zoning

Street Address	7 OLIVE AVE
City	REHOBOTH BEACH
State	DE
Zip	19971-2805
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	TN
Legal Description	OLIVE AVE LOT 7 REH BCH CP MTG ASSN
Legal Subdivision	REHOBOTH BEACH
Legal Lot Number	7
Jurisdiction	SUSSEX DE
Township / Civil Division	LEWES
Census Block Group	2
Census Block	2004
Census Tract	51101

Owner

7 Olive Ave is owned by a company that bought it in April 2021.

Source: Sussex County records, as of September 18, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record	Company Name on File
Mailing Address	10401 STAPLEFORD HALL DR, POTOMAC, MD 20854-4453
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Apr 29, 2021 · Amount on File
Deed Sale	Apr 29, 2021 · Amount on File
Prior Sale	Mar 21, 1984 · Amount on File
Deed Document Number	202128214
Deed Book / Page	5456 / 10
Record Updated	Oct 29, 2026

April 2021: Deed, Transfer

Document Type	Deed
Jurisdiction	SUSSEX DE
Recording Date	Apr 29, 2021
Property Address	7 OLIVE AVE, REHOBOTH BEACH, DE 19971-2805
Document Number	0054560010
Book / Page	5456 / 10
Instrument Date	Apr 23, 2021
Instrument	20210000028214
Transaction Type	Transfer
Record Updated	May 30, 2023

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	10401 STAPLEFORD HALL DR, POTOMAC, MD 20854-4453

Mortgage

Document Number	0197840323
Date	Apr 29, 2021
Book Page	19784/323
Instrument	20210000028215

Lender

Name	M & T BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

Tax Assessment & Valuation

The 2026 property tax bill for 7 Olive Ave was $5,698, down 0.4% from the year before.

Source: Sussex County assessment roll, as of September 18, 2026

Property Jurisdictions

Type	Name
State	Delaware
County	Sussex County
Municipality	Rehoboth Beach City
Unified School District	Cape Henlopen School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$5,698.00 (-0.38%)	$42,150 (-) Land $13,750 Building $28,400	$2,708,400 (-) Land $1,684,600 Building $1,023,800
2025	$5,720.00	$42,150 Land $13,750 Building $28,400	$2,708,400 Land $1,684,600 Building $1,023,800
2023	$2,075.00	$42,150 Land $13,750 Building $28,400	$84,300 Land $27,500 Building $56,800

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 7 Olive Ave in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective August 17, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone VE, within 500 ft
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on File median of 95 individual policies
Community Rating System	Class 8 (10% premium discount)
Nearby Flood Policies	424 units insured incl. 329 condo units
Nearby Flood Claims	48 (1979–2022)
Claims Outside the SFHA	11 of 48
Most Recent Claim	Jul 2022 · other causes
Claims by Event	Severe Winter Storms, High Winds, And Flooding, Feb 1998 · 9 claims Severe Snowfall & Winter Storm, Mar 1993 · 3 claims Severe Coastal Storm, Jan 1992 · 11 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 7 Olive Ave is low, with a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 80% of the US · above 47% of Delaware
Wildfire Likelihood	0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	REHOBOTH BEACH WATER DEPARTMENT serves 25,000 people · EPA ID DE0000723
Water Source	Groundwater
Last State Inspection	Jul 2024
Lead	Under 1 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 199 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	300 / 20
T-Mobile Fixed Wireless	100 / 20
AT&T Fixed Wireless	100 / 20