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5 Palace Ave

Claymont, DE 19703

3 bd 1 ba 1,650 sqft Built 1940 Lot 6,098 sqft single_family
Most recent sale
$295,500
Sep 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 29, 2022 Sold $295,500 MLS #DENC2029988
Aug 19, 2022 Listed $285,000 MLS #DENC2029988
Oct 19, 2006 Sold $234,900 MLS #4802402
Sep 1, 2006 Listed $234,900 MLS #4802402
Jul 1, 1992 Sold $117,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $240,500 $59,300 $299,800 $2,459
2023 $55,100 $7,900 $63,000 $2,253
2022 $55,100 $7,900 $63,000 $1,779
2021 $55,100 $7,900 $63,000 $1,879
2020 $55,100 $7,900 $63,000 $2,278
2019 $47,100 $7,900 $55,000 $1,984
2018 $47,100 $7,900 $55,000 $1,903
2017 $47,100 $7,900 $55,000 $1,874
2016 $47,100 $7,900 $55,000 $1,870
2015 $47,100 $7,900 $55,000 $1,723
2014 $47,100 $7,900 $55,000 $1,722
2013 $47,100 $7,900 $55,000 $1,713
2012 $47,100 $7,900 $55,000 $1,675
2011 $47,100 $7,900 $55,000 $1,524
2010 $47,100 $7,900 $55,000 $1,825
2009 $47,100 $7,900 $55,000 $1,506
2008 $47,100 $7,900 $55,000 $1,406
2007 $47,100 $7,900 $55,000 $1,353

Property facts

Year built
1940
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,650 sqft
Lot size
6,098 sqft
ZIP code
19703
City
Claymont
Street
Palace Ave
Coordinates
39.79803, -75.45731

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,475
Gross rental yield
10.05%
Implied cap rate
6.53%
Trend-extrapolated value

Frequently asked questions

When did 5 Palace Ave last sell?
5 Palace Ave most recently sold on Sep 29, 2022 for $295,500.
What is the current tax assessment for 5 Palace Ave?
The most recent total assessment for 5 Palace Ave (year 2024) is $299,800 with $2,459 in property tax.
How does 5 Palace Ave's assessment compare to its last sale price?
The current assessment is 1.5% above the last sale price of $295,500.
When was 5 Palace Ave built?
5 Palace Ave was built in 1940.
How does 5 Palace Ave compare to others on Palace Ave?
We track 8 other properties on Palace Ave. Browse the list under "Other properties on Palace Ave" to compare beds, baths, and sale history.
What are the property facts for 5 Palace Ave?
5 Palace Ave is a 3 bed, 1 bath, 1,650 sqft, 6,098 sqft lot single_family.
Is 5 Palace Ave a flip candidate?
No — 5 Palace Ave does not appear in our flips dataset.
Is 5 Palace Ave a tax-appeal candidate?
No — 5 Palace Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.3%
Implied 1-yr
-9.2%
2026 Q1
$302.5K
2026 Q2
$294.4K
ZIP 19703 — Median Price History + Forecast

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