405 2nd St
Delmar, DE 19940
5 bd 2 ba 2,400 sqft Built 1904 Lot 11,761 sqft single_family
Most recent sale
$240,000
Mar 31, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 31, 2022 | Sold | $240,000 | Public Record |
| Mar 23, 2022 | Sold | $240,000 | MLS #DESU2012526 |
| Jan 5, 2022 | Listed | $265,995 | MLS #DESU2012526 |
| Apr 12, 2018 | Sold | $179,900 | Public Record |
| Feb 24, 2018 | Listing removed | $179,900 | Sussex |
| Jan 14, 2018 | Listed | $179,900 | MLS #726699 |
| Jun 1, 2017 | Listing removed | $29,900 | Sussex |
| May 16, 2017 | Relisted | $29,900 | MLS #719246 |
| Apr 19, 2017 | Listing removed | $29,900 | Sussex |
| Apr 10, 2017 | Listed | $29,900 | MLS #719246 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $98,700 | $21,950 | $120,650 | $907 |
| 2024 | $98,700 | $21,950 | $120,650 | $441 |
| 2023 | $7,700 | $800 | $8,500 | $435 |
| 2022 | $7,700 | $800 | $8,500 | $423 |
| 2021 | $7,700 | $800 | $8,500 | $463 |
| 2020 | $7,700 | $800 | $8,500 | $446 |
| 2019 | $7,700 | $800 | $8,500 | $443 |
| 2018 | $7,700 | $800 | $8,500 | $446 |
| 2017 | $7,700 | $800 | $8,500 | $420 |
| 2016 | $7,700 | $800 | $8,500 | $431 |
| 2015 | $7,700 | $800 | $8,500 | $450 |
| 2014 | $7,700 | $800 | $8,500 | $383 |
| 2013 | $7,700 | $800 | $8,500 | $397 |
| 2012 | — | — | $8,500 | $391 |
| 2011 | — | — | $8,500 | $355 |
Property facts
Year built
1904
Property type
single_family
Stories
2
Beds
5
Baths
2
Living area
2,400 sqft
Lot size
11,761 sqft
ZIP code
19940
City
Delmar
Street
2nd St
Coordinates
38.46023, -75.57527
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,440
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 405 2nd St last sell?
405 2nd St most recently sold on Mar 31, 2022 for $240,000.
What is the current tax assessment for 405 2nd St?
The most recent total assessment for 405 2nd St (year 2025) is $120,650 with $907 in property tax.
How does 405 2nd St's assessment compare to its last sale price?
The current assessment is 49.7% below the last sale price of $240,000.
When was 405 2nd St built?
405 2nd St was built in 1904.
How does 405 2nd St compare to others on 2nd St?
We track 8 other properties on 2nd St. Browse the list under "Other properties on 2nd St" to compare beds, baths, and sale history.
What are the property facts for 405 2nd St?
405 2nd St is a 5 bed, 2 bath, 2,400 sqft, 11,761 sqft lot single_family.
Is 405 2nd St a flip candidate?
No — 405 2nd St does not appear in our flips dataset.
Is 405 2nd St a tax-appeal candidate?
No — 405 2nd St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+8.8%
Implied 1-yr
+35.1%
2026 Q3
$517.5K
2026 Q4
$546.4K
ZIP 19940 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 2nd St