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504 2nd St

Delmar, DE 19940

3 bd 2 ba 1,672 sqft Built 1968 Lot 6,534 sqft single_family
Most recent sale
$250,000
Jun 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 17, 2022 Sold $250,000 MLS #DESU2019150
Apr 1, 2022 Listed $235,000 MLS #DESU2019150
Dec 9, 2020 Sold $52,000 Public Record
May 8, 2003 Sold $60,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $88,300 $19,600 $107,900 $812
2024 $88,300 $19,600 $107,900 $290
2023 $4,950 $550 $5,500 $286
2022 $4,950 $550 $5,500 $278
2021 $4,950 $550 $5,500 $283
2020 $4,950 $550 $5,500 $298
2019 $4,950 $550 $5,500 $296
2018 $4,950 $550 $5,500 $297
2017 $4,950 $550 $5,500 $298
2016 $4,950 $550 $5,500 $297
2015 $4,950 $550 $5,500 $309
2014 $4,950 $550 $5,500 $266
2013 $4,950 $550 $5,500 $274
2011 $5,500 $248

Property facts

Year built
1968
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,672 sqft
Lot size
6,534 sqft
ZIP code
19940
City
Delmar
Street
2nd St
Coordinates
38.46090, -75.57481

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
$2,508
Gross rental yield
12.04%
Implied cap rate
7.82%
Trend-extrapolated value

Frequently asked questions

When did 504 2nd St last sell?
504 2nd St most recently sold on Jun 17, 2022 for $250,000.
What is the current tax assessment for 504 2nd St?
The most recent total assessment for 504 2nd St (year 2025) is $107,900 with $812 in property tax.
How does 504 2nd St's assessment compare to its last sale price?
The current assessment is 56.8% below the last sale price of $250,000.
When was 504 2nd St built?
504 2nd St was built in 1968.
How does 504 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 504 2nd St?
504 2nd St is a 3 bed, 2 bath, 1,672 sqft, 6,534 sqft lot single_family.
Is 504 2nd St a flip candidate?
Yes — 504 2nd St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 504 2nd St a tax-appeal candidate?
No — 504 2nd St 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
+8.8%
Implied 1-yr
+35.1%
2026 Q3
$517.5K
2026 Q4
$546.4K
ZIP 19940 — Median Price History + Forecast

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