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401 State St

Delmar, DE 19940

4 bd 3 ba 2,200 sqft Built 1955 Lot 11,326 sqft single_family
Most recent sale
$254,900
Sep 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 16, 2022 Sold $254,900 MLS #DESU2023434
Jun 30, 2022 Price changed $254,900 MLS #DESU2023434
Jun 18, 2022 Price changed $249,900 MLS #DESU2023434
Jun 10, 2022 Listed $269,900 MLS #DESU2023434
Feb 24, 2010 Listing removed $149,900 Sussex
Feb 13, 2010 Price changed $149,900 MLS #573165
Oct 18, 2009 Listed $150,000 MLS #573165
May 9, 2008 Sold $100,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $98,500 $21,950 $120,450 $918
2024 $98,500 $21,950 $120,450 $388
2023 $6,400 $800 $7,200 $384
2022 $6,400 $800 $7,200 $347
2021 $6,400 $800 $7,200 $370
2020 $6,400 $800 $7,200 $356
2019 $6,400 $800 $7,200 $354
2018 $6,400 $800 $7,200 $355
2017 $6,400 $800 $7,200 $355
2016 $6,400 $800 $7,200 $354
2015 $6,400 $800 $7,200 $370
2014 $6,400 $800 $7,200 $314
2013 $6,400 $800 $7,200 $325
2012 $7,200 $320
2011 $7,200 $290

Property facts

Year built
1955
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,200 sqft
Lot size
11,326 sqft
ZIP code
19940
City
Delmar
Street
State St
Coordinates
38.45628, -75.57295

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,529
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 401 State St last sell?
401 State St most recently sold on Sep 16, 2022 for $254,900.
What is the current tax assessment for 401 State St?
The most recent total assessment for 401 State St (year 2025) is $120,450 with $918 in property tax.
How does 401 State St's assessment compare to its last sale price?
The current assessment is 52.7% below the last sale price of $254,900.
When was 401 State St built?
401 State St was built in 1955.
How does 401 State St compare to others on State St?
We track 8 other properties on State St. Browse the list under "Other properties on State St" to compare beds, baths, and sale history.
What are the property facts for 401 State St?
401 State St is a 4 bed, 3 bath, 2,200 sqft, 11,326 sqft lot single_family.
Is 401 State St a flip candidate?
No — 401 State St does not appear in our flips dataset.
Is 401 State St a tax-appeal candidate?
No — 401 State 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
+7.0%
Implied 1-yr
+28.1%
2026 Q3
$444.3K
2026 Q4
$465.8K
ZIP 19940 — Median Price History + Forecast

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