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705 State St

Delmar, DE 19940

5 bd 3 ba 2,700 sqft Built 1905 Lot 19,166 sqft single_family
Most recent sale
$185,000
May 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 26, 2025 Listed for rent $2,500 Hemlane
May 18, 2022 Sold $185,000 MLS #DESU2013106
Mar 14, 2022 Price changed $199,900 MLS #DESU2013106
Feb 11, 2022 Price changed $214,900 MLS #DESU2013106
Jan 12, 2022 Listed $224,900 MLS #DESU2013106
Oct 26, 2007 Sold $260,000 Public Record
Feb 6, 2007 Sold $75,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $155,050 $23,900 $178,950 $1,352
2024 $155,050 $23,900 $178,950 $562
2023 $9,450 $1,200 $10,650 $555
2022 $9,450 $1,200 $10,650 $539
2021 $9,450 $1,200 $10,650 $573
2020 $9,450 $1,200 $10,650 $553
2019 $9,450 $1,200 $10,650 $549
2018 $9,450 $1,200 $10,650 $526
2017 $9,450 $1,200 $10,650 $526
2016 $9,450 $1,200 $10,650 $524
2015 $9,450 $1,200 $10,650 $547
2014 $9,450 $1,200 $10,650 $464
2013 $9,450 $1,200 $10,650 $481
2012 $10,650 $474
2011 $10,650 $429

Property facts

Year built
1905
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
2,700 sqft
Lot size
19,166 sqft
ZIP code
19940
City
Delmar
Street
State St
Coordinates
38.45618, -75.56911

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,110
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 705 State St last sell?
705 State St most recently sold on May 18, 2022 for $185,000.
What is the current tax assessment for 705 State St?
The most recent total assessment for 705 State St (year 2025) is $178,950 with $1,352 in property tax.
How does 705 State St's assessment compare to its last sale price?
The current assessment is 3.3% below the last sale price of $185,000.
When was 705 State St built?
705 State St was built in 1905.
How does 705 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 705 State St?
705 State St is a 5 bed, 3 bath, 2,700 sqft, 19,166 sqft lot single_family.
Is 705 State St a flip candidate?
No — 705 State St does not appear in our flips dataset.
Is 705 State St a tax-appeal candidate?
No — 705 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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