7 Mer Way
Dover, DE 19901
3 bd 3 ba 1,220 sqft Built 2018 Lot 5,419 sqft townhomes
Most recent sale
$250,000
Oct 4, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 4, 2022 | Sold | $250,000 | MLS #DEKT2013376 |
| Aug 19, 2022 | Listed | $235,000 | MLS #DEKT2013376 |
| Aug 31, 2018 | Sold | $169,490 | MLS #1001548296 |
| May 23, 2018 | Listed | $169,990 | MLS #1001548296 |
| Feb 7, 2012 | Listing removed | $240,080 | BrightMLS |
| Feb 6, 2012 | Listing removed | $241,670 | BrightMLS |
| Sep 22, 2011 | Sold | $2,100,000 | Public Record |
| Apr 10, 2008 | Listed | $241,670 | MLS #5329742 |
| Feb 1, 2007 | Listed | $240,080 | MLS #4936216 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $180,200 | $58,400 | $238,600 | $1,402 |
| 2024 | $180,200 | $58,400 | $238,600 | $1,354 |
| 2023 | $29,400 | $3,900 | $33,300 | $980 |
| 2022 | $29,400 | $3,900 | $33,300 | $947 |
| 2021 | $29,400 | $3,900 | $33,300 | $913 |
| 2020 | $29,400 | $3,900 | $33,300 | $881 |
| 2019 | $29,400 | $3,900 | $33,300 | $1,169 |
| 2018 | — | $3,900 | $3,900 | $425 |
| 2017 | — | $400 | $400 | $9 |
| 2016 | — | $400 | $400 | $9 |
| 2015 | — | $400 | $400 | $9 |
| 2014 | — | $400 | $400 | $9 |
| 2013 | — | $400 | $400 | $9 |
| 2012 | — | $400 | $400 | $10 |
| 2011 | — | — | $400 | $9 |
| 2010 | — | $400 | $400 | $9 |
| 2009 | — | — | $400 | $8 |
| 2008 | — | — | $400 | $8 |
Property facts
Year built
2018
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,220 sqft
Lot size
5,419 sqft
ZIP code
19901
City
Dover
Street
Mer Way
Coordinates
39.15767, -75.50575
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,830
Gross rental yield
8.78%
Implied cap rate
5.71%
Trend-extrapolated value
—
Frequently asked questions
When did 7 Mer Way last sell?
7 Mer Way most recently sold on Oct 4, 2022 for $250,000.
What is the current tax assessment for 7 Mer Way?
The most recent total assessment for 7 Mer Way (year 2025) is $238,600 with $1,402 in property tax.
How does 7 Mer Way's assessment compare to its last sale price?
The current assessment is 4.6% below the last sale price of $250,000.
When was 7 Mer Way built?
7 Mer Way was built in 2018.
How does 7 Mer Way compare to others on Mer Way?
We track 8 other properties on Mer Way. Browse the list under "Other properties on Mer Way" to compare beds, baths, and sale history.
What are the property facts for 7 Mer Way?
7 Mer Way is a 3 bed, 3 bath, 1,220 sqft, 5,419 sqft lot townhomes.
Is 7 Mer Way a flip candidate?
No — 7 Mer Way does not appear in our flips dataset.
Is 7 Mer Way a tax-appeal candidate?
No — 7 Mer Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.5%
Implied 1-yr
-6.1%
2026 Q3
$261.3K
2026 Q4
$256.9K
ZIP 19901 — Median Price History + Forecast
Explore nearby
Other properties on Mer Way