531 Schooner Way
Dover, DE 19901
2 bd 2 ba 1,640 sqft Built 1994 Lot 7,405 sqft townhomes
Most recent sale
$138,500
May 5, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 5, 2022 | Sold | $138,500 | MLS #DEKT2008268 |
| Mar 18, 2022 | Relisted | $138,500 | MLS #DEKT2008268 |
| Feb 22, 2022 | Listed | $138,500 | MLS #DEKT2008268 |
| Apr 1, 1994 | Sold | $78,900 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $142,100 | $63,100 | $205,200 | $1,205 |
| 2024 | $142,100 | $63,100 | $205,200 | $1,164 |
| 2023 | $30,700 | $8,800 | $39,500 | $1,162 |
| 2022 | $30,700 | $8,800 | $39,500 | $1,124 |
| 2021 | $30,700 | $8,800 | $39,500 | $1,083 |
| 2020 | $30,700 | $8,800 | $39,500 | $646 |
| 2019 | $30,700 | $8,800 | $39,500 | $989 |
| 2018 | $30,700 | $8,800 | $39,500 | $199 |
| 2017 | $30,700 | $8,800 | $39,500 | $196 |
| 2015 | $30,700 | $8,800 | $39,500 | $195 |
| 2014 | $30,700 | $8,800 | $39,500 | $195 |
| 2013 | $30,700 | $8,800 | $39,500 | $198 |
| 2012 | $30,700 | $8,800 | $39,500 | $940 |
| 2011 | — | — | $39,500 | $909 |
| 2010 | $30,700 | $8,800 | $39,500 | $887 |
| 2009 | — | — | $39,500 | $795 |
| 2008 | — | — | $39,200 | $740 |
Property facts
Year built
1994
Property type
townhomes
Stories
2
Beds
2
Baths
2
Living area
1,640 sqft
Lot size
7,405 sqft
ZIP code
19901
City
Dover
Street
Schooner Way
Coordinates
39.17869, -75.51149
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
$831
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 531 Schooner Way last sell?
531 Schooner Way most recently sold on May 5, 2022 for $138,500.
What is the current tax assessment for 531 Schooner Way?
The most recent total assessment for 531 Schooner Way (year 2025) is $205,200 with $1,205 in property tax.
How does 531 Schooner Way's assessment compare to its last sale price?
The current assessment is 48.2% above the last sale price of $138,500.
When was 531 Schooner Way built?
531 Schooner Way was built in 1994.
How does 531 Schooner Way compare to others on Schooner Way?
We track 8 other properties on Schooner Way. Browse the list under "Other properties on Schooner Way" to compare beds, baths, and sale history.
What are the property facts for 531 Schooner Way?
531 Schooner Way is a 2 bed, 2 bath, 1,640 sqft, 7,405 sqft lot townhomes.
Is 531 Schooner Way a flip candidate?
No — 531 Schooner Way does not appear in our flips dataset.
Is 531 Schooner Way a tax-appeal candidate?
No — 531 Schooner 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
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Geography
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