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255 Lorraine Dr

Frederica, DE 19946

4 bd 3 ba 3,144 sqft Built 2004 Lot 26,145 sqft single_family
Most recent sale
$358,950
Nov 17, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 17, 2021 Sold $358,950 MLS #DEKT246686
Aug 17, 2021 Relisted $348,950 MLS #DEKT246686
May 23, 2021 Price changed $348,950 MLS #DEKT246686
May 16, 2021 Listed $369,900 MLS #DEKT246686
Nov 20, 2018 Sold $215,500 MLS #1002256486
Sep 17, 2018 Price changed $218,500 MLS #1002256486
Aug 16, 2018 Listed $229,950 MLS #1002256486
Feb 10, 2012 Listing removed $260,920 BrightMLS
Jun 7, 2004 Sold $255,209 Public Record
Nov 13, 2003 Listed $260,920 MLS #4293766
Mar 24, 2003 Sold $232,000 Public Record
Feb 6, 2002 Sold $143,807 Public Record
Feb 1, 2002 Sold $319,000 Public Record
May 4, 2000 Sold $1,179,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $345,800 $78,100 $423,900 $2,009
2024 $345,800 $78,100 $423,900 $1,952
2023 $53,800 $10,500 $64,300 $1,949
2022 $53,800 $10,500 $64,300 $1,762
2021 $53,800 $10,500 $64,300 $1,679
2020 $53,800 $10,500 $64,300 $1,721
2019 $53,800 $10,500 $64,300 $1,720
2018 $53,300 $10,500 $63,800 $1,666
2017 $53,300 $10,500 $63,800 $1,752
2016 $53,300 $10,500 $63,800 $1,579
2015 $53,300 $10,500 $63,800 $1,560
2014 $53,300 $10,500 $63,800 $1,540
2013 $53,300 $10,500 $63,800 $1,465
2012 $53,300 $10,500 $63,800 $1,038
2011 $63,800 $1,006
2010 $53,300 $10,500 $63,800 $1,013
2009 $63,800 $1,039
2008 $66,700 $1,066
2007 $66,700 $1,086

Property facts

Year built
2004
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
3,144 sqft
Lot size
26,145 sqft
ZIP code
19946
City
Frederica
Street
Lorraine Dr
Coordinates
39.03228, -75.50680

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,154
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 255 Lorraine Dr last sell?
255 Lorraine Dr most recently sold on Nov 17, 2021 for $358,950.
What is the current tax assessment for 255 Lorraine Dr?
The most recent total assessment for 255 Lorraine Dr (year 2025) is $423,900 with $2,009 in property tax.
How does 255 Lorraine Dr's assessment compare to its last sale price?
The current assessment is 18.1% above the last sale price of $358,950.
When was 255 Lorraine Dr built?
255 Lorraine Dr was built in 2004.
How does 255 Lorraine Dr compare to others on Lorraine Dr?
We track 8 other properties on Lorraine Dr. Browse the list under "Other properties on Lorraine Dr" to compare beds, baths, and sale history.
What are the property facts for 255 Lorraine Dr?
255 Lorraine Dr is a 4 bed, 3 bath, 3,144 sqft, 26,145 sqft lot single_family.
Is 255 Lorraine Dr a flip candidate?
No — 255 Lorraine Dr does not appear in our flips dataset.
Is 255 Lorraine Dr a tax-appeal candidate?
Yes — 255 Lorraine Dr appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+8.7%
Implied 1-yr
+34.7%
2026 Q2
$594K
2026 Q3
$626.9K
ZIP 19946 — Median Price History + Forecast

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