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405 7th St

Laurel, DE 19956

2 bd 1 ba 772 sqft Built 1947 Lot 5,663 sqft single_family
Most recent sale
$150,000
Sep 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 29, 2022 Sold $150,000 MLS #DESU2023942
Aug 10, 2022 Price changed $145,000 MLS #DESU2023942
Jul 2, 2022 Price changed $164,900 MLS #DESU2023942
Jun 18, 2022 Listed $170,000 MLS #DESU2023942
Apr 30, 2021 Sold $98,500 Public Record
Jan 14, 2021 Listed $99,900 MLS #DESU175916
May 8, 2019 Listed $39,900 MLS #DESU139916

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $39,600 $12,450 $52,050 $380
2024 $39,600 $12,450 $52,050 $232
2023 $3,750 $350 $4,100 $262
2022 $3,750 $350 $4,100 $230
2021 $3,750 $350 $4,100 $229
2020 $3,750 $350 $4,100 $210
2019 $3,750 $350 $4,100 $210
2018 $3,750 $350 $4,100 $230
2017 $3,750 $350 $4,100 $223
2016 $3,750 $350 $4,100 $237
2015 $3,750 $350 $4,100 $204
2014 $3,750 $350 $4,100 $181
2013 $3,750 $350 $4,100 $176
2012 $4,100 $176
2011 $4,100 $152

Property facts

Year built
1947
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
772 sqft
Lot size
5,663 sqft
ZIP code
19956
City
Laurel
Street
7th St
Coordinates
38.55468, -75.57766

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,158
Gross rental yield
9.26%
Implied cap rate
6.02%
Trend-extrapolated value

Frequently asked questions

When did 405 7th St last sell?
405 7th St most recently sold on Sep 29, 2022 for $150,000.
What is the current tax assessment for 405 7th St?
The most recent total assessment for 405 7th St (year 2025) is $52,050 with $380 in property tax.
How does 405 7th St's assessment compare to its last sale price?
The current assessment is 65.3% below the last sale price of $150,000.
When was 405 7th St built?
405 7th St was built in 1947.
How does 405 7th St compare to others on 7th St?
We track 8 other properties on 7th St. Browse the list under "Other properties on 7th St" to compare beds, baths, and sale history.
What are the property facts for 405 7th St?
405 7th St is a 2 bed, 1 bath, 772 sqft, 5,663 sqft lot single_family.
Is 405 7th St a flip candidate?
Yes — 405 7th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 405 7th St a tax-appeal candidate?
No — 405 7th 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
+2.2%
Implied 1-yr
+8.8%
2026 Q3
$321.4K
2026 Q4
$327.6K
ZIP 19956 — Median Price History + Forecast

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