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40 Lake Shore Dr

Lewes, DE 19958

3 bd 2 ba 1,200 sqft Built 2000 Lot 10,890 sqft single_family
Most recent sale
$310,000
May 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 27, 2022 Sold $310,000 MLS #DESU2017446
Apr 5, 2022 Price changed $310,000 MLS #DESU2017446
Mar 16, 2022 Price changed $325,000 MLS #DESU2017446
Mar 4, 2022 Listed $349,900 MLS #DESU2017446
Oct 16, 2009 Listing removed $189,900 Sussex
Aug 12, 2009 Price changed $189,900 MLS #567895
Jul 21, 2009 Listed $214,900 MLS #567895
Apr 4, 2009 Listing removed $214,900 Sussex
Aug 29, 2008 Listed $219,900 MLS #563008
Dec 21, 2004 Sold $201,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $128,000 $30,700 $158,700 $1,621
2024 $128,000 $30,700 $158,700 $918
2023 $12,200 $1,500 $13,700 $920
2022 $12,200 $1,500 $13,700 $896
2021 $12,200 $1,500 $13,700 $890
2020 $12,200 $1,500 $13,700 $891
2019 $12,200 $1,500 $13,700 $890
2018 $12,200 $1,500 $13,700 $848
2017 $12,200 $1,500 $13,700 $823
2016 $12,200 $1,500 $13,700 $795
2015 $12,200 $1,500 $13,700 $773
2014 $12,200 $1,500 $13,700 $768
2013 $12,200 $1,500 $13,700 $528
2012 $13,700 $530
2011 $13,700 $469

Property facts

Year built
2000
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,200 sqft
Lot size
10,890 sqft
ZIP code
19958
City
Lewes
Street
Lake Shore Dr
Coordinates
38.67306, -75.19845

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
$1,800
Gross rental yield
6.97%
Implied cap rate
4.53%
Trend-extrapolated value

Frequently asked questions

When did 40 Lake Shore Dr last sell?
40 Lake Shore Dr most recently sold on May 27, 2022 for $310,000.
What is the current tax assessment for 40 Lake Shore Dr?
The most recent total assessment for 40 Lake Shore Dr (year 2025) is $158,700 with $1,621 in property tax.
How does 40 Lake Shore Dr's assessment compare to its last sale price?
The current assessment is 48.8% below the last sale price of $310,000.
When was 40 Lake Shore Dr built?
40 Lake Shore Dr was built in 2000.
How does 40 Lake Shore Dr compare to others on Lake Shore Dr?
We track 8 other properties on Lake Shore Dr. Browse the list under "Other properties on Lake Shore Dr" to compare beds, baths, and sale history.
What are the property facts for 40 Lake Shore Dr?
40 Lake Shore Dr is a 3 bed, 2 bath, 1,200 sqft, 10,890 sqft lot single_family.
Is 40 Lake Shore Dr a flip candidate?
No — 40 Lake Shore Dr does not appear in our flips dataset.
Is 40 Lake Shore Dr a tax-appeal candidate?
No — 40 Lake Shore Dr 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
+2.1%
Implied 1-yr
+8.6%
2026 Q3
$1.05M
2026 Q4
$1.07M
ZIP 19958 — Median Price History + Forecast

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