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87 Lake Shore Dr

Lewes, DE 19958

3 bd 2 ba 1,560 sqft Built 2015 Lot 15,682 sqft single_family
Most recent sale
$385,000
May 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 31, 2022 Sold $385,000 MLS #DESU2019022
Mar 31, 2022 Listed $379,900 MLS #DESU2019022
Jul 25, 2016 Sold $258,000 Public Record
May 25, 2016 Listing removed $265,000 Sussex
Apr 19, 2016 Relisted $265,000 MLS #702122
Mar 11, 2016 Listing removed $265,000 Sussex
Aug 1, 2015 Listed $265,000 MLS #702122

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $153,750 $33,900 $187,650 $1,744
2024 $153,750 $33,900 $187,650 $1,217
2023 $17,550 $2,200 $19,750 $1,218
2022 $17,250 $2,200 $19,450 $1,169
2021 $17,250 $2,200 $19,450 $774
2019 $17,250 $2,200 $19,450 $772
2018 $17,250 $2,200 $19,450 $743
2017 $17,250 $2,200 $19,450 $1,065
2016 $16,650 $2,200 $18,850 $1,001
2015 $2,200 $2,200 $310
2014 $2,200 $2,200 $309
2013 $2,200 $2,200 $81
2012 $2,200 $81
2011 $2,200 $72

Property facts

Year built
2015
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,560 sqft
Lot size
15,682 sqft
ZIP code
19958
City
Lewes
Street
Lake Shore Dr
Coordinates
38.67568, -75.20064

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
$2,340
Gross rental yield
7.29%
Implied cap rate
4.74%
Trend-extrapolated value

Frequently asked questions

When did 87 Lake Shore Dr last sell?
87 Lake Shore Dr most recently sold on May 31, 2022 for $385,000.
What is the current tax assessment for 87 Lake Shore Dr?
The most recent total assessment for 87 Lake Shore Dr (year 2025) is $187,650 with $1,744 in property tax.
How does 87 Lake Shore Dr's assessment compare to its last sale price?
The current assessment is 51.3% below the last sale price of $385,000.
When was 87 Lake Shore Dr built?
87 Lake Shore Dr was built in 2015.
How does 87 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 87 Lake Shore Dr?
87 Lake Shore Dr is a 3 bed, 2 bath, 1,560 sqft, 15,682 sqft lot single_family.
Is 87 Lake Shore Dr a flip candidate?
No — 87 Lake Shore Dr does not appear in our flips dataset.
Is 87 Lake Shore Dr a tax-appeal candidate?
No — 87 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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