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402 Massachusetts Ave

Lewes, DE 19958

3 bd 4 ba 2,437 sqft Built 2015 condos
Most recent sale
$917,500
Jun 30, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 30, 2023 Sold $917,500 BrightMLS
Mar 10, 2023 Listed $950,000 BrightMLS
Dec 6, 2022 Listing removed BrightMLS
Jul 15, 2022 Listed $950,000 BrightMLS
Apr 6, 2016 Sold $680,000 Public Record
Feb 2, 2016 Listing removed $693,660 Sussex
Nov 8, 2015 Price changed $693,660 Sussex
Aug 18, 2015 Listed $688,335 Sussex

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $301,800 $18,250 $320,050 $1,351
2024 $301,800 $18,250 $320,050 $2,210
2023 $39,850 $5,000 $44,850 $2,208
2022 $39,850 $5,000 $44,850 $2,131
2021 $39,850 $5,000 $44,850 $2,112
2020 $39,850 $5,000 $44,850 $2,105
2019 $39,850 $5,000 $44,850 $2,108
2018 $39,850 $5,000 $44,850 $1,969
2017 $39,850 $5,000 $44,850 $1,886
2016 $39,850 $5,000 $44,850 $1,791

Property facts

Year built
2015
Property type
condos
Stories
3
Beds
3
Baths
4
Living area
2,437 sqft
Lot size
ZIP code
19958
City
Lewes
Street
Massachusetts Ave
Coordinates
38.77923, -75.13455

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
$3,656
Gross rental yield
4.78%
Implied cap rate
3.11%
Trend-extrapolated value

Frequently asked questions

When did 402 Massachusetts Ave last sell?
402 Massachusetts Ave most recently sold on Jun 30, 2023 for $917,500.
What is the current tax assessment for 402 Massachusetts Ave?
The most recent total assessment for 402 Massachusetts Ave (year 2025) is $320,050 with $1,351 in property tax.
How does 402 Massachusetts Ave's assessment compare to its last sale price?
The current assessment is 65.1% below the last sale price of $917,500.
When was 402 Massachusetts Ave built?
402 Massachusetts Ave was built in 2015.
How does 402 Massachusetts Ave compare to others on Massachusetts Ave?
We track 6 other properties on Massachusetts Ave. Browse the list under "Other properties on Massachusetts Ave" to compare beds, baths, and sale history.
What are the property facts for 402 Massachusetts Ave?
402 Massachusetts Ave is a 3 bed, 4 bath, 2,437 sqft condos.
Is 402 Massachusetts Ave a flip candidate?
No — 402 Massachusetts Ave does not appear in our flips dataset.
Is 402 Massachusetts Ave a tax-appeal candidate?
No — 402 Massachusetts Ave 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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