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22111 Welches Way

Lewes, DE 19958

4 bd 5 ba 3,381 sqft Lot 10,890 sqft single_family
Most recent sale
$137,500
Jun 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 14, 2022 Sold $875,813 Public Record
Jun 9, 2022 Sold $137,500 Public Record
Oct 26, 2021 Listed $666,900 MLS #DESU2008402

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $296,550 $111,450 $408,000 $1,723
2024 $296,550 $111,450 $408,000 $2,075
2023 $39,600 $2,500 $42,100 $2,073
2022 $2,500 $2,500 $118

Property facts

Year built
Property type
single_family
Stories
2
Beds
4
Baths
5
Living area
3,381 sqft
Lot size
10,890 sqft
ZIP code
19958
City
Lewes
Street
Welches Way
Coordinates
38.72001, -75.16544

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
$825
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 22111 Welches Way last sell?
22111 Welches Way most recently sold on Jun 9, 2022 for $137,500.
What is the current tax assessment for 22111 Welches Way?
The most recent total assessment for 22111 Welches Way (year 2025) is $408,000 with $1,723 in property tax.
How does 22111 Welches Way's assessment compare to its last sale price?
The current assessment is 196.7% above the last sale price of $137,500.
When was 22111 Welches Way built?
The year built for 22111 Welches Way is not in our records.
How does 22111 Welches Way compare to others on Welches Way?
We track 8 other properties on Welches Way. Browse the list under "Other properties on Welches Way" to compare beds, baths, and sale history.
What are the property facts for 22111 Welches Way?
22111 Welches Way is a 4 bed, 5 bath, 3,381 sqft, 10,890 sqft lot single_family.
Is 22111 Welches Way a flip candidate?
Yes — 22111 Welches Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 22111 Welches Way a tax-appeal candidate?
No — 22111 Welches Way 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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