540 Canal Dr
Middletown, DE 19709
3 bd 4 ba 2,650 sqft Built 2016 Lot 3,049 sqft townhomes
Most recent sale
$370,000
Sep 16, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 16, 2022 | Sold | $370,000 | MLS #DENC2028492 |
| Aug 1, 2022 | Price changed | $370,000 | MLS #DENC2028492 |
| Jul 29, 2022 | Listed | $349,900 | MLS #DENC2028492 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $328,100 | $87,000 | $415,100 | $2,947 |
| 2023 | $76,500 | $8,400 | $84,900 | $2,683 |
| 2022 | $76,500 | $8,400 | $84,900 | $2,791 |
| 2021 | $76,500 | $8,400 | $84,900 | $2,789 |
| 2020 | $76,500 | $8,400 | $84,900 | $2,799 |
| 2019 | $76,500 | $8,400 | $84,900 | $2,794 |
| 2018 | $76,500 | $8,400 | $84,900 | $2,753 |
| 2017 | $76,500 | $8,400 | $84,900 | $2,577 |
| 2016 | $75,800 | $8,400 | $84,200 | $2,197 |
| 2014 | — | $4,400 | $4,400 | $115 |
| 2013 | — | $4,400 | $4,400 | $113 |
| 2012 | — | $4,400 | $4,400 | $123 |
Property facts
Year built
2016
Property type
townhomes
Stories
2
Beds
3
Baths
4
Living area
2,650 sqft
Lot size
3,049 sqft
ZIP code
19709
City
Middletown
Street
Canal Dr
Coordinates
39.54261, -75.66891
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,975
Gross rental yield
12.89%
Implied cap rate
8.38%
Trend-extrapolated value
—
Frequently asked questions
When did 540 Canal Dr last sell?
540 Canal Dr most recently sold on Sep 16, 2022 for $370,000.
What is the current tax assessment for 540 Canal Dr?
The most recent total assessment for 540 Canal Dr (year 2024) is $415,100 with $2,947 in property tax.
How does 540 Canal Dr's assessment compare to its last sale price?
The current assessment is 12.2% above the last sale price of $370,000.
When was 540 Canal Dr built?
540 Canal Dr was built in 2016.
How does 540 Canal Dr compare to others on Canal Dr?
We track 8 other properties on Canal Dr. Browse the list under "Other properties on Canal Dr" to compare beds, baths, and sale history.
What are the property facts for 540 Canal Dr?
540 Canal Dr is a 3 bed, 4 bath, 2,650 sqft, 3,049 sqft lot townhomes.
Is 540 Canal Dr a flip candidate?
No — 540 Canal Dr does not appear in our flips dataset.
Is 540 Canal Dr a tax-appeal candidate?
No — 540 Canal Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.2%
Implied 1-yr
-4.9%
2026 Q3
$478.1K
2026 Q4
$471.7K
ZIP 19709 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Canal Dr