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551 Lorewood Grove Rd

Middletown, DE 19709

3 bd 2 ba 2,025 sqft Built 1994 Lot 44,867 sqft single_family
Most recent sale
$525,000
Jul 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 1, 2022 Sold $525,000 MLS #DENC2022146
Apr 27, 2022 Listed $525,000 MLS #DENC2022146
Feb 2, 1993 Sold $30,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $379,800 $141,500 $521,300 $2,384
2023 $60,200 $11,300 $71,500 $2,161
2022 $60,200 $11,300 $71,500 $2,266
2021 $60,200 $11,300 $71,500 $1,602
2019 $60,200 $11,300 $71,500 $1,615
2018 $60,200 $11,300 $71,500 $1,589
2017 $60,200 $11,300 $71,500 $2,088
2016 $60,200 $11,300 $71,500 $1,866
2013 $60,200 $11,300 $71,500 $1,841
2012 $60,200 $11,300 $71,500 $1,570
2011 $60,200 $11,300 $71,500 $1,594
2010 $60,200 $11,300 $71,500 $1,608
2009 $60,200 $11,300 $71,500 $1,616
2008 $60,200 $11,300 $71,500 $1,535
2007 $60,200 $11,300 $71,500 $1,513

Property facts

Year built
1994
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,025 sqft
Lot size
44,867 sqft
ZIP code
19709
City
Middletown
Street
Lorewood Grove Rd
Coordinates
39.54333, -75.65882

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,038
Gross rental yield
6.94%
Implied cap rate
4.51%
Trend-extrapolated value

Frequently asked questions

When did 551 Lorewood Grove Rd last sell?
551 Lorewood Grove Rd most recently sold on Jul 1, 2022 for $525,000.
What is the current tax assessment for 551 Lorewood Grove Rd?
The most recent total assessment for 551 Lorewood Grove Rd (year 2024) is $521,300 with $2,384 in property tax.
How does 551 Lorewood Grove Rd's assessment compare to its last sale price?
The current assessment is 0.7% below the last sale price of $525,000.
When was 551 Lorewood Grove Rd built?
551 Lorewood Grove Rd was built in 1994.
How does 551 Lorewood Grove Rd compare to others on Lorewood Grove Rd?
We track 8 other properties on Lorewood Grove Rd. Browse the list under "Other properties on Lorewood Grove Rd" to compare beds, baths, and sale history.
What are the property facts for 551 Lorewood Grove Rd?
551 Lorewood Grove Rd is a 3 bed, 2 bath, 2,025 sqft, 44,867 sqft lot single_family.
Is 551 Lorewood Grove Rd a flip candidate?
No — 551 Lorewood Grove Rd does not appear in our flips dataset.
Is 551 Lorewood Grove Rd a tax-appeal candidate?
No — 551 Lorewood Grove Rd 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
-1.2%
Implied 1-yr
-4.9%
2026 Q3
$478.1K
2026 Q4
$471.7K
ZIP 19709 — Median Price History + Forecast

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