407 Lake Dr
Milton, DE 19968
3 bd 2 ba 980 sqft Built 1985 Lot 8,712 sqft mobile
Most recent sale
$137,325
Oct 28, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 28, 2022 | Sold | $137,325 | MLS #DESU2029512 |
| Sep 23, 2022 | Listed | $149,000 | MLS #DESU2029512 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $29,200 | $25,050 | $54,250 | $229 |
| 2024 | $29,200 | $25,050 | $54,250 | $487 |
| 2023 | $7,400 | $2,500 | $9,900 | $487 |
| 2022 | $7,400 | $2,500 | $9,900 | $470 |
| 2021 | $7,400 | $2,500 | $9,900 | $466 |
| 2019 | $7,400 | $2,500 | $9,900 | $465 |
| 2018 | $7,400 | $2,500 | $9,900 | $435 |
| 2017 | $7,400 | $2,500 | $9,900 | $416 |
| 2016 | $7,400 | $2,500 | $9,900 | $395 |
| 2015 | $7,400 | $2,500 | $9,900 | $378 |
| 2014 | $7,400 | $2,500 | $9,900 | $375 |
| 2013 | $7,400 | $2,500 | $9,900 | $365 |
| 2012 | — | — | $9,900 | $363 |
| 2011 | — | — | $9,900 | $325 |
Property facts
Year built
1985
Property type
mobile
Stories
1
Beds
3
Baths
2
Living area
980 sqft
Lot size
8,712 sqft
ZIP code
19968
City
Milton
Street
Lake Dr
Coordinates
38.73625, -75.26252
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,470
Gross rental yield
12.85%
Implied cap rate
8.35%
Trend-extrapolated value
—
Frequently asked questions
When did 407 Lake Dr last sell?
407 Lake Dr most recently sold on Oct 28, 2022 for $137,325.
What is the current tax assessment for 407 Lake Dr?
The most recent total assessment for 407 Lake Dr (year 2025) is $54,250 with $229 in property tax.
How does 407 Lake Dr's assessment compare to its last sale price?
The current assessment is 60.5% below the last sale price of $137,325.
When was 407 Lake Dr built?
407 Lake Dr was built in 1985.
How does 407 Lake Dr compare to others on Lake Dr?
We track 8 other properties on Lake Dr. Browse the list under "Other properties on Lake Dr" to compare beds, baths, and sale history.
What are the property facts for 407 Lake Dr?
407 Lake Dr is a 3 bed, 2 bath, 980 sqft, 8,712 sqft lot mobile.
Is 407 Lake Dr a flip candidate?
No — 407 Lake Dr does not appear in our flips dataset.
Is 407 Lake Dr a tax-appeal candidate?
No — 407 Lake 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
-4.0%
Implied 1-yr
-16.0%
2026 Q3
$563.9K
2026 Q4
$533.6K
ZIP 19968 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lake Dr