16 Summit Ln
Montchanin, DE 19807
4 bd 6 ba 8,153 sqft Built 1998 Lot 132,422 sqft single_family
Most recent sale
$3,500,000
Aug 5, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 5, 2022 | Sold | $3,500,000 | MLS #DENC2022598 |
| Apr 29, 2022 | Listed | $3,500,000 | MLS #DENC2022598 |
| Jul 12, 2012 | Sold | $2,225,000 | MLS #6043614 |
| Apr 23, 2012 | Listed | $2,350,000 | MLS #6043614 |
| Mar 22, 2012 | Listing removed | $2,850,000 | BrightMLS |
| Feb 6, 2012 | Listing removed | $3,399,000 | BrightMLS |
| Feb 3, 2012 | Listing removed | $2,850,000 | BrightMLS |
| Dec 10, 2010 | Listed | $2,850,000 | MLS #5811198 |
| May 18, 2010 | Listed | $2,850,000 | MLS #5714449 |
| Nov 20, 2009 | Listing removed | $3,399,000 | BrightMLS |
| Aug 13, 2007 | Listed | $3,399,000 | MLS #5088173 |
| Apr 29, 1996 | Sold | $240,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $2,381,200 | $280,400 | $2,661,600 | $17,691 |
| 2023 | $408,300 | $70,500 | $478,800 | $15,606 |
| 2022 | $408,300 | $70,500 | $478,800 | $15,792 |
| 2021 | $408,300 | $70,500 | $478,800 | $15,791 |
| 2020 | $408,300 | $70,500 | $478,800 | $15,842 |
| 2019 | $408,300 | $70,500 | $478,800 | $15,818 |
| 2018 | $408,300 | $70,500 | $478,800 | $15,503 |
| 2017 | $408,300 | $70,500 | $478,800 | $15,313 |
| 2016 | $408,300 | $70,500 | $478,800 | $14,625 |
| 2013 | $394,200 | $70,500 | $464,700 | $12,147 |
| 2012 | $394,200 | $70,500 | $464,700 | $11,650 |
| 2011 | $394,200 | $70,500 | $464,700 | $11,743 |
| 2010 | $394,200 | $70,500 | $464,700 | $11,818 |
| 2009 | $394,200 | $70,500 | $464,700 | $11,774 |
| 2008 | $394,200 | $70,500 | $464,700 | $10,913 |
| 2007 | $394,200 | $70,500 | $464,700 | $10,257 |
Property facts
Year built
1998
Property type
single_family
Stories
2
Beds
4
Baths
6
Living area
8,153 sqft
Lot size
132,422 sqft
ZIP code
19807
City
Montchanin
Street
Summit Ln
Coordinates
39.79796, -75.58646
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$12,230
Gross rental yield
4.19%
Implied cap rate
2.73%
Trend-extrapolated value
—
Frequently asked questions
When did 16 Summit Ln last sell?
16 Summit Ln most recently sold on Aug 5, 2022 for $3,500,000.
What is the current tax assessment for 16 Summit Ln?
The most recent total assessment for 16 Summit Ln (year 2024) is $2,661,600 with $17,691 in property tax.
How does 16 Summit Ln's assessment compare to its last sale price?
The current assessment is 24.0% below the last sale price of $3,500,000.
When was 16 Summit Ln built?
16 Summit Ln was built in 1998.
How does 16 Summit Ln compare to others on Summit Ln?
We do not currently track other properties on Summit Ln.
What are the property facts for 16 Summit Ln?
16 Summit Ln is a 4 bed, 6 bath, 8,153 sqft, 132,422 sqft lot single_family.
Is 16 Summit Ln a flip candidate?
No — 16 Summit Ln does not appear in our flips dataset.
Is 16 Summit Ln a tax-appeal candidate?
No — 16 Summit Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.7%
Implied 1-yr
+10.6%
2026 Q1
$1.14M
2026 Q2
$1.17M
ZIP 19807 — Median Price History + Forecast
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Geography