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16 Reese Dr

Newark, DE 19711

5 bd 5 ba 6,137 sqft Built 1991 Lot 35,284 sqft single_family
Most recent sale
$845,000
Jan 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 18, 2022 Sold $845,000 MLS #DENC2006870
Sep 23, 2021 Listed $895,000 MLS #DENC2006870

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $725,700 $124,600 $850,300 $7,533
2023 $176,100 $27,800 $203,900 $6,646
2022 $176,100 $27,800 $203,900 $6,725
2021 $176,100 $27,800 $203,900 $6,725
2020 $176,100 $27,800 $203,900
2019 $176,100 $27,800 $203,900 $6,736
2018 $176,100 $27,800 $203,900 $6,602
2017 $176,100 $27,800 $203,900 $6,521
2016 $176,100 $27,800 $203,900 $6,228
2015 $176,100 $27,800 $203,900 $5,835
2014 $176,100 $27,800 $203,900 $5,400
2013 $176,100 $27,800 $203,900 $5,330
2012 $176,100 $27,800 $203,900 $5,111
2011 $176,100 $27,800 $203,900 $5,152
2010 $176,100 $27,800 $203,900 $5,185
2009 $176,100 $27,800 $203,900 $5,166
2008 $176,100 $27,800 $203,900 $4,788
2007 $176,100 $27,800 $203,900 $4,500

Property facts

Year built
1991
Property type
single_family
Stories
2
Beds
5
Baths
5
Living area
6,137 sqft
Lot size
35,284 sqft
ZIP code
19711
City
Newark
Street
Reese Dr
Coordinates
39.76031, -75.74790

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
$9,206
Gross rental yield
13.07%
Implied cap rate
8.50%
Trend-extrapolated value

Frequently asked questions

When did 16 Reese Dr last sell?
16 Reese Dr most recently sold on Jan 18, 2022 for $845,000.
What is the current tax assessment for 16 Reese Dr?
The most recent total assessment for 16 Reese Dr (year 2024) is $850,300 with $7,533 in property tax.
How does 16 Reese Dr's assessment compare to its last sale price?
The current assessment is 0.6% above the last sale price of $845,000.
When was 16 Reese Dr built?
16 Reese Dr was built in 1991.
How does 16 Reese Dr compare to others on Reese Dr?
We track 5 other properties on Reese Dr. Browse the list under "Other properties on Reese Dr" to compare beds, baths, and sale history.
What are the property facts for 16 Reese Dr?
16 Reese Dr is a 5 bed, 5 bath, 6,137 sqft, 35,284 sqft lot single_family.
Is 16 Reese Dr a flip candidate?
No — 16 Reese Dr does not appear in our flips dataset.
Is 16 Reese Dr a tax-appeal candidate?
No — 16 Reese Dr 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
+2.3%
Implied 1-yr
+9.0%
2026 Q3
$484.7K
2026 Q4
$494.2K
ZIP 19711 — Median Price History + Forecast

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