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1 Somerset Ln

Newark, DE 19711

5 bd 4 ba 3,350 sqft Built 1990 Lot 26,136 sqft single_family
Most recent sale
$649,250
Apr 19, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 19, 2024 Sold $649,250 BrightMLS
Mar 27, 2024 Listed $649,250 BrightMLS
Apr 28, 1995 Sold $300,000 Public Record
Jun 1, 1990 Sold $335,900 Public Record
Feb 1, 1990 Sold $82,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $629,100 $116,100 $745,200 $6,723
2023 $124,000 $29,000 $153,000 $6,547
2022 $124,000 $29,000 $153,000 $6,502
2021 $124,000 $29,000 $153,000 $6,363
2020 $124,000 $29,000 $153,000 $701
2019 $124,000 $29,000 $153,000 $5,487
2018 $124,000 $29,000 $153,000 $5,364
2017 $124,000 $29,000 $153,000 $5,181
2016 $124,000 $29,000 $153,000 $5,140
2015 $124,000 $29,000 $153,000 $4,700
2014 $124,000 $29,000 $153,000 $4,703
2013 $124,000 $29,000 $153,000 $4,528
2012 $124,000 $29,000 $153,000 $4,444
2011 $124,000 $29,000 $153,000 $4,198
2010 $124,000 $29,000 $153,000 $5,348
2009 $124,000 $29,000 $153,000 $3,756
2008 $124,000 $29,000 $153,000 $3,553
2007 $124,000 $29,000 $153,000 $3,735

Property facts

Year built
1990
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
3,350 sqft
Lot size
26,136 sqft
ZIP code
19711
City
Newark
Street
Somerset Ln
Coordinates
39.74757, -75.73499

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,025
Gross rental yield
9.29%
Implied cap rate
6.04%
Trend-extrapolated value

Frequently asked questions

When did 1 Somerset Ln last sell?
1 Somerset Ln most recently sold on Apr 19, 2024 for $649,250.
What is the current tax assessment for 1 Somerset Ln?
The most recent total assessment for 1 Somerset Ln (year 2024) is $745,200 with $6,723 in property tax.
How does 1 Somerset Ln's assessment compare to its last sale price?
The current assessment is 14.8% above the last sale price of $649,250.
When was 1 Somerset Ln built?
1 Somerset Ln was built in 1990.
How does 1 Somerset Ln compare to others on Somerset Ln?
We track 8 other properties on Somerset Ln. Browse the list under "Other properties on Somerset Ln" to compare beds, baths, and sale history.
What are the property facts for 1 Somerset Ln?
1 Somerset Ln is a 5 bed, 4 bath, 3,350 sqft, 26,136 sqft lot single_family.
Is 1 Somerset Ln a flip candidate?
No — 1 Somerset Ln does not appear in our flips dataset.
Is 1 Somerset Ln a tax-appeal candidate?
No — 1 Somerset Ln 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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