508 Lake Ct
Ocean View, DE 19970
4 bd 3 ba 1,690 sqft Built 2021 Lot 13,598 sqft single_family
Most recent sale
$487,000
Feb 28, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 28, 2022 | Sold | $487,000 | MLS #DESU2009652 |
| Nov 16, 2021 | Listed | $489,500 | MLS #DESU2009652 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $175,400 | $56,000 | $231,400 | $1,186 |
| 2024 | $175,400 | $56,000 | $231,400 | $1,189 |
| 2023 | $19,500 | $3,750 | $23,250 | $1,204 |
| 2022 | — | $3,750 | $3,750 | $396 |
| 2019 | — | $3,750 | $3,750 | $411 |
| 2018 | — | $3,750 | $3,750 | $412 |
| 2017 | — | $3,750 | $3,750 | $451 |
| 2016 | — | $3,750 | $3,750 | $434 |
| 2015 | — | $3,750 | $3,750 | $438 |
| 2014 | — | $3,750 | $3,750 | $436 |
| 2013 | — | $3,750 | $3,750 | $437 |
Property facts
Year built
2021
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
1,690 sqft
Lot size
13,598 sqft
ZIP code
19970
City
Ocean View
Street
Lake Ct
Coordinates
38.55941, -75.10283
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,535
Gross rental yield
6.25%
Implied cap rate
4.06%
Trend-extrapolated value
—
Frequently asked questions
When did 508 Lake Ct last sell?
508 Lake Ct most recently sold on Feb 28, 2022 for $487,000.
What is the current tax assessment for 508 Lake Ct?
The most recent total assessment for 508 Lake Ct (year 2025) is $231,400 with $1,186 in property tax.
How does 508 Lake Ct's assessment compare to its last sale price?
The current assessment is 52.5% below the last sale price of $487,000.
When was 508 Lake Ct built?
508 Lake Ct was built in 2021.
How does 508 Lake Ct compare to others on Lake Ct?
We track 1 other property on Lake Ct. Browse the list under "Other properties on Lake Ct" to compare beds, baths, and sale history.
What are the property facts for 508 Lake Ct?
508 Lake Ct is a 4 bed, 3 bath, 1,690 sqft, 13,598 sqft lot single_family.
Is 508 Lake Ct a flip candidate?
No — 508 Lake Ct does not appear in our flips dataset.
Is 508 Lake Ct a tax-appeal candidate?
No — 508 Lake Ct is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.0%
Implied 1-yr
-4.0%
2026 Q2
$521K
2026 Q3
$515.5K
ZIP 19970 — Median Price History + Forecast
Explore nearby
Geography
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