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32540 Riga Dr

Ocean View, DE 19970

3 bd 2 ba 1,850 sqft Built 1980 Lot 13,939 sqft single_family
Most recent sale
$608,000
Feb 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 8, 2022 Sold $608,000 MLS #DESU2012450
Jan 15, 2022 Listed $595,000 MLS #DESU2012450
Apr 20, 2020 Sold $250,000 Public Record
Feb 19, 2020 Listed $270,000 MLS #DESU155950

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $186,550 $58,450 $245,000 $1,252
2024 $186,550 $58,450 $245,000 $1,051
2023 $16,450 $4,000 $20,450 $1,050
2022 $16,300 $4,000 $20,300 $1,030
2021 $16,300 $4,000 $20,300 $982
2020 $16,300 $4,000 $20,300 $993
2019 $16,300 $4,000 $20,300 $681
2018 $16,300 $4,000 $20,300 $697
2017 $16,300 $4,000 $20,300 $701
2016 $16,300 $4,000 $20,300 $661
2015 $16,300 $4,000 $20,300 $671
2014 $16,300 $4,000 $20,300 $660
2013 $16,300 $4,000 $20,300 $663
2012 $20,300 $747
2011 $20,300 $1,009

Property facts

Year built
1980
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,850 sqft
Lot size
13,939 sqft
ZIP code
19970
City
Ocean View
Street
Riga Dr
Coordinates
38.54022, -75.08120

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,775
Gross rental yield
5.48%
Implied cap rate
3.56%
Trend-extrapolated value

Frequently asked questions

When did 32540 Riga Dr last sell?
32540 Riga Dr most recently sold on Feb 8, 2022 for $608,000.
What is the current tax assessment for 32540 Riga Dr?
The most recent total assessment for 32540 Riga Dr (year 2025) is $245,000 with $1,252 in property tax.
How does 32540 Riga Dr's assessment compare to its last sale price?
The current assessment is 59.7% below the last sale price of $608,000.
When was 32540 Riga Dr built?
32540 Riga Dr was built in 1980.
How does 32540 Riga Dr compare to others on Riga Dr?
We track 8 other properties on Riga Dr. Browse the list under "Other properties on Riga Dr" to compare beds, baths, and sale history.
What are the property facts for 32540 Riga Dr?
32540 Riga Dr is a 3 bed, 2 bath, 1,850 sqft, 13,939 sqft lot single_family.
Is 32540 Riga Dr a flip candidate?
Yes — 32540 Riga Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 32540 Riga Dr a tax-appeal candidate?
No — 32540 Riga 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
-1.0%
Implied 1-yr
-4.0%
2026 Q2
$521K
2026 Q3
$515.5K
ZIP 19970 — Median Price History + Forecast

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