38259 Lake Dr
Selbyville, DE 19975
4 bd 4 ba 2,500 sqft Built 2002 townhomes
Most recent sale
$545,000
Mar 10, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 10, 2022 | Sold | $545,000 | MLS #DESU2010322 |
| Dec 2, 2021 | Listed | $559,000 | MLS #DESU2010322 |
| Jun 21, 2019 | Sold | $338,000 | MLS #DESU131226 |
| Feb 21, 2019 | Listed | $349,000 | MLS #DESU131226 |
| Jan 9, 2019 | Listing removed | $350,000 | BrightMLS |
| Oct 12, 2018 | Price changed | $350,000 | MLS #1001568754 |
| Aug 28, 2018 | Price changed | $359,000 | MLS #1001568754 |
| Jun 6, 2018 | Listing removed | $364,000 | Sussex |
| Oct 19, 2017 | Listed | $364,000 | MLS #1001568754 |
| Nov 20, 2013 | Listing removed | $399,900 | Sussex |
| Feb 3, 2013 | Listed | $399,900 | MLS #601343 |
| Apr 26, 2002 | Sold | $258,573 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $193,700 | $37,400 | $231,100 | $988 |
| 2024 | $193,700 | $37,400 | $231,100 | $1,247 |
| 2023 | $29,550 | $600 | $30,150 | $1,246 |
| 2022 | $29,550 | $600 | $30,150 | $1,226 |
| 2021 | $29,550 | $600 | $30,150 | $1,190 |
| 2020 | $29,550 | $600 | $30,150 | $1,135 |
| 2019 | $29,550 | $600 | $30,150 | $1,130 |
| 2018 | $29,550 | $600 | $30,150 | $1,141 |
| 2017 | $29,550 | $600 | $30,150 | $1,151 |
| 2016 | $29,550 | $600 | $30,150 | $1,014 |
| 2015 | $29,550 | $600 | $30,150 | $1,045 |
| 2014 | $29,550 | $900 | $30,450 | $1,040 |
| 2013 | $29,550 | $900 | $30,450 | $1,051 |
| 2012 | — | — | $30,450 | $1,019 |
| 2011 | — | — | $30,450 | $1,029 |
Property facts
Year built
2002
Property type
townhomes
Stories
3
Beds
4
Baths
4
Living area
2,500 sqft
Lot size
—
ZIP code
19975
City
Selbyville
Street
Lake Dr
Coordinates
38.47795, -75.08665
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
$3,750
Gross rental yield
8.26%
Implied cap rate
5.37%
Trend-extrapolated value
—
Frequently asked questions
When did 38259 Lake Dr last sell?
38259 Lake Dr most recently sold on Mar 10, 2022 for $545,000.
What is the current tax assessment for 38259 Lake Dr?
The most recent total assessment for 38259 Lake Dr (year 2025) is $231,100 with $988 in property tax.
How does 38259 Lake Dr's assessment compare to its last sale price?
The current assessment is 57.6% below the last sale price of $545,000.
When was 38259 Lake Dr built?
38259 Lake Dr was built in 2002.
How does 38259 Lake Dr compare to others on Lake Dr?
We track 8 other properties on Lake Dr. Browse the list under "Other properties on Lake Dr" to compare beds, baths, and sale history.
What are the property facts for 38259 Lake Dr?
38259 Lake Dr is a 4 bed, 4 bath, 2,500 sqft townhomes.
Is 38259 Lake Dr a flip candidate?
No — 38259 Lake Dr does not appear in our flips dataset.
Is 38259 Lake Dr a tax-appeal candidate?
No — 38259 Lake Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.2%
Implied 1-yr
+0.8%
2026 Q3
$1.02M
2026 Q4
$1.02M
ZIP 19975 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lake Dr