38875 Madison Ave
Selbyville, DE 19975
3 bd 3 ba 1,665 sqft Built 1985 townhomes
Most recent sale
$705,000
May 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 12, 2022 | Sold | $705,000 | MLS #DESU2020050 |
| Apr 14, 2022 | Listed | $679,900 | MLS #DESU2020050 |
| Aug 9, 2017 | Sold | $355,000 | Public Record |
| Apr 29, 2017 | Listing removed | $374,900 | Sussex |
| Apr 1, 2017 | Listed | $374,900 | MLS #718921 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $300,200 | $35,700 | $335,900 | $1,445 |
| 2024 | $300,200 | $35,700 | $335,900 | $1,114 |
| 2023 | $25,050 | $1,650 | $26,700 | $1,113 |
| 2022 | $25,050 | $1,650 | $26,700 | $1,095 |
| 2021 | $25,050 | $1,650 | $26,700 | $1,063 |
| 2020 | $25,050 | $1,650 | $26,700 | $1,017 |
| 2019 | $25,050 | $1,650 | $26,700 | $1,013 |
| 2018 | $25,050 | $1,650 | $26,700 | $1,022 |
| 2017 | $25,050 | $1,650 | $26,700 | $1,031 |
| 2016 | $25,050 | $1,650 | $26,700 | $910 |
| 2015 | $25,050 | $1,650 | $26,700 | $937 |
| 2014 | $25,050 | $1,650 | $26,700 | $923 |
| 2013 | $25,050 | $1,650 | $26,700 | $933 |
| 2012 | — | — | $26,700 | $936 |
| 2011 | — | — | $26,700 | $948 |
Property facts
Year built
1985
Property type
townhomes
Stories
3
Beds
3
Baths
3
Living area
1,665 sqft
Lot size
—
ZIP code
19975
City
Selbyville
Street
Madison Ave
Coordinates
38.45384, -75.06544
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
$2,498
Gross rental yield
4.25%
Implied cap rate
2.76%
Trend-extrapolated value
—
Frequently asked questions
When did 38875 Madison Ave last sell?
38875 Madison Ave most recently sold on May 12, 2022 for $705,000.
What is the current tax assessment for 38875 Madison Ave?
The most recent total assessment for 38875 Madison Ave (year 2025) is $335,900 with $1,445 in property tax.
How does 38875 Madison Ave's assessment compare to its last sale price?
The current assessment is 52.4% below the last sale price of $705,000.
When was 38875 Madison Ave built?
38875 Madison Ave was built in 1985.
How does 38875 Madison Ave compare to others on Madison Ave?
We track 8 other properties on Madison Ave. Browse the list under "Other properties on Madison Ave" to compare beds, baths, and sale history.
What are the property facts for 38875 Madison Ave?
38875 Madison Ave is a 3 bed, 3 bath, 1,665 sqft townhomes.
Is 38875 Madison Ave a flip candidate?
No — 38875 Madison Ave does not appear in our flips dataset.
Is 38875 Madison Ave a tax-appeal candidate?
No — 38875 Madison Ave 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 Madison Ave