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406 Horizon Ln

Smyrna, DE 19977

3 bd 3 ba 1,604 sqft Built 2008 Lot 2,420 sqft townhomes
Most recent sale
$260,000
Aug 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 1, 2025 Listing removed $2,000 BrightMLS
Oct 22, 2025 Price changed for rent $2,000 BrightMLS
Oct 14, 2025 Listed for rent $2,200 BrightMLS
Aug 19, 2022 Sold $260,000 MLS #DEKT2011498
Jun 24, 2022 Price changed $265,000 MLS #DEKT2011498
Jun 22, 2022 Listed $250,000 MLS #DEKT2011498
Jan 5, 2018 Sold $189,900 MLS #1000367241
Oct 3, 2017 Price changed $189,900 MLS #7016310
Aug 3, 2017 Price changed $192,400 MLS #7016310
Jul 10, 2017 Listed $189,900 MLS #1000367241
Jul 4, 2017 Listing removed $194,999 BrightMLS
May 22, 2017 Price changed $194,999 MLS #6947432
May 3, 2017 Price changed $199,900 MLS #6947432
Apr 11, 2017 Price changed $204,900 MLS #6947432
Mar 19, 2017 Listed $210,000 MLS #6947432
Sep 9, 2008 Sold $201,077 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $209,600 $61,400 $271,000 $1,136
2024 $209,600 $61,400 $271,000 $1,143
2023 $32,200 $3,000 $35,200 $935
2022 $32,200 $3,000 $35,200 $891
2021 $32,200 $3,000 $35,200 $874
2020 $32,200 $3,000 $35,200 $764
2019 $32,200 $3,000 $35,200 $771
2018 $32,200 $3,000 $35,200 $771
2017 $32,200 $3,000 $35,200 $769
2016 $32,200 $3,000 $35,200 $780
2015 $32,200 $3,000 $35,200 $783
2014 $32,200 $3,000 $35,200 $732
2013 $34,700 $3,000 $37,700 $699
2012 $34,700 $3,000 $37,700 $676
2011 $34,700 $3,000 $37,700 $656
2010 $34,700 $3,000 $37,700 $652
2009 $37,700 $652
2008 $3,000 $48

Property facts

Year built
2008
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,604 sqft
Lot size
2,420 sqft
ZIP code
19977
City
Smyrna
Street
Horizon Ln
Coordinates
39.29702, -75.62167

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,406
Gross rental yield
11.10%
Implied cap rate
7.22%
Trend-extrapolated value

Frequently asked questions

When did 406 Horizon Ln last sell?
406 Horizon Ln most recently sold on Aug 19, 2022 for $260,000.
What is the current tax assessment for 406 Horizon Ln?
The most recent total assessment for 406 Horizon Ln (year 2025) is $271,000 with $1,136 in property tax.
How does 406 Horizon Ln's assessment compare to its last sale price?
The current assessment is 4.2% above the last sale price of $260,000.
When was 406 Horizon Ln built?
406 Horizon Ln was built in 2008.
How does 406 Horizon Ln compare to others on Horizon Ln?
We track 8 other properties on Horizon Ln. Browse the list under "Other properties on Horizon Ln" to compare beds, baths, and sale history.
What are the property facts for 406 Horizon Ln?
406 Horizon Ln is a 3 bed, 3 bath, 1,604 sqft, 2,420 sqft lot townhomes.
Is 406 Horizon Ln a flip candidate?
No — 406 Horizon Ln does not appear in our flips dataset.
Is 406 Horizon Ln a tax-appeal candidate?
No — 406 Horizon 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
+1.0%
Implied 1-yr
+4.0%
2026 Q3
$410.5K
2026 Q4
$414.4K
ZIP 19977 — Median Price History + Forecast

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