425 Kates Way
Smyrna, DE 19977
3 bd 3 ba 2,115 sqft Built 2004 Lot 7,841 sqft townhomes
Most recent sale
$316,000
May 31, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 31, 2022 | Sold | $316,000 | MLS #DEKT2009890 |
| Apr 27, 2022 | Listed | $289,900 | MLS #DEKT2009890 |
| Nov 2, 2016 | Sold | $195,000 | MLS #6689638 |
| Jun 30, 2016 | Price changed | $195,000 | MLS #6689638 |
| Jun 3, 2016 | Price changed | $200,000 | MLS #6689638 |
| Mar 26, 2016 | Price changed | $205,000 | MLS #6689638 |
| Feb 26, 2016 | Price changed | $210,000 | MLS #6689638 |
| Jan 1, 2016 | Listed | $195,000 | MLS #1003961629 |
| Oct 29, 2008 | Sold | $200,000 | MLS #5292331 |
| Feb 25, 2008 | Listed | $204,900 | MLS #5292331 |
| Aug 11, 2004 | Sold | $188,191 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $209,800 | $68,900 | $278,700 | $1,218 |
| 2024 | $209,800 | $68,900 | $278,700 | $1,203 |
| 2023 | $42,600 | $8,700 | $51,300 | $1,390 |
| 2022 | $42,600 | $8,700 | $51,300 | $1,327 |
| 2021 | $42,600 | $8,700 | $51,300 | $1,302 |
| 2020 | $42,600 | $8,700 | $51,300 | $1,169 |
| 2019 | $42,600 | $8,700 | $51,300 | $1,124 |
| 2018 | $42,600 | $8,700 | $51,300 | $1,124 |
| 2017 | $43,100 | $8,700 | $51,800 | $1,131 |
| 2016 | $43,100 | $8,700 | $51,800 | $1,148 |
| 2015 | $43,100 | $8,700 | $51,800 | $1,153 |
| 2014 | $43,100 | $8,700 | $51,800 | $1,078 |
| 2013 | $43,100 | $8,700 | $51,800 | $960 |
| 2012 | $43,100 | $8,700 | $51,800 | $929 |
| 2011 | $43,100 | $8,700 | $51,800 | $901 |
| 2010 | $43,100 | $8,700 | $51,800 | $896 |
| 2009 | — | — | $51,800 | $896 |
| 2008 | — | — | $54,700 | $878 |
Property facts
Year built
2004
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
2,115 sqft
Lot size
7,841 sqft
ZIP code
19977
City
Smyrna
Street
Kates Way
Coordinates
39.29251, -75.61185
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,173
Gross rental yield
12.05%
Implied cap rate
7.83%
Trend-extrapolated value
—
Frequently asked questions
When did 425 Kates Way last sell?
425 Kates Way most recently sold on May 31, 2022 for $316,000.
What is the current tax assessment for 425 Kates Way?
The most recent total assessment for 425 Kates Way (year 2025) is $278,700 with $1,218 in property tax.
How does 425 Kates Way's assessment compare to its last sale price?
The current assessment is 11.8% below the last sale price of $316,000.
When was 425 Kates Way built?
425 Kates Way was built in 2004.
How does 425 Kates Way compare to others on Kates Way?
We track 8 other properties on Kates Way. Browse the list under "Other properties on Kates Way" to compare beds, baths, and sale history.
What are the property facts for 425 Kates Way?
425 Kates Way is a 3 bed, 3 bath, 2,115 sqft, 7,841 sqft lot townhomes.
Is 425 Kates Way a flip candidate?
No — 425 Kates Way does not appear in our flips dataset.
Is 425 Kates Way a tax-appeal candidate?
No — 425 Kates Way 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 Q3
$410.5K
2026 Q4
$414.4K
ZIP 19977 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Kates Way