545 Kates Way
Smyrna, DE 19977
5 bd 3 ba 3,624 sqft Built 1987 Lot 18,731 sqft single_family
Most recent sale
$470,000
Feb 9, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 9, 2022 | Sold | $470,000 | MLS #DEKT2000364 |
| Dec 12, 2021 | Listed | $475,000 | MLS #DEKT2000364 |
| Jan 1, 1988 | Sold | $30,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $433,700 | $78,400 | $512,100 | $2,146 |
| 2024 | $433,700 | $78,400 | $512,100 | $2,160 |
| 2023 | $80,800 | $12,700 | $93,500 | $2,484 |
| 2022 | $80,800 | $12,700 | $93,500 | $2,368 |
| 2021 | $80,800 | $12,700 | $93,500 | $2,322 |
| 2020 | $80,800 | $12,700 | $93,500 | $1,628 |
| 2019 | $80,800 | $12,700 | $93,500 | $1,648 |
| 2018 | $80,800 | $12,700 | $93,500 | $1,649 |
| 2017 | $80,800 | $12,700 | $93,500 | $1,642 |
| 2016 | $80,800 | $12,700 | $93,500 | $2,072 |
| 2015 | $80,800 | $12,700 | $93,500 | $2,080 |
| 2014 | $80,800 | $12,700 | $93,500 | $1,945 |
| 2013 | $80,800 | $12,700 | $93,500 | $1,733 |
| 2012 | $80,800 | $12,700 | $93,500 | $1,678 |
| 2011 | $80,800 | $12,700 | $93,500 | $1,627 |
| 2010 | $80,800 | $12,700 | $93,500 | $1,618 |
| 2009 | — | — | $93,500 | $1,617 |
| 2008 | — | — | $90,300 | $1,450 |
Property facts
Year built
1987
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
3,624 sqft
Lot size
18,731 sqft
ZIP code
19977
City
Smyrna
Street
Kates Way
Coordinates
39.29034, -75.60862
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
$5,436
Gross rental yield
13.88%
Implied cap rate
9.02%
Trend-extrapolated value
—
Frequently asked questions
When did 545 Kates Way last sell?
545 Kates Way most recently sold on Feb 9, 2022 for $470,000.
What is the current tax assessment for 545 Kates Way?
The most recent total assessment for 545 Kates Way (year 2025) is $512,100 with $2,146 in property tax.
How does 545 Kates Way's assessment compare to its last sale price?
The current assessment is 9.0% above the last sale price of $470,000.
When was 545 Kates Way built?
545 Kates Way was built in 1987.
How does 545 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 545 Kates Way?
545 Kates Way is a 5 bed, 3 bath, 3,624 sqft, 18,731 sqft lot single_family.
Is 545 Kates Way a flip candidate?
No — 545 Kates Way does not appear in our flips dataset.
Is 545 Kates Way a tax-appeal candidate?
No — 545 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