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505 2nd St; Delaware City, DE Property Details

505 2nd St, Delaware City, DE is a Single Family that was built in 1900. This property is currently Financed and is not for sale. Our records show that 505 2nd St has 2 bedrooms, and 1 bathroom, and a total of 1,064 square feet. The lot size of 505 2nd St is 2,614 square feet.

Off market
505 2nd St Delaware City, DE 19706
$231,000 Estimated Value
2 Beds
1 Baths
1,064 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1900
  • Purchase Price: $66,000
  • Open Loans / Balance: 1 / $41,675
  • Est. Equity / %: $194,325 / 82.34%
  • Gross Yield: 5.324%
  • APN: 22-007.00-089
  • Situs County: New Castle
  • Length Of Ownership: 21 years, 1 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

  • Stories: 2
  • Exterior Wall Type: Other
  • Building Condition: Average
  • Building Quality: D
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Sewer Type: Yes
  • Attic: true

Measurements

  • Total: 1,064/SqFt
  • Lot: 2,614/SqFt
  • Attic: 256/SqFt
  • Gross: 1,064/SqFt
  • Living: 1,064/SqFt
  • Basement: 256/SqFt
  • Building: 1,064/SqFt
  • Ground: 652/SqFt
  • Price Per Square Foot: $62.03

Legal Description

  • Description: BEG AT POINT IN SWLY SIDE OF 2ND ST AT 80 FT WIDE ALONG SWLY SIDE OF 2ND ST N 47 DEG 50 MINUTES 10 SECONDS W
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Colonial School District
  • Lat / Lon: 39.57645 / -75.59155
  • Subdivision: Delaware City
  • Property Class: Residential
  • Zoning: 22R-1
  • County Use Code: 012

Amenities

  • Plus Four: 7798
  • Bathroom Fixtures: 5
  • Heating: Gravity
  • Parking: 2

Ownership Info

505 2nd St has no associated ownership info
505 2nd St has no associated ownership info.

Taxes

505 2nd St has 9 associated Taxes items

505 2nd St, Delaware City, DE pays taxes in New Castle County, DE. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $231,000. The APN we've located for 505 2nd St is 22-007.00-089.

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Taxes
  • Assessed Value:  $231,000
  • Assessed Year:  2025
  • Assessed County:  New Castle
  • APN:  22-007.00-089
  • Assessed Land Value:  53600
  • Tax Amount:  1391.18
  • Tax Year:  2025
  • Market Value:  106920
  • Market Year:  2024

Tax History

505 2nd St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $231,000 Land Value $53,600 Improvement Value $177,400 Tax Amount $1,391.18 Change Rate +1.978143% Assessed CR Tax Rate +0.006022%
Year 2024 Assessed Value $15,200 Land Value $2,600 Improvement Value $12,600 Tax Amount $467.13 Change Rate +0.106209% Assessed CR Tax Rate +0.030732%
Year 2023 Assessed Value $15,200 Land Value $2,600 Improvement Value $12,600 Tax Amount $422.28 Change Rate -0.046083% Assessed CR Tax Rate +0.027782%
Year 2022 Assessed Value $15,200 Land Value $2,600 Improvement Value $12,600 Tax Amount $442.68 Change Rate +0.07431% Assessed CR Tax Rate +0.029124%
Year 2021 Assessed Value $15,200 Land Value $2,600 Improvement Value $12,600 Tax Amount $412.06 Change Rate -0.010137% Assessed CR Tax Rate +0.027109%
Year 2020 Assessed Value $15,200 Land Value $2,600 Improvement Value $12,600 Tax Amount $416.28 Change Rate +1.943156% Assessed CR Tax Rate +0.027387%
Year 2019 Assessed Value $15,200 Land Value $2,600 Improvement Value $12,600 Tax Amount $141.44 Change Rate +0.231948% Assessed CR Tax Rate +0.009305%
Year 2018 Assessed Value $15,200 Land Value $2,600 Improvement Value $12,600 Tax Amount $114.81 Change Rate Assessed CR Tax Rate +0.007553%
Year 2017 Assessed Value $15,200 Land Value $2,600 Improvement Value $12,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $15,200 Land Value $2,600 Improvement Value $12,600 Tax Amount $336.17 Change Rate -0.000357% Assessed CR Tax Rate +0.022116%
Year 2015 Assessed Value $15,200 Land Value $2,600 Improvement Value $12,600 Tax Amount $336.29 Change Rate -0.000594% Assessed CR Tax Rate +0.022124%
Year 2014 Assessed Value $15,200 Land Value $2,600 Improvement Value $12,600 Tax Amount $336.49 Change Rate Assessed CR Tax Rate +0.022138%