Large Location Icon

406 N 2nd St; Delmar, DE Property Details

406 N 2nd St, Delmar, DE is a Single Family that was built in 1974. This property is currently a cash purchase and is not for sale. Our records show that 406 N 2nd St has 3 bedrooms, and 2 bathrooms, and a total of 2,108 square feet. The lot size of 406 N 2nd St is 15,359 square feet.

Off market
406 N 2nd St Delmar, DE 19940
$139,000 Listing Price
3 Beds
2 Baths
2,108 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1974
  • Purchase Price: $124,000
  • Open Loans / Balance: 2 / $178,011
  • Est. Equity / %: $84,989 / 32.32%
  • Gross Yield: 7.086%
  • APN: 532-20.10-46.00
  • Situs County: Sussex
  • Length Of Ownership: 9 years, 6 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Wood
  • Building Quality: C+
  • Roof Type: Gable
  • Porch Type: Open
  • Roof Cover Type: Wood Shake/ Shingles

Measurements

  • Total: 2,108/SqFt
  • Lot: 15,359/SqFt
  • Garage: 528/SqFt
  • Living: 2,108/SqFt
  • Basement: 175/SqFt
  • Building: 2,108/SqFt
  • Basement Finished: 175/SqFt
  • Basement Unfinished: 246/SqFt
  • Price Per Square Foot: $58.82

Legal Description

  • Description: SE COR SECOND ST ROSE ST
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Delmar School District
  • Lat / Lon: 38.460255 / -75.57473
  • Subdivision: Delmar
  • Property Class: Residential
  • Zoning: TN
  • County Use Code: RS

Amenities

  • Plus Four: 1149
  • Bathroom Fixtures: 8
  • Cooling: None
  • Garage: Garage
  • Heating: Yes
  • Parking: 2

HOA

  • H O A One: $400
  • H O A Amount: $400
  • H O A One Frequency: Annual
  • H O A One Type: Home Owner Association

Ownership Info

406 N 2nd St has no associated ownership info
406 N 2nd St has no associated ownership info.

Taxes

406 N 2nd St has 10 associated Taxes items

406 N 2nd St, Delmar, DE pays taxes in Sussex County, DE. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $8,050. The APN we've located for 406 N 2nd St is 532-20.10-46.00.

Unlock the full report
Taxes
  • Assessed Value:  $8,050
  • Assessed Year:  2025
  • Assessed County:  Sussex
  • APN:  532-20.10-46.00
  • Assessed Land Value:  1150
  • Market Land Value:  45800
  • Tax Amount:  901.12
  • Tax Year:  2025
  • Market Value:  236200
  • Market Year:  2025

Tax History

406 N 2nd St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $8,050 Land Value $1,150 Improvement Value $6,900 Tax Amount $901.12 Change Rate +1.063051% Assessed CR Tax Rate +0.11194%
Year 2024 Assessed Value $8,050 Land Value $1,150 Improvement Value $6,900 Tax Amount $436.79 Change Rate Assessed CR Tax Rate +0.05426%
Year 2023 Assessed Value $8,050 Land Value $1,150 Improvement Value $6,900 Tax Amount $436.79 Change Rate +0.053801% Assessed CR Tax Rate +0.05426%
Year 2022 Assessed Value $8,050 Land Value $1,150 Improvement Value $6,900 Tax Amount $414.49 Change Rate -0.05757% Assessed CR Tax Rate +0.051489%
Year 2021 Assessed Value $8,050 Land Value $1,150 Improvement Value $6,900 Tax Amount $439.81 Change Rate +0.037312% Assessed CR Tax Rate +0.054635%
Year 2020 Assessed Value $8,050 Land Value $1,150 Improvement Value $6,900 Tax Amount $423.99 Change Rate +0.006242% Assessed CR Tax Rate +0.05267%
Year 2019 Assessed Value $8,050 Land Value $1,150 Improvement Value $6,900 Tax Amount $421.36 Change Rate -0.004654% Assessed CR Tax Rate +0.052343%
Year 2018 Assessed Value $8,050 Land Value Improvement Value Tax Amount $423.33 Change Rate +0.065142% Assessed CR Tax Rate +0.052588%
Year 2017 Assessed Value $8,050 Land Value Improvement Value Tax Amount $397.44 Change Rate +0.002826% Assessed CR Tax Rate +0.049371%
Year 2016 Assessed Value $8,050 Land Value Improvement Value Tax Amount $396.32 Change Rate -0.042335% Assessed CR Tax Rate +0.049232%
Year 2015 Assessed Value $8,050 Land Value Improvement Value Tax Amount $413.84 Change Rate +0.179872% Assessed CR Tax Rate +0.051409%
Year 2014 Assessed Value $8,050 Land Value Improvement Value Tax Amount $350.75 Change Rate Assessed CR Tax Rate +0.043571%