Large Location Icon

502 N 2nd St; Delmar, DE Property Details

502 N 2nd St, Delmar, DE is a Single Family that was built in 1974. This property is currently Financed and is not for sale. Our records show that 502 N 2nd St has 3 bedrooms, and 2 bathrooms, and a total of 945 square feet. The lot size of 502 N 2nd St is 7,039 square feet.

Off market
502 N 2nd St Delmar, DE 19940
$149,900 Listing Price
3 Beds
2 Baths
945 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1974
  • Purchase Price: $100,000
  • Open Loans / Balance: 1 / $103,111
  • Est. Equity / %: $108,889 / 51.36%
  • Gross Yield: 5.977%
  • APN: 532-20.10-43.03
  • Situs County: Sussex
  • Length Of Ownership: 3 years, 7 months

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 1.5
  • Exterior Wall Type: Wood
  • Building Quality: C-
  • Roof Type: Gable
  • Roof Cover Type: Wood Shake/ Shingles
  • Deck: true

Measurements

  • Total: 945/SqFt
  • Lot: 7,039/SqFt
  • Garage: 133/SqFt
  • Living: 945/SqFt
  • Building: 945/SqFt
  • Price Per Square Foot: $105.82

Legal Description

  • Description: E/2ND ST 65'N/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: 38.46072 / -75.57478
  • Subdivision: Delmar
  • Property Class: Residential
  • Zoning: TN
  • County Use Code: RS

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 1151
  • Bathroom Fixtures: 8
  • Cooling: None
  • Garage: Paved/Surfaced
  • Heating: Yes

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

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

Taxes

502 N 2nd St has 10 associated Taxes items

502 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 $4,900. The APN we've located for 502 N 2nd St is 532-20.10-43.03.

Unlock the full report
Taxes
  • Assessed Value:  $4,900
  • Assessed Year:  2025
  • Assessed County:  Sussex
  • APN:  532-20.10-43.03
  • Assessed Land Value:  600
  • Market Land Value:  39300
  • Tax Amount:  560.56
  • Tax Year:  2025
  • Market Value:  151300
  • Market Year:  2025

Tax History

502 N 2nd St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $4,900 Land Value $600 Improvement Value $4,300 Tax Amount $560.56 Change Rate +1.269657% Assessed CR Tax Rate +0.1144%
Year 2024 Assessed Value $4,900 Land Value $600 Improvement Value $4,300 Tax Amount $246.98 Change Rate Assessed CR Tax Rate +0.050404%
Year 2023 Assessed Value $4,900 Land Value $600 Improvement Value $4,300 Tax Amount $246.98 Change Rate -0.059052% Assessed CR Tax Rate +0.050404%
Year 2022 Assessed Value $4,900 Land Value $600 Improvement Value $4,300 Tax Amount $262.48 Change Rate -0.055454% Assessed CR Tax Rate +0.053567%
Year 2021 Assessed Value $4,900 Land Value $600 Improvement Value $4,300 Tax Amount $277.89 Change Rate +0.035898% Assessed CR Tax Rate +0.056712%
Year 2020 Assessed Value $4,900 Land Value $600 Improvement Value $4,300 Tax Amount $268.26 Change Rate +0.006% Assessed CR Tax Rate +0.054747%
Year 2019 Assessed Value $4,900 Land Value $600 Improvement Value $4,300 Tax Amount $266.66 Change Rate -0.00448% Assessed CR Tax Rate +0.05442%
Year 2018 Assessed Value $4,900 Land Value Improvement Value Tax Amount $267.86 Change Rate +0.107226% Assessed CR Tax Rate +0.054665%
Year 2017 Assessed Value $4,900 Land Value Improvement Value Tax Amount $241.92 Change Rate +0.002819% Assessed CR Tax Rate +0.049371%
Year 2016 Assessed Value $4,900 Land Value Improvement Value Tax Amount $241.24 Change Rate -0.042356% Assessed CR Tax Rate +0.049233%
Year 2015 Assessed Value $4,900 Land Value Improvement Value Tax Amount $251.91 Change Rate +0.179851% Assessed CR Tax Rate +0.05141%
Year 2014 Assessed Value $4,900 Land Value Improvement Value Tax Amount $213.51 Change Rate Assessed CR Tax Rate +0.043573%