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507 N 2nd St; Delmar, DE Property Details

507 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 507 N 2nd St has 3 bedrooms, and 3 bathrooms, and a total of 1,080 square feet. The lot size of 507 N 2nd St is 9,100 square feet.

Off market
507 N 2nd St Delmar, DE 19940
$11,050 Estimated Value
3 Beds
3 Baths
1,080 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1974
  • Purchase Price: $136,000
  • Open Loans / Balance: 1 / $103,248
  • Est. Equity / %: $188,752 / 64.64%
  • Gross Yield: 4.833%
  • APN: 532-20.10-16.00
  • Situs County: Sussex
  • Length Of Ownership: 12 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Total Rooms: 5

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Wood
  • Building Quality: C
  • Roof Type: Gable
  • Roof Cover Type: Wood Shake/ Shingles

Measurements

  • Total: 1,080/SqFt
  • Lot: 9,100/SqFt
  • Living: 1,080/SqFt
  • Building: 1,080/SqFt
  • Price Per Square Foot: $125.93

Legal Description

  • Description: SW/W 2ND ST YORK ST LOT 4
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: 38.46111 / -75.57521
  • Subdivision: Delmar
  • Property Class: Residential
  • Zoning: TN
  • County Use Code: RS

Amenities

  • Plus Four: 1150
  • Bathroom Fixtures: 8
  • Cooling: Central
  • 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

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

Taxes

507 N 2nd St has 10 associated Taxes items

507 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 $11,050. The APN we've located for 507 N 2nd St is 532-20.10-16.00.

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Taxes
  • Assessed Value:  $11,050
  • Assessed Year:  2025
  • Assessed County:  Sussex
  • APN:  532-20.10-16.00
  • Assessed Land Value:  650
  • Market Land Value:  42700
  • Tax Amount:  686.94
  • Tax Year:  2025
  • Market Value:  181900
  • Market Year:  2025

Tax History

507 N 2nd St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $11,050 Land Value $650 Improvement Value $10,400 Tax Amount $686.94 Change Rate +0.205264% Assessed CR Tax Rate +0.062167%
Year 2024 Assessed Value $11,050 Land Value $650 Improvement Value $10,400 Tax Amount $569.95 Change Rate Assessed CR Tax Rate +0.051579%
Year 2023 Assessed Value $11,050 Land Value $650 Improvement Value $10,400 Tax Amount $569.95 Change Rate +0.043349% Assessed CR Tax Rate +0.051579%
Year 2022 Assessed Value $11,050 Land Value $650 Improvement Value $10,400 Tax Amount $546.27 Change Rate -0.059809% Assessed CR Tax Rate +0.049436%
Year 2021 Assessed Value $11,050 Land Value $650 Improvement Value $10,400 Tax Amount $581.02 Change Rate +0.038816% Assessed CR Tax Rate +0.052581%
Year 2020 Assessed Value $11,050 Land Value $650 Improvement Value $10,400 Tax Amount $559.31 Change Rate +0.006496% Assessed CR Tax Rate +0.050616%
Year 2019 Assessed Value $11,050 Land Value $650 Improvement Value $10,400 Tax Amount $555.7 Change Rate -0.004853% Assessed CR Tax Rate +0.05029%
Year 2018 Assessed Value $11,050 Land Value Improvement Value Tax Amount $558.41 Change Rate +0.023573% Assessed CR Tax Rate +0.050535%
Year 2017 Assessed Value $11,050 Land Value Improvement Value Tax Amount $545.55 Change Rate -0.020574% Assessed CR Tax Rate +0.049371%
Year 2016 Assessed Value $11,050 Land Value Improvement Value Tax Amount $557.01 Change Rate -0.041373% Assessed CR Tax Rate +0.050408%
Year 2015 Assessed Value $11,050 Land Value Improvement Value Tax Amount $581.05 Change Rate Assessed CR Tax Rate +0.052584%
Year 2014 Assessed Value $11,050 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate