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340 Margo Ln

Frederica, DE 19946

3 bd 2 ba 1,680 sqft Built 1983 mobile
Most recent sale
$50,000
Jun 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 1, 2022 Sold $50,000 MLS #DEKT2006880
Mar 9, 2022 Price changed $58,000 MLS #DEKT2006880
Jan 20, 2022 Listed $65,000 MLS #DEKT2006880
Jun 10, 2020 Listed $42,995 MLS #457609

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $76,300 $76,300 $304
2024 $76,300 $76,300 $302
2023 $18,000 $18,000 $453
2022 $18,000 $18,000 $408
2021 $18,000 $18,000 $761
2020 $18,000 $18,000 $388
2019 $18,000 $18,000 $2,710
2018 $18,000 $18,000 $385
2017 $18,000 $18,000 $1,936
2016 $18,000 $18,000 $1,536
2015 $18,000 $18,000 $1,362
2014 $18,000 $18,000 $356
2013 $18,000 $18,000 $337
2012 $18,000 $18,000 $293
2011 $18,000 $284
2010 $18,000 $18,000 $286
2009 $18,000 $293
2008 $18,000 $288
2007 $18,000 $293

Property facts

Year built
1983
Property type
mobile
Stories
1
Beds
3
Baths
2
Living area
1,680 sqft
Lot size
ZIP code
19946
City
Frederica
Street
Margo Ln
Coordinates
39.04999, -75.46435

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$300
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 340 Margo Ln last sell?
340 Margo Ln most recently sold on Jun 1, 2022 for $50,000.
What is the current tax assessment for 340 Margo Ln?
The most recent total assessment for 340 Margo Ln (year 2025) is $76,300 with $304 in property tax.
How does 340 Margo Ln's assessment compare to its last sale price?
The current assessment is 52.6% above the last sale price of $50,000.
When was 340 Margo Ln built?
340 Margo Ln was built in 1983.
How does 340 Margo Ln compare to others on Margo Ln?
We do not currently track other properties on Margo Ln.
What are the property facts for 340 Margo Ln?
340 Margo Ln is a 3 bed, 2 bath, 1,680 sqft mobile.
Is 340 Margo Ln a flip candidate?
No — 340 Margo Ln does not appear in our flips dataset.
Is 340 Margo Ln a tax-appeal candidate?
Yes — 340 Margo Ln appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+8.7%
Implied 1-yr
+34.7%
2026 Q2
$594K
2026 Q3
$626.9K
ZIP 19946 — Median Price History + Forecast

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