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307 Waterway Dr

Frederica, DE 19946

3 bd 3 ba 1,873 sqft Built 2016 Lot 6,970 sqft multi_family
Most recent sale
$305,000
Jun 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 28, 2022 Sold $305,000 Public Record
May 9, 2022 Price changed $305,000 MLS #DEKT2010138
May 5, 2022 Listed $290,000 MLS #DEKT2010138
Oct 26, 2016 Sold $235,000 Public Record
Oct 18, 2016 Sold $194,900 Public Record
Sep 10, 2016 Listing removed $1,600 BrightMLS
Sep 1, 2016 Listed for rent $1,600 BrightMLS
Jul 6, 2016 Sold $189,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $233,200 $61,000 $294,200 $1,062
2024 $233,200 $61,000 $294,200 $1,108
2023 $40,800 $4,300 $45,100 $1,013
2022 $40,800 $4,300 $45,100 $990
2021 $40,800 $4,300 $45,100 $1,008
2020 $40,800 $4,300 $45,100 $1,016
2019 $40,800 $4,300 $45,100 $1,021
2018 $40,800 $4,300 $45,100 $1,024
2017 $40,800 $4,300 $45,100 $1,034
2016 $40,800 $4,300 $45,100 $10
2015 $400 $400 $7
2014 $400 $400 $7
2013 $400 $400 $7
2012 $400 $400 $7
2011 $400 $7
2010 $400 $400 $7
2009 $400 $7
2008 $400 $6

Property facts

Year built
2016
Property type
multi_family
Stories
2
Beds
3
Baths
3
Living area
1,873 sqft
Lot size
6,970 sqft
ZIP code
19946
City
Frederica
Street
Waterway Dr
Coordinates
39.00129, -75.45675

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,810
Gross rental yield
11.06%
Implied cap rate
7.19%
Trend-extrapolated value

Frequently asked questions

When did 307 Waterway Dr last sell?
307 Waterway Dr most recently sold on Jun 28, 2022 for $305,000.
What is the current tax assessment for 307 Waterway Dr?
The most recent total assessment for 307 Waterway Dr (year 2025) is $294,200 with $1,062 in property tax.
How does 307 Waterway Dr's assessment compare to its last sale price?
The current assessment is 3.5% below the last sale price of $305,000.
When was 307 Waterway Dr built?
307 Waterway Dr was built in 2016.
How does 307 Waterway Dr compare to others on Waterway Dr?
We track 8 other properties on Waterway Dr. Browse the list under "Other properties on Waterway Dr" to compare beds, baths, and sale history.
What are the property facts for 307 Waterway Dr?
307 Waterway Dr is a 3 bed, 3 bath, 1,873 sqft, 6,970 sqft lot multi_family.
Is 307 Waterway Dr a flip candidate?
No — 307 Waterway Dr does not appear in our flips dataset.
Is 307 Waterway Dr a tax-appeal candidate?
No — 307 Waterway Dr is not currently flagged as a tax-appeal candidate.

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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