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503 Erickson Ave

Hockessin, DE 19707

3 bd 3 ba 2,050 sqft Built 1969 Lot 8,712 sqft single_family
Most recent sale
$425,000
Feb 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 20, 2023 Sold $465,000 BrightMLS
Feb 4, 2022 Sold $425,000 MLS #DENC2012374
Dec 13, 2021 Listed $399,900 MLS #DENC2012374
Apr 8, 2004 Sold $240,000 Public Record
May 1, 1995 Sold $126,000 Public Record
Sep 30, 1991 Sold $127,000 Public Record
Feb 1, 1984 Sold $70,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $283,900 $86,100 $370,000 $2,448
2023 $51,100 $12,800 $63,900 $2,171
2022 $51,100 $12,800 $63,900 $2,183
2021 $50,600 $12,800 $63,400 $2,164
2020 $50,600 $12,800 $63,400 $2,164
2019 $50,600 $12,800 $63,400 $2,161
2018 $50,600 $12,800 $63,400 $2,127
2017 $50,600 $12,800 $63,400 $2,101
2016 $50,600 $12,800 $63,400 $1,999
2015 $50,600 $12,800 $63,400 $1,878
2014 $50,600 $12,800 $63,400 $1,745
2013 $50,600 $12,800 $63,400 $1,713
2012 $50,600 $12,800 $63,400 $1,649
2011 $50,600 $12,800 $63,400 $1,666
2010 $50,600 $12,800 $63,400 $2,231
2009 $50,600 $12,800 $63,400 $1,656
2008 $50,600 $12,800 $63,400 $1,540
2007 $50,600 $12,800 $63,400 $1,434

Property facts

Year built
1969
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,050 sqft
Lot size
8,712 sqft
ZIP code
19707
City
Hockessin
Street
Erickson Ave
Coordinates
39.78139, -75.69689

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,075
Gross rental yield
8.68%
Implied cap rate
5.64%
Trend-extrapolated value

Frequently asked questions

When did 503 Erickson Ave last sell?
503 Erickson Ave most recently sold on Feb 4, 2022 for $425,000.
What is the current tax assessment for 503 Erickson Ave?
The most recent total assessment for 503 Erickson Ave (year 2024) is $370,000 with $2,448 in property tax.
How does 503 Erickson Ave's assessment compare to its last sale price?
The current assessment is 12.9% below the last sale price of $425,000.
When was 503 Erickson Ave built?
503 Erickson Ave was built in 1969.
How does 503 Erickson Ave compare to others on Erickson Ave?
We track 8 other properties on Erickson Ave. Browse the list under "Other properties on Erickson Ave" to compare beds, baths, and sale history.
What are the property facts for 503 Erickson Ave?
503 Erickson Ave is a 3 bed, 3 bath, 2,050 sqft, 8,712 sqft lot single_family.
Is 503 Erickson Ave a flip candidate?
No — 503 Erickson Ave does not appear in our flips dataset.
Is 503 Erickson Ave a tax-appeal candidate?
No — 503 Erickson Ave 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
+1.6%
Implied 1-yr
+6.6%
2026 Q2
$612.7K
2026 Q3
$621.8K
ZIP 19707 — Median Price History + Forecast

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