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1250 Madison Ln

Hockessin, DE 19707

3 bd 3 ba 2,675 sqft Built 2017 Lot 1,742 sqft townhomes
Most recent sale
$438,000
Dec 15, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 15, 2021 Sold $438,000 MLS #DENC2006282
Sep 6, 2021 Listed $424,900 MLS #DENC2006282
Mar 30, 2017 Sold $384,335 Public Record
Dec 8, 2016 Sold $640,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $430,000 $93,600 $523,600 $3,576
2023 $77,500 $15,700 $93,200 $3,182
2022 $77,500 $15,700 $93,200 $3,204
2021 $77,500 $15,700 $93,200 $3,202
2020 $77,500 $15,700 $93,200 $3,212
2019 $77,500 $15,700 $93,200 $3,208
2018 $77,500 $15,700 $93,200 $3,158
2017 $76,300 $15,700 $92,000 $3,080

Property facts

Year built
2017
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
2,675 sqft
Lot size
1,742 sqft
ZIP code
19707
City
Hockessin
Street
Madison Ln
Coordinates
39.75202, -75.70693

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
$4,013
Gross rental yield
10.99%
Implied cap rate
7.15%
Trend-extrapolated value

Frequently asked questions

When did 1250 Madison Ln last sell?
1250 Madison Ln most recently sold on Dec 15, 2021 for $438,000.
What is the current tax assessment for 1250 Madison Ln?
The most recent total assessment for 1250 Madison Ln (year 2024) is $523,600 with $3,576 in property tax.
How does 1250 Madison Ln's assessment compare to its last sale price?
The current assessment is 19.5% above the last sale price of $438,000.
When was 1250 Madison Ln built?
1250 Madison Ln was built in 2017.
How does 1250 Madison Ln compare to others on Madison Ln?
We track 8 other properties on Madison Ln. Browse the list under "Other properties on Madison Ln" to compare beds, baths, and sale history.
What are the property facts for 1250 Madison Ln?
1250 Madison Ln is a 3 bed, 3 bath, 2,675 sqft, 1,742 sqft lot townhomes.
Is 1250 Madison Ln a flip candidate?
No — 1250 Madison Ln does not appear in our flips dataset.
Is 1250 Madison Ln a tax-appeal candidate?
Yes — 1250 Madison 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
+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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