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203 Michael Way

Hockessin, DE 19707

4 bd 4 ba 3,325 sqft Built 1987 Lot 23,087 sqft single_family
Most recent sale
$772,000
Apr 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 18, 2022 Sold $772,000 MLS #DENC2019182
Mar 15, 2022 Listed $695,000 MLS #DENC2019182
Oct 8, 1991 Sold $332,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $658,800 $120,300 $779,100 $7,106
2023 $150,400 $28,500 $178,900 $6,078
2022 $150,400 $28,500 $178,900 $6,111
2021 $150,400 $28,500 $178,900 $5,705
2020 $150,400 $28,500 $178,900 $5,707
2019 $150,400 $28,500 $178,900 $5,698
2018 $150,400 $28,500 $178,900 $5,601
2017 $150,400 $28,500 $178,900 $5,530
2016 $150,400 $28,500 $178,900 $5,140
2015 $150,400 $28,500 $178,900 $4,800
2014 $150,400 $28,500 $178,900 $4,424
2013 $150,400 $28,500 $178,900 $4,335
2012 $150,400 $28,500 $178,900 $4,652
2011 $150,400 $28,500 $178,900 $4,701
2010 $150,400 $28,500 $178,900 $6,295
2009 $150,400 $28,500 $178,900 $4,674
2008 $150,400 $28,500 $178,900 $4,345
2007 $150,400 $28,500 $178,900 $4,047

Property facts

Year built
1987
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
3,325 sqft
Lot size
23,087 sqft
ZIP code
19707
City
Hockessin
Street
Michael Way
Coordinates
39.77744, -75.66031

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,988
Gross rental yield
7.75%
Implied cap rate
5.04%
Trend-extrapolated value

Frequently asked questions

When did 203 Michael Way last sell?
203 Michael Way most recently sold on Apr 18, 2022 for $772,000.
What is the current tax assessment for 203 Michael Way?
The most recent total assessment for 203 Michael Way (year 2024) is $779,100 with $7,106 in property tax.
How does 203 Michael Way's assessment compare to its last sale price?
The current assessment is 0.9% above the last sale price of $772,000.
When was 203 Michael Way built?
203 Michael Way was built in 1987.
How does 203 Michael Way compare to others on Michael Way?
We do not currently track other properties on Michael Way.
What are the property facts for 203 Michael Way?
203 Michael Way is a 4 bed, 4 bath, 3,325 sqft, 23,087 sqft lot single_family.
Is 203 Michael Way a flip candidate?
No — 203 Michael Way does not appear in our flips dataset.
Is 203 Michael Way a tax-appeal candidate?
No — 203 Michael Way 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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