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502 Cypress Dr

Magnolia, DE 19962

3 bd 3 ba 1,392 sqft Built 1999 Lot 17,424 sqft single_family
Most recent sale
$340,000
Mar 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 21, 2022 Sold $340,000 MLS #DEKT2008062
Feb 13, 2022 Listed $310,000 MLS #DEKT2008062
Nov 5, 2021 Sold $155,000 Public Record
Aug 27, 1999 Sold $135,730 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $240,300 $91,100 $331,400 $1,728
2024 $240,300 $91,100 $331,400 $1,698
2023 $37,000 $6,500 $43,500 $1,474
2022 $37,000 $6,500 $43,500 $1,400
2021 $37,000 $6,500 $43,500 $1,370
2020 $37,000 $6,500 $43,500 $1,336
2019 $37,000 $6,500 $43,500 $1,295
2018 $37,000 $6,500 $43,500 $1,260
2017 $37,000 $6,500 $43,500 $1,233
2016 $37,000 $6,500 $43,500 $1,157
2015 $37,000 $6,500 $43,500 $1,010
2014 $37,000 $6,500 $43,500 $1,008
2013 $37,000 $6,500 $43,500 $1,008
2012 $37,000 $6,500 $43,500 $746
2011 $43,500 $734
2010 $37,000 $6,500 $43,500 $714
2009 $43,500 $693
2008 $45,100 $691
2007 $45,100 $689

Property facts

Year built
1999
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,392 sqft
Lot size
17,424 sqft
ZIP code
19962
City
Magnolia
Street
Cypress Dr
Coordinates
39.10095, -75.48874

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
$2,088
Gross rental yield
7.37%
Implied cap rate
4.79%
Trend-extrapolated value

Frequently asked questions

When did 502 Cypress Dr last sell?
502 Cypress Dr most recently sold on Mar 21, 2022 for $340,000.
What is the current tax assessment for 502 Cypress Dr?
The most recent total assessment for 502 Cypress Dr (year 2025) is $331,400 with $1,728 in property tax.
How does 502 Cypress Dr's assessment compare to its last sale price?
The current assessment is 2.5% below the last sale price of $340,000.
When was 502 Cypress Dr built?
502 Cypress Dr was built in 1999.
How does 502 Cypress Dr compare to others on Cypress Dr?
We track 8 other properties on Cypress Dr. Browse the list under "Other properties on Cypress Dr" to compare beds, baths, and sale history.
What are the property facts for 502 Cypress Dr?
502 Cypress Dr is a 3 bed, 3 bath, 1,392 sqft, 17,424 sqft lot single_family.
Is 502 Cypress Dr a flip candidate?
Yes — 502 Cypress Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 502 Cypress Dr a tax-appeal candidate?
No — 502 Cypress 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
-0.7%
Implied 1-yr
-3.0%
2026 Q2
$324.1K
2026 Q3
$321.6K
ZIP 19962 — Median Price History + Forecast

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