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702 Ponderosa Dr

Magnolia, DE 19962

4 bd 3 ba 2,891 sqft Built 1999 Lot 1 sqft single_family
Most recent sale
$270,000
Apr 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 27, 2022 Sold $270,000 Public Record
Apr 26, 2022 Price changed $270,000 MLS #DEKT2009982
Apr 25, 2022 Listed $420,000 MLS #DEKT2009982
Feb 10, 2012 Listing removed $264,900 BrightMLS
Sep 5, 2003 Sold $239,000 Public Record
Feb 21, 2003 Listed $264,900 MLS #4180469

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $322,700 $136,900 $459,600 $5,619
2024 $322,700 $136,900 $459,600 $4,316
2023 $67,600 $9,000 $76,600 $2,111
2022 $67,600 $9,000 $76,600 $2,189
2021 $67,600 $9,000 $76,600 $2,153
2020 $67,600 $9,000 $76,600 $2,106
2019 $67,600 $9,000 $76,600 $2,034
2018 $67,600 $9,000 $76,600 $1,973
2017 $67,600 $9,000 $76,600 $1,925
2016 $67,600 $9,000 $76,600 $1,834
2015 $67,600 $9,000 $76,600 $1,576
2014 $67,600 $9,000 $76,600 $1,573
2013 $67,600 $9,000 $76,600 $1,575
2012 $67,600 $9,000 $76,600 $1,313
2011 $76,600 $1,293
2010 $69,500 $9,000 $78,500 $1,289
2009 $78,500 $1,251
2008 $78,800 $1,208
2007 $78,800 $1,204

Property facts

Year built
1999
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,891 sqft
Lot size
1 sqft
ZIP code
19962
City
Magnolia
Street
Ponderosa Dr
Coordinates
39.09242, -75.48593

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,620
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 702 Ponderosa Dr last sell?
702 Ponderosa Dr most recently sold on Apr 27, 2022 for $270,000.
What is the current tax assessment for 702 Ponderosa Dr?
The most recent total assessment for 702 Ponderosa Dr (year 2025) is $459,600 with $5,619 in property tax.
How does 702 Ponderosa Dr's assessment compare to its last sale price?
The current assessment is 70.2% above the last sale price of $270,000.
When was 702 Ponderosa Dr built?
702 Ponderosa Dr was built in 1999.
How does 702 Ponderosa Dr compare to others on Ponderosa Dr?
We track 8 other properties on Ponderosa Dr. Browse the list under "Other properties on Ponderosa Dr" to compare beds, baths, and sale history.
What are the property facts for 702 Ponderosa Dr?
702 Ponderosa Dr is a 4 bed, 3 bath, 2,891 sqft, 1 sqft lot single_family.
Is 702 Ponderosa Dr a flip candidate?
No — 702 Ponderosa Dr does not appear in our flips dataset.
Is 702 Ponderosa Dr a tax-appeal candidate?
Yes — 702 Ponderosa Dr 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
-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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