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38 Theresa Way

Magnolia, DE 19962

4 bd 3 ba 2,900 sqft Built 2018 Lot 10,580 sqft single_family
Most recent sale
$430,000
Jul 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 8, 2022 Sold $430,000 MLS #DEKT2010922
May 26, 2022 Listed $425,000 MLS #DEKT2010922
Feb 15, 2019 Sold $300,302 MLS #DEKT176230
Dec 22, 2018 Listed $300,302 MLS #DEKT176230
Dec 17, 2018 Listing removed $300,302 BrightMLS
Oct 16, 2018 Price changed $300,302 MLS #1002343404
Aug 30, 2018 Listed $294,302 MLS #1002343404
Aug 20, 2018 Sold $88,200 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $332,000 $80,700 $412,700 $2,053
2024 $332,000 $80,700 $412,700 $2,021
2023 $52,900 $5,400 $58,300 $1,862
2022 $52,900 $5,400 $58,300 $1,760
2021 $52,900 $5,400 $58,300 $1,740
2020 $52,900 $5,400 $58,300 $1,701
2019 $52,900 $5,400 $58,300 $1,404
2018 $500 $500 $389
2017 $500 $500 $10
2016 $500 $500 $10
2015 $500 $500 $9
2014 $500 $500 $9
2013 $500 $500 $9
2012 $500 $500 $9
2011 $500 $8
2010 $500 $500 $8
2009 $500 $8
2008 $500 $8

Property facts

Year built
2018
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,900 sqft
Lot size
10,580 sqft
ZIP code
19962
City
Magnolia
Street
Theresa Way
Coordinates
39.04600, -75.51605

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,350
Gross rental yield
12.14%
Implied cap rate
7.89%
Trend-extrapolated value

Frequently asked questions

When did 38 Theresa Way last sell?
38 Theresa Way most recently sold on Jul 8, 2022 for $430,000.
What is the current tax assessment for 38 Theresa Way?
The most recent total assessment for 38 Theresa Way (year 2025) is $412,700 with $2,053 in property tax.
How does 38 Theresa Way's assessment compare to its last sale price?
The current assessment is 4.0% below the last sale price of $430,000.
When was 38 Theresa Way built?
38 Theresa Way was built in 2018.
How does 38 Theresa Way compare to others on Theresa Way?
We track 5 other properties on Theresa Way. Browse the list under "Other properties on Theresa Way" to compare beds, baths, and sale history.
What are the property facts for 38 Theresa Way?
38 Theresa Way is a 4 bed, 3 bath, 2,900 sqft, 10,580 sqft lot single_family.
Is 38 Theresa Way a flip candidate?
Yes — 38 Theresa Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 38 Theresa Way a tax-appeal candidate?
No — 38 Theresa 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
-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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