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313 Derby Way

Millsboro, DE 19966

2 bd 2 ba 1,020 sqft Built 1995 Lot 3,485 sqft townhomes
Most recent sale
$229,000
May 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 31, 2022 Sold $229,000 MLS #DESU2020194
Apr 21, 2022 Listed $234,999 MLS #DESU2020194
Aug 24, 2012 Sold $115,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $90,150 $23,100 $113,250 $507
2024 $90,150 $23,100 $113,250 $588
2023 $12,150 $1,500 $13,650 $587
2022 $12,150 $1,500 $13,650 $578
2021 $12,150 $1,500 $13,650 $562
2020 $12,150 $1,500 $13,650 $537
2019 $12,150 $1,500 $13,650 $535
2018 $12,150 $1,500 $13,650 $540
2017 $12,150 $1,500 $13,650 $544
2016 $12,150 $1,500 $13,650 $482
2015 $12,150 $1,500 $13,650 $496
2014 $12,150 $1,500 $13,650 $489
2013 $12,150 $1,500 $13,650 $494
2012 $13,650 $452
2011 $13,650 $456

Property facts

Year built
1995
Property type
townhomes
Stories
1
Beds
2
Baths
2
Living area
1,020 sqft
Lot size
3,485 sqft
ZIP code
19966
City
Millsboro
Street
Derby Way
Coordinates
38.58417, -75.28512

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
$1,530
Gross rental yield
8.02%
Implied cap rate
5.21%
Trend-extrapolated value

Frequently asked questions

When did 313 Derby Way last sell?
313 Derby Way most recently sold on May 31, 2022 for $229,000.
What is the current tax assessment for 313 Derby Way?
The most recent total assessment for 313 Derby Way (year 2025) is $113,250 with $507 in property tax.
How does 313 Derby Way's assessment compare to its last sale price?
The current assessment is 50.5% below the last sale price of $229,000.
When was 313 Derby Way built?
313 Derby Way was built in 1995.
How does 313 Derby Way compare to others on Derby Way?
We track 6 other properties on Derby Way. Browse the list under "Other properties on Derby Way" to compare beds, baths, and sale history.
What are the property facts for 313 Derby Way?
313 Derby Way is a 2 bed, 2 bath, 1,020 sqft, 3,485 sqft lot townhomes.
Is 313 Derby Way a flip candidate?
No — 313 Derby Way does not appear in our flips dataset.
Is 313 Derby Way a tax-appeal candidate?
No — 313 Derby 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
+0.6%
Implied 1-yr
+2.5%
2026 Q3
$536.4K
2026 Q4
$539.7K
ZIP 19966 — Median Price History + Forecast

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