NOT LISTED FOR SALE

408 W 7th St Wilmington, DE 19801

Downtown Wilmington Neighborhood

Estimated Value: $189,000 - $264,000

5 Beds
3 Baths
1,700 Sq Ft
$133/Sq Ft Est. Value

About This Home

This home is located at 408 W 7th St, Wilmington, DE 19801 and is currently estimated at $226,500, approximately $133 per square foot. 408 W 7th St is a home located in New Castle County with nearby schools including The Bayard School, Christiana High School, and Kuumba Academy Charter School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2025
Sold by
Wilmington Portfolio 1 Llc
Bought by
West Side Deerot Llc
Current Estimated Value
$222,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,900,000
Outstanding Balance
$3,893,383
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
-$3,666,883

Purchase Details

Closed on
Apr 21, 2021
Sold by
Morningstar Property Group Llc
Bought by
Wilmington Portfolio 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2010
Sold by
Quaker Towne Development Llc
Bought by
Morningstar Property Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,283,259
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 28, 2001
Sold by
Pokorny Iversen Partnership
Bought by
Quaker Towne Development Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
West Side Deerot Llc $5,285,000 None Listed On Document
Wilmington Portfolio 1 Llc $14,000,000 None Listed On Document
Morningstar Property Group Llc $1,200,000 None Available
Quaker Towne Development Llc $587,763 --
Pokorny Iversen Partnership -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open West Side Deerot Llc $3,900,000
Previous Owner Wilmington Portfolio 1 Llc $10,000,000
Previous Owner Morningstar Property Group Llc $1,283,259
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,626 $44,100 $2,800 $41,300
2023 $1,585 $44,100 $2,800 $41,300
2022 $1,569 $44,100 $2,800 $41,300
2021 $1,528 $44,100 $2,800 $41,300
2020 $1,484 $44,100 $2,800 $41,300
2019 $2,171 $44,100 $2,800 $41,300
2018 $239 $44,100 $2,800 $41,300
2017 $2,045 $44,100 $2,800 $41,300
2016 $2,045 $44,100 $2,800 $41,300
2015 $1,916 $44,100 $2,800 $41,300
2014 $1,915 $44,100 $2,800 $41,300
Source: Public Records

Map

Delaware New Castle County Wilmington 19801 Downtown Wilmington

408 W 7th St, Wilmington, DE

Not Listed for Sale

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