NOT LISTED FOR SALE

508 W 40th St Wilmington, DE 19802

Northwest Wilmington Neighborhood

Estimated Value: $237,000 - $301,299

3 Beds
2 Baths
1,275 Sq Ft
$213/Sq Ft Est. Value

Last Sold June 01, 2022

Last sale price $270,000 $212 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,559/month

About This Home

As of June 2022

This three-bedroom, two-bathroom home is available on 11/14/22! As you enter, you’re greeted by lovely oversized 9ft windows in the family room that bring in an abundance of bright natural light. You’ll find the dining room to your left, followed by the updated kitchen, with granite countertops and stainless steel appliances, including a gas range. Down the stairs is a fully finished basement with laminate flooring and a bar! As you climb the stairs, a spacious primary bedroom awaits with a private, en suite full bathroom. There are two more bedrooms and another full bathroom with a skylight. This home includes a one-car garage and one-car driveway for ample parking space! The tenant is responsible for lawn care. We qualify our applicants based on good credit (clear of any court judgments and past-due debt), positive landlord reference and rental history, and solid job history with sufficient income (3.5x monthly rent) to comfortably cover the rent plus utilities. No showings of the home will occur without a fully completed and approved application on file. Special Clauses: No smoking is permitted, no pets, and all utilities are paid by the tenant, including sewer. The tenant must use floor protectors under all furniture resting on hardwood & vinyl floors. Community regulations apply. Renters insurance is required.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2022
Closed on
Jun 15, 2022
Sold by
Joseph Prince
Bought by
Boyden Jon M
Seller's Agent
Daniel Mawn
RE/MAX Associates - Newark
Buyer's Agent
Daniel Mawn
RE/MAX Associates - Newark
Sold Price
$2,125
Current Estimated Value
$272,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,950
Avg. Annual Appreciation
0.26%
Original Mortgage
$208,000
Outstanding Balance
$199,274
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$72,801

Purchase Details

Listed on
Jul 17, 2019
Closed on
Aug 29, 2019
Sold by
Delaware Realty Group Llc
Bought by
Prince Joseph
Seller's Agent
Raymond Petkevis
Keller Williams Delaware
Buyer's Agent
Brooke May-Lynch
Keller Williams Real Estate - Media
List Price
$189,900
Sold Price
$189,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.60%
Original Mortgage
$184,203
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2019
Sold by
Walther Joseph L
Bought by
Delaware Realty Group Llc

Purchase Details

Closed on
Oct 1, 1975
Bought by
Walther Joseph L and Walther Beverly
Source: Public Records

Range of Values:

Collateral Analytics

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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
Boyden Jon M -- Longo & Associates Llp
Prince Joseph -- None Available
Delaware Realty Group Llc -- None Available
Walther Joseph L $26,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boyden Jon M $208,000
Previous Owner Prince Joseph $184,203
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2023 02/06/23 Rented $1,995 0.0% --
01/30/2023 01/30/23 Under Contract -- -- --
11/15/2022 11/15/22 Price Changed $1,995 -5.0% $2 / Sq Ft
10/19/2022 10/19/22 For Rent $2,100 -1.2% --
07/25/2022 07/25/22 Rented $2,125 0.0% --
07/25/2022 07/25/22 Under Contract -- -- --
07/25/2022 07/25/22 For Rent $2,125 0.0% --
06/01/2022 06/01/22 Sold $270,000 +8.4% $141 / Sq Ft
04/23/2022 04/23/22 Pending -- -- --
04/19/2022 04/19/22 For Sale $249,000 +31.1% $130 / Sq Ft
08/29/2019 08/29/19 Sold $189,900 0.0% $99 / Sq Ft
07/19/2019 07/19/19 Pending -- -- --
07/17/2019 07/17/19 For Sale $189,900 -- $99 / Sq Ft

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 $1,376 $42,600 $6,600 $36,000
2023 $1,249 $42,600 $6,600 $36,000
2022 $1,263 $42,600 $6,600 $36,000
2021 $1,261 $42,600 $6,600 $36,000
2020 $1,263 $42,600 $6,600 $36,000
2019 $2,120 $42,600 $6,600 $36,000
2018 $535 $42,600 $6,600 $36,000
2017 $1,399 $42,600 $6,600 $36,000
2016 $1,399 $42,600 $6,600 $36,000
2015 $1,321 $42,600 $6,600 $36,000
2014 $1,321 $42,600 $6,600 $36,000
Source: Public Records

Agents Affiliated with this Home

  • Daniel Mawn

    Seller's Agent in 2023

    Daniel Mawn

    RE/MAX

    (302) 354-4429

    54 Total Sales

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  • Sumeet Malik

    Seller's Agent in 2022

    Sumeet Malik

    Compass

    (302) 290-2933

    1 in this area

    201 Total Sales

    Sumeet Malik
    Section Image
  • Robert 'Bob' Blackhurst

    Seller Co-Listing Agent in 2022

    Robert 'Bob' Blackhurst

    Compass

    (302) 723-3770

    1 in this area

    226 Total Sales

    Robert 'Bob' Blackhurst
    Section Image

  • D

    Buyer's Agent in 2022

    Deneen Tickles

    Keller Williams Realty Wilmington

    1 in this area

    7 Total Sales

    Deneen Tickles
    Section Image
  • Raymond Petkevis

    Seller's Agent in 2019

    Raymond Petkevis

    Keller Williams Delaware

    (302) 685-4042

    161 Total Sales

    Raymond Petkevis
    Section Image
  • Brooke May-Lynch

    Buyer's Agent in 2019

    Brooke May-Lynch

    Keller Williams Real Estate - Media

    (610) 500-9516

    2 in this area

    305 Total Sales

    Brooke May-Lynch
    Section Image
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Map

Delaware New Castle County Wilmington 19802 Northwest Wilmington

508 W 40th St, Wilmington, DE

This home is located at 508 W 40th St, Wilmington, DE 19802 and is currently estimated at $272,075, approximately $213 per square foot. 508 W 40th St is a home located in New Castle County with nearby schools including Harlan (David W. ) Elementary School, Pierre S. Dupont Middle School, and Mount Pleasant High School.

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