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305 Franklin Ave

New Castle, DE 19720

2 bd 1 ba 1,100 sqft Built 1979 Lot 8,712 sqft single_family
Most recent sale
$170,000
Dec 17, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 17, 2021 Sold $170,000 MLS #DENC2009858
Nov 3, 2021 Listed $170,000 MLS #DENC2009858
Oct 6, 2008 Sold $148,000 MLS #5405927
Aug 18, 2008 Listed $159,900 MLS #5405927

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $223,800 $51,600 $275,400 $1,266
2023 $28,200 $8,700 $36,900 $1,151
2022 $28,200 $8,700 $36,900 $1,199
2021 $28,200 $8,700 $36,900 $1,199
2020 $28,200 $8,700 $36,900 $1,206
2019 $28,200 $8,700 $36,900 $1,203
2018 $28,200 $8,700 $36,900 $1,183
2017 $28,200 $8,700 $36,900 $1,106
2016 $28,200 $8,700 $36,900 $990
2015 $28,200 $8,700 $36,900 $990
2014 $28,200 $8,700 $36,900 $990
2013 $28,200 $8,700 $36,900 $975
2012 $28,200 $8,700 $36,900 $835
2011 $28,200 $8,700 $36,900 $851
2010 $28,200 $8,700 $36,900 $1,069
2009 $28,200 $8,700 $36,900 $856
2008 $28,200 $8,700 $36,900 $814
2007 $28,200 $8,700 $36,900 $799

Property facts

Year built
1979
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,100 sqft
Lot size
8,712 sqft
ZIP code
19720
City
New Castle
Street
Franklin Ave
Coordinates
39.68980, -75.58773

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
$1,650
Gross rental yield
11.65%
Implied cap rate
7.57%
Trend-extrapolated value

Frequently asked questions

When did 305 Franklin Ave last sell?
305 Franklin Ave most recently sold on Dec 17, 2021 for $170,000.
What is the current tax assessment for 305 Franklin Ave?
The most recent total assessment for 305 Franklin Ave (year 2024) is $275,400 with $1,266 in property tax.
How does 305 Franklin Ave's assessment compare to its last sale price?
The current assessment is 62.0% above the last sale price of $170,000.
When was 305 Franklin Ave built?
305 Franklin Ave was built in 1979.
How does 305 Franklin Ave compare to others on Franklin Ave?
We track 8 other properties on Franklin Ave. Browse the list under "Other properties on Franklin Ave" to compare beds, baths, and sale history.
What are the property facts for 305 Franklin Ave?
305 Franklin Ave is a 2 bed, 1 bath, 1,100 sqft, 8,712 sqft lot single_family.
Is 305 Franklin Ave a flip candidate?
No — 305 Franklin Ave does not appear in our flips dataset.
Is 305 Franklin Ave a tax-appeal candidate?
Yes — 305 Franklin Ave 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
-1.2%
Implied 1-yr
-5.0%
2026 Q3
$273.6K
2026 Q4
$269.9K
ZIP 19720 — Median Price History + Forecast

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