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516 Banyan Rd

Newark, DE 19713

3 bd 2 ba 1,325 sqft Built 1959 Lot 8,276 sqft single_family
Most recent sale
$286,000
Aug 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 26, 2022 Sold $286,000 MLS #DENC2027328
Jul 8, 2022 Listed $279,000 MLS #DENC2027328
Feb 26, 2014 Sold $185,900 Public Record
Nov 7, 2013 Price changed $185,900 MLS #6285865
Oct 23, 2013 Price changed $189,900 MLS #6285865
Sep 26, 2013 Listed $193,400 MLS #6285865
Apr 12, 2013 Sold $100,000 MLS #6188814
Mar 12, 2013 Listed $95,000 MLS #6188814

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $251,700 $59,100 $310,800 $1,975
2023 $37,100 $9,300 $46,400 $1,921
2022 $37,100 $9,300 $46,400 $1,917
2021 $37,100 $9,300 $46,400 $1,877
2020 $37,100 $9,300 $46,400 $1,828
2019 $37,100 $9,300 $46,400 $1,615
2018 $37,100 $9,300 $46,400 $1,573
2017 $37,100 $9,300 $46,400 $1,517
2016 $37,100 $9,300 $46,400 $1,514
2015 $37,100 $9,300 $46,400 $1,379
2014 $37,100 $9,300 $46,400 $1,278
2013 $37,100 $9,300 $46,400 $1,332
2012 $37,100 $9,300 $46,400 $161
2011 $37,100 $9,300 $46,400 $148

Property facts

Year built
1959
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,325 sqft
Lot size
8,276 sqft
ZIP code
19713
City
Newark
Street
Banyan Rd
Coordinates
39.67709, -75.71652

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
$1,988
Gross rental yield
8.34%
Implied cap rate
5.42%
Trend-extrapolated value

Frequently asked questions

When did 516 Banyan Rd last sell?
516 Banyan Rd most recently sold on Aug 26, 2022 for $286,000.
What is the current tax assessment for 516 Banyan Rd?
The most recent total assessment for 516 Banyan Rd (year 2024) is $310,800 with $1,975 in property tax.
How does 516 Banyan Rd's assessment compare to its last sale price?
The current assessment is 8.7% above the last sale price of $286,000.
When was 516 Banyan Rd built?
516 Banyan Rd was built in 1959.
How does 516 Banyan Rd compare to others on Banyan Rd?
We track 6 other properties on Banyan Rd. Browse the list under "Other properties on Banyan Rd" to compare beds, baths, and sale history.
What are the property facts for 516 Banyan Rd?
516 Banyan Rd is a 3 bed, 2 bath, 1,325 sqft, 8,276 sqft lot single_family.
Is 516 Banyan Rd a flip candidate?
No — 516 Banyan Rd does not appear in our flips dataset.
Is 516 Banyan Rd a tax-appeal candidate?
No — 516 Banyan Rd 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
+1.5%
Implied 1-yr
+6.1%
2026 Q3
$346.3K
2026 Q4
$351.1K
ZIP 19713 — Median Price History + Forecast

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