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509 22nd St

Wilmington, DE 19802

3 bd 2 ba 1,450 sqft Built 1917 Lot 1,742 sqft multi_family
Most recent sale
$188,000
Aug 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 1, 2022 Sold $188,000 Public Record
May 3, 2022 Listed $240,000 MLS #DENC2022462
Sep 11, 2019 Sold $185,000 Public Record
Feb 13, 2019 Sold $63,100 MLS #DENC318030
Jan 18, 2019 Listed $55,000 MLS #DENC318030

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $215,200 $50,700 $265,900 $982
2023 $26,900 $4,600 $31,500 $854
2022 $26,900 $4,600 $31,500 $858
2021 $26,900 $4,600 $31,500 $857
2020 $26,900 $4,600 $31,500 $862
2019 $26,900 $4,600 $31,500 $866
2018 $26,900 $4,600 $31,500 $858
2017 $26,900 $4,600 $31,500 $856
2016 $26,900 $4,600 $31,500 $1,479
2015 $26,900 $4,600 $31,500 $751
2014 $26,900 $4,600 $31,500 $683
2013 $26,900 $4,600 $31,500 $672
2012 $26,900 $4,600 $31,500 $638
2011 $26,900 $4,600 $31,500 $645
2010 $26,900 $4,600 $31,500 $1,213
2009 $26,900 $4,600 $31,500 $1,160
2008 $26,900 $4,600 $31,500 $624
2007 $26,900 $4,600 $31,500 $579

Property facts

Year built
1917
Property type
multi_family
Stories
2
Beds
3
Baths
2
Living area
1,450 sqft
Lot size
1,742 sqft
ZIP code
19802
City
Wilmington
Street
22nd St
Coordinates
39.75754, -75.54336

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
$2,175
Gross rental yield
13.88%
Implied cap rate
9.02%
Trend-extrapolated value

Frequently asked questions

When did 509 22nd St last sell?
509 22nd St most recently sold on Aug 1, 2022 for $188,000.
What is the current tax assessment for 509 22nd St?
The most recent total assessment for 509 22nd St (year 2024) is $265,900 with $982 in property tax.
How does 509 22nd St's assessment compare to its last sale price?
The current assessment is 41.4% above the last sale price of $188,000.
When was 509 22nd St built?
509 22nd St was built in 1917.
How does 509 22nd St compare to others on 22nd St?
We track 8 other properties on 22nd St. Browse the list under "Other properties on 22nd St" to compare beds, baths, and sale history.
What are the property facts for 509 22nd St?
509 22nd St is a 3 bed, 2 bath, 1,450 sqft, 1,742 sqft lot multi_family.
Is 509 22nd St a flip candidate?
Yes — 509 22nd St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 509 22nd St a tax-appeal candidate?
Yes — 509 22nd St 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
+1.8%
Implied 1-yr
+7.2%
2026 Q2
$265.1K
2026 Q3
$269.4K
ZIP 19802 — Median Price History + Forecast

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