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517 Balsam Ter

Wilmington, DE 19804

5 bd 2 ba 1,948 sqft Built 1960 Lot 2,178 sqft townhomes
Most recent sale
$235,000
Dec 30, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 30, 2021 Sold $235,000 MLS #DENC527858
Oct 16, 2021 Price changed $250,000 MLS #DENC527858
Sep 30, 2021 Price changed $249,900 MLS #DENC527858
Sep 6, 2021 Price changed $259,000 MLS #DENC527858
Aug 10, 2021 Price changed $269,000 MLS #DENC527858
Jul 20, 2021 Price changed $279,000 MLS #DENC527858
Jun 19, 2021 Price changed $289,000 MLS #DENC527858
Jun 3, 2021 Listed $299,000 MLS #DENC527858
Jun 2, 2013 Listing removed $66,000 BrightMLS
May 7, 2013 Listed $66,000 MLS #6214783
Feb 3, 2012 Listing removed $149,900 BrightMLS
Nov 1, 2010 Price changed $149,900 MLS #5737207
Sep 28, 2010 Price changed $164,900 MLS #5737207
Jul 6, 2010 Listed $174,900 MLS #5737207

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $247,600 $56,900 $304,500 $1,980
2023 $44,500 $7,700 $52,200 $1,752
2022 $44,500 $7,700 $52,200 $1,764
2021 $44,500 $7,700 $52,200 $1,763
2019 $44,500 $7,700 $52,200 $1,763
2018 $44,500 $7,700 $52,200 $1,731
2017 $44,500 $7,700 $52,200 $1,711
2016 $44,500 $7,700 $52,200 $1,633
2013 $44,500 $7,700 $52,200 $1,399
2012 $44,500 $7,700 $52,200 $1,344
2011 $44,500 $7,700 $52,200 $252
2010 $44,500 $7,700 $52,200 $70
2009 $44,500 $7,700 $52,200 $57
2008 $44,500 $7,700 $52,200 $53
2007 $44,500 $7,700 $52,200 $49

Property facts

Year built
1960
Property type
townhomes
Stories
3
Beds
5
Baths
2
Living area
1,948 sqft
Lot size
2,178 sqft
ZIP code
19804
City
Wilmington
Street
Balsam Ter
Coordinates
39.71922, -75.61159

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,410
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 517 Balsam Ter last sell?
517 Balsam Ter most recently sold on Dec 30, 2021 for $235,000.
What is the current tax assessment for 517 Balsam Ter?
The most recent total assessment for 517 Balsam Ter (year 2024) is $304,500 with $1,980 in property tax.
How does 517 Balsam Ter's assessment compare to its last sale price?
The current assessment is 29.6% above the last sale price of $235,000.
When was 517 Balsam Ter built?
517 Balsam Ter was built in 1960.
How does 517 Balsam Ter compare to others on Balsam Ter?
We track 4 other properties on Balsam Ter. Browse the list under "Other properties on Balsam Ter" to compare beds, baths, and sale history.
What are the property facts for 517 Balsam Ter?
517 Balsam Ter is a 5 bed, 2 bath, 1,948 sqft, 2,178 sqft lot townhomes.
Is 517 Balsam Ter a flip candidate?
No — 517 Balsam Ter does not appear in our flips dataset.
Is 517 Balsam Ter a tax-appeal candidate?
Yes — 517 Balsam Ter 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
+0.4%
Implied 1-yr
+1.6%
2026 Q3
$364.3K
2026 Q4
$365.7K
ZIP 19804 — Median Price History + Forecast

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