602 Balsam Ter
Wilmington, DE 19804
4 bd 2 ba 1,175 sqft Built 1960 Lot 6,534 sqft single_family
Most recent sale
$275,000
May 5, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 5, 2022 | Sold | $275,000 | Public Record |
| Apr 4, 2022 | Price changed | $275,000 | MLS #DENC2020368 |
| Mar 31, 2022 | Listed | $270,000 | MLS #DENC2020368 |
| Dec 30, 2021 | Sold | $175,000 | MLS #DENC2010146 |
| Nov 9, 2021 | Listed | $199,900 | MLS #DENC2010146 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $187,800 | $56,900 | $244,700 | $1,900 |
| 2023 | $43,100 | $7,000 | $50,100 | $1,682 |
| 2022 | $43,100 | $7,000 | $50,100 | $1,693 |
| 2021 | $43,100 | $7,000 | $50,100 | $279 |
| 2020 | $43,100 | $7,000 | $50,100 | $279 |
| 2019 | $43,100 | $7,000 | $50,100 | $278 |
| 2018 | $43,100 | $7,000 | $50,100 | $278 |
| 2017 | $43,100 | $7,000 | $50,100 | $279 |
| 2016 | $43,100 | $7,000 | $50,100 | $263 |
| 2015 | $43,100 | $7,000 | $50,100 | $244 |
| 2013 | $43,100 | $7,000 | $50,100 | $219 |
| 2012 | $43,100 | $7,000 | $50,100 | $210 |
| 2011 | $43,100 | $7,000 | $50,100 | $215 |
| 2010 | $43,100 | $7,000 | $50,100 | $3 |
Property facts
Year built
1960
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,175 sqft
Lot size
6,534 sqft
ZIP code
19804
City
Wilmington
Street
Balsam Ter
Coordinates
39.71974, -75.61208
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,763
Gross rental yield
7.69%
Implied cap rate
5.00%
Trend-extrapolated value
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Frequently asked questions
When did 602 Balsam Ter last sell?
602 Balsam Ter most recently sold on May 5, 2022 for $275,000.
What is the current tax assessment for 602 Balsam Ter?
The most recent total assessment for 602 Balsam Ter (year 2024) is $244,700 with $1,900 in property tax.
How does 602 Balsam Ter's assessment compare to its last sale price?
The current assessment is 11.0% below the last sale price of $275,000.
When was 602 Balsam Ter built?
602 Balsam Ter was built in 1960.
How does 602 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 602 Balsam Ter?
602 Balsam Ter is a 4 bed, 2 bath, 1,175 sqft, 6,534 sqft lot single_family.
Is 602 Balsam Ter a flip candidate?
Yes — 602 Balsam Ter appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 602 Balsam Ter a tax-appeal candidate?
No — 602 Balsam Ter is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly 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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Geography
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