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1405 Drake Rd

Wilmington, DE 19803

4 bd 2 ba 2,350 sqft Built 1958 Lot 9,148 sqft single_family
Most recent sale
$322,000
Mar 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 15, 2022 Sold $322,000 MLS #DENC2017340
Feb 14, 2022 Price changed $322,000 MLS #DENC2017340
Feb 9, 2022 Listed $300,000 MLS #DENC2017340

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $340,800 $87,100 $427,900 $2,447
2023 $50,800 $13,500 $64,300 $2,236
2022 $50,800 $13,500 $64,300 $2,274
2021 $50,800 $13,500 $64,300 $1,860
2020 $50,800 $13,500 $64,300 $1,861
2019 $50,800 $13,500 $64,300 $1,860
2018 $50,800 $13,500 $64,300 $1,387
2017 $50,800 $13,500 $64,300 $1,378
2016 $50,800 $13,500 $64,300 $1,277
2015 $50,800 $13,500 $64,300 $1,107
2014 $50,800 $13,500 $64,300 $1,106
2013 $50,800 $13,500 $64,300 $1,100
2012 $50,800 $13,500 $64,300 $1,055
2011 $50,800 $13,500 $64,300 $875
2010 $50,800 $13,500 $64,300 $382
2009 $50,800 $13,500 $64,300 $383
2008 $50,800 $13,500 $64,300 $357
2007 $50,800 $13,500 $64,300 $344

Property facts

Year built
1958
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,350 sqft
Lot size
9,148 sqft
ZIP code
19803
City
Wilmington
Street
Drake Rd
Coordinates
39.79216, -75.49393

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,525
Gross rental yield
13.14%
Implied cap rate
8.54%
Trend-extrapolated value

Frequently asked questions

When did 1405 Drake Rd last sell?
1405 Drake Rd most recently sold on Mar 15, 2022 for $322,000.
What is the current tax assessment for 1405 Drake Rd?
The most recent total assessment for 1405 Drake Rd (year 2024) is $427,900 with $2,447 in property tax.
How does 1405 Drake Rd's assessment compare to its last sale price?
The current assessment is 32.9% above the last sale price of $322,000.
When was 1405 Drake Rd built?
1405 Drake Rd was built in 1958.
How does 1405 Drake Rd compare to others on Drake Rd?
We track 2 other properties on Drake Rd. Browse the list under "Other properties on Drake Rd" to compare beds, baths, and sale history.
What are the property facts for 1405 Drake Rd?
1405 Drake Rd is a 4 bed, 2 bath, 2,350 sqft, 9,148 sqft lot single_family.
Is 1405 Drake Rd a flip candidate?
No — 1405 Drake Rd does not appear in our flips dataset.
Is 1405 Drake Rd a tax-appeal candidate?
Yes — 1405 Drake Rd 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
0.0%
Implied 1-yr
0.0%
2026 Q3
$693.9K
2026 Q4
$693.9K
ZIP 19803 — Median Price History + Forecast

Explore nearby

Other properties on Drake Rd