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127 Falcon Ln

Wilmington, DE 19808

4 bd 3 ba 3,200 sqft Built 1984 Lot 6,534 sqft townhomes
Most recent sale
$402,000
Dec 9, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 9, 2021 Sold $402,000 MLS #DENC2006660
Sep 28, 2021 Price changed $400,000 MLS #DENC2006660
Sep 22, 2021 Listed $449,900 MLS #DENC2006660
Sep 5, 2002 Sold $239,900 MLS #4094640
May 17, 2002 Listed $239,900 MLS #4094640
Dec 27, 1994 Sold $170,000 Public Record
Sep 1, 1992 Sold $184,900 Public Record
Dec 1, 1985 Sold $155,000 Public Record
May 1, 1984 Sold $135,220 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $411,400 $88,200 $499,600 $4,593
2023 $92,700 $27,200 $119,900 $4,073
2022 $92,700 $27,200 $119,900 $4,096
2021 $92,700 $27,200 $119,900 $3,276
2020 $92,700 $27,200 $119,900 $3,278
2019 $92,700 $27,200 $119,900 $3,275
2018 $92,700 $27,200 $119,900 $3,233
2017 $92,700 $27,200 $119,900 $3,212
2016 $92,700 $27,200 $119,900 $2,919
2015 $92,700 $27,200 $119,900 $2,691
2014 $92,700 $27,200 $119,900 $2,438
2013 $92,700 $27,200 $119,900 $2,379
2012 $92,700 $27,200 $119,900 $2,255
2011 $92,700 $27,200 $119,900 $2,289
2010 $92,700 $27,200 $119,900 $2,460
2009 $92,700 $27,200 $119,900 $1,826
2008 $92,700 $27,200 $119,900 $1,698
2007 $92,700 $27,200 $119,900 $1,581

Property facts

Year built
1984
Property type
townhomes
Stories
3
Beds
4
Baths
3
Living area
3,200 sqft
Lot size
6,534 sqft
ZIP code
19808
City
Wilmington
Street
Falcon Ln
Coordinates
39.75071, -75.68361

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
$4,800
Gross rental yield
14.33%
Implied cap rate
9.31%
Trend-extrapolated value

Frequently asked questions

When did 127 Falcon Ln last sell?
127 Falcon Ln most recently sold on Dec 9, 2021 for $402,000.
What is the current tax assessment for 127 Falcon Ln?
The most recent total assessment for 127 Falcon Ln (year 2024) is $499,600 with $4,593 in property tax.
How does 127 Falcon Ln's assessment compare to its last sale price?
The current assessment is 24.3% above the last sale price of $402,000.
When was 127 Falcon Ln built?
127 Falcon Ln was built in 1984.
How does 127 Falcon Ln compare to others on Falcon Ln?
We track 8 other properties on Falcon Ln. Browse the list under "Other properties on Falcon Ln" to compare beds, baths, and sale history.
What are the property facts for 127 Falcon Ln?
127 Falcon Ln is a 4 bed, 3 bath, 3,200 sqft, 6,534 sqft lot townhomes.
Is 127 Falcon Ln a flip candidate?
No — 127 Falcon Ln does not appear in our flips dataset.
Is 127 Falcon Ln a tax-appeal candidate?
Yes — 127 Falcon Ln 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
+3.1%
Implied 1-yr
+12.5%
2026 Q3
$435.9K
2026 Q4
$447.2K
ZIP 19808 — Median Price History + Forecast

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