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1508 Franklin St

Wilmington, DE 19806

3 bd 1 ba 1,275 sqft Built 1920 Lot 1,307 sqft townhomes
Most recent sale
$308,000
Sep 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 22, 2022 Sold $308,000 Public Record
Aug 12, 2022 Listed $340,000 MLS #DENC2029446
Mar 15, 2021 Sold $252,000 Public Record
Jan 21, 2021 Listed $309,900 MLS #DENC519168
Apr 7, 2015 Sold $289,900 MLS #6514934
Feb 3, 2015 Listed $289,900 MLS #6514934
Feb 8, 2012 Listing removed $367,500 BrightMLS
Aug 31, 2007 Sold $305,000 MLS #4876519
Jan 26, 2007 Listed $305,000 MLS #4876519
Oct 26, 2006 Listed for rent $349,900 BrightMLS
Oct 26, 2006 Listed $349,900 MLS #4838168
Jun 24, 2006 Listed $367,500 MLS #4760408
Apr 9, 2006 Listed $369,900 MLS #4709018
Jul 26, 2002 Sold $185,000 MLS #4078572
May 9, 2002 Listed $185,000 MLS #4078572
Oct 2, 1997 Sold $122,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $339,500 $74,900 $414,400 $1,488
2023 $37,300 $10,400 $47,700 $1,293
2022 $37,300 $10,400 $47,700 $1,299
2021 $37,300 $10,400 $47,700 $1,297
2020 $37,300 $10,400 $47,700 $1,305
2019 $37,300 $10,400 $47,700 $1,312
2018 $37,300 $10,400 $47,700 $1,299
2017 $37,300 $10,400 $47,700 $1,296
2016 $37,300 $10,400 $47,700 $1,229
2015 $37,300 $10,400 $47,700 $1,137
2014 $37,300 $10,400 $47,700 $1,034
2013 $37,300 $10,400 $47,700 $1,018
2012 $37,300 $10,400 $47,700 $966
2011 $37,300 $10,400 $47,700 $976
2010 $37,300 $10,400 $47,700 $1,837
2009 $37,300 $10,400 $47,700 $1,756
2008 $37,300 $10,400 $47,700 $945
2007 $37,300 $10,400 $47,700 $878

Property facts

Year built
1920
Property type
townhomes
Stories
2
Beds
3
Baths
1
Living area
1,275 sqft
Lot size
1,307 sqft
ZIP code
19806
City
Wilmington
Street
Franklin St
Coordinates
39.75479, -75.55613

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,913
Gross rental yield
7.45%
Implied cap rate
4.84%
Trend-extrapolated value

Frequently asked questions

When did 1508 Franklin St last sell?
1508 Franklin St most recently sold on Sep 22, 2022 for $308,000.
What is the current tax assessment for 1508 Franklin St?
The most recent total assessment for 1508 Franklin St (year 2024) is $414,400 with $1,488 in property tax.
How does 1508 Franklin St's assessment compare to its last sale price?
The current assessment is 34.5% above the last sale price of $308,000.
When was 1508 Franklin St built?
1508 Franklin St was built in 1920.
How does 1508 Franklin St compare to others on Franklin St?
We track 8 other properties on Franklin St. Browse the list under "Other properties on Franklin St" to compare beds, baths, and sale history.
What are the property facts for 1508 Franklin St?
1508 Franklin St is a 3 bed, 1 bath, 1,275 sqft, 1,307 sqft lot townhomes.
Is 1508 Franklin St a flip candidate?
Yes — 1508 Franklin St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1508 Franklin St a tax-appeal candidate?
Yes — 1508 Franklin 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
-6.0%
Implied 1-yr
-24.0%
2026 Q2
$284.5K
2026 Q3
$256.5K
ZIP 19806 — Median Price History + Forecast

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