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401 Lee Ter

Wilmington, DE 19803

4 bd 2 ba 1,675 sqft Built 1961 Lot 9,148 sqft single_family
Most recent sale
$340,000
Apr 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 18, 2022 Sold $272,000 Public Record
Apr 22, 2022 Sold $340,000 MLS #DENC2018676
Mar 17, 2022 Listed $339,900 MLS #DENC2018676

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $349,900 $73,200 $423,100 $2,538
2023 $53,800 $12,900 $66,700 $2,319
2022 $53,800 $12,900 $66,700 $1,447
2021 $53,800 $12,900 $66,700 $1,545
2020 $53,800 $12,900 $66,700 $1,546
2019 $53,800 $12,900 $66,700 $1,545
2018 $53,800 $12,900 $66,700 $1,468
2017 $53,800 $12,900 $66,700 $1,458
2016 $53,800 $12,900 $66,700 $1,356
2013 $53,800 $12,900 $66,700 $1,173
2012 $53,800 $12,900 $66,700 $1,126
2011 $53,800 $12,900 $66,700 $940
2010 $53,800 $12,900 $66,700 $446
2009 $53,800 $12,900 $66,700 $447
2008 $53,800 $12,900 $66,700 $417
2007 $53,800 $12,900 $66,700 $402

Property facts

Year built
1961
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,675 sqft
Lot size
9,148 sqft
ZIP code
19803
City
Wilmington
Street
Lee Ter
Coordinates
39.80830, -75.54312

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
$2,513
Gross rental yield
8.87%
Implied cap rate
5.77%
Trend-extrapolated value

Frequently asked questions

When did 401 Lee Ter last sell?
401 Lee Ter most recently sold on Apr 22, 2022 for $340,000.
What is the current tax assessment for 401 Lee Ter?
The most recent total assessment for 401 Lee Ter (year 2024) is $423,100 with $2,538 in property tax.
How does 401 Lee Ter's assessment compare to its last sale price?
The current assessment is 24.4% above the last sale price of $340,000.
When was 401 Lee Ter built?
401 Lee Ter was built in 1961.
How does 401 Lee Ter compare to others on Lee Ter?
We track 7 other properties on Lee Ter. Browse the list under "Other properties on Lee Ter" to compare beds, baths, and sale history.
What are the property facts for 401 Lee Ter?
401 Lee Ter is a 4 bed, 2 bath, 1,675 sqft, 9,148 sqft lot single_family.
Is 401 Lee Ter a flip candidate?
No — 401 Lee Ter does not appear in our flips dataset.
Is 401 Lee Ter a tax-appeal candidate?
Yes — 401 Lee 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
0.0%
Implied 1-yr
0.0%
2026 Q3
$693.9K
2026 Q4
$693.9K
ZIP 19803 — Median Price History + Forecast

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