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3202 Madison St

Wilmington, DE 19802

3 bd 1 ba 1,275 sqft Built 1929 Lot 2,178 sqft multi_family
Most recent sale
$95,000
Mar 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 21, 2022 Price changed $270,000 MLS #DENC2030200
Oct 17, 2022 Price changed $275,000 MLS #DENC2030200
Oct 13, 2022 Price changed $285,000 MLS #DENC2030200
Sep 12, 2022 Price changed $295,000 MLS #DENC2030200
Aug 26, 2022 Listed $325,000 MLS #DENC2030200
Mar 17, 2022 Sold $95,000 Public Record
Apr 30, 2008 Sold $110,000 MLS #5137031
Sep 24, 2007 Listed $135,000 MLS #5137031

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $200,300 $45,000 $245,300 $1,230
2023 $32,000 $6,100 $38,100 $1,117
2022 $32,000 $6,100 $38,100 $1,129
2021 $32,000 $6,100 $38,100 $1,128
2020 $32,000 $6,100 $38,100 $1,130
2019 $32,000 $6,100 $38,100 $1,136
2018 $32,000 $6,100 $38,100 $1,093
2017 $32,000 $6,100 $38,100 $1,085
2016 $32,000 $6,100 $38,100 $1,084
2015 $32,000 $6,100 $38,100 $984
2014 $32,000 $6,100 $38,100 $983
2013 $32,000 $6,100 $38,100 $980
2012 $32,000 $6,100 $38,100 $953
2011 $32,000 $6,100 $38,100 $847
2010 $32,000 $6,100 $38,100 $1,517
2009 $32,000 $6,100 $38,100 $1,458
2008 $32,000 $6,100 $38,100 $811

Property facts

Year built
1929
Property type
multi_family
Stories
2
Beds
3
Baths
1
Living area
1,275 sqft
Lot size
2,178 sqft
ZIP code
19802
City
Wilmington
Street
Madison St
Coordinates
39.76146, -75.53315

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
$570
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 3202 Madison St last sell?
3202 Madison St most recently sold on Mar 17, 2022 for $95,000.
What is the current tax assessment for 3202 Madison St?
The most recent total assessment for 3202 Madison St (year 2024) is $245,300 with $1,230 in property tax.
How does 3202 Madison St's assessment compare to its last sale price?
The current assessment is 158.2% above the last sale price of $95,000.
When was 3202 Madison St built?
3202 Madison St was built in 1929.
How does 3202 Madison St compare to others on Madison St?
We track 8 other properties on Madison St. Browse the list under "Other properties on Madison St" to compare beds, baths, and sale history.
What are the property facts for 3202 Madison St?
3202 Madison St is a 3 bed, 1 bath, 1,275 sqft, 2,178 sqft lot multi_family.
Is 3202 Madison St a flip candidate?
No — 3202 Madison St does not appear in our flips dataset.
Is 3202 Madison St a tax-appeal candidate?
Yes — 3202 Madison 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
+1.8%
Implied 1-yr
+7.2%
2026 Q2
$265.1K
2026 Q3
$269.4K
ZIP 19802 — Median Price History + Forecast

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