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407 Marion Ave

Wilmington, DE 19809

3 bd 2 ba 1,675 sqft Built 1923 Lot 7,405 sqft single_family
Most recent sale
$240,000
Oct 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 7, 2022 Sold $240,000 Public Record
Aug 8, 2022 Price changed $309,999 MLS #DENC2025010
Jul 7, 2022 Price changed $329,900 MLS #DENC2025010
Jun 8, 2022 Listed $340,000 MLS #DENC2025010

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $331,000 $71,100 $402,100 $1,732
2023 $37,600 $8,100 $45,700 $1,584
2022 $37,600 $8,100 $45,700 $1,611
2021 $37,600 $8,100 $45,700 $838
2019 $37,600 $8,100 $45,700 $1,015
2018 $43,600 $8,100 $51,700 $961
2017 $43,600 $8,100 $51,700 $958
2016 $43,600 $8,100 $51,700 $857
2013 $43,600 $8,100 $51,700 $716
2012 $43,600 $8,100 $51,700 $680
2011 $43,600 $8,100 $51,700 $560
2010 $43,600 $8,100 $51,700 $48
2009 $43,600 $8,100 $51,700 $48
2008 $43,600 $8,100 $51,700 $38
2007 $43,600 $8,100 $51,700 $36

Property facts

Year built
1923
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,675 sqft
Lot size
7,405 sqft
ZIP code
19809
City
Wilmington
Street
Marion Ave
Coordinates
39.76715, -75.50084

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
12.57%
Implied cap rate
8.17%
Trend-extrapolated value

Frequently asked questions

When did 407 Marion Ave last sell?
407 Marion Ave most recently sold on Oct 7, 2022 for $240,000.
What is the current tax assessment for 407 Marion Ave?
The most recent total assessment for 407 Marion Ave (year 2024) is $402,100 with $1,732 in property tax.
How does 407 Marion Ave's assessment compare to its last sale price?
The current assessment is 67.5% above the last sale price of $240,000.
When was 407 Marion Ave built?
407 Marion Ave was built in 1923.
How does 407 Marion Ave compare to others on Marion Ave?
We track 8 other properties on Marion Ave. Browse the list under "Other properties on Marion Ave" to compare beds, baths, and sale history.
What are the property facts for 407 Marion Ave?
407 Marion Ave is a 3 bed, 2 bath, 1,675 sqft, 7,405 sqft lot single_family.
Is 407 Marion Ave a flip candidate?
No — 407 Marion Ave does not appear in our flips dataset.
Is 407 Marion Ave a tax-appeal candidate?
Yes — 407 Marion Ave 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
-3.4%
Implied 1-yr
-13.5%
2026 Q3
$177.2K
2026 Q4
$169.6K
ZIP 19809 — Median Price History + Forecast

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