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1605 Mount Salem Ln

Wilmington, DE 19806

4 bd 3 ba 3,288 sqft Built 1900 Lot 9,583 sqft townhomes
Most recent sale
$595,000
May 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 24, 2022 Sold $595,000 MLS #DENC2004738
Feb 17, 2022 Listed $595,000 MLS #DENC2004738
Jan 1, 1983 Sold $75,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $473,400 $118,600 $592,000 $3,304
2023 $85,500 $20,400 $105,900 $2,871
2022 $85,500 $20,400 $105,900 $2,885
2021 $85,500 $20,400 $105,900 $2,880
2020 $85,500 $20,400 $105,900 $2,897
2019 $85,500 $20,400 $105,900 $2,912
2018 $85,500 $20,400 $105,900 $2,883
2017 $85,500 $20,400 $105,900 $2,878
2016 $85,500 $20,400 $105,900 $2,728
2015 $85,500 $20,400 $105,900 $2,523
2014 $85,500 $20,400 $105,900 $2,296
2013 $85,500 $20,400 $105,900 $2,261
2012 $85,500 $20,400 $105,900 $2,145
2011 $85,500 $20,400 $105,900 $2,167
2010 $85,500 $20,400 $105,900 $4,079
2009 $85,500 $20,400 $105,900 $3,899
2008 $85,500 $20,400 $105,900 $2,099
2007 $85,500 $20,400 $105,900 $1,949

Property facts

Year built
1900
Property type
townhomes
Stories
3
Beds
4
Baths
3
Living area
3,288 sqft
Lot size
9,583 sqft
ZIP code
19806
City
Wilmington
Street
Mount Salem Ln
Coordinates
39.76342, -75.57619

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,932
Gross rental yield
9.95%
Implied cap rate
6.47%
Trend-extrapolated value

Frequently asked questions

When did 1605 Mount Salem Ln last sell?
1605 Mount Salem Ln most recently sold on May 24, 2022 for $595,000.
What is the current tax assessment for 1605 Mount Salem Ln?
The most recent total assessment for 1605 Mount Salem Ln (year 2024) is $592,000 with $3,304 in property tax.
How does 1605 Mount Salem Ln's assessment compare to its last sale price?
The current assessment is 0.5% below the last sale price of $595,000.
When was 1605 Mount Salem Ln built?
1605 Mount Salem Ln was built in 1900.
How does 1605 Mount Salem Ln compare to others on Mount Salem Ln?
We track 5 other properties on Mount Salem Ln. Browse the list under "Other properties on Mount Salem Ln" to compare beds, baths, and sale history.
What are the property facts for 1605 Mount Salem Ln?
1605 Mount Salem Ln is a 4 bed, 3 bath, 3,288 sqft, 9,583 sqft lot townhomes.
Is 1605 Mount Salem Ln a flip candidate?
No — 1605 Mount Salem Ln does not appear in our flips dataset.
Is 1605 Mount Salem Ln a tax-appeal candidate?
No — 1605 Mount Salem Ln is not currently flagged as a tax-appeal candidate.

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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