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513 Spring Lake Ave

Wilmington, DE 19809

4 bd 3 ba 2,500 sqft Built 1972 Lot 21,780 sqft single_family
Most recent sale
$603,000
Apr 12, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 12, 2024 Sold $603,000 BrightMLS
Mar 14, 2024 Listed $575,000 BrightMLS
Dec 28, 2017 Sold $341,000 BrightMLS
Nov 7, 2017 Listed $360,000 BrightMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $440,500 $82,700 $523,200 $3,744
2023 $78,800 $19,600 $98,400 $3,422
2022 $78,800 $19,600 $98,400 $3,480
2021 $78,800 $19,600 $98,400 $3,480
2020 $78,800 $19,600 $98,400 $3,481
2019 $78,800 $19,600 $98,400 $3,476
2018 $78,800 $19,600 $98,400 $3,327
2017 $78,800 $19,600 $98,400 $2,875
2016 $78,800 $19,600 $98,400 $2,773
2015 $78,800 $19,600 $98,400 $2,511
2013 $78,800 $19,600 $98,400 $2,499
2012 $78,800 $19,600 $98,400 $2,429
2011 $78,800 $19,600 $98,400 $2,152
2010 $78,800 $19,600 $98,400 $2,629
2009 $78,800 $19,600 $98,400 $2,635
2008 $78,800 $19,600 $98,400 $2,456
2007 $78,800 $19,600 $98,400 $2,372

Property facts

Year built
1972
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,500 sqft
Lot size
21,780 sqft
ZIP code
19809
City
Wilmington
Street
Spring Lake Ave
Coordinates
39.78598, -75.49137

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
$3,750
Gross rental yield
7.46%
Implied cap rate
4.85%
Trend-extrapolated value

Frequently asked questions

When did 513 Spring Lake Ave last sell?
513 Spring Lake Ave most recently sold on Apr 12, 2024 for $603,000.
What is the current tax assessment for 513 Spring Lake Ave?
The most recent total assessment for 513 Spring Lake Ave (year 2024) is $523,200 with $3,744 in property tax.
How does 513 Spring Lake Ave's assessment compare to its last sale price?
The current assessment is 13.2% below the last sale price of $603,000.
When was 513 Spring Lake Ave built?
513 Spring Lake Ave was built in 1972.
How does 513 Spring Lake Ave compare to others on Spring Lake Ave?
We track 2 other properties on Spring Lake Ave. Browse the list under "Other properties on Spring Lake Ave" to compare beds, baths, and sale history.
What are the property facts for 513 Spring Lake Ave?
513 Spring Lake Ave is a 4 bed, 3 bath, 2,500 sqft, 21,780 sqft lot single_family.
Is 513 Spring Lake Ave a flip candidate?
No — 513 Spring Lake Ave does not appear in our flips dataset.
Is 513 Spring Lake Ave a tax-appeal candidate?
No — 513 Spring Lake Ave 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
-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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