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5 Timber Ln

Wilmington, DE 19803

3 bd 4 ba 2,350 sqft Built 2023 Lot 40,511 sqft single_family
Most recent sale
$425,000
Jun 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 22, 2023 Sold $725,055 BrightMLS
Sep 29, 2022 Listed $599,900 MLS #DENC2032232
Jun 13, 2022 Sold $425,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $448,100 $132,400 $580,500 $4,319
2023 $13,300 $13,300 $462
2022 $13,300 $13,300 $470
2021 $13,300 $13,300 $470
2020 $13,300 $13,300 $471
2019 $13,300 $13,300 $470
2018 $13,300 $13,300 $450
2017 $13,300 $13,300 $443
2016 $13,300 $13,300 $442
2015 $13,300 $13,300 $407
2014 $13,300 $13,300 $407
2013 $13,300 $13,300 $405
2012 $13,300 $13,300 $396
2011 $13,300 $13,300 $337
2010 $13,300 $13,300 $355
2009 $13,300 $13,300 $356
2008 $13,300 $13,300 $332
2007 $13,300 $13,300 $320

Property facts

Year built
2023
Property type
single_family
Stories
2
Beds
3
Baths
4
Living area
2,350 sqft
Lot size
40,511 sqft
ZIP code
19803
City
Wilmington
Street
Timber Ln
Coordinates
39.77999, -75.50943

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
$3,525
Gross rental yield
9.95%
Implied cap rate
6.47%
Trend-extrapolated value

Frequently asked questions

When did 5 Timber Ln last sell?
5 Timber Ln most recently sold on Jun 13, 2022 for $425,000.
What is the current tax assessment for 5 Timber Ln?
The most recent total assessment for 5 Timber Ln (year 2024) is $580,500 with $4,319 in property tax.
How does 5 Timber Ln's assessment compare to its last sale price?
The current assessment is 36.6% above the last sale price of $425,000.
When was 5 Timber Ln built?
5 Timber Ln was built in 2023.
How does 5 Timber Ln compare to others on Timber Ln?
We track 5 other properties on Timber Ln. Browse the list under "Other properties on Timber Ln" to compare beds, baths, and sale history.
What are the property facts for 5 Timber Ln?
5 Timber Ln is a 3 bed, 4 bath, 2,350 sqft, 40,511 sqft lot single_family.
Is 5 Timber Ln a flip candidate?
Yes — 5 Timber Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5 Timber Ln a tax-appeal candidate?
No — 5 Timber 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
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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