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122 W 40th St; Wilmington, DE Property Details

122 W 40th St, Wilmington, DE is a Duplex 2 Units that was built in 1952. This property is not for sale. Our records show that 122 W 40th St has 3 bedrooms, and 1 bathroom, and a total of 1,245 square feet. The lot size of 122 W 40th St is 3,049 square feet.

Off market
122 W 40th St Wilmington, DE 19802
$246,800 Estimated Value
3 Beds
1 Baths
1,245 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1952
  • Purchase Price: $85,600
  • Open Loans / Balance: 1 / $45,195
  • Est. Equity / %: $198,805 / 81.48%
  • APN: 26-016.20-071
  • Situs County: New Castle
  • Length Of Ownership: 27 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

  • Floor Cover Type: Wood
  • Stories: 2
  • Exterior Wall Type: Brick
  • Interior Wall Type: Plaster
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Flat
  • Roof Cover Type: Wood

Measurements

  • Total: 1,245/SqFt
  • Lot: 3,049/SqFt
  • Gross: 1,245/SqFt
  • Living: 1,245/SqFt
  • Building: 1,245/SqFt
  • Ground: 645/SqFt
  • Price Per Square Foot: $68.76

Legal Description

  • Description: BEG ON SWLY SIDE OF 14TH ST AT DIS OF 58 FT & 8 1/8 IN MEASURED SELY ALONG SWLY SIDE OF 40TH ST
Building Insights

Land Information

  • Property Type: Duplex 2 Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Brandywine School District
  • Lat / Lon: 39.762173 / -75.52473
  • Subdivision: Wilmington
  • Property Class: Residential
  • Zoning: 26R-2
  • County Use Code: 011

Amenities

  • Plus Four: 2120
  • Bathroom Fixtures: 5
  • Garage: Underground/Basement
  • Heating: Forced air unit
  • Parking: 1

Ownership Info

122 W 40th St has no associated ownership info
122 W 40th St has no associated ownership info.

Taxes

122 W 40th St has 7 associated Taxes items

122 W 40th St, Wilmington, DE pays taxes in New Castle County, DE. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $246,800. The APN we've located for 122 W 40th St is 26-016.20-071.

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Taxes
  • Assessed Value:  $246,800
  • Assessed Year:  2025
  • Assessed County:  New Castle
  • APN:  26-016.20-071
  • Assessed Land Value:  47600
  • Tax Amount:  1583.72
  • Tax Year:  2025

Tax History

122 W 40th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $246,800 Land Value $47,600 Improvement Value $199,200 Tax Amount $1,583.72 Change Rate +0.256901% Assessed CR Tax Rate +0.006417%
Year 2024 Assessed Value $39,000 Land Value $7,200 Improvement Value $31,800 Tax Amount $1,260.02 Change Rate +0.10184% Assessed CR Tax Rate +0.032308%
Year 2023 Assessed Value $39,000 Land Value $7,200 Improvement Value $31,800 Tax Amount $1,143.56 Change Rate -0.011001% Assessed CR Tax Rate +0.029322%
Year 2022 Assessed Value $39,000 Land Value $7,200 Improvement Value $31,800 Tax Amount $1,156.28 Change Rate +0.001516% Assessed CR Tax Rate +0.029648%
Year 2021 Assessed Value $39,000 Land Value $7,200 Improvement Value $31,800 Tax Amount $1,154.53 Change Rate -0.001816% Assessed CR Tax Rate +0.029603%
Year 2020 Assessed Value $39,000 Land Value $7,200 Improvement Value $31,800 Tax Amount $1,156.63 Change Rate -0.40395% Assessed CR Tax Rate +0.029657%
Year 2019 Assessed Value $39,000 Land Value $7,200 Improvement Value $31,800 Tax Amount $1,940.49 Change Rate +242.16917% Assessed CR Tax Rate +0.049756%
Year 2018 Assessed Value $39,000 Land Value $7,200 Improvement Value $31,800 Tax Amount $7.98 Change Rate Assessed CR Tax Rate +0.000205%
Year 2017 Assessed Value $39,000 Land Value $7,200 Improvement Value $31,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $39,000 Land Value $7,200 Improvement Value $31,800 Tax Amount $1,833.16 Change Rate +0.062701% Assessed CR Tax Rate +0.047004%
Year 2015 Assessed Value $39,000 Land Value $7,200 Improvement Value $31,800 Tax Amount $1,725 Change Rate -0.002781% Assessed CR Tax Rate +0.044231%
Year 2014 Assessed Value $39,000 Land Value $7,200 Improvement Value $31,800 Tax Amount $1,729.81 Change Rate Assessed CR Tax Rate +0.044354%