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1240 E 16th St; Wilmington, DE Property Details

1240 E 16th St, Wilmington, DE is a Warehouse that was built in 1949. This property is currently a cash purchase and is not for sale. Our records show that 1240 E 16th St has a total of 8,560 square feet. The lot size of 1240 E 16th St is 16,117 square feet.

Off market
1240 E 16th St Wilmington, DE 19802
$617,000 Estimated Value
8,560 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1949
  • Purchase Price: $270,000
  • APN: 26-037.10-093
  • Situs County: New Castle
  • Length Of Ownership: 5 years, 7 months

Structure

  • Building Style: Concrete
  • Stories: 1
  • Exterior Wall Type: Concrete Block
  • Building Condition: Average
  • Building Quality: C

Measurements

  • Total: 8,560/SqFt
  • Lot: 16,117/SqFt
  • Gross: 8,560/SqFt
  • Living: 8,560/SqFt
  • Building: 8,560/SqFt
  • Ground: 8,560/SqFt
  • Price Per Square Foot: $31.54

Legal Description

  • Description: LEGAL-BEG ON SWLY SIDE OF E 16TH ST AT 60 FT WIDE DISTANT SELY 340 FT MEASURED ALONG SAID SWLY SIDE OF E 16TH ST FROM INTERSECTION THEREOF WITH SELY SIDE OF CLAYMONT ST AT 60 FT WIDE
Building Insights

Land Information

  • Property Type: Warehouse
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Christina School District
  • Lat / Lon: 39.74397 / -75.5302
  • Subdivision: Wilmington
  • Property Class: Industrial
  • Zoning: 26M-1
  • County Use Code: 430

Amenities

  • Plus Four: 5217
  • Heating: Yes

Ownership Info

1240 E 16th St has no associated ownership info
1240 E 16th St has no associated ownership info.

Taxes

1240 E 16th St has 7 associated Taxes items

1240 E 16th 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 $617,000. The APN we've located for 1240 E 16th St is 26-037.10-093.

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Taxes
  • Assessed Value:  $617,000
  • Assessed Year:  2025
  • Assessed County:  New Castle
  • APN:  26-037.10-093
  • Assessed Land Value:  219300
  • Tax Amount:  8245.16
  • Tax Year:  2025

Tax History

1240 E 16th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $617,000 Land Value $219,300 Improvement Value $397,700 Tax Amount $8,245.16 Change Rate +3.044679% Assessed CR Tax Rate +0.013363%
Year 2024 Assessed Value $55,300 Land Value $16,100 Improvement Value $39,200 Tax Amount $2,038.52 Change Rate +0.022183% Assessed CR Tax Rate +0.036863%
Year 2023 Assessed Value $55,300 Land Value $16,100 Improvement Value $39,200 Tax Amount $1,994.28 Change Rate +0.013776% Assessed CR Tax Rate +0.036063%
Year 2022 Assessed Value $55,300 Land Value $16,100 Improvement Value $39,200 Tax Amount $1,967.18 Change Rate Assessed CR Tax Rate +0.035573%
Year 2021 Assessed Value $55,300 Land Value $16,100 Improvement Value $39,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $55,300 Land Value $16,100 Improvement Value $39,200 Tax Amount $1,861.06 Change Rate +0.686904% Assessed CR Tax Rate +0.033654%
Year 2019 Assessed Value $55,300 Land Value $16,100 Improvement Value $39,200 Tax Amount $1,103.24 Change Rate +1.168616% Assessed CR Tax Rate +0.01995%
Year 2018 Assessed Value $55,300 Land Value $16,100 Improvement Value $39,200 Tax Amount $508.73 Change Rate Assessed CR Tax Rate +0.009199%
Year 2017 Assessed Value $55,300 Land Value $16,100 Improvement Value $39,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $55,300 Land Value $16,100 Improvement Value $39,200 Tax Amount $2,564.21 Change Rate +0.067522% Assessed CR Tax Rate +0.046369%
Year 2015 Assessed Value $55,300 Land Value $16,100 Improvement Value $39,200 Tax Amount $2,402.02 Change Rate +0.000396% Assessed CR Tax Rate +0.043436%
Year 2014 Assessed Value $55,300 Land Value $16,100 Improvement Value $39,200 Tax Amount $2,401.07 Change Rate Assessed CR Tax Rate +0.043419%