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502 W 40th St; Wilmington, DE Property Details

502 W 40th St, Wilmington, DE is a Duplex 2 Units that was built in 1955. This property is not for sale. Our records show that 502 W 40th St has 3 bedrooms, and 1.5 bathrooms, and a total of 1,280 square feet. The lot size of 502 W 40th St is 2,178 square feet.

Off market
502 W 40th St Wilmington, DE 19802
$240,400 Estimated Value
3 Beds
1.5 Baths
1,280 SqFt
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1955
  • Est. Equity / %: $254,000 / 100%
  • APN: 26-009.30-207
  • Situs County: New Castle

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 6
  • Partial Bathrooms: 1

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: Asphalt

Measurements

  • Total: 1,280/SqFt
  • Lot: 2,178/SqFt
  • Gross: 1,280/SqFt
  • Living: 1,280/SqFt
  • Building: 1,280/SqFt
  • Ground: 640/SqFt
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: 39.765125 / -75.52714
  • Subdivision: Wilmington
  • Property Class: Residential
  • Zoning: 26R-2
  • County Use Code: 011

Amenities

  • Plus Four: 2128
  • Bathroom Fixtures: 7
  • Garage: Underground/Basement
  • Heating: Forced air unit
  • Parking: 1

Ownership Info

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

Taxes

502 W 40th St has 5 associated Taxes items

502 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 $240,400. The APN we've located for 502 W 40th St is 26-009.30-207.

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Taxes
  • Assessed Value:  $240,400
  • Assessed Year:  2025
  • Assessed County:  New Castle
  • APN:  26-009.30-207
  • Assessed Land Value:  47600

Tax History

502 W 40th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $240,400 Land Value $47,600 Improvement Value $192,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $42,600 Land Value $6,600 Improvement Value $36,000 Tax Amount $195.12 Change Rate +0.100383% Assessed CR Tax Rate +0.00458%
Year 2023 Assessed Value $42,600 Land Value $6,600 Improvement Value $36,000 Tax Amount $177.32 Change Rate -0.013354% Assessed CR Tax Rate +0.004162%
Year 2022 Assessed Value $42,600 Land Value $6,600 Improvement Value $36,000 Tax Amount $179.72 Change Rate +0.002622% Assessed CR Tax Rate +0.004219%
Year 2021 Assessed Value $42,600 Land Value $6,600 Improvement Value $36,000 Tax Amount $179.25 Change Rate -0.003225% Assessed CR Tax Rate +0.004208%
Year 2020 Assessed Value $42,600 Land Value $6,600 Improvement Value $36,000 Tax Amount $179.83 Change Rate -0.825624% Assessed CR Tax Rate +0.004221%
Year 2019 Assessed Value $42,600 Land Value $6,600 Improvement Value $36,000 Tax Amount $1,031.28 Change Rate -0.215584% Assessed CR Tax Rate +0.024208%
Year 2018 Assessed Value $42,600 Land Value $6,600 Improvement Value $36,000 Tax Amount $1,314.71 Change Rate Assessed CR Tax Rate +0.030862%
Year 2017 Assessed Value $42,600 Land Value $6,600 Improvement Value $36,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $42,600 Land Value $6,600 Improvement Value $36,000 Tax Amount $2,002.37 Change Rate +0.059343% Assessed CR Tax Rate +0.047004%
Year 2015 Assessed Value $42,600 Land Value $6,600 Improvement Value $36,000 Tax Amount $1,890.2 Change Rate +0.000381% Assessed CR Tax Rate +0.044371%
Year 2014 Assessed Value $42,600 Land Value $6,600 Improvement Value $36,000 Tax Amount $1,889.48 Change Rate Assessed CR Tax Rate +0.044354%