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505 Shearman St; Wilmington, DE Property Details

505 Shearman St, Wilmington, DE is a Single Family that was built in 1900. This property is currently a cash purchase and is not for sale. Our records show that 505 Shearman St has 3 bedrooms, and 1 bathroom, and a total of 1,042 square feet. The lot size of 505 Shearman St is 871 square feet.

Off market
505 Shearman St Wilmington, DE 19801
$14,000 Listing Price
3 Beds
1 Baths
1,042 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1900
  • Purchase Price: $22,500
  • Est. Equity / %: $173,000 / 100%
  • Gross Yield: 9.982%
  • APN: 26-036.10-372
  • Situs County: New Castle
  • Length Of Ownership: 8 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: Fair
  • Building Quality: C
  • Roof Type: Flat
  • Roof Cover Type: Wood

Measurements

  • Total: 1,042/SqFt
  • Lot: 871/SqFt
  • Gross: 1,042/SqFt
  • Living: 1,042/SqFt
  • Building: 1,042/SqFt
  • Ground: 521/SqFt
  • Price Per Square Foot: $21.59

Legal Description

  • Description: BEG AT POINT ON NLY SIDE OF SHEARMAN ST AT DIS OF 112.111 FT ELY FROM ELY SIDE O
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Christina School District
  • Lat / Lon: 39.743874 / -75.5419
  • Subdivision: Wilmington
  • Property Class: Residential
  • Zoning: 26R-3
  • County Use Code: 011

Amenities

  • Plus Four: 4033
  • Bathroom Fixtures: 5
  • Heating: Forced air unit
  • Parking: 1

Ownership Info

505 Shearman St has no associated ownership info
505 Shearman St has no associated ownership info.

Taxes

505 Shearman St has 9 associated Taxes items

505 Shearman 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 $115,600. The APN we've located for 505 Shearman St is 26-036.10-372.

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Taxes
  • Assessed Value:  $115,600
  • Assessed Year:  2025
  • Assessed County:  New Castle
  • APN:  26-036.10-372
  • Assessed Land Value:  29500
  • Tax Amount:  973.42
  • Tax Year:  2025
  • Market Value:  102240
  • Market Year:  2024

Tax History

505 Shearman St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $115,600 Land Value $29,500 Improvement Value $86,100 Tax Amount $973.42 Change Rate +0.419704% Assessed CR Tax Rate +0.008421%
Year 2024 Assessed Value $18,600 Land Value $1,600 Improvement Value $17,000 Tax Amount $685.65 Change Rate +0.025777% Assessed CR Tax Rate +0.036863%
Year 2023 Assessed Value $18,600 Land Value $1,600 Improvement Value $17,000 Tax Amount $668.42 Change Rate +0.010217% Assessed CR Tax Rate +0.035937%
Year 2022 Assessed Value $18,600 Land Value $1,600 Improvement Value $17,000 Tax Amount $661.66 Change Rate +0.026402% Assessed CR Tax Rate +0.035573%
Year 2021 Assessed Value $18,600 Land Value $1,600 Improvement Value $17,000 Tax Amount $644.64 Change Rate +0.029826% Assessed CR Tax Rate +0.034658%
Year 2020 Assessed Value $18,600 Land Value $1,600 Improvement Value $17,000 Tax Amount $625.97 Change Rate -0.316261% Assessed CR Tax Rate +0.033654%
Year 2019 Assessed Value $18,600 Land Value $1,600 Improvement Value $17,000 Tax Amount $915.51 Change Rate -0.177595% Assessed CR Tax Rate +0.049221%
Year 2018 Assessed Value $18,600 Land Value $1,600 Improvement Value $17,000 Tax Amount $1,113.21 Change Rate Assessed CR Tax Rate +0.05985%
Year 2017 Assessed Value $18,600 Land Value $1,600 Improvement Value $17,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $18,600 Land Value $1,600 Improvement Value $17,000 Tax Amount $862.46 Change Rate +0.06752% Assessed CR Tax Rate +0.046369%
Year 2015 Assessed Value $18,600 Land Value $1,600 Improvement Value $17,000 Tax Amount $807.91 Change Rate +1.226015% Assessed CR Tax Rate +0.043436%
Year 2014 Assessed Value $18,600 Land Value $1,600 Improvement Value $17,000 Tax Amount $362.94 Change Rate Assessed CR Tax Rate +0.019513%