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508 West 40th Street

508 West 40th Street, Wilmington, DE 19802
Townhouse in Harlan
Sold Oct 01, 1975
$26,900
$208,000 by American Neighborhood Mortgage
Mortgage Due Jul 01, 2052
Local assessors in Wilmington, DE have categorized 508 West 40th Street as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 2,178 square feet. The linear feet between the front and back of the lot was measured at 900 ft and the front of the lot was measured at 250 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 508 West 40th Street has a total of 1,280 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage underground or in the basement for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a flat style roof that was made of asphalt. Lots of brick were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. The home's a forced air unit is the primary heating source. The property was last sold in Jan 1, 1970 for $26,900. That's $21.02 per sqft. 508 West 40th Street was last assessed in 2023. The total value of the property was assessed at $42,600. Specifically, the land the property is located on was valued at $6,600. While improvements on the property were assessed at a total of $36,000. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $1,249. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Duplex
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Shape Type: Flat
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 2,178
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,280
  • Gross Building Area: 1,280
  • Building Area: 1,280
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,280
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILMINGTON
  • Land Acres: 0.05
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way

Ownership

  • Current Owner : WALTHER JOSEPH L
  • Current Owner 2: WALTHER BEVERLY

Neighborhood

  • School District Name: Brandywine School District
  • School Tax School District: TRS1
  • Census Tract: 000200

Zoning

  • Zoning: 26R-2

Geography

  • Assessors Map Reference: 26-009
  • District: 26
  • Parcel: 26-009.30-210
  • Block: 1918
  • Lot: 20
  • Municipality: WILMINGTON CITY
  • Latitude: 39.7653
  • Longitude: -75.5273

    Address

  • Full Address: 508 W 40th St
  • Address - House Number: 508
  • Street Direction: W
  • Address - Street Name: 40th
  • Address - Suffix Type: St
  • State: DE
  • City Name: Wilmington
  • Carrier Code: C024
  • 4-Digit Zip Code: 2128
  • Zip Code: 19802

Valuation

    Tax

  • Total Area: 1,275
  • Tax Year: 2023
  • Tax Amount: $1,249
  • Tax Rate Code Area: LC04;TRS1

    Appraisal Valuation

  • Standard Deviation: 0.1155
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 87
  • Final Value: 245,765
  • High Value: 274,165
  • Low Value: 217,366

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $208,000
  • First Open Lien Mortgage Lender: AMERICAN NEIGHBORHOOD MORTGAGE
  • First Open Lien Mortgage Recording Date: Jul 13, 2022
  • First Open Lien Mortgage Loan Amount: $208,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,600
  • Assessed Land Value: $6,600
  • Assessed Improvements Value: $36,000

    Sales

  • Current Sale Recording Date: Oct 01, 1975
  • Current Sale Transaction ID: 1677562362
  • Current Sale Price: $26,900
  • Current Sale Document Type: Deed

About Harlan



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$2,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,544 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 508 West 40th Street located in?
The 508 West 40th Street is a townhouse located in the neighborhood of Harlan in Harlan, Wilmington.
What is the average sales price for listings in 508 West 40th Street?
The average sales price for units in 508 West 40th Street is $0 currently.

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