OFF MARKET

Off Market Aug 2022 for $180K

$256,010

Est. refi paymentEst. refi $257/mo

•

1,575

sq ft

513 Homestead Rd, Wilmington, DE 19805

About this home

Looking for a multi-family? Of course you are! Not much product available in this classification. Welcome to Alban Park! Located just on the outskirts of the City of Wilmington proper and nestled within close proximity to the Riverfront District of downtown. Homestead Rd. features an abundance of purposefully built multi-family buildings from a bygone era. Each building features two, 2 bedroom apartments with a common area basement space for storage as well as a two car garage and driveway out back. Each unit has separate electric, gas, and water so tenants pay everything. Walk in the split foyer hallway and go up to the first floor unit on your left. Great room entrance followed by open dining and kitchen space combination. Hallway leads to full bathroom and two sizable bedrooms with ample storage capacity on the rear of the unit. Upper floor unit is a mirror of this space. Currently, the main floor is occupied with long term tenant paying $800 on a month-to-month lease. Second floor unit is empty, features fresh cosmetics, so all you need to do is advertise and take applications. Expected rent could be in the $1,200 a month range. Excellent opportunity to purchase two for the price of one and get the cash flowing!

Multi-familyProperty Type

1960Year Built

3,049 sq ftLot Size

$163Est. Price/Sq.Ft.

2 spacesParking

Listed by Joseph P Hurley III • Pantano Real Estate Inc

•302-888-0300 (broker)

•paul@pantanorealestate.com (broker)

Bought with Manny Shah • Century 21 Gold Key Realty

•302-369-5397 (broker)

•newarkoffice@c21gk.com (broker)

Redfin checked: 4 minutes ago

•Source:BRIGHT MLS #DENC2022922

Redfin Estimate

$256,010

$76K since sold in August 2022$12K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 5.7% higher than the average sale price ($242K) of 6 comparable homes.

SOLD AUG 31, 2026
$175,000
A
3 beds2 baths1,500 sq ft
1519 Clayton Rd, Wilmington, DE 19805
SOLD JUN 15, 2026
$252,900
B
4 beds2 baths1,600 sq ft
2114 Seneca Rd, Wilmington, DE 19805
SOLD AUG 5, 2026
$265,000
C
3 beds1.5 baths1,450 sq ft
1100 Clayton Rd, Wilmington, DE 19805
SOLD AUG 3, 2026
$240,000
D
3 beds1.5 baths1,575 sq ft
1720 Beech St, Wilmington, DE 19805
SOLD FEB 6, 2026
$220,000
E
4 beds— baths1,600 sq ft
2112 Seneca Rd, Wilmington, DE 19805
SOLD AUG 27, 2026
$300,000
F
3 beds2 baths1,250 sq ft
1714 Beech St, Wilmington, DE 19805

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Earn from this home

Sell

$106,230

Est. take-home

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Refinance

Est. cash available

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Market trends in 19805, DE

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

101.0%

+1.6% MoM

Median sale price

$275K

$17K MoM

Avg. days on market

34d

7 days MoM

Recently sold homes

115

5 MoM

New listings for sale

$200,000
3 beds1.5 baths1,200 sq ft
920 N Dupont St, Wilmington, DE 19805
(302) 295-9430
EARLY ACCESS
$569,900
4 beds3 baths1,825 sq ft
722 Nottingham Rd, Wilmington, DE 19805
COMING SOON
$385,000
3 beds1.5 baths1,550 sq ft
103 Linden Ave, Wilmington, DE 19805
(302) 504-6147
$225,000
4 beds2.5 baths1,600 sq ft
403 N Rodney St, Wilmington, DE 19805
(302) 477-3900
$277,900
3 beds1 bath1,000 sq ft
2114 Lancaster Ave, Wilmington, DE 19805
(302) 504-6147
COMING SOON
$144,900
2 beds1 bath1,108 sq ft
200 S Harrison St, Wilmington, DE 19805
(302) 429-4500
COMING SOON
$259,900
3 beds1.5 baths1,100 sq ft
1815 Maple St, Wilmington, DE 19805
(302) 300-2300
$249,900
3 beds1.5 baths1,250 sq ft
1803 W 5th St, Wilmington, DE 19805
(302) 504-6147
$374,500
3 beds1 bath1,250 sq ft
1103 Wagoner Dr, Wilmington, DE 19805
(888) 543-4829
$150,000
3 beds1.5 baths1,000 sq ft
1217 Lancaster Ave, Wilmington, DE 19805
(302) 738-2300
See all

Provided by Redfin

Sale history for 513 Homestead Rd

Date

Event

Price

BRIGHT MLS #DENC2022922

Aug 9, 2022

Sold

$180,000

$114/sq ft

May 27, 2022

Contingent

—

May 18, 2022

Price Changed

$180,000

$114/sq ft

May 4, 2022

Listed

$220,000

$140/sq ft

BRIGHT MLS #1000322279

Aug 4, 2020

Listing Removed

—

Aug 4, 2020

Price Changed

$160,000

$102/sq ft

Oct 26, 2016

Listed

$89,900

$57/sq ft

BRIGHT MLS #1007450386

Mar 31, 2016

Listing Removed

—

Oct 12, 2015

Listed

$95,000

$60/sq ft

Public Records

Jul 29, 2010

Sold

$670,000

$425/sq ft

TREND #5705174

Jul 29, 2010

Sold

$67,000

$43/sq ft

Apr 22, 2010

Listed

$95,000

$60/sq ft

BRIGHT MLS #1004835904

Jul 29, 2010

Sold

$67,000

$43/sq ft

Jun 14, 2010

Listing Removed

—

Apr 22, 2010

Listed

$95,000

$60/sq ft

BRIGHT MLS #DENC114980

Dec 28, 2007

Sold

$120,000

$76/sq ft

Nov 27, 2007

Listing Removed

—

Aug 7, 2007

Listed

$120,000

$76/sq ft

Public Records

Aug 1, 1983

Sold

$39,000

$25/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$1,389 (−8.8%)

$42,100 + $116,200

$158,300

2024

$1,522 (−2.0%)

$42,100 + $116,200

$158,300

2023

$1,553 (+14.3%)

$7,100 + $34,100

$41,200

2022

$1,359 (−3.5%)

$7,100 + $34,100

$41,200

2021

$1,409 (−24.4%)

$7,100 + $34,100

$41,200

2020

$1,863 (+27.5%)

$7,100 + $34,100

$41,200

2019

$1,461 (+9.5%)

$7,100 + $34,100

$41,200

2018

$1,334 (+1.2%)

$7,100 + $34,100

$41,200

2017

$1,318 (+4.7%)

$7,100 + $34,100

$41,200

2016

$1,258 (+6.7%)

$7,100 + $34,100

$41,200

2015

$1,179 (+8.1%)

$7,100 + $34,100

$41,200

2014

$1,091 (+1.3%)

$7,100 + $34,100

$41,200

2013

$1,077 (+4.3%)

$7,100 + $34,100

$41,200

2012

$1,033

$7,100 + $34,100

$41,200

Tax history for 513 Homestead Rd

Year

Property tax

Land + Additions

Assessment*

2025

$1,389 (−8.8%)

$42,100 + $116,200

$158,300

2024

$1,522 (−2.0%)

$42,100 + $116,200

$158,300

2023

$1,553 (+14.3%)

$7,100 + $34,100

$41,200

2022

$1,359 (−3.5%)

$7,100 + $34,100

$41,200

2021

$1,409 (−24.4%)

$7,100 + $34,100

$41,200

2020

$1,863 (+27.5%)

$7,100 + $34,100

$41,200

2019

$1,461 (+9.5%)

$7,100 + $34,100

$41,200

2018

$1,334 (+1.2%)

$7,100 + $34,100

$41,200

2017

$1,318 (+4.7%)

$7,100 + $34,100

$41,200

2016

$1,258 (+6.7%)

$7,100 + $34,100

$41,200

2015

$1,179 (+8.1%)

$7,100 + $34,100

$41,200

2014

$1,091 (+1.3%)

$7,100 + $34,100

$41,200

2013

$1,077 (+4.3%)

$7,100 + $34,100

$41,200

2012

$1,033

$7,100 + $34,100

$41,200

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

20 ft.

Lot depth

150 ft.

Lot size

3,049 Sq. Ft.

Year renovated

—

Sq. Ft.

1,575

Year built

1960

Style

Multi-Family (2-4 Unit)

County

New Castle County

APN

0704320139

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 1, 2026.

Property details

Parking

Parking Information
# of Total Garage and Parking Spaces: 2
Off Street - # of Spaces: 2
Off Street, On Street

Interior

Interior Information
Appliances: Refrigerator, Stove, Water Heater
Flooring Type: Carpet, Luxury Vinyl Plank, Vinyl
Living Area Sq.Ft. Source: Assessor
Wall & Ceiling Types: Dry Wall

Basement Information
Basement: Yes
Front Entrance, Garage Access, Interior Access, Outside Entrance, Walkout Level, Unfinished

Multi Unit Information
# of Two Bedroom Units: 2
# of Vacant Units: 1
# of Units Leased: 1
# of Month To Month Units: 1
Other Units: Unit 1,Unit 2

Exterior

Property Information
Total Below Grade Sq. Ft.: 0
Improvement Assessed Value: $34,100
Ownership Interest: Fee Simple
Property Condition: Good
Year Built Source: Assessor
Year Major Reno/Remodel: 2022

Building Information
# of Units (Total): 2
Construction Materials: Brick, Asbestos
Foundation Details: Block
Other Structures: Above Grade, Below Grade
Roof: Flat
Structure Type: Interior Townhouse/Rowhouse
Window Features: Replacement
Building Not Winterized

Lot Information
Lot Size Dimensions: 20.20 x 150.00
Lot Dimensions Source: Assessor
Tidal Water: No

Land Information
Land Assessed Value: $7,100

Above Grade Information
Finished Sq.Ft.: 1,575
Finished Sq.Ft. Source: Assessor

Below Grade Information
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft. Source: Assessor

Financial

Tax Information
Agricultural Tax Due: No
County Tax: $342
School Tax: $1,017
School Tax Payment Frequency: Annually
Tax Assessed Value: $41,200
Tax Year: 2021
Tax Annual Amount: $1,359

Assessments Information
Year Assessed: 2021

Lease Information
Existing Lease Type: Month to Month

Rental Information
Rent Control: No

Utilities

Utilities Information
100 Amp Service
Forced Air
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Sewer Septic: Public Sewer
Water Source: Public

Location

School Information
School District Name: RED CLAY CONSOLIDATED
School District Source: Listing Agent

Location Information
Outside City Limits
Cross Street: Bonwood Rd.
Directions: Maryland Ave. to Alban Dr. Left onto Bonwood Rd. Right onto Homestead Rd. End at subject on the left hand side.
Transportation: Airport less than 10 miles, Commuter Rail Station 1 to 5 miles, Bus Stop less than 1 mile

Public facts

Beds: 4
Baths: 2.0
Sq. Ft.: 1,575
Stories: 2.0
Lot Size: 3,049 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1960
Year Renovated: —
County: New Castle County
APN: 0704320139

Home facts updated by county records on Jul 1, 2026

Around this home

Schools

Richardson Park Elementary School

Public K-5 • Assigned • 1.1mi

3/10

duPont (Alexis I.) Middle School

Public 6-8 • Assigned • 2.7mi

1/10

Dickinson (John) High School

Public 6-12 • Assigned • 5.5mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

7/10 Heat Factor

7 days above 102° expected this year, 15 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 4 days in 30 years

Provided by First Street

Historical weather

Wilmington, DE • 19805

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.1 hours in June and 4.4 hours in December, placing it below the U.S. average for solar exposure.

9.1 hrs

4.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$244,000 – $295,000

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New listings for sale in 19805

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COMING SOON

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103 Linden Ave, Wilmington, DE 19805

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200 S Harrison St, Wilmington, DE 19805

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Home values near 513 Homestead Rd

Data from public records.

Address	Redfin Estimate
501 Homestead Road, Wilmington, DE 4 Beds \| 2 Baths \| 1575 Sq. Ft.	$258,235
511 Homestead Road, Wilmington, DE 4 Beds \| 2 Baths \| 1575 Sq. Ft.	$250,568

Address	Redfin Estimate
507 Homestead Road, Wilmington, DE 4 Beds \| 2 Baths \| 1575 Sq. Ft.	$245,126
515 Homestead Road, Wilmington, DE 4 Beds \| 2 Baths \| 1575 Sq. Ft.	$281,495

Address	Redfin Estimate
509 Homestead Road, Wilmington, DE 4 Beds \| 2 Baths \| 1575 Sq. Ft.	$259,504
519 Homestead Road, Wilmington, DE 4 Beds \| 2 Baths \| 1575 Sq. Ft.	$260,812

Property information provided by BRIGHT MLS when last listed in 2022. This data may not match . Learn more.

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