OFF MARKET

Off Market Aug 2022 for $185K

$302,464

Est. refi paymentEst. refi $922/mo

•

1,575

sq ft

547 Homestead Rd, Wilmington, DE 19805

About this home

Looking to be a landlord of a multi-family building? Then this may be the opportunity you've been touting! 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 right. 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 a tenant paying $850, Section 8 subsidized, on a month-to-month lease. Second floor unit is empty, features fresh cosmetics, and has an SRAP subsidized tenant set to take possession in August. 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

$192Est. 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 Michael Lewis • Crown Homes Real Estate

•302-504-6147 (broker)

Redfin checked: a few seconds ago

•Source:BRIGHT MLS #DENC2027216

Redfin Estimate

$302,464

$117K since sold in August 2022$41K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 24.9% 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

$146,018

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 547 Homestead Rd

Date

Event

Price

BRIGHT MLS #DENC2027216

Aug 26, 2022

Sold

$185,000

$117/sq ft

Aug 11, 2022

Contingent

—

Jul 7, 2022

Listed

$180,000

$114/sq ft

BRIGHT MLS #1007450378

Mar 31, 2016

Listing Removed

—

Oct 8, 2015

Listed

$95,000

$60/sq ft

TREND #5724519

Jul 16, 2010

Sold

$55,000

$35/sq ft

Jun 9, 2010

Listed

$54,900

$35/sq ft

BRIGHT MLS #1004870482

Jul 16, 2010

Sold

$55,000

$35/sq ft

Jun 17, 2010

Listing Removed

—

Jun 9, 2010

Listed

$54,900

$35/sq ft

BRIGHT MLS #1006461252

Oct 20, 2009

Listing Removed

—

Oct 28, 2008

Listed

$79,993

$51/sq ft

BRIGHT MLS #DENC160108

Dec 15, 2005

Sold

$139,900

$89/sq ft

Oct 6, 2005

Listing Removed

—

Sep 2, 2005

Listed

$139,900

$89/sq ft

Public Records

Oct 19, 1999

Sold

$34,000

$22/sq ft

Public Records

Dec 1, 1986

Sold

$48,900

$31/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$2,454 (+67.3%)

$42,100 + $209,100

$251,200

2024

$1,467 (+13.4%)

$42,100 + $209,100

$251,200

2023

$1,294 (−1.2%)

$7,100 + $32,600

$39,700

2022

$1,309

$7,100 + $32,600

$39,700

2021

$1,309 (−44.6%)

$7,100 + $32,600

$39,700

2020

$2,364 (+37.3%)

$7,100 + $32,600

$39,700

2019

$1,722 (+4.6%)

$7,100 + $32,600

$39,700

2018

$1,645 (+1.0%)

$7,100 + $32,600

$39,700

2017

$1,630 (+34.5%)

$7,100 + $32,600

$39,700

2016

$1,212 (+6.7%)

$7,100 + $32,600

$39,700

2015

$1,136 (+8.1%)

$7,100 + $32,600

$39,700

2014

$1,051 (+1.3%)

$7,100 + $32,600

$39,700

2013

$1,038 (+317.5%)

$7,100 + $32,600

$39,700

2012

$249

$7,100 + $32,600

$39,700

Tax history for 547 Homestead Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,454 (+67.3%)

$42,100 + $209,100

$251,200

2024

$1,467 (+13.4%)

$42,100 + $209,100

$251,200

2023

$1,294 (−1.2%)

$7,100 + $32,600

$39,700

2022

$1,309

$7,100 + $32,600

$39,700

2021

$1,309 (−44.6%)

$7,100 + $32,600

$39,700

2020

$2,364 (+37.3%)

$7,100 + $32,600

$39,700

2019

$1,722 (+4.6%)

$7,100 + $32,600

$39,700

2018

$1,645 (+1.0%)

$7,100 + $32,600

$39,700

2017

$1,630 (+34.5%)

$7,100 + $32,600

$39,700

2016

$1,212 (+6.7%)

$7,100 + $32,600

$39,700

2015

$1,136 (+8.1%)

$7,100 + $32,600

$39,700

2014

$1,051 (+1.3%)

$7,100 + $32,600

$39,700

2013

$1,038 (+317.5%)

$7,100 + $32,600

$39,700

2012

$249

$7,100 + $32,600

$39,700

*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

0704320122

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
Flooring Type: Carpet, Laminate Plank, Vinyl, Hardwood
Living Area Sq.Ft. Source: Assessor
Wall & Ceiling Types: Dry Wall

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

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

Exterior

Property Information
Total Below Grade Sq. Ft.: 0
Improvement Assessed Value: $32,600
Ownership Interest: Fee Simple
Property Condition: Average
Year Built Source: Assessor

Building Information
# of Units (Total): 2
Construction Materials: Brick, Asbestos
Foundation Details: Block
Other Structures: Above Grade, Below Grade
Roof: Flat, Shingle
Structure Type: Interior Townhouse/Rowhouse
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: $330
School Tax: $980
School Tax Payment Frequency: Annually
Tax Assessed Value: $39,700
Tax Year: 2021
Tax Annual Amount: $1,309

Assessments Information
Year Assessed: 2021

Rental Information
Rent Control: No

Utilities

Utilities Information
100 Amp Service, Circuit Breakers
Forced Air
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Sewer Septic: Public Sewer
Water Source: Public
Municipal Trash: No

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, Bus Stop less than 1 mile, Commuter Rail Station 1 to 5 miles

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: 0704320122

Home facts updated by county records on Jul 1, 2026

Around this home

Schools

Richardson Park Elementary School

Public K-5 • Assigned • 1.0mi

3/10

duPont (Alexis I.) Middle School

Public 6-8 • Assigned • 2.8mi

1/10

Dickinson (John) High School

Public 6-12 • Assigned • 5.4mi

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

$288,000 – $348,000

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New listings for sale in 19805

$200,000

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(302) 295-9430

EARLY ACCESSCOMPASS COMING SOON

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COMING SOON

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200 S Harrison St, Wilmington, DE 19805

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COMING SOON

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Home values near 547 Homestead Rd

Data from public records.

Address	Redfin Estimate
525 Homestead Rd, Wilmington, DE - Beds \| - Baths \| 1575 Sq. Ft.	$258,526
543 Homestead Rd, Wilmington, DE 4 Beds \| 2 Baths \| 1575 Sq. Ft.	$268,701

Address	Redfin Estimate
531 Homestead Rd Apt B, Wilmington, DE 4 Beds \| 2 Baths \| 1575 Sq. Ft.	$273,773
549 Homestead Rd, Wilmington, DE 4 Beds \| 2 Baths \| 1575 Sq. Ft.	$252,240

Address	Redfin Estimate
535 Homestead Rd, Wilmington, DE 4 Beds \| 2 Baths \| 1725 Sq. Ft.	$253,994
557 Homestead Rd, Wilmington, DE 4 Beds \| 2 Baths \| - Sq. Ft.	$243,150

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

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