533 Homestead Rd in Wilmington, DE 19805 presents a lucrative investment opportunity with its two units producing a monthly income of $1,500. The property features long-term tenants who would like to continue their tenancy, ensuring a stable and reliable cash flow. Gas and electric are separately metered, providing ease of utility billing. With its strong rental history and great potential for continued success, this property is an excellent investment opportunity in the Wilmington area.
Sold for $185,000
$185,000
533 Homestead Rd, Wilmington, DE 19805
4beds
1,575sqft
Single Family Residence
Built in 1960
3,049 Square Feet Lot
$246,400 Zestimate®
$117/sqft
$2,054 Estimated rent
Home value
$246,400
$219,000 - $274,000
$2,054/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: November 30, 2023 at 11:03am
Listed by:
Kat Geralis 302-383-5412,
EXP Realty, LLC
Bought with:
Manny Shah, RS-0024828
Century 21 Gold Key Realty
Source: Bright MLS,MLS#: DENC2043080
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Gas Water Heater
- Laundry: In Basement, Laundry Room
Features
- Eat-in Kitchen
- Basement: Full,Garage Access,Exterior Entry,Interior Entry
- Has fireplace: No
Interior area
- Total structure area: 1,575
- Total interior livable area: 1,575 sqft
- Finished area above ground: 1,575
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Built In, Storage, Garage Faces Rear, Inside Entrance, On Street, Attached
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Three
- Stories: 3
- Pool features: None
Lot
- Size: 3,049 sqft
- Dimensions: 20.20 x 150.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 07043.20129
- Zoning: NC5
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Brick, Asbestos
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Available, Sewer Available, Water Available, Electricity Available
Community & neighborhood
Location
- Region: Wilmington
- Subdivision: Alban Park
HOA & financial
Other financial information
- Total actual rent: 18000
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 6/20/2023 | Sold | $185,000+5.7%$117/sqft |
Source:  Bright MLS #DENC2043080 Report a problem | ||
| 5/26/2023 | Pending sale | $175,000$111/sqft |
Source: Bright MLS #DENC2043080 Report a problem | ||
| 5/22/2023 | Listed for sale | $175,000+66.7%$111/sqft |
Source: Bright MLS #DENC2043080 Report a problem | ||
| 1/15/2021 | Sold | $105,000+16.7%$67/sqft |
Source: Public Record Report a problem | ||
| 9/10/2008 | Sold | $90,000-21.7%$57/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $204,000 +413.9% |
| 2024 | $173 -86.6% | $39,700 |
| 2023 | $1,294 -1.2% | $39,700 |
Find assessor info on the county website
Neighborhood: 19805
Nearby schools
GreatSchools rating
- 3/10Richardson Park Elementary SchoolGrades: K-5Distance: 1.1 mi
- 1/10duPont (Alexis I.) Middle SchoolGrades: 6-8Distance: 2.7 mi
- 3/10Dickinson (John) High SchoolGrades: 6-12Distance: 5.3 mi
Schools provided by the listing agent
- District: Red Clay Consolidated
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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