Last Sold Price
503 Homestead Rd, Wilmington, DE 19805

Description

Outstanding opportunity to live in one and rent the other! This two family dwelling unit conveniently located, separately metered for gas, electric and water and is just a quick paint job and some light TLC away from being rent ready. This property is eligible for ExpressPath Financing. Corporate listing being sold as is. Addendum, NCCBOR contract, unconditional pre-approval, 5% deposit (15% for investors) required with any offer and proof of funds. Investor contracts are subject to a 3 month re-sale/re-finance...Outstanding opportunity to live in one and rent the other! This two family dwelling unit conveniently located, separately metered for gas, electric and water and is just a quick paint job and some light TLC away from being rent ready. This property is eligible for ExpressPath Financing. Corporate listing being sold as is. Addendum, NCCBOR contract, unconditional pre-approval, 5% deposit (15% for investors) required with any offer and proof of funds. Investor contracts are subject to a 3 month re-sale/re-finance deed restriction. Lender approval must state lender has reviewed full tri-merged credit report, W-2 forms, pay stubs and bank statements and buyer has no home to sell.
LISTING CLOSED: 02/20/2008 12:00 AM

  1. Listed by Paul M Pantano • Pantano Real Estate Inc
    P: (302) 888-0300 paul@pantanorealestate.com

Property Details for 503 Homestead Road

Status
MLS #
1005623452
Days on Market
5
Taxes
$876 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi-Family / Fee Simple
Year Built
1960
Lot Size
0.07 AC / 3,049 SF
Tax ID Number
07-043.20-144
Ownership
Fee Simple
Condo Coop Association
No
HOA
No
Structure Type
Interior Row/Townhouse
Style
Other
Waterfront
No
Garage
No
Subdivision
ALBAN PARK
Subdivision
ALBAN PARK (NEW CASTLE DE)
Cross Street
BONWOOD
Total Parking Spaces
2
Central Air
No
Basement
Yes
New Construction
No

Recent comparable sales

Median sold price

$270,000

Avg days on market

25

Sale-to-list ratio

94.0%

[Wilmington, DE]

9 comparable properties found

a view of a house with a swimming pool
1/2
1

$125,000

Sold 06/13/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,475
Square Feet
0.03
Acres
$240,000 | 415 Homestead Road, Wilmington, DE 19805
1/5
2

$240,000

Sold 01/27/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,950
Square Feet
0.07
Acres
$270,000 | 1635 Bonwood Road, Wilmington, DE 19805
1/18
3

$270,000

Sold 12/23/24

Unavailable
Bedrooms
Unavailable
Bathrooms
1,575
Square Feet
0.07
Acres
a view of a house with a yard
1/31
4

$265,000

Sold 03/03/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,575
Square Feet
0.07
Acres
$290,000 | 1633 Bonwood Road, Wilmington, DE 19805
1/3
5

$290,000

Sold 11/30/24

Unavailable
Bedrooms
Unavailable
Bathrooms
1,575
Square Feet
0.07
Acres
a front view of a house with a yard
1/35
6

$290,000

Sold 06/30/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,575
Square Feet
0.07
Acres
$537,500 | 1405-1407 Banning Street, Wilmington, DE 19805
1/3
7

$537,500

Sold 05/21/25

Unavailable
Bedrooms
Unavailable
Bathrooms
2,700
Square Feet
0.14
Acres
$200,000 | 500 South Van Buren Street, Wilmington, DE 19805
1/11
8

$200,000

Sold 03/25/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.07
Acres
a front view of a house
1/26
9

$350,000

Sold 11/21/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.1
Acres

Location

Listing Courtesy of Pantano Real Estate Inc

Sold By Patterson-Schwartz-Greenville

Add your commute

Building Information for 503 Homestead Road

Stories-Residences-Year Built1960Building Size-Lot Size0.07 AC / 3,049 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$581 per month

30 year fixed, 6.55% Interest

Principal and Interest

$508

Property Taxes

$73

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Rocket Mortgage1

Property Information for 503 Homestead Road

Location
Location
  • School District Name: RED CLAY CONSOLIDATED
  • School District County ID: 300200396545
  • Elementary School: RICHARDSON PARK (NEW CASTLE DE)
  • High School: THOMAS MCKEAN (NEW CASTLE DE)
  • County: NEW CASTLE
  • MLS Area: Elsmere/Newport/Pike Creek (30903)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2007
  • Tax Assessed Value: $39,700
  • Improvement Assessed Value: $32,600
  • Land Assessed Value: $7,100
  • Zoning: NC5
  • Tax Lot: 144
Lease Information
Lease Information
  • Concessions: No
Unit Information
Unit Information
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 1
  • Other Units: Unit 1,Unit 2
Rooms
Rooms
  • Room List: Primary Bedroom
Financial Information
Expenses
  • Annual Gross Expense: $876
Building Info
Building Info
  • Construction Materials: Vinyl Siding, Brick
  • Roof: Flat
Lot / Land Information
Lot / Land Information
  • Lot Size Dimensions: 20X150
  • Sign On Property: Yes
  • Parcel ID: 2261625
Parking
Parking
  • Type Of Parking: On Street
  • Total Non-Garage Parking Spaces: 2
  • Parking Features: Street
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
  • Laundry Type: Has Laundry
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Heating Type: Gas, Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer

Property History for 503 Homestead Road

DateEvent & SourcePriceAppreciation
Feb 20, 2008

Closed (Public Record)

Public Record #752838771

$99,900
Feb 20, 2008

Closed (Public Record)

Public Record #252838771

$99,900

+142.8% / yr

Feb 20, 2008

Closed

BRIGHT #1005623452

$99,900
DateEvent & SourcePrice
02/20/2008

Closed (Public Record)

Public Record #752838771

$99,900
02/20/2008

Closed (Public Record)

Public Record #252838771

$99,900

+142.8% / yr

02/20/2008

Closed

BRIGHT #1005623452

$99,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 503 Homestead Road

Taxable ValueLand-Additions-Total-
Tax Record2025$2,058 ($171 / month)
Home Facts
Baths2Total Finished SqFt1,575 SqFtAbove Grade Finished SqFt1,575 SqFtStories2Lot Size3,049 SqFtStyleMulti-Family Dwelling (2-4)Year Built1960ZoningNC5CountyNEW CASTLEAPN07-043.20-144

Schools near 503 Homestead Road

This home is within Red Clay Consolidated School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 6 to 12
Public - 6 to 12
Rating
School
Distance
Richardson Park Elementary School
PublicK to 5

Stanton Middle School
Public6 to 8

Dickinson (John) High School
Public6 to 12

Conrad Schools of Science
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 503 Homestead Road, Wilmington, DE 19805
$99,900
3,049
$68,000
1,300
3,049
2
1,575
3,049
2
1,575
3,049
195,149
$180,000
4
2
1,575
3,049

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Pantano Real Estate Inc

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.