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1216 Chestnut St, Wilmington, DE, 19805

2beds
1baths
1,000sqft
$120,000
$120price/sqft
$971/moest. monthly cost
$38,840/yrincome needed

About This Home

Long term Tenent in place $1000 per month. Buyer buys as is. 48 hours notice required for walk thru.

Getting Around

83
WalkingVery Walkable
51
TransitGood Transit
48
BikeSomewhat Bikeable

Schools

2/10
The Bayard SchoolGrades 1-80.3 mi
3/10
Newark High SchoolGrades 9-1210.1 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Crawl/Raised
  • Roof: Other

Type & Style

  • Home type: SingleFamily

Interior

Appliances

  • Appliances included: Refrigerator

Basement

  • Basement: Partially finished

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1

Features

  • Flooring: Hardwood

Heating

  • Heating features: Other,Other

Interior Area

  • Total interior livable area: 1,000 sqft

Property

Details

  • Parcel number: 2603430378

Features

  • Exterior features: Brick

Lot

  • Lot size: 1,306 sqft

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Winter Weather
Cold Wave
Heat Wave
Inland Flooding
Tsunami

FEMA Declared Disasters Across Delaware Counties

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $606$7,272
Home Insurance *$42$504
Property Taxes $72$864
Electricity $251$3,021
Total$971$11,652
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$33,291/yr
40% on housing$29,130/yr
45% on housing$25,893/yr

Delaware FAIR Plan Programs

Insurance Placement Facility of Delaware

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,170Commercial: 57
Total Premiums$607,000
Total Exposure$249.53M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.0%
7.0%
0%30.0%
Electricity Growth Rate10-year average: 8.7%
8.7%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$120This listing

vs Other Active Listings

Avg $/sqft

ZIP 19805$113
New Castle County$172

vs Homes Sold Last Month

Median $/sqft

ZIP 19805$195
New Castle County$218

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-30Listed for sale$120,000
2024-08-01Sold$65,000
2024-06-08Pending sale$65,000
2024-06-04Listed for sale$65,000
2003-04-23Sold$25,000

For Sale by Owner

AgentProperty Owner

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