407 W Summit Ave, Wilmington, DE, 19804
About This Home
This beautifully renovated 5-bedroom, 3-full-bath home with nearly 2500 Sqft of living space! The full ground level walk-out basement is ideal for multi-generational living or an in-law suite. The modern kitchen, open layout, and bright living spaces create a warm, inviting atmosphere. What truly sets this property apart is its large double lot—rare in this community—providing ample space and endless potential. Plus, the adjacent vacant lot at 409 W. Summit will also be available for purchase, offering a rare chance to expand or create your dream space.
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Excellent
- Year built: 1940
Materials
- Foundation: Permanent
- Construction materials: Vinyl Siding
Notable Dates
- Major remodel year: 2026
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Gas Water Heater,Tankless Water Heater
- Laundry features: Lower Level
Basement
- Area: 1045
Basement
- Has basement: Yes
- Basement: Finished,Walk-Out Access,Full
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
- Main level bedrooms: 4
Features
- Finished area below ground: 798
- Finished area above ground: 1,672
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air,Ductless,Electric
Interior Area
- Total structure area: 2,717
- Total interior livable area: 2,470 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 07042.20292
- Zoning: NC5
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Fencing: Full,Chain Link
Lot
- Lot size: 7,405 sqft
- Lot size dimensions: 100.00 x 75.00
Parking
- Total spaces: 6
- Parking features: Driveway
- Has uncovered spaces: Yes
- Uncovered spaces: 6
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
- Cold Wave
- Heat Wave
- Inland Flooding
- Tsunami
How This Home’s Risks Compare
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,149 | $25,788 |
| Home Insurance * | $134 | $1,608 |
| Property Taxes | $255 | $3,060 |
| Electricity | $273 | $3,277 |
| Total | $2,811 | $33,732 |
Income You'd Need if You Spent...
Delaware FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-09 | Price change | $400,000 |
| 2026-07-03 | Listed for sale | $425,000 |
| 1985-10-01 | Sold | $50,000 |
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