Backup offers
#DENC2085342, Sumeet Malik, Listing office: Compass
$350,000 List price
400 Lee Ter Wilmington, DE 19803
3 beds
1 full, 1 partial
1,700 sqft
0.2 acres
$206 / sqft
House
Property details
About 400 Lee Ter
Welcome to 400 Lee Terrace – a prime investment opportunity in the desirable Colonial Woods neighborhood. This 3-bedroom, 1.5-bath home sits on a spacious corner lot with a one-car garage and easy access to Route 202, shopping, dining, and more. Recent updates include replacement windows and a new roof installed in 2016. With solid bones and a fantastic location, this property offers great potential for renovation. Home is being sold as-is – bring your vision and make it your own!
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
(ACTIVE)
(ACTIVE)
Size1,700 sqft
BasementYes
Lot size0.22 Acres
Year built1961
ParkingInside Access, Attached Garage,Driveway
MLS #DENC2086272
Garage1 space
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Basement: Yes
- Flooring Type: Wood, Carpet
- Interior: Attic, Carpet, Wood Floors
- Total Bedroom Count: 3
- Garage Space: 1 space
- Private Pool: No
- Parking: Inside Access, Attached Garage,Driveway
- Architectural Style: Colonial
- Heating: Forced Air
- Cooling: None
- List Price: $350,000
- Price/SqFt: $205
- Annual Tax Amount: $1,408
- Tax Year: 2023
- Lot: Corner Lot
- Directions: From 202 turn onto Silverside Rd. Turn right on Brookfield Ln then left on Lee Terrace. Home is on the right
- Year Built: 1961
- Stories: 2
- Living Area: 1,700 SqFt
- Lot Size: 0.22 Acres
- MLS Number: DENC2086272
- MLS Name: BRIGHT
- Office Name: Century 21 Emerald
- Office Phone: (302) 798-1000
- Office Email: mike@emeraldc21.com
- Listing Agent: Jason Ray Ontjes
- Agent Phone: (610) 888-7227
- Agent Email: jason@emeraldc21.com
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/30/2025, 10:45:38 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $62,100 | $1,408 |
| 2021 | $62,100 | $1,531 |
| 2020 | $62,100 | $1,531 |
| 2019 | $62,100 | $1,451 |
| 2018 | $62,100 | $2,067 |
| 2017 | $62,100 | $2,065 |
History based on county public records data.
Nearby schools
6
Hanby Elementary School
Public District KG-5
1.3 mi
•2523 Berwyn Rd
6
Lombardy Elementary School
Public District KG-5
1.7 mi
•412 Foulk Rd
8
Forwood Elementary School
Public District KG-5
2.0 mi
•1900 Westminster Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $101,154. Typical income of Wilmington, DE residents is between $100k-200k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
18%
<35k
31%
35k-100k
45%
100k-200k
6%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
36%
Single, No Kids
9%
Single, with Kids
36%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
7%
12-17 yrs old
14%
18-34 yrs old
42%
35-64 yrs old
24%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
PGA/LPGA
Symphony or Opera
Where do the neighbors shop?
Nordstrom Rack
Chico's
Stein Mart
Where do the neighbors go to eat?
Chipotle
Bonefish Grill
Boston Market
What do the neighbors drive?
Mazda
Cadillac
Volvo
What do the neighbors listen to?
Rock
Classical
Talk/Personality
All data provided by Home Junction and Claritas
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Frequently asked questions
About 400 Lee Ter
The listing price of 400 Lee Ter property is $350,000.
The property 400 Lee Ter is a house located in Wilmington, Delaware, 19803.
Active Listing: 400 Lee Ter is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 400 Lee Ter are: Hanby Elementary School (GreatSchools Rating 6/10), Lombardy Elementary School (GreatSchools Rating 6/10), Forwood Elementary School (GreatSchools Rating 8/10), Springer Middle School (GreatSchools Rating 3/10), Dupont (Pierre S.) Middle School (GreatSchools Rating 3/10), Dupont (Alexis I.) Middle School (GreatSchools Rating 1/10), Brandywine High School (GreatSchools Rating 4/10), Concord High School (GreatSchools Rating 6/10), Mount Pleasant High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $1,408 (source: MLS/based on county public records data).
The property at 400 Lee Ter has 3 bedrooms and 1 full and 1 half bathrooms.
The property 400 Lee Ter is 1,700 SqFt (source: MLS/tax record).
The year of construction for 400 Lee Ter is 1961.
This home is located at 400 Lee Ter in Wilmington, DE and zip code 19803 in the Colonial Woods neighborhood. This 1,700 square foot home, which was built in 1961, sits on a 0.22 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 24, 2025 and is currently priced at $350,000.
In June 2025 in Wilmington, DE there were 73.2% more homes for sale than in May. In June 2025, listings were on the market for 60 days. During the same period, the median list price in this real estate market was $309,950.
From Rocket Homes Real Estate and based on county public records data.