1005 Wright St Wilmington, DE 19805
Browntown NeighborhoodEstimated Value: $329,442
--
Bed
--
Bath
2,688
Sq Ft
$123/Sq Ft
Est. Value
Highlights
- 0.19 Acre Lot
- Electric Baseboard Heater
- 5-minute walk to Michaels Playground
- No HOA
About This Home
As of May 2021Investor Alert! Quadplex. 100% tenant occupied, year long leases in place. Four 1-bedroom / 1-bath apartments. Currently $38,580 Annual Gross Income. A: $785/m B: $765/m C: $800/m D: $835/m Coin operated laundry on site for additional income; Avg. $51/m. Tenants pay their own utilities. Two off-street parking spots. Large fenced in yard. Two units were built in 2015 (lower units). New carpet in apartment D. Close to Wilmington Waterfront.
Last Agent to Sell the Property
BHHS Fox & Roach - Hockessin License #652222 Listed on: 03/09/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,267
Year Built
- Built in 1949 | Remodeled in 2014
Lot Details
- 8,276 Sq Ft Lot
- Lot Dimensions are 115.00 x 73.00
Home Design
- 2,688 Sq Ft Home
- Quadruplex
Parking
- 2 Parking Spaces
- 2 Off-Street Spaces
Utilities
- Window Unit Cooling System
- Heat Pump System
- Back Up Gas Heat Pump System
- Electric Baseboard Heater
- Electric Water Heater
Listing and Financial Details
- Tax Lot 063
- Assessor Parcel Number 26-049.10-063
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 1 Vacant Unit
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 9, 2021
Closed on
May 21, 2021
Sold by
Js Holdings Llc
Bought by
Js Holdings Invest Llc
Seller's Agent
Christopher Black
BHHS Fox & Roach - Hockessin
Buyer's Agent
Sumeet Malik
Compass
List Price
$325,000
Sold Price
$325,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,442
Avg. Annual Appreciation
0.77%
Original Mortgage
$297,618
Interest Rate
2.8%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 1, 2015
Sold by
Marling John
Bought by
Js Holdings Llc
Purchase Details
Closed on
Nov 3, 2015
Bought by
Marling John
Purchase Details
Closed on
Sep 8, 2005
Sold by
Forbes Sharon
Bought by
Forbes Holding Llc
Purchase Details
Closed on
Jun 10, 2005
Sold by
Alexis Eric
Bought by
Forbes Sharon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
5.79%
Mortgage Type
Commercial
Similar Homes in Wilmington, DE
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Js Holdings Invest Llc | -- | None Available | |
| Price Thayne | -- | None Available | |
| Js Holdings Llc | -- | None Available | |
| Marling John | $159,000 | -- | |
| Forbes Holding Llc | -- | -- | |
| Forbes Sharon | $190,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Price Thayne | $297,618 | |
| Previous Owner | Forbes Sharon | $171,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/17/2021 05/17/21 | Sold | $325,000 | 0.0% | $121 / Sq Ft |
| 03/22/2021 03/22/21 | Pending | -- | -- | -- |
| 03/09/2021 03/09/21 | For Sale | $325,000 | -- | $121 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,212 | $60,000 | $16,600 | $43,400 |
| 2023 | $2,164 | $60,000 | $16,600 | $43,400 |
| 2022 | $2,134 | $60,000 | $16,600 | $43,400 |
| 2021 | $2,079 | $60,000 | $16,600 | $43,400 |
| 2020 | $4,041 | $60,000 | $16,600 | $43,400 |
| 2019 | $2,953 | $60,000 | $16,600 | $43,400 |
| 2018 | $405 | $60,000 | $16,600 | $43,400 |
| 2017 | $2,782 | $60,000 | $16,600 | $43,400 |
| 2016 | $2,782 | $60,000 | $16,600 | $43,400 |
| 2015 | $2,606 | $60,000 | $16,600 | $43,400 |
| 2014 | $2,605 | $60,000 | $16,600 | $43,400 |
Source: Public Records
Agents Affiliated with this Home
-
Christopher Black
Seller's Agent in 2021
Christopher Black
BHHS Fox & Roach
(302) 304-2265
1 in this area
89 Total Sales
-
Sumeet Malik
Buyer's Agent in 2021
Sumeet Malik
Compass
(302) 290-2933
2 in this area
201 Total Sales
Map
Source: Bright MLS
MLS Number: DENC521802
APN: 26-049.10-063
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