NOT LISTED FOR SALE

101 N Van Buren St Wilmington, DE 19805

Estimated Value: $110,000 - $227,000

-- Bed
2 Baths
1,725 Sq Ft
$95/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $72,000 $42 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $915/month

Highlights

  • Traditional Architecture
  • Hot Water Heating System
  • 2-minute walk to Adams Street Courts
  • No HOA

About This Home

As of May 2020

Visit this home virtually: http://www.vht.com/434052582/IDXS - Great investment opportunity for a two 2 bedroom, 2 bath apartment building with new basement gas boiler! Apartment 1 tenant occupied paying $750 per month. Apartment 2 is currently vacant with a potential rent of $750 also. $1,500 total potential monthly income. Opportunities are endless. For example, owner can live in 1 unit while the rented unit pays for the mortgage. Property is also a wonderful investment opportunity to fund retirement or college tuition.

Last Agent to Sell the Property

Gerard Mahotiere

Patterson-Schwartz-Middletown Listed on: 03/27/2020

Patterson-Schwartz-Middletown

Last Buyer's Agent

Stefanie Morris

RE/MAX Affiliates License #RS-0022794

RE/MAX Affiliates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $672

Year Built

  • Built in 1900

Lot Details

  • 1,307 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,725 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 26-034.30-471

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$672

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Tenant's personal property
  • Inclusions: As Shown
  • New Construction: No
  • Year Built: 1900
  • Remarks Public: Visit this home virtually: http://www.vht.com/434052582/IDXS - Great investment opportunity for a two 2 bedroom, 2 bath apartment building with new basement gas boiler! Apartment 1 tenant occupied paying $750 per month. Apartment 2 is currently vacant with a potential rent of $750 also. $1,500 total potential monthly income. Opportunities are endless. For example, owner can live in 1 unit while the rented unit pays for the mortgage. Property is also a wonderful investment opportunity to fund retirement or college tuition.
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Living Area Units: Square Feet
  • Total Sq Ft: 1725
  • Living Area Sq Ft: 1725
  • Price Per Sq Ft: 43.48
  • Above Grade Finished Sq Ft: 1725
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 101

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: RED CLAY CONSOLIDATED
  • School District Key: 300200396545
  • School District Source: Listing Agent

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Zoning: 26R-3
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2410354
  • Tax Annual Amount: 672.00
  • Assessor Parcel Number: 26-034.30-471
  • Tax Year: 2019
  • Close Date: 05/15/2020

Multi Family

  • Single Room Units Count: 5

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2020
Closed on
May 14, 2020
Sold by
Home Ventures Llc
Bought by
430 North West Street Llc
Seller's Agent
Gerard Mahotiere
Patterson-Schwartz-Middletown
Buyer's Agent
Stefanie Morris
RE/MAX Affiliates
List Price
$75,000
Sold Price
$72,000
Premium/Discount to List
-$3,000
-4%
Current Estimated Value
$164,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,616
Avg. Annual Appreciation
14.68%

Purchase Details

Listed on
Apr 11, 2018
Closed on
Jun 26, 2018
Sold by
Morales Nereida and Molina Luis
Bought by
Home Ventures Llc
Seller's Agent
Charles Bernardi
The Parker Group
Buyer's Agent
David Vetri
Red Brick Realty, LLC
List Price
$60,000
Sold Price
$55,000
Premium/Discount to List
-$5,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.32%
Original Mortgage
$91,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 1995
Bought by
Morales Nereida and Molina Luis
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
430 North West Street Llc -- None Available
Home Ventures Llc $55,000 None Available
Morales Nereida -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 430 North West Street Llc $67,500
Previous Owner Home Ventures Llc $91,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2020 05/15/20 Sold $72,000 -4.0% $42 / Sq Ft
05/06/2020 05/06/20 For Sale $75,000 0.0% $43 / Sq Ft
04/23/2020 04/23/20 Pending -- -- --
04/14/2020 04/14/20 For Sale $75,000 0.0% $43 / Sq Ft
04/02/2020 04/02/20 Pending -- -- --
03/27/2020 03/27/20 For Sale $75,000 +36.4% $43 / Sq Ft
06/26/2018 06/26/18 Sold $55,000 -8.3% $32 / Sq Ft
05/11/2018 05/11/18 Pending -- -- --
04/11/2018 04/11/18 For Sale $60,000 -- $35 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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 $456 $14,600 $1,800 $12,800
2023 $396 $14,600 $1,800 $12,800
2022 $707 $14,600 $1,800 $12,800
2021 $391 $14,600 $1,800 $12,800
2020 $399 $14,600 $1,800 $12,800
2019 $693 $14,600 $1,800 $12,800
2018 $1,000 $14,600 $1,800 $12,800
2017 $647 $14,600 $1,800 $12,800
2016 $647 $14,600 $1,800 $12,800
2015 $619 $14,600 $1,800 $12,800
2014 $587 $14,600 $1,800 $12,800
Source: Public Records

Agents Affiliated with this Home

  • Gerard Mahotiere

    Seller's Agent in 2020

    Gerard Mahotiere

    Patterson Schwartz

    (302) 598-0434

    34 Total Sales

    Gerard Mahotiere
    Section Image

  • S

    Buyer's Agent in 2020

    Stefanie Morris

    RE/MAX

    (215) 681-5714

    45 Total Sales

    Stefanie Morris
    Section Image

  • C

    Seller's Agent in 2018

    Charles Bernardi

    The Parker Group

    Section Image
  • David Vetri

    Buyer's Agent in 2018

    David Vetri

    Red Brick Realty, LLC

    (215) 397-7691

    24 Total Sales

    David Vetri
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DENC498914

Bright MLS

APN: 26-034.30-471

Delaware New Castle County Wilmington 19805

101 N Van Buren St, Wilmington, DE

This home is located at 101 N Van Buren St, Wilmington, DE 19805 since 27 March 2020 and is currently estimated at $164,616, approximately $95 per square foot. This property was built in 1900. 101 N Van Buren St is a home located in New Castle County with nearby schools including Lewis (William C.) Dual Language Elementary School, Skyline Middle School, and Alexis I. du Pont High School.

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