$55,000
SOLD JUN 26, 2018

101 N Van Buren St Wilmington, DE 19805

-- Bed
-- Bath
1,725 Sq Ft
1,307 Sq Ft Lot

Recently Sold

$32 Per Sq Ft

8% Below List Price

Highlights

  • Wood Flooring
  • En-Suite Primary Bedroom
  • 2-minute walk to Adams Street Courts
  • No HOA
  • Forced Air Heating System

About This Home

As of May 2020

Opportunity investment for a two 2 bedroom, 2 bath apartment building with basement gas and electric heating, one apartment occupied by a tenant with a lease agreement paying $700 per month, the other apartment is occupied by seller's son that will move out upon sale of property, leaving this apartment vacant for another tenant with another potential rent of $700, making this a possible $1,400 monthly income. Call agent for more information and showings.

Last Agent to Sell the Property

Charlie Bernardi

(302) 217-6692 HousesSellFasterWithCharlie@gmail.com The Parker Group Listed on: 04/11/2018

Last Buyer's Agent

David Vetri

(215) 397-7691 david@soldbydv.com Red Brick Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $671

Year Built

  • Built in 1900

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 18x60

Parking

  • On-Street Parking

Home Design

  • Converted Dwelling
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,725 Sq Ft Home
  • Wood Flooring
  • Partial Basement

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Operating Expense $671

Listing and Financial Details

  • Tax Lot 471
  • Assessor Parcel Number 26-034.30-471

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$671

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring Type: Wood
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 1725
  • Living Area Sq Ft: 1725
  • Price Per Sq Ft: 34.78
  • Above Grade Finished Sq Ft: 1725
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 101

Exterior Features

  • Other Structures: Above 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
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • 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

Lot Info

  • Lot Size Acres: 0.03
  • Lot Dimensions: 18X60
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Zoning: 26R-3

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 671.00
  • Assessor Parcel Number: 26-034.30-471
  • Tax Lot: 471
  • Tax Year: 2017
  • Close Date: 06/26/2018

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
16.72%

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
Charlie 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 Type Sale Price Title Company
Deed -- None Available
Deed $55,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $67,500 Construction
Previous Owner $91,500 New Conventional
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

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Map

Source: Bright MLS

MLS Number: 1000380374

Bright MLS

APN: 26-034.30-471