NOT LISTED FOR SALE

1016 W 7th St Wilmington, DE 19805

Cool Spring-Tilton Park Neighborhood

Estimated Value: $177,000 - $196,000

3 Beds
1 Bath
1,600 Sq Ft
$117/Sq Ft Est. Value

Last Sold October 26, 2020

Last sale price $77,319 $48 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $1,051/month

Highlights

  • Colonial Architecture
  • Hot Water Heating System
  • 5-minute walk to Helen Chambers Playground
  • No HOA
  • Heating System Uses Steam

About This Home

As of October 2020

Sold before processing.

Last Agent to Sell the Property

Mike McGavisk

(302) 530-1553 mike@yourroadhome.com Empower Real Estate, LLC License #023425 Listed on: 09/25/2020

Empower Real Estate, LLC

Last Buyer's Agent

Mike McGavisk

(302) 530-1553 mike@yourroadhome.com Empower Real Estate, LLC License #023425 Listed on: 09/25/2020

Empower Real Estate, LLC

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1880

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 15.00 x 72.00

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,600 Sq Ft Home
  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Unassigned Parking

Utilities

  • Cooling System Utilizes Natural Gas
  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Steam
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Wilm #15 Subdivision

Listing and Financial Details

  • Tax Lot 358
  • Assessor Parcel Number 26-027.40-358

Townhouse Details

Home Type

Townhome

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1880
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1600
  • Living Area Sq Ft: 1600
  • Price Per Sq Ft: 48.32
  • Above Grade Finished Sq Ft: 1600
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Natural Gas
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water, Steam
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 23300.00
  • Land Assessed Value: 4400.00
  • Lot Size Acres: 0.03
  • Lot Dimensions: 15.00 x 72.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Zoning: 26R-3
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 2404600
  • School Tax: 687.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1271.00
  • Assessor Parcel Number: 26-027.40-358
  • Tax Lot: 358
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2020
Closed on
Oct 20, 2020
Sold by
Myers Douglas A and Myers Cynthia R
Bought by
Toscano Chad
Seller's Agent
Mike McGavisk
Empower Real Estate, LLC
Buyer's Agent
Mike McGavisk
Empower Real Estate, LLC
List Price
$75,000
Sold Price
$77,320
Premium/Discount to List
$2,320
3.09%
Current Estimated Value
$186,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,476
Avg. Annual Appreciation
18.80%
Original Mortgage
$61,856
Outstanding Balance
$54,917
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$131,879

Purchase Details

Closed on
Aug 17, 2007
Sold by
Sandcastle Holdings Llc
Bought by
Myers Douglas A and Myers Cynthia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,101
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2001
Sold by
Bowen Zack R and Bowen Linda F
Bought by
Sandcastle Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,675
Interest Rate
6.61%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Toscano Chad -- None Available
Myers Douglas A $61,224 None Available
Sandcastle Holdings Llc $27,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Toscano Chad $61,856
Previous Owner Myers Douglas A $55,101
Previous Owner Sandcastle Holdings Llc $31,675
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2020 10/26/20 Sold $77,320 +3.1% $48 / Sq Ft
09/25/2020 09/25/20 For Sale $75,000 -- $47 / Sq Ft
09/22/2020 09/22/20 Pending -- -- --
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 $864 $27,700 $4,400 $23,300
2023 $751 $27,700 $4,400 $23,300
2022 $755 $27,700 $4,400 $23,300
2021 $753 $27,700 $4,400 $23,300
2020 $758 $27,700 $4,400 $23,300
2019 $1,314 $27,700 $4,400 $23,300
2018 $76 $27,700 $4,400 $23,300
2017 $1,227 $27,700 $4,400 $23,300
2016 $1,227 $27,700 $4,400 $23,300
2015 $1,174 $27,700 $4,400 $23,300
2014 $1,114 $27,700 $4,400 $23,300
Source: Public Records

Agents Affiliated with this Home

  • Mike McGavisk

    Seller's Agent in 2020

    Mike McGavisk

    Empower Real Estate, LLC

    (302) 530-1553

    109 Total Sales

    Mike McGavisk
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DENC509960

Bright MLS

APN: 26-027.40-358

Delaware New Castle County Wilmington 19805 Cool Spring-Tilton Park

1016 W 7th St, Wilmington, DE

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS 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, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information 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 the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes