NOT LISTED FOR SALE

1018 Read St Wilmington, DE 19805

Hedgeville Neighborhood

Estimated Value: $133,000 - $143,000

2 Beds
1 Bath
1,050 Sq Ft
$132/Sq Ft Est. Value

Last Sold February 08, 2019

Last sale price $34,000 $32 Per Sq Ft

Est. 307% increase in value since last sale

Current estimated payment $819/month

67 Days on Market

Highlights

  • No HOA
  • Living Room
  • Forced Air Heating System
  • Eat-In Kitchen
  • En-Suite Primary Bedroom
  • 3-minute walk to Adams Street Courts

About This Home

As of February 2019

This three bedroom home is now available for purchase. The property is currently tenant occupied and offers an excellent opportunity to earn strong cash flow. All showings must be requested with 48 hour notice in order to notify the tenant. Property is one of a portfolio of 24 units. You may buy one or entire package. Call for details of our list of other units.

Last Agent to Sell the Property

Peter Meyer

Meyer & Meyer Realty License #RB-0003304 Listed on: 11/01/2018

Last Buyer's Agent

Peter Samaan

Samson Properties License #0225083255

Samson Properties

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1890

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 14x83

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 1,050 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Laundry in Basement

Utilities

  • Cooling System Utilizes Natural Gas
  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Wilm #25 Subdivision

Listing and Financial Details

  • Tax Lot 719
  • Assessor Parcel Number 26-034.30-719

Townhouse Details

Home Type

Townhome

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Upper 1
  • Year Built: 1890
  • Remarks Public: This three bedroom home is now available for purchase. The property is currently tenant occupied and offers an excellent opportunity to earn strong cash flow. All showings must be requested with 48 hour notice in order to notify the tenant. Property is one of a portfolio of 24 units. You may buy one or entire package. Call for details of our list of other units.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 1050
  • Living Area Sq Ft: 1050
  • Net Sq Ft: 1050.00
  • Price Per Sq Ft: 38.00
  • Above Grade Finished Sq Ft: 1050
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1018

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco, Brick
  • 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
  • Cooling Fuel: Natural Gas
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • 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
  • Senior Community: No

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890

Lot Info

  • Improvement Assessed Value: 18400.00
  • Land Assessed Value: 2800.00
  • Lot Size Acres: 0.03
  • Lot Dimensions: 14X83
  • 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: 2410601
  • Tax Annual Amount: 990.00
  • Assessor Parcel Number: 26-034.30-719
  • Tax Lot: 719
  • Tax Data Updated: No
  • Tax Year: 2017
  • Close Date: 02/08/2019

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2018
Closed on
Feb 6, 2019
Sold by
A M Allred Investments Llc
Bought by
Hindt Richard
Seller's Agent
Peter Meyer
Meyer & Meyer Realty
Buyer's Agent
Peter Samaan
Samson Properties
List Price
$39,900
Sold Price
$34,000
Premium/Discount to List
-$5,900
-14.79%
Current Estimated Value
$138,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,389
Avg. Annual Appreciation
21.51%

Purchase Details

Closed on
May 22, 2007
Sold by
Priority Real Estate Management Llc
Bought by
Barnes Johnny E

Purchase Details

Closed on
Nov 1, 2006
Sold by
Barnes Johnny E
Bought by
Priority Real Estate Management Llc

Purchase Details

Closed on
Sep 6, 2005
Sold by
Martinez Cecilia
Bought by
Hobbs Betty C and Cook Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,400
Interest Rate
6%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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Average Value
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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
Hindt Richard -- None Available
Barnes Johnny E -- None Available
Priority Real Estate Management Llc -- None Available
Hobbs Betty C $24,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barnes Johnny $14,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2019 02/08/19 Sold $34,000 -14.8% $32 / Sq Ft
01/07/2019 01/07/19 Pending -- -- --
11/01/2018 11/01/18 For Sale $39,900 -- $38 / 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 $782 $21,200 $2,800 $18,400
2023 $762 $21,200 $2,800 $18,400
2022 $754 $21,200 $2,800 $18,400
2021 $735 $21,200 $2,800 $18,400
2020 $713 $21,200 $2,800 $18,400
2019 $1,043 $21,200 $2,800 $18,400
2018 $1,097 $21,200 $2,800 $18,400
2017 $983 $21,200 $2,800 $18,400
2016 $983 $21,200 $2,800 $18,400
2015 $921 $21,200 $2,800 $18,400
2014 $920 $21,200 $2,800 $18,400
Source: Public Records

Agents Affiliated with this Home

  • Peter Meyer

    Seller's Agent in 2019

    Peter Meyer

    Meyer & Meyer Realty

    (302) 218-2790

    10 in this area

    133 Total Sales

    Peter Meyer
    Section Image
  • Peter Samaan

    Buyer's Agent in 2019

    Peter Samaan

    Samson Properties

    (703) 568-3009

    103 Total Sales

    Peter Samaan
    Section Image
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Map

Source: Bright MLS

MLS Number: DENC100638

Bright MLS

APN: 26-034.30-719

Delaware New Castle County Wilmington 19805 Hedgeville

1018 Read St, Wilmington, DE

This home is located at 1018 Read St, Wilmington, DE 19805 since 01 November 2018 and is currently estimated at $138,389, approximately $131 per square foot. This property was built in 1890. 1018 Read St is a home located in New Castle County with nearby schools including The Bayard School, Newark High School, and St. Peter Cathedral School.

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