NOT LISTED FOR SALE

1022 W 3rd St Wilmington, DE 19805

Estimated Value: $120,000 - $199,000

3 Beds
1 Bath
1,375 Sq Ft
$113/Sq Ft Est. Value

Last Sold April 02, 2019

Last sale price $56,500 $41 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $877/month

10 Days on Market

Highlights

  • Traditional Architecture
  • Radiator
  • 1-minute walk to Adams Street Courts
  • No HOA

About This Home

As of April 2019

Looking for a turn-key rental property? Now's your chance to own a performing rental with no hassles. Tenant and lease are already in place! Extremely spacious downstairs with a Kitchen, Dining Room, Great Room and Foyer. The second level includes 3 bedrooms, a large bathroom and a bonus room that could be used as an office, oversized closet or additional bedroom. Quiet block. Tenant currently pays $875/month

Last Agent to Sell the Property

Shane Pezick

RE/MAX Associates-Wilmington Listed on: 02/18/2019

RE/MAX Associates-Wilmington

Last Buyer's Agent

SCOTT FINE

A Fine Appraisal Service

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $601

Year Built

  • Built in 1890

Lot Details

  • 1,307 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,375 Sq Ft Home
  • Property has 2 Levels
  • Basement Fills Entire Space Under The House
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Radiator
  • Public Septic

Community Details

  • No Home Owners Association
  • Wilm #22 Subdivision

Listing and Financial Details

  • Tax Lot 204
  • Assessor Parcel Number 26-034.20-204

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$601

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1890
  • Remarks Public: Looking for a turn-key rental property? Now's your chance to own a performing rental with no hassles. Tenant and lease are already in place! Extremely spacious downstairs with a Kitchen, Dining Room, Great Room and Foyer. The second level includes 3 bedrooms, a large bathroom and a bonus room that could be used as an office, oversized closet or additional bedroom. Quiet block. Tenant currently pays $875/month
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator
  • Levels Count: 2
  • Room Count: 9
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1375
  • Living Area Sq Ft: 1375
  • Price Per Sq Ft: 43.64
  • Above Grade Finished Sq Ft: 1375
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1022

Beds/Baths

  • Bedrooms: 3
  • 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, 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
  • Type Of Parking: On Street

Utilities

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

Condo/Co-op/Association

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

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 11200.00
  • Land Assessed Value: 1800.00
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Zoning: 26R-3
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2409629
  • School Tax: 320.00
  • Tax Annual Amount: 601.00
  • Assessor Parcel Number: 26-034.20-204
  • Tax Lot: 204
  • Tax Total Finished Sq Ft: 1375
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 04/02/2019

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2019
Closed on
Apr 2, 2019
Sold by
Sgs Properties Llc
Bought by
Williams Waymon L
Seller's Agent
Shane Pezick
RE/MAX Associates-Wilmington
Buyer's Agent
SCOTT FINE
A Fine Appraisal Service
List Price
$60,000
Sold Price
$56,500
Premium/Discount to List
-$3,500
-5.83%
Current Estimated Value
$154,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,316
Avg. Annual Appreciation
12.99%
Original Mortgage
$48,025
Outstanding Balance
$42,650
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$80,982

Purchase Details

Closed on
Jan 15, 2019
Sold by
Alicea Juan R and Bank Of America Na
Bought by
Sgs Properties Llc

Purchase Details

Closed on
Mar 19, 2008
Sold by
Glover Chad J and Glover Tiffany D
Bought by
Alicea Juan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 2007
Sold by
National City Bank
Bought by
Glover Chad J and Glover Tiffany D

Purchase Details

Closed on
Jan 8, 2007
Sold by
Moyer Shannon M and Deutsche Bank Trust Co America
Bought by
National City Bank

Purchase Details

Closed on
Jan 27, 2005
Sold by
Shayer Investors Llc
Bought by
Moyer Shannon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
5.83%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 30, 2003
Sold by
Shannon Dominick A and Shannon Michele L
Bought by
Shayer Investors Llc

Purchase Details

Closed on
Apr 21, 2003
Sold by
Pacheco Madeline
Bought by
Wilmington Savings Fund Society Fsb
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
Williams Waymon L $56,500 None Available
Sgs Properties Llc $25,000 None Available
Alicea Juan R $95,000 Stewart Title Guaranty Co
Glover Chad J $53,500 None Available
National City Bank $76,500 None Available
Moyer Shannon M -- --
Shayer Investors Llc -- --
Wilmington Savings Fund Society Fsb $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Waymon L $48,025
Previous Owner Alicea Juan R $95,000
Previous Owner Moyer Shannon M $85,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2019 04/02/19 Sold $56,500 -5.8% $41 / Sq Ft
02/28/2019 02/28/19 Pending -- -- --
02/18/2019 02/18/19 For Sale $60,000 -- $44 / 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 $406 $13,000 $1,800 $11,200
2023 $353 $13,000 $1,800 $11,200
2022 $354 $13,000 $1,800 $11,200
2021 $354 $13,000 $1,800 $11,200
2020 $356 $13,000 $1,800 $11,200
2019 $617 $13,000 $1,800 $11,200
2018 $423 $13,000 $1,800 $11,200
2017 $576 $13,000 $1,800 $11,200
2016 $576 $13,000 $1,800 $11,200
2015 $551 $13,000 $1,800 $11,200
2014 $523 $13,000 $1,800 $11,200
Source: Public Records

Agents Affiliated with this Home

  • Shane Pezick

    Seller's Agent in 2019

    Shane Pezick

    RE/MAX

    (302) 354-7121

    218 Total Sales

    Shane Pezick
    Section Image

  • S

    Buyer's Agent in 2019

    SCOTT FINE

    A Fine Appraisal Service

See All Agents

Map

Source: Bright MLS

MLS Number: DENC416122

Bright MLS

APN: 26-034.20-204

Delaware New Castle County Wilmington 19805

1022 W 3rd St, Wilmington, DE

This home is located at 1022 W 3rd St, Wilmington, DE 19805 since 18 February 2019 and is currently estimated at $154,816, approximately $112 per square foot. This property was built in 1890. 1022 W 3rd 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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