NOT LISTED FOR SALE

1031 W 7th St Unit 1 Wilmington, DE 19805

Cool Spring-Tilton Park Neighborhood

Estimated Value: $162,000 - $199,360

3 Beds
1.5 Baths
-- Sq Ft
871 Sq Ft Lot

Last Sold March 29, 2019

Last sale price $50,000

Est. 262% increase in value since last sale

Current estimated payment $1,007/month

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • 5-minute walk to Tilton Park
  • No HOA

About This Home

As of March 2019

Long term tenant, section 8, located in the Cool Springs area of Wilmington. Property can be purchased in a group or individually, investment portfolio is 21 homes available. Call to view, please give 48 hour notice available to see.

Last Agent to Sell the Property

Peter Meyer

(302) 218-2790 peter@meyerrealty.net Meyer & Meyer Realty License #RB-0003304 Listed on: 01/18/2019

Last Buyer's Agent

Peter Meyer

(302) 218-2790 peter@meyerrealty.net Meyer & Meyer Realty License #RB-0003304 Listed on: 01/18/2019

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1920

Lot Details

  • 871

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Additional Features

  • 871 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Wilm #15 Subdivision

Listing and Financial Details

  • Tax Lot 315
  • Assessor Parcel Number 26-027.40-315

Townhouse Details

Home Type

Townhome

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: Stove, refrigerator
  • New Construction: No
  • Story List: Main
  • Year Built: 1920
  • Remarks Public: Long term tenant, section 8, located in the Cool Springs area of Wilmington. Property can be purchased in a group or individually, investment portfolio is 21 homes available. Call to view, please give 48 hour notice available to see.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1031

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half 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
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • 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: RED CLAY CONSOLIDATED
  • School District Key: 300200396545
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 16200.00
  • Land Assessed Value: 3600.00
  • Lot Size Acres: 0.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 871.00
  • Zoning: 26R-3
  • In City Limits: No

Rental Info

  • Total Actual Rent: 5820.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2404557
  • School Tax: 487.00
  • Tax Annual Amount: 915.00
  • Assessor Parcel Number: 26-027.40-315
  • Tax Lot: 315
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 03/29/2019

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2019
Closed on
Apr 5, 2019
Sold by
Larrygold Properties Llc
Bought by
Pierre Richard and Pierre Euviane
Seller's Agent
Peter Meyer
Meyer & Meyer Realty
Buyer's Agent
Peter Meyer
Meyer & Meyer Realty
List Price
$39,000
Sold Price
$50,000
Premium/Discount to List
$11,000
28.21%
Current Estimated Value
$180,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,840
Avg. Annual Appreciation
18.89%
Original Mortgage
$37,500
Outstanding Balance
$25,375
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$128,625

Purchase Details

Closed on
Nov 3, 2017
Sold by
Goldstein Lawrence
Bought by
Larrygold Properties Llcq

Purchase Details

Closed on
Aug 1, 1980
Bought by
Goldstein Lawrence
Source: Public Records

Range of Values:

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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
Pierre Richard $50,000 None Available
Larrygold Properties Llcq $110,000 None Available
Goldstein Lawrence $6,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pierre Richard $37,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2019 03/29/19 Sold $50,000 0.0% --
02/13/2019 02/13/19 Pending -- -- --
01/31/2019 01/31/19 Off Market $50,000 -- --
01/26/2019 01/26/19 Price Changed $49,000 +25.6% --
01/18/2019 01/18/19 For Sale $39,000 -- --
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 $618 $19,800 $3,600 $16,200
2023 $537 $19,800 $3,600 $16,200
2022 $539 $19,800 $3,600 $16,200
2021 $539 $19,800 $3,600 $16,200
2020 $542 $19,800 $3,600 $16,200
2019 $940 $19,800 $3,600 $16,200
2018 $670 $19,800 $3,600 $16,200
2017 $877 $19,800 $3,600 $16,200
2016 $877 $19,800 $3,600 $16,200
2015 $839 $19,800 $3,600 $16,200
2014 $797 $19,800 $3,600 $16,200
Source: Public Records

Agents Affiliated with this Home

  • Peter Meyer

    Seller's Agent in 2019

    Peter Meyer

    Meyer & Meyer Realty

    (302) 218-2790

    2 in this area

    128 Total Sales

    Peter Meyer
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Map

Source: Bright MLS

MLS Number: DENC318418

Bright MLS

APN: 26-027.40-315

Delaware New Castle County Wilmington 19805 Cool Spring-Tilton Park

1031 W 7th St Unit 1, Wilmington, DE

This home is located at 1031 W 7th St Unit 1, Wilmington, DE 19805 since 18 January 2019 and is currently estimated at $180,840. This property was built in 1920. 1031 W 7th St Unit 1 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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