NOT LISTED FOR SALE

1040 Mcdowell St Wilmington, DE 19805

Little Italy Neighborhood

Estimated Value: $297,000 - $402,000

2 Beds
1.5 Baths
1,700 Sq Ft
$212/Sq Ft Est. Value

Last Sold April 28, 2014

Last sale price $161,000 $95 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $2,080/month

Highlights

  • 0.07 Acre Lot
  • Colonial Architecture
  • 1 Fireplace
  • Dupont (H.B.) Middle School Rated A
  • Deck
  • 4-minute walk to Father Tucker Memorial Park

About This Home

As of April 2014

Rare, single detached city home with driveway in Little Italy, blocks from Trolley Square! This home has 2 bedrooms and 1.5 baths and sits on a corner lot. Enter into a tiled foyer which opens into the large eat in kitchen. The dining room connects to a sunken living room with built in shelving and a fireplace. Open the sliders to a nice deck and fenced yard, all with views of the city. Upstairs boasts 2 bedrooms and a large full bath, accessible from the hall and the master BR. Newer (2009) Trane furnace, bamboo flooring and full basement with laundry and workshop. House is a short sale and subject to third party approval.

Last Agent to Sell the Property

Corby Spruance

(302) 530-1898 corby@lnf.com Long & Foster Real Estate, Inc. Listed on: 01/15/2014

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Mary Jo Laskaris

(302) 383-9644 mary.laskaris@lnf.com Long & Foster Real Estate, Inc. License #R3-0006355

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1984

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 20x52
  • Property is in below average condition
  • Property is zoned 26R-3

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Stucco

Interior Spaces

  • 1,700 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom

Basement

  • Partial Basement
  • Laundry in Basement

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Private Parking
  • Driveway

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 139
  • Assessor Parcel Number 26-020.30-139

Home Details

Home Type

Single Family

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1984
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Skylight(s), Ceiling Fan(s), Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Basement
  • Total Sq Ft: 1700
  • Living Area Sq Ft: 1700
  • Net Sq Ft: 1700.00
  • Price Per Sq Ft: 105.29
  • Above Grade Finished Sq Ft: 1700
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3
  • Parking Features: Private
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • 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

  • Improvement Assessed Value: 57300.00
  • Land Assessed Value: 7700.00
  • Lot Size Acres: 0.07
  • Lot Dimensions: 20X52
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Below Average
  • Zoning: 26R-3

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2398221
  • Tax Annual Amount: 2536.00
  • Assessor Parcel Number: 26-020.30-139
  • Tax Lot: 139
  • Tax Year: 2013
  • Close Date: 04/28/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2014
Closed on
Apr 28, 2014
Sold by
Thiravong Pete and Thongdeng Outhay
Bought by
Cole Ronald P and Cole Suchitra
Seller's Agent
Corby Spruance
Long & Foster Real Estate, Inc.
Buyer's Agent
Mary Jo Laskaris
Long & Foster Real Estate, Inc.
List Price
$179,000
Sold Price
$161,000
Premium/Discount to List
-$18,000
-10.06%
Current Estimated Value
$360,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,526
Avg. Annual Appreciation
5.89%
Original Mortgage
$144,900
Outstanding Balance
$113,387
Interest Rate
4.36%
Mortgage Type
New Conventional
Estimated Equity
$196,378

Purchase Details

Closed on
Sep 30, 2004
Sold by
Cunningham Emily W
Bought by
Thiravong Pete and Thongdeng Outhay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Cole Ronald P $161,000 None Available
Thiravong Pete $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cole Ronald P $144,900
Previous Owner Thiravong Pete $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2014 04/28/14 Sold $161,000 -10.1% $95 / Sq Ft
04/02/2014 04/02/14 Pending -- -- --
01/15/2014 01/15/14 For Sale $179,000 -- $105 / 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 $2,028 $65,000 $7,700 $57,300
2023 $1,763 $65,000 $7,700 $57,300
2022 $1,771 $65,000 $7,700 $57,300
2021 $1,768 $65,000 $7,700 $57,300
2020 $1,778 $65,000 $7,700 $57,300
2019 $3,084 $65,000 $7,700 $57,300
2018 $1,770 $65,000 $7,700 $57,300
2017 $1,767 $65,000 $7,700 $57,300
2016 $1,674 $65,000 $7,700 $57,300
2015 $2,754 $65,000 $7,700 $57,300
2014 $2,615 $65,000 $7,700 $57,300
Source: Public Records

Agents Affiliated with this Home

  • Corby Spruance

    Seller's Agent in 2014

    Corby Spruance

    Long & Foster

    (302) 530-1898

    1 in this area

    49 Total Sales

    Corby Spruance
    Section Image
  • Mary Jo Laskaris

    Buyer's Agent in 2014

    Mary Jo Laskaris

    Long & Foster

    (302) 383-9644

    37 Total Sales

    Mary Jo Laskaris
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002782088

Bright MLS

APN: 26-020.30-139

Delaware New Castle County Wilmington 19805 Little Italy

1040 Mcdowell St, Wilmington, DE

This home is located at 1040 Mcdowell St, Wilmington, DE 19805 since 15 January 2014 and is currently estimated at $360,526, approximately $212 per square foot. This property was built in 1984. 1040 Mcdowell St is a home located in New Castle County with nearby schools including Warner Elementary School, Dupont (H.B.) Middle School, and Alexis I. du Pont High School.

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