NOT LISTED FOR SALE

Estimated Value: $72,000 - $140,000

3 Beds
1 Bath
1,025 Sq Ft
$103/Sq Ft Est. Value

Last Sold June 16, 2022

Last sale price $38,000 $37 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $616/month

55 Days on Market

Highlights

  • Straight Thru Architecture
  • Hot Water Heating System
  • 3-minute walk to Tatnall Playground/One Love Park
  • No HOA

About This Home

As of June 2022

Investor Alert! The home is being sold in as-is condition. This house has great bones, but it is in need of a major rehab. Please note that utilities, including electric, are off. Be sure to take a flashlight.
The seller will be making no repairs. No interior pictures. Seller has never lived in property so ability to disclose is limited. Perfect for an Investor to flip or hold as a rental, or for a buyer using a 203K renovation loan. Cash or renovation loans only. No repairs or credits toward repairs will be offered by the seller. Any construction materials or debris in the home will transfer with the sale and become the responsibility of the buyer. Bring your ideas and vision to this home.
Wilmington unveils $50M revitalization plan: "After months of planning, Mayor Mike Purzycki announced a $50 million residential redevelopment and stabilization plan Wednesday that he’s calling “the most ambitious housing and neighborhood plan in the city’s history.”

The investment is backed by $55.6 million allocated to the city via the American Rescue Plan Act (ARPA), the federal stimulus bill from the Biden administration that has pumped billions into states and cities around the country. " True Access Capital provides low interest loans with 30% of this loan will be forgiven. It appears that this house is located inside stated boundaries for Revitalization Plan. Please check - the contact info is on the Revitalization Plan Flyer.
Proof of funds for cash sale. Earned Money Deposit in certified funds should be payable to the Buyer's Title Company or Buyer's Agent Brokerage.

Last Agent to Sell the Property

Veta McCarther

VRA Realty License #RS354682 Listed on: 03/24/2022

VRA Realty

Last Buyer's Agent

Octavia Williams

Century 21 Gold Key Realty License #RS-0018625

Century 21 Gold Key Realty

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1913

Lot Details

  • 871 Sq Ft Lot
  • Lot Dimensions are 13.30 x 65.00

Parking

  • Off-Street Parking

Home Design

  • Straight Thru Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,025 Sq Ft Home
  • Property has 2 Levels
  • Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Lombardy Elementary School
  • Springer Middle School
  • Mount Pleasant High School

Utilities

  • Cooling System Utilizes Natural Gas
  • Hot Water Heating System
  • Public Septic

Community Details

  • No Home Owners Association
  • Wilmington Subdivision

Listing and Financial Details

  • Tax Lot 185
  • Assessor Parcel Number 26-022.40-185

Townhouse Details

Home Type

Townhome

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-03-24
  • Year Built: 1913
  • Automatically Close On Close Date: No
  • Remarks Public: Investor Alert! The home is being sold in as-is condition. This house has great bones, but it is in need of a major rehab. Please note that utilities, including electric, are off. Be sure to take a flashlight. The seller will be making no repairs. No interior pictures. Seller has never lived in property so ability to disclose is limited. Perfect for an Investor to flip or hold as a rental, or for a buyer using a 203K renovation loan. Cash or renovation loans only. No repairs or credits toward repairs will be offered by the seller. Any construction materials or debris in the home will transfer with the sale and become the responsibility of the buyer. Bring your ideas and vision to this home. Wilmington unveils $50M revitalization plan: "After months of planning, Mayor Mike Purzycki announced a $50 million residential redevelopment and stabilization plan Wednesday that he’s calling “the most ambitious housing and neighborhood plan in the city’s history.” The investment is backed by $55.6 million allocated to the city via the American Rescue Plan Act (ARPA), the federal stimulus bill from the Biden administration that has pumped billions into states and cities around the country. " True Access Capital provides low interest loans with 30% of this loan will be forgiven. It appears that this house is located inside stated boundaries for Revitalization Plan. Please check - the contact info is on the Revitalization Plan Flyer. Proof of funds for cash sale. Earned Money Deposit in certified funds should be payable to the Buyer's Title Company or Buyer's Agent Brokerage.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Total Sq Ft: 1025
  • Living Area Sq Ft: 1025
  • Price Per Sq Ft: 42.93
  • Above Grade Finished Sq Ft: 1025
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 105

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main 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: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Natural Gas
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Sewer/Septic System: Public Septic
  • Water Source: Community

Condo/Co-op/Association

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

Schools

  • School District: BRANDYWINE
  • Elementary School: LOMBARDY
  • Middle School: SPRINGER
  • High School: MOUNT PLEASANT
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396892
  • School District Source: Listing Agent
  • Elementary School: LOMBARDY
  • High School: MOUNT PLEASANT
  • Middle Or Junior School: SPRINGER

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 15000.00
  • Land Assessed Value: 1800.00
  • Lot Size Acres: 0.02
  • Lot Dimensions: 13.30 x 65.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 871.00
  • Year Assessed: 2021
  • Zoning: 26R-3
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2401264
  • School Tax: 455.00
  • Tax Annual Amount: 1121.00
  • Assessor Parcel Number: 26-022.40-185
  • Tax Lot: 185
  • Tax Total Finished Sq Ft: 1025
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 06/16/2022

MLS Schools

  • School District Name: BRANDYWINE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2022
Closed on
Jun 16, 2022
Sold by
Mahims Wholesale Llc
Bought by
Ivn Investments Llc
Seller's Agent
Veta McCarther
VRA Realty
Buyer's Agent
Octavia Williams
Century 21 Gold Key Realty
List Price
$48,000
Sold Price
$38,000
Premium/Discount to List
-$10,000
-20.83%
Current Estimated Value
$105,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,590
Avg. Annual Appreciation
41.88%

Purchase Details

Closed on
Feb 23, 2022
Sold by
Phillips Scott T
Bought by
Batson Jerry H and Parker Jennifer
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ivn Investments Llc -- Ward & Taylor Llc
Batson Jerry H $29,000 Kondraschow Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2022 06/16/22 Sold $38,000 -13.6% $37 / Sq Ft
05/19/2022 05/19/22 Pending -- -- --
04/05/2022 04/05/22 Price Changed $44,000 -8.3% $43 / Sq Ft
03/24/2022 03/24/22 For Sale $48,000 -- $47 / 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 $543 $16,800 $1,800 $15,000
2023 $493 $16,800 $1,800 $15,000
2022 $498 $16,800 $1,800 $15,000
2021 $10,705 $16,800 $1,800 $15,000
2020 $9,573 $16,800 $1,800 $15,000
2019 $836 $16,800 $1,800 $15,000
2018 $2,336 $16,800 $1,800 $15,000
2017 $790 $16,800 $1,800 $15,000
2016 $790 $16,800 $1,800 $15,000
2015 $745 $16,800 $1,800 $15,000
2014 $745 $16,800 $1,800 $15,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2020158

Bright MLS

APN: 26-022.40-185