NOT LISTED FOR SALE

107 E 40th St Wilmington, DE 19802

Estimated Value: $252,423 - $306,000

3 Beds
1.5 Baths
1,500 Sq Ft
$184/Sq Ft Est. Value

Last Sold July 28, 2022

Last sale price $188,500 $126 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,558/month

3 Days on Market

Highlights

  • No HOA
  • 1 Car Detached Garage
  • Living Room
  • Pierre S. Dupont Middle School Rated A-
  • Enclosed Patio or Porch
  • Bungalow

About This Home

As of July 2022

Looking for 1930's charm with today modern convinces? Then this is the home for you. As you approach the home you will see the adorable cottage charm this home offers a brand-new roof, windows and gutters. The detached one car garage is perfect parking on your hobby workshop. As you enter the home through the light filled enclosed porch you are welcomed into the open concept living and dining room featuring beautiful new flooring, new drywall and new windows. To the right of the living room is Bedroom #2 which has has also been renovated with new drywall, trim, and flooring. Past the dining room is the charming kitchen with access to bedroom #3, 1/2 bathroom and access to the rear deck and fully fenced backyard. Upstairs you'll find the full bath including laundry area, tons of storage in the eves and a spacious primary bedroom. The large primary bedroom offers plenty of closet space along with crawlspace storage and a sitting area. The full basement offers plenty of storage space with rear yard bilco doors for your larger items.

Last Agent to Sell the Property

Marissa Binkley

(302) 383-1904 mbinkley@psre.com Compass Listed on: 06/17/2022

Compass

Last Buyer's Agent

Marilyn Green

(888) 764-7336 bgreen@bertgreenassoc.com RE/MAX Associates-Wilmington License #R1-0001374

RE/MAX Associates-Wilmington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,399

Year Built

  • Built in 1930

Lot Details

  • 4,356

Parking

  • 1 Car Detached Garage
  • 3 Driveway Spaces
  • On-Street Parking

Home Design

  • Bungalow
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Built-In Microwave
  • Laundry on upper level

Bedrooms and Bathrooms

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Additional Features

  • Enclosed Patio or Porch
  • 4,356 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Wilmington Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0614400146

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,399

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • Exclusions: Personal property including portable air conditioners
  • Inclusions: Appliances including portable dishwasher
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1930
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave
  • Foundation Details: Stone
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bathroom 3
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Upper Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1500
  • Living Area Sq Ft: 1500
  • Price Per Sq Ft: 123.33
  • Above Grade Finished Sq Ft: 1500
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Detached Garage, Driveway, On Street
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Ceiling Fan(s)
  • 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 Source: Listing Agent

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4356.00
  • Outdoor Living Structures: Enclosed
  • Zoning: RES
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 2247137
  • Tax Annual Amount: 1399.00
  • Assessor Parcel Number: 0614400146
  • Tax Year: 2021

MLS Schools

  • School District Name: BRANDYWINE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Jul 28, 2022
Sold by
Greene Megan R
Bought by
Darby Glenda
Seller's Agent
Marissa Binkley
Compass
Buyer's Agent
Marilyn Green
RE/MAX Associates-Wilmington
List Price
$185,000
Sold Price
$188,500
Premium/Discount to List
$3,500
1.89%
Current Estimated Value
$276,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,106
Avg. Annual Appreciation
11.65%
Original Mortgage
$160,225
Outstanding Balance
$153,411
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$123,195

Purchase Details

Listed on
Jul 17, 2013
Closed on
Feb 21, 2014
Sold by
107E40th Llc
Bought by
Greene Megan R
Seller's Agent
Philip Berger
BHHS Fox & Roach-Concord
Buyer's Agent
Paula Boulden
Century 21 Gold Key Realty
List Price
$99,900
Sold Price
$92,000
Premium/Discount to List
-$7,900
-7.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.88%
Original Mortgage
$90,333
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 11, 2011
Sold by
Berger Diane and Andress Robert F
Bought by
107E40th Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 5, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Berger Diane and Andress Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2002
Sold by
Va
Bought by
Moore Wendell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,900
Interest Rate
6.61%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Darby Glenda -- None Listed On Document
Greene Megan R $69,000 None Available
107E40th Llc -- None Available
Berger Diane $40,000 None Available
Moore Wendell -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Darby Glenda $160,225
Previous Owner Greene Megan R $90,333
Previous Owner 107E40th Llc $60,000
Previous Owner Moore Wendell $96,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/28/2022 07/28/22 Sold $188,500 +1.9% $126 / Sq Ft
06/21/2022 06/21/22 Pending -- -- --
06/17/2022 06/17/22 For Sale $185,000 +101.1% $123 / Sq Ft
02/24/2014 02/24/14 Sold $92,000 -3.1% $80 / Sq Ft View Prior Sale
01/08/2014 01/08/14 Pending -- -- --
12/17/2013 12/17/13 Price Changed $94,900 -5.0% $83 / Sq Ft
11/15/2013 11/15/13 For Sale $99,900 0.0% $87 / Sq Ft
11/05/2013 11/05/13 Pending -- -- --
09/10/2013 09/10/13 Price Changed $99,900 -9.1% $87 / Sq Ft
08/04/2013 08/04/13 Price Changed $109,900 -4.4% $96 / Sq Ft
07/17/2013 07/17/13 For Sale $115,000 -- $100 / 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 $1,511 $38,700 $3,900 $34,800
2023 $1,384 $38,700 $3,900 $34,800
2022 $1,400 $38,700 $3,900 $34,800
2021 $1,400 $38,700 $3,900 $34,800
2020 $1,399 $38,700 $3,900 $34,800
2019 $1,614 $38,700 $3,900 $34,800
2018 $172 $38,700 $3,900 $34,800
2017 $1,316 $38,700 $3,900 $34,800
2016 $1,316 $38,700 $3,900 $34,800
2015 $1,212 $38,700 $3,900 $34,800
2014 $1,212 $38,700 $3,900 $34,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2025788

Bright MLS

APN: 06-144.00-146