NOT LISTED FOR SALE

109 E 39th St Wilmington, DE 19802

Estimated Value: $110,000 - $173,000

1 Bed
1 Bath
550 Sq Ft
$280/Sq Ft Est. Value

Last Sold August 24, 2022

Last sale price $72,000 $131 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $917/month

6 Days on Market

Highlights

  • No HOA
  • Living Room
  • Bungalow
  • Pierre S. Dupont Middle School Rated A-
  • Level Entry For Accessibility
  • Dining Room

About This Home

As of August 2022

Perfect investment opportunity for a well-kept bungalow on a quiet dead-end street. Excellent opportunity for an investor or owner occupant to purchase this property in the popular community of Penn Rose. Entering this home, you are greeted with a heated sitting porch. The perfect opportunity to sit back and relax in this area and look at the views outside. Just inside is well maintained laminated flooring leading to a dining room, well maintained kitchen that has a washer and dryer located in it. Just to the right is the full bathroom with a standup shower and a large master bedroom. Property is tenant occupied at $815 per month. Currently property is leased, and it expires Sept 30, 2022. Guaranteed rent currently leased to Conexio Care. Seller currently pays water, sewer and trash collection (roughly $50 per month). Great property to own with all the amenities, nice basement, and nice size fenced backyard. Schedule and appointment today. Add this property to your tour today!

Last Agent to Sell the Property

Samuel Barksdale

Barksdale & Affiliates Realty License #679031 Listed on: 08/02/2022

Last Buyer's Agent

Jane Katsnelson

Thyme Real Estate Co LLC License #RS-0025060

Thyme Real Estate Co LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $849

Year Built

  • Built in 1930

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 20.00 x 107.50
  • Property is zoned NC5

Parking

  • On-Street Parking

Home Design

  • Bungalow
  • Block Foundation
  • Asbestos

Interior Spaces

  • 550 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Level Entry For Accessibility

Utilities

  • Hot Water Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Penn Rose Subdivision

Listing and Financial Details

  • Tax Lot 134
  • Assessor Parcel Number 06-144.00-134

Home Details

Home Type

Single Family

Est. Annual Taxes

$849

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-08-02
  • Year Built: 1930
  • Automatically Close On Close Date: Yes
  • Remarks Public: Perfect investment opportunity for a well-kept bungalow on a quiet dead-end street. Excellent opportunity for an investor or owner occupant to purchase this property in the popular community of Penn Rose. Entering this home, you are greeted with a heated sitting porch. The perfect opportunity to sit back and relax in this area and look at the views outside. Just inside is well maintained laminated flooring leading to a dining room, well maintained kitchen that has a washer and dryer located in it. Just to the right is the full bathroom with a standup shower and a large master bedroom. Property is tenant occupied at $815 per month. Currently property is leased, and it expires Sept 30, 2022. Guaranteed rent currently leased to Conexio Care. Seller currently pays water, sewer and trash collection (roughly $50 per month). Great property to own with all the amenities, nice basement, and nice size fenced backyard. Schedule and appointment today. Add this property to your tour today!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Block
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 550
  • Living Area Sq Ft: 550
  • Price Per Sq Ft: 136.36
  • Above Grade Finished Sq Ft: 550
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 109

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • 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: Asbestos
  • 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: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • 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: BRANDYWINE
  • School District Key: 300200396892
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 20500.00
  • Land Assessed Value: 3500.00
  • Lot Size Acres: 0.05
  • Lot Dimensions: 20.00 x 107.50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Year Assessed: 2021
  • Zoning: NC5
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2247124
  • School Tax: 650.00
  • Tax Annual Amount: 849.00
  • Assessor Parcel Number: 06-144.00-134
  • Tax Lot: 134
  • Tax Total Finished Sq Ft: 550
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 08/24/2022

MLS Schools

  • School District Name: BRANDYWINE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2022
Closed on
Aug 24, 2022
Sold by
Joshua Lafferty
Bought by
Peregrinus Ventures Llc
Seller's Agent
Samuel Barksdale
Barksdale & Affiliates Realty
Buyer's Agent
Jane Katsnelson
Thyme Real Estate Co LLC
List Price
$85,000
Sold Price
$72,000
Premium/Discount to List
-$13,000
-15.29%
Views
6
Current Estimated Value
$153,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,869
Avg. Annual Appreciation
25.84%

Purchase Details

Listed on
May 30, 2018
Closed on
Jul 23, 2018
Sold by
109 East Thirty Ninth Series Of Marathon
Bought by
Lafferty Joshua
Seller's Agent
Robert Andress
Concord Realty Group
Buyer's Agent
Samuel Barksdale
Barksdale & Affiliates Realty
List Price
$55,000
Sold Price
$50,000
Premium/Discount to List
-$5,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.32%
Original Mortgage
$42,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2007
Sold by
Andress Robert F
Bought by
109 East Thirty Ninth Series Of Marathon

Purchase Details

Closed on
Jul 9, 2004
Sold by
Russell Teresa M
Bought by
Andress Robert F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,200
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 25, 2001
Sold by
Mclaughlin Willard F
Bought by
Russell Teresa M
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
Peregrinus Ventures Llc -- None Listed On Document
Lafferty Joshua -- None Available
109 East Thirty Ninth Series Of Marathon -- None Available
Andress Robert F $50,250 --
Russell Teresa M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peregrinus Ventures Llc $100,100
Previous Owner Lafferty Joshua $42,500
Previous Owner Andress Robert F $40,200
Closed Andress Robert F $4,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2022 08/24/22 Sold $72,000 -4.0% $131 / Sq Ft
08/09/2022 08/09/22 Pending -- -- --
08/07/2022 08/07/22 Price Changed $75,000 -11.8% $136 / Sq Ft
08/02/2022 08/02/22 For Sale $85,000 +70.0% $155 / Sq Ft
07/23/2018 07/23/18 Sold $50,000 -9.1% $91 / Sq Ft
06/12/2018 06/12/18 Pending -- -- --
05/30/2018 05/30/18 For Sale $55,000 -- $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 $937 $24,000 $3,500 $20,500
2023 $858 $24,000 $3,500 $20,500
2022 $868 $24,000 $3,500 $20,500
2021 $868 $24,000 $3,500 $20,500
2020 $868 $24,000 $3,500 $20,500
2019 $1,136 $24,000 $3,500 $20,500
2018 $195 $24,000 $3,500 $20,500
2017 $816 $24,000 $3,500 $20,500
2016 $816 $24,000 $3,500 $20,500
2015 $752 $24,000 $3,500 $20,500
2014 $752 $24,000 $3,500 $20,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2028808

Bright MLS

APN: 06-144.00-134