$319,900
SOLD SEP 12, 2024
2 Beds
2 Baths
1,544 Sq Ft
$1,139/mo HOA Fee

Recently Sold

$207 Per Sq Ft

6% Below List Price

3 Days on Market

Highlights

  • Fitness Center
  • Contemporary Architecture
  • Community Indoor Pool
  • 24-Hour Security
  • Wood Flooring
  • Party Room

About This Home

As of September 2024

Ready to right-size to a sophisticated life-style . . . then welcome to Unit #112 at the recently updated Park Plaza condominium building, located in downtown Wilmington! This premier, luxury 2 bedroom, 2 bath unit offers tremendous value in one of the best maintained buildings in the area. The stately setting of Park Plaza from the street approach, includes extensive hardscaping ,well-groomed landscaping and a well-maintained parking area and entry. The oversized covered entry provides ease of living for easy loading and unloading. Unit #112 includes a dedicated, secure parking spot in the below grade garage with secure parking gate. Once inside, take one of 3 elevators to the first floor to 112, a fantastic two bedroom residence. Enter through double doors and oversized entry, this residence boasts 1,544 SF with an updated white kitchen with granite counters and backsplash. The open floor plan is ideal for entertaining with dining and living room and two walls of windows. Primary bedroom includes ample closets with ensuite soaking tub and separate shower. There is a second bedroom and full bathroom. Enjoy coffee on the private balcony. This luxury complex includes a full indoor pool, renovated fitness center, multiple patios for sun bathing, lounging or socializing, a newly renovated party room for congregating and 24/7 onsite desk security in the large lobby area. Enjoy hiking, biking, walking along the Brandywine Creek, as well as the new pickleball courts across the street, it's like having your own private courts! This is a great value in a premier building!

Last Agent to Sell the Property

Stephen Mottola

Compass License #R3-0010595 Listed on: 08/01/2024

Compass

Co-Listed By

Margaret Simpers

Compass

Last Buyer's Agent

Susan Kauffman

BHHS Fox & Roach-Chadds Ford License #RS0025284

BHHS Fox & Roach-Chadds Ford

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1989 | Remodeled in 2020

Lot Details

  • 1 Common Wall
  • Property is in excellent condition

HOA Fees

  • $1,139 Monthly HOA Fees

Parking

  • Assigned parking located at ##334
  • Private Parking
  • Garage Door Opener
  • Secure Parking

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Stone Siding
  • Masonry

Interior Spaces

  • 1,544 Sq Ft Home
  • Property has 1 Level
  • Ceiling height of 9 feet or more
  • Sliding Windows
  • Double Door Entry

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Home Security

  • Security Gate
  • Intercom

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Geothermal Heating and Cooling
  • 60 Gallon+ Electric Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 069.C.0100
  • Assessor Parcel Number 26-021.10-069.C.0112

Community Details

Overview

  • $75 Elevator Use Fee
  • $3,000 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, snow removal, trash, water, sewer, insurance, management
  • 124 Units
  • High-Rise Condominium
  • Park Plaza Subdivision
  • Property Manager

Amenities

  • Party Room
  • Elevator

Recreation

  • Heated Community Pool
  • Lap or Exercise Community Pool
  • Saltwater Community Pool

Pet Policy

  • No Pets Allowed

Security

  • 24-Hour Security
  • Front Desk in Lobby
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 1989 | Remodeled in 2020

Lot Details

0

HOA Fees

$1,139 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-08-01
  • Year Built: 1989
  • Year Renovated: 2020
  • Assigned Parking Space Numbers: #334
  • Automatically Close On Close Date: No
  • Remarks Public: Ready to right-size to a sophisticated life-style . . . then welcome to Unit #112 at the recently updated Park Plaza condominium building, located in downtown Wilmington! This premier, luxury 2 bedroom, 2 bath unit offers tremendous value in one of the best maintained buildings in the area. The stately setting of Park Plaza from the street approach, includes extensive hardscaping ,well-groomed landscaping and a well-maintained parking area and entry. The oversized covered entry provides ease of living for easy loading and unloading. Unit #112 includes a dedicated, secure parking spot in the below grade garage with secure parking gate. Once inside, take one of 3 elevators to the first floor to 112, a fantastic two bedroom residence. Enter through double doors and oversized entry, this residence boasts 1,544 SF with an updated white kitchen with granite counters and backsplash. The open floor plan is ideal for entertaining with dining and living room and two walls of windows. Primary bedroom includes ample closets with ensuite soaking tub and separate shower. There is a second bedroom and full bathroom. Enjoy coffee on the private balcony. This luxury complex includes a full indoor pool, renovated fitness center, multiple patios for sun bathing, lounging or socializing, a newly renovated party room for congregating and 24/7 onsite desk security in the large lobby area. Enjoy hiking, biking, walking along the Brandywine Creek, as well as the new pickleball courts across the street, it's like having your own private courts! This is a great value in a premier building!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator, Microwave, Dryer - Electric, Disposal, Dishwasher, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Wood, Tile/Brick
  • Interior Amenities: Sprinkler System, Elevator, Kitchen - Eat-In
  • Window Features: Sliding
  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Door Features: Double Entry
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1544
  • Living Area Sq Ft: 1544
  • Price Per Sq Ft: 219.56
  • Above Grade Finished Sq Ft: 1544
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1100

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stone, Masonry, Concrete
  • Exterior Features: Sidewalks, Bbq Grill, Secure Storage, Exterior Lighting
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Assigned Spaces Count: 1
  • Garage: Yes
  • Parking Features: Assigned, Concrete Driveway, Private, Secure Parking
  • Garage Features: Garage Door Opener
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric, Geothermal
  • Cooling Type: Central A/C
  • Heating Fuel: Electric, Geo-Thermal
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric, 60+ Gallon Tank
  • Security: 24 Hour Security, Desk In Lobby, Fire Detection System, Intercom, Main Entrance Lock, Security Gate, Smoke Detector, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Phone
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 3415.98
  • Condo Co-Op Fee Frequency: Quarterly
  • Elevator Use Fee: 75.00
  • HOA Condo Co-Op Amenities: Fitness Center, Elevator, Party Room, Pool - Indoor, Security, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Snow Removal, Trash, Water, Sewer, Insurance, Management
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground, Lap/Exercise, Heated, Saltwater

Fee Information

  • Capital Contribution Fee: 3000.00

Schools

  • School District: RED CLAY CONSOLIDATED
  • School District Key: 300200396545
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: 26R5B
  • In City Limits: Yes

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 2850.00
  • Tax Annual Amount: 5280.00
  • Assessor Parcel Number: 26-021.10-069.C.0112
  • Tax Lot: 069.C.0100
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 09/12/2024

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Sep 12, 2024
Sold by
Crouch Robert T and Crouch Patricia C
Bought by
Kauffman Robin and Saran Bruce
Seller's Agent
Stephen Mottola
Compass
Buyer's Agent
Susan Kauffman
BHHS Fox & Roach-Chadds Ford
List Price
$339,000
Sold Price
$319,900
Premium/Discount to List
-$19,100
-5.63%
Views
68
Current Estimated Value
$345,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,866
Avg. Annual Appreciation
10.63%

Purchase Details

Listed on
Jul 28, 2016
Closed on
Nov 18, 2016
Sold by
Rivera Ricarte D
Bought by
Mcmasters William W and Mcmasters Teri L
Seller's Agent
Herschel Quillen
H H Quillen & Company
Buyer's Agent
Sophia Bilinsky
BHHS Fox & Roach-Kennett Sq
List Price
$169,000
Sold Price
$169,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.50%

Purchase Details

Listed on
Feb 18, 2013
Closed on
May 10, 2013
Sold by
Poole Richard E and Poole Elisabeth S
Bought by
Rivera Ricarte D
Seller's Agent
Herschel Quillen
H H Quillen & Company
Buyer's Agent
Tom Riccio
RE/MAX Elite
List Price
$167,500
Sold Price
$167,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.25%
Original Mortgage
$125,600
Interest Rate
3.45%
Mortgage Type
New Conventional
Source: Public Records

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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 Type Sale Price Title Company
Deed $319,900 None Listed On Document
Deed $169,000 None Available
Deed $167,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $125,600 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2024 09/12/24 Sold $319,900 -5.6% $207 / Sq Ft
08/05/2024 08/05/24 Pending -- -- --
08/01/2024 08/01/24 For Sale $339,000 +61.4% $220 / Sq Ft
01/15/2021 01/15/21 Sold $210,000 -6.7% $132 / Sq Ft
01/13/2021 01/13/21 Price Changed $225,000 0.0% $142 / Sq Ft
01/13/2021 01/13/21 For Sale $225,000 0.0% $142 / Sq Ft
11/13/2020 11/13/20 For Sale $225,000 0.0% $142 / Sq Ft
09/19/2020 09/19/20 Pending -- -- --
08/11/2020 08/11/20 For Sale $225,000 +33.1% $142 / Sq Ft
11/18/2016 11/18/16 Sold $169,000 0.0% $109 / Sq Ft
11/04/2016 11/04/16 Pending -- -- --
07/28/2016 07/28/16 For Sale $169,000 +0.9% $109 / Sq Ft
05/03/2013 05/03/13 Sold $167,500 0.0% $108 / Sq Ft
04/12/2013 04/12/13 Pending -- -- --
02/18/2013 02/18/13 For Sale $167,500 -- $108 / 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 $3,598 $115,300 $26,000 $89,300
2023 $3,127 $115,300 $26,000 $89,300
2022 $3,141 $115,300 $26,000 $89,300
2021 $3,136 $115,300 $26,000 $89,300
2020 $3,154 $115,300 $26,000 $89,300
2019 $2,300 $115,300 $26,000 $89,300
2018 $848 $115,300 $26,000 $89,300
2017 $5,109 $115,300 $26,000 $89,300
2016 $5,109 $115,300 $26,000 $89,300
2015 $4,886 $115,300 $26,000 $89,300
2014 $4,638 $115,300 $26,000 $89,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2065248

Bright MLS

APN: 26-021.10-069.C-0112