NOT LISTED FOR SALE

Estimated Value: $264,000 - $355,485

1 Bed
2 Baths
-- Sq Ft
$762/mo HOA Fee

Last Sold February 16, 2022

Last sale price $205,000

Est. 54% increase in value since last sale

Current estimated payment $2,780/month

78 Days on Market

Highlights

  • Doorman
  • 24-Hour Security
  • Community Indoor Pool
  • Fitness Center
  • Contemporary Architecture
  • Meeting Room

About This Home

As of February 2022

Price reduced to allow value in renovating Park Plaza Condominiums #404, a 4th floor one bedroom with den residence with two full baths. Living room/dinning room open to outdoor balcony. Den could be used as office or guest bedroom. Condo has lots of closets and additional available storage. This residence was a rental property and is being sold in "as-is" condition. Park Plaza Condominiums recently completed common area lobby renovations, including lobby fitness room, hallways, conference rooms and outdoor grilling patio. Park Plaza has underground secured parking. The building offers 24 hour front desk security and onsite management. Located on Brandywine Park, residents walk the trails along the Brandywine River and to neighborhood shopping in Trolley Square, for coffee shops, restaurants, pubs, grocery and pharmacy. Only miles to Greenville for upscale shopping and to Concord Pike for everything retail. City of Wilmington offers many restaurants of various cuisines, Broadway plays and musical entertainment at the DuPont Playhouse and Grand Opera House. Park Plaza is a No Pet, No Smoking building.

Last Agent to Sell the Property

Herschel Quillen

H H Quillen & Company Listed on: 10/29/2021

Last Buyer's Agent

Kathleen Eddins

Patterson-Schwartz-Hockessin License #RS-296880

Patterson-Schwartz-Hockessin

Property Details

Home Type

  • Condominium

Lot Details

  • Two or More Common Walls
  • East Facing Home
  • Property is in average condition

HOA Fees

  • $762 Monthly HOA Fees

Parking

  • Parking Storage or Cabinetry
  • Lighted Parking
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Copper Plumbing
  • Masonry

Interior Spaces

  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 2 Full Bathrooms

Home Security

  • Security Gate
  • Intercom
  • Exterior Cameras

Outdoor Features

  • Outdoor Grill

Utilities

  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Geothermal Heating and Cooling
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 069.C.0404
  • Assessor Parcel Number 26-021.10-069.C.0404

Community Details

Overview

  • $75 Elevator Use Fee
  • $2,500 Capital Contribution Fee
  • Association fees include alarm system, cable TV, common area maintenance, insurance, lawn maintenance, management, sewer, snow removal, trash, water, health club
  • 124 Units
  • High-Rise Condominium
  • Park Plaza Condominium Association, Inc. Condos, Phone Number (302) 429-9300
  • Built by E.B. DeSeta Associates
  • Park Plaza Condominiums Community
  • Park Plaza Subdivision
  • Property Manager

Amenities

  • Doorman
  • Fax or Copying Available
  • Common Area
  • Meeting Room
  • 3 Elevators
  • Community Storage Space

Recreation

  • Community Spa

Pet Policy

  • No Pets Allowed

Security

  • 24-Hour Security
  • Front Desk in Lobby
  • Resident Manager or Management On Site
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Lot Details

0

HOA Fees

$762 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
  • Home Warranty: No
  • Inclusions: Parking Space #345
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Building Winterized: No
  • Remarks Public: Price reduced to allow value in renovating Park Plaza Condominiums #404, a 4th floor one bedroom with den residence with two full baths. Living room/dinning room open to outdoor balcony. Den could be used as office or guest bedroom. Condo has lots of closets and additional available storage. This residence was a rental property and is being sold in "as-is" condition. Park Plaza Condominiums recently completed common area lobby renovations, including lobby fitness room, hallways, conference rooms and outdoor grilling patio. Park Plaza has underground secured parking. The building offers 24 hour front desk security and onsite management. Located on Brandywine Park, residents walk the trails along the Brandywine River and to neighborhood shopping in Trolley Square, for coffee shops, restaurants, pubs, grocery and pharmacy. Only miles to Greenville for upscale shopping and to Concord Pike for everything retail. City of Wilmington offers many restaurants of various cuisines, Broadway plays and musical entertainment at the DuPont Playhouse and Grand Opera House. Park Plaza is a No Pet, No Smoking building.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 4
  • Common Walls: 2+ Common Walls
  • Elevators Count: 3
  • Floors In Unit Count: 18
  • Levels Count: 1
  • Basement: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1100

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Concrete, Copper Plumbing, Masonry
  • Exterior Features: Bbq Grill
  • 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: No
  • Parking Features: Assigned, Lighted Parking
  • Garage Features: Additional Storage Area, Garage Door Opener, Underground
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Geothermal, Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric, Geo-Thermal
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security, Desk In Lobby, Doorman, Exterior Cameras, Fire Detection System, Intercom, Resident Manager, Security Gate, Smoke Detector, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Cable Tv Available, Electric Available, Phone Available
  • Water Source: Public
  • Municipal Trash: No
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2287.44
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Park Plaza Condominium Association, Inc.
  • Condo Co-Op Phone: 302-429-9300
  • Elevator Use Fee: 75.00
  • HOA Condo Co-Op Amenities: Common Grounds, Exercise Room, Fax/Copying, Fitness Center, Meeting Room, Pool - Indoor, Reserved/Assigned Parking, Storage Bin, Hot Tub, Elevator
  • HOA Condo Co-Op Fee Includes: Alarm System, Cable Tv, Common Area Maintenance, Insurance, Lawn Maintenance, Management, Sewer, Snow Removal, Trash, Water, Health Club
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 2500.00

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 84800.00
  • Land Assessed Value: 27800.00
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Average
  • Year Assessed: 2021
  • Zoning: 26R5-B
  • In City Limits: Yes

Building Info

  • Builder Name: E.B. DeSeta Associates

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 2398968
  • School Tax: 2778.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 5151.00
  • Assessor Parcel Number: 26-021.10-069.C.0404
  • Tax Lot: 069.C.0404
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 02/16/2022

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2021
Closed on
Feb 16, 2022
Sold by
Verma Sanjay and Verma Sanjay Vanita
Bought by
Palmatary Harvey I
Seller's Agent
Herschel Quillen
H H Quillen & Company
Buyer's Agent
Kathleen Eddins
Patterson-Schwartz-Hockessin
List Price
$265,000
Sold Price
$205,000
Premium/Discount to List
-$60,000
-22.64%
Current Estimated Value
$316,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,495
Avg. Annual Appreciation
13.13%

Purchase Details

Listed on
Jun 20, 2013
Closed on
Oct 25, 2013
Sold by
Carucci Robert
Bought by
Vanita Verma Sanjay and Vanita Sanjay
Seller's Agent
Herschel Quillen
H H Quillen & Company
Buyer's Agent
Adam Dorosky
BHHS Fox & Roach-Christiana
List Price
$166,900
Sold Price
$150,000
Premium/Discount to List
-$16,900
-10.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.83%
Original Mortgage
$112,500
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 14, 2012
Closed on
Jul 31, 2012
Sold by
Onewest Bank Fsb
Bought by
Carucci Robert
Seller's Agent
Anthony Sianni
BHHS Fox & Roach - Hockessin
Buyer's Agent
Chris Ledeker
BHHS Fox & Roach - Hockessin
List Price
$124,000
Sold Price
$102,500
Premium/Discount to List
-$21,500
-17.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.71%

Purchase Details

Closed on
May 1, 2012
Sold by
Miller Richard B and Estate Of Jean Cordrey Miller
Bought by
One West Bank Fsb
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
Palmatary Harvey I -- None Listed On Document
Vanita Verma Sanjay $150,000 None Available
Carucci Robert $102,500 Global Title Inc
One West Bank Fsb $155,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vanita Verma Sanjay $112,500
Previous Owner Miller Jean C $331,660
Previous Owner Miller Jean C $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2022 02/16/22 Sold $205,000 -8.9% --
01/15/2022 01/15/22 Pending -- -- --
12/27/2021 12/27/21 Price Changed $225,000 -4.3% --
11/24/2021 11/24/21 Price Changed $235,000 -11.3% --
10/29/2021 10/29/21 For Sale $265,000 0.0% --
02/01/2014 02/01/14 Rented $1,400 -17.6% --
01/17/2014 01/17/14 Under Contract -- -- --
12/04/2013 12/04/13 For Rent $1,700 0.0% --
10/26/2013 10/26/13 Sold $150,000 -10.1% $118 / Sq Ft
09/25/2013 09/25/13 Pending -- -- --
06/20/2013 06/20/13 For Sale $166,900 +62.8% $131 / Sq Ft
08/17/2012 08/17/12 Sold $102,500 -2.4% --
07/25/2012 07/25/12 Pending -- -- --
07/18/2012 07/18/12 Price Changed $105,000 -7.1% --
06/19/2012 06/19/12 Price Changed $113,000 -8.9% --
05/14/2012 05/14/12 For Sale $124,000 -- --
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 $3,513 $112,600 $27,800 $84,800
2023 $3,053 $112,600 $27,800 $84,800
2022 $3,068 $112,600 $27,800 $84,800
2021 $3,063 $112,600 $27,800 $84,800
2020 $3,080 $112,600 $27,800 $84,800
2019 $5,343 $112,600 $27,800 $84,800
2018 $950 $112,600 $27,800 $84,800
2017 $4,989 $112,600 $27,800 $84,800
2016 $4,989 $112,600 $27,800 $84,800
2015 $4,772 $112,600 $27,800 $84,800
2014 $4,530 $112,600 $27,800 $84,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2009260

Bright MLS

APN: 26-021.10-069.C-0404