NOT LISTED FOR SALE

Park Plaza Condominiums 1100 Lovering Ave Unit 516 Wilmington, DE 19806

Downtown Wilmington Neighborhood

Estimated Value: $379,000 - $392,750

2 Beds
2 Baths
1,544 Sq Ft
$954/mo HOA Fee

Last Sold November 22, 2021

Last sale price $305,000 $198 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,416/month

Highlights

  • Penthouse
  • Community Pool
  • Geothermal Heating and Cooling
  • Contemporary Architecture
  • Central Air
  • High-Rise Condominium

About This Home

As of November 2021

This home is located at 1100 Lovering Ave Unit 516, Wilmington, DE 19806 since 24 November 2021 and is currently estimated at $384,583, approximately $249 per square foot. This property was built in 1984. 1100 Lovering Ave Unit 516 is a home located in New Castle County with nearby schools including Lewis (William C.) Dual Language Elementary School, Skyline Middle School, and Alexis I. du Pont High School.

Last Agent to Sell the Property

Herschel Quillen

H H Quillen & Company Listed on: 11/24/2021

Last Buyer's Agent

Herschel Quillen

H H Quillen & Company Listed on: 11/24/2021

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1984

Lot Details

  • Two or More Common Walls

HOA Fees

  • $954 Monthly HOA Fees

Parking

  • Basement Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 1,544 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Geothermal Heating and Cooling
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 069.C.0516
  • Assessor Parcel Number 26-021.10-069.C.0516

Community Details

Overview

  • $2,500 Capital Contribution Fee
  • High-Rise Condominium
  • Park Plaza Subdivision
  • Property Manager

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1984

Lot Details

0

HOA Fees

$954 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1984
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Common Walls: 2+ Common Walls
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1544
  • Living Area Sq Ft: 1544
  • Price Per Sq Ft: 197.54
  • 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, Below Grade
  • Construction Materials: Concrete, Masonry, Stone
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: No
  • Garage Features: Basement Garage, Garage Door Opener
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 2

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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2862.00
  • Condo Co-Op Fee Frequency: Quarterly
  • 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: 103800.00
  • Land Assessed Value: 18700.00
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Year Assessed: 2021
  • Zoning: 26R5-B
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 2398985
  • School Tax: 3023.00
  • Tax Annual Amount: 5604.00
  • Assessor Parcel Number: 26-021.10-069.C.0516
  • Tax Lot: 069.C.0516
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 11/22/2021

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2021
Closed on
Oct 29, 2021
Sold by
Salgueiro Mario G
Bought by
Schopfer Christopher John and Schopfer Sharon M
Seller's Agent
Herschel Quillen
H H Quillen & Company
Buyer's Agent
Herschel Quillen
H H Quillen & Company
List Price
$305,000
Sold Price
$305,000
Current Estimated Value
$384,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,583
Avg. Annual Appreciation
6.69%
Original Mortgage
$294,022
Outstanding Balance
$272,567
Interest Rate
3.09%
Mortgage Type
VA
Estimated Equity
$112,016

Purchase Details

Listed on
Aug 28, 2017
Closed on
Nov 14, 2017
Sold by
Prettyman Rosemary Walla and Walla Rosemary
Bought by
Salgueiro Mario G
Seller's Agent
Herschel Quillen
H H Quillen & Company
Buyer's Agent
Matt Fetick
EXP Realty, LLC
List Price
$259,000
Sold Price
$249,000
Premium/Discount to List
-$10,000
-3.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.18%
Original Mortgage
$236,550
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2003
Sold by
Sayer Marilyn Steinberg and Sayer William H
Bought by
Walla Rosemary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Schopfer Christopher John -- First American Mortgage Sln
Salgueiro Mario G -- None Available
Walla Rosemary $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schopfer Christopher John $294,022
Previous Owner Salgueiro Mario G $236,550
Previous Owner Walla Rosemary $125,000
Previous Owner Walla Rosemary $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2021 11/24/21 For Sale $305,000 0.0% $198 / Sq Ft
11/22/2021 11/22/21 Sold $305,000 +14423.8% $198 / Sq Ft
11/22/2021 11/22/21 Pending -- -- --
11/01/2018 11/01/18 Rented $2,100 -8.7% --
10/13/2018 10/13/18 Under Contract -- -- --
08/06/2018 08/06/18 For Rent $2,300 0.0% --
11/14/2017 11/14/17 Sold $249,000 -3.9% $157 / Sq Ft
10/12/2017 10/12/17 Pending -- -- --
08/28/2017 08/28/17 For Sale $259,000 -- $163 / 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 $3,822 $122,500 $18,700 $103,800
2023 $3,322 $122,500 $18,700 $103,800
2022 $3,337 $122,500 $18,700 $103,800
2021 $3,332 $122,500 $18,700 $103,800
2020 $3,351 $122,500 $18,700 $103,800
2019 $5,813 $122,500 $18,700 $103,800
2018 $261 $122,500 $18,700 $103,800
2017 $5,428 $122,500 $18,700 $103,800
2016 $5,428 $122,500 $18,700 $103,800
2015 $5,191 $122,500 $18,700 $103,800
2014 $4,928 $122,500 $18,700 $103,800
Source: Public Records

Agents Affiliated with this Home

  • Herschel Quillen

    Seller's Agent in 2021

    Herschel Quillen

    H H Quillen & Company

    (302) 530-9300

    36 in this area

    36 Total Sales

    Herschel Quillen
    Section Image
  • Matt Fetick

    Buyer's Agent in 2017

    Matt Fetick

    EXP Realty, LLC

    (484) 678-7888

    3 in this area

    1,156 Total Sales

    Matt Fetick
    Section Image
See All Agents

About Park Plaza Condominiums

Map

Source: Bright MLS

MLS Number: DENC2008104

Bright MLS

APN: 26-021.10-069.C-0516

Delaware New Castle County Wilmington 19806 Downtown Wilmington

1100 Lovering Ave Unit 516, Wilmington, DE

This home is located at 1100 Lovering Ave Unit 516, Wilmington, DE 19806 since 24 November 2021 and is currently estimated at $384,583, approximately $249 per square foot. This property was built in 1984. 1100 Lovering Ave Unit 516 is a home located in New Castle County with nearby schools including Lewis (William C.) Dual Language Elementary School, Skyline Middle School, and Alexis I. du Pont High School.

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