NOT LISTED FOR SALE

1109 Read St Wilmington, DE 19805

Hedgeville Neighborhood

Estimated Value: $90,000 - $128,497

1 Bed
1 Bath
625 Sq Ft
$175/Sq Ft Est. Value

Last Sold April 12, 2019

Last sale price $25,000 $40 Per Sq Ft

Est. 326% increase in value since last sale

Current estimated payment $621/month

298 Days on Market

Highlights

  • Traditional Architecture
  • Living Room
  • Electric Baseboard Heater
  • No HOA
  • En-Suite Primary Bedroom
  • 4-minute walk to Adams Street Courts

About This Home

As of April 2019

ATTENTION INVESTORS: This is one of 4 properties with rental history being sold: 1215 Chestnut St, Wilmington, DE, 1105, 1107, 1109 Read St, Wilmington DE. Purchase price of a bundle can be negotiated. All are now vacant and in various stages of upgrade. Motivated seller. Bring offers. Open to negotiating terms. Contact for additional information.

Last Agent to Sell the Property

Matt Fetick

EXP Realty, LLC License #RS-0019528 Listed on: 05/24/2018

Last Buyer's Agent

jeff sheraton

Pantano Real Estate Inc

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1900

Lot Details

  • 436 Sq Ft Lot
  • Lot Dimensions are 12x50
  • Back Yard

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 625 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Exterior Lighting

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Wilm #01 Subdivision

Listing and Financial Details

  • Tax Lot 545
  • Assessor Parcel Number 26-034.30-545

Townhouse Details

Home Type

Townhome

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Upper 1
  • Year Built: 1900
  • Remarks Public: ATTENTION INVESTORS: This is one of 4 properties with rental history being sold: 1215 Chestnut St, Wilmington, DE, 1105, 1107, 1109 Read St, Wilmington DE. Purchase price of a bundle can be negotiated. All are now vacant and in various stages of upgrade. Motivated seller. Bring offers. Open to negotiating terms. Contact for additional information.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Kitchen
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Living Area Units: Square Feet
  • Total Sq Ft: 625
  • Living Area Sq Ft: 625
  • Net Sq Ft: 625.00
  • Price Per Sq Ft: 50.40
  • Above Grade Finished Sq Ft: 625
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1109

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Brick
  • Exterior Features: Sidewalks, Street Lights, Exterior Lighting
  • Roof: Flat
  • 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: Electric
  • Heating Type: Baseboard - Electric
  • 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: CHRISTINA
  • School District Key: 300200396890

Lot Info

  • Improvement Assessed Value: 11200.00
  • Land Assessed Value: 1100.00
  • Lot Features: Rear Yard
  • Lot Size Acres: 0.01
  • Lot Dimensions: 12X50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 436.00
  • Zoning: 26R-3
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2410428
  • Tax Annual Amount: 574.00
  • Assessor Parcel Number: 26-034.30-545
  • Tax Lot: 545
  • Tax Data Updated: No
  • Tax Year: 2017
  • Close Date: 04/12/2019

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2018
Closed on
Apr 12, 2019
Sold by
1107 Read St Trust
Bought by
916 Holdings Llc 1109 Read Series
Seller's Agent
Matt Fetick
EXP Realty, LLC
Buyer's Agent
jeff sheraton
Pantano Real Estate Inc
List Price
$44,500
Sold Price
$25,000
Premium/Discount to List
-$19,500
-43.82%
Current Estimated Value
$106,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,543
Avg. Annual Appreciation
25.11%

Purchase Details

Closed on
Feb 27, 2012
Sold by
Rineer Joseph and Rineer Debra J
Bought by
119 Read St Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,500
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2005
Sold by
Saxton Thomas G and Saxton Helen
Bought by
Rineer Joseph and Rineer Debra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,200
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2004
Sold by
Saxton Thomas G
Bought by
Saxton Thomas G and Saxton Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,200
Interest Rate
4.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2003
Sold by
Brown William H
Bought by
Saxton Thomas G
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
916 Holdings Llc 1109 Read Series $25,000 None Available
119 Read St Trust $15,000 None Available
Rineer Joseph $69,000 Atlantic Title & Abstract Co
Saxton Thomas G -- --
Saxton Thomas G $23,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 119 Read St Trust $13,500
Previous Owner Rineer Joseph $55,200
Previous Owner Saxton Thomas G $44,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2019 04/12/19 Sold $25,000 -20.6% $40 / Sq Ft
03/18/2019 03/18/19 Pending -- -- --
03/05/2019 03/05/19 Price Changed $31,500 -8.7% $50 / Sq Ft
10/25/2018 10/25/18 Price Changed $34,500 -8.0% $55 / Sq Ft
09/13/2018 09/13/18 Price Changed $37,500 -9.6% $60 / Sq Ft
08/06/2018 08/06/18 Price Changed $41,500 -6.7% $66 / Sq Ft
05/24/2018 05/24/18 For Sale $44,500 -- $71 / 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 $453 $12,300 $1,100 $11,200
2023 $442 $12,300 $1,100 $11,200
2022 $438 $12,300 $1,100 $11,200
2021 $426 $12,300 $1,100 $11,200
2020 $414 $12,300 $1,100 $11,200
2019 $605 $12,300 $1,100 $11,200
2018 $241 $12,300 $1,100 $11,200
2017 $570 $12,300 $1,100 $11,200
2016 $570 $12,300 $1,100 $11,200
2015 $228 $12,300 $1,100 $11,200
2014 $531 $12,300 $1,100 $11,200
Source: Public Records

Agents Affiliated with this Home

  • Matt Fetick

    Seller's Agent in 2019

    Matt Fetick

    EXP Realty, LLC

    (484) 678-7888

    3 in this area

    1,127 Total Sales

    Section Image

  • j

    Buyer's Agent in 2019

    jeff sheraton

    Pantano Real Estate Inc

    6 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: 1001578646

Bright MLS

APN: 26-034.30-545

Delaware New Castle County Wilmington 19805 Hedgeville

1109 Read St, Wilmington, DE

This home is located at 1109 Read St, Wilmington, DE 19805 since 24 May 2018 and is currently estimated at $109,624, approximately $175 per square foot. This property was built in 1900. 1109 Read St is a home located in New Castle County with nearby schools including The Bayard School, Newark High School, and St Elizabeth Elementary School.

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