NOT LISTED FOR SALE

111 E 38th St Wilmington, DE 19802

Estimated Value: $351,000 - $424,402

-- Bed
3 Baths
2,725 Sq Ft
$142/Sq Ft Est. Value

Last Sold March 12, 2024

Last sale price $355,000 $130 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,206/month

65 Days on Market

Highlights

  • Straight Thru Architecture
  • Pierre S. Dupont Middle School Rated A-
  • Hot Water Heating System

About This Home

As of March 2024

BACK ON THE MARKET, BUYERS FINANCING FELL THROUGH!! Explore the potential of this well-appointed triplex in a sought-after location providing comfortable living spaces for tenants. Highlights: Modern amenities and finishes throughout, Well-maintained, Excellent rental income potential. Convenient location nearby amenities, public transportation.
This triplex is a savvy investment or ideal for an owner-occupant looking to offset mortgage costs. Don't miss out on this versatile property – schedule your viewing today! Units are tenant occupied. Unit 1 is a one bedroom and is vacant, it's perfect for an owner occupant. Unit 2 is a one bedroom unit is paying $1220 a month and Unit 3 is a two bedroom unit paying $1000 a month.

Last Agent to Sell the Property

Marlon Belfon

English Realty Listed on: 12/08/2023

English Realty

Last Buyer's Agent

Donielle Haughton

Century 21 Gold Key Realty License #RS0038217

Century 21 Gold Key Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,652

Year Built

  • Built in 1925

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 23.00 x 98.10

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Straight Thru Architecture
  • Brick Exterior Construction
  • Permanent Foundation

Utilities

  • Hot Water Heating System
  • Electric Water Heater

Community Details

  • Penn Rose Subdivision
  • 1 Vacant Unit

Listing and Financial Details

  • Tax Lot 121
  • Assessor Parcel Number 06-144.00-121

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,652

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • Exclusions: Tenants personal possessions
  • Inclusions: Appliances in as-is condition
  • New Construction: No
  • Expected On Market: 2023-12-08
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Remarks Public: BACK ON THE MARKET, BUYERS FINANCING FELL THROUGH!! Explore the potential of this well-appointed triplex in a sought-after location providing comfortable living spaces for tenants. Highlights: Modern amenities and finishes throughout, Well-maintained, Excellent rental income potential. Convenient location nearby amenities, public transportation. This triplex is a savvy investment or ideal for an owner-occupant looking to offset mortgage costs. Don't miss out on this versatile property – schedule your viewing today! Units are tenant occupied. Unit 1 is a one bedroom and is vacant, it's perfect for an owner occupant. Unit 2 is a one bedroom unit is paying $1220 a month and Unit 3 is a two bedroom unit paying $1000 a month.
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Permanent
  • Room Count: 4
  • Total Sq Ft: 2725
  • Living Area Sq Ft: 2725
  • Price Per Sq Ft: 179.55
  • Above Grade Finished Sq Ft: 2005
  • Below Grade Finished Sq Ft: 720
  • Total Below Grade Sq Ft: 720
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 111

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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

Schools

  • School District: BRANDYWINE
  • School District Key: 300200396892
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 23.00 x 98.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Year Assessed: 2022
  • Zoning: NC5
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 1267.00
  • Tax Annual Amount: 1652.00
  • Assessor Parcel Number: 06-144.00-121
  • Tax Lot: 121
  • Tax Total Finished Sq Ft: 2725
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 03/12/2024

Multi Family

  • Number Of Units Vacant: 1
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: BRANDYWINE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2024
Sold by
Downs Jubbian
Bought by
J & S Home Sweet Homes Llc
Total Days on Market
65
Current Estimated Value
$387,134

Purchase Details

Listed on
Dec 8, 2023
Closed on
Mar 12, 2024
Sold by
Robertson Stephen
Bought by
Downs Jubbian
Seller's Agent
Marlon Belfon
English Realty
Buyer's Agent
Donielle Haughton
Century 21 Gold Key Realty
List Price
$360,000
Sold Price
$355,000
Premium/Discount to List
-$5,000
-1.39%
Views
186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.36%
Original Mortgage
$266,250
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 13, 2021
Closed on
Sep 20, 2021
Sold by
Handy Donte A
Bought by
Robertson Stephen
Seller's Agent
Christina Quinn
Empower Real Estate, LLC
Buyer's Agent
Marlon Belfon
English Realty
List Price
$290,000
Sold Price
$290,000

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%
Original Mortgage
$11,389
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 16, 2018
Closed on
Jan 18, 2019
Sold by
Antech Computer Solutions Llc
Bought by
Handy Donte A
Seller's Agent
Anastasia Balakin
SEA BOVA ASSOCIATES INC.
Buyer's Agent
Bob Taylor
Century 21 Gold Key Realty
List Price
$249,900
Sold Price
$227,500
Premium/Discount to List
-$22,400
-8.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.52%
Original Mortgage
$232,391
Interest Rate
4.6%
Mortgage Type
VA

Purchase Details

Listed on
Oct 26, 2015
Closed on
Nov 11, 2015
Sold by
L & S Real Estate Holdings Llc
Bought by
Antech Home Solutions Llc
Seller's Agent
Jim Pettit
RE/MAX Elite
Buyer's Agent
Eddie Riggin
RE/MAX Elite
List Price
$125,000
Sold Price
$102,500
Premium/Discount to List
-$22,500
-18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.91%

Purchase Details

Closed on
Oct 31, 2006
Sold by
Fotakos Leonida and Fotakos Sophia
Bought by
L & S Real Estate Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
6.47%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 17, 2001
Sold by
Clarke Glenn A
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
$102,400
Interest Rate
7.16%
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
J & S Home Sweet Homes Llc -- None Listed On Document
Downs Jubbian -- None Listed On Document
Robertson Stephen $290,000 None Available
Handy Donte A $227,500 None Available
Antech Home Solutions Llc $102,500 None Available
L & S Real Estate Holdings Llc -- None Available
Fotakos Leonida $174,000 None Available
Andress Robert F $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Downs Jubbian $266,250
Previous Owner Robertson Stephen $11,389
Previous Owner Robertson Stephen $284,747
Previous Owner Robertson Stephen $11,389
Previous Owner Handy Donte A $231,425
Previous Owner Handy Donte A $232,391
Previous Owner Antech Computer Solutions Llc $146,500
Previous Owner Fotakos Leonida $130,500
Previous Owner Andress Robert F $15,000
Previous Owner Andress Robert F $102,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2024 03/12/24 Sold $355,000 -1.4% $130 / Sq Ft
02/12/2024 02/12/24 Pending -- -- --
02/06/2024 02/06/24 Price Changed $360,000 -4.0% $132 / Sq Ft
12/14/2023 12/14/23 Price Changed $375,000 +4.2% $138 / Sq Ft
12/08/2023 12/08/23 For Sale $360,000 +24.1% $132 / Sq Ft
09/20/2021 09/20/21 Sold $290,000 0.0% $84 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
07/13/2021 07/13/21 For Sale $290,000 0.0% $84 / Sq Ft
08/18/2020 08/18/20 Rented $800 0.0% --
07/28/2020 07/28/20 For Rent $800 0.0% --
01/18/2019 01/18/19 Sold $227,500 -5.0% $84 / Sq Ft
12/08/2018 12/08/18 Pending -- -- --
10/05/2018 10/05/18 Price Changed $239,500 -4.1% $88 / Sq Ft
09/13/2018 09/13/18 Price Changed $249,800 0.0% $92 / Sq Ft
07/16/2018 07/16/18 For Sale $249,900 +143.8% $92 / Sq Ft
11/30/2015 11/30/15 Sold $102,500 -18.0% $38 / Sq Ft
11/08/2015 11/08/15 Pending -- -- --
10/26/2015 10/26/15 For Sale $125,000 -- $46 / 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 $1,823 $46,700 $3,500 $43,200
2023 $1,670 $46,700 $3,500 $43,200
2022 $1,690 $46,700 $3,500 $43,200
2021 $1,689 $46,700 $3,500 $43,200
2020 $1,688 $46,700 $3,500 $43,200
2019 $2,044 $46,700 $3,500 $43,200
2018 $367 $46,700 $3,500 $43,200
2017 $1,588 $46,700 $3,500 $43,200
2016 $1,588 $46,700 $3,500 $43,200
2015 $1,463 $46,700 $3,500 $43,200
2014 $1,462 $46,700 $3,500 $43,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2052382

Bright MLS

APN: 06-144.00-121