
111 E 38th St Wilmington, DE 19802
Highlights
- No HOA
- Ceramic Tile Flooring
- Hot Water Heating System
- Pierre S. Dupont Middle School Rated A-
About This Home
As of March 2024Priced below appraisal! Great cash flow and return on investment with this 3-unit property boasting solid rental history. Excellent location just a block from Philadelphia Pike and minutes from I495, I95 and Rt202. The neighborhood of Penn Rose is quaint and is in New Castle county (not City of Wilmington). Unique 3-unit property is FULLY rented and has a lot of updates. Basement apartment has been fully remodeled. Units have separate entrances and electric and gas meters. Owner pays for gas, water and sewer. Washer/dryer in each unit. Because of the age of the building, property is sold AS IS and any inspections will be for informational purposes only.
Last Agent to Sell the Property
SEA BOVA ASSOCIATES INC. License #SCAOR:NAS12VEY Listed on: 07/16/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,554
Year Built
- Built in 1925
Lot Details
- 2,178 Sq Ft Lot
Parking
- On-Street Parking
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Shingle Siding
- Vinyl Siding
Flooring
- Carpet
- Ceramic Tile
- Vinyl
Finished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Basement Windows
Utilities
- Window Unit Cooling System
- Radiator
- Hot Water Heating System
- Natural Gas Water Heater
Listing and Financial Details
- The owner pays for heat, sewer, water
- Tax Lot 121
- Assessor Parcel Number 06-144.00-121
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Operating Expense $6,594
Ownership History
Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Similar Homes in Wilmington, DE
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | -- | None Listed On Document | |
Deed | -- | None Listed On Document | |
Deed | $290,000 | None Available | |
Deed | $227,500 | None Available | |
Deed | $102,500 | None Available | |
Deed | -- | None Available | |
Deed | $174,000 | None Available | |
Deed | $128,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $266,250 | New Conventional | |
Previous Owner | $11,389 | New Conventional | |
Previous Owner | $284,747 | FHA | |
Previous Owner | $11,389 | Second Mortgage Made To Cover Down Payment | |
Previous Owner | $231,425 | VA | |
Previous Owner | $232,391 | VA | |
Previous Owner | $146,500 | Commercial | |
Previous Owner | $130,500 | Unknown | |
Previous Owner | $15,000 | Unknown | |
Previous Owner | $102,400 | No Value Available |
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 |
Tax History Compared to Growth
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 |
Agents Affiliated with this Home
-
Seller's Agent in 2024
Marlon Belfon
English Realty
(215) 800-4474
2 in this area
59 Total Sales
-
Buyer's Agent in 2024
Donielle Haughton
Century 21 Gold Key Realty
(302) 722-5444
3 in this area
20 Total Sales
-
C
Seller's Agent in 2021
Christina Quinn
Empower Real Estate, LLC
1 in this area
39 Total Sales
-
Seller's Agent in 2020
Michael Aldridge
Compass
(302) 893-8993
2 in this area
73 Total Sales
-
A
Seller's Agent in 2019
Anastasia Balakin
SEA BOVA ASSOCIATES INC.
(302) 227-1222
-
B
Buyer's Agent in 2019
Bob Taylor
Century 21 Gold Key Realty
(302) 530-1252
Map
Source: Bright MLS
MLS Number: 1002047484

APN: 06-144.00-121
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