111 E 38th St Wilmington, DE 19802
--
Bed
--
Bath
2,720
Sq Ft
2,178
Sq Ft Lot
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
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
Current Estimated Value
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
15.40%
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%
Similar Homes in Wilmington, DE
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
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 | -- |
Source: Public Records
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 |
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
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
-
Marlon Belfon
Seller's Agent in 2024
Marlon Belfon
English Realty
(215) 800-4474
2 in this area
59 Total Sales
-
Donielle Haughton
Buyer's Agent in 2024
Donielle Haughton
Century 21 Gold Key Realty
(302) 722-5444
3 in this area
20 Total Sales
-
Christina Quinn
C
Seller's Agent in 2021
Christina Quinn
Empower Real Estate, LLC
1 in this area
39 Total Sales
-
Michael Aldridge
Seller's Agent in 2020
Michael Aldridge
Compass
(302) 893-8993
2 in this area
73 Total Sales
-
Anastasia Balakin
A
Seller's Agent in 2019
Anastasia Balakin
SEA BOVA ASSOCIATES INC.
(302) 227-1222
-
Bob Taylor
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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