NOT LISTED FOR SALE

1122 N Clayton St Wilmington, DE 19805

Estimated Value: $389,000 - $430,000

3 Beds
2 Baths
2,125 Sq Ft
$194/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $362,000 $170 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,429/month

6 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Radiator
  • 1 Fireplace
  • Central Air

About This Home

As of March 2024

**OFFER DEADLINE is FEBRUARY 15 at 9:00 PM**. Kiss your landlord goodbye! Unique opportunity to potentially live in one apartment and rent out the other in this Trolley Square area duplex. Perfect investment property for owner/occupant. The FIRST FLOOR APT features Living Room, Dining Room, Kitchen, bonus/Office area, 1 Bedroom and 1 full Bathroom, with direct access to the basement for storage and laundry as well as access to the fenced backyard. The SECOND FLOOR APT features Living Room, Dining Room, 2 Bedrooms, 1 Bathroom, rear enclosed porch with stairs to the fenced yard and outside entrance to the basement for storage and laundry. Both units have hardwood floors, and dishwashers. There are separate utilities for each unit including water, heat and electric. First floor unit has central A/C. Large than typical building with 2-story addition -- each unit is approximately 1000 sqft. Call Mike Porro directly for showings.

Last Agent to Sell the Property

Mike Porro

Long & Foster Real Estate, Inc. License #R1-0001780 Listed on: 02/10/2024

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Rajesh Veeragandham

Brokers Realty Group, LLC License #RS0022361

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,293

Year Built

  • Built in 1925

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 23.80 x 92.10

Home Design

  • Brick Exterior Construction
  • Stone Foundation

Interior Spaces

  • 2,125 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Wood Flooring
  • Basement
  • Interior and Exterior Basement Entry

Bedrooms and Bathrooms

Parking

  • Alley Access
  • On-Street Parking

Utilities

  • Central Air
  • Radiator
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Trolley Square Subdivision

Listing and Financial Details

  • Tax Lot 215
  • Assessor Parcel Number 26-020.30-215

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,293

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Unit/Flat
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-02-10
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Remarks Public: **OFFER DEADLINE is FEBRUARY 15 at 9:00 PM**. Kiss your landlord goodbye! Unique opportunity to potentially live in one apartment and rent out the other in this Trolley Square area duplex. Perfect investment property for owner/occupant. The FIRST FLOOR APT features Living Room, Dining Room, Kitchen, bonus/Office area, 1 Bedroom and 1 full Bathroom, with direct access to the basement for storage and laundry as well as access to the fenced backyard. The SECOND FLOOR APT features Living Room, Dining Room, 2 Bedrooms, 1 Bathroom, rear enclosed porch with stairs to the fenced yard and outside entrance to the basement for storage and laundry. Both units have hardwood floors, and dishwashers. There are separate utilities for each unit including water, heat and electric. First floor unit has central A/C. Large than typical building with 2-story addition -- each unit is approximately 1000 sqft. Call Mike Porro directly for showings.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Stone
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Outside Entrance, Interior Access
  • Total Sq Ft: 2125
  • Living Area Sq Ft: 2125
  • Price Per Sq Ft: 164.66
  • Above Grade Finished Sq Ft: 2125
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1122

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

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, Alley

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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: RED CLAY CONSOLIDATED
  • School District Key: 300200396545
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 23.80 x 92.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Year Assessed: 2022
  • Zoning: 26R-3
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1777.00
  • Tax Annual Amount: 3293.00
  • Assessor Parcel Number: 26-020.30-215
  • Tax Lot: 215
  • Tax Total Finished Sq Ft: 2125
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 03/22/2024

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2024
Closed on
Mar 11, 2024
Sold by
Cobb William M
Bought by
Patra Gangadhar
Seller's Agent
Mike Porro
Long & Foster Real Estate, Inc.
Buyer's Agent
Rajesh Veeragandham
Brokers Realty Group, LLC
List Price
$349,900
Sold Price
$362,000
Premium/Discount to List
$12,100
3.46%
Views
125
Current Estimated Value
$412,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,363
Avg. Annual Appreciation
9.54%
Original Mortgage
$271,500
Outstanding Balance
$265,765
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$146,598

Purchase Details

Closed on
Sep 15, 2006
Sold by
Haglid Klas C
Bought by
Cobb William
Source: Public Records

Range of Values:

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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
Patra Gangadhar -- None Listed On Document
Cobb William $249,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patra Gangadhar $271,500
Previous Owner Cobb William M $181,000
Previous Owner Cobb William $193,500
Previous Owner Cobb William $198,065
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2024 03/22/24 Sold $362,000 +3.5% $170 / Sq Ft
02/17/2024 02/17/24 Pending -- -- --
02/10/2024 02/10/24 For Sale $349,900 -- $165 / 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 $2,243 $71,900 $7,600 $64,300
2023 $2,243 $71,900 $7,600 $64,300
2022 $1,959 $71,900 $7,600 $64,300
2021 $1,956 $71,900 $7,600 $64,300
2020 $1,967 $71,900 $7,600 $64,300
2019 $3,412 $71,900 $7,600 $64,300
2018 $1,958 $71,900 $7,600 $64,300
2017 $1,954 $71,900 $7,600 $64,300
2016 $1,852 $71,900 $7,600 $64,300
2015 $3,047 $71,900 $7,600 $64,300
2014 $2,892 $71,900 $7,600 $64,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2055978

Bright MLS

APN: 26-020.30-215