1124 N Walnut St Wilmington, DE 19801
Downtown Wilmington NeighborhoodEstimated Value: $106,000 - $166,000
3
Beds
1
Bath
1,125
Sq Ft
$120/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Forced Air Heating and Cooling System
- 3-minute walk to Kruse Playground
- No HOA
About This Home
As of December 2020Multiple offer situation. All offers due Saturday, October 31st by 5:00 pm. Attention Investors! Tenant-occupied property with a price approved by the bank! This is a great opportunity to purchase a property in the City of Wilmington with a tenant in place and numbers that work. Remodeled in 2000, the property is in good condition and in a good location on Walnut Street. It's a 3-bedroom, 2-full bath townhome with a combination living room/dining area, first floor laundry, fenced back yard, partially finished basement, central air, and a tenant who wants to remain in the property. Note: This is a short sale, subject to Seller's Lender's approval and to Seller's approval of the final terms. There is a short sale facilitator whose fee will be paid by the Buyer.
Last Agent to Sell the Property
RE/MAX Associates-Wilmington License #RS347136 Listed on: 10/25/2020
Townhouse Details
Home Type
- Townhome
Year Built
- Built in 1890
Lot Details
- 1,307 Sq Ft Lot
- Lot Dimensions are 14.00 x 80.00
- Chain Link Fence
- Property is in good condition
Parking
- On-Street Parking
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Stucco
Interior Spaces
- 1,125 Sq Ft Home
- Property has 2 Levels
- Partial Basement
- Laundry on main level
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Utilities
- Forced Air Heating and Cooling System
- Cooling System Utilizes Natural Gas
- Natural Gas Water Heater
- Municipal Trash
Community Details
- No Home Owners Association
- Wilm #09 Subdivision
Listing and Financial Details
- Tax Lot 020
- Assessor Parcel Number 26-036.10-020
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 25, 2020
Closed on
Dec 11, 2020
Sold by
Lombardo Nicholas W
Bought by
Double Dels Llc
Seller's Agent
Monica Hill
RE/MAX Associates-Wilmington
Buyer's Agent
Vanessa Hamm
Iron Valley Real Estate at The Beach
List Price
$60,000
Sold Price
$71,300
Premium/Discount to List
$11,300
18.83%
Total Days on Market
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,450
Avg. Annual Appreciation
14.85%
Original Mortgage
$57,040
Outstanding Balance
$35,126
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$97,816
Purchase Details
Closed on
Nov 17, 2010
Sold by
Lombardo Nicholas W and Feeley Sean W
Bought by
Lombardo Nicholas W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,271
Interest Rate
4.62%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 28, 2006
Sold by
Corporate Properties Services & Inc
Bought by
Lombardo Nicholas W and Feeley Sean W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,900
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Double Dels Llc | -- | None Available | |
| Lombardo Nicholas W | $55,000 | None Available | |
| Lombardo Nicholas W | $99,900 | Transnation Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Double Dels Llc | $57,040 | |
| Previous Owner | Lombardo Nicholas W | $101,271 | |
| Previous Owner | Lombardo Nicholas W | $99,900 | |
| Previous Owner | Lombardo Nicholas W | $3,390 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/11/2020 12/11/20 | Sold | $71,300 | +18.8% | $63 / Sq Ft |
| 11/02/2020 11/02/20 | Pending | -- | -- | -- |
| 10/25/2020 10/25/20 | For Sale | $60,000 | 0.0% | $53 / Sq Ft |
| 02/19/2014 02/19/14 | Rented | $875 | -7.9% | -- |
| 02/12/2014 02/12/14 | Under Contract | -- | -- | -- |
| 07/19/2013 07/19/13 | For Rent | $950 | -- | -- |
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 | $947 | $25,700 | $2,700 | $23,000 |
| 2023 | $924 | $25,700 | $2,700 | $23,000 |
| 2022 | $914 | $25,700 | $2,700 | $23,000 |
| 2021 | $891 | $25,700 | $2,700 | $23,000 |
| 2020 | $865 | $25,700 | $2,700 | $23,000 |
| 2019 | $1,265 | $25,700 | $2,700 | $23,000 |
| 2018 | $848 | $25,700 | $2,700 | $23,000 |
| 2017 | $1,192 | $25,700 | $2,700 | $23,000 |
| 2016 | $1,192 | $25,700 | $2,700 | $23,000 |
| 2015 | $1,116 | $25,700 | $2,700 | $23,000 |
| 2014 | $1,116 | $25,700 | $2,700 | $23,000 |
Source: Public Records
Agents Affiliated with this Home
-
Monica Hill
Seller's Agent in 2020
Monica Hill
RE/MAX
(302) 563-5637
1 in this area
143 Total Sales
-
Vanessa Hamm
V
Buyer's Agent in 2020
Vanessa Hamm
Iron Valley Real Estate at The Beach
(302) 377-7340
2 in this area
26 Total Sales
-
P
Seller's Agent in 2014
Peter Dietz
House of Real Estate
-
P
Buyer's Agent in 2014
Patricia Anker
White Robbins Property Management
Map
Source: Bright MLS
MLS Number: DENC512012
APN: 26-036.10-020
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