NOT LISTED FOR SALE

1126 Read St Wilmington, DE 19805

Hedgeville Neighborhood

Estimated Value: $143,000 - $198,000

3 Beds
1 Bath
1,200 Sq Ft
$142/Sq Ft Est. Value

Last Sold May 17, 2013

Last sale price $19,100 $16 Per Sq Ft

Est. 732% increase in value since last sale

Current estimated payment $930/month

6 Days on Market

Highlights

  • Traditional Architecture
  • Living Room
  • Dining Room
  • No HOA
  • En-Suite Primary Bedroom
  • 5-minute walk to Connell Street Park

About This Home

As of May 2013

THERE ARE MULTIPLE OFFERS ON THIS PROPERTY. DEADLINE TO SUBMIT ALL HIGHEST AND BEST OFFERS IS 9AM, WEDNESDAY, MARCH 27, 2013. Please email offers to the co-listing agent, not the listing agent. Property is in need of repairs and being sold "AS-IS". Inspections are for informational purposes only. Seller has never been in or lived in property. Cash offers require proof of funds. No offers with home sale contingencies.

Last Agent to Sell the Property

Don Ash

Alliance Realty License #RS5313505 Listed on: 03/21/2013

Last Buyer's Agent

Joseph Hurley

Pantano Real Estate Inc License #RS-0018346

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1900

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 16x80
  • Property is in below average condition

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Laundry in Basement

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Wilm #24 Subdivision

Listing and Financial Details

  • Tax Lot 602
  • Assessor Parcel Number 26-034.30-602

Townhouse Details

Home Type

Townhome

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Remarks Public: THERE ARE MULTIPLE OFFERS ON THIS PROPERTY. DEADLINE TO SUBMIT ALL HIGHEST AND BEST OFFERS IS 9AM, WEDNESDAY, MARCH 27, 2013. Please email offers to the co-listing agent, not the listing agent. Property is in need of repairs and being sold "AS-IS". Inspections are for informational purposes only. Seller has never been in or lived in property. Cash offers require proof of funds. No offers with home sale contingencies.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Basement
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Net Sq Ft: 1200.00
  • Price Per Sq Ft: 11.55
  • Above Grade Finished Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1126

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • 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

Schools

  • School District: RED CLAY CONSOLIDATED
  • School District Key: 300200396545

Lot Info

  • Improvement Assessed Value: 17600.00
  • Land Assessed Value: 1800.00
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16X80
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Property Condition: Below Average
  • Zoning: 26R-3

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2410485
  • Tax Annual Amount: 794.00
  • Assessor Parcel Number: 26-034.30-602
  • Tax Lot: 602
  • Tax Year: 2012
  • Close Date: 05/17/2013

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2013
Closed on
May 13, 2013
Sold by
Wells Fargo Bank Na
Bought by
Aarm Holdings Llc
Seller's Agent
Don Ash
Alliance Realty
Buyer's Agent
Joseph Hurley
Pantano Real Estate Inc
List Price
$13,860
Sold Price
$19,100
Premium/Discount to List
$5,240
37.81%
Current Estimated Value
$158,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,771
Avg. Annual Appreciation
18.39%

Purchase Details

Closed on
Feb 1, 2012
Sold by
Richle Matthew P and Richle Stephanie W
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Dec 6, 2005
Sold by
Cramer Jennifer E
Bought by
Tnt General Contractors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
6.28%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 1, 2005
Sold by
Tnt General Contractors Llc
Bought by
Richle Matthew P and Richle Stephanie W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
6.28%
Mortgage Type
Credit Line Revolving
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
Aarm Holdings Llc $19,100 None Available
Wells Fargo Bank Na $20,603 None Available
Tnt General Contractors Llc $59,900 --
Richle Matthew P $104,000 Stewart Title Guaranty Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Richle Matthew P $10,000
Previous Owner Richle Matthew P $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2013 05/17/13 Sold $19,100 +37.8% $16 / Sq Ft
03/27/2013 03/27/13 Pending -- -- --
03/21/2013 03/21/13 For Sale $13,860 -- $12 / 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 $715 $19,400 $1,800 $17,600
2023 $697 $19,400 $1,800 $17,600
2022 $690 $19,400 $1,800 $17,600
2021 $672 $19,400 $1,800 $17,600
2020 $0 $19,400 $1,800 $17,600
2019 $387 $19,400 $1,800 $17,600
2018 $558 $19,400 $1,800 $17,600
2017 $541 $19,400 $1,800 $17,600
2016 $540 $19,400 $1,800 $17,600
2015 $843 $19,400 $1,800 $17,600
2014 $842 $19,400 $1,800 $17,600
Source: Public Records

Agents Affiliated with this Home

  • Don Ash

    Seller's Agent in 2013

    Don Ash

    Alliance Realty

    (302) 521-5100

    2 in this area

    123 Total Sales

    Section Image
  • Joseph Hurley

    Buyer's Agent in 2013

    Joseph Hurley

    Pantano Real Estate Inc

    (302) 740-5524

    25 in this area

    281 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: 1003376602

Bright MLS

APN: 26-034.30-602

Delaware New Castle County Wilmington 19805 Hedgeville

1126 Read St, Wilmington, DE

This home is located at 1126 Read St, Wilmington, DE 19805 since 21 March 2013 and is currently estimated at $170,064, approximately $141 per square foot. This property was built in 1900. 1126 Read St is a home located in New Castle County with nearby schools including The Bayard School, Newark High School, and St Elizabeth Elementary School.

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