NOT LISTED FOR SALE

1127 Read St Wilmington, DE 19805

Hedgeville Neighborhood

Estimated Value: $100,000 - $140,000

2 Beds
1 Bath
650 Sq Ft
$176/Sq Ft Est. Value

Sale Details

Date Sold: March 24, 2017

Last sale price $29,000 $45 Per Sq Ft

Est. 294% increase in value since last sale

Current estimated payment $680 / mo

212 Days on Market

Highlights

  • Traditional Architecture
  • Cooling System Mounted In Outer Wall Opening
  • Dining Room
  • No HOA
  • Living Room
  • 4-minute walk to Adams Street Courts

About This Home

As of March 2017

Excellent opportunity for the investor to acquire this property in a convenient city location, close to public transportation, river front attractions, shopping and the downtown business area. The property is turn key and ready to take over with current month to month, long term tenant in place at $700/month.

Last Agent to Sell the Property

Patricia Shores

(302) 378-8700 trish@shoresrealtor.com RE/MAX 1st Choice - Middletown Listed on: 07/25/2016

Co-Listed By

Steve Tolmie

(302) 378-8700 tinyshomes4u@aol.com RE/MAX Advantage Realty

Last Buyer's Agent

Jocelyn Thorpe

(610) 565-1995 klrw709@kw.com Keller Williams Real Estate - Media

Keller Williams Real Estate - Media

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1900

Lot Details

  • 436 Sq Ft Lot
  • Lot Dimensions are 12x50
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 650 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry on lower level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Wilm #26 Subdivision

Listing and Financial Details

  • Tax Lot 536
  • Assessor Parcel Number 26-034.30-536

Townhouse Details

Home Type

Townhome

Year Built

Built in 1900

Lot Details

436 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: Range, Refrigerator, Shades, Blinds, Window A/C Unit
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Lower Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 650
  • Living Area Sq Ft: 650
  • Net Sq Ft: 650.00
  • Price Per Sq Ft: 59.85
  • Above Grade Finished Sq Ft: 650
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Access To Pool: 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
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 10200.00
  • Land Assessed Value: 1100.00
  • Lot Size Acres: 0.01
  • Lot Dimensions: 12X50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 436.00
  • Property Condition: Good
  • Zoning: 26R-3

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2410419
  • Tax Annual Amount: 527.00
  • Assessor Parcel Number: 26-034.30-536
  • Tax Lot: 536
  • Tax Year: 2016

MLS Schools

  • School District Name: CHRISTINA

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2025
Sold by
Bought by
Current Estimated Value
$114,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$740,904
Interest Rate
6.91%
Mortgage Type
New Conventional
Estimated Equity
-$626,571

Purchase Details

Listed on
Jul 25, 2016
Closed on
Mar 24, 2017
Sold by
Bought by
Seller's Agent
Patricia Shores
RE/MAX 1st Choice - Middletown
Buyer's Agent
Jocelyn Thorpe
Keller Williams Real Estate - Media
List Price
$42,500
Sold Price
$29,000
Premium/Discount to List
-$13,500
-31.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.01%
Original Mortgage
$100,000
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 8, 2011
Sold by
Bought by

Purchase Details

Closed on
Sep 22, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
4.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
1.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 30, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,429
Interest Rate
6.33%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$589,000 None Listed On Document
-- None Available
$26,000 None Available
$14,000 None Available
-- --
$28,571 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $750,000
Previous Owner $100,000
Previous Owner $25,000
Previous Owner $52,500
Previous Owner $21,429
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/24/2017 03/24/17 Sold $29,000 -25.4% $45 / Sq Ft
02/22/2017 02/22/17 Pending -- -- --
02/22/2017 02/22/17 Price Changed $38,900 -7.2% $60 / Sq Ft
09/01/2016 09/01/16 Price Changed $41,900 -1.4% $64 / Sq Ft
07/25/2016 07/25/16 For Sale $42,500 -- $65 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $797 $114,500 $42,000 $72,500
2024 $417 $11,300 $1,100 $10,200
2023 $406 $11,300 $1,100 $10,200
2022 $402 $11,300 $1,100 $10,200
2021 $392 $11,300 $1,100 $10,200
2020 $380 $11,300 $1,100 $10,200
2019 $556 $11,300 $1,100 $10,200
2018 $325 $11,300 $1,100 $10,200
2017 $315 $11,300 $1,100 $10,200
2016 $314 $11,300 $1,100 $10,200
2015 $491 $11,300 $1,100 $10,200
2014 $491 $11,300 $1,100 $10,200
Source: Public Records

Agents Affiliated with this Home

  • Patricia Shores

    Seller's Agent in 2017

    Patricia Shores

    RE/MAX

    (302) 437-4611

    38 Total Sales

    Patricia Shores
    Section Image
  • Steve Tolmie

    Seller Co-Listing Agent in 2017

    Steve Tolmie

    RE/MAX Advantage Realty

    (302) 367-5852

    37 Total Sales

    Steve Tolmie
    Section Image

  • J

    Buyer's Agent in 2017

    Jocelyn Thorpe

    Keller Williams Real Estate - Media

    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003954593

Bright MLS

APN: 26-034.30-536

Delaware New Castle County Wilmington 19805 Hedgeville

1127 Read St, Wilmington, DE

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2026 Bright MLS, Inc.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.