NOT LISTED FOR SALE

1135 Lancaster Ave Wilmington, DE 19805

Estimated Value: $116,137 - $216,000

-- Bed
3 Baths
2,125 Sq Ft
$81/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $200,000 $94 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $965/month

59 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • 4-minute walk to Connell Street Park

About This Home

As of February 2024

First floor one bedroom apartment, entrance is into the living room, nice size kitchen with large bedroom. Easy access to public transportation and easy to view. Second floor unit is a large 5 bedroom unit, tons of potential on this one. Great cash flow, estimated annual income is $28K a year. Needs some TLC to get it ready for rent. Previous tenants just moved out, owner is keeping it vacant for showings purposes. Vacant and easy to view, call for your private tour today !!!!!!

Last Listed By

Peter Meyer

Meyer & Meyer Realty License #RB-0003304 Listed on: 11/19/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,000

Year Built

  • Built in 1900

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 18.10 x 65.00

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation

Interior Spaces

  • 2,125 Sq Ft Home
  • Partial Basement
  • Stove

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 26-034.30-497

Community Details

Overview

  • 2 Units
  • Wilm Subdivision

Building Details

  • 2 Vacant Units
  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,000

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: Stove, Refrigerator
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Stove, Refrigerator
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 2125
  • Living Area Sq Ft: 2125
  • Price Per Sq Ft: 108.19
  • Above Grade Finished Sq Ft: 2125
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1135

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Flat
  • Spa: No
  • 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

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: RED CLAY CONSOLIDATED
  • School District Key: 300200396545
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 18.10 x 65.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3000.00
  • Zoning: 26R-3
  • In City Limits: Yes

Rental Info

  • Rent Control: No
  • Total Actual Rent: 28800.00
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2000.00
  • Assessor Parcel Number: 26-034.30-497
  • Tax Year: 2023
  • Close Date: 02/29/2024

Multi Family

  • Number Of Units Vacant: 2
  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 5, 2024
Sold by
Pastore Bradford J
Bought by
Hmp Management Llc
Total Days on Market
59
Current Estimated Value
$171,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Outstanding Balance
$126,543
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$44,836

Purchase Details

Listed on
Mar 31, 2015
Closed on
Jun 3, 2015
Sold by
New Life Contracting Llc
Bought by
Pastore Bradford J
Seller's Agent
Peter Meyer
Meyer & Meyer Realty
Buyer's Agent
Peter Meyer
Meyer & Meyer Realty
List Price
$69,900
Sold Price
$65,660
Premium/Discount to List
-$4,240
-6.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.08%
Original Mortgage
$49,245
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2007
Sold by
Szymanski Michael P
Bought by
New Life Contracting Llc

Range of Values:

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

Date Buyer Sale Price Title Company
Hmp Management Llc -- None Listed On Document
Pastore Bradford J $65,660 None Available
New Life Contracting Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hmp Management Llc $127,500
Previous Owner Pastore Bradford J $49,245
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $200,000 -13.0% $94 / Sq Ft
01/17/2024 01/17/24 Pending -- -- --
11/19/2023 11/19/23 For Sale $229,900 +250.1% $108 / Sq Ft
06/04/2015 06/04/15 Sold $65,660 -6.1% $31 / Sq Ft
04/20/2015 04/20/15 Pending -- -- --
03/31/2015 03/31/15 For Sale $69,900 -- $33 / 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
2023 $74 $18,200 $1,600 $16,600
2022 $496 $18,200 $1,600 $16,600
2021 $495 $18,200 $1,600 $16,600
2020 $498 $18,200 $1,600 $16,600
2019 $864 $18,200 $1,600 $16,600
2018 $496 $18,200 $1,600 $16,600
2017 $495 $18,200 $1,600 $16,600
2016 $469 $18,200 $1,600 $16,600
2015 $771 $18,200 $1,600 $16,600
2014 $732 $18,200 $1,600 $16,600
Source: Public Records

Agents Affiliated with this Home

  • Peter Meyer

    Seller's Agent in 2024

    Peter Meyer

    Meyer & Meyer Realty

    (302) 218-2790

    149 Total Sales

    Peter Meyer
    Section Image
  • Heather Buckman

    Buyer's Agent in 2024

    Heather Buckman

    Compass

    (302) 365-4177

    82 Total Sales

    Heather Buckman
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DENC2052894

Bright MLS

APN: 26-034.30-497

Delaware New Castle County Wilmington 19805

1135 Lancaster Ave, Wilmington, DE

Homes for Sale in Wilmington, DE

This home is located at 1135 Lancaster Ave, Wilmington, DE 19805 since 19 November 2023 and is currently estimated at $171,379, approximately $80 per square foot. This property was built in 1900. 1135 Lancaster Ave is a home located in New Castle County with nearby schools including Lewis (William C.) Dual Language Elementary School, Skyline Middle School, and Alexis I. du Pont High School.

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 2025 Bright MLS, Inc.

Nearby Homes