NOT LISTED FOR SALE

115 Cedar St Wilmington, DE 19805

Browntown Neighborhood

Estimated Value: $111,459

3 Beds
1 Bath
-- Sq Ft
1,307 Sq Ft Lot

Last Sold August 18, 2022

Last sale price $90,000

Est. 24% increase in value since last sale

Current estimated payment $679/month

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • Carpet
  • No HOA

About This Home

As of August 2022

Excellent opportunity to acquire one or more income producing homes in Wilmington's Browntown community. This is one of five homes available with performing tenant in place providing a solid return. Three bedroom one bath home located in the Browntown area of Wilmington within walking distance to the Riverfront attractions, MKT Street hot spots, bus-lines and more. Tenant pays $975.00 per month and is responsible for heating fuel electric and excess water. See your agent or listing broker for other lease terms. Prior to showing buyer must provide pre-qualification letter, liquidity verification for equity, proof of funds (if cash) and complete Indicative Offer Form provided on MLS after review of lease documents and photos. Showings are strictly on pre-determined day of the week and available for site visit after said documentation has been provided.

Last Agent to Sell the Property

Paul Pantano

(302) 354-0792 ppantano@pantanorealestate.com Pantano Real Estate Inc Listed on: 06/21/2022

Last Buyer's Agent

Paul Pantano

(302) 354-0792 ppantano@pantanorealestate.com Pantano Real Estate Inc Listed on: 06/21/2022

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1917

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 16.00 x 78.50

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Plaster Walls

Interior Spaces

  • Property has 2 Levels
  • Unfinished Basement
  • Laundry in Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Urban Location

Schools

  • Stubbs Elementary School
  • Bayard Middle School
  • Glasgow High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Browntown Subdivision

Listing and Financial Details

  • Tax Lot 193
  • Assessor Parcel Number 26-042.30-193

Townhouse Details

Home Type

Townhome

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Tenant owned appliances and tenant's personal property
  • Home Warranty: No
  • Inclusions: Owner owned appliances
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1917
  • Automatically Close On Close Date: No
  • Remarks Public: Excellent opportunity to acquire one or more income producing homes in Wilmington's Browntown community. This is one of five homes available with performing tenant in place providing a solid return. Three bedroom one bath home located in the Browntown area of Wilmington within walking distance to the Riverfront attractions, MKT Street hot spots, bus-lines and more. Tenant pays $975.00 per month and is responsible for heating fuel electric and excess water. See your agent or listing broker for other lease terms. Prior to showing buyer must provide pre-qualification letter, liquidity verification for equity, proof of funds (if cash) and complete Indicative Offer Form provided on MLS after review of lease documents and photos. Showings are strictly on pre-determined day of the week and available for site visit after said documentation has been provided.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Carpet, Vinyl
  • Fireplace: No
  • Wall Ceiling Types: Plaster Walls
  • Foundation Details: Other
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Basement
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 115

Beds/Baths

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

Utilities

  • Central Air Conditioning: No
  • Electric Service: Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • School District: CHRISTINA
  • Elementary School: STUBBS
  • Middle School: BAYARD
  • High School: GLASGOW
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396890
  • School District Source: Listing Agent
  • Elementary School: STUBBS
  • High School: GLASGOW
  • Middle Or Junior School: BAYARD

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 26100.00
  • Land Assessed Value: 2600.00
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16.00 x 78.50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Year Assessed: 2021
  • Zoning: 26R-3
  • In City Limits: Yes

Rental Info

  • Total Actual Rent: 975.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2415378
  • School Tax: 922.00
  • Tax Annual Amount: 1526.00
  • Assessor Parcel Number: 26-042.30-193
  • Tax Lot: 193
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 08/18/2022

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2022
Closed on
Aug 18, 2022
Sold by
Mcleen Company Llc
Bought by
Pabian Properties Llc
Seller's Agent
Paul Pantano
Pantano Real Estate Inc
Buyer's Agent
Paul Pantano
Pantano Real Estate Inc
List Price
$90,000
Sold Price
$90,000
Views
3
Current Estimated Value
$111,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,459
Avg. Annual Appreciation
7.07%
Original Mortgage
$405,000
Outstanding Balance
$303,030
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
-$191,571

Purchase Details

Closed on
Jan 4, 2016
Sold by
Pettinaro Verino
Bought by
Donovan Adela

Purchase Details

Closed on
Jun 3, 2010
Sold by
Battaglia Frank S
Bought by
Federal Home Loan Mortgage Corp
Source: Public Records

Range of Values:

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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
Pabian Properties Llc -- Brian Frederick Funk Pa
Donovan Adela -- None Available
Pettinaro Verino -- None Available
Federal Home Loan Mortgage Corp $57,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pabian Properties Llc $405,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2022 08/18/22 Sold $90,000 0.0% --
06/30/2022 06/30/22 Pending -- -- --
06/21/2022 06/21/22 For Sale $90,000 -- --
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 $1,058 $28,700 $2,600 $26,100
2023 $1,035 $28,700 $2,600 $26,100
2022 $1,021 $28,700 $2,600 $26,100
2021 $995 $28,700 $2,600 $26,100
2020 $966 $28,700 $2,600 $26,100
2019 $1,413 $28,700 $2,600 $26,100
2018 $403 $28,700 $2,600 $26,100
2017 $1,331 $28,700 $2,600 $26,100
2016 $1,331 $28,700 $2,600 $26,100
2015 $1,247 $28,700 $2,600 $26,100
2014 $1,246 $28,700 $2,600 $26,100
Source: Public Records

Agents Affiliated with this Home

  • Paul Pantano

    Seller's Agent in 2022

    Paul Pantano

    Pantano Real Estate Inc

    (302) 354-0792

    12 in this area

    186 Total Sales

    Paul Pantano
    Section Image
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Map

Source: Bright MLS

MLS Number: DENC2026150

Bright MLS

APN: 26-042.30-193

Delaware New Castle County Wilmington 19804 Browntown

115 Cedar St, Wilmington, DE

This home is located at 115 Cedar St, Wilmington, DE 19805 since 21 June 2022 and is currently estimated at $111,459. This property was built in 1917. 115 Cedar St is a home located in New Castle County with nearby schools including The Bayard School, Glasgow High School, and St Elizabeth Elementary School.

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