D
Seller's Agent in 2021
Dushyant Pathak
Patterson Schwartz
(302) 898-8502
1 in this area
4 Total Sales
1202 W 10th St Wilmington, DE 19806
Tilton Park NeighborhoodEstimated Value: $381,920 - $665,000
--
Bed
5
Baths
7,550
Sq Ft
$69/Sq Ft
Est. Value
Highlights
- 0.13 Acre Lot
- No HOA
- Multiple cooling system units
- Colonial Architecture
- 1 Car Detached Garage
- 2-minute walk to Cool Springs Park
About This Home
As of February 2021Visit this home virtually: http://www.vht.com/434113098/IDXS - Once in a life time Investment Opportunity as we currently have lowest interest rates in our history. Beautifully updated fully occupied five-unit apartment building located in Wilmington. Directly across from the Cool Springs Park (the most expansive and expensive city works project in history of Wilmington) within easy access to Trolley Square, I-95 and the downtown area. The apartments are one-bedroom units with shared pay laundry facilities. Updates and upgrades include architectural shingled roof, standing seam metal roof, garage roof, shared gas boiler and H/W heating, individual A/C units, kitchen appliances, concrete walk, shared electrical breakers. In addition, updates to the individual apartments paint, cabinets, plumbing, flooring etc.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,188
Year Built
- Built in 1920
Lot Details
- 5,663 Sq Ft Lot
- Lot Dimensions are 40x133
- Property is in very good condition
Parking
- 1 Car Detached Garage
- Rear-Facing Garage
Home Design
- Colonial Architecture
- Architectural Shingle Roof
- Metal Roof
- Masonry
Interior Spaces
- Ceiling Fan
- Basement Fills Entire Space Under The House
Outdoor Features
- Exterior Lighting
Utilities
- Multiple cooling system units
- Radiator
- Hot Water Heating System
- 200+ Amp Service
- Natural Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 202198379
Community Details
Overview
- No Home Owners Association
- 4 Units
- Cool Spring Subdivision
Building Details
- Income includes laundry, parking
- Operating Expense $16,815
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 12, 2020
Closed on
Feb 23, 2021
Sold by
Westmoreland Properties Inc
Bought by
L & L Properties Llc
Seller's Agent
Dushyant Pathak
Patterson-Schwartz-Hockessin
Buyer's Agent
PATRICK D. LORENZ
Patterson-Schwartz - Greenville
List Price
$515,000
Sold Price
$450,000
Premium/Discount to List
-$65,000
-12.62%
Total Days on Market
50
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
$68,730
Avg. Annual Appreciation
3.25%
Original Mortgage
$446,900
Outstanding Balance
$406,936
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$109,204
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 |
|---|---|---|---|
| L & L Properties Llc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | L & L Properties Llc | $446,900 | |
| Previous Owner | Brandywine Securities Inc | $267,500 | |
| Previous Owner | -- | $214,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/23/2021 02/23/21 | Sold | $450,000 | -4.3% | $60 / Sq Ft |
| 01/06/2021 01/06/21 | Price Changed | $470,000 | -3.9% | $62 / Sq Ft |
| 12/01/2020 12/01/20 | Pending | -- | -- | -- |
| 11/27/2020 11/27/20 | Price Changed | $489,000 | -5.0% | $65 / Sq Ft |
| 10/12/2020 10/12/20 | For Sale | $515,000 | -- | $68 / Sq Ft |
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 | $2,755 | $88,300 | $17,000 | $71,300 |
| 2023 | $2,406 | $88,300 | $17,000 | $71,300 |
| 2022 | $2,406 | $88,300 | $17,000 | $71,300 |
| 2021 | $2,402 | $88,300 | $17,000 | $71,300 |
| 2020 | $2,415 | $88,300 | $17,000 | $71,300 |
| 2019 | $4,190 | $88,300 | $17,000 | $71,300 |
| 2018 | $2,141 | $88,300 | $17,000 | $71,300 |
| 2017 | $3,912 | $88,300 | $17,000 | $71,300 |
| 2016 | $3,912 | $88,300 | $17,000 | $71,300 |
| 2015 | $3,742 | $88,300 | $17,000 | $71,300 |
| 2014 | $3,552 | $88,300 | $17,000 | $71,300 |
Source: Public Records
Agents Affiliated with this Home
-
Dushyant Pathak
-
PATRICK D. LORENZ
Buyer's Agent in 2021
PATRICK D. LORENZ
Patterson Schwartz
(302) 429-4500
3 in this area
84 Total Sales
Map
Source: Bright MLS
MLS Number: DENC511132
APN: 26-027.20-083
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