NOT LISTED FOR SALE

1206 W 3rd St Wilmington, DE 19805

Estimated Value: $150,647 - $196,000

-- Bed
2 Baths
1,325 Sq Ft
$129/Sq Ft Est. Value

Last Sold March 14, 2024

Last sale price $174,000 $131 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $984/month

Highlights

  • Colonial Architecture
  • Central Heating and Cooling System
  • 2-minute walk to Connell Street Park
  • Dupont (H.B.) Middle School Rated A

About This Home

As of March 2024

Calling all investors & home owners! If you looking for a carefree, cash flowing asset, then look no further. Allow me to introduce you to 1206 W 3rd St. this well maintained Property presents an awesome investment opportunity or a versatile living arrangement for multi-generational families. Lower level unit- 1 bedroom, 1 bathroom Upstairs unit - 2 bedrooms, 1 bathroom. This property will sell fast!

Last Listed By

Clarissa Howard

Tesla Realty Group, LLC License #RS-0024232 Listed on: 02/29/2024

Tesla Realty Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $467

Year Built

  • Built in 1900

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 15.70 x 90.00

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Colonial Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation
  • Rubber Roof

Interior Spaces

  • 1,325 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 544
  • Assessor Parcel Number 26-034.10-544

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$467

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Calling all investors & home owners! If you looking for a carefree, cash flowing asset, then look no further. Allow me to introduce you to 1206 W 3rd St. this well maintained Property presents an awesome investment opportunity or a versatile living arrangement for multi-generational families. Lower level unit- 1 bedroom, 1 bathroom Upstairs unit - 2 bedrooms, 1 bathroom. This property will sell fast!
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1325
  • Living Area Sq Ft: 1325
  • Price Per Sq Ft: 132.08
  • Above Grade Finished Sq Ft: 1325
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1206

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Flat, Rubber
  • 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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

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

Lot Info

  • Lot Size Acres: 0.03
  • Lot Dimensions: 15.70 x 90.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Year Assessed: 2022
  • Zoning: 26R-3
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 252.00
  • Tax Annual Amount: 467.00
  • Assessor Parcel Number: 26-034.10-544
  • Tax Lot: 544
  • Tax Total Finished Sq Ft: 1325
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 03/14/2024

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
Mar 8, 2024
Sold by
Twothrees Enterprises Llc
Bought by
Dls2 Properties Llc
Seller's Agent
Clarissa Howard
Tesla Realty Group, LLC
Buyer's Agent
Bee Brown
Crown Homes Real Estate
List Price
$175,000
Sold Price
$174,000
Premium/Discount to List
-$1,000
-0.57%
Current Estimated Value
$170,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,118
Avg. Annual Appreciation
-1.51%
Original Mortgage
$139,200
Outstanding Balance
$137,419
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$33,463

Purchase Details

Listed on
Mar 28, 2020
Closed on
Sep 17, 2020
Sold by
Jamell Lunnon
Bought by
Twothrees Enterprises Llc
Seller's Agent
Sean Brooks
EXP Realty, LLC
Buyer's Agent
Stephanie Mikul
RE/MAX Associates-Wilmington
List Price
$65,000
Sold Price
$50,000
Premium/Discount to List
-$15,000
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.95%
Original Mortgage
$40,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 15, 2013
Sold by
Jasmin Properties Llc
Bought by
Lunnon Jamell

Purchase Details

Closed on
May 17, 2007
Sold by
Guzman Luiz A and Guzman Rosa
Bought by
Jasmin Properties Llc

Purchase Details

Closed on
Mar 26, 2004
Sold by
Guzman Luiz A and Guzman Rosa
Bought by
Guzman Luiz A and Guzman Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2002
Sold by
Colon William and Colon Herminia
Bought by
Guzman Luiz A and Guzman Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,250
Interest Rate
6.48%

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
Dls2 Properties Llc -- None Listed On Document
Twothrees Enterprises Llc -- Ward & Taylor Llc
Lunnon Jamell $10,200 None Available
Jasmin Properties Llc $97,500 None Available
Guzman Luiz A -- --
Guzman Luiz A $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dls2 Properties Llc $139,200
Previous Owner Twothrees Enterprises Llc $101,250
Previous Owner Twothrees Enterprises Llc $40,000
Previous Owner Guzman Luiz A $75,000
Previous Owner Guzman Luiz A $11,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2024 03/14/24 Sold $174,000 -0.6% $131 / Sq Ft
02/29/2024 02/29/24 For Sale $175,000 +250.0% $132 / Sq Ft
09/17/2020 09/17/20 Sold $50,000 -23.1% $38 / Sq Ft
08/13/2020 08/13/20 Pending -- -- --
03/28/2020 03/28/20 For Sale $65,000 -- $49 / 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 $318 $10,200 $2,400 $7,800
2023 $277 $10,200 $2,400 $7,800
2022 $278 $10,200 $2,400 $7,800
2021 $277 $10,200 $2,400 $7,800
2020 $326 $10,200 $2,400 $7,800
2019 $484 $10,200 $2,400 $7,800
2018 $449 $10,200 $2,400 $7,800
2017 $452 $10,200 $2,400 $7,800
2016 $452 $10,200 $2,400 $7,800
2015 $432 $10,200 $2,400 $7,800
2014 $410 $10,200 $2,400 $7,800
Source: Public Records

Agents Affiliated with this Home

  • Clarissa Howard

    Seller's Agent in 2024

    Clarissa Howard

    Tesla Realty Group, LLC

    (302) 213-4162

    42 Total Sales

    Clarissa Howard
    Section Image

  • B

    Buyer's Agent in 2024

    Bee Brown

    Crown Homes Real Estate

    (267) 895-6633

    17 Total Sales

    Bee Brown
    Section Image
  • Sean Brooks

    Seller's Agent in 2020

    Sean Brooks

    EXP Realty, LLC

    (302) 285-9604

    35 Total Sales

    Sean Brooks
    Section Image
  • Stephanie Mikul

    Buyer's Agent in 2020

    Stephanie Mikul

    RE/MAX

    (302) 218-5182

    42 Total Sales

    Stephanie Mikul
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DENC2057050

Bright MLS

APN: 26-034.10-544

Delaware New Castle County Wilmington 19805

1206 W 3rd St, Wilmington, DE

Homes for Sale in Wilmington, DE

This home is located at 1206 W 3rd St, Wilmington, DE 19805 since 29 February 2024 and is currently estimated at $170,882, approximately $128 per square foot. This property was built in 1900. 1206 W 3rd St is a home located in New Castle County with nearby schools including Warner Elementary School, Dupont (H.B.) Middle School, and McKean (Thomas) High School.

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