$50,000
SOLD SEP 17, 2020

1206 W 3rd St Wilmington, DE 19805

-- Bed
-- Bath
1,325 Sq Ft
1,307 Sq Ft Lot

Recently Sold

$38 Per Sq Ft

23% Below List Price

137 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • 2-minute walk to Connell Street Park
  • Dupont (H.B.) Middle School Rated A
  • 90% Forced Air Heating and Cooling System

About This Home

As of March 2024

Welcome to your new investment located at 1206 W 3rd St in the city of Wilmington DE. Located 2 minutes from I-95 and 202 for quick commutes to Philadelphia, Baltimore and all the surrounding Tristate area. This is a 2 unit duplex with all new heating, electric, plumbing, paint, and laminate flooring. Great property to add to your portfolio or to be a first property and generate cash flow, The property is being sold as-is with no repairs or warranties. Prefer cash offers but will review conventional mortgage buyers. Due to Covid-19 use can take a virtual tour here https://studio.youtube.com/video/5o9ysOtQ-8s If you like the property and want more information call or text to 302-285-9604This home is being sold "as-is". Currently set up as 2 apartments. Buyer is responsible for making sure it can be used as a multifamily property. No warranties expressed or implied. All material in the home included. Cash offers only.

Last Agent to Sell the Property

Sean Brooks

EXP Realty, LLC License #RS-0022963 Listed on: 03/28/2020

EXP Realty, LLC

Last Buyer's Agent

Stephanie Mikul

RE/MAX Associates-Wilmington License #RS0025627

RE/MAX Associates-Wilmington

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $468

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
  • Brick Exterior Construction

Interior Spaces

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

Utilities

  • 90% Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 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

$468

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
  • Expected On Market: 2020-03-28
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to your new investment located at 1206 W 3rd St in the city of Wilmington DE. Located 2 minutes from I-95 and 202 for quick commutes to Philadelphia, Baltimore and all the surrounding Tristate area. This is a 2 unit duplex with all new heating, electric, plumbing, paint, and laminate flooring. Great property to add to your portfolio or to be a first property and generate cash flow, The property is being sold as-is with no repairs or warranties. Prefer cash offers but will review conventional mortgage buyers. Due to Covid-19 use can take a virtual tour here https://studio.youtube.com/video/5o9ysOtQ-8s If you like the property and want more information call or text to 302-285-9604This home is being sold "as-is". Currently set up as 2 apartments. Buyer is responsible for making sure it can be used as a multifamily property. No warranties expressed or implied. All material in the home included. Cash offers only.
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1325
  • Living Area Sq Ft: 1325
  • Price Per Sq Ft: 37.74
  • 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
  • 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: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 7800.00
  • Land Assessed Value: 2400.00
  • Lot Size Acres: 0.03
  • Lot Dimensions: 15.70 x 90.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Year Assessed: 2020
  • Zoning: 26R-3
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2409280
  • School Tax: 253.00
  • Tax Annual Amount: 468.00
  • Assessor Parcel Number: 26-034.10-544
  • Tax Lot: 544
  • Tax Total Finished Sq Ft: 1325
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 09/17/2020

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%
Total Days on Market
137
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
-1.48%
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%
Source: Public Records

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 Type Sale Price Title Company
Deed -- None Listed On Document
Deed -- Ward & Taylor Llc
Deed $10,200 None Available
Deed $97,500 None Available
Interfamily Deed Transfer -- --
Deed $15,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $139,200 New Conventional
Previous Owner $101,250 Unknown
Previous Owner $40,000 Future Advance Clause Open End Mortgage
Previous Owner $75,000 New Conventional
Previous Owner $11,250 No Value Available
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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DENC498686

Bright MLS

APN: 26-034.10-544