NOT LISTED FOR SALE

Estimated Value: $432,391 - $860,000

-- Bed
2 Baths
2,122 Sq Ft
$298/Sq Ft Est. Value

Last Sold June 10, 2021

Last sale price $455,000 $214 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,888/month

Highlights

  • Second Kitchen
  • 0.07 Acre Lot
  • Contemporary Architecture
  • City View
  • Open Floorplan
  • 5-minute walk to H. Fletcher Brown Park

About This Home

As of June 2021

GREAT INVESTMENT PROPERTY! This is your opportunity to own one of the pristine Lawyer's Row Residences nestled into the business district near the heart of downtown Wilmington! This urban oasis was masterfully and lovingly renovated and restored, inside and out by the local, award-winning design firm, Urban Concepts. From the top to bottom, this multi-unit 3 bedroom, 3 bath home is engulfed in state-of-the-art features including upgraded flooring and countertops, stainless appliances in both kitchens, heated floors, Nest thermostats, spa-like bathrooms with oversized walk-in showers, two sets of washer/dryers, full basement perfect for wine cellar, three designed parking spots and more! Whether you want to live in one unit and rent the other to offset mortgage costs, or run your business in one unit and live in the other, or even rent out both units, this is the property that you have been searching for! Both units are currently rated 4.8 stars on Airbnb and have average over 65% occupancy. This property will more than pay for itself! Located just blocks from downtown restaurants, coffee shots and brewpubs and minutes to Hotel Dupont, Wilmington’s Banking District, the Wilmington AMTRAK Station, and local parks. Property management is also available. Schedule your tour today! Tour this home virtually:https://my.matterport.com/show/?m=Giyrn4MNtPE&mls=1

Last Agent to Sell the Property

Claryssa McEnany

Compass License #RS-0024051 Listed on: 01/29/2021

Compass

Last Buyer's Agent

Vincent Trombetta

Long & Foster Real Estate, Inc. License #RS-0025793

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900 | Remodeled in 2019

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 28.30 x 103.00
  • Downtown Location
  • Property is in excellent condition

Home Design

  • Duplex
  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • Open Floorplan
  • Recessed Lighting
  • Insulated Windows
  • Insulated Doors
  • City Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Fire Escape

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Built-In Range
  • Range Hood
  • Built-In Microwave
  • Upgraded Countertops
  • Wine Rack

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • En-Suite Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • 4 Off-Street Spaces
  • Private Parking
  • Shared Driveway
  • Paved Parking

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Home Energy Management
  • Solar Heating System

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units
  • 3-Story Building
  • Midtown Brandywine Subdivision

Listing and Financial Details

  • Tax Lot 220
  • Assessor Parcel Number 26-028.40-220

Property Details

Home Type

Multi-Family

Year Built

Built in 1900 | Remodeled in 2019

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Exclusions: (ONE) washer and dryer set
  • Inclusions: Furniture negotiable. (ONE) washer and dryer set, appliances
  • New Construction: No
  • Year Built: 1900
  • Year Renovated: 2019
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Appliances: Range Hood, Built-In Range, Built-In Microwave, Microwave, Refrigerator, Energy Efficient Appliances, Washer, Dryer, Water Heater
  • Flooring Type: Carpet, Ceramic Tile, Vinyl
  • Interior Amenities: 2nd Kitchen, Entry Level Bedroom, Floor Plan - Open, Kitchen - Table Space, Kitchen - Eat-In, Pantry, Recessed Lighting, Stall Shower, Tub Shower, Upgraded Countertops, Wine Storage, Primary Bath(s)
  • Window Features: Insulated, Energy Efficient
  • Fireplace: No
  • Door Features: Insulated
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2772
  • Living Area Sq Ft: 2122
  • Price Per Sq Ft: 212.06
  • Above Grade Finished Sq Ft: 2122
  • Below Grade Sq Ft: 650
  • Total Below Grade Sq Ft: 650
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1220

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Fire Escape, Sidewalks, Street Lights
  • Spa: No
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking, Private, Shared Driveway
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Monthly Average Electric: 155
  • Previous Twelve Months Electric Expense: 1860.00
  • Heating Fuel: Solar, Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Natural Gas Available, Water Available, Phone Available
  • Monthly Water Average: 60
  • Water Previous Twelve Months: 720.00
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890
  • School District Source: Listing Agent

Green Features

  • Efficiency: Home Energy Management
  • Green Remarks: Solar Panels

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 28.30 x 103.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: 26C-4
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Weekly
  • Ground Rent Exists: No
  • Rent Control: No
  • Units Furnished: All
  • Vacation Rental: No

Tax Info

  • School Tax: 4747.75
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 8185.00
  • Assessor Parcel Number: 26-028.40-220
  • Tax Lot: 220
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 06/10/2021

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2024
Sold by
Nirmel Ashok N and Nirmel Sarita A
Bought by
Nirmel Family Trust and Nirmel
Current Estimated Value
$632,464

Purchase Details

Listed on
Jan 29, 2021
Closed on
Jun 3, 2021
Sold by
Schmitz Jennifer M
Bought by
Nirmel Ashok N and Nirmel Sarita A
Seller's Agent
Claryssa McEnany
Compass
Buyer's Agent
Vincent Trombetta
Long & Foster Real Estate, Inc.
List Price
$450,000
Sold Price
$455,000
Premium/Discount to List
$5,000
1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.05%
Original Mortgage
$273,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2019
Sold by
Urban Concepts Llc
Bought by
Schmitz Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2018
Sold by
Uc King Street Properties Llc
Bought by
Urban Concepts Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
4.44%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 11, 2016
Sold by
Urban Concepts Llc
Bought by
Uc King Street Properties Llc

Purchase Details

Closed on
May 6, 2015
Sold by
Tsimpos Dimitrios K and Tsimpos Elaine J
Bought by
Brown Mary P

Purchase Details

Closed on
Jun 11, 2014
Sold by
Prd Realty 1220 Llc
Bought by
Schmitz Jennifer and Tsimpos Dimitrios K

Purchase Details

Closed on
Oct 2, 2006
Sold by
Yerger Richard E
Bought by
Prd Realty 1220 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,500
Interest Rate
6.52%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 3, 2004
Sold by
Yerger Richard E
Bought by
Yerger Richard E

Purchase Details

Closed on
Feb 22, 2002
Sold by
Yerger Richard E and Yerger Geraldine J
Bought by
Yerger Geraldine J and Yerger Richard E
Source: Public Records

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
Nirmel Family Trust -- None Listed On Document
Nirmel Ashok N -- None Available
Schmitz Jennifer M -- None Available
Urban Concepts Llc -- None Available
Uc King Street Properties Llc -- Attorney
Brown Mary P $136,771 None Available
Schmitz Jennifer $225,000 None Available
Prd Realty 1220 Llc $550,000 None Available
Yerger Richard E -- --
Yerger Geraldine J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nirmel Ashok N $273,000
Previous Owner Schmitz Jennifer M $240,000
Previous Owner Urban Concepts Llc $550,000
Previous Owner Urban Concepts Llc $340,000
Previous Owner Prd Realty 1220 Llc $445,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2021 06/10/21 Sold $455,000 +1.1% $214 / Sq Ft
04/22/2021 04/22/21 For Sale $450,000 -1.1% $212 / Sq Ft
04/20/2021 04/20/21 Off Market $455,000 -- --
04/19/2021 04/19/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $450,000 -- $212 / 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 $5,629 $152,700 $61,000 $91,700
2023 $5,507 $152,700 $61,000 $91,700
2022 $5,432 $152,700 $61,000 $91,700
2021 $5,292 $152,700 $61,000 $91,700
2020 $5,139 $152,700 $61,000 $91,700
2019 $6,665 $135,400 $61,000 $74,400
2018 $547 $135,400 $61,000 $74,400
2017 $6,278 $135,400 $61,000 $74,400
2016 $6,278 $135,400 $61,000 $74,400
2015 $5,881 $135,400 $61,000 $74,400
2014 -- $135,400 $61,000 $74,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC520288

Bright MLS

APN: 26-028.40-220