NOT LISTED FOR SALE

1224 Lorrain Ave Wilmington, DE 19808

Marshallton Neighborhood

Estimated Value: $319,000 - $364,000

3 Beds
1.5 Baths
1,450 Sq Ft
$233/Sq Ft Est. Value

Sale Details

Date Sold: January 14, 2022

Last sale price $260,000 $179 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,023 / mo

3 Days on Market

Highlights

  • No HOA
  • Living Room
  • Brick Front
  • 1 Car Attached Garage
  • Laundry Room
  • Forced Air Heating and Cooling System

About This Home

As of January 2022

Great Opportunity to own this well maintained split level and make it your own. Lovingly maintained by its owner for over 57 years. A lot of major updates have been done. Roof, windows, Heater, Hot water heater in approximately the last 10 -12 years. Electric Panel and Outside Cable are being replaced this week. There are hardwood floors in the Living Room, Dining Room, all bedrooms and hallway that have been covered with carpet for many years. The Kitchen and Baths are mostly original however in great condition. Other features include: A fenced yard, one car garage and updated vinyl siding.
Conveniently located close to shopping, restaurants, and commuting routes.
This is the perfect opportunity for a buyer who wants to do their own updating while living in the home.
Home to be sold in "as is" condition no warranties expressed or implied.

Last Agent to Sell the Property

Linda Felicetti

(302) 239-3000 ssedita@psre.com Patterson-Schwartz-Hockessin License #RA-0002257 Listed on: 12/05/2021

Patterson-Schwartz-Hockessin

Last Buyer's Agent

Cristina TLASECA

(302) 836-0600 tm@madisonrealestateinc.com Madison Real Estate Inc. DBA MRE Residential Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,593

Year Built

  • Built in 1957

Lot Details

  • 6,970 Sq Ft Lot
  • Property is zoned NC6.5

Parking

  • 1 Car Attached Garage
  • Front Facing Garage

Home Design

  • Split Level Home
  • Block Foundation
  • Vinyl Siding
  • Brick Front

Interior Spaces

  • 1,450 Sq Ft Home
  • Property has 3 Levels
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Capital Tr Fms Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0804510005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,593

Year Built

Built in 1957

Lot Details

6,970 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • Inclusions: Washer, Dryer, Refrigerator all in "as is" condition
  • New Construction: No
  • Story List: Lower 1, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1957
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Block
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1450
  • Living Area Sq Ft: 1450
  • Price Per Sq Ft: 158.62
  • Above Grade Finished Sq Ft: 1450
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick Front, Vinyl Siding
  • Exterior Features: Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.16
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6970.00
  • Zoning: NC6.5
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 2286056
  • Tax Annual Amount: 1593.00
  • Assessor Parcel Number: 0804510005
  • Tax Year: 2021

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2021
Closed on
Jan 14, 2022
Sold by
Bought by
Seller's Agent
Linda Felicetti
Patterson-Schwartz-Hockessin
Buyer's Agent
Cristina TLASECA
Madison Real Estate Inc. DBA MRE Residential Inc.
List Price
$230,000
Sold Price
$260,000
Premium/Discount to List
$30,000
13.04%
Current Estimated Value
$338,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,417
Avg. Annual Appreciation
6.12%
Original Mortgage
$208,000
Outstanding Balance
$189,637
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$148,780
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Ridgway Law Group Llc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $208,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/14/2022 01/14/22 Sold $260,000 +13.0% $179 / Sq Ft
12/09/2021 12/09/21 Pending -- -- --
12/05/2021 12/05/21 For Sale $230,000 -- $159 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,391 $301,100 $61,700 $239,400
2024 $1,791 $48,300 $10,500 $37,800
2023 $1,280 $48,300 $10,500 $37,800
2022 $1,598 $48,300 $10,500 $37,800
2021 $36 $48,300 $10,500 $37,800
2020 $36 $48,300 $10,500 $37,800
2019 $36 $48,300 $10,500 $37,800
2018 $36 $48,300 $10,500 $37,800
2017 -- $48,300 $10,500 $37,800
2016 -- $48,300 $10,500 $37,800
2015 -- $48,300 $10,500 $37,800
2014 -- $48,300 $10,500 $37,800
Source: Public Records

Agents Affiliated with this Home

  • Linda Felicetti

    Seller's Agent in 2022

    Linda Felicetti

    Patterson Schwartz

    (302) 234-5195

    6 in this area

    48 Total Sales

    Linda Felicetti
    Section Image
  • Cristina TLASECA

    Buyer's Agent in 2022

    Cristina TLASECA

    Madison Real Estate Inc. DBA MRE Residential Inc.

    (484) 832-9590

    13 in this area

    147 Total Sales

    Cristina TLASECA
    Section Image
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Map

Source: Bright MLS

MLS Number: DENC2011290

Bright MLS

APN: 08-045.10-005

Delaware New Castle County Wilmington 19808 Marshallton

1224 Lorrain Ave, Wilmington, DE

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