NOT LISTED FOR SALE

1225 W 3rd St Wilmington, DE 19805

Estimated Value: $119,000 - $191,000

3 Beds
1.5 Baths
1,250 Sq Ft
$125/Sq Ft Est. Value

Last Sold January 09, 2015

Last sale price $35,000 $28 Per Sq Ft

Est. 346% increase in value since last sale

Current estimated payment $886/month

223 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Forced Air Heating System
  • Dupont (H.B.) Middle School Rated A
  • Living Room
  • 1-minute walk to Connell Street Park

About This Home

As of January 2015

Here is a great turn key rental. This 3 bedroom, 1 full bath and 1 half bath house has been rehabbed. The house is currently occupied with a new one year lease that started on May 23rd and is getting $900 per month. This will make for a great return on investment.

Last Agent to Sell the Property

KEITH LEVITT

soldbuykeith@gmail.com Coldwell Banker Realty Listed on: 05/29/2014

Last Buyer's Agent

Brian Ferreira

(609) 707-5124 brian@theferreiragroup.net BHHS Fox & Roach-Greenville License #0453710

BHHS Fox & Roach-Greenville

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1900

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 15x86
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,250 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • 100 Amp Service
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 533
  • Assessor Parcel Number 26-034.10-533

Townhouse Details

Home Type

Townhome

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • Inclusions: All Owners Contents Of House
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Wood
  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Master Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Total Sq Ft: 1250
  • Living Area Sq Ft: 1250
  • Net Sq Ft: 1250.00
  • Price Per Sq Ft: 32.00
  • Above Grade Finished Sq Ft: 1250
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, 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

Lot Info

  • Improvement Assessed Value: 22300.00
  • Land Assessed Value: 2400.00
  • Lot Size Acres: 0.03
  • Lot Dimensions: 15X86
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Property Condition: Good
  • Zoning: 26R-3

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2409269
  • Tax Annual Amount: 994.00
  • Assessor Parcel Number: 26-034.10-533
  • Tax Lot: 533
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2020
Sold by
Decoursey William J and Decoursey Sara
Bought by
916 Holdings Llc 1225 W 3Rd Series
Current Estimated Value
$156,268

Purchase Details

Listed on
May 29, 2014
Closed on
Jan 9, 2015
Bought by
Decoursey William J and Ritzer Sara
Seller's Agent
KEITH LEVITT
Coldwell Banker Realty
Buyer's Agent
Brian Ferreira
BHHS Fox & Roach-Greenville
List Price
$40,000
Sold Price
$35,000
Premium/Discount to List
-$5,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.68%

Purchase Details

Listed on
Oct 25, 2013
Closed on
Dec 19, 2013
Sold by
Lk3 Investments Llc
Bought by
R & S Real Estate Investments Llc
Seller's Agent
KEITH LEVITT
Coldwell Banker Realty
Buyer's Agent
KEITH LEVITT
Coldwell Banker Realty
List Price
$25,000
Sold Price
$12,500
Premium/Discount to List
-$12,500
-50%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
164.15%

Purchase Details

Closed on
Sep 11, 2013
Sold by
Apex Property Management Wilm Llc
Bought by
Lk3 Investmen Ts Llc

Purchase Details

Closed on
Feb 23, 2006
Sold by
Woods David R
Bought by
Apex Property Management Wilm Llc

Purchase Details

Closed on
Feb 22, 2006
Sold by
Jpmorgan Chase Bank
Bought by
Woods David

Purchase Details

Closed on
Sep 27, 2005
Sold by
Coleman Danny and Mortgage Electronic Registrati
Bought by
Jpmorgan Chase Bank

Purchase Details

Closed on
Aug 29, 2003
Sold by
St Properties Inc
Bought by
Coleman Danny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,250
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2003
Sold by
Wm Specialty Mortgage Llc
Bought by
St Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,250
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 2003
Sold by
Hyland Lamont B and Hyland Dianne S
Bought by
Washington Mutual Bank
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

Date Buyer Sale Price Title Company
916 Holdings Llc 1225 W 3Rd Series $14,000 None Available
Decoursey William J -- --
R & S Real Estate Investments Llc $12,500 None Available
Lk3 Investmen Ts Llc $8,000 None Available
Apex Property Management Wilm Llc -- None Available
Woods David $50,000 None Available
Jpmorgan Chase Bank $72,000 --
Coleman Danny $85,000 --
St Properties Inc $25,000 --
Washington Mutual Bank $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coleman Danny $72,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/09/2015 01/09/15 Sold $35,000 -12.5% $28 / Sq Ft
01/08/2015 01/08/15 Price Changed $40,000 0.0% $32 / Sq Ft
01/07/2015 01/07/15 Pending -- -- --
12/16/2014 12/16/14 Price Changed $40,000 0.0% $32 / Sq Ft
12/15/2014 12/15/14 Pending -- -- --
11/18/2014 11/18/14 Pending -- -- --
05/29/2014 05/29/14 For Sale $40,000 +220.0% $32 / Sq Ft
12/19/2013 12/19/13 Sold $12,500 -7.4% $10 / Sq Ft View Prior Sale
12/05/2013 12/05/13 Pending -- -- --
12/02/2013 12/02/13 Price Changed $13,500 -32.2% $11 / Sq Ft
11/05/2013 11/05/13 Price Changed $19,900 -20.4% $16 / Sq Ft
10/25/2013 10/25/13 For Sale $25,000 -- $20 / 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 $771 $24,700 $2,400 $22,300
2023 $670 $24,700 $2,400 $22,300
2022 $673 $24,700 $2,400 $22,300
2021 $672 $24,700 $2,400 $22,300
2020 $676 $24,700 $2,400 $22,300
2019 $1,172 $24,700 $2,400 $22,300
2018 $12 $24,700 $2,400 $22,300
2017 $506 $24,700 $2,400 $22,300
2016 $506 $24,700 $2,400 $22,300
2015 $1,047 $24,700 $2,400 $22,300
2014 $994 $24,700 $2,400 $22,300
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2015

    KEITH LEVITT

    Coldwell Banker Realty

  • Brian Ferreira

    Buyer's Agent in 2015

    Brian Ferreira

    BHHS Fox & Roach

    (609) 707-5124

    150 Total Sales

    Brian Ferreira
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Map

Source: Bright MLS

MLS Number: 1002947100

Bright MLS

APN: 26-034.10-533

Delaware New Castle County Wilmington 19805

1225 W 3rd St, Wilmington, DE

Not Listed for Sale

Townhouses

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