$9,500
SOLD AUG 21, 2014

126 N Franklin St Wilmington, DE 19805

3 Beds
1 Bath
1,125 Sq Ft
1,307 Sq Ft Lot

Recently Sold

$8 Per Sq Ft

26% Below List Price

17 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • En-Suite Primary Bedroom
  • Dupont (H.B.) Middle School Rated A
  • Living Room
  • 2-minute walk to Connell Street Park

About This Home

As of February 2019

R-8304 - Bank Owned, this 3 bedroom 1 bath Townhome needs a new life. Property needs repairs but would make a income producing rental or a nice home after the repairs. This property is eligible under the Freddie Mac First Look Initiative through 7/26/2014. Owner Occupant Homebuyers and select non-profits have an exclusive opportunity to purchase this home in the first 20 days of listing and prior to competition from investors through a special initiative. This ongoing initiative does not apply only to first time homebuyers, buyer does not to use as primary residence. Investor offer will be considered on and after 7/27/2014. Owner has never lived in property, all measurements are approx., Being sold AS IS. All inspections are for informational purpose only.

Last Agent to Sell the Property

A. DANIEL WEST

RE/MAX Horizons License #TREND:60010885 Listed on: 07/07/2014

Last Buyer's Agent

Joseph Hurley

Pantano Real Estate Inc License #RS-0018346

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1900

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 14x78

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,125 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Laundry in Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 632
  • Assessor Parcel Number 26-034.10-632

Townhouse Details

Home Type

Townhome

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Remarks Public: R-8304 - Bank Owned, this 3 bedroom 1 bath Townhome needs a new life. Property needs repairs but would make a income producing rental or a nice home after the repairs. This property is eligible under the Freddie Mac First Look Initiative through 7/26/2014. Owner Occupant Homebuyers and select non-profits have an exclusive opportunity to purchase this home in the first 20 days of listing and prior to competition from investors through a special initiative. This ongoing initiative does not apply only to first time homebuyers, buyer does not to use as primary residence. Investor offer will be considered on and after 7/27/2014. Owner has never lived in property, all measurements are approx., Being sold AS IS. All inspections are for informational purpose only.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Basement
  • Total Sq Ft: 1125
  • Living Area Sq Ft: 1125
  • Net Sq Ft: 1125.00
  • Price Per Sq Ft: 11.47
  • Above Grade Finished Sq Ft: 1125
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 126

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full 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
  • Heating Fuel: Oil
  • Heating Type: Oil, 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

Schools

  • School District: RED CLAY CONSOLIDATED
  • School District Key: 300200396545

Lot Info

  • Improvement Assessed Value: 10800.00
  • Land Assessed Value: 2400.00
  • Lot Size Acres: 0.03
  • Lot Dimensions: 14X78
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Zoning: 26R-3

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2409368
  • Tax Annual Amount: 515.00
  • Assessor Parcel Number: 26-034.10-632
  • Tax Lot: 632
  • Tax Year: 2013
  • Close Date: 08/21/2014

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2018
Closed on
Feb 22, 2019
Sold by
Wilmington Housing Partnership Corp
Bought by
126 Franklin Tower Llc
Seller's Agent
Paul Pantano
Pantano Real Estate Inc
Buyer's Agent
Clewell Anderson
Crown Homes Real Estate
List Price
$27,900
Sold Price
$18,500
Premium/Discount to List
-$9,400
-33.69%
Current Estimated Value
$121,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,351
Avg. Annual Appreciation
32.74%

Purchase Details

Listed on
May 26, 2015
Closed on
Feb 3, 2016
Sold by
Ikram Wahlal Isa Wal
Bought by
Wilmington Housing Partnership
Seller's Agent
Daniel Duncan
RE/MAX Edge
Buyer's Agent
Paul Pantano
Pantano Real Estate Inc
List Price
$45,000
Sold Price
$40,000
Premium/Discount to List
-$5,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-22.34%

Purchase Details

Listed on
Jul 7, 2014
Closed on
Aug 8, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Wal Ikram Tahlal Isa
Seller's Agent
A. DANIEL WEST
RE/MAX Horizons
Buyer's Agent
Joseph Hurley
Pantano Real Estate Inc
List Price
$12,900
Sold Price
$9,500
Premium/Discount to List
-$3,400
-26.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
167.69%

Purchase Details

Closed on
Oct 9, 2007
Sold by
Guy Kwame K
Bought by
Capital Property Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,200
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2007
Sold by
Renovation Station Group Llc
Bought by
Revest Properties Llc

Purchase Details

Closed on
Mar 14, 2007
Sold by
Wells Fargo Bank Na
Bought by
Renovation Station Group Llc

Purchase Details

Closed on
Sep 21, 2006
Sold by
Bratten Yolanda G and Bratten Pervis E
Bought by
Wells Fargo Bank Na and Certificate Holders Park Place Securitie

Purchase Details

Closed on
Apr 2, 2003
Sold by
909 Associates
Bought by
Bratten Pervis E and Bratten Yolanda G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
8.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2002
Sold by
Dougherty John M and Dougherty Theresa M
Bought by
909 Associates
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed -- None Available
Deed -- Attorney
Special Warranty Deed $9,500 None Available
Deed -- None Available
Deed $98,000 None Available
Deed -- None Available
Special Warranty Deed $44,000 None Available
Sheriffs Deed $67,500 None Available
Deed $80,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $75,000 New Conventional
Previous Owner $88,200 Purchase Money Mortgage
Previous Owner $72,250 Adjustable Rate Mortgage/ARM
Previous Owner $61,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2019 02/22/19 Sold $18,500 -33.7% $16 / Sq Ft
11/13/2018 11/13/18 For Sale $27,900 -30.3% $25 / Sq Ft
02/04/2016 02/04/16 Sold $40,000 0.0% $25 / Sq Ft
01/02/2016 01/02/16 Pending -- -- --
06/24/2015 06/24/15 Price Changed $40,000 -11.1% $25 / Sq Ft
05/26/2015 05/26/15 For Sale $45,000 +373.7% $29 / Sq Ft
08/21/2014 08/21/14 Sold $9,500 0.0% $8 / Sq Ft
07/24/2014 07/24/14 Pending -- -- --
07/23/2014 07/23/14 Off Market $9,500 -- --
07/07/2014 07/07/14 For Sale $12,900 -- $11 / 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 $412 $13,200 $2,400 $10,800
2023 $358 $13,200 $2,400 $10,800
2022 $360 $13,200 $2,400 $10,800
2021 $359 $13,200 $2,400 $10,800
2020 $361 $13,200 $2,400 $10,800
2019 $626 $13,200 $2,400 $10,800
2018 $0 $13,200 $2,400 $10,800
2017 $245 $13,200 $2,400 $10,800
2016 $245 $13,200 $2,400 $10,800
2015 $559 $13,200 $2,400 $10,800
2014 $531 $13,200 $2,400 $10,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002997414

Bright MLS

APN: 26-034.10-632