NOT LISTED FOR SALE

Estimated Value: $266,000 - $347,557

-- Bed
2 Baths
1,800 Sq Ft
$177/Sq Ft Est. Value

Last Sold July 16, 2018

Last sale price $175,000 $97 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,919/month

45 Days on Market

Highlights

  • 0.13 Acre Lot
  • Wood Flooring
  • En-Suite Primary Bedroom
  • Pierre S. Dupont Middle School Rated A-
  • No HOA
  • Forced Air Heating System

About This Home

As of July 2018

This solid brick detached two unit home located in the heart of the Ninth Ward section of Wilmington is a perfect and easy to manage income property. There are two units with two bedrooms each. Utilities are separate except for the water/sewer. Two separate entrances, 1st floor unit entrance is on the West Street side; 2nd floor unit entrance is on 35th Street. Potential subdivision and extra lot on West St.

Last Listed By

Michael Dunning

Redfin Corporation License #R1-0003069 Listed on: 04/29/2018

Redfin Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,619

Year Built

  • Built in 1935

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 55 x 100
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,800 Sq Ft Home
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Schools

  • Harlan Elementary School
  • Dupont Middle School
  • Concord High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 26-016.10-192

Community Details

Overview

  • No Home Owners Association
  • Ninth Ward Subdivision

Building Details

  • Insurance Expense $600
  • Maintenance Expense $900
  • Operating Expense $5,119

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,619

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Tenants' Personal Property
  • Inclusions: Range And Refrigerator (2)
  • New Construction: No
  • Storage: Basement
  • Year Built: 1935
  • Remarks Public: This solid brick detached two unit home located in the heart of the Ninth Ward section of Wilmington is a perfect and easy to manage income property. There are two units with two bedrooms each. Utilities are separate except for the water/sewer. Two separate entrances, 1st floor unit entrance is on the West Street side; 2nd floor unit entrance is on 35th Street. Potential subdivision and extra lot on West St.
  • Special Features: VirtualTour

Interior Features

  • Flooring Type: Wood
  • Fireplace: No
  • Entry Location: Private
  • Foundation Details: Brick/Mortar
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1800
  • Living Area Sq Ft: 1800
  • Price Per Sq Ft: 100.00
  • Above Grade Finished Sq Ft: 1800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 127

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Flat
  • 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
  • Cooling Type: Wall Unit
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1000.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: BRANDYWINE
  • Elementary School: HARLAN
  • Middle School: DUPONT
  • High School: CONCORD
  • School District Key: 300200396892
  • Elementary School: HARLAN
  • High School: CONCORD
  • Middle Or Junior School: DUPONT

Lot Info

  • Improvement Assessed Value: 44600.00
  • Land Assessed Value: 10800.00
  • Lot Size Acres: 0.13
  • Lot Dimensions: 55 X 100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5663.00
  • Property Condition: Good
  • Zoning: 2CR-3

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 20400.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 2395719
  • Tax Annual Amount: 2619.00
  • Assessor Parcel Number: 26-016.10-192
  • Tax Year: 2017
  • Close Date: 07/16/2018

MLS Schools

  • School District Name: BRANDYWINE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2018
Closed on
Jul 16, 2018
Sold by
Cresci Kenneth J
Bought by
Seymour Clay
Seller's Agent
Michael Dunning
Redfin Corporation
Buyer's Agent
Clay Seymour
EXP Realty, LLC
List Price
$180,000
Sold Price
$175,000
Premium/Discount to List
-$5,000
-2.78%
Total Days on Market
45
Current Estimated Value
$319,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,186
Avg. Annual Appreciation
7.41%
Original Mortgage
$131,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1983
Bought by
Cresci Kenneth J

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
Seymour Clay $175,000 None Available
Cresci Kenneth J $51,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seymour Clay $135,100
Closed Seymour Clay $131,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2018 07/16/18 Sold $175,000 -2.8% $97 / Sq Ft
06/13/2018 06/13/18 Pending -- -- --
04/29/2018 04/29/18 For Sale $180,000 -- $100 / 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 $1,790 $55,400 $10,800 $44,600
2023 $1,624 $55,400 $10,800 $44,600
2022 $1,643 $55,400 $10,800 $44,600
2021 $1,640 $55,400 $10,800 $44,600
2020 $1,643 $55,400 $10,800 $44,600
2019 $1,651 $55,400 $10,800 $44,600
2018 $1,589 $55,400 $10,800 $44,600
2017 $1,577 $55,400 $10,800 $44,600
2016 $1,576 $55,400 $10,800 $44,600
2015 $2,458 $55,400 $10,800 $44,600
2014 $2,457 $55,400 $10,800 $44,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000468162

Bright MLS

APN: 26-016.10-192