1301 N Franklin St Unit 4 Wilmington, DE 19806
Delaware Avenue NeighborhoodEstimated Value: $100,000 - $222,891
1
Bed
1
Bath
--
Sq Ft
$344/mo
HOA Fee
Highlights
- Colonial Architecture
- Forced Air Heating and Cooling System
- Historic Home
- Fireplace
About This Home
As of June 2019Unique opportunity in Trolley Square to own a piece of Wilmington history! A stunning building that has been placed on the National Register of Historic Places, this income generating rental unit is a no-brainer for the savvy investor. Situated on a grassy knoll and surrounded by mature landscaping, your first impression is enhanced by the shared front porch and charming architecture. From the moment you enter the foyer, you will delight in the polished dark wood accents, reminiscent of grand 18th century style. This 1 bedroom, 1 bathroom unit is located on the second floor and features tons of windows throughout, especially in the kitchen! The hardwood floors and neutral paint colors will please any future tenant, as will the large size of the living room and bedroom. The bedroom has plenty of closet space for clothes and extra storage. This unit is currently producing a rental income and can be a great investment for anyone looking to enter the rental market or as a personal residence. Conveniently located in walking distance to all the restaurants and shopping Trolley Square has to offer and close to all major routes, this opportunity will not last long! Book your tour today!
Property Details
Home Type
- Condominium
Year Built
- Built in 1905
HOA Fees
- $344 Monthly HOA Fees
Home Design
- Colonial Architecture
- Brick Exterior Construction
Interior Spaces
- Property has 3 Levels
- Fireplace
- Unfinished Basement
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
Parking
- 1 Open Parking Space
- 1 Parking Space
- Off-Street Parking
Utilities
- Forced Air Heating and Cooling System
- 100 Amp Service
- Electric Water Heater
- Municipal Trash
Additional Features
- Doors are 32 inches wide or more
- Historic Home
Community Details
- Association fees include common area maintenance, exterior building maintenance, lawn maintenance, sewer, snow removal, trash, water
- Low-Rise Condominium
- Wilmington Subdivision
Listing and Financial Details
- Assessor Parcel Number 2602040047C0004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 8, 2019
Closed on
Jun 13, 2019
Sold by
Count A Series Of East West Bloom Llc
Bought by
Mitchell Mary Ellen
Seller's Agent
Jeff Stape
Compass
Buyer's Agent
Michael Kelczewski
Monument Sotheby's International Realty
List Price
$65,000
Sold Price
$65,000
Total Days on Market
37
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,297
Avg. Annual Appreciation
16.39%
Purchase Details
Listed on
Oct 10, 2013
Closed on
May 23, 2014
Sold by
Bloom Seth
Bought by
Court A Series Of East West Bloom Llc
Seller's Agent
Paul Pantano
Pantano Real Estate Inc
Buyer's Agent
Jeff Stape
Compass
List Price
$109,900
Sold Price
$39,860
Premium/Discount to List
-$70,040
-63.73%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.98%
Purchase Details
Listed on
Oct 10, 2013
Closed on
Apr 22, 2014
Sold by
Fannie Mae
Bought by
Bloom Seth
Seller's Agent
Paul Pantano
Pantano Real Estate Inc
Buyer's Agent
Jeff Stape
Compass
List Price
$109,900
Sold Price
$39,860
Premium/Discount to List
-$70,040
-63.73%
Purchase Details
Closed on
Jul 8, 2013
Sold by
Vulanovic Ivan
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Oct 26, 2007
Sold by
Nagowski Gerald M
Bought by
Vulanovic Ivan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,575
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 30, 2001
Sold by
Berry Michael C
Bought by
Nagowski Gerald M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,850
Interest Rate
6.96%
Similar Homes in Wilmington, DE
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mitchell Mary Ellen | -- | None Available | |
| Court A Series Of East West Bloom Llc | -- | None Available | |
| Bloom Seth | $39,860 | None Available | |
| Federal National Mortgage Association | -- | None Available | |
| Vulanovic Ivan | $139,500 | None Available | |
| Nagowski Gerald M | $63,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Vulanovic Ivan | $118,575 | |
| Previous Owner | Nagowski Gerald M | $59,850 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/14/2019 06/14/19 | Sold | $65,000 | 0.0% | -- |
| 04/14/2019 04/14/19 | Pending | -- | -- | -- |
| 03/08/2019 03/08/19 | For Sale | $65,000 | +63.1% | -- |
| 04/24/2014 04/24/14 | Sold | $39,860 | +0.9% | -- |
| 04/04/2014 04/04/14 | Pending | -- | -- | -- |
| 03/17/2014 03/17/14 | Price Changed | $39,500 | -31.3% | -- |
| 02/20/2014 02/20/14 | Price Changed | $57,500 | -17.9% | -- |
| 12/31/2013 12/31/13 | Price Changed | $70,000 | -17.6% | -- |
| 11/22/2013 11/22/13 | Price Changed | $85,000 | -10.5% | -- |
| 11/15/2013 11/15/13 | Price Changed | $95,000 | -13.6% | -- |
| 10/10/2013 10/10/13 | For Sale | $109,900 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,381 | $76,300 | $11,400 | $64,900 |
| 2023 | $2,069 | $76,300 | $11,400 | $64,900 |
| 2022 | $2,079 | $76,300 | $11,400 | $64,900 |
| 2021 | $2,075 | $76,300 | $11,400 | $64,900 |
| 2020 | $2,087 | $76,300 | $11,400 | $64,900 |
| 2019 | $1,522 | $76,300 | $11,400 | $64,900 |
| 2018 | $964 | $76,300 | $11,400 | $64,900 |
| 2017 | $3,381 | $76,300 | $11,400 | $64,900 |
| 2016 | $3,381 | $76,300 | $11,400 | $64,900 |
| 2015 | $3,233 | $76,300 | $11,400 | $64,900 |
| 2014 | $3,069 | $76,300 | $11,400 | $64,900 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff Stape
Seller's Agent in 2019
Jeff Stape
Compass
(302) 202-9855
2 in this area
322 Total Sales
-
Michael Kelczewski
Buyer's Agent in 2019
Michael Kelczewski
Monument Sotheby's International Realty
(302) 383-1983
2 in this area
85 Total Sales
-
Paul Pantano
Seller's Agent in 2014
Paul Pantano
Pantano Real Estate Inc
(302) 354-0792
9 in this area
199 Total Sales
Map
Source: Bright MLS
MLS Number: DENC417526
APN: 26-020.40-047.C-0004
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