NOT LISTED FOR SALE

Estimated Value: $138,000 - $181,294

1 Bed
1 Bath
-- Sq Ft
$401/mo HOA Fee

Last Sold April 17, 2014

Last sale price $30,500

Est. 415% increase in value since last sale

Current estimated payment $1,451/month

Highlights

  • Wood Flooring
  • Porch
  • Living Room
  • 2 Fireplaces
  • Patio
  • En-Suite Primary Bedroom

About This Home

As of April 2014

This terrific 1-2 bedroom condo is located in The Court. Recent updates include fresh paint throughout, new carpet, vinyl flooring, new kitchen with appliances, new heat pump & stackable washer/dryer. Looking to get away from yard work & snow removal or wanting to conserve on gas prices. This may be just what you need. Monthly condo fees include outside maintenance, lawn & snow, water & sewer. Located with in walking distance to downtown Wilmington, many popular restarants & pubs. So just park the car in your own deeded space and enjoy. All cash offers must have proof of funds and financing offers "Buyers should obtain a free prequalification letter from Wells Fargo Home Mortgage or an entity which is a joint venture with Wells Fargo Home Mortgage by working directly with a mortgage consultant or going online at wellsfargo. Contact listing agent for local Wells Fargo rep name & number. Buyers also have the option to provide proof of other credit decisioned financing or a NACA (Neighborhood Assistance Corporation of America) Qualification Letter." Bank addendums will be required with accepted offer.

Last Agent to Sell the Property

Kathleen Pennington

(302) 530-1735 kathypennington415@gmail.com RE/MAX Elite License #RS270786 Listed on: 11/14/2013

RE/MAX Elite

Co-Listed By

Patrick Pennington

(302) 593-7024 ppennington357@gmail.com RE/MAX Elite License #R1-0002626

Last Buyer's Agent

Kathleen Pennington

(302) 530-1735 kathypennington415@gmail.com RE/MAX Elite License #RS270786 Listed on: 11/14/2013

RE/MAX Elite

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1913

Lot Details

  • Property is in good condition

HOA Fees

  • $401 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • 2 Fireplaces
  • Living Room
  • Dishwasher
  • Laundry on main level

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Parking

  • 1 Open Parking Space
  • Assigned Parking

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, snow removal, water, sewer, parking fee

Listing and Financial Details

  • Tax Lot 058.C.0001
  • Assessor Parcel Number 26-020.40-058.C.0001

Property Details

Home Type

Condominium

Year Built

Built in 1913

Lot Details

0

HOA Fees

$401 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Ownership: Condominium
  • Exclusions: As-Is Where
  • Inclusions: As-Is Where Is
  • New Construction: No
  • Story List: Main
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher
  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Floors In Unit Count: 1
  • Room Count: 4
  • Room List: Living Room, Primary Bedroom, Kitchen
  • Basement: No
  • Laundry Type: Main Floor

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • 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
  • Open Parking Spaces Count: 1
  • Parking Features: Assigned

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 401.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Snow Removal, Water, Sewer, Parking Fee
  • HOA: No

Schools

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

Lot Info

  • Improvement Assessed Value: 82700.00
  • Land Assessed Value: 14600.00
  • Lot Size Acres: 0.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 871.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2398649
  • Tax Annual Amount: 3796.00
  • Assessor Parcel Number: 26-020.40-058.C.0001
  • Tax Lot: 058.C.0001
  • Tax Year: 2013
  • Close Date: 04/17/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2013
Closed on
Apr 14, 2014
Sold by
Us Bank Na
Bought by
1212 Delaware Avenue Associates Llc
Seller's Agent
Kathleen Pennington
RE/MAX Elite
Buyer's Agent
Kathleen Pennington
RE/MAX Elite
List Price
$57,500
Sold Price
$30,500
Premium/Discount to List
-$27,000
-46.96%
Current Estimated Value
$157,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,598
Avg. Annual Appreciation
18.83%

Purchase Details

Closed on
Nov 27, 2006
Sold by
Deetjen Larry and Deetjen Madeline
Bought by
Mahani Parvis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 2004
Sold by
Blundo Charles Scott
Bought by
Deetjen Larry and Deetjen Madeline
Source: Public Records

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
1212 Delaware Avenue Associates Llc $30,500 Etitle Agency
Mahani Parvis $140,000 None Available
Deetjen Larry $123,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mahani Parvis $28,000
Previous Owner Mahani Parvis $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2014 04/17/14 Sold $30,500 +2.0% --
03/18/2014 03/18/14 Pending -- -- --
03/07/2014 03/07/14 Price Changed $29,900 -24.3% --
02/20/2014 02/20/14 Price Changed $39,500 -7.1% --
01/22/2014 01/22/14 Price Changed $42,500 -14.8% --
12/17/2013 12/17/13 Price Changed $49,900 -13.2% --
11/14/2013 11/14/13 For Sale $57,500 -- --
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
2023 $2,638 $97,300 $14,600 $82,700
2022 $2,651 $97,300 $14,600 $82,700
2021 $2,646 $97,300 $14,600 $82,700
2020 $2,661 $97,300 $14,600 $82,700
2019 $4,617 $97,300 $14,600 $82,700
2018 $2,649 $97,300 $14,600 $82,700
2017 $2,645 $97,300 $14,600 $82,700
2016 $2,506 $97,300 $14,600 $82,700
2015 $4,123 $97,300 $14,600 $82,700
2014 $3,914 $97,300 $14,600 $82,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003651608

Bright MLS

APN: 26-020.40-058.C-0001