NOT LISTED FOR SALE

1313 Gilpin Ave Wilmington, DE 19806

Delaware Avenue Neighborhood
-- Bed
4 Baths
2,750 Sq Ft
2,178 Sq Ft Lot

Last Sold June 24, 2021

Last sale price $550,000 $200 Per Sq Ft

6 Days on Market

Highlights

  • Victorian Architecture
  • Porch
  • Hot Water Heating System
  • No HOA

About This Home

As of June 2021

Two words best describe this Trolley Square apartment building, TURN-KEY! Comprised of one 2BR and three 1BR apartments, this investment is ready for it's next owner. All four tenants were professionally vetted and screened. All four units have been updated, including a massive first floor 2BR unit with an open concept kitchen/living room and in-unit laundry. The building screams character with a two-story turret and period architectural details throughout. Many major building components have been recently replaced (roof 2018) and the slate facade was repaired and fully painted to complete a low-maintenance exterior. Rents are $1,350, $1,000, $930, and $895. All leases are annual. Electric is split per unit, including a house meter for common areas. There is a central gas-fired Weil McLean boiler. The basement houses laundry and extra storage. Owner-paid utilities average about $400/month and include heat, common area electric, and water/sewer. Add this to your investors list, it won't last long!

Last Agent to Sell the Property

PATRICK D. LORENZ

Patterson-Schwartz - Greenville Listed on: 06/01/2021

Patterson-Schwartz - Greenville

Last Buyer's Agent

Jordan Oncay

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,967

Year Built

  • Built in 1890

Lot Details

  • 2,178

Home Design

  • 2,750 Sq Ft Home
  • Quadruplex
  • Victorian Architecture
  • Brick Exterior Construction

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Natural Gas Water Heater

Additional Features

  • Porch
  • 2,178 Sq Ft Lot
  • Unfinished Basement

Community Details

  • No Home Owners Association
  • 4 Units
  • Trolley Square Subdivision

Listing and Financial Details

  • Assessor Parcel Number 26-020.20-244

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,967

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • Exclusions: Tenant's personal property
  • Inclusions: Appliances
  • New Construction: No
  • Year Built: 1890
  • Automatically Close On Close Date: No
  • Remarks Public: Two words best describe this Trolley Square apartment building, TURN-KEY! Comprised of one 2BR and three 1BR apartments, this investment is ready for it's next owner. All four tenants were professionally vetted and screened. All four units have been updated, including a massive first floor 2BR unit with an open concept kitchen/living room and in-unit laundry. The building screams character with a two-story turret and period architectural details throughout. Many major building components have been recently replaced (roof 2018) and the slate facade was repaired and fully painted to complete a low-maintenance exterior. Rents are $1,350, $1,000, $930, and $895. All leases are annual. Electric is split per unit, including a house meter for common areas. There is a central gas-fired Weil McLean boiler. The basement houses laundry and extra storage. Owner-paid utilities average about $400/month and include heat, common area electric, and water/sewer. Add this to your investors list, it won't last long!
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Living Area Units: Square Feet
  • Total Sq Ft: 2750
  • Living Area Sq Ft: 2750
  • Price Per Sq Ft: 199.64
  • Above Grade Finished Sq Ft: 2750
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1313

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • 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
  • School District Source: Listing Agent

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Outdoor Living Structures: Porch(es)
  • Zoning: R2A
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 2397973
  • Tax Annual Amount: 4967.00
  • Assessor Parcel Number: 26-020.20-244
  • Tax Year: 2020
  • Close Date: 06/24/2021

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2021 06/24/21 Sold $550,000 +0.2% $200 / Sq Ft
06/07/2021 06/07/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $549,000 +50.4% $200 / Sq Ft
03/31/2016 03/31/16 Sold $365,000 -8.5% $133 / Sq Ft
02/11/2016 02/11/16 Pending -- -- --
09/01/2015 09/01/15 For Sale $399,000 -- $145 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • PATRICK D. LORENZ

    Seller's Agent in 2021

    PATRICK D. LORENZ

    Patterson Schwartz

    (302) 429-4500

    6 in this area

    82 Total Sales

    Section Image
  • Jordan Oncay

    Buyer's Agent in 2021

    Jordan Oncay

    Long & Foster

    (302) 691-9228

    4 in this area

    43 Total Sales

    Section Image
  • Bruce White

    Seller's Agent in 2016

    Bruce White

    RE/MAX

    (302) 545-1560

    4 in this area

    63 Total Sales

    Section Image
  • Buzz Moran

    Buyer's Agent in 2016

    Buzz Moran

    Long & Foster

    (302) 740-6529

    11 in this area

    148 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: DENC528000

Bright MLS

APN: 26-020.20-244

Delaware New Castle County Wilmington 19806 Delaware Avenue

1313 Gilpin Ave, Wilmington, DE

This home is located at 1313 Gilpin Ave, Wilmington, DE 19806 since 01 June 2021. This property was built in 1890. 1313 Gilpin Ave is a home located in New Castle County with nearby schools including Lewis (William C.) Dual Language Elementary School, Skyline Middle School, and Alexis I. du Pont High School.

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