NOT LISTED FOR SALE

1316 Richards Aly Wilmington, DE 19806

Downtown Wilmington Neighborhood

Estimated Value: $479,000 - $611,000

4 Beds
4 Baths
4,734 Sq Ft
$115/Sq Ft Est. Value

Last Sold September 01, 2020

Last sale price $384,900 $81 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,310/month

8 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Double Oven
  • Deck
  • Wood Flooring
  • Skylights

About This Home

As of September 2020

Fantastic one of a kind 3 story townhome in Richards Alley. Originally designed by the developer Richard Chalfont, this unit has combined 2 units into one very large and unique townhouse. You will feel like you're in a unique city loft, within walking distance to the downtown district as well as our Trolly Square eateries. Entering the home you immediately feel the bright spacious room this unit offers, complete with vaulted ceilings, palladium windows, wet bar, hardwood floors and large living room, truly a entertainers dream. The gourmet kitchen features granite counter tops, custom cabinets, stone back splash and tile floors flowing into the eat in dining area. Upstairs is the master bedroom with a walk in closet and full bath along with an additional bedroom. The lower level enjoys a living room with custom built shelving and cabinets as well as 2 bedrooms and a full bath. Off of the main level is a large deck that you are sure to enjoy. Unlike other units this offers 2 parking spots with being covered to protect your car from the elements. Be sure to put this home on your tour it is sure to please.

Last Agent to Sell the Property

Stephen Mottola

(302) 437-6600 stephen@mottolagroup.com Compass License #R3-0010595 Listed on: 07/14/2020

Compass

Co-Listed By

John Wakefield

(302) 383-4631 johnw@mottolagroup.com Compass

Last Buyer's Agent

Andrew White

awhite@lnf.com Compass License #RS-325050

Compass

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1977

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 32.40 x 71.30

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Skylights
  • Family Room
  • Living Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Double Oven
  • Cooktop
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 198
  • Assessor Parcel Number 26-021.30-198

Community Details

Overview

  • Richards Alley HOA, Phone Number (302) 683-9312
  • Trolley Square Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Year Built

Built in 1977

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: washer/dryer/refrigerator
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1977
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Cooktop, Disposal, Dryer, Oven - Double, Refrigerator, Washer, Water Heater
  • Interior Amenities: Wet/Dry Bar, Skylight(s), Butlers Pantry, Kitchen - Eat-In, Floor Plan - Open, Walk-In Closet(s), Wood Floors
  • Fireplace: No
  • Levels Count: 3
  • Room List: Living Room, Primary Bedroom, Bedroom 3, Bedroom 4, Kitchen, Family Room, Laundry, Bathroom 2
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Total Sq Ft: 4734
  • Living Area Sq Ft: 4734
  • Price Per Sq Ft: 109.83
  • Above Grade Finished Sq Ft: 3550
  • Below Grade Finished Sq Ft: 1184
  • Total Below Grade Sq Ft: 1184
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 1200.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: RICHARDS ALLEY HOA
  • HOA Phone: 302-683-9312
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 124300.00
  • Land Assessed Value: 9800.00
  • Lot Size Acres: 0.05
  • Lot Dimensions: 32.40 x 71.30
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: 26R-3
  • In City Limits: Yes

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 2399464
  • School Tax: 3324.00
  • Tax Annual Amount: 6155.00
  • Assessor Parcel Number: 26-021.30-198
  • Tax Lot: 198
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2020
Closed on
Aug 26, 2020
Sold by
Trigg Barbara
Bought by
Mil Homens Brenden S
Seller's Agent
Stephen Mottola
Compass
Buyer's Agent
Andrew White
Compass
List Price
$389,900
Sold Price
$384,900
Premium/Discount to List
-$5,000
-1.28%
Current Estimated Value
$544,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,168
Avg. Annual Appreciation
6.75%
Original Mortgage
$365,655
Outstanding Balance
$325,091
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$218,977

Purchase Details

Listed on
May 20, 2016
Closed on
Jul 22, 2016
Sold by
Silver Daniel M
Bought by
Trigg Barbara
Seller's Agent
Tucker Robbins
BHHS Fox & Roach-Greenville
Buyer's Agent
MARIA DONALD
Compass
List Price
$365,000
Sold Price
$349,000
Premium/Discount to List
-$16,000
-4.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.42%
Original Mortgage
$211,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2006
Sold by
Rosen Ronald L and Rosen Denise
Bought by
Silver Daniel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mil Homens Brenden S -- None Available
Trigg Barbara $349,000 Attorney
Silver Daniel M $395,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mil Homens Brenden S $365,655
Previous Owner Trigg Barbara $211,000
Previous Owner Silver Daniel M $316,000
Previous Owner Silver Daniel M $79,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/01/2020 09/01/20 Sold $384,900 -1.3% $81 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
07/14/2020 07/14/20 For Sale $389,900 +11.7% $82 / Sq Ft
07/29/2016 07/29/16 Sold $349,000 -4.4% $98 / Sq Ft View Prior Sale
07/01/2016 07/01/16 Pending -- -- --
05/20/2016 05/20/16 For Sale $365,000 -- $103 / 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 $4,184 $134,100 $9,800 $124,300
2023 $3,636 $134,100 $9,800 $124,300
2022 $3,653 $134,100 $9,800 $124,300
2021 $3,647 $134,100 $9,800 $124,300
2020 $3,668 $134,100 $9,800 $124,300
2019 $6,363 $134,100 $9,800 $124,300
2018 $1,149 $134,100 $9,800 $124,300
2017 $2,488 $134,100 $9,800 $124,300
2016 $2,488 $134,100 $9,800 $124,300
2015 $5,683 $134,100 $9,800 $124,300
2014 $5,395 $134,100 $9,800 $124,300
Source: Public Records

Agents Affiliated with this Home

  • Stephen Mottola

    Seller's Agent in 2020

    Stephen Mottola

    Compass

    (302) 437-6600

    14 in this area

    634 Total Sales

    Stephen Mottola
    Section Image
  • John Wakefield

    Seller Co-Listing Agent in 2020

    John Wakefield

    Compass

    (302) 383-4631

    7 Total Sales

    John Wakefield
    Section Image
  • Andrew White

    Buyer's Agent in 2020

    Andrew White

    Compass

    (302) 893-7602

    3 in this area

    233 Total Sales

    Andrew White
    Section Image
  • Heather Guerke

    Buyer Co-Listing Agent in 2020

    Heather Guerke

    Long & Foster

    (302) 723-5485

    96 Total Sales

    Heather Guerke
    Section Image
  • Tucker Robbins

    Seller's Agent in 2016

    Tucker Robbins

    BHHS Fox & Roach

    (302) 426-6305

    1 in this area

    25 Total Sales

    Tucker Robbins
    Section Image
  • Carol Arnott-Robbins

    Seller Co-Listing Agent in 2016

    Carol Arnott-Robbins

    BHHS Fox & Roach

    (302) 426-4431

    1 in this area

    29 Total Sales

    Carol Arnott-Robbins
    Section Image
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Map

Source: Bright MLS

MLS Number: DENC505042

Bright MLS

APN: 26-021.30-198

Delaware New Castle County Wilmington 19806 Downtown Wilmington

1316 Richards Aly, Wilmington, DE

Not Listed for Sale

Townhouses

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