NOT LISTED FOR SALE

Estimated Value: $345,000 - $397,680

2 Beds
2 Baths
1,400 Sq Ft
$268/Sq Ft Est. Value

Last Sold March 15, 2018

Last sale price $255,000 $182 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,253/month

55 Days on Market

Highlights

  • Sauna
  • Attic
  • Breakfast Area or Nook
  • Deck
  • 1 Fireplace
  • Skylights

About This Home

As of March 2018

All of the homes in Richards Alley are known for their unique, individual layouts, and this one will not disappoint. 3 Story, 2 bedroom, 2 full bath, home in the sought after neighborhood of Richards Alley right in Trolley Square. Richards Alley was constructed in 1977 by famed architect Richard Chalfonte and they rarely come up for sale. Some of the recent updates include roof (2008), all new windows (2012), New HVAC Mitsubishi high efficiency 3-zone ductless system(2012), Electric panel (2010), New carpet on top 2 floors(2014), custom blinds (2011), upstairs bath (2014) and new rear door. Beautiful kitchen, and lots of fresh paint. Other features include exposed brick walls and slate fireplace in the Living room. The main level has a nice flow leading to an over sized deck, great for entertaining. Lower level family room provides ample space with a full bath, laundry area, and custom redwood sauna. The bedroom level has a large, open main bedroom with exposed brick, walk in closet and full bath that is shared with the 2nd bedroom/office area. This property is ideally located within walking distance to all of the Trolley Square attractions, restaurants, and downtown Wilmington, and is located within a very short driving distance to all major routes. Nothing to do here but move in.

Last Agent to Sell the Property

Stephen Mervine

(302) 234-3800 smervine1@msn.com RE/MAX Associates-Hockessin License #RS323368 Listed on: 11/16/2017

RE/MAX Associates-Hockessin

Last Buyer's Agent

Grace Mengel

(610) 246-6089 gracemengel@gmail.com Tesla Realty Group, LLC License #SL3433213

Tesla Realty Group, LLC

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1977

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 16x66
  • East Facing Home
  • Property is in good condition

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,400 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Sauna
  • Breakfast Area or Nook
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on lower level
  • Attic

Flooring

  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Open Parking Space
  • 2 Parking Spaces
  • 1 Attached Carport Space
  • Driveway
  • On-Street Parking

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Association fees include common area maintenance, snow removal
  • Trolley Square Subdivision

Listing and Financial Details

  • Tax Lot 219
  • Assessor Parcel Number 26-021.30-219

Townhouse Details

Home Type

Townhome

Year Built

Built in 1977

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • Exclusions: All Personal Property
  • Inclusions: Washer, Dryer, Refrigerator
  • New Construction: No
  • Story List: Lower 1, Upper 1
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Fully Carpeted, Tile/Brick
  • Interior Amenities: Skylight(s), Ceiling Fan(s), Sauna, Breakfast Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Lower Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1400
  • Living Area Sq Ft: 1400
  • Net Sq Ft: 1400.00
  • Price Per Sq Ft: 187.07
  • Above Grade Finished Sq Ft: 1400
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Access To Pool: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Flat, Shingle
  • 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: Street
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street, Driveway, Attached Carport

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Electric, Heat Pump - Electric Backup, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 200.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Snow Removal
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 77200.00
  • Land Assessed Value: 12800.00
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16X66
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: 26R-3

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2399484
  • Tax Annual Amount: 4137.00
  • Assessor Parcel Number: 26-021.30-219
  • Tax Lot: 219
  • Tax Year: 2017

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2017
Closed on
Mar 15, 2018
Sold by
Toner Gretchen M
Bought by
Peel Daniel Alexander
Seller's Agent
Stephen Mervine
RE/MAX Associates-Hockessin
Buyer's Agent
Grace Mengel
Tesla Realty Group, LLC
List Price
$261,900
Sold Price
$255,000
Premium/Discount to List
-$6,900
-2.63%
Current Estimated Value
$380,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,668
Avg. Annual Appreciation
5.12%
Original Mortgage
$153,000
Outstanding Balance
$130,608
Interest Rate
4.22%
Mortgage Type
New Conventional
Estimated Equity
$245,062

Purchase Details

Closed on
Dec 4, 2015
Sold by
Graham Jesse
Bought by
Wilmington Housing Partnership

Purchase Details

Closed on
Feb 20, 2004
Sold by
Rallis Toni
Bought by
Toner Gretchen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,200
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Peel Daniel Alexander -- None Available
Wilmington Housing Partnership $35,000 None Available
Toner Gretchen M $249,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peel Daniel Alexander $153,000
Previous Owner Toner Gretchen M $199,200
Closed Toner Gretchen M $37,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2018 03/15/18 Sold $255,000 -2.6% $182 / Sq Ft
01/10/2018 01/10/18 Pending -- -- --
11/16/2017 11/16/17 For Sale $261,900 -- $187 / 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 $2,808 $90,000 $12,800 $77,200
2023 $2,441 $90,000 $12,800 $77,200
2022 $2,452 $90,000 $12,800 $77,200
2021 $2,448 $90,000 $12,800 $77,200
2020 $2,462 $90,000 $12,800 $77,200
2019 $4,271 $90,000 $12,800 $77,200
2018 $2,451 $90,000 $12,800 $77,200
2017 $2,446 $90,000 $12,800 $77,200
2016 $2,318 $90,000 $12,800 $77,200
2015 $3,814 $90,000 $12,800 $77,200
2014 $3,621 $90,000 $12,800 $77,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004152377

Bright MLS

APN: 26-021.30-219