NOT LISTED FOR SALE

1331 Cypress Ave Wilmington, DE 19805

Estimated Value: $164,000 - $234,000

3 Beds
1 Bath
875 Sq Ft
$237/Sq Ft Est. Value

Last Sold March 07, 2024

Last sale price $190,000 $217 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,180/month

16 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • 4-minute walk to Bryan Martin Park
  • No HOA
  • Property is in excellent condition

About This Home

As of March 2024

Welcome to Elsmere Gardens! Centrally located minutes from the city of Wilmington, major highways like 95 and 141, you’ll enjoy the restaurants, parks, and shopping nearby. This 3 bed1 bath townhouse is ready for its new homeowners to add their personal touches. It has been freshly painted and carpeted, ample bedrooms, and bathroom. Enter through the open concept living room connected to the dinning room. The dinning room leads to the kitchen, the stainless steal appliances and white cabinetry make it the perfect space for functionality and entertainment. From the kitchen you can access the backyard and basement. The basement has plenty of room for storage, laundry, and the potential to finish to your liking. Enjoy the large backyard for gardening, relaxing, and you could add paved parking if desired. It is currently being sold in as-is condition, make your appointment today!

Last Agent to Sell the Property

Diana Vieyra

(302) 740-2685 dvieyra@me.com Patterson-Schwartz-Hockessin Listed on: 12/26/2023

Patterson-Schwartz-Hockessin

Last Buyer's Agent

Rachel Papaleo

(443) 371-1761 rachel.papaleo@compass.com Patterson-Schwartz-Hockessin License #RS0036822

Patterson-Schwartz-Hockessin

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $975

Year Built

  • Built in 1942

Lot Details

  • 2,178 Sq Ft Lot
  • Property is in excellent condition

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture

Interior Spaces

  • 875 Sq Ft Home
  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Elsmere Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 19-004.00-178

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$975

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: personal property
  • New Construction: No
  • Story List: Upper 1
  • Federal Flood Zone: No
  • Year Built: 1942
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Foundation Details: Other
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Living Area Units: Square Feet
  • Total Sq Ft: 875
  • Living Area Sq Ft: 875
  • Price Per Sq Ft: 217.14
  • Above Grade Finished Sq Ft: 875
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • 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
  • Property Condition: Excellent
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 975.00
  • Assessor Parcel Number: 19-004.00-178
  • Tax Year: 2022

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2023
Closed on
Mar 7, 2024
Sold by
Rueda-Rodriguez Salud A and Lopez Daisy
Bought by
Denney Blake
Seller's Agent
Diana Vieyra
Patterson-Schwartz-Hockessin
Buyer's Agent
Rachel Papaleo
Patterson-Schwartz-Hockessin
List Price
$190,000
Sold Price
$190,000
Views
191
Current Estimated Value
$207,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,243
Avg. Annual Appreciation
5.06%
Original Mortgage
$186,558
Outstanding Balance
$182,905
Interest Rate
5.75%
Mortgage Type
FHA
Estimated Equity
$24,338

Purchase Details

Listed on
Mar 25, 2016
Closed on
Aug 1, 2016
Sold by
Cook Edward M and Lawrence Angela M
Bought by
Rueda Rodriguez Salud A and Lopez Daisy
Seller's Agent
Donna Marshall
RE/MAX Point Realty
Buyer's Agent
Megan Aitken
Keller Williams Realty
List Price
$115,000
Sold Price
$100,000
Premium/Discount to List
-$15,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.81%
Original Mortgage
$8,000
Interest Rate
3.48%
Mortgage Type
Second Mortgage Made To Cover Down Payment

Purchase Details

Closed on
Oct 28, 2005
Sold by
Gott Julia B
Bought by
Cook Edward M and Lawrence Angela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,900
Interest Rate
5.85%
Mortgage Type
Fannie Mae Freddie Mac
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
Denney Blake -- None Listed On Document
Rueda Rodriguez Salud A $100,000 Attorney
Cook Edward M $118,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Denney Blake $186,558
Closed Denney Blake $12,000
Previous Owner Rueda Rodriguez Salud A $8,000
Previous Owner Rueda Rodriguez Salud A $98,188
Previous Owner Cook Edward M $118,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/07/2024 03/07/24 Sold $190,000 0.0% $217 / Sq Ft
01/12/2024 01/12/24 Pending -- -- --
01/10/2024 01/10/24 For Sale $190,000 0.0% $217 / Sq Ft
01/03/2024 01/03/24 Pending -- -- --
12/26/2023 12/26/23 For Sale $190,000 +90.0% $217 / Sq Ft
08/01/2016 08/01/16 Sold $100,000 +0.1% $114 / Sq Ft View Prior Sale
06/28/2016 06/28/16 Pending -- -- --
05/16/2016 05/16/16 Price Changed $99,900 -4.8% $114 / Sq Ft
05/02/2016 05/02/16 Price Changed $104,900 -4.5% $120 / Sq Ft
04/26/2016 04/26/16 Price Changed $109,899 0.0% $126 / Sq Ft
04/21/2016 04/21/16 Price Changed $109,900 -4.0% $126 / Sq Ft
04/12/2016 04/12/16 Price Changed $114,500 -0.4% $131 / Sq Ft
03/25/2016 03/25/16 For Sale $115,000 -- $131 / 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 $1,118 $34,100 $6,600 $27,500
2023 $974 $34,100 $6,600 $27,500
2022 $975 $34,100 $6,600 $27,500
2021 $947 $34,100 $6,600 $27,500
2020 $953 $34,100 $6,600 $27,500
2019 $1,116 $34,100 $6,600 $27,500
2018 $964 $34,100 $6,600 $27,500
2017 $961 $34,100 $6,600 $27,500
2016 $912 $34,100 $6,600 $27,500
2015 $846 $34,100 $6,600 $27,500
2014 $773 $34,100 $6,600 $27,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2053934

Bright MLS

APN: 19-004.00-178