NOT LISTED FOR SALE

14 Cummings Ct Wilmington, DE 19804

Estimated Value: $247,000 - $330,000

3 Beds
1 Bath
1,350 Sq Ft
$228/Sq Ft Est. Value

Last Sold March 14, 2012

Last sale price $103,650 $77 Per Sq Ft

Est. 197% increase in value since last sale

Current estimated payment $1,881/month

31 Days on Market

Highlights

  • Rambler Architecture
  • Eat-In Kitchen
  • En-Suite Primary Bedroom
  • No HOA
  • Living Room
  • Attached Carport

About This Home

As of March 2012

R-6948 - Bank Owned 3 bedroom, 1 bath in Kiamensi Heights. This is a true diamond in the rough. Great for the owner willing to do some work, or the investor looking for a rental. No TRANSFER TAX. Property being sold AS IS, seller to make no repairs. Owner has never lived in property, all measuments are approx. Owner Occupant Homebuyers and select non-profits have an exclusive opportunity to purchase this home in the first 15 days of listing and prior to competition from investors through a special initiative. This ongoing initiative does not apply ONLY to first time homebuyers, buyer does not to use as primary residence. Seller is offering 2YR Home Warranty, up to 3% closing cost help. Initial offers submitted in HomeSteps Connect (HSC) between November 15, 2011 - January 31, 2012 with escrow closed on or before March 15, 2012. Investor offer will be considered after 12/27/2011.

Last Agent to Sell the Property

A. DANIEL WEST

RE/MAX Horizons License #TREND:60010885 Listed on: 12/13/2011

Co-Listed By

Steve Schmidt

RE/MAX Horizons License #RB-0031118

Last Buyer's Agent

DANIEL BURROUGHS

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,247

Year Built

  • Built in 1958

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 42x119
  • Property is in below average condition
  • Property is zoned NC6.5

Home Design

  • Rambler Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,350 Sq Ft Home
  • Property has 1 Level
  • Family Room
  • Living Room
  • Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

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

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • Attached Carport
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Less than 60 Amp Service
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Kiamensi Heights Subdivision

Listing and Financial Details

  • Tax Lot 048
  • Assessor Parcel Number 08-045.30-048

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,247

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1958
  • Remarks Public: R-6948 - Bank Owned 3 bedroom, 1 bath in Kiamensi Heights. This is a true diamond in the rough. Great for the owner willing to do some work, or the investor looking for a rental. No TRANSFER TAX. Property being sold AS IS, seller to make no repairs. Owner has never lived in property, all measuments are approx. Owner Occupant Homebuyers and select non-profits have an exclusive opportunity to purchase this home in the first 15 days of listing and prior to competition from investors through a special initiative. This ongoing initiative does not apply ONLY to first time homebuyers, buyer does not to use as primary residence. Seller is offering 2YR Home Warranty, up to 3% closing cost help. Initial offers submitted in HomeSteps Connect (HSC) between November 15, 2011 - January 31, 2012 with escrow closed on or before March 15, 2012. Investor offer will be considered after 12/27/2011.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Total Sq Ft: 1350
  • Living Area Sq Ft: 1350
  • Net Sq Ft: 1350.00
  • Price Per Sq Ft: 79.00
  • Above Grade Finished Sq Ft: 1350
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 14

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • 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
  • Type Of Parking: Driveway, Attached Carport

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: Less Than 60 Amp Service
  • Heating Fuel: Oil
  • Heating Type: Oil, 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

Schools

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

Lot Info

  • Improvement Assessed Value: 38400.00
  • Land Assessed Value: 9400.00
  • Lot Size Acres: 0.20
  • Lot Dimensions: 42X119
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8712.00
  • Property Condition: Below Average
  • Zoning: NC6.5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2286339
  • Tax Annual Amount: 1247.00
  • Assessor Parcel Number: 08-045.30-048
  • Tax Lot: 048
  • Tax Year: 2010
  • Close Date: 03/14/2012

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2011
Closed on
Feb 7, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Dykes Christina M
Seller's Agent
A. DANIEL WEST
RE/MAX Horizons
Buyer's Agent
DANIEL BURROUGHS
Coldwell Banker Realty
List Price
$106,650
Sold Price
$103,650
Premium/Discount to List
-$3,000
-2.81%
Total Days on Market
31
Current Estimated Value
$308,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,493
Avg. Annual Appreciation
8.59%
Original Mortgage
$5,000
Interest Rate
3.88%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Dec 13, 2011
Closed on
Jan 26, 2012
Sold by
Larocca Richard T and Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corporation
Seller's Agent
A. DANIEL WEST
RE/MAX Horizons
Buyer's Agent
DANIEL BURROUGHS
Coldwell Banker Realty
List Price
$106,650
Sold Price
$103,650
Premium/Discount to List
-$3,000
-2.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000
Interest Rate
3.88%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 30, 2006
Sold by
Phykitt Kim and Reynolds Kim
Bought by
Larocca Richard T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,200
Interest Rate
6.62%
Mortgage Type
Stand Alone Second
Source: Public Records

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Range of Values:

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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
Dykes Christina M $103,650 None Available
Federal Home Loan Mortgage Corporation $134,000 None Available
Larocca Richard T $201,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dykes Christina M $132,000
Closed Dykes Christina M $77,000
Closed Dykes Christina M $35,000
Closed Dykes Christina M $25,000
Closed Dykes Christina M $5,000
Closed Dykes Christina M $119,001
Previous Owner Larocca Richard T $40,200
Previous Owner Larocca Richard T $160,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2012 03/14/12 Sold $103,650 0.0% $77 / Sq Ft
01/13/2012 01/13/12 Pending -- -- --
12/30/2011 12/30/11 Off Market $103,650 -- --
12/13/2011 12/13/11 For Sale $106,650 -- $79 / 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 $1,813 $47,800 $9,400 $38,400
2023 $1,605 $47,800 $9,400 $38,400
2022 $1,615 $47,800 $9,400 $38,400
2021 $1,614 $47,800 $9,400 $38,400
2020 $1,619 $47,800 $9,400 $38,400
2019 $1,717 $47,800 $9,400 $38,400
2018 $1,585 $47,800 $9,400 $38,400
2017 $1,567 $47,800 $9,400 $38,400
2016 $1,495 $47,800 $9,400 $38,400
2015 $1,402 $47,800 $9,400 $38,400
2014 $1,301 $47,800 $9,400 $38,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004595232

Bright MLS

APN: 08-045.30-048