NOT LISTED FOR SALE

1401 Delaware Ave Wilmington, DE 19806

Delaware Avenue Neighborhood

Estimated Value: $2,523,576

2 Beds
1 Bath
5,175 Sq Ft
7,405 Sq Ft Lot

Last Sold May 24, 2022

Last sale price $2,000,000 $386 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $14,246/month

Highlights

  • Penthouse
  • Traditional Architecture
  • Heat Pump System
  • 0.17 Acre Lot
  • Central Air
  • 5-minute walk to Conaty Park

About This Home

As of July 2024

Experience the allure of Trolley Square living in this two-bedroom unit at the heart of the neighborhood. With high ceilings and abundant natural light pouring in through large windows, the space feels open and inviting. French doors lead to a wrap-around porch, offering a perfect spot to relax or enjoy your morning coffee. Plus, enjoy the convenience of in-unit laundry facilities for effortless living. Adorned with pristine hardwood floors, including elegant parquet, this residence exudes both charm and sophistication.

Last Agent to Rent the Property

Jordan Oncay

Long & Foster Real Estate, Inc. Listed on: 05/15/2024

Long & Foster Real Estate, Inc.

Last Renter's Agent

Wendy HOLCOMB

Long & Foster Real Estate, Inc. License #RS-0022614

Long & Foster Real Estate, Inc.

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,954

Year Built

  • Built in 1867

Lot Details

  • 7,405

Parking

  • Off-Street Parking

Home Design

  • Penthouse
  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 5,175 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Cooling System Utilizes Natural Gas
  • Heat Pump System
  • Natural Gas Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,145
  • Rent includes water, sewer
  • No Smoking Allowed
  • 12-Month Lease Term
  • Available 5/25/24
  • $50 Application Fee
  • Assessor Parcel Number 26-020.20-180

Community Details

Overview

  • Low-Rise Condominium
  • Trolley Square Subdivision

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,954

Year Built

Built in 1867

Lot Details

0

Rental Info

  • Date Available: 2024-05-25
  • Application Fee: 50.00
  • Pets Allowed: No
  • Rent Includes: Water, Sewer
  • Security Deposit: 2145.00
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Max Lease in Months: 12
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • New Construction: No
  • Story List: Main
  • Year Built: 1867
  • Automatically Close On Close Date: Yes
  • Remarks Public: Experience the allure of Trolley Square living in this two-bedroom unit at the heart of the neighborhood. With high ceilings and abundant natural light pouring in through large windows, the space feels open and inviting. French doors lead to a wrap-around porch, offering a perfect spot to relax or enjoy your morning coffee. Plus, enjoy the convenience of in-unit laundry facilities for effortless living. Adorned with pristine hardwood floors, including elegant parquet, this residence exudes both charm and sophistication.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 5175
  • Living Area Sq Ft: 5175
  • Price Per Sq Ft: 0.41
  • Above Grade Finished Sq Ft: 5175
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1401

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District: RED CLAY CONSOLIDATED
  • School District Key: 300200396545
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.17
  • Lot Dimensions: 44.30 x 160.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7405.00
  • Zoning: 26R-2A

Tax Info

  • Assessor Parcel Number: 26-020.20-180
  • Tax Total Finished Sq Ft: 5175
  • Close Date: 07/01/2024

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2023
Sold by
Do Trung H and Do Yen N
Bought by
Cotton Candy Property Llc
Current Estimated Value
$2,523,576

Purchase Details

Closed on
May 11, 2023
Sold by
1401 Del Ave Llc
Bought by
Do Trung H and Pham Yen N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,550,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2002
Sold by
Jaffey Properties Inc
Bought by
1401-1403 Delaware Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,000
Interest Rate
6.24%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cotton Candy Property Llc -- None Listed On Document
Do Trung H $2,200,000 None Listed On Document
1401-1403 Delaware Avenue Llc $890,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Do Trung H $1,550,000
Previous Owner 1401 Del Ave Llc $1,400,000
Previous Owner 1401-1403 Delaware Avenue Llc $180,000
Previous Owner 1401-1403 Delaware Avenue Llc $590,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Rented $2,145 0.0% --
06/14/2024 06/14/24 Under Contract -- -- --
05/31/2024 05/31/24 For Rent $2,145 0.0% --
05/28/2024 05/28/24 Under Contract -- -- --
05/15/2024 05/15/24 For Rent $2,145 0.0% --
05/24/2022 05/24/22 Sold $2,000,000 -8.9% --
10/13/2021 10/13/21 For Sale $2,194,733 0.0% --
10/08/2021 10/08/21 Pending -- -- --
07/30/2021 07/30/21 For Sale $2,194,733 -- --
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 $5,954 $190,800 $59,200 $131,600
2023 $5,174 $190,800 $59,200 $131,600
2022 $5,198 $190,800 $59,200 $131,600
2021 $5,189 $190,800 $59,200 $131,600
2020 $0 $190,800 $59,200 $131,600
2019 $3,806 $190,800 $59,200 $131,600
2018 $311 $190,800 $59,200 $131,600
2017 $3,539 $190,800 $59,200 $131,600
2016 $3,539 $190,800 $59,200 $131,600
2015 $3,539 $190,800 $59,200 $131,600
2014 $7,676 $190,800 $59,200 $131,600
Source: Public Records

Agents Affiliated with this Home

  • Jordan Oncay

    Landlord's Agent in 2024

    Jordan Oncay

    Long & Foster

    (302) 691-9228

    4 in this area

    42 Total Sales

    Jordan Oncay
    Section Image

  • W

    Tenant's Agent in 2024

    Wendy HOLCOMB

    Long & Foster

    (609) 519-7176

    1 in this area

    10 Total Sales

    Wendy HOLCOMB
    Section Image

  • B

    Seller's Agent in 2022

    Bruce Balick

    Patterson Schwartz

    (302) 983-3550

    1 in this area

    8 Total Sales

    Bruce Balick
    Section Image

  • L

    Seller Co-Listing Agent in 2022

    Laurence Lee

    Patterson Schwartz

    (302) 593-4042

    2 in this area

    26 Total Sales

    Laurence Lee
    Section Image
  • Buzz Moran

    Buyer's Agent in 2022

    Buzz Moran

    Long & Foster

    (302) 740-6529

    10 in this area

    146 Total Sales

    Buzz Moran
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DENC2061430

Bright MLS

APN: 26-020.20-180

Delaware New Castle County Wilmington 19806 Delaware Avenue

1401 Delaware Ave, Wilmington, DE

This home is located at 1401 Delaware Ave, Wilmington, DE 19806 since 15 May 2024 and is currently priced at $2,523,576. This property was built in 1867. 1401 Delaware 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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