$72,000
SOLD MAR 6, 2025

1401 Pennsylvania Ave Unit 309 Wilmington, DE 19806

Delaware Avenue Neighborhood
-- Bed
1 Bath
-- Sq Ft
$525/mo HOA Fee

Recently Sold

4% Above List Price

8 Days on Market

Highlights

  • Concierge
  • Elevator
  • Electric Baseboard Heater
  • Contemporary Architecture
  • 1 Car Attached Garage
  • Laundry Facilities

About This Home

As of March 2025

Charming Studio Condo in Prime Location – A Canvas for Your Vision!
Welcome to your new urban retreat! This charming studio condo is nestled in a highly sought-after building that offers an array of desirable amenities, including a 24-hour concierge service, secure parking, and easy access to all the vibrant offerings of town. Lots of natural light with amazing balcony and great city views. Enjoy watching the sunset and rise. Don’t miss out on this fantastic opportunity to own a piece of real estate in a vibrant community. Whether you’re a first-time buyer, an investor, or looking to downsize, this studio condo is full of potential. Schedule a viewing today and imagine the possibilities!

Last Agent to Sell the Property

Mary Beth Adelman

RE/MAX Associates-Wilmington License #RS-313507 Listed on: 02/04/2025

RE/MAX Associates-Wilmington

Last Buyer's Agent

Shane Pezick

RE/MAX Associates-Wilmington

RE/MAX Associates-Wilmington

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1960

HOA Fees

  • $525 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Side Facing Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1 Full Bathroom
  • Property has 3 Levels

Utilities

  • Cooling System Utilizes Natural Gas
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 014.C.0309
  • Assessor Parcel Number 26-020.40-014.C.0309

Community Details

Overview

  • $525 Capital Contribution Fee
  • Association fees include a/c unit(s), common area maintenance, exterior building maintenance, heat, laundry, parking fee, sewer, trash, water
  • High-Rise Condominium
  • The 1401 Subdivision

Amenities

  • Concierge
  • Laundry Facilities
  • Elevator

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Property Details

Home Type

Condominium

Year Built

Built in 1960

Lot Details

0

HOA Fees

$525 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Remarks Public: Charming Studio Condo in Prime Location – A Canvas for Your Vision! Welcome to your new urban retreat! This charming studio condo is nestled in a highly sought-after building that offers an array of desirable amenities, including a 24-hour concierge service, secure parking, and easy access to all the vibrant offerings of town. Lots of natural light with amazing balcony and great city views. Enjoy watching the sunset and rise. Don’t miss out on this fantastic opportunity to own a piece of real estate in a vibrant community. Whether you’re a first-time buyer, an investor, or looking to downsize, this studio condo is full of potential. Schedule a viewing today and imagine the possibilities!
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Fireplace: No
  • Levels Count: 3
  • Basement: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1401

Beds/Baths

  • 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 Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Natural Gas
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas Available
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 525.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Concierge, Laundry Facilities, Elevator
  • HOA Condo Co-Op Fee Includes: A/C Unit(s), Common Area Maintenance, Ext Bldg Maint, Heat, Laundry, Parking Fee, Sewer, Trash, Water
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 525.00

Schools

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

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2024
  • Zoning: 26R-2A
  • In City Limits: Yes

Rental Info

  • Pets: Number Limit, Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 986.00
  • Tax Annual Amount: 1876.00
  • Assessor Parcel Number: 26-020.40-014.C.0309
  • Tax Lot: 014.C.0309
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 03/06/2025

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2025
Closed on
Mar 6, 2025
Sold by
Dammeyer Henry Albert and Porter Lee Ann
Bought by
Summerlin Colleen
Seller's Agent
Mary Beth Adelman
RE/MAX Associates-Wilmington
Buyer's Agent
Shane Pezick
RE/MAX Associates-Wilmington
List Price
$69,000
Sold Price
$72,000
Premium/Discount to List
$3,000
4.35%
Total Days on Market
8
Views
85

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
260.28%

Purchase Details

Closed on
Sep 27, 1999
Bought by
Sayles Susan A
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 Type Sale Price Title Company
Deed $72,000 None Listed On Document
Deed $25,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $64,054 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2025 03/06/25 Sold $72,000 +4.3% --
02/12/2025 02/12/25 Pending -- -- --
02/04/2025 02/04/25 For Sale $69,000 -- --
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
2023 $80 $37,100 $5,500 $31,600
2022 $80 $37,100 $5,500 $31,600
2021 $80 $37,100 $5,500 $31,600
2020 $81 $37,100 $5,500 $31,600
2019 $81 $37,100 $5,500 $31,600
2018 $80 $37,100 $5,500 $31,600
2017 $80 $37,100 $5,500 $31,600
2016 $76 $37,100 $5,500 $31,600
2015 $71 $37,100 $5,500 $31,600
2014 $65 $37,100 $5,500 $31,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2075544

Bright MLS

APN: 26-020.40-014.C-0309