NOT LISTED FOR SALE

Fourteen-O-One Condos 1401 Pennsylvania Ave Unit 505 Wilmington, DE 19806

Delaware Avenue Neighborhood

Estimated Value: $140,397 - $163,000

1 Bed
1 Bath
-- Sq Ft
$530/mo HOA Fee

Last Sold May 19, 2023

Last sale price $126,000

Est. 18% increase in value since last sale

Current estimated payment $1,453/month

5 Days on Market

Highlights

  • Open Floorplan
  • Security Service
  • 1 Car Garage
  • Elevator
  • Central Air
  • Community Storage Space

About This Home

As of May 2023

Welcome to The 1401 Pennsylvania Ave. This 1BR, 1BA unit is conveniently located near shops and restaurants. The 5th floor unit with balcony offers beautiful city views. New flooring, fresh paint and an in unit washer/dryer make this home “move in ready”. The 24-hour security, a welcoming lobby, a courtyard garden and an on-site parking garage make this a perfect place to call home. Monthly condo charges cover water/sewer, electricity, gas, heat, hot water, trash, snow removal and maintenance.

Last Agent to Sell the Property

kevin odle

(302) 593-8992 kevin.odle@lnf.com Long & Foster Real Estate, Inc. License #5006570 Listed on: 03/25/2023

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Daniel Borges

(302) 824-8037 danielborgesrealestate@gmail.com Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1960

HOA Fees

  • $530 Monthly HOA Fees

Parking

  • Assigned Parking Garage Space
  • Basement Garage
  • On-Street Parking

Home Design

  • Entry on the 5th floor
  • Brick Exterior Construction

Interior Spaces

  • Property has 1 Level
  • Open Floorplan

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Utilities

  • Central Air
  • Radiant Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 014.C.0505
  • Assessor Parcel Number 26-020.40-014.C.0505

Community Details

Overview

  • Association fees include electricity, heat, management, sewer, snow removal, water, trash, common area maintenance
  • High-Rise Condominium
  • The 1401 Subdivision

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • Security Service

Property Details

Home Type

Condominium

Year Built

Built in 1960

Lot Details

0

HOA Fees

$530 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Inclusions: Refrigerator. washer, dryer all in "as is" condition
  • New Construction: No
  • Story List: Main
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to The 1401 Pennsylvania Ave. This 1BR, 1BA unit is conveniently located near shops and restaurants. The 5th floor unit with balcony offers beautiful city views. New flooring, fresh paint and an in unit washer/dryer make this home “move in ready”. The 24-hour security, a welcoming lobby, a courtyard garden and an on-site parking garage make this a perfect place to call home. Monthly condo charges cover water/sewer, electricity, gas, heat, hot water, trash, snow removal and maintenance.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer
  • Entry Floor: 5
  • Interior Amenities: Floor Plan - Open
  • Levels Count: 1
  • Basement: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1401

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • 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: Basement Garage
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage, On Street
  • Parking Garage Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Type: Radiant
  • 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: 530.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Security, Storage Bin
  • HOA Condo Co-Op Fee Includes: Electricity, Heat, Management, Sewer, Snow Removal, Water, Trash, Common Area Maintenance
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 43000.00
  • Land Assessed Value: 8200.00
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2022
  • Zoning: 26R-2A
  • In City Limits: Yes

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2398447
  • School Tax: 1266.00
  • Tax Annual Amount: 2345.00
  • Assessor Parcel Number: 26-020.40-014.C.0505
  • Tax Lot: 014.C.0505
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/19/2023

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2023
Closed on
Apr 28, 2023
Sold by
Ogden Timothy
Bought by
Muniz Ronald
Seller's Agent
kevin odle
Long & Foster Real Estate, Inc.
Buyer's Agent
Daniel Borges
Coldwell Banker Realty
List Price
$114,000
Sold Price
$126,000
Premium/Discount to List
$12,000
10.53%
Views
24
Current Estimated Value
$148,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,466
Avg. Annual Appreciation
7.20%
Original Mortgage
$94,500
Outstanding Balance
$91,819
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$56,647
Source: Public Records

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
Muniz Ronald -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muniz Ronald $94,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2023 05/19/23 Sold $126,000 +10.5% --
03/25/2023 03/25/23 For Sale $114,000 -- --
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
2024 $1,598 $51,200 $8,200 $43,000
2023 $1,388 $51,200 $8,200 $43,000
2022 $1,395 $51,200 $8,200 $43,000
2021 $1,393 $51,200 $8,200 $43,000
2020 $1,400 $51,200 $8,200 $43,000
2019 $2,429 $51,200 $8,200 $43,000
2018 $1,394 $51,200 $8,200 $43,000
2017 $1,392 $51,200 $8,200 $43,000
2016 $1,319 $51,200 $8,200 $43,000
2015 $2,170 $51,200 $8,200 $43,000
2014 $2,060 $51,200 $8,200 $43,000
Source: Public Records

Agents Affiliated with this Home

  • kevin odle

    Seller's Agent in 2023

    kevin odle

    Long & Foster

    (302) 593-8992

    3 in this area

    96 Total Sales

    kevin odle
    Section Image
  • Daniel Borges

    Buyer's Agent in 2023

    Daniel Borges

    Coldwell Banker Realty

    (302) 824-8037

    1 in this area

    65 Total Sales

    Daniel Borges
    Section Image
See All Agents

About Fourteen-O-One Condos

Map

Source: Bright MLS

MLS Number: DENC2040056

Bright MLS

APN: 26-020.40-014.C-0505

Delaware New Castle County Wilmington 19806 Delaware Avenue

1401 Pennsylvania Ave Unit 505, Wilmington, DE

This home is located at 1401 Pennsylvania Ave Unit 505, Wilmington, DE 19806 since 25 March 2023 and is currently estimated at $148,466. This property was built in 1960. 1401 Pennsylvania Ave Unit 505 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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