$58,000
SOLD FEB 28, 2017

1401 Pennsylvania Ave Unit 705 Wilmington, DE 19806

Delaware Avenue Neighborhood
1 Bed
1 Bath
-- Sq Ft
$486/mo HOA Fee

Recently Sold

113 Days on Market

Highlights

  • Traditional Architecture
  • Balcony
  • Living Room
  • Wood Flooring
  • Cooling System Mounted In Outer Wall Opening
  • En-Suite Primary Bedroom

About This Home

As of October 2018

Spacious and bright 1 bedroom 1 bath condo with a balcony showcasing beautiful views of Wilmington's skyline. Parquet floors, neutral colors and lots of storage help make this cute condo a great value! The location provides convenient access to downtown Wilmington and I-95. Just a quick walk to town and Trolley Square for shopping, dining and nightlife. The monthly condo association dues cover electric, water, sewer, basic cable, heat, hot water, trash and snow removal as well as security and valet parking! Why pay rent when you could be building equity.

Last Agent to Sell the Property

Mary Jo Laskaris

Long & Foster Real Estate, Inc. License #R3-0006355 Listed on: 10/07/2016

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Brent Du Pont

Monument Sotheby's International Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1960

HOA Fees

  • $486 Monthly HOA Fees

Parking

  • Shared Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • Living Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Built-In Range

Bedrooms and Bathrooms

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Balcony
  • Property is in good condition

Listing and Financial Details

  • Tax Lot 014.C.0705
  • Assessor Parcel Number 26-020.40-014.C.0705

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, snow removal, trash, electricity, heat, water, sewer, cook fee, management
  • The 1401 Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Year Built

Built in 1960

Lot Details

0

HOA Fees

$486 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Year Built: 1960
  • Remarks Public: Spacious and bright 1 bedroom 1 bath condo with a balcony showcasing beautiful views of Wilmington's skyline. Parquet floors, neutral colors and lots of storage help make this cute condo a great value! The location provides convenient access to downtown Wilmington and I-95. Just a quick walk to town and Trolley Square for shopping, dining and nightlife. The monthly condo association dues cover electric, water, sewer, basic cable, heat, hot water, trash and snow removal as well as security and valet parking! Why pay rent when you could be building equity.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Range
  • Flooring Type: Wood
  • Interior Amenities: Elevator
  • Fireplace: No
  • Floors In Unit Count: 7
  • Room List: Living Room, Primary Bedroom, Kitchen
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Shared
  • Street Number Modifier: 1401

Beds/Baths

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

Exterior Features

  • Construction Materials: Brick
  • Access To Pool: No
  • Exterior Features: Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Shared Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 486.00
  • HOA Fee Frequency: Monthly
  • Additional Association Fees: Hot Water
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Snow Removal, Trash, Electricity, Heat, Water, Sewer, Cook Fee, Management
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Improvement Assessed Value: 43000.00
  • Land Assessed Value: 8600.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony
  • Property Condition: Good
  • Zoning: 26R2A

Rental Info

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

Tax Info

  • Assessor Parcel Number: 2398473
  • Tax Annual Amount: 2298.00
  • Assessor Parcel Number: 26-020.40-014.C.0705
  • Tax Lot: 014.C.0705
  • Tax Year: 2016
  • Close Date: 02/28/2017

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2018
Closed on
Oct 15, 2018
Sold by
Romano Anthony V and Romano Michael M
Bought by
Woodard Gayle
Seller's Agent
Adrian Jones
Patterson-Schwartz - Greenville
Buyer's Agent
Celeste Smith
Madison Real Estate Inc. DBA MRE Residential Inc.
List Price
$79,900
Sold Price
$79,000
Premium/Discount to List
-$900
-1.13%
Current Estimated Value
$136,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,111
Original Mortgage
$71,100
Outstanding Balance
$62,761
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 7, 2016
Closed on
Feb 28, 2017
Sold by
Krauss Melissa A and Melissa A Krauss Trust
Bought by
Romano Anthony V and Romano Michael M
Seller's Agent
Mary Jo Laskaris
Long & Foster Real Estate, Inc.
Buyer's Agent
Brent Du Pont
Monument Sotheby's International Realty
List Price
$58,000
Sold Price
$58,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.87%

Purchase Details

Closed on
May 8, 2009
Sold by
Krauss Melissa Ann
Bought by
Krauss Melissa A and The Melissa A Krauss Trust
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 -- None Available
Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $71,100 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2018 10/15/18 Sold $79,000 -1.1% --
08/15/2018 08/15/18 Pending -- -- --
07/20/2018 07/20/18 For Sale $79,900 +37.8% --
02/28/2017 02/28/17 Sold $58,000 0.0% --
01/28/2017 01/28/17 Pending -- -- --
12/22/2016 12/22/16 For Sale $58,000 0.0% --
12/10/2016 12/10/16 Pending -- -- --
10/07/2016 10/07/16 For Sale $58,000 -- --
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 $1,610 $51,600 $8,600 $43,000
2023 $1,399 $51,600 $8,600 $43,000
2022 $1,406 $51,600 $8,600 $43,000
2021 $1,403 $51,600 $8,600 $43,000
2020 $1,411 $51,600 $8,600 $43,000
2019 $2,448 $51,600 $8,600 $43,000
2018 $589 $51,600 $8,600 $43,000
2017 $957 $51,600 $8,600 $43,000
2016 $957 $51,600 $8,600 $43,000
2015 $957 $51,600 $8,600 $43,000
2014 $957 $51,600 $8,600 $43,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003956805

Bright MLS

APN: 26-020.40-014.C-0705