Seller's Agent in 2022
TONI VANDEGRIFT
EXP Realty, LLC
(302) 463-8177
2 in this area
149 Total Sales
1402 W 7th St Wilmington, DE 19805
Tilton Park NeighborhoodEstimated Value: $354,000 - $405,000
--
Bed
2
Baths
2,850
Sq Ft
$134/Sq Ft
Est. Value
Highlights
- 0.12 Acre Lot
- Victorian Architecture
- Hot Water Heating System
- Solid Hardwood Flooring
- Ceiling Fan
- 2-minute walk to Tilton Park
About This Home
As of March 2022Fantastic opportunity for a owner occupant or investor with this attractive Victorian triplex in the west hills/Cool Springs/Little Italy area of Wilmington. Only 1 block to the Saint Francis Hospital and caddy-corner from the lovely Tilton Park, surrounded by stunning Victorian architecture on N. Broom & N. Rodney St. The property has 3 separate electric meters, 3 high quality water heaters & boilers! Bilco doors give easy access for maintenance in the basement. Apartment 2 has an in-house laundry. Apartment 1 & 3 each have their own laundry located in the basement. The very long brick driveway opens to a large yard. There’s evidence that a good size garage once was located and likely would be approved for being rebuilt. OFF STREET PARKING for each apartment could be offered due to the large size of the yard if a stone parking pad were added! Replacement dual-pane windows throughout the property. The roof was taken down to the wood so one layer of architectural shingle was installed in 2005 on the main roofs. Hardwood floors in and all the main living spaces in each of the three units. The current sellers kept the rents the same for unit 2 & 3 (but have recently raised Apt 1 to $950) as when they purchased the property in 2018 so there’s room for growth to easily Increase the cap rate. Very accessible to Trolley Square, the riverfront & Market Street attractions. Very convenient to major commuting routes, the train & bus stations at 2nd & Market. For an owner-occupant there is a grant that does NOT need to be repaid, available for up to 17,500 towards your down payment and closing costs! Please book 24 hours in advance for the occupied units which must be confirmed. Tenants might be home during showings.
Last Agent to Sell the Property
EXP Realty, LLC License #RS0018068 Listed on: 02/25/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,699
Year Built
- Built in 1920
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 40.00 x 128.00
- Level Lot
- Open Lot
- Property is in very good condition
Home Design
- Triplex
- Victorian Architecture
- Brick Exterior Construction
- Block Foundation
- Stone Foundation
- Plaster Walls
- Frame Construction
- Architectural Shingle Roof
- Stone Siding
Interior Spaces
- 2,850 Sq Ft Home
- Ceiling Fan
Flooring
- Solid Hardwood
- Tile or Brick
- Vinyl
Parking
- 2 Parking Spaces
- 2 Driveway Spaces
- Private Parking
- Brick Driveway
- On-Street Parking
Utilities
- Window Unit Cooling System
- Radiator
- Hot Water Heating System
- Natural Gas Water Heater
- Municipal Trash
Listing and Financial Details
- The owner pays for insurance, lawn/shrub care, repairs, sewer, snow removal, real estate taxes, water
- Tax Lot 263
- Assessor Parcel Number 26-027.30-263
Community Details
Overview
- 3 Units
- Cool Spring Subdivision
Building Details
- 1 Vacant Unit
- Income includes apartment rentals
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 7, 2022
Sold by
Geoffrey Mccloskey
Bought by
Broom Street Mgt Llc
Total Days on Market
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5.1%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 25, 2022
Closed on
Mar 25, 2022
Sold by
Curl Robert E
Bought by
Mccloskey Geoffrey and Mccloskey Dana
Seller's Agent
TONI VANDEGRIFT
EXP Realty, LLC
Buyer's Agent
Andrew White
Compass
List Price
$275,000
Sold Price
$306,000
Premium/Discount to List
$31,000
11.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.00%
Original Mortgage
$247,000
Interest Rate
3.63%
Mortgage Type
Construction
Purchase Details
Listed on
Apr 5, 2018
Closed on
May 18, 2018
Sold by
Cuocolo David A and Kipp James F
Bought by
Curl Robert E and Musumeci Denise M
Seller's Agent
Andrew White
Compass
Buyer's Agent
TONI VANDEGRIFT
EXP Realty, LLC
List Price
$165,000
Sold Price
$178,000
Premium/Discount to List
$13,000
7.88%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.11%
Original Mortgage
$133,456
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 28, 2006
Sold by
Andress Robert F
Bought by
Cuocolo David A and Kipp James F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,875
Interest Rate
6.17%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Oct 1, 2001
Sold by
Franta Richard E
Bought by
Andress Robert F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.91%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Broom Street Mgt Llc | -- | Global Title | |
| Mccloskey Geoffrey | -- | None Listed On Document | |
| Curl Robert E | -- | None Available | |
| Cuocolo David A | $242,500 | None Available | |
| Andress Robert F | $12,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mccloskey Geoffrey | $228,000 | |
| Previous Owner | Mccloskey Geoffrey | $247,000 | |
| Previous Owner | Curl Robert E | $133,456 | |
| Previous Owner | Cuocolo David A | $180,000 | |
| Previous Owner | Cuocolo David A | $181,875 | |
| Previous Owner | Andress Robert F | $40,000 | |
| Previous Owner | Andress Robert F | $25,000 | |
| Previous Owner | Andress Robert F | $108,000 | |
| Closed | Andress Robert F | $12,150 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/25/2022 03/25/22 | Sold | $306,000 | +11.3% | $107 / Sq Ft |
| 03/03/2022 03/03/22 | Pending | -- | -- | -- |
| 02/25/2022 02/25/22 | For Sale | $275,000 | +54.5% | $96 / Sq Ft |
| 05/18/2018 05/18/18 | Sold | $178,000 | +7.9% | $62 / Sq Ft |
| 04/19/2018 04/19/18 | Pending | -- | -- | -- |
| 04/05/2018 04/05/18 | For Sale | $165,000 | -- | $58 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,841 | $59,000 | $5,300 | $53,700 |
| 2023 | $1,600 | $59,000 | $5,300 | $53,700 |
| 2022 | $1,607 | $59,000 | $5,300 | $53,700 |
| 2021 | $1,605 | $59,000 | $5,300 | $53,700 |
| 2020 | $1,614 | $59,000 | $5,300 | $53,700 |
| 2019 | $2,800 | $59,000 | $5,300 | $53,700 |
| 2018 | $1,257 | $59,000 | $5,300 | $53,700 |
| 2017 | $1,094 | $59,000 | $5,300 | $53,700 |
| 2016 | $1,094 | $59,000 | $5,300 | $53,700 |
| 2015 | $1,094 | $59,000 | $5,300 | $53,700 |
| 2014 | $2,374 | $59,000 | $5,300 | $53,700 |
Source: Public Records
Agents Affiliated with this Home
-
TONI VANDEGRIFT
-
Andrew White
Buyer's Agent in 2022
Andrew White
Compass
3 in this area
267 Total Sales
-
Anthony White
Seller Co-Listing Agent in 2018
Anthony White
Compass
(610) 233-9315
54 Total Sales
Map
Source: Bright MLS
MLS Number: DENC2018314
APN: 26-027.30-263
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