NOT LISTED FOR SALE

1404 Chestnut St Unit 1404 Wilmington, DE 19805

Bayard Square Neighborhood

Estimated Value: $107,000 - $195,249

2 Beds
4 Baths
-- Sq Ft
$309/mo HOA Fee

Last Sold April 05, 2012

Last sale price $9,900

Est. 1,382% increase in value since last sale

Current estimated payment $1,284/month

22 Days on Market

Highlights

  • Traditional Architecture
  • En-Suite Primary Bedroom
  • Back Up Electric Heat Pump System
  • Living Room
  • Dining Room

About This Home

As of April 2012

R-6963 - Bank Owned Condo. This unit's building was damaged by fire. This will be Cash only offers. Unit has had some repairs but still in need of major work. Unit does not have C/O and buyer will be responsible for obtaining a Certificate of Occupancy after closing. Sold AS IS, owner will make no repairs, no utilities will be turned on. Owner Occupant Homebuyers and select non-profits have an exclusive opportunity to purchase this home in the first 15 days of listing and prior to competition from investors through a special initiative. This ongoing initiative does not apply ONLY to first time homebuyers, buyer does not to use as primary residence. Seller is offering 2YR Home Warranty to owner occupants, up to 3% closing cost help. Initial offers submitted in HomeSteps Connect (HSC) between November 15, 2011 - January 31, 2012 with escrow closed on or before March 15, 2012. Invester offers considered after 01/11/2012

Last Agent to Sell the Property

A. DANIEL WEST

RE/MAX Horizons License #TREND:60010885 Listed on: 12/28/2011

Co-Listed By

Steve Schmidt

RE/MAX Horizons License #RB-0031118

Last Buyer's Agent

Megan Johnston

BHHS Fox & Roach-Christiana License #RS-0015772

BHHS Fox & Roach-Christiana

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1988

HOA Fees

  • $309 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 1 Level
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom

Parking

  • On-Street Parking
  • Parking Lot

Additional Features

  • Property is in below average condition
  • Back Up Electric Heat Pump System

Community Details

  • Towne Ests Subdivision

Listing and Financial Details

  • Tax Lot 169.C.0078
  • Assessor Parcel Number 26-033.40-169.C.0078

Property Details

Home Type

Condominium

Year Built

Built in 1988

Lot Details

0

HOA Fees

$309 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Year Built: 1988
  • Remarks Public: R-6963 - Bank Owned Condo. This unit's building was damaged by fire. This will be Cash only offers. Unit has had some repairs but still in need of major work. Unit does not have C/O and buyer will be responsible for obtaining a Certificate of Occupancy after closing. Sold AS IS, owner will make no repairs, no utilities will be turned on. Owner Occupant Homebuyers and select non-profits have an exclusive opportunity to purchase this home in the first 15 days of listing and prior to competition from investors through a special initiative. This ongoing initiative does not apply ONLY to first time homebuyers, buyer does not to use as primary residence. Seller is offering 2YR Home Warranty to owner occupants, up to 3% closing cost help. Initial offers submitted in HomeSteps Connect (HSC) between November 15, 2011 - January 31, 2012 with escrow closed on or before March 15, 2012. Invester offers considered after 01/11/2012
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace: No
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Bedroom 1
  • Basement: No
  • Street Number Modifier: 1404

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street, Parking Lot

Utilities

  • Central Air Conditioning: No
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 308.99
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890

Lot Info

  • Improvement Assessed Value: 44200.00
  • Land Assessed Value: 7100.00
  • Lot Size Units: Square Feet
  • Property Condition: Below Average
  • Zoning: 26R5B

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2408603
  • Tax Annual Amount: 1954.00
  • Assessor Parcel Number: 26-033.40-169.C.0078
  • Tax Lot: 169.C.0078
  • Tax Year: 2010
  • Close Date: 04/05/2012

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2017
Sold by
Short Travis
Bought by
Short Roland A
Total Days on Market
22
Current Estimated Value
$146,750

Purchase Details

Closed on
Feb 27, 2017
Sold by
Short Roland A
Bought by
Short Travis

Purchase Details

Listed on
Dec 28, 2011
Closed on
Feb 7, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Short Roland A
Seller's Agent
A. DANIEL WEST
RE/MAX Horizons
Buyer's Agent
Megan Johnston
BHHS Fox & Roach-Christiana
List Price
$9,900
Sold Price
$9,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.81%

Purchase Details

Closed on
May 31, 2006
Sold by
Hancock Charles Ray
Bought by
Walton Christine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,600
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
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
Short Roland A -- None Available
Short Travis -- None Available
Short Roland A $9,900 None Available
Walton Christine L $87,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walton Christine L $69,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2012 04/05/12 Sold $9,900 0.0% --
01/19/2012 01/19/12 Pending -- -- --
01/11/2012 01/11/12 Off Market $9,900 -- --
12/28/2011 12/28/11 For Sale $9,900 -- --
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 $1,824 $51,300 $7,100 $44,200
2022 $1,825 $51,300 $7,100 $44,200
2021 $1,765 $51,300 $7,100 $44,200
2020 $1,726 $51,300 $7,100 $44,200
2019 $2,525 $51,300 $7,100 $44,200
2018 $1,475 $51,300 $7,100 $44,200
2017 $1,431 $51,300 $7,100 $44,200
2016 $5,320 $51,300 $7,100 $44,200
2015 $2,228 $51,300 $7,100 $44,200
2014 $2,227 $51,300 $7,100 $44,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004603272

Bright MLS

APN: 26-033.40-169.C-0078