NOT LISTED FOR SALE

1404 W 4th St Wilmington, DE 19805

Estimated Value: $116,000 - $154,000

2 Beds
1 Bath
1,300 Sq Ft
$107/Sq Ft Est. Value

Last Sold February 24, 2019

Last sale price $15,000 $12 Per Sq Ft

Est. 825% increase in value since last sale

Current estimated payment $800/month

Highlights

  • No HOA
  • Living Room
  • Forced Air Heating System
  • Dupont (H.B.) Middle School Rated A
  • En-Suite Primary Bedroom
  • 1-minute walk to 4th & Rodney Streets Tot Lot

About This Home

As of February 2019

This three bedroom home is now available for purchase. The property is currently tenant occupied and has a strong cash flow. Call to schedule your private tour today.

Last Agent to Sell the Property

Peter Meyer

(302) 218-2790 peter@meyerrealty.net Meyer & Meyer Realty License #RB-0003304 Listed on: 10/26/2018

Last Buyer's Agent

Lauren Janes

(302) 234-5277 lauren.janes@compass.com Compass License #5016145

Compass

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1920

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 17x80

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,300 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Dining Room
  • Partial Basement
  • Laundry on main level

Bedrooms and Bathrooms

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

Utilities

  • Cooling System Utilizes Natural Gas
  • Forced Air Heating System
  • Heating System Uses Oil
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 315
  • Assessor Parcel Number 26-027.30-315

Townhouse Details

Home Type

Townhome

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Upper 1
  • Year Built: 1920
  • Remarks Public: This three bedroom home is now available for purchase. The property is currently tenant occupied and has a strong cash flow. Call to schedule your private tour today.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Refrigerator
  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1300
  • Living Area Sq Ft: 1300
  • Net Sq Ft: 1300.00
  • Price Per Sq Ft: 13.85
  • Above Grade Finished Sq Ft: 1300
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1404

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Natural Gas
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Improvement Assessed Value: 22600.00
  • Land Assessed Value: 2100.00
  • Lot Size Acres: 0.03
  • Lot Dimensions: 17X80
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Zoning: 26R-3
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2404067
  • Tax Annual Amount: 1135.00
  • Assessor Parcel Number: 26-027.30-315
  • Tax Lot: 315
  • Tax Data Updated: No
  • Tax Year: 2017
  • Close Date: 02/24/2019

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2018
Closed on
Feb 22, 2019
Sold by
Mercadante Jennifer J
Bought by
Sme Management Llc
Seller's Agent
Peter Meyer
Meyer & Meyer Realty
Buyer's Agent
Lauren Janes
Compass
List Price
$25,000
Sold Price
$15,000
Premium/Discount to List
-$10,000
-40%
Current Estimated Value
$138,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,822
Avg. Annual Appreciation
40.17%

Purchase Details

Closed on
Apr 13, 2018
Sold by
City Of Wilmington
Bought by
Mercadante Jennifer and Falkowski Edward S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2006
Sold by
Brown Ethel and Kennedy Gary L
Bought by
Santiago Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
9.99%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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
Sme Management Llc -- None Available
Mercadante Jennifer $6,502 None Available
Santiago Maria $75,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mercadante Jennifer $8,000
Previous Owner Santiago Maria $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2019 02/24/19 Sold $15,000 -40.0% $12 / Sq Ft
01/24/2019 01/24/19 Pending -- -- --
12/20/2018 12/20/18 For Sale $25,000 0.0% $19 / Sq Ft
12/12/2018 12/12/18 Pending -- -- --
10/26/2018 10/26/18 For Sale $25,000 -- $19 / Sq Ft
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 $771 $24,700 $2,100 $22,600
2023 $670 $24,700 $2,100 $22,600
2022 $673 $24,700 $2,100 $22,600
2021 $672 $24,700 $2,100 $22,600
2020 $676 $24,700 $2,100 $22,600
2019 $1,172 $24,700 $2,100 $22,600
2018 $918 $24,700 $2,100 $22,600
2017 $1,094 $24,700 $2,100 $22,600
2016 $1,094 $24,700 $2,100 $22,600
2015 $1,047 $24,700 $2,100 $22,600
2014 $994 $24,700 $2,100 $22,600
Source: Public Records

Agents Affiliated with this Home

  • Peter Meyer

    Seller's Agent in 2019

    Peter Meyer

    Meyer & Meyer Realty

    (302) 218-2790

    128 Total Sales

    Peter Meyer
    Section Image
  • Lauren Janes

    Buyer's Agent in 2019

    Lauren Janes

    Compass

    (302) 234-5277

    273 Total Sales

    Lauren Janes
    Section Image
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Map

Source: Bright MLS

MLS Number: 1010005034

Bright MLS

APN: 26-027.30-315

Delaware New Castle County Wilmington 19805

1404 W 4th St, Wilmington, DE

This home is located at 1404 W 4th St, Wilmington, DE 19805 since 26 October 2018 and is currently estimated at $138,822, approximately $106 per square foot. This property was built in 1920. 1404 W 4th St is a home located in New Castle County with nearby schools including Warner Elementary School, Dupont (H.B.) Middle School, and Alexis I. du Pont High School.

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