1405 Banning St Wilmington, DE 19805
Bayard Square Neighborhood
--
Bed
--
Bath
2,700
Sq Ft
6,098
Sq Ft Lot
Highlights
- 0.14 Acre Lot
- Deck
- Porch
- Colonial Architecture
- Traditional Floor Plan
- Bathtub with Shower
About This Home
As of May 2025Well maintained 4 unit building 1 block from St Elizabeth high school, Sale of property also includesd1396 Banning street that provides parking across street for up to 6 cars , additional income from rental of parking spots, Long term tenants in place xtended leases thru march 2026, recent updates include composite deck,replacement windows and minor painting Dont mis the opportunity to own nicest 4 unit in area.//4 - 1 bdrm units, range, refrigerator, washer, dryer 2 window ac units included in each unit/ subject good condition/ 2outside entrance to basements/
Last Agent to Sell the Property
Real-Trust-Associates, LLC. License #rb-0020136 Listed on: 03/26/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,605
Year Built
- Built in 1942
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 53x109
- Infill Lot
- Level Lot
- Property is in good condition
Home Design
- Quadruplex
- Colonial Architecture
- Flat Roof Shape
- Brick Exterior Construction
- Block Foundation
- Built-Up Roof
- Rubber Roof
Interior Spaces
- Bathtub with Shower
- Traditional Floor Plan
- Combination Kitchen and Dining Room
- Vinyl Flooring
- Basement
- Interior and Side Basement Entry
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Escape
Parking
- 5 Parking Spaces
- 5 Off-Site Spaces
- Private Parking
- Free Parking
Accessible Home Design
- Halls are 36 inches wide or more
Outdoor Features
- Deck
- Porch
Utilities
- Cooling System Mounted In Outer Wall Opening
- Forced Air Heating System
- Natural Gas Water Heater
- Municipal Trash
- Cable TV Available
Listing and Financial Details
- Tax Lot 37/38
- Assessor Parcel Number 2604140038/2604140037
Community Details
Overview
- 4 Units
- 2-Story Building
Building Details
- Income includes parking
- Operating Expense $5,159
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 26, 2025
Closed on
May 21, 2025
Sold by
Ebaugh Christopher R and Ebaugh Anne R
Bought by
Krp Properties Llc
Seller's Agent
Bob Jebsen
Real-Trust-Associates, LLC.
Buyer's Agent
DAN DAVIS
RE/MAX Point Realty
List Price
$559,000
Sold Price
$537,500
Premium/Discount to List
-$21,500
-3.85%
Views
30
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$207,777
Avg. Annual Appreciation
-83.63%
Original Mortgage
$214,800
Outstanding Balance
$214,420
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$115,303
Purchase Details
Listed on
Mar 26, 2025
Closed on
Apr 23, 2025
Sold by
Ebaugh Properties Llc
Bought by
Ebaugh Christopher R and Ebaugh Anne R
Seller's Agent
Bob Jebsen
Real-Trust-Associates, LLC.
Buyer's Agent
DAN DAVIS
RE/MAX Point Realty
List Price
$559,000
Sold Price
$537,500
Premium/Discount to List
-$21,500
-3.85%
Views
30
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,800
Outstanding Balance
$214,420
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$115,303
Purchase Details
Closed on
Jul 16, 2013
Sold by
Ebaugh Christopher R and Ebaugh Anne R
Bought by
Ebaugh Properties Llc
Purchase Details
Closed on
Nov 21, 2006
Sold by
Schumann Richard S and Schumann Marian E
Bought by
Ebaugh Christopher R and Ebaugh Anne R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,000
Interest Rate
6.39%
Mortgage Type
FHA
Similar Homes in Wilmington, DE
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $268,500 | None Listed On Document | |
| Deed | -- | None Listed On Document | |
| Deed | -- | None Available | |
| Deed | $317,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $214,800 | New Conventional | |
| Previous Owner | $216,500 | New Conventional | |
| Previous Owner | $525,000 | New Conventional | |
| Previous Owner | $221,250 | Unknown | |
| Previous Owner | $525,000 | Unknown | |
| Previous Owner | $254,000 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/21/2025 05/21/25 | Sold | $537,500 | -3.8% | $199 / Sq Ft |
| 04/03/2025 04/03/25 | Pending | -- | -- | -- |
| 03/26/2025 03/26/25 | For Sale | $559,000 | -- | $207 / 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 | $1,489 | $40,400 | $6,000 | $34,400 |
| 2023 | $1,452 | $40,400 | $6,000 | $34,400 |
| 2022 | $1,437 | $40,400 | $6,000 | $34,400 |
| 2021 | $1,400 | $40,400 | $6,000 | $34,400 |
| 2020 | $0 | $40,400 | $6,000 | $34,400 |
| 2019 | $1,989 | $40,400 | $6,000 | $34,400 |
| 2018 | $1,161 | $40,400 | $6,000 | $34,400 |
| 2017 | $1,127 | $40,400 | $6,000 | $34,400 |
| 2016 | $1,124 | $40,400 | $6,000 | $34,400 |
| 2015 | $1,755 | $40,400 | $6,000 | $34,400 |
| 2014 | $1,754 | $40,400 | $6,000 | $34,400 |
Source: Public Records
Agents Affiliated with this Home
-
Bob Jebsen
B
Seller's Agent in 2025
Bob Jebsen
Real-Trust-Associates, LLC.
(410) 241-0292
1 in this area
20 Total Sales
-
DAN DAVIS
Buyer's Agent in 2025
DAN DAVIS
RE/MAX
(302) 995-0862
1 in this area
97 Total Sales
Map
Source: Bright MLS
MLS Number: DENC2078446
APN: 26-041.40-038
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