$460,000
SOLD MAR 31, 2025
-- Bed
-- Bath
2,475 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$186 Per Sq Ft

About This Home

As of March 2025

Investors Alert! This Triplex located in Trolley Square is a must see. This property offers three, two bedroom apartments. All apartments are spacious and tenant occupied. This apartment building still has Trolley Square charm, while still offering updated features. Each apartment offers new LVP flooring throughout and washer/dryers in each unit. There is a fenced in backyard as well for the use of the tenants. It is close to I-95, restaurants, and in walking distance to the heart of Trolley Square in Wilmington.

Last Agent to Sell the Property

Heather Sinclair

EXP Realty, LLC Listed on: 02/18/2025

EXP Realty, LLC

Last Buyer's Agent

Heather Sinclair

EXP Realty, LLC Listed on: 02/18/2025

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,918

Year Built

  • Built in 1900

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 25.00 x 100.00

Parking

  • On-Street Parking

Home Design

  • 2,475 Sq Ft Home
  • Triplex
  • Brick Exterior Construction
  • Stucco

Utilities

  • Radiator
  • Natural Gas Water Heater
  • Municipal Trash

Additional Features

  • Unfinished Basement

Community Details

  • Trolley Square Subdivision

Listing and Financial Details

  • Tax Lot 008
  • Assessor Parcel Number 26-021.30-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,918

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Investors Alert! This Triplex located in Trolley Square is a must see. This property offers three, two bedroom apartments. All apartments are spacious and tenant occupied. This apartment building still has Trolley Square charm, while still offering updated features. Each apartment offers new LVP flooring throughout and washer/dryers in each unit. There is a fenced in backyard as well for the use of the tenants. It is close to I-95, restaurants, and in walking distance to the heart of Trolley Square in Wilmington.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2475
  • Living Area Sq Ft: 2475
  • Price Per Sq Ft: 185.86
  • Above Grade Finished Sq Ft: 2475
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1413

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Stucco
  • 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: Electric
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Schools

  • School District: RED CLAY CONSOLIDATED
  • School District Key: 300200396545
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 25.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Year Assessed: 2024
  • Zoning: 26R-3
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Long Term, Month To Month
  • Total Actual Rent: 47700.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 2060.00
  • Tax Annual Amount: 3918.00
  • Assessor Parcel Number: 26-021.30-008
  • Tax Lot: 008
  • Tax Total Finished Sq Ft: 2475
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 03/31/2025

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2025
Closed on
Mar 31, 2025
Sold by
Grier Alexander D
Bought by
Nlr De Properties Llc
Seller's Agent
Heather Sinclair
EXP Realty, LLC
Buyer's Agent
Heather Sinclair
EXP Realty, LLC
List Price
$460,000
Sold Price
$460,000
Total Days on Market
0
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.09%
Original Mortgage
$368,000
Outstanding Balance
$367,634
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$89,299

Purchase Details

Listed on
Jul 16, 2017
Closed on
Sep 29, 2017
Sold by
Tsionas Properties Llc
Bought by
Grier Alexander D
Seller's Agent
Victoria Lawson
Long & Foster Real Estate, Inc.
Buyer's Agent
Lisa Marie
RE/MAX Edge
List Price
$299,900
Sold Price
$310,000
Premium/Discount to List
$10,100
3.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.40%
Original Mortgage
$304,385
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 29, 1999
Bought by
Tsionas Properties L L C
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 Type Sale Price Title Company
Deed $460,000 None Listed On Document
Deed -- None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $368,000 New Conventional
Previous Owner $28,340 New Conventional
Previous Owner $296,222 FHA
Previous Owner $304,385 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 Sold $460,000 0.0% $186 / Sq Ft
02/18/2025 02/18/25 Pending -- -- --
02/18/2025 02/18/25 For Sale $460,000 +48.4% $186 / Sq Ft
09/29/2017 09/29/17 Sold $310,000 +3.4% $125 / Sq Ft
07/31/2017 07/31/17 For Sale $299,900 0.0% $121 / Sq Ft
07/31/2017 07/31/17 Pending -- -- --
07/16/2017 07/16/17 For Sale $299,900 -- $121 / 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 $2,418 $77,500 $13,000 $64,500
2023 $2,102 $77,500 $13,000 $64,500
2022 $2,111 $77,500 $13,000 $64,500
2021 $2,108 $77,500 $13,000 $64,500
2020 $2,120 $77,500 $13,000 $64,500
2019 $3,677 $77,500 $13,000 $64,500
2018 $2,110 $77,500 $13,000 $64,500
2017 $2,106 $77,500 $13,000 $64,500
2016 $1,996 $77,500 $13,000 $64,500
2015 $3,284 $77,500 $13,000 $64,500
2014 $3,118 $77,500 $13,000 $64,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2076208

Bright MLS

APN: 26-021.30-008