NOT LISTED FOR SALE

1413 W 7th St Wilmington, DE 19805

Tilton Park Neighborhood

Estimated Value: $164,000 - $246,678

-- Bed
2 Baths
1,400 Sq Ft
$152/Sq Ft Est. Value

Last Sold August 28, 2017

Last sale price $145,000 $104 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,295/month

61 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Replacement Windows
  • Tile or Brick Flooring
  • Hot Water Heating System
  • 2-minute walk to Tilton Park

About This Home

As of August 2017

Excellent investor opportunity in the City of Wilmington! This two unit property has been thoughtfully maintained and improved with care over the years by the current owner/manager. Property features a covered front porch that leads to the common door entry. Inside, the first floor features a spacious one bedroom unit. This unit features a comfortably sized living room, bedroom with en suite bath, and an updated kitchen. Upstairs, the newly installed wall to wall carpet leads you to a spacious two bedroom unit. This unit features nicely sized bedrooms, comfortable living room and an updated galley style kitchen. This unit also has a walkout to a small balcony that overlooks the rear courtyard. The back of this property is completely fenced and features a full concrete patio. The property also features updated windows, electric and plumbing. Building is separately metered for electric and gas and has a separate water heater for each unit. There is also a washer and dryer for each unit in the common basement space. Tenants pay for electric and gas for cooking and hot water. Owner currently pays for heat, water and sewer. This property is located just one block from the St. Francis Hospital and is truly a turn key opportunity for the next owner.

Last Listed By

Scott Deputy

EXP Realty, LLC Listed on: 05/03/2017

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,803

Year Built

  • Built in 1910

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 24x66
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation
  • Pitched Roof

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,400 Sq Ft Home
  • Replacement Windows

Flooring

  • Wall to Wall Carpet
  • Tile or Brick

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Utilities

  • Radiator
  • Heating System Uses Gas
  • Hot Water Heating System
  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 338
  • Assessor Parcel Number 26-027.10-338

Community Details

Overview

  • No Home Owners Association
  • Wilm #14 Subdivision

Building Details

  • Electric Expense $1,016
  • Insurance Expense $641
  • Operating Expense $4,263

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,803

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Exclusions: Tenant's Personal Property
  • Inclusions: Refrigerators, Washers And Dryers (2 Each)
  • New Construction: No
  • Storage: Basement
  • Year Built: 1910
  • Remarks Public: Excellent investor opportunity in the City of Wilmington! This two unit property has been thoughtfully maintained and improved with care over the years by the current owner/manager. Property features a covered front porch that leads to the common door entry. Inside, the first floor features a spacious one bedroom unit. This unit features a comfortably sized living room, bedroom with en suite bath, and an updated kitchen. Upstairs, the newly installed wall to wall carpet leads you to a spacious two bedroom unit. This unit features nicely sized bedrooms, comfortable living room and an updated galley style kitchen. This unit also has a walkout to a small balcony that overlooks the rear courtyard. The back of this property is completely fenced and features a full concrete patio. The property also features updated windows, electric and plumbing. Building is separately metered for electric and gas and has a separate water heater for each unit. There is also a washer and dryer for each unit in the common basement space. Tenants pay for electric and gas for cooking and hot water. Owner currently pays for heat, water and sewer. This property is located just one block from the St. Francis Hospital and is truly a turn key opportunity for the next owner.
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted, Tile/Brick
  • Window Features: Replacement
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Stone
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1400
  • Living Area Sq Ft: 1400
  • Price Per Sq Ft: 107.07
  • Above Grade Finished Sq Ft: 1400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1413

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Flat, Pitched
  • 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

Utilities

  • Central Air Conditioning: No
  • Electric Expense: 1016.00
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 803.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Improvement Assessed Value: 34300.00
  • Land Assessed Value: 6200.00
  • Lot Size Acres: 0.04
  • Lot Dimensions: 24X66
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: 26R-3

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 18300.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 2403529
  • Tax Annual Amount: 1803.00
  • Assessor Parcel Number: 26-027.10-338
  • Tax Lot: 338
  • Tax Year: 2016
  • Close Date: 08/28/2017

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2020
Sold by
Hutchison Chritopher
Bought by
1413 W 7 Holdings Llc
Total Days on Market
61
Current Estimated Value
$212,670

Purchase Details

Closed on
Feb 15, 2007
Sold by
Tierney Mary E and Cuccurullo Kerrie
Bought by
West Seventh Street Llc

Range of Values:

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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
1413 W 7 Holdings Llc -- None Available
West Seventh Street Llc $60,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hutchison Christopher $108,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2017 08/28/17 Sold $145,000 -3.3% $104 / Sq Ft
07/03/2017 07/03/17 Pending -- -- --
06/29/2017 06/29/17 Price Changed $149,900 -6.3% $107 / Sq Ft
05/03/2017 05/03/17 For Sale $159,900 -- $114 / 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 $1,264 $40,500 $6,200 $34,300
2023 $1,098 $40,500 $6,200 $34,300
2022 $1,103 $40,500 $6,200 $34,300
2021 $1,102 $40,500 $6,200 $34,300
2020 $1,108 $40,500 $6,200 $34,300
2019 $1,922 $40,500 $6,200 $34,300
2018 $2,741 $40,500 $6,200 $34,300
2017 $830 $40,500 $6,200 $34,300
2016 $830 $40,500 $6,200 $34,300
2015 $1,716 $40,500 $6,200 $34,300
2014 $1,629 $40,500 $6,200 $34,300
Source: Public Records

Agents Affiliated with this Home

  • Scott Deputy

    Seller's Agent in 2017

    Scott Deputy

    EXP Realty, LLC

    (302) 750-6388

    73 Total Sales

    Scott Deputy
    Section Image
  • Cathleen Wilder

    Seller Co-Listing Agent in 2017

    Cathleen Wilder

    Long & Foster

    (302) 218-5880

    1 in this area

    105 Total Sales

    Cathleen Wilder
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000064530

Bright MLS

APN: 26-027.10-338

Delaware New Castle County Wilmington 19805 Tilton Park

1413 W 7th St, Wilmington, DE

Homes for Sale in Wilmington, DE

This home is located at 1413 W 7th St, Wilmington, DE 19805 since 03 May 2017 and is currently estimated at $212,670, approximately $151 per square foot. This property was built in 1910. 1413 W 7th St is a home located in New Castle County with nearby schools including Lewis (William C.) Dual Language Elementary School, Skyline Middle School, and Alexis I. du Pont High School.

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