NOT LISTED FOR SALE

1501 W 5th St Wilmington, DE 19805

Estimated Value: $227,000 - $371,000

3 Beds
2.5 Baths
1,775 Sq Ft
$156/Sq Ft Est. Value

Last Sold December 28, 2018

Last sale price $135,000 $76 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $1,692/month

19 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Eat-In Kitchen
  • Dupont (H.B.) Middle School Rated A
  • 1 Car Attached Garage
  • 1-minute walk to 4th & Rodney Streets Tot Lot

About This Home

As of December 2018

Rare opportunity to own a renovated, newer three bedroom, 2.5 bath end unit townhome in the City. Your buyers can move right in! They'll love the new kitchen, new appliances, fresh paint throughout, refinished hardwoods, gas fireplace and difficult to find ATTACHED GARAGE. Great lot with a nice sized, fenced back yard. There's a large laundry area on the main floor with plenty of extra storage space. All of this in such a convenient location close to shopping and major roads.

Last Listed By

Don Ash

Alliance Realty License #RS5313505 Listed on: 10/31/2018

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2006

Lot Details

  • 3,049 Sq Ft Lot

Parking

  • 1 Car Attached Garage
  • On-Street Parking

Home Design

  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,775 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Living Room
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 494
  • Assessor Parcel Number 26-027.30-494

Townhouse Details

Home Type

Townhome

Year Built

Built in 2006

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Upper 3
  • Year Built: 2006
  • Remarks Public: Rare opportunity to own a renovated, newer three bedroom, 2.5 bath end unit townhome in the City. Your buyers can move right in! They'll love the new kitchen, new appliances, fresh paint throughout, refinished hardwoods, gas fireplace and difficult to find ATTACHED GARAGE. Great lot with a nice sized, fenced back yard. There's a large laundry area on the main floor with plenty of extra storage space. All of this in such a convenient location close to shopping and major roads.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1775
  • Living Area Sq Ft: 1775
  • Net Sq Ft: 1775.00
  • Price Per Sq Ft: 70.08
  • Above Grade Finished Sq Ft: 1775
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1501

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 3
  • Upper Level 3 Bathrooms: 3.00
  • Upper Level 3 Full Bathrooms: 2
  • Upper Level 3 Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: On Street, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Electric
  • Heating: Yes
  • Hot Water: Electric
  • 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: 50100.00
  • Land Assessed Value: 3700.00
  • Lot Size Acres: 0.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Zoning: 26R-3
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2404241
  • Tax Annual Amount: 2473.00
  • Assessor Parcel Number: 26-027.30-494
  • Tax Lot: 494
  • Tax Year: 2017
  • Close Date: 12/28/2018

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2018
Closed on
Nov 29, 2018
Sold by
U S Bank Na
Bought by
Oyetade Oyeyemi Aderemi and Oyetade Oyeyemi
Seller's Agent
Don Ash
Alliance Realty
Buyer's Agent
Erik Bashford
EXP Realty, LLC
List Price
$124,400
Sold Price
$135,000
Premium/Discount to List
$10,600
8.52%
Total Days on Market
19
Current Estimated Value
$277,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,210
Avg. Annual Appreciation
11.57%
Original Mortgage
$132,554
Interest Rate
5.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 27, 2018
Sold by
Phifer Silas J
Bought by
Us Bank Na and Ows Reo Trust

Purchase Details

Closed on
Oct 29, 2008
Sold by
Green Michael G and Keeley Helene M
Bought by
Phifer Silas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,929
Interest Rate
6.13%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 31, 2006
Sold by
Green Michael G
Bought by
Green Michael G and Keeley Helene M

Purchase Details

Closed on
May 23, 2006
Sold by
A P M I Inc
Bought by
Green Michael G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,625
Interest Rate
6.62%
Mortgage Type
Unknown

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
Oyetade Oyeyemi Aderemi $135,000 None Available
Us Bank Na $291,912 None Available
Phifer Silas J $218,250 None Available
Green Michael G -- None Available
Green Michael G $207,984 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oyeyemi Aderemi $132,318
Closed Oyetade Oyeyemi Aderemi $132,554
Previous Owner Phifer Silas J $213,929
Previous Owner Phifer Silas J $8,427
Previous Owner Green Michael G $15,625
Previous Owner Green Michael G $160,000
Previous Owner A P M I Inc $300,000
Previous Owner A P M I Inc $300,000
Previous Owner A P M I Inc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2018 12/28/18 Sold $135,000 0.0% $76 / Sq Ft
11/15/2018 11/15/18 Off Market $135,000 -- --
10/31/2018 10/31/18 For Sale $124,400 -7.9% $70 / Sq Ft
10/31/2018 10/31/18 Off Market $135,000 -- --
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 $1,679 $53,800 $3,700 $50,100
2023 $1,459 $53,800 $3,700 $50,100
2022 $1,466 $53,800 $3,700 $50,100
2021 $1,463 $53,800 $3,700 $50,100
2020 $1,472 $53,800 $3,700 $50,100
2019 $2,553 $53,800 $3,700 $50,100
2018 $1,365 $53,800 $3,700 $50,100
2017 $2,384 $53,800 $3,700 $50,100
2016 $2,384 $53,800 $3,700 $50,100
2015 $2,280 $53,800 $3,700 $50,100
2014 $2,164 $53,800 $3,700 $50,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC100574

Bright MLS

APN: 26-027.30-494