$45,000
SOLD JUL 1, 2015

1502 W 5th St Wilmington, DE 19805

3 Beds
1.5 Baths
1,750 Sq Ft
1,742 Sq Ft Lot

Recently Sold

$26 Per Sq Ft

52% Below List Price

196 Days on Market

Highlights

  • Traditional Architecture
  • 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 July 2019

This is a Department of Housing and Urban Development property Case number 071-101329, Home is being sold "AS IS", Property is (UI)UNINSURED for FHA financing in its "as-is" condition. FHA 203K AND 203K STREAMLINE ARE AVAILABLE FOR THIS PROPERTY. All offers will need to include a Lenders written letter or proof of funds, which include the case # & address. All lenders should be willing to lend on an "AS-IS" condition. The utilities are off so please use caution. Buyers representative will need to be present for all showings & inspections. All property information including "property condition report" are available on the web. If the plumbing failed the pressure test, the water will not be allowed to be turned on for insp. Municipalities requiring Use & Occupancy are at buyers expense. Buyers representative to obtain City Certs. Transaction will need to close within 45 days for Owner Occupants and 30 days for Investors. Equal Housing Opportunity Property. Selling broker must have an NAID #. Owner occupant bids only the first 15 days. Investors can bid on the 16th day

Last Agent to Sell the Property

Richard Marcus

Partners Realty LLC License #RB-0002005

Last Buyer's Agent

Joseph Hurley

Pantano Real Estate Inc License #RS-0018346

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2005

Lot Details

  • 1,742 Sq Ft Lot
  • Back and Front Yard
  • Property is in good condition

Parking

  • 1 Car Attached Garage
  • 1 Open Parking Space

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,750 Sq Ft Home
  • Property has 3 Levels
  • Family Room
  • Living Room
  • Dining Room
  • Eat-In Kitchen

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on lower level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Wilm #23 Subdivision

Listing and Financial Details

  • Tax Lot 497
  • Assessor Parcel Number 26-027.30-497

Townhouse Details

Home Type

Townhome

Year Built

Built in 2005

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 2005
  • Remarks Public: This is a Department of Housing and Urban Development property Case number 071-101329, Home is being sold "AS IS", Property is (UI)UNINSURED for FHA financing in its "as-is" condition. FHA 203K AND 203K STREAMLINE ARE AVAILABLE FOR THIS PROPERTY. All offers will need to include a Lenders written letter or proof of funds, which include the case # & address. All lenders should be willing to lend on an "AS-IS" condition. The utilities are off so please use caution. Buyers representative will need to be present for all showings & inspections. All property information including "property condition report" are available on the web. If the plumbing failed the pressure test, the water will not be allowed to be turned on for insp. Municipalities requiring Use & Occupancy are at buyers expense. Buyers representative to obtain City Certs. Transaction will need to close within 45 days for Owner Occupants and 30 days for Investors. Equal Housing Opportunity Property. Selling broker must have an NAID #. Owner occupant bids only the first 15 days. Investors can bid on the 16th day
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Laundry
  • Basement: No
  • Laundry Type: Lower Floor
  • Total Sq Ft: 1750
  • Living Area Sq Ft: 1750
  • Net Sq Ft: 1750.00
  • Price Per Sq Ft: 54.00
  • Above Grade Finished Sq Ft: 1750
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1502

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • 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
  • Open Parking Spaces Count: 1
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, 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

Schools

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

Lot Info

  • Improvement Assessed Value: 50200.00
  • Land Assessed Value: 3500.00
  • Lot Features: Front Yard, Rear Yard
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Property Condition: Good
  • Zoning: 26R-3

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4677040
  • Tax Annual Amount: 2160.00
  • Assessor Parcel Number: 26-027.30-497
  • Tax Lot: 497
  • Tax Year: 2014
  • Close Date: 07/01/2015

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2019
Closed on
Jul 26, 2019
Sold by
Dehart Justin M and Allebach Brittany E
Bought by
Hundeman Robert
Seller's Agent
Ryan Dill
Patterson-Schwartz-Hockessin
Buyer's Agent
Marissa Binkley
Compass
List Price
$129,900
Sold Price
$131,000
Premium/Discount to List
$1,100
0.85%
Total Days on Market
196
Current Estimated Value
$228,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,928
Avg. Annual Appreciation
10.45%
Original Mortgage
$128,627
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
May 4, 2017
Closed on
Jun 23, 2017
Sold by
Hurley Joseph P
Bought by
Dehart Justin M and Allebach Brittany E
Seller's Agent
Joseph Hurley
Pantano Real Estate Inc
Buyer's Agent
Ryan Dill
Patterson-Schwartz-Hockessin
List Price
$109,900
Sold Price
$109,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.72%
Original Mortgage
$8,000
Interest Rate
3.95%
Mortgage Type
Unknown

Purchase Details

Listed on
Nov 13, 2014
Closed on
Jun 22, 2015
Sold by
Secretary Of Housing & Urban Development
Bought by
Hurley Joseph P
Seller's Agent
Richard Marcus
Partners Realty LLC
Buyer's Agent
Joseph Hurley
Pantano Real Estate Inc
List Price
$94,500
Sold Price
$45,000
Premium/Discount to List
-$49,500
-52.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.98%

Purchase Details

Closed on
Jul 16, 2014
Sold by
Jpmorgan Chase Bank Na
Bought by
Us Secretary Of Hud

Purchase Details

Closed on
Apr 28, 2006
Sold by
Cornerstone West Cmnty Development Corp
Bought by
Alvarez Nelson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,321
Interest Rate
6.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 30, 2004
Sold by
City Of Wilmington
Bought by
Wilmington Housing Partnership Corp

Purchase Details

Closed on
Jan 28, 2002
Sold by
Yeow Chin C
Bought by
City Of Wilmington

Map

Range of Values:

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Average Value
Not Available
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 -- None Available
Deed $109,900 None Available
Special Warranty Deed -- None Available
Deed -- None Available
Deed -- None Available
Deed -- --
Sheriffs Deed $1,700 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $895,000 FHA
Closed $6,397 FHA
Closed $128,627 FHA
Previous Owner $8,000 Unknown
Previous Owner $107,908 FHA
Previous Owner $6,321 Unknown
Previous Owner $138,902 FHA
Previous Owner $810,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2019 07/29/19 Sold $131,000 -1.9% $75 / Sq Ft
06/11/2019 06/11/19 Pending -- -- --
05/06/2019 05/06/19 Price Changed $133,500 +2.8% $76 / Sq Ft
05/06/2019 05/06/19 For Sale $129,900 0.0% $74 / Sq Ft
02/27/2019 02/27/19 For Sale $129,900 0.0% $74 / Sq Ft
02/26/2019 02/26/19 Pending -- -- --
02/25/2019 02/25/19 Pending -- -- --
02/21/2019 02/21/19 For Sale $129,900 +18.2% $74 / Sq Ft
06/23/2017 06/23/17 Sold $109,900 0.0% $63 / Sq Ft
05/25/2017 05/25/17 Pending -- -- --
05/04/2017 05/04/17 For Sale $109,900 +144.2% $63 / Sq Ft
07/01/2015 07/01/15 Sold $45,000 -52.4% $26 / Sq Ft
05/28/2015 05/28/15 Pending -- -- --
04/16/2015 04/16/15 For Sale $94,500 +110.0% $54 / Sq Ft
04/13/2015 04/13/15 Off Market $45,000 -- --
03/17/2015 03/17/15 Price Changed $94,500 -6.3% $54 / Sq Ft
02/13/2015 02/13/15 Price Changed $100,800 -9.1% $58 / Sq Ft
12/30/2014 12/30/14 Price Changed $110,880 -12.0% $63 / Sq Ft
11/13/2014 11/13/14 For Sale $126,000 -- $72 / Sq Ft
Source: Bright MLS

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 $1,676 $53,700 $3,500 $50,200
2023 $1,456 $53,700 $3,500 $50,200
2022 $1,463 $53,700 $3,500 $50,200
2021 $1,461 $53,700 $3,500 $50,200
2020 $1,469 $53,700 $3,500 $50,200
2019 $1,071 $53,700 $3,500 $50,200
2018 $946 $53,700 $3,500 $50,200
2017 $2,379 $53,700 $3,500 $50,200
2016 $2,379 $53,700 $3,500 $50,200
2015 $1,279 $53,700 $3,500 $50,200
2014 $996 $53,700 $3,500 $50,200
Source: Public Records

Source: Bright MLS

MLS Number: 1003151252

Bright MLS

APN: 26-027.30-497