NOT LISTED FOR SALE

1502 W 8th St Wilmington, DE 19806

Estimated Value: $172,000 - $294,000

3 Beds
1 Bath
1,400 Sq Ft
$159/Sq Ft Est. Value

Last Sold August 28, 2014

Last sale price $76,500 $55 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $1,336/month

16 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Living Room
  • Attic
  • Patio
  • 2-minute walk to Tilton Park

About This Home

As of August 2014

This is a Fannie Mae HomePath property approved for HomePath Renovation Financing. Purchase for as little as 5% down! No PMI! Home is located directly across from Rodney Street Reservoir, St. Francis Hospital and just a few blocks from the Hotspots of Little Italy, Union Street and Trolley Square. This home is in the middle of it all! Welcome to 1502 W 8th Street -- take in the excellent views of the Reservoir from the inviting, front open porch. Spacious living room leads to dining room, both with hardwood floors. Loads of old world charm makes this a place you'll want to call home. Decorative fireplace, beautiful open stair with fine millwork, and hardwood floors grace the first floor. Spacious, galley kitchen with eating area and space for future powder room creates a very useful space and leads to your private back yard. Upstairs are three very spacious bedrooms all with hardwood floors and ample closet space. Full basement with outside entrance houses important gas utilities and provides loads of storage space. Come and visit this place; you'll be sure to want to stay. Renovation type financing is an excellent funding solution for this home -- imagine sparkling, refinished hardwood floors, granite counters, and stainless steel appliances. That is possible with Renovation type financing. Do it your way; design and build it with your own flair! Ask listing broker for more information, and he will show you the path to your goal. Seller requires that offers be made via the homepath website.

Last Listed By

Paul Pantano

Pantano Real Estate Inc Listed on: 07/28/2014

Townhouse Details

Home Type

  • Townhome

Year Built

  • 1921

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 20x78

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 1,400 Sq Ft Home
  • Property has 2 Levels
  • Non-Functioning Fireplace
  • Replacement Windows
  • Living Room
  • Dining Room
  • Wood Flooring
  • Attic

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Unfinished Basement

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

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Heating System Uses Gas
  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 279
  • Assessor Parcel Number 26-027.10-279

Townhouse Details

Home Type

Townhome

Year Built

1921

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • Inclusions: Any Appliances Included As Is.
  • Story List: Upper 1
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1921

Interior Features

  • Appliances: Dishwasher
  • Flooring Type: Wood
  • Interior Amenities: Kitchen - Eat-In
  • Window Features: Replacement
  • Fireplace Features: Non-Functioning
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Living Room
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Master Bedroom, Bedroom 2, Kitchen, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance
  • Laundry Type: Basement
  • Total Sq Ft: 1400
  • Living Area Sq Ft: 1400
  • Net Sq Ft: 1400.00
  • Price Per Sq Ft: 54.64
  • Above Grade Finished Sq Ft: 1400
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks
  • Roof: Flat
  • Pool: No Pool

Garage/Parking

  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: RED CLAY CONSOLIDATED
  • Elementary School: WILLIAM C. LEWIS DUAL LANGUAGE
  • Middle School: ALEXIS I. DU PONT
  • High School: ALEXIS I. DUPONT
  • School District Key: 300200396545

Lot Info

  • Improvement Assessed Value: 27400.00
  • Land Assessed Value: 6200.00
  • Lot Features: Level
  • Lot Size Acres: 0.04
  • Lot Dimensions: 20X78
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Outdoor Living Structures: Patio(s)
  • Zoning: 26R-3

Tax Info

  • Assessor Parcel Number: 2403473
  • Tax Annual Amount: 1311.0
  • Assessor Parcel Number: 26-027.10-279
  • Tax Lot: 279

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2014
Closed on
Aug 27, 2014
Sold by
Fannie Mae
Bought by
Cox Tilquainta
Seller's Agent
Paul Pantano
Pantano Real Estate Inc
Buyer's Agent
Brandon Murray
Long & Foster Real Estate, Inc.
List Price
$76,500
Sold Price
$76,500
Total Days on Market
16
Current Estimated Value
$223,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,662
Avg. Annual Appreciation
11.17%
Original Mortgage
$78,000
Outstanding Balance
$60,526
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$178,282

Purchase Details

Closed on
Jun 1, 2005
Sold by
Strong Robert J and Elton Robin
Bought by
Rajevich Joseph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.12%
Mortgage Type
Fannie Mae Freddie Mac

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
Cox Tilquainta -- None Available
Rajevich Joseph M $100,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cox Tilquainta $78,000
Previous Owner Rajevich Joseph M $20,000
Previous Owner Rajevich Joseph M $148,000
Previous Owner Rajevich Joseph M $80,000
Previous Owner Rajevich Joseph M $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2014 08/28/14 Sold $76,500 0.0% $55 / Sq Ft
08/13/2014 08/13/14 Pending -- -- --
07/28/2014 07/28/14 For Sale $76,500 -- $55 / 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 $1,048 $33,600 $6,200 $27,400
2023 $911 $33,600 $6,200 $27,400
2022 $915 $33,600 $6,200 $27,400
2021 $3,127 $33,600 $6,200 $27,400
2020 $1,172 $33,600 $6,200 $27,400
2019 $1,594 $33,600 $6,200 $27,400
2018 $915 $33,600 $6,200 $27,400
2017 $913 $33,600 $6,200 $27,400
2016 $1,794 $33,600 $6,200 $27,400
2015 $1,424 $33,600 $6,200 $27,400
2014 $1,352 $33,600 $6,200 $27,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003026604

Bright MLS

APN: 26-027.10-279