NOT LISTED FOR SALE

1503 Forsythia Ave Wilmington, DE 19810

Estimated Value: $438,000 - $524,000

4 Beds
2.5 Baths
2,125 Sq Ft
$224/Sq Ft Est. Value

Last Sold February 09, 2024

Last sale price $415,000 $195 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,780/month

64 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Living Room
  • Lancashire Elementary School Rated A-
  • 1 Car Attached Garage
  • Laundry Room

About This Home

As of February 2024

Welcome to The Timbers! With 4 bedrooms, 2 1/2 baths, this colonial is ready for its new owner! This home has a great layout! The formal living room has hardwood floors. The formal dining room also has hardwoods and sliders to a large deck and big back yard. The eat in kitchen has updated appliances and is in great shape. The family room has a wood burning fireplace. There is a first floor laundry room with cabinets, utility tub, half bath and big pantry area. The second floor has a large primary suite with a renovated private bathroom, sitting area and walk in closet. There is a hall bath and 3 additional bedrooms, which are all big with nice closet space. The bedrooms all have hardwood floors under the carpet. The full basement is ready to be finished and there is extra crawl space for storage. There is a one car attached garage. This home does need some updating and cosmetics, but is priced right. The roof is newer (2015), newer electric panel, replacement windows and vinyl siding. Gas heat and gas hot water are a plus. One year AHS home warranty included!! Great location, quiet street but close to everything!! Easy show and sell!!

Last Agent to Sell the Property

Christine Hallman

(610) 636-6800 chris@scottrealtygroup.com SCOTT REALTY GROUP Listed on: 11/15/2023

Last Buyer's Agent

Sebastian Brevart

(610) 714-1900 sebastiansellshomes@gmail.com RE/MAX Town & Country License #AB069195

RE/MAX Town & Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,759

Year Built

  • Built in 1963

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 80.00 x 165.90
  • Property is zoned NC10

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 3 Driveway Spaces
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,125 Sq Ft Home
  • Property has 3 Levels
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on main level

Utilities

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

Community Details

  • The Timbers Subdivision

Listing and Financial Details

  • Tax Lot 005
  • Assessor Parcel Number 06-035.00-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,759

Year Built

Built in 1963

Lot Details

0

HOA Fees

$4 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Washer, Dryer, Refrigerator all "as is" condition
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1963
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring Type: Ceramic Tile, Hardwood, Partially Carpeted
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Laundry, Bathroom 2, Primary Bathroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Total Sq Ft: 2125
  • Living Area Sq Ft: 2125
  • Price Per Sq Ft: 200.00
  • Above Grade Finished Sq Ft: 2125
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1503

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Roof: Architectural Shingle
  • Spa: 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
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, Attached Garage
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 50.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: BRANDYWINE
  • School District Key: 300200396892
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Lot Size Acres: 0.27
  • Lot Dimensions: 80.00 x 165.90
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11761.00
  • Year Assessed: 2022
  • Zoning: NC10
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 2116.00
  • Tax Annual Amount: 2759.00
  • Assessor Parcel Number: 06-035.00-005
  • Tax Lot: 005
  • Tax Total Finished Sq Ft: 2125
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 02/09/2024

MLS Schools

  • School District Name: BRANDYWINE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2023
Closed on
Feb 9, 2024
Sold by
Spare Paula C
Bought by
Vanduncan Reginald and Duncan Lori Michelle
Seller's Agent
Christine Hallman
SCOTT REALTY GROUP
Buyer's Agent
Sebastian Brevart
RE/MAX Town & Country
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%
Views
534
Current Estimated Value
$476,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,917
Avg. Annual Appreciation
8.79%

Purchase Details

Closed on
Dec 4, 2018
Sold by
Spare Jason E and Spare Paula C
Bought by
Spare Paula C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2000
Bought by
Spare Jason E and Spare Paula 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 Buyer Sale Price Title Company
Vanduncan Reginald -- None Listed On Document
Spare Paula C -- None Available
Spare Jason E $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spare Paula C $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2024 02/09/24 Sold $415,000 -2.4% $195 / Sq Ft
01/18/2024 01/18/24 Pending -- -- --
11/15/2023 11/15/23 For Sale $425,000 -- $200 / 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 $2,968 $78,000 $15,300 $62,700
2023 $2,713 $78,000 $15,300 $62,700
2022 $2,759 $78,000 $15,300 $62,700
2021 $2,759 $78,000 $15,300 $62,700
2020 $2,760 $78,000 $15,300 $62,700
2019 $3,064 $78,000 $15,300 $62,700
2018 $218 $78,000 $15,300 $62,700
2017 $2,595 $78,000 $15,300 $62,700
2016 $2,595 $78,000 $15,300 $62,700
2015 $2,387 $78,000 $15,300 $62,700
2014 $2,386 $78,000 $15,300 $62,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2052594

Bright MLS

APN: 06-035.00-005