NOT LISTED FOR SALE

1505 Forsythia Ave Wilmington, DE 19810

Estimated Value: $465,000 - $477,000

4 Beds
2.5 Baths
2,400 Sq Ft
$196/Sq Ft Est. Value

Last Sold October 21, 2021

Last sale price $278,000 $116 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,753/month

Highlights

  • Colonial Architecture
  • No HOA
  • 1 Car Direct Access Garage
  • Lancashire Elementary School Rated A-
  • Screened Porch
  • Living Room

About This Home

As of October 2021

4 bedroom/2.1 bathroom in The Timbers. Close to major roads, shopping and restaurants. Original owner. Great space, big, flat back yard. Carpets have been removed upstairs to show nice hardwoods. HVAC is 2018. The house needs updating and roof but this will be a great place with a bit work. Seller providing a 2-10 home warranty for a year. Good bones and great location. Priced to sell and easy to show.

Last Agent to Sell the Property

Karen Burke

(302) 540-4071 kburke@psre.com Patterson-Schwartz-Hockessin Listed on: 09/09/2021

Patterson-Schwartz-Hockessin

Last Buyer's Agent

Vincet Garman

(610) 800-5255 vince.garman@compass.com Compass License #RS343299

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,869

Year Built

  • Built in 1964

Lot Details

  • 0.26 Acre Lot
  • Property is zoned NC10

Parking

  • 1 Car Direct Access Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • Family Room
  • Living Room
  • Dining Room
  • Screened Porch
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Schools

  • Lancashire Elementary School
  • Talley Middle School
  • Concord High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • The Timbers Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0603500006

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,869

Year Built

Built in 1964

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1964
  • Remarks Public: 4 bedroom/2.1 bathroom in The Timbers. Close to major roads, shopping and restaurants. Original owner. Great space, big, flat back yard. Carpets have been removed upstairs to show nice hardwoods. HVAC is 2018. The house needs updating and roof but this will be a great place with a bit work. Seller providing a 2-10 home warranty for a year. Good bones and great location. Priced to sell and easy to show.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Other
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Screened Porch
  • Basement: Yes
  • Basement Type: Unfinished
  • Living Area Units: Square Feet
  • Total Sq Ft: 3496
  • Living Area Sq Ft: 2400
  • Price Per Sq Ft: 124.96
  • Above Grade Finished Sq Ft: 2400
  • Below Grade Sq Ft: 1096
  • Total Below Grade Sq Ft: 1096
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1505

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
  • 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: Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% 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
  • Senior Community: No

Schools

  • School District: BRANDYWINE
  • Elementary School: LANCASHIRE
  • Middle School: TALLEY
  • High School: CONCORD
  • School District Key: 300200396892
  • School District Source: Listing Agent
  • Elementary School: LANCASHIRE
  • High School: CONCORD
  • Middle Or Junior School: TALLEY

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.26
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11326.00
  • Zoning: NC10
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 2226570
  • Tax Annual Amount: 2869.00
  • Assessor Parcel Number: 0603500006
  • Tax Year: 2021
  • Close Date: 10/21/2021

MLS Schools

  • School District Name: BRANDYWINE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Oct 21, 2021
Sold by
Slater Anne M and Dienno Kerry J
Bought by
Bradley Tyler
Seller's Agent
Karen Burke
Patterson-Schwartz-Hockessin
Buyer's Agent
Vincet Garman
Compass
List Price
$299,900
Sold Price
$278,000
Premium/Discount to List
-$21,900
-7.3%
Current Estimated Value
$470,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,695
Avg. Annual Appreciation
14.26%
Original Mortgage
$264,100
Outstanding Balance
$240,835
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$229,860
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
Bradley Tyler $222,400 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bradley Tyler $264,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2021 10/21/21 Sold $278,000 -7.3% $116 / Sq Ft
09/16/2021 09/16/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $299,900 -- $125 / 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 $3,086 $81,100 $15,200 $65,900
2023 $2,821 $81,100 $15,200 $65,900
2022 $2,869 $81,100 $15,200 $65,900
2021 $36 $81,100 $15,200 $65,900
2020 $0 $81,100 $15,200 $65,900
2019 $36 $75,500 $15,200 $60,300
2018 $36 $75,500 $15,200 $60,300
2017 $1,649 $75,500 $15,200 $60,300
2016 $1,649 $75,500 $15,200 $60,300
2015 $1,450 $75,500 $15,200 $60,300
2014 $1,448 $75,500 $15,200 $60,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2006772

Bright MLS

APN: 06-035.00-006