NOT LISTED FOR SALE

1507 River Rd Wilmington, DE 19809

Estimated Value: $335,000 - $407,341

3 Beds
1.5 Baths
1,675 Sq Ft
$228/Sq Ft Est. Value

Last Sold May 21, 2018

Last sale price $260,000 $155 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,265/month

27 Days on Market

Highlights

  • Water Oriented
  • 0.41 Acre Lot
  • 1 Fireplace
  • Pierre S. Dupont Middle School Rated A-
  • Colonial Architecture
  • No HOA

About This Home

As of May 2018

Two story center hall colonial located on a tree lined street. The home is situated on a great 0.41 acres lot. The recent updates include electrical panel, main electrical entry cable, heater and central air. New roof being installed within the next few weeks. The main level offers hardwood flooring, large living room with fireplace, for dining room, family room, powder room and kitchen. The upper level includes three well scaled bedrooms, and full bath. In the lower level is a rec room and storage area. This home is an excellent value in today's market. A great financing option would be a renovation type loan. The home is being sold in as-is where is condition. The seller will respond to all offers after 20 full days on the market.

Last Agent to Sell the Property

Robert Miller

Luke Real Estate License #RB-0020438 Listed on: 03/30/2018

Last Buyer's Agent

Cheryl August

Weichert Realtors Cornerstone License #RS299191

Weichert Realtors Cornerstone

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,513

Year Built

  • Built in 1940

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 110x164
  • Property is zoned NC15

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 1,675 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 1.5 Bathrooms

Basement

  • Partial Basement
  • Exterior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Water Oriented
  • Dock Against Bulkhead

Utilities

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

Community Details

  • No Home Owners Association
  • Bellevue Manor Subdivision

Listing and Financial Details

  • Tax Lot 163
  • Assessor Parcel Number 06-133.00-163

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,513

Year Built

Built in 1940

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
  • Year Built: 1940
  • Remarks Public: Two story center hall colonial located on a tree lined street. The home is situated on a great 0.41 acres lot. The recent updates include electrical panel, main electrical entry cable, heater and central air. New roof being installed within the next few weeks. The main level offers hardwood flooring, large living room with fireplace, for dining room, family room, powder room and kitchen. The upper level includes three well scaled bedrooms, and full bath. In the lower level is a rec room and storage area. This home is an excellent value in today's market. A great financing option would be a renovation type loan. The home is being sold in as-is where is condition. The seller will respond to all offers after 20 full days on the market.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room Count: 8
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Partial, Outside Entrance
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 1675
  • Living Area Sq Ft: 1675
  • Net Sq Ft: 1675.00
  • Price Per Sq Ft: 137.25
  • Above Grade Finished Sq Ft: 1675
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1507

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Dock Type: Against Bulkhead Only (Lateral)
  • Waterfront: No
  • Water Oriented: Yes
  • 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: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water
  • 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
  • School District Key: 300200396892

Lot Info

  • Improvement Assessed Value: 58300.00
  • Land Assessed Value: 17200.00
  • Lot Size Acres: 0.41
  • Lot Dimensions: 110X164
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17860.00
  • Zoning: NC15

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2245504
  • Tax Annual Amount: 2513.00
  • Assessor Parcel Number: 06-133.00-163
  • Tax Lot: 163
  • Tax Year: 2017
  • Close Date: 05/21/2018

MLS Schools

  • School District Name: BRANDYWINE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2018
Closed on
May 7, 2018
Sold by
U S Bank National Association
Bought by
Halladay David
Seller's Agent
Robert Miller
Luke Real Estate
Buyer's Agent
Cheryl August
Weichert Realtors Cornerstone
List Price
$229,900
Sold Price
$260,000
Premium/Discount to List
$30,100
13.09%
Total Days on Market
27
Current Estimated Value
$381,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,585
Avg. Annual Appreciation
5.88%
Original Mortgage
$255,290
Outstanding Balance
$222,149
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$166,289

Purchase Details

Closed on
Feb 27, 2018
Sold by
Louser Gregory B
Bought by
Us Bank National Association

Purchase Details

Closed on
Jul 31, 2009
Sold by
Lockhart Todd A and Lockhart Marylouise R
Bought by
Louder Gregory B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,294
Interest Rate
5.43%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 26, 2002
Sold by
Keister Donald C
Bought by
Lockhart Todd A and Lockhart Marylouise R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.85%
Source: Public Records

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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
Halladay David $260,000 Servicelink Llc
Us Bank National Association $329,994 None Available
Louder Gregory B $315,000 Lawyers Title Insurance Corp
Lockhart Todd A $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Halladay David $255,290
Previous Owner Louder Gregory B $309,294
Previous Owner Lockhart Todd A $280,000
Previous Owner Commerce Bank/Delaware Na $280,000
Previous Owner Lockhart Todd A $25,000
Previous Owner Lockhart Todd A $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2018 05/21/18 Sold $260,000 +13.1% $155 / Sq Ft
04/26/2018 04/26/18 Pending -- -- --
03/30/2018 03/30/18 For Sale $229,900 -- $137 / 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 $2,873 $75,500 $17,200 $58,300
2023 $2,626 $75,500 $17,200 $58,300
2022 $2,671 $75,500 $17,200 $58,300
2021 $2,671 $75,500 $17,200 $58,300
2020 $2,671 $75,500 $17,200 $58,300
2019 $2,744 $75,500 $17,200 $58,300
2018 $2,553 $75,500 $17,200 $58,300
2017 $2,513 $75,500 $17,200 $58,300
2016 $2,512 $75,500 $17,200 $58,300
2015 $2,311 $75,500 $17,200 $58,300
2014 $2,309 $75,500 $17,200 $58,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000326162

Bright MLS

APN: 06-133.00-163