NOT LISTED FOR SALE

Estimated Value: $218,000 - $248,000

3 Beds
2 Baths
1,075 Sq Ft
$219/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $204,500 $190 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,419/month

7 Days on Market

Highlights

  • No HOA
  • Central Air
  • Heating Available

About This Home

As of February 2022

Welcome to 1518 W Latimer Place! Quality describes this meticulously maintained 3 bedroom, 2 full bathroom home in the popular Cleland Heights neighborhood and within the sought after Red Clay school district. Location is everything, and this home is conveniently located near the City of Wilmington, The Riverfront, Market Street, Trolley Square, Little Italy, I-95, I-495, popular dining on Union Street, and more! You will immediately be greeted by the curb appeal of this stately brick townhouse. Continue your tour inside where you will find the living room featuring hardwood floors. Continue into the dining room and kitchen, which features plenty of quality cabinets, name brand appliances, and granite countertops. On the upper level you will find 3 bedrooms with plenty of closet space and a full bathroom. The partially finished basement provides you with space for an additional family room and/or home gym room and features a second full bathroom. Continue into the unfinished part of the basement, which includes the laundry area and plenty of storage. Outside is your secluded and fully fenced in backyard that would be perfect for relaxing or entertaining. If you are looking for a spacious home with the ability to entertain for any occasion, this is the home for you. This home has upgrades to a lot of major components throughout the house, including the roof & HVAC system that were both replaced in 2020. The only thing left for you to do is move in!

Last Agent to Sell the Property

Corey Harris

Crown Homes Real Estate License #RS-368137 Listed on: 11/20/2021

Last Buyer's Agent

Tionna Smalls

Empower Real Estate, LLC

Empower Real Estate, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,253

Year Built

  • Built in 1952

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 18.30 x 80.00

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,075 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Cleland Heights Subdivision

Listing and Financial Details

  • Tax Lot 310
  • Assessor Parcel Number 07-039.20-310

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,253

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-11-20
  • Year Built: 1952
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 1518 W Latimer Place! Quality describes this meticulously maintained 3 bedroom, 2 full bathroom home in the popular Cleland Heights neighborhood and within the sought after Red Clay school district. Location is everything, and this home is conveniently located near the City of Wilmington, The Riverfront, Market Street, Trolley Square, Little Italy, I-95, I-495, popular dining on Union Street, and more! You will immediately be greeted by the curb appeal of this stately brick townhouse. Continue your tour inside where you will find the living room featuring hardwood floors. Continue into the dining room and kitchen, which features plenty of quality cabinets, name brand appliances, and granite countertops. On the upper level you will find 3 bedrooms with plenty of closet space and a full bathroom. The partially finished basement provides you with space for an additional family room and/or home gym room and features a second full bathroom. Continue into the unfinished part of the basement, which includes the laundry area and plenty of storage. Outside is your secluded and fully fenced in backyard that would be perfect for relaxing or entertaining. If you are looking for a spacious home with the ability to entertain for any occasion, this is the home for you. This home has upgrades to a lot of major components throughout the house, including the roof & HVAC system that were both replaced in 2020. The only thing left for you to do is move in!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Foundation Details: Other
  • Levels Count: 2
  • Room Count: 6
  • Basement: No
  • Total Sq Ft: 1075
  • Living Area Sq Ft: 1075
  • Price Per Sq Ft: 195.35
  • Above Grade Finished Sq Ft: 1075
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1518

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full 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: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating: Yes
  • 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: RED CLAY CONSOLIDATED
  • School District Key: 300200396545
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 32900.00
  • Land Assessed Value: 5100.00
  • Lot Size Acres: 0.03
  • Lot Dimensions: 18.30 x 80.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Year Assessed: 2021
  • Zoning: NCTH
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2257350
  • School Tax: 938.00
  • Tax Annual Amount: 1253.00
  • Assessor Parcel Number: 07-039.20-310
  • Tax Lot: 310
  • Tax Total Finished Sq Ft: 1075
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 02/28/2022

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2021
Closed on
Jan 28, 2022
Sold by
Handy-Hayes Rachel E
Bought by
Smith Kaisha K
Seller's Agent
Corey Harris
Crown Homes Real Estate
Buyer's Agent
Tionna Smalls
Empower Real Estate, LLC
List Price
$199,000
Sold Price
$204,500
Premium/Discount to List
$5,500
2.76%
Current Estimated Value
$235,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,716
Avg. Annual Appreciation
2.77%
Original Mortgage
$196,341
Outstanding Balance
$184,314
Interest Rate
3.69%
Mortgage Type
FHA
Estimated Equity
$39,769

Purchase Details

Closed on
Dec 4, 2019
Sold by
Handy Rachel E and Handy Hayes Rachel E
Bought by
Handy Hayes Rachel E and Hayes David W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,650
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 19, 2014
Closed on
Feb 20, 2015
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Mccloskey Geoffrey and Mccloskey Dana
Seller's Agent
Theresa Wilson
Patterson-Schwartz-Hockessin
Buyer's Agent
Andy Mulrine
RE/MAX Associates-Hockessin
List Price
$104,900
Sold Price
$77,000
Premium/Discount to List
-$27,900
-26.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.84%

Purchase Details

Closed on
Apr 30, 2014
Sold by
Gillespie Herbert and Nicholson Donald
Bought by
Wilmington Savings Fund Society Fsb

Purchase Details

Closed on
Apr 30, 2008
Sold by
Mulrooney Keith and Mulrooney Holly
Bought by
Gillespie Herbert and Nicholson Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 2003
Sold by
Donovan Barbara L
Bought by
Mulrooney Keith P and Mulrooney Holly L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,900
Interest Rate
6.09%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Smith Kaisha K $204,500 Wolfe & Associates Llc
Handy Hayes Rachel E -- None Available
Mccloskey Geoffrey $77,000 None Available
Wilmington Savings Fund Society Fsb -- None Available
Gillespie Herbert $132,000 Landamerica Lawyers Title
Mulrooney Keith P $102,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Kaisha K $196,341
Previous Owner Handy Hayes Rachel E $123,650
Previous Owner Gillespie Herbert $120,000
Previous Owner Mulrooney Keith P $29,600
Previous Owner Mulrooney Keith P $98,900
Closed Mulrooney Keith P $1,159
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $204,500 -2.6% $190 / Sq Ft
11/29/2021 11/29/21 Price Changed $210,000 +5.5% $195 / Sq Ft
11/28/2021 11/28/21 Pending -- -- --
11/20/2021 11/20/21 For Sale $199,000 +53.1% $185 / Sq Ft
08/25/2015 08/25/15 Sold $130,000 -9.0% $121 / Sq Ft
07/11/2015 07/11/15 Pending -- -- --
06/17/2015 06/17/15 For Sale $142,900 +85.6% $133 / Sq Ft
02/20/2015 02/20/15 Sold $77,000 -14.4% $72 / Sq Ft
02/04/2015 02/04/15 Pending -- -- --
01/28/2015 01/28/15 Price Changed $90,000 -9.9% $84 / Sq Ft
08/13/2014 08/13/14 Price Changed $99,900 -4.8% $93 / Sq Ft
05/19/2014 05/19/14 For Sale $104,900 -- $98 / 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 $1,441 $38,000 $5,100 $32,900
2023 $1,276 $38,000 $5,100 $32,900
2022 $1,284 $38,000 $5,100 $32,900
2021 $1,283 $38,000 $5,100 $32,900
2020 $1,287 $38,000 $5,100 $32,900
2019 $1,374 $38,000 $5,100 $32,900
2018 $57 $38,000 $5,100 $32,900
2017 $1,189 $38,000 $5,100 $32,900
2016 $1,189 $38,000 $5,100 $32,900
2015 -- $38,000 $5,100 $32,900
2014 -- $38,000 $5,100 $32,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DENC2010630

Bright MLS

APN: 07-039.20-310