1518 W Latimer Place Wilmington, DE 19805
Ashley Neighborhood
3
Beds
1
Bath
1,075
Sq Ft
1,307
Sq Ft Lot
Highlights
- Colonial Architecture
- No HOA
- En-Suite Primary Bedroom
- Wood Flooring
- Living Room
- Forced Air Heating and Cooling System
About This Home
As of February 2022Enjoy the convenience of City living without the City Wage Tax. Close to Downtown Wilmington and public transportation. A little elbow grease and TLC will make this Cleland Heights townhouse shine. Hardwood floors throughout. Kitchen with access to fenced rear yard. Full basement with walk-out. This property is bank owned and is being sold as-is. Bank has completed inspections and they are available online for buyer review. Inspections are for information only. Seller will provide bank addendum upon completion of negotiations.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $994
Year Built
- Built in 1952
Lot Details
- 1,307 Sq Ft Lot
- Lot Dimensions are 18x80
- Back Yard
- Property is in below average condition
Parking
- On-Street Parking
Home Design
- Colonial Architecture
- Flat Roof Shape
- Brick Exterior Construction
Interior Spaces
- 1,075 Sq Ft Home
- Property has 2 Levels
- Living Room
- Dining Room
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
- 1 Full Bathroom
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Cleland Heights Subdivision
Listing and Financial Details
- Assessor Parcel Number 07-039.20-310
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
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%
Similar Homes in Wilmington, DE
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $204,500 | Wolfe & Associates Llc | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $77,000 | None Available | |
| Deed | -- | None Available | |
| Deed | $132,000 | Landamerica Lawyers Title | |
| Deed | $102,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $196,341 | FHA | |
| Previous Owner | $123,650 | New Conventional | |
| Previous Owner | $120,000 | Purchase Money Mortgage | |
| Previous Owner | $29,600 | Credit Line Revolving | |
| Previous Owner | $98,900 | No Value Available | |
| Closed | $1,159 | No Value Available |
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
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
-
Corey Harris
Seller's Agent in 2022
Corey Harris
Crown Homes Real Estate
(302) 729-2881
17 in this area
481 Total Sales
-
Tionna Smalls
Buyer's Agent in 2022
Tionna Smalls
Empower Real Estate, LLC
(347) 770-7373
1 in this area
23 Total Sales
-
Andy Mulrine
Seller's Agent in 2015
Andy Mulrine
RE/MAX
(302) 547-7139
10 in this area
229 Total Sales
-
Theresa Wilson
Seller's Agent in 2015
Theresa Wilson
Patterson Schwartz
(302) 234-5233
16 Total Sales
-
L
Buyer's Agent in 2015
LEXIE HASHIMOTO
Patterson Schwartz
Map
Source: Bright MLS
MLS Number: 1002933356
APN: 07-039.20-310
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