$420,000
SOLD MAY 6, 2025

1522 W 7th St Wilmington, DE 19805

-- Bed
-- Bath
4,400 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$95 Per Sq Ft

5% Above List Price

6 Days on Market

Highlights

  • Colonial Architecture
  • 90% Forced Air Heating System
  • 4-minute walk to William Judy Johnson Memorial Park

About This Home

As of May 2025

Welcome home to this great Twin Triplex located right across the street from St. Francis Hospital in Wilmington. This property could be a great addition to your Real Estate portfolio. Each unit has 2 bedrooms and one bath. All tenants are long term tenants with strong rental history. All tenants are on a month to month lease. The current rent for 1st floor is $1,350, 2nd floor is $1,150 and 3rd floor is $1,225. Rents could be higher, seller just never raised rents. Tenants pay all utilities except water. Property is an estate sale and being sold "As is." Please call listing agent for additional information or problems with showings.

Last Agent to Sell the Property

Cynthia Shareef

Tesla Realty Group, LLC Listed on: 03/18/2025

Tesla Realty Group, LLC

Last Buyer's Agent

Vincet Garman

Compass License #RS343299

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,847

Year Built

  • Built in 1915

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25.00 x 128.00

Parking

  • On-Street Parking

Home Design

  • 4,400 Sq Ft Home
  • Triplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation

Utilities

  • 90% Forced Air Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 316
  • Assessor Parcel Number 26-027.10-316

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,847

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Automatically Close On Close Date: Yes
  • Remarks Public: Welcome home to this great Twin Triplex located right across the street from St. Francis Hospital in Wilmington. This property could be a great addition to your Real Estate portfolio. Each unit has 2 bedrooms and one bath. All tenants are long term tenants with strong rental history. All tenants are on a month to month lease. The current rent for 1st floor is $1,350, 2nd floor is $1,150 and 3rd floor is $1,225. Rents could be higher, seller just never raised rents. Tenants pay all utilities except water. Property is an estate sale and being sold "As is." Please call listing agent for additional information or problems with showings.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Total Sq Ft: 4400
  • Living Area Sq Ft: 4400
  • Price Per Sq Ft: 90.89
  • Above Grade Finished Sq Ft: 4400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1522

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: No
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: RED CLAY CONSOLIDATED
  • School District Key: 300200396545
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 25.00 x 128.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Year Assessed: 2024
  • Zoning: 26R-3
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2023.00
  • Tax Annual Amount: 3847.00
  • Assessor Parcel Number: 26-027.10-316
  • Tax Lot: 316
  • Tax Total Finished Sq Ft: 4400
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 05/06/2025

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2002
Sold by
Millie Palladinetti Millie and Millie Pallidinetti
Bought by
Black Winston and Black Almira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
7.25%
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed $145,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $104,275 New Conventional
Open $197,000 Credit Line Revolving
Closed $116,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2025 05/06/25 Sold $420,000 +5.0% $95 / Sq Ft
03/24/2025 03/24/25 Pending -- -- --
03/18/2025 03/18/25 For Sale $399,900 -- $91 / 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 $2,375 $76,100 $6,700 $69,400
2023 $2,064 $76,100 $6,700 $69,400
2022 $2,073 $76,100 $6,700 $69,400
2021 $2,070 $76,100 $6,700 $69,400
2020 $2,081 $76,100 $6,700 $69,400
2019 $3,611 $76,100 $6,700 $69,400
2018 $2,072 $76,100 $6,700 $69,400
2017 $2,068 $76,100 $6,700 $69,400
2016 $1,960 $76,100 $6,700 $69,400
2015 $3,225 $76,100 $6,700 $69,400
2014 $3,061 $76,100 $6,700 $69,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2077910

Bright MLS

APN: 26-027.10-316