NOT LISTED FOR SALE

16 S Cannon Dr Wilmington, DE 19809

Estimated Value: $128,000 - $164,000

3 Beds
1 Bath
1,200 Sq Ft
$121/Sq Ft Est. Value

Last Sold August 19, 2019

Last sale price $45,000 $38 Per Sq Ft

Est. 222% increase in value since last sale

Current estimated payment $871/month

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating System
  • Pierre S. Dupont Middle School Rated A-

About This Home

As of August 2019

Great opportunity to purchase a rental property or someone looking for affordable living in Edgemoor Gardens. This 3 Bedroom, 1 Bath unit town home has lots of light with newer windows and spacious bedrooms, including plenty of closet space in the master bedroom. Downstairs living area features open floor plan adjacent kitchen with plenty of cabinet space. Efficient gas heat and newer hot water heater. Nice fenced back yard. Edgemoor Gardens is located just outside of Wilmington, and is easily accessible to downtown Wilmington, Interstate 95/495, Philadelphia, and local train stations. Income producing tenant occupied 3 bedroom 1 bath attached town home is rented for $950.00/month.

Last Agent to Sell the Property

Brian Doreste

Century 21 Emerald License #1433996 Listed on: 07/15/2019

Century 21 Emerald

Co-Listed By

Manoj Philip

Keller Williams Realty Wilmington License #RS-0019277

Last Buyer's Agent

Brian Doreste

Century 21 Emerald License #1433996 Listed on: 07/15/2019

Century 21 Emerald

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1940

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 22.70 x 85.00

Parking

  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Edgemoor Gardens Subdivision

Listing and Financial Details

  • Tax Lot 341
  • Assessor Parcel Number 06-146.00-341

Townhouse Details

Home Type

Townhome

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Upper 1
  • Year Built: 1940
  • Remarks Public: Great opportunity to purchase a rental property or someone looking for affordable living in Edgemoor Gardens. This 3 Bedroom, 1 Bath unit town home has lots of light with newer windows and spacious bedrooms, including plenty of closet space in the master bedroom. Downstairs living area features open floor plan adjacent kitchen with plenty of cabinet space. Efficient gas heat and newer hot water heater. Nice fenced back yard. Edgemoor Gardens is located just outside of Wilmington, and is easily accessible to downtown Wilmington, Interstate 95/495, Philadelphia, and local train stations. Income producing tenant occupied 3 bedroom 1 bath attached town home is rented for $950.00/month.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Price Per Sq Ft: 41.67
  • Above Grade Finished Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 16

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • 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: BRANDYWINE
  • School District Key: 300200396892
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Lot Size Acres: 0.04
  • Lot Dimensions: 22.70 x 85.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Year Assessed: 2018
  • Zoning: NCTH
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 646.00
  • Tax Annual Amount: 852.00
  • Assessor Parcel Number: 06-146.00-341
  • Tax Lot: 341
  • Tax Total Finished Sq Ft: 1200
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 08/19/2019

MLS Schools

  • School District Name: BRANDYWINE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2022
Sold by
Turnkey Investing Llc
Bought by
Glenross Investing Llc
Current Estimated Value
$144,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$138,253
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
-$11,168

Purchase Details

Listed on
Jul 15, 2019
Closed on
Aug 19, 2019
Sold by
Haavistola Paula
Bought by
Turnkey Investing Llc
Seller's Agent
Brian Doreste
Century 21 Emerald
Buyer's Agent
Brian Doreste
Century 21 Emerald
List Price
$50,000
Sold Price
$45,000
Premium/Discount to List
-$5,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.96%

Purchase Details

Closed on
Oct 1, 1981
Bought by
Haavistola Lauri K and Haavistola Paula
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Glenross Investing Llc -- None Listed On Document
Turnkey Investing Llc -- None Available
Haavistola Lauri K $22,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glenross Investing Llc $180,000
Previous Owner Turnkey Investing Llc $48,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2019 08/19/19 Sold $45,000 -10.0% $38 / Sq Ft
07/15/2019 07/15/19 Pending -- -- --
07/15/2019 07/15/19 For Sale $50,000 -- $42 / 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 $968 $24,800 $3,900 $20,900
2023 $887 $24,800 $3,900 $20,900
2022 $897 $24,800 $3,900 $20,900
2021 $897 $24,800 $3,900 $20,900
2020 $897 $24,800 $3,900 $20,900
2019 $386 $24,800 $3,900 $20,900
2018 $207 $24,800 $3,900 $20,900
2017 $843 $24,800 $3,900 $20,900
2016 $843 $24,800 $3,900 $20,900
2015 -- $24,800 $3,900 $20,900
2014 $777 $24,800 $3,900 $20,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC482598

Bright MLS

APN: 06-146.00-341