Seller's Agent in 2023
Joseph Hurley
Pantano Real Estate Inc
(302) 740-5524
11 in this area
282 Total Sales
1600 W 4th St Wilmington, DE 19805
Westside Neighborhood
--
Bed
--
Bath
1,750
Sq Ft
1,742
Sq Ft Lot
Highlights
- No HOA
- 1 Car Detached Garage
- Hot Water Heating System
- Dupont (H.B.) Middle School Rated A
- En-Suite Primary Bedroom
- 1-minute walk to William Judy Johnson Memorial Park
About This Home
As of December 2023Legal multi-family located on main arterial pathway into the City of Wilmington. Convenient to public transportation and the local hot spots of Little Italy and Union St., this 2 unit property is perfect for the home owner seeking to subsidize their mortgage payment or for the investor after a cash generating property. Main floor unit offers 3 bedrooms and is rented for $775 a month. Upstairs unit offers 2 bedrooms and it has just been freshly cosmetically renovated and is rented for $775 a month. All mechanicals are brand new to include Hot Water Tanks, 2 brand new boilers, updated electric, plumbing and more. Oversized detached garage included and could be renovated for storage or for possible additional rental income as new owner desires. Take a look and run the numbers, this property offers excellent potential and would make a solid addition to the seasoned investors portfolio or be an excellent starter for the aspiring landlord.
Last Agent to Sell the Property
Pantano Real Estate Inc License #RS-0018346 Listed on: 12/21/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $810
Year Built
- Built in 1880
Lot Details
- 1,742 Sq Ft Lot
- Lot Dimensions are 16x100
- Property is in good condition
Parking
- 1 Car Detached Garage
- On-Street Parking
Home Design
- Duplex
- Flat Roof Shape
- Brick Exterior Construction
- Stone Foundation
Interior Spaces
- En-Suite Primary Bedroom
- 1,750 Sq Ft Home
- Replacement Windows
- Vinyl Flooring
Unfinished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Utilities
- Radiator
- Hot Water Heating System
- 100 Amp Service
- Electric Water Heater
Listing and Financial Details
- Tax Lot 057
- Assessor Parcel Number 26-027.30-057
Community Details
Overview
- No Home Owners Association
- Wilm #23 Subdivision
Amenities
- Laundry Facilities
Building Details
- Electric Expense $250
- Insurance Expense $600
- Maintenance Expense $1,000
- Operating Expense $3,860
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 15, 2023
Closed on
Dec 15, 2023
Sold by
S & G Global Investments Llc
Bought by
Nas Homes Llc
Seller's Agent
Joseph Hurley
Pantano Real Estate Inc
Buyer's Agent
Joseph Hurley
Pantano Real Estate Inc
List Price
$175,000
Sold Price
$145,000
Premium/Discount to List
-$30,000
-17.14%
Total Days on Market
360
Views
151
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
$33,500
Avg. Annual Appreciation
10.78%
Original Mortgage
$750,000
Outstanding Balance
$740,278
Interest Rate
7.29%
Mortgage Type
Construction
Estimated Equity
-$568,778
Purchase Details
Listed on
Jan 30, 2022
Closed on
Mar 11, 2022
Sold by
Qiang Li Dong
Bought by
S & G Global Investments Llc
Seller's Agent
Ed Lucus
ELM Properties
Buyer's Agent
Joseph Hurley
Pantano Real Estate Inc
List Price
$99,900
Sold Price
$83,600
Premium/Discount to List
-$16,300
-16.32%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.48%
Original Mortgage
$45,000
Interest Rate
3.09%
Mortgage Type
Construction
Purchase Details
Listed on
Dec 21, 2016
Closed on
Dec 15, 2017
Sold by
One Pie Holdings Llc
Bought by
Li Dong Hua and Li Dong Qiang
Seller's Agent
Joseph Hurley
Pantano Real Estate Inc
Buyer's Agent
Renee Spruiel
RE/MAX Associates-Wilmington
List Price
$59,900
Sold Price
$55,000
Premium/Discount to List
-$4,900
-8.18%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.30%
Purchase Details
Closed on
Nov 22, 2010
Sold by
Chin A Loy Colin and Baronsky Patrick
Bought by
One Pie Holdings Llc
Purchase Details
Closed on
Jun 20, 2006
Sold by
Young Charles A and Young Diane M
Bought by
Chin A Loy Colin and Baronsky Patrick
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage
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 | $145,000 | None Listed On Document | |
| Deed | $83,600 | James P Curran Jr Pc | |
| Deed | -- | None Available | |
| Sheriffs Deed | $20,000 | None Available | |
| Deed | $85,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $195,000 | New Conventional | |
| Open | $750,000 | Construction | |
| Previous Owner | $77,000 | New Conventional | |
| Previous Owner | $45,000 | Construction | |
| Previous Owner | $370,000 | Commercial | |
| Previous Owner | $82,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/15/2023 12/15/23 | Sold | $145,000 | -17.1% | $83 / Sq Ft |
| 08/15/2023 08/15/23 | For Sale | $175,000 | +109.3% | $100 / Sq Ft |
| 03/25/2022 03/25/22 | Sold | $83,600 | -16.3% | $48 / Sq Ft |
| 03/18/2022 03/18/22 | Price Changed | $99,900 | 0.0% | $57 / Sq Ft |
| 03/12/2022 03/12/22 | Price Changed | $99,900 | 0.0% | $57 / Sq Ft |
| 02/07/2022 02/07/22 | Pending | -- | -- | -- |
| 01/30/2022 01/30/22 | For Sale | $99,900 | +81.6% | $57 / Sq Ft |
| 12/18/2017 12/18/17 | Sold | $55,000 | -8.2% | $31 / Sq Ft |
| 08/07/2017 08/07/17 | For Sale | $59,900 | 0.0% | $34 / Sq Ft |
| 05/08/2017 05/08/17 | Price Changed | $59,900 | -7.7% | $34 / Sq Ft |
| 03/21/2017 03/21/17 | Price Changed | $64,900 | -35.0% | $37 / Sq Ft |
| 12/21/2016 12/21/16 | For Sale | $99,900 | -- | $57 / 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 | $568 | $18,200 | $2,700 | $15,500 |
| 2023 | $338 | $18,200 | $2,700 | $15,500 |
| 2022 | $496 | $18,200 | $2,700 | $15,500 |
| 2021 | $495 | $18,200 | $2,700 | $15,500 |
| 2020 | $498 | $18,200 | $2,700 | $15,500 |
| 2019 | $864 | $18,200 | $2,700 | $15,500 |
| 2018 | $3,010 | $18,200 | $2,700 | $15,500 |
| 2017 | $806 | $18,200 | $2,700 | $15,500 |
| 2016 | $806 | $18,200 | $2,700 | $15,500 |
| 2015 | $771 | $18,200 | $2,700 | $15,500 |
| 2014 | $732 | $18,200 | $2,700 | $15,500 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller's Agent in 2022
Ed Lucus
ELM Properties
(302) 299-2451
2 in this area
17 Total Sales
-
Buyer's Agent in 2017
Renee Spruiel
RE/MAX
(302) 559-5402
98 Total Sales
Map
Source: Bright MLS
MLS Number: 1000322429
APN: 26-027.30-057
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