NOT LISTED FOR SALE

1604 N Broom St Wilmington, DE 19806

Delaware Avenue Neighborhood

Estimated Value: $585,346 - $654,000

-- Bed
3 Baths
2,900 Sq Ft
$215/Sq Ft Est. Value

Last Sold August 23, 2019

Last sale price $390,000 $134 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,730/month

15 Days on Market

Highlights

  • No HOA
  • Hot Water Heating System
  • 4-minute walk to Conaty Park

About This Home

As of August 2019

This high end triplex is located in the heart of Trolley Square convenient to bars, restaurants and major highways for an easy commute. All of the units are currently rented making this a turn key investment. Tenants pay for electric. The landlord pays common area electric. heat and hot water and supplies a washer and dryer for the tenants to use in the basement. The basement also has individual storage area's for each tenant. This property has a great rental history and would make a great addition to anyone's portfolio.

Last Listed By

Christopher Nolte

Coldwell Banker Realty License #RA-0020574I Listed on: 06/05/2019

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,694

Year Built

  • Built in 1912

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 33.70 x 100.00
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • 2,900 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for common area maintenance, gas, heat, sewer, real estate taxes, water
  • Tax Lot 224
  • Assessor Parcel Number 26-020.20-224

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • 3-Story Building
  • Trolley Square Subdivision

Building Details

  • Operating Expense $8,551

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,694

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Exclusions: Tenants property
  • New Construction: No
  • Year Built: 1912
  • Special Features: None
  • Stories: 0

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2900
  • Living Area Sq Ft: 2900
  • Price Per Sq Ft: 137.90
  • Above Grade Finished Sq Ft: 2900
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1604

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: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 33.70 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3485.00
  • Property Condition: Good
  • Year Assessed: 2018
  • Zoning: 26R-2A
  • In City Limits: Yes

Rental Info

  • Owner Pays: Common Area Maintenance, Gas, Heat, Sewer, Taxes - Real Estate, Water
  • Total Actual Rent: 36900.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 2500.00
  • Tax Annual Amount: 4694.00
  • Assessor Parcel Number: 26-020.20-224
  • Tax Lot: 224
  • Tax Total Finished Sq Ft: 2900
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 08/23/2019

Multi Family

  • Operating Expense: 8551.41
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2023
Sold by
Oncay Jordan M and Oncay Amanda J
Bought by
Sipala Marissa and Rawding Michael J
Total Days on Market
15
Current Estimated Value
$622,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,875
Outstanding Balance
$447,586
Interest Rate
6.65%
Mortgage Type
FHA
Estimated Equity
$138,328

Purchase Details

Listed on
Jun 5, 2019
Closed on
Aug 23, 2019
Sold by
1604 N Broom Desert Llc
Bought by
Oncay Jordan M and Oncay Amanda J
Seller's Agent
Christopher Nolte
Coldwell Banker Realty
Buyer's Agent
Buzz Moran
Long & Foster Real Estate, Inc.
List Price
$399,900
Sold Price
$390,000
Premium/Discount to List
-$9,900
-2.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.34%
Original Mortgage
$382,936
Interest Rate
3.7%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 30, 2010
Sold by
Humphreys Timothy D and Humphreys Sandra Jordan
Bought by
1604 N Broom Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,387
Interest Rate
4.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2009
Sold by
Humphreys Timothy D and Humphreys Sandra Jordan
Bought by
1604 N Broom Street Llc

Purchase Details

Closed on
Jun 26, 2008
Sold by
Woloshin Melvyn A
Bought by
Humphreys Timothy D and Humphreys Sandra Jordan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,350
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 18, 2008
Sold by
1604 Broom Street Associates Llc
Bought by
Woloshin Melvyn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,350
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2004
Sold by
1604 Broom Street Partnership
Bought by
1604 Broom Street Associates Llc

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
Sipala Marissa -- None Listed On Document
Oncay Jordan M -- None Available
1604 N Broom Street Llc -- None Available
Humphreys Timothy D -- None Available
1604 N Broom Street Llc -- None Available
Humphreys Timothy D $360,500 None Available
Woloshin Melvyn A -- None Available
1604 Broom Street Associates Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sipala Marissa $457,875
Previous Owner Oncay Jordan M $382,936
Previous Owner Paul F Campanella Inc $1,634,000
Previous Owner Humphreys Timothy D $269,387
Previous Owner Humphreys Timothy D $270,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2019 08/23/19 Sold $390,000 0.0% $134 / Sq Ft
06/20/2019 06/20/19 Pending -- -- --
06/19/2019 06/19/19 Off Market $390,000 -- --
06/05/2019 06/05/19 For Sale $399,900 -- $138 / 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 $3,170 $101,600 $16,900 $84,700
2023 $2,755 $101,600 $16,900 $84,700
2022 $2,768 $101,600 $16,900 $84,700
2021 $2,763 $101,600 $16,900 $84,700
2020 $2,779 $101,600 $16,900 $84,700
2019 $2,027 $101,600 $16,900 $84,700
2018 $305 $101,600 $16,900 $84,700
2017 $4,502 $101,600 $16,900 $84,700
2016 $4,502 $101,600 $16,900 $84,700
2015 $4,305 $101,600 $16,900 $84,700
2014 $4,087 $101,600 $16,900 $84,700
Source: Public Records

Agents Affiliated with this Home

  • Christopher Nolte

    Seller's Agent in 2019

    Christopher Nolte

    Coldwell Banker Realty

    (302) 893-5893

    1 in this area

    192 Total Sales

    Christopher Nolte
    Section Image
  • Brent Applebaum

    Seller Co-Listing Agent in 2019

    Brent Applebaum

    Coldwell Banker Realty

    (302) 750-7677

    1 in this area

    186 Total Sales

    Brent Applebaum
    Section Image
  • Buzz Moran

    Buyer's Agent in 2019

    Buzz Moran

    Long & Foster

    (302) 740-6529

    11 in this area

    149 Total Sales

    Buzz Moran
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DENC480048

Bright MLS

APN: 26-020.20-224

Delaware New Castle County Wilmington 19806 Delaware Avenue

1604 N Broom St, Wilmington, DE

Homes for Sale in Wilmington, DE

This home is located at 1604 N Broom St, Wilmington, DE 19806 since 05 June 2019 and is currently estimated at $622,115, approximately $214 per square foot. This property was built in 1912. 1604 N Broom St is a home located in New Castle County with nearby schools including Lewis (William C.) Dual Language Elementary School, Skyline Middle School, and Alexis I. du Pont High School.

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