NOT LISTED FOR SALE

1605 Cherry St Wilmington, DE 19809

Estimated Value: $251,000 - $365,000

3 Beds
2 Baths
1,550 Sq Ft
$208/Sq Ft Est. Value

Last Sold October 16, 2017

Last sale price $145,000 $94 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $1,841/month

47 Days on Market

Highlights

  • Wood Flooring
  • Attic
  • Home Office
  • Pierre S. Dupont Middle School Rated A-
  • No HOA
  • 3 Car Detached Garage

About This Home

As of October 2017

INVESTORS and Handymen ALERT. Own a classic bungalow style home in the charming neighborhood of Holly Oak. This As-Is property build in 1930 has been owned by one family since 1950. 2-3 bedrooms, one bathroom, living room, dining room, kitchen and front porch with heat and full windows make up the first floor of this home. Beautiful solid oak flooring throughout and classic 5 panel mahogany doors with crystal nobs. All the rooms have interesting architectural features and great light. Good closet space and built-ins. The upper floor is set up as a charming apartment with both inside and outside access, a large bedroom, solid oak hardwood flooring, a full bathroom, kitchen, and a cedar closet. In the back of the house there are 3 garages (one single with opener)2 additional doors that open to one large garage and space for 2-4 additional cars. There is central air and a security system. Newer gas heater(2013) and storm doors, Auxillary gas heat on both the front and rear porch. Termite control has been regularly maintained since 2010. Holly Oak is a lovely neighborhood sitting high in Wilmington just off of Philadelphia Pike with a view of the Delaware river. This house has the good bones necessary to make it a wonderful home with a little love and TLC. It is being sold AS-IS with no inspections or warranties expressed or implied.

Last Agent to Sell the Property

MARGHERITA STITZ

(302) 351-5000 maggie@lnf.com Long & Foster Real Estate, Inc. Listed on: 07/19/2017

Long & Foster Real Estate, Inc.

Co-Listed By

Mike Porro

(302) 351-5000 maggie@lnf.com Long & Foster Real Estate, Inc. License #R1-0001780

Last Buyer's Agent

Carl Frampton

(302) 202-9855 ashley.hess@compass.com Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,816

Year Built

  • Built in 1930

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x146
  • East Facing Home
  • Level Lot
  • Property is zoned NC6.5

Parking

  • 3 Car Detached Garage
  • 3 Open Parking Spaces

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,550 Sq Ft Home
  • Property has 2 Levels
  • Brick Fireplace
  • Living Room
  • Dining Room
  • Home Office
  • Attic

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Laundry in Basement

Schools

  • Mount Pleasant Elementary School
  • Dupont Middle School
  • Mount Pleasant High School

Utilities

  • Central Air
  • Radiator
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Holly Oak Subdivision

Listing and Financial Details

  • Tax Lot 453
  • Assessor Parcel Number 06-106.00-453

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,816

Year Built

Built in 1930

Lot Details

7,405 Sq Ft Lot

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • Inclusions: All Appliances, All Fixtures, Fireplace Tools And Doors
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood, Vinyl
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1, Office, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 1550
  • Living Area Sq Ft: 1550
  • Net Sq Ft: 1550.00
  • Price Per Sq Ft: 95.42
  • Above Grade Finished Sq Ft: 1550
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding, Vinyl Siding, Brick
  • Access To Pool: No
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School: MOUNT PLEASANT
  • High School: MOUNT PLEASANT
  • Middle Or Junior School: DUPONT

Lot Info

  • Improvement Assessed Value: 44100.00
  • Land Assessed Value: 10500.00
  • Lot Features: Level
  • Lot Size Acres: 0.17
  • Lot Dimensions: 50X146
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7405.00
  • Outdoor Living Structures: Roof
  • Property Attached Yn: No
  • Zoning: NC6.5

Green Features

  • Green Remarks: There is no running water in the house at this time. DO NOT USE toilet or sinks.

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2242543
  • Tax Annual Amount: 1816.00
  • Assessor Parcel Number: 06-106.00-453
  • Tax Lot: 453
  • Tax Year: 2016

MLS Schools

  • School District Name: BRANDYWINE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2017
Closed on
Oct 16, 2017
Sold by
Jennings Joanne R and Estate Of Mildred L Riley
Bought by
Olsen Allison and Starke William
Seller's Agent
MARGHERITA STITZ
Long & Foster Real Estate, Inc.
Buyer's Agent
Carl Frampton
Compass
List Price
$147,900
Sold Price
$145,000
Premium/Discount to List
-$2,900
-1.96%
Current Estimated Value
$323,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,125
Avg. Annual Appreciation
10.00%
Original Mortgage
$140,650
Outstanding Balance
$117,356
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$205,769
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Olsen Allison -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olsen Allison $140,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2017 10/16/17 Sold $145,000 -2.0% $94 / Sq Ft
09/06/2017 09/06/17 For Sale $147,900 0.0% $95 / Sq Ft
09/04/2017 09/04/17 Pending -- -- --
08/07/2017 08/07/17 Price Changed $147,900 -3.3% $95 / Sq Ft
07/19/2017 07/19/17 For Sale $152,900 -- $99 / Sq Ft
Source: Bright MLS

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 $2,132 $54,600 $10,500 $44,100
2023 $1,953 $54,600 $10,500 $44,100
2022 $1,976 $54,600 $10,500 $44,100
2021 $1,975 $54,600 $10,500 $44,100
2020 $1,974 $54,600 $10,500 $44,100
2019 $2,065 $54,600 $10,500 $44,100
2018 $1,889 $54,600 $10,500 $44,100
2017 $1,861 $54,600 $10,500 $44,100
2016 $1,856 $54,600 $10,500 $44,100
2015 -- $54,600 $10,500 $44,100
2014 $1,710 $54,600 $10,500 $44,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000325861

Bright MLS

APN: 06-106.00-453

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