NOT LISTED FOR SALE

1623 W 4th St Wilmington, DE 19805

Estimated Value: $122,000 - $173,830

3 Beds
1 Bath
1,550 Sq Ft
$98/Sq Ft Est. Value

Last Sold November 26, 2019

Last sale price $58,825 $38 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $866/month

Highlights

  • Colonial Architecture
  • No HOA
  • En-Suite Primary Bedroom
  • Dupont (H.B.) Middle School Rated A
  • Living Room
  • 2-minute walk to William Judy Johnson Memorial Park

About This Home

As of November 2019

Great opportunity for an investor looking for instant cash flow. Home features large living room, a dining room with built in corner hutch, kitchen with lots of natural light and a mud room leading to the back yard. Upstairs you will find 3 bedrooms and a full bathroom. The master bedroom has a nice sitting area and potential for a walk-in closet. New 1 year lease signed at $950/month. This property can be packaged with 1625 W 4th St (MLS #DENC315994) which is also listed for $59,000 and has a tenant in place.

Last Agent to Sell the Property

Andrew White

awhite@lnf.com Compass License #RS-325050 Listed on: 01/07/2019

Compass

Co-Listed By

Alicia Fox

(302) 419-5477 afoxrealestate@gmail.com Compass License #RS-0019602

Last Buyer's Agent

Heather Mauser

(302) 607-8712 heather.mauser@lnf.com My Real Estate Store

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1890

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 16x118
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 1,550 Sq Ft Home
  • Property has 2 Levels
  • Family Room
  • Living Room
  • Dining Room

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Unfinished Basement

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

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Wilm #23 Subdivision

Listing and Financial Details

  • Tax Lot 025
  • Assessor Parcel Number 26-027.30-025

Townhouse Details

Home Type

Townhome

Year Built

Built in 1890

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
  • Expected On Market: 2019-01-08
  • Federal Flood Zone: No
  • Year Built: 1890
  • Remarks Public: Great opportunity for an investor looking for instant cash flow. Home features large living room, a dining room with built in corner hutch, kitchen with lots of natural light and a mud room leading to the back yard. Upstairs you will find 3 bedrooms and a full bathroom. The master bedroom has a nice sitting area and potential for a walk-in closet. New 1 year lease signed at $950/month. This property can be packaged with 1625 W 4th St (MLS #DENC315994) which is also listed for $59,000 and has a tenant in place.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • 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: 38.06
  • Above Grade Finished Sq Ft: 1550
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1623

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
  • Construction Materials: Brick
  • Roof: Flat
  • 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: Forced Air
  • 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

  • School District: RED CLAY CONSOLIDATED
  • School District Key: 300200396545

Lot Info

  • Improvement Assessed Value: 20200.00
  • Land Assessed Value: 2300.00
  • Lot Size Acres: 0.04
  • Lot Dimensions: 16X118
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Property Condition: Good
  • Zoning: 26R-3
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2403776
  • School Tax: 553.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1062.00
  • Assessor Parcel Number: 26-027.30-025
  • Tax Lot: 025
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 11/26/2019

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2019
Closed on
Nov 20, 2019
Sold by
Fedale Property 2 Llc
Bought by
Bennett Lydia
Seller's Agent
Andrew White
Compass
Buyer's Agent
Heather Mauser
My Real Estate Store
List Price
$65,000
Sold Price
$58,825
Premium/Discount to List
-$6,175
-9.5%
Current Estimated Value
$152,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,383
Avg. Annual Appreciation
17.65%
Original Mortgage
$50,001
Outstanding Balance
$44,178
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$108,030

Purchase Details

Closed on
Jan 7, 2014
Sold by
Fedale Property Management Llc
Bought by
Fedale Glenn

Purchase Details

Listed on
Oct 13, 2012
Closed on
Jan 24, 2013
Sold by
Federal National Mortgage Association
Bought by
Fedale Property Management Llc
Seller's Agent
Bill Luke III
Luke Real Estate
Buyer's Agent
Joseph Hurley
Pantano Real Estate Inc
List Price
$11,000
Sold Price
$12,900
Premium/Discount to List
$1,900
17.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.47%

Purchase Details

Closed on
Apr 20, 2012
Sold by
Snyder Dorien N and Richardson Pamela
Bought by
Fannie Mae and Federal National Mortgage Association
Source: Public Records

Range of Values:

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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
Bennett Lydia $58,825 None Available
Fedale Glenn -- None Available
Fedale Property Management Llc $12,900 Title And Abstract Rod Inc
Fannie Mae $25,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennett Lydia $50,001
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2019 11/26/19 Sold $58,825 -0.3% $38 / Sq Ft
10/09/2019 10/09/19 Pending -- -- --
06/18/2019 06/18/19 Price Changed $59,000 -9.2% $38 / Sq Ft
01/09/2019 01/09/19 For Sale $65,000 +10.5% $42 / Sq Ft
01/07/2019 01/07/19 Off Market $58,825 -- --
01/24/2013 01/24/13 Sold $12,900 +17.3% $8 / Sq Ft
10/17/2012 10/17/12 Pending -- -- --
10/13/2012 10/13/12 For Sale $11,000 -- $7 / 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 $702 $22,500 $2,300 $20,200
2023 $610 $22,500 $2,300 $20,200
2022 $613 $22,500 $2,300 $20,200
2021 $612 $22,500 $2,300 $20,200
2020 $615 $22,500 $2,300 $20,200
2019 $1,068 $22,500 $2,300 $20,200
2018 $1,085 $22,500 $2,300 $20,200
2017 $997 $22,500 $2,300 $20,200
2016 $997 $22,500 $2,300 $20,200
2015 $953 $22,500 $2,300 $20,200
2014 $905 $22,500 $2,300 $20,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC315998

Bright MLS

APN: 26-027.30-025