NOT LISTED FOR SALE

1630 Wilmington Rd New Castle, DE 19720

Estimated Value: $239,000 - $365,000

4 Beds
1.5 Baths
1,450 Sq Ft
$218/Sq Ft Est. Value

Last Sold February 25, 2021

Last sale price $137,000 $94 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $1,755/month

Highlights

  • 0.63 Acre Lot
  • Colonial Architecture
  • Wood Flooring
  • Dual Staircase
  • Traditional Floor Plan
  • 1 Fireplace

About This Home

As of February 2021

Attention opportunity seekers. A plethora of options are shrouded within this unique property. Extra large lot with detached structure dating back to the end of the 1800's is in need of a thoughtful, energetic new owner with some vision and resources to spare. Vestibule welcomes you in to hallway flanked by living and family space. Formal dining area with access to screened in porch. Cozy kitchen space off the rear with rear steps leading to second floor. Main level serviced with half bathroom. Second level plays host to sleeping quarters. Full bathroom services this level. Next set of stairs leads to a surprisingly spacious and usable third level. Existing physical structure has fallen on hard times and is in need of pretty much every single solitary repair you can conjure up. Top to bottom, left to right, inside to outside, ECT. The existing structure could be removed, and replaced with a brand new, modern home that would be sited even further back off the road if you so desire. This could be occupied, rented or resold. Diving deeper, the existing structure can be removed, and you could investigate and develop up to possibly four two packs (eight town homes). This is thanks to the paper street that exists to the right of the property when looking from the street. This is essentially accessed by the curb cut/driveway that is currently in place, as behind this lot, there are four more lots and a plot plan that shows the possibility for six potential building sites. So you could build them out, rent or sell, or you could purchase this, then double, triple, quadruple down, finish off the paper street and fill it with new residential construction. So get with your partners, crowdfunders, hard money lenders, architects, land planers, engineers ECT., and choose the course of action that would work best for you!

Last Agent to Sell the Property

Joseph Hurley

(302) 740-5524 jphurley27@gmail.com Pantano Real Estate Inc License #RS-0018346 Listed on: 01/15/2021

Last Buyer's Agent

Joseph Hurley

(302) 740-5524 jphurley27@gmail.com Pantano Real Estate Inc License #RS-0018346 Listed on: 01/15/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,399

Year Built

  • Built in 1873

Lot Details

  • 0.63 Acre Lot
  • Lot Dimensions are 124.50 x 250.00
  • Property is zoned 21R-2

Home Design

  • Colonial Architecture
  • Fixer Upper
  • Flat Roof Shape
  • Brick Foundation
  • Stone Foundation
  • Plaster Walls
  • Frame Construction
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 1,450 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Dual Staircase
  • 1 Fireplace
  • Living Room
  • Formal Dining Room

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

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

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • Radiator
  • Hot Water Heating System
  • 100 Amp Service
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 022
  • Assessor Parcel Number 21-001.00-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,399

Year Built

Built in 1873

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: As Shown
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 1873
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Attention opportunity seekers. A plethora of options are shrouded within this unique property. Extra large lot with detached structure dating back to the end of the 1800's is in need of a thoughtful, energetic new owner with some vision and resources to spare. Vestibule welcomes you in to hallway flanked by living and family space. Formal dining area with access to screened in porch. Cozy kitchen space off the rear with rear steps leading to second floor. Main level serviced with half bathroom. Second level plays host to sleeping quarters. Full bathroom services this level. Next set of stairs leads to a surprisingly spacious and usable third level. Existing physical structure has fallen on hard times and is in need of pretty much every single solitary repair you can conjure up. Top to bottom, left to right, inside to outside, ECT. The existing structure could be removed, and replaced with a brand new, modern home that would be sited even further back off the road if you so desire. This could be occupied, rented or resold. Diving deeper, the existing structure can be removed, and you could investigate and develop up to possibly four two packs (eight town homes). This is thanks to the paper street that exists to the right of the property when looking from the street. This is essentially accessed by the curb cut/driveway that is currently in place, as behind this lot, there are four more lots and a plot plan that shows the possibility for six potential building sites. So you could build them out, rent or sell, or you could purchase this, then double, triple, quadruple down, finish off the paper street and fill it with new residential construction. So get with your partners, crowdfunders, hard money lenders, architects, land planers, engineers ECT., and choose the course of action that would work best for you!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Carpet, Hardwood, Ceramic Tile
  • Interior Amenities: Carpet, Double/Dual Staircase, Floor Plan - Traditional, Formal/Separate Dining Room
  • Fireplaces Count: 1
  • Fireplace: No
  • Wall Ceiling Types: Plaster Walls
  • Foundation Details: Brick/Mortar, Stone
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Total Sq Ft: 1450
  • Living Area Sq Ft: 1450
  • Price Per Sq Ft: 100.00
  • Above Grade Finished Sq Ft: 1450
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1630

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Flat, Pitched, Shingle
  • 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: On Street, Off Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

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

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: COLONIAL
  • School District Key: 300200396891
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 29600.00
  • Land Assessed Value: 6400.00
  • Lot Size Acres: 0.63
  • Lot Dimensions: 124.50 x 250.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 27443.00
  • Property Condition: Major Rehab Needed
  • Year Assessed: 2020
  • Zoning: 21R-2
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 2377849
  • School Tax: 851.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1399.00
  • Assessor Parcel Number: 21-001.00-022
  • Tax Lot: 022
  • Tax Total Finished Sq Ft: 1450
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 02/25/2021

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2021
Closed on
Feb 25, 2021
Sold by
Cochran John W and Cochran Jonathan T
Bought by
Salem Hvac Llc
Seller's Agent
Joseph Hurley
Pantano Real Estate Inc
Buyer's Agent
Joseph Hurley
Pantano Real Estate Inc
List Price
$145,000
Sold Price
$137,000
Premium/Discount to List
-$8,000
-5.52%
Current Estimated Value
$315,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,880
Avg. Annual Appreciation
17.45%
Original Mortgage
$190,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 7, 2017
Closed on
Dec 27, 2017
Sold by
Wilmington Trust Company
Bought by
Cochran John W and Cochran Jonathan T
Seller's Agent
Team Freebery
EXP Realty, LLC
Buyer's Agent
Marianne Caven
Patterson-Schwartz - Greenville
List Price
$100,000
Sold Price
$75,000
Premium/Discount to List
-$25,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.93%
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
Salem Hvac Llc -- None Available
Cochran John W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salem Hvac Llc $222,000
Closed Salem Hvac Llc $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2021 02/25/21 Sold $137,000 -5.5% $94 / Sq Ft
01/15/2021 01/15/21 For Sale $145,000 +93.3% $100 / Sq Ft
12/27/2017 12/27/17 Sold $75,000 0.0% $52 / Sq Ft
11/30/2017 11/30/17 Pending -- -- --
11/28/2017 11/28/17 Off Market $75,000 -- --
11/07/2017 11/07/17 For Sale $100,000 -- $69 / 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 $1,033 $36,000 $6,400 $29,600
2023 $934 $36,000 $6,400 $29,600
2022 $971 $36,000 $6,400 $29,600
2021 $957 $36,000 $6,400 $29,600
2020 $967 $36,000 $6,400 $29,600
2019 $56 $36,000 $6,400 $29,600
2018 $69 $36,000 $6,400 $29,600
2017 -- $36,000 $6,400 $29,600
2016 -- $36,000 $6,400 $29,600
2015 $778 $36,000 $6,400 $29,600
2014 $779 $36,000 $6,400 $29,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC519444

Bright MLS

APN: 21-001.00-022