NOT LISTED FOR SALE

Estimated Value: $70,000 - $175,000

2 Beds
1 Bath
728 Sq Ft
$160/Sq Ft Est. Value

Last Sold December 17, 2015

Last sale price $18,500 $25 Per Sq Ft

Est. 531% increase in value since last sale

Current estimated payment $666/month

125 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Eat-In Kitchen
  • Dupont (H.B.) Middle School Rated A
  • Porch
  • 3-minute walk to William Judy Johnson Memorial Park

About This Home

As of December 2015

Outstanding investment opportunity! Located in Wilmington"s West Side, just a few blocks from Union Street hotspots, post office and on a bus-line, this handsome two story town home is an easy rental, or a perfect below market opportunity for a handy owner occupant seeking to build equity. Inviting front open porch greets you into spacious living room flows nicely into dining area with kitchen to the rear. Upstairs are two well scaled bedrooms and full bathroom. Efficient gas heat makes this a smart buy for the keen investor. Updated hot water heater and circuit breakers make this an easy property to get tenant ready. Don"t miss out on this excellent opportunity. Please note this is a short sale, so do allow time for that approval process to take place. Settlement will be 90+ days. Taxes are estimated as current tax record reflects an exemption. Sale is subject to lender approval.

Last Listed By

Paul Pantano

Pantano Real Estate Inc Listed on: 07/01/2015

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1900

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 12x114
  • Back Yard

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • Property has 2 Levels
  • Family Room
  • Living Room
  • Eat-In Kitchen

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Unfinished Basement

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

Outdoor Features

  • Patio
  • Porch

Schools

  • Evan G. Shortlidge Academy Elementary School
  • Henry B. Du Pont Middle School
  • Alexis I. Dupont High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Wilm #23 Subdivision

Listing and Financial Details

  • Tax Lot 127
  • Assessor Parcel Number 26-033.20-127

Townhouse Details

Home Type

Townhome

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Gas Range And Refrigerator Are Included As Is.
  • New Construction: No
  • Year Built: 1900
  • Remarks Public: Outstanding investment opportunity! Located in Wilmington"s West Side, just a few blocks from Union Street hotspots, post office and on a bus-line, this handsome two story town home is an easy rental, or a perfect below market opportunity for a handy owner occupant seeking to build equity. Inviting front open porch greets you into spacious living room flows nicely into dining area with kitchen to the rear. Upstairs are two well scaled bedrooms and full bathroom. Efficient gas heat makes this a smart buy for the keen investor. Updated hot water heater and circuit breakers make this an easy property to get tenant ready. Don"t miss out on this excellent opportunity. Please note this is a short sale, so do allow time for that approval process to take place. Settlement will be 90+ days. Taxes are estimated as current tax record reflects an exemption. Sale is subject to lender approval.
  • Special Features: 12
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Entry Location: Living Room
  • Levels Count: 2
  • Room Count: 5
  • Room List: Living Room, Primary Bedroom, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Basement
  • Street Number Modifier: 1712

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: RED CLAY CONSOLIDATED
  • Elementary School: EVAN G. SHORTLIDGE ACADEMY
  • Middle School: HENRY B. DU PONT
  • High School: ALEXIS I. DUPONT
  • School District Key: 300200396545
  • Elementary School: EVAN G. SHORTLIDGE ACADEMY
  • High School: ALEXIS I. DUPONT
  • Middle Or Junior School: HENRY B. DU PONT

Lot Info

  • Improvement Assessed Value: 4500.00
  • Land Assessed Value: 2900.00
  • Lot Features: Rear Yard
  • Lot Size Acres: 0.03
  • Lot Dimensions: 12X114
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Zoning: 26R-3

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2407904
  • Tax Annual Amount: 314.00
  • Assessor Parcel Number: 26-033.20-127
  • Tax Lot: 127
  • Tax Year: 2015
  • Close Date: 12/17/2015

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2015
Closed on
Dec 16, 2015
Sold by
Rankin Sean and Zeissig Gustavo
Bought by
Davila Edwin Diaz
Seller's Agent
Paul Pantano
Pantano Real Estate Inc
Buyer's Agent
Jack Keating
RE/MAX Elite
List Price
$22,900
Sold Price
$18,500
Premium/Discount to List
-$4,400
-19.21%
Total Days on Market
125
Current Estimated Value
$116,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,266
Avg. Annual Appreciation
21.60%

Purchase Details

Closed on
Sep 25, 2006
Sold by
Altiero Paul and Altiero Karen
Bought by
Rankin Sean and Zeissig Gustavo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,800
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 2003
Sold by
Household Finance Corp
Bought by
Altiero Paul and Altiero Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,988
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 16, 2003
Sold by
Smith Charles R and Smith Lillie B
Bought by
Household Finance Corp

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
Davila Edwin Diaz $18,500 None Available
Rankin Sean $71,000 None Available
Altiero Paul $18,000 --
Household Finance Corp $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rankin Sean $56,800
Previous Owner Zeissig Gustavo A $14,200
Previous Owner Altiero Paul $56,988
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2015 12/17/15 Sold $18,500 -7.0% $25 / Sq Ft
10/06/2015 10/06/15 Price Changed $19,900 -13.1% $27 / Sq Ft
07/01/2015 07/01/15 For Sale $22,900 -- $31 / 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 $231 $7,400 $2,900 $4,500
2023 $201 $7,400 $2,900 $4,500
2022 $202 $7,400 $2,900 $4,500
2021 $202 $7,400 $2,900 $4,500
2020 $202 $7,400 $2,900 $4,500
2019 $148 $7,400 $2,900 $4,500
2018 $201 $7,400 $2,900 $4,500
2017 $201 $7,400 $2,900 $4,500
2016 $191 $7,400 $2,900 $4,500
2015 $314 $7,400 $2,900 $4,500
2014 $298 $7,400 $2,900 $4,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002648940

Bright MLS

APN: 26-033.20-127