NOT LISTED FOR SALE

1720 N Washington St Wilmington, DE 19802

Brandywine Village Neighborhood

Estimated Value: $365,000 - $663,000

-- Bed
4 Baths
4,250 Sq Ft
$121/Sq Ft Est. Value

Last Sold October 21, 2015

Last sale price $230,625 $54 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $2,979/month

24 Days on Market

Highlights

  • 0.14 Acre Lot
  • En-Suite Primary Bedroom
  • 4-minute walk to Brandywine Mills Plaza
  • No HOA
  • Heating System Uses Gas

About This Home

As of October 2015

This Offering is one of very real and unique opportunity and extreme character. The buildings' units are well occupied, upgraded in several areas, are inordinately large in many cases, present an abundance of quality and charm, and offer an opportunity for substantial upside return on investment. This Offering presents the rare opportunity to purchase an established cash flow stable property in its own right in a nice area, with substantial upside potential in both of those areas. Purchase one Triplex or all 7 buildings totaling 21 units. A minimum of 48 hour notice is required prior to showing. NOTE : All photos are from one of the 7 properties or another. They MAY or MAY NOT be of one the one prospective buyer/agent are viewing.

Last Agent to Sell the Property

Peter Meyer

Meyer & Meyer Realty License #RB-0003304 Listed on: 06/02/2015

Last Buyer's Agent

Peter Meyer

Meyer & Meyer Realty License #RB-0003304 Listed on: 06/02/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 40x150

Home Design

  • 4,250 Sq Ft Home
  • Triplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Basement

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

Parking

  • 1 Parking Space
  • On-Street Parking

Schools

  • Evan G. Shortlidge Academy Elementary School
  • Stanton Middle School
  • Thomas Mckean High School

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 054
  • Assessor Parcel Number 26-021.40-054

Community Details

Overview

  • No Home Owners Association
  • Wilm #10 Subdivision

Building Details

  • Insurance Expense $900
  • Maintenance Expense $2,250
  • Operating Expense $11,010

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Inclusions: Stoves, Refrigerators
  • New Construction: No
  • Year Built: 1915
  • Remarks Public: This Offering is one of very real and unique opportunity and extreme character. The buildings' units are well occupied, upgraded in several areas, are inordinately large in many cases, present an abundance of quality and charm, and offer an opportunity for substantial upside return on investment. This Offering presents the rare opportunity to purchase an established cash flow stable property in its own right in a nice area, with substantial upside potential in both of those areas. Purchase one Triplex or all 7 buildings totaling 21 units. A minimum of 48 hour notice is required prior to showing. NOTE : All photos are from one of the 7 properties or another. They MAY or MAY NOT be of one the one prospective buyer/agent are viewing.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Entry Location: Foyer
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Outside Entrance
  • Laundry Type: Has Laundry
  • Total Sq Ft: 4250
  • Living Area Sq Ft: 4250
  • Price Per Sq Ft: 62.38
  • Above Grade Finished Sq Ft: 4250
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1720

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: On Street

Utilities

  • Annual Heating Expense: 2016.00
  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 2083.00
  • 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: STANTON
  • High School: THOMAS MCKEAN
  • School District Key: 300200396545
  • Elementary School: EVAN G. SHORTLIDGE ACADEMY
  • High School: THOMAS MCKEAN
  • Middle Or Junior School: STANTON

Lot Info

  • Improvement Assessed Value: 79200.00
  • Land Assessed Value: 14300.00
  • Lot Size Acres: 0.14
  • Lot Dimensions: 40X150
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6098.00
  • Zoning: 26R-4

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 33300.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 2399552
  • Tax Annual Amount: 3761.00
  • Assessor Parcel Number: 26-021.40-054
  • Tax Lot: 054
  • Tax Year: 2014
  • Close Date: 10/21/2015

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2025
Sold by
Pencader Realty Llc
Bought by
Pencader Realty Llc
Current Estimated Value
$495,500

Purchase Details

Listed on
Jun 2, 2015
Closed on
Oct 21, 2015
Sold by
Wilmington Ventures
Bought by
Pencader Realty Llc
Seller's Agent
Peter Meyer
Meyer & Meyer Realty
Buyer's Agent
Peter Meyer
Meyer & Meyer Realty
List Price
$265,100
Sold Price
$230,625
Premium/Discount to List
-$34,475
-13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.60%
Original Mortgage
$850,162
Interest Rate
3.9%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Pencader Realty Llc -- None Listed On Document
Pencader Realty Llc $1,133,550 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pencader Realty Llc $630,000
Previous Owner Pencader Realty Llc $1,235,000
Previous Owner Pencader Realty Llc $850,162
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2015 10/21/15 Sold $230,625 -13.0% $54 / Sq Ft
06/26/2015 06/26/15 Pending -- -- --
06/02/2015 06/02/15 For Sale $265,100 -- $62 / 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 $2,917 $93,500 $14,300 $79,200
2023 $2,535 $93,500 $14,300 $79,200
2022 $2,547 $93,500 $14,300 $79,200
2021 $2,540 $93,500 $14,300 $79,200
2020 $2,343 $93,500 $14,300 $79,200
2019 $4,437 $93,500 $14,300 $79,200
2018 $2,546 $93,500 $14,300 $79,200
2017 $2,541 $93,500 $14,300 $79,200
2016 $2,408 $93,500 $14,300 $79,200
2015 $3,962 $93,500 $14,300 $79,200
2014 $3,761 $93,500 $14,300 $79,200
Source: Public Records

Agents Affiliated with this Home

  • Peter Meyer

    Seller's Agent in 2015

    Peter Meyer

    Meyer & Meyer Realty

    (302) 218-2790

    7 in this area

    138 Total Sales

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Map

Source: Bright MLS

MLS Number: 1002617108

Bright MLS

APN: 26-021.40-054

Delaware New Castle County Wilmington 19802 Brandywine Village

1720 N Washington St, Wilmington, DE

This home is located at 1720 N Washington St, Wilmington, DE 19802 since 02 June 2015 and is currently estimated at $514,000, approximately $120 per square foot. This property was built in 1915. 1720 N Washington St is a home located in New Castle County with nearby schools including Shortlidge (Evan G.) Academy, Skyline Middle School, and McKean (Thomas) High School.

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