NOT LISTED FOR SALE

1801 Delaware Ave Wilmington, DE 19806

Highlands Neighborhood

Estimated Value: $387,896 - $805,000

-- Bed
1 Bath
-- Sq Ft
1,742 Sq Ft Lot

Last Sold January 20, 2017

Last sale price $227,000

Est. 133% increase in value since last sale

Current estimated payment $2,953/month

114 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • No HOA
  • Home Security System
  • 3-minute walk to Conaty Park

About This Home

As of January 2017

1st floor retail space opened up into 1803 Del. Ave. Over 2000 sq. ft. prime space available, owners suite plus 2 large 1 BR renovated units. What an ideal spot to live, rent or run a business in the heart of Trolley Square. Call Larry Lee for details and showings. MUST be sold with 1803 Delaware Ave. Must be sold with MLS#6846488. Price is for both buildings.

Last Agent to Sell the Property

Laurence Lee

(302) 593-4042 llee@psre.com Patterson-Schwartz - Greenville Listed on: 08/18/2016

Patterson-Schwartz - Greenville

Last Buyer's Agent

Laurence Lee

(302) 593-4042 llee@psre.com Patterson-Schwartz - Greenville Listed on: 08/18/2016

Patterson-Schwartz - Greenville

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,398

Year Built

  • Built in 1936

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 20 x 88
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation

Flooring

  • Wood
  • Wall to Wall Carpet

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Electric Water Heater

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 2601330212

Community Details

Overview

  • No Home Owners Association
  • Trolley Square Subdivision

Building Details

  • Operating Expense $1,398

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,398

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Exclusions: Store Property & Fixtures
  • Inclusions: All Unit Appliances
  • New Construction: No
  • Storage: Basement
  • Year Built: 1936
  • Special Features: VirtualTour

Interior Features

  • Flooring Type: Wood, Fully Carpeted
  • Fireplace: No
  • Entry Location: Private
  • Foundation Details: Stone
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Washer In Unit, Dryer In Unit

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Flat
  • 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
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Electric Service: 100 Amp Service
  • Heating Fuel: Oil
  • Heating Type: Oil, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 66600.00
  • Land Assessed Value: 8700.00
  • Lot Size Acres: 0.04
  • Lot Dimensions: 20 X 88
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: R3

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 3050.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Assessor Parcel Number: 2393136
  • Tax Annual Amount: 1398.00
  • Assessor Parcel Number: 2601330212
  • Tax Year: 2015

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2021
Sold by
Backdrop Properties Llc Series V
Bought by
1801 Delaware Avenue Associates Llc
Current Estimated Value
$528,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,750
Outstanding Balance
$428,383
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$100,091

Purchase Details

Listed on
Aug 18, 2016
Closed on
Jan 20, 2017
Sold by
Biscardi Geraldine
Bought by
Backdrop Properties Llc Series V
Seller's Agent
Laurence Lee
Patterson-Schwartz - Greenville
Buyer's Agent
Laurence Lee
Patterson-Schwartz - Greenville
List Price
$579,000
Sold Price
$227,000
Premium/Discount to List
-$352,000
-60.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.98%

Purchase Details

Closed on
Mar 9, 2007
Sold by
Duke Enterprises Llc
Bought by
Biscardi Geraldine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2006
Sold by
Duke Enterprises
Bought by
Duke Enterprises Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
1801 Delaware Avenue Associates Llc -- None Available
Backdrop Properties Llc Series V $227,000 None Available
Biscardi Geraldine $355,000 None Available
Duke Enterprises Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1801 Delaware Avenue Associates Llc $468,750
Previous Owner Biscardi Geraldine $510,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2017 01/20/17 Sold $227,000 -60.8% --
12/10/2016 12/10/16 Pending -- -- --
08/18/2016 08/18/16 For Sale $579,000 -- --
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 $2,078 $66,600 $8,700 $57,900
2023 $1,814 $66,600 $8,700 $57,900
2022 $1,814 $66,600 $8,700 $57,900
2021 $3,160 $66,600 $8,700 $57,900
2020 $0 $66,600 $8,700 $57,900
2019 $3,160 $66,600 $8,700 $57,900
2018 $624 $66,600 $8,700 $57,900
2017 $1,951 $66,600 $8,700 $57,900
2016 $1,951 $66,600 $8,700 $57,900
2015 $2,022 $66,600 $8,700 $57,900
2014 $1,879 $66,600 $8,700 $57,900
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Laurence Lee

    Patterson Schwartz

    (302) 593-4042

    1 in this area

    23 Total Sales

    Laurence Lee
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Map

Source: Bright MLS

MLS Number: 1003955619

Bright MLS

APN: 26-013.30-212

Delaware New Castle County Wilmington 19806 Highlands

1801 Delaware Ave, Wilmington, DE

Not Listed for Sale

MultiFamily

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