Seller's Agent in 2022
Yasmin Bowman
BHHS PenFed (actual)
(302) 438-8667
2 in this area
62 Total Sales
1801 Linden St Wilmington, DE 19805
Bayard Square NeighborhoodEstimated Value: $408,000 - $516,000
--
Bed
4
Baths
3,675
Sq Ft
$128/Sq Ft
Est. Value
Highlights
- 0.13 Acre Lot
- Corner Lot
- Central Air
- Wood Flooring
- 2 Car Detached Garage
- Ceiling Fan
About This Home
As of November 2022Here’s a fantastic and unique opportunity to acquire this beautiful well-built, stately looking multi family “HOME” on an open corner lot - formerly the self-built single family home of a well-known local builder - later converted to a multi family property. It has one expansive 3BR apartment on the main floor and two spacious 1 BR apartments on the upper level. This is a perfect setup for (A) One or several family members to all have their own private space under one roof OR (B) for an investor/landlord.
MAIN FLOOR:
Apartment A is a large 3 bedroom / 2 full bath apartment covering the entire expanse of the main floor. More like a home than an apartment, it has a dining room, living room, family room, an abundance of closets for storage and a side porch. The first floor has replacement windows and central air. This apartment is being enjoyed by long term tenants.
UPPER FLOOR:
On the upper level there are two nice large, bright 1 BR / 1 BA apartments, both with separate living room, dining room and kitchen. Apartment B has been renovated (including new independent HVAC system) and rental applications are presently in process. Apartment C recently became vacant and the seller is keeping this open for a potential owner-occupant buyer. Smart buyer could move into one and COLLECT INCOME from the other two units to cover mortgage and operating expenses.
SPECIAL DETAILS:
Nicely appointed charming and decorative architectural details are to be enjoyed throughout the interior and exterior of the building such as beautiful hardwood floors, custom moldings, solid nicely trimmed maple doors, beautiful archways and pink stucco exterior.
BASEMENT / ATTIC STORAGE:
There is a large, full footprint clean basement with laundry facilities, large clean open space storage capacity, easy access to the mechanical systems, basement walk-up stairs to the rear exterior and outdoor garage and driveway parking area. Further storage can be found in the large walk-up attic with stand up headroom.
GARAGES:
Detached garage with two separate garage spaces with electric and off-street parking for 4-6 cars, a rarity for the area!!! Garages could be rented for additional income in excess of $75 each per month.
CONVENIENT LOCATION / ACCESSIBILITY:
Walking distance to Union Park Gardens and minutes to I-95, Downtown Business District and entertainment, popular Wilmington Riverfront attractions, Trolley Square amenities and entertainment and Kirkwood Highway shopping and amenities.
All three electric panels and service cables were replaced and inspected with stickers. New roof installed in 2017. Do not regret missing out on this one!!! NOTE: Closing to occur after December 31st, 2022.
Last Listed By
Berkshire Hathaway HomeServices PenFed Realty License #RA-0020276 Listed on: 11/03/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,232
Year Built
- Built in 1940
Lot Details
- 5,662 Sq Ft Lot
- Lot Dimensions are 54.50 x 100.00
- Corner Lot
Parking
- 2 Car Detached Garage
- Side Facing Garage
Home Design
- Triplex
- Converted Dwelling
- Brick Exterior Construction
- Brick Foundation
- Shingle Roof
- Stucco
Interior Spaces
- 3,675 Sq Ft Home
- Ceiling Fan
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Tile or Brick
- Vinyl
Utilities
- Central Air
- Window Unit Cooling System
- Radiator
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 105
- Assessor Parcel Number 26-033.20-105
Community Details
Overview
- 3 Units
Building Details
- 1 Vacant Unit
- Gross Income $42,360
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 17, 2016
Closed on
Jun 19, 2017
Sold by
Reynolds Thomas C
Bought by
Jiang Wei
Seller's Agent
Jane Binnersley
Patterson-Schwartz-Brandywine
Buyer's Agent
Yasmin Bowman
Berkshire Hathaway HomeServices PenFed Realty
List Price
$409,000
Sold Price
$312,500
Premium/Discount to List
-$96,500
-23.59%
Total Days on Market
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,444
Avg. Annual Appreciation
5.24%
Original Mortgage
$234,375
Outstanding Balance
$130,825
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$338,119
Purchase Details
Closed on
Mar 19, 2003
Sold by
Dougherty James J and Dougherty Jo Ann
Bought by
Reynolds Thomas C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,323
Interest Rate
5.9%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jiang Wei | $312,500 | None Available | |
| Reynolds Thomas C | $213,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jiang Wei | $234,375 | |
| Previous Owner | Reynolds Thomas C | $201,000 | |
| Previous Owner | Reynolds Thomas C | $25,000 | |
| Previous Owner | Reynolds Thomas C | $211,323 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/28/2022 11/28/22 | Sold | $396,000 | +4.2% | $108 / Sq Ft |
| 11/11/2022 11/11/22 | Pending | -- | -- | -- |
| 11/03/2022 11/03/22 | For Sale | $380,000 | +21.6% | $103 / Sq Ft |
| 06/19/2017 06/19/17 | Sold | $312,500 | -5.3% | $85 / Sq Ft |
| 05/04/2017 05/04/17 | Pending | -- | -- | -- |
| 04/26/2017 04/26/17 | Price Changed | $329,900 | -1.5% | $90 / Sq Ft |
| 04/24/2017 04/24/17 | Price Changed | $334,800 | -1.5% | $91 / Sq Ft |
| 03/23/2017 03/23/17 | Price Changed | $339,800 | -2.4% | $92 / Sq Ft |
| 02/21/2017 02/21/17 | Price Changed | $348,000 | -14.9% | $95 / Sq Ft |
| 08/17/2016 08/17/16 | For Sale | $409,000 | -- | $111 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,883 | $78,200 | $7,600 | $70,600 |
| 2023 | $2,810 | $78,200 | $7,600 | $70,600 |
| 2022 | $2,782 | $78,200 | $7,600 | $70,600 |
| 2021 | $2,710 | $78,200 | $7,600 | $70,600 |
| 2020 | $2,632 | $78,200 | $7,600 | $70,600 |
| 2019 | $3,849 | $78,200 | $7,600 | $70,600 |
| 2018 | $2,248 | $78,200 | $7,600 | $70,600 |
| 2017 | $2,181 | $78,200 | $7,600 | $70,600 |
| 2016 | $2,175 | $78,200 | $7,600 | $70,600 |
| 2015 | $3,397 | $78,200 | $7,600 | $70,600 |
| 2014 | $3,395 | $78,200 | $7,600 | $70,600 |
Source: Public Records
Agents Affiliated with this Home
-
Yasmin Bowman
-
John Luca
Buyer's Agent in 2022
John Luca
BHHS Fox & Roach
(302) 740-5872
1 in this area
96 Total Sales
-
Jane Binnersley
Seller's Agent in 2017
Jane Binnersley
Patterson Schwartz
(302) 540-2171
11 Total Sales
Map
Source: Bright MLS
MLS Number: DENC2029862
APN: 26-033.20-105
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