NOT LISTED FOR SALE

1818 Delaware Ave Wilmington, DE 19806

Highlands Neighborhood

Estimated Value: $857,000 - $1,083,700

-- Bed
2 Baths
3,275 Sq Ft
$296/Sq Ft Est. Value

Last Sold November 01, 2022

Last sale price $705,000 $215 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,356/month

Highlights

  • Water Oriented
  • Hot Water Heating System
  • 3-minute walk to Stapler Park
  • 0.12 Acre Lot

About This Home

As of November 2022

Sold Before Processing. Commercial Zoning - Daycare with 2 apartments above and off-street parking.

Last Agent to Sell the Property

Buzz Moran

(302) 740-6529 buzz.moran@lnf.com Long & Foster Real Estate, Inc. Listed on: 09/29/2022

Long & Foster Real Estate, Inc.

Co-Listed By

Erin Heilig

(484) 356-3138 erinheilig@gmail.com Long & Foster Real Estate, Inc.

Last Buyer's Agent

Nicholas Baldini

(302) 234-3618 nbaldini@psre.com Patterson-Schwartz-Hockessin License #RA-0020226

Patterson-Schwartz-Hockessin

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,181

Year Built

  • Built in 1920

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 60.30 x 126.50

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • 3,275 Sq Ft Home
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Water Oriented
  • Property is near a lake

Utilities

  • Cooling System Utilizes Natural Gas
  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 219
  • Assessor Parcel Number 26-013.30-219

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,181

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3275
  • Living Area Sq Ft: 3275
  • Price Per Sq Ft: 221.37
  • Above Grade Finished Sq Ft: 3275
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Water Body Type: Lake
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Natural Gas
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 82700.00
  • Land Assessed Value: 8600.00
  • Lot Size Acres: 0.12
  • Lot Dimensions: 60.30 x 126.50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5227.00
  • Zoning: 26R-3
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2393143
  • School Tax: 2257.00
  • Tax Annual Amount: 4181.00
  • Assessor Parcel Number: 26-013.30-219
  • Tax Lot: 219
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2022
Closed on
Nov 1, 2022
Sold by
Djc Properties I Llc
Bought by
Delaware Ave Llc
Seller's Agent
Buzz Moran
Long & Foster Real Estate, Inc.
Buyer's Agent
Nicholas Baldini
Patterson-Schwartz-Hockessin
List Price
$725,000
Sold Price
$705,000
Premium/Discount to List
-$20,000
-2.76%
Current Estimated Value
$783,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,096
Avg. Annual Appreciation
10.78%
Original Mortgage
$542,850
Outstanding Balance
$525,232
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$445,118

Purchase Details

Closed on
Sep 22, 2010
Sold by
Cozzolino David J
Bought by
Djc Properties Llc and Djc Properties I Llc Series #2

Purchase Details

Closed on
Dec 18, 2007
Sold by
Schwab Eric J
Bought by
Cozzolino David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
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
Delaware Ave Llc -- --
Djc Properties Llc -- None Available
Cozzolino David J $660,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delaware Ave Llc $542,850
Previous Owner Cozzolino David J $528,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2022 11/01/22 Sold $705,000 -2.8% $215 / Sq Ft
09/29/2022 09/29/22 Pending -- -- --
09/29/2022 09/29/22 For Sale $725,000 -- $221 / 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 $2,849 $91,300 $8,600 $82,700
2023 $2,476 $91,300 $8,600 $82,700
2022 $2,487 $91,300 $8,600 $82,700
2021 $2,483 $91,300 $8,600 $82,700
2020 $0 $91,300 $8,600 $82,700
2019 $4,332 $91,300 $8,600 $82,700
2018 $2,486 $91,300 $8,600 $82,700
2017 $2,481 $91,300 $8,600 $82,700
2016 $2,352 $91,300 $8,600 $82,700
2015 $3,869 $91,300 $8,600 $82,700
2014 $1,694 $91,300 $8,600 $82,700
Source: Public Records

Agents Affiliated with this Home

  • Buzz Moran

    Seller's Agent in 2022

    Buzz Moran

    Long & Foster

    (302) 740-6529

    12 in this area

    137 Total Sales

    Buzz Moran
    Section Image
  • Erin Heilig

    Seller Co-Listing Agent in 2022

    Erin Heilig

    Long & Foster

    (484) 356-3138

    5 in this area

    65 Total Sales

    Erin Heilig
    Section Image
  • Nicholas Baldini

    Buyer's Agent in 2022

    Nicholas Baldini

    Patterson Schwartz

    (302) 234-3618

    4 in this area

    108 Total Sales

    Nicholas Baldini
    Section Image
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Map

Source: Bright MLS

MLS Number: DENC2031466

Bright MLS

APN: 26-013.30-219

Delaware New Castle County Wilmington 19806 Highlands

1818 Delaware Ave, Wilmington, DE

Not Listed for Sale

MultiFamily

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