NOT LISTED FOR SALE

1903 W 8th St Wilmington, DE 19805

Little Italy Neighborhood

Estimated Value: $226,176 - $271,000

-- Bed
2 Baths
1,575 Sq Ft
$154/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $180,000 $114 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,460/month

Highlights

  • Colonial Architecture
  • No HOA
  • 2-minute walk to Father Tucker Memorial Park
  • Dupont (H.B.) Middle School Rated A
  • Hot Water Heating System

About This Home

As of February 2021

TURN-KEY INVESTMENT. Great Little Italy duplex with two large 1BR units. Both units feature in-unit laundry, separately metered heat and electric, and granite countertops. Two brand new boilers in Fall 2019. This building is professionally managed and both tenants were professionally vetted (and plan to stay). Owner is only responsible for taxes, insurance, and water/sewer. Great addition to any rental portfolio! Showings will be restricted to Wednesday and Saturday afternoons from 12-4PM in consideration of tenants. Please note that tenants work from home, and may be present during showings. Basement access is in the kitchen of the first floor unit. Second floor tenant has a cat, please keep the door closed behind you.

Last Listed By

PATRICK D. LORENZ

Patterson-Schwartz - Greenville Listed on: 01/21/2021

Patterson-Schwartz - Greenville

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,790

Year Built

  • Built in 1900

Lot Details

  • 1,742 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 1,575 Sq Ft Home
  • Duplex
  • Colonial Architecture
  • Masonry

Utilities

  • Window Unit Cooling System
  • Radiator
  • Hot Water Heating System
  • Electric Water Heater

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association
  • 2 Units
  • Little Italy Subdivision

Listing and Financial Details

  • Assessor Parcel Number 26-019.40-193

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,790

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Tenant's personal property
  • Inclusions: All appliances
  • New Construction: No
  • Year Built: 1900
  • Remarks Public: TURN-KEY INVESTMENT. Great Little Italy duplex with two large 1BR units. Both units feature in-unit laundry, separately metered heat and electric, and granite countertops. Two brand new boilers in Fall 2019. This building is professionally managed and both tenants were professionally vetted (and plan to stay). Owner is only responsible for taxes, insurance, and water/sewer. Great addition to any rental portfolio! Showings will be restricted to Wednesday and Saturday afternoons from 12-4PM in consideration of tenants. Please note that tenants work from home, and may be present during showings. Basement access is in the kitchen of the first floor unit. Second floor tenant has a cat, please keep the door closed behind you.
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Living Area Units: Square Feet
  • Total Sq Ft: 1575
  • Living Area Sq Ft: 1575
  • Price Per Sq Ft: 117.46
  • Above Grade Finished Sq Ft: 1575
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1903

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Exterior Features: Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • 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: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water, Radiator
  • 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
  • School District Key: 300200396545
  • School District Source: Listing Agent

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Zoning: R3
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 2397348
  • Tax Annual Amount: 1790.00
  • Assessor Parcel Number: 26-019.40-193
  • Tax Year: 2020
  • Close Date: 02/26/2021

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2021
Closed on
Feb 23, 2021
Sold by
Tursi Gabriel M
Bought by
Copson Stephen D and Copson Alexis A
Seller's Agent
PATRICK D. LORENZ
Patterson-Schwartz - Greenville
Buyer's Agent
PATRICK D. LORENZ
Patterson-Schwartz - Greenville
List Price
$185,000
Sold Price
$180,000
Premium/Discount to List
-$5,000
-2.7%
Current Estimated Value
$242,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,725
Avg. Annual Appreciation
6.28%
Original Mortgage
$135,000
Outstanding Balance
$123,468
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$109,584

Purchase Details

Listed on
Mar 20, 2016
Closed on
Jul 15, 2016
Sold by
New Amstel Properties Llc
Bought by
Tursi Gabriel M
Seller's Agent
Anthony Borleis
RE/MAX Point Realty
Buyer's Agent
PATRICK D. LORENZ
Patterson-Schwartz - Greenville
List Price
$134,900
Sold Price
$135,000
Premium/Discount to List
$100
0.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.42%
Original Mortgage
$132,554
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 12, 2004
Sold by
Walker William L
Bought by
New Amstel Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,800
Interest Rate
4.07%
Mortgage Type
Purchase Money Mortgage

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
Copson Stephen D -- None Available
Tursi Gabriel M $135,000 None Available
New Amstel Properties Llc $131,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Copson Stephen D $135,000
Previous Owner Tursi Gabriel M $132,554
Previous Owner New Amstel Properties Llc $104,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $180,000 -2.7% $114 / Sq Ft
01/21/2021 01/21/21 For Sale $185,000 +37.0% $117 / Sq Ft
01/18/2021 01/18/21 Pending -- -- --
07/15/2016 07/15/16 Sold $135,000 +0.1% $86 / Sq Ft
03/25/2016 03/25/16 Pending -- -- --
03/20/2016 03/20/16 For Sale $134,900 -- $86 / 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 $1,217 $39,000 $4,500 $34,500
2023 $1,058 $39,000 $4,500 $34,500
2022 $1,062 $39,000 $4,500 $34,500
2021 $1,061 $39,000 $4,500 $34,500
2020 $1,067 $39,000 $4,500 $34,500
2019 $1,851 $39,000 $4,500 $34,500
2018 $335 $39,000 $4,500 $34,500
2017 $1,005 $39,000 $4,500 $34,500
2016 $1,005 $39,000 $4,500 $34,500
2015 $1,653 $39,000 $4,500 $34,500
2014 $1,569 $39,000 $4,500 $34,500
Source: Public Records

Agents Affiliated with this Home

  • PATRICK D. LORENZ

    Seller's Agent in 2021

    PATRICK D. LORENZ

    Patterson Schwartz

    (302) 429-4500

    8 in this area

    85 Total Sales

    PATRICK D. LORENZ
    Section Image
  • Anthony Borleis

    Seller's Agent in 2016

    Anthony Borleis

    RE/MAX

    (302) 740-2310

    92 Total Sales

    Anthony Borleis
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DENC519786

Bright MLS

APN: 26-019.40-193

Delaware New Castle County Wilmington 19805 Little Italy

1903 W 8th St, Wilmington, DE

Homes for Sale in Wilmington, DE

This home is located at 1903 W 8th St, Wilmington, DE 19805 since 21 January 2021 and is currently estimated at $242,725, approximately $154 per square foot. This property was built in 1900. 1903 W 8th St is a home located in New Castle County with nearby schools including Warner Elementary School, Dupont (H.B.) Middle School, and Alexis I. du Pont High School.

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