NOT LISTED FOR SALE

216 N Broom St Wilmington, DE 19805

Estimated Value: $249,000 - $253,000

-- Bed
3 Baths
2,025 Sq Ft
$124/Sq Ft Est. Value

Last Sold August 18, 2018

Last sale price $150,000 $74 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,427/month

33 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Heating System Uses Gas
  • Dupont (H.B.) Middle School Rated A
  • Central Air
  • 2-minute walk to Connell Street Park

About This Home

As of August 2018

Also can be purchased together with 214 N Broom Street. See MLS#7200245 This updated large triplex is a cash cow and has produced a positive income for its owners for years. Easy to view, please give 48 hour notice for showings

Last Agent to Sell the Property

Peter Meyer

Meyer & Meyer Realty License #RB-0003304 Listed on: 06/14/2018

Last Buyer's Agent

Yasmin Bowman

Berkshire Hathaway HomeServices PenFed Realty License #RA-0020276

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $970

Year Built

  • Built in 1920

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 22x115

Parking

  • On-Street Parking

Home Design

  • 2,025 Sq Ft Home
  • Triplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Operating Expense $970

Listing and Financial Details

  • Tax Lot 296
  • Assessor Parcel Number 26-034.10-296

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$970

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Remarks Public: Also can be purchased together with 214 N Broom Street. See MLS#7200245 This updated large triplex is a cash cow and has produced a positive income for its owners for years. Easy to view, please give 48 hour notice for showings
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: No
  • Total Sq Ft: 2025
  • Living Area Sq Ft: 2025
  • Price Per Sq Ft: 74.07
  • Above Grade Finished Sq Ft: 2025
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 216

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • 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: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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

Lot Info

  • Improvement Assessed Value: 17800.00
  • Land Assessed Value: 3300.00
  • Lot Size Acres: 0.06
  • Lot Dimensions: 22X115
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Zoning: 26R-3

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 2409032
  • Tax Annual Amount: 970.00
  • Assessor Parcel Number: 26-034.10-296
  • Tax Lot: 296
  • Tax Year: 2017
  • Close Date: 08/18/2018

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2024
Sold by
Chen Tianyi
Bought by
Ty Real Properties Llc-Series 216 N Broom
Current Estimated Value
$250,500

Purchase Details

Listed on
Jun 14, 2018
Closed on
Aug 31, 2018
Sold by
Joshtel Investments Llc
Bought by
Chen Tianyi
Seller's Agent
Peter Meyer
Meyer & Meyer Realty
Buyer's Agent
Yasmin Bowman
Berkshire Hathaway HomeServices PenFed Realty
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.09%
Original Mortgage
$112,500
Interest Rate
4.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 10, 2013
Sold by
Patel Sureshkumar S
Bought by
Joshtel Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 26, 2013
Sold by
Ssp Enterprises Inc
Bought by
Patel Sureshkumar S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 2, 2012
Sold by
Patel Sureshkumar S
Bought by
Ssp Enterprises Inc

Purchase Details

Closed on
Oct 8, 2009
Sold by
Patel Sureshkumar S
Bought by
Patel Sureshkumar S
Source: Public Records

Range of Values:

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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
Ty Real Properties Llc-Series 216 N Broom -- None Listed On Document
Chen Tianyi -- None Available
Joshtel Investments Llc $45,000 None Available
Patel Sureshkumar S -- None Available
Ssp Enterprises Inc -- None Available
Patel Sureshkumar S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ty Real Properties Llc-Series $1,000,000
Previous Owner Chen Tianyi $112,500
Previous Owner Joshtel Investments Llc $115,000
Previous Owner Joshtel Investments Llc $150,000
Previous Owner Patel Sureshkumar S $309,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2018 08/18/18 Sold $150,000 0.0% $74 / Sq Ft
07/17/2018 07/17/18 Pending -- -- --
06/14/2018 06/14/18 For Sale $150,000 -- $74 / 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 $658 $21,100 $3,300 $17,800
2023 $572 $21,100 $3,300 $17,800
2022 $575 $21,100 $3,300 $17,800
2021 $574 $21,100 $3,300 $17,800
2020 $577 $21,100 $3,300 $17,800
2019 $1,001 $21,100 $3,300 $17,800
2018 $267 $21,100 $3,300 $17,800
2017 $391 $21,100 $3,300 $17,800
2016 $391 $21,100 $3,300 $17,800
2015 $391 $21,100 $3,300 $17,800
2014 $391 $21,100 $3,300 $17,800
Source: Public Records

Agents Affiliated with this Home

  • Peter Meyer

    Seller's Agent in 2018

    Peter Meyer

    Meyer & Meyer Realty

    (302) 218-2790

    138 Total Sales

    Section Image
  • Yasmin Bowman

    Buyer's Agent in 2018

    Yasmin Bowman

    BHHS PenFed (actual)

    (302) 438-8667

    63 Total Sales

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Map

Source: Bright MLS

MLS Number: 1001870432

Bright MLS

APN: 26-034.10-296

Delaware New Castle County Wilmington 19805

216 N Broom St, Wilmington, DE

This home is located at 216 N Broom St, Wilmington, DE 19805 since 14 June 2018 and is currently estimated at $251,000, approximately $123 per square foot. This property was built in 1920. 216 N Broom St is a home located in New Castle County with nearby schools including Warner Elementary School, Dupont (H.B.) Middle School, and McKean (Thomas) High School.

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