NOT LISTED FOR SALE

220 Cherry St Wilmington, DE 19805

Estimated Value: $95,000 - $127,000

2 Beds
1 Bath
700 Sq Ft
$165/Sq Ft Est. Value

Last Sold May 25, 2012

Last sale price $15,000 $21 Per Sq Ft

Est. 715% increase in value since last sale

Current estimated payment $652/month

62 Days on Market

Highlights

  • Straight Thru Architecture
  • Living Room
  • Hot Water Heating System
  • No HOA
  • Dining Room
  • 2-minute walk to Adams Street Courts

About This Home

As of May 2012

Bank owned property being sold AS-IS. Two bedroom brick townhouse. Seller has never lived in the property. Proof of funds must be submited with all cash offers or pre-approval with finance offers.

Last Agent to Sell the Property

Jeff Stape

(302) 202-9855 jeff.stape@compass.com Compass License #RB0001709 Listed on: 03/14/2012

Compass

Last Buyer's Agent

Jeff Stape

(302) 202-9855 jeff.stape@compass.com Compass License #RB0001709 Listed on: 03/14/2012

Compass

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1890

Lot Details

  • 871 Sq Ft Lot
  • Lot Dimensions are 12x60

Parking

  • On-Street Parking

Home Design

  • Straight Thru Architecture
  • Brick Exterior Construction

Interior Spaces

  • 700 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Laundry in Basement

Utilities

  • Heating System Uses Gas
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 023
  • Assessor Parcel Number 26-034.40-023

Townhouse Details

Home Type

Townhome

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Basement
  • Total Sq Ft: 700
  • Living Area Sq Ft: 700
  • Net Sq Ft: 700.00
  • Price Per Sq Ft: 21.14
  • Above Grade Finished Sq Ft: 700
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • 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
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water
  • 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

Lot Info

  • Improvement Assessed Value: 5700.00
  • Land Assessed Value: 1500.00
  • Lot Size Acres: 0.02
  • Lot Dimensions: 12X60
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 871.00
  • Zoning: 26R-3

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2410666
  • Tax Annual Amount: 275.00
  • Assessor Parcel Number: 26-034.40-023
  • Tax Lot: 023
  • Tax Year: 2011

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2012
Closed on
May 16, 2012
Sold by
U S Bank National Association
Bought by
Magnet Realty Inc
Seller's Agent
Jeff Stape
Compass
Buyer's Agent
Jeff Stape
Compass
List Price
$19,800
Sold Price
$15,000
Premium/Discount to List
-$4,800
-24.24%
Current Estimated Value
$122,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,223
Avg. Annual Appreciation
16.11%

Purchase Details

Closed on
Mar 12, 2012
Sold by
Newton Mark
Bought by
Us Bank National Association

Purchase Details

Closed on
Nov 13, 2006
Sold by
Reyes Milagros
Bought by
Newton Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,750
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 2005
Sold by
Rodriquez Juan
Bought by
Reyes Milagros
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Magnet Realty Inc $15,000 None Available
Us Bank National Association $20,000 None Available
Newton Mark $76,000 None Available
Reyes Milagros -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Newton Mark $75,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2012 05/25/12 Sold $15,000 +1.4% $21 / Sq Ft
05/16/2012 05/16/12 Price Changed $14,800 -1.3% $21 / Sq Ft
05/15/2012 05/15/12 Pending -- -- --
04/23/2012 04/23/12 Pending -- -- --
04/20/2012 04/20/12 Off Market $15,000 -- --
04/11/2012 04/11/12 Price Changed $14,800 -25.3% $21 / Sq Ft
03/14/2012 03/14/12 For Sale $19,800 -- $28 / 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 $225 $7,200 $1,500 $5,700
2023 $195 $7,200 $1,500 $5,700
2022 $196 $7,200 $1,500 $5,700
2021 $2,743 $7,200 $1,500 $5,700
2020 $230 $7,200 $1,500 $5,700
2019 $342 $7,200 $1,500 $5,700
2018 $196 $7,200 $1,500 $5,700
2017 $196 $7,200 $1,500 $5,700
2016 $1,022 $7,200 $1,500 $5,700
2015 $305 $7,200 $1,500 $5,700
2014 $290 $7,200 $1,500 $5,700
Source: Public Records

Agents Affiliated with this Home

  • Jeff Stape

    Seller's Agent in 2012

    Jeff Stape

    Compass

    (302) 202-9855

    289 Total Sales

    Jeff Stape
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003884524

Bright MLS

APN: 26-034.40-023

Delaware New Castle County Wilmington 19805

220 Cherry St, Wilmington, DE

Not Listed for Sale

Townhouses

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