NOT LISTED FOR SALE

224 Cherry St Wilmington, DE 19805

Estimated Value: $82,000 - $121,000

2 Beds
1 Bath
775 Sq Ft
$129/Sq Ft Est. Value

Last Sold January 26, 2023

Last sale price $75,000 $97 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $581/month

8 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 2-minute walk to Adams Street Courts

About This Home

As of January 2023

Property is tenant occupied.
Showings are currently limited to Sundays between the hours of 12noon and 3pm
Please be advised, 48 hours' notice is required for all showings

Last Agent to Sell the Property

Dennis Ezeogu

English Realty License #RS-0025972 Listed on: 12/27/2022

Last Buyer's Agent

Amanda Fales

Compass License #RS359811

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $343

Year Built

  • Built in 1890

Lot Details

  • 871 Sq Ft Lot
  • Lot Dimensions are 11.60 x 60.00

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 775 Sq Ft Home
  • Property has 2 Levels
  • Basement

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater
  • No Septic System

Community Details

  • No Home Owners Association
  • Wilmington Subdivision

Listing and Financial Details

  • Tax Lot 021
  • Assessor Parcel Number 26-034.40-021

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$343

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-12-27
  • Federal Flood Zone: No
  • Year Built: 1890
  • Automatically Close On Close Date: No
  • Remarks Public: Property is tenant occupied. Showings are currently limited to Sundays between the hours of 12noon and 3pm Please be advised, 48 hours' notice is required for all showings
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Total Sq Ft: 775
  • Living Area Sq Ft: 775
  • Price Per Sq Ft: 96.77
  • Above Grade Finished Sq Ft: 775
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 224

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below 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
  • Type Of Parking: On Street

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: RED CLAY CONSOLIDATED
  • School District Key: 300200396545
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 6000.00
  • Land Assessed Value: 1500.00
  • Lot Size Acres: 0.02
  • Lot Dimensions: 11.60 x 60.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 871.00
  • Year Assessed: 2022
  • Zoning: 26R-3
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 2410664
  • School Tax: 185.00
  • Tax Annual Amount: 343.00
  • Assessor Parcel Number: 26-034.40-021
  • Tax Lot: 021
  • Tax Total Finished Sq Ft: 775
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 01/26/2023

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2022
Closed on
Jan 26, 2023
Sold by
Wilson Jermaine
Bought by
Arguelles Juan
Seller's Agent
Dennis Ezeogu
English Realty
Buyer's Agent
Amanda Fales
Compass
List Price
$65,000
Sold Price
$75,000
Premium/Discount to List
$10,000
15.38%
Total Days on Market
8
Views
32
Current Estimated Value
$100,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,285
Avg. Annual Appreciation
13.10%

Purchase Details

Listed on
Jan 30, 2022
Closed on
Feb 28, 2022
Sold by
Hua Li Dong
Bought by
Wilson Jermaine
Seller's Agent
Ed Lucus
ELM Properties
Buyer's Agent
Dennis Ezeogu
English Realty
List Price
$49,900
Sold Price
$49,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.48%

Purchase Details

Listed on
Jun 12, 2017
Closed on
Jul 21, 2017
Sold by
Greenhill Real Estate Llc
Bought by
Li Dong Hua and Li Dong Qiang
Seller's Agent
Renee Spruiel
RE/MAX Associates-Wilmington
Buyer's Agent
Renee Spruiel
RE/MAX Associates-Wilmington
List Price
$35,000
Sold Price
$20,000
Premium/Discount to List
-$15,000
-42.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.94%

Purchase Details

Closed on
Jun 14, 2007
Sold by
Phelan Mary Frances and Banner Rima L
Bought by
Greenhill Real Estate Llc
Source: Public Records

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Range of Values:

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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
Arguelles Juan -- --
Wilson Jermaine -- Losco & Marconi Pa
Li Dong Hua -- None Available
Greenhill Real Estate Llc $47,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Greenhill Real Estate Llc $65,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2023 01/26/23 Sold $75,000 0.0% $97 / Sq Ft
01/04/2023 01/04/23 Price Changed $75,000 +15.4% $97 / Sq Ft
12/27/2022 12/27/22 For Sale $65,000 +30.3% $84 / Sq Ft
02/28/2022 02/28/22 Sold $49,900 0.0% $64 / Sq Ft
01/30/2022 01/30/22 For Sale $49,900 +149.5% $64 / Sq Ft
07/21/2017 07/21/17 Sold $20,000 -42.9% $26 / Sq Ft
06/12/2017 06/12/17 For Sale $35,000 -- $45 / 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 $234 $7,500 $1,500 $6,000
2023 $201 $7,500 $1,500 $6,000
2022 $204 $7,500 $1,500 $6,000
2021 $204 $7,500 $1,500 $6,000
2020 $205 $7,500 $1,500 $6,000
2019 $356 $7,500 $1,500 $6,000
2018 $1,327 $7,500 $1,500 $6,000
2017 $332 $7,500 $1,500 $6,000
2016 $332 $7,500 $1,500 $6,000
2015 $318 $7,500 $1,500 $6,000
2014 $302 $7,500 $1,500 $6,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2035958

Bright MLS

APN: 26-034.40-021