NOT LISTED FOR SALE

224 N Lincoln St Wilmington, DE 19805

Estimated Value: $113,000 - $213,000

3 Beds
2 Baths
1,198 Sq Ft
$144/Sq Ft Est. Value

Last Sold July 05, 2018

Last sale price $105,000 $88 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $976/month

Highlights

  • No HOA
  • Balcony
  • En-Suite Primary Bedroom
  • Dupont (H.B.) Middle School Rated A
  • Living Room
  • 3-minute walk to William Judy Johnson Memorial Park

About This Home

As of July 2018

Why would you bother renting when you can own this fantastic home for less? Yup, you heard me right. This home is eligible for a special grant program that can provide qualified owner occupants up to $5000 for closing costs, down payment and other out of pocket expenses. AND, if you're a City of Wilmington employee, you are eligible for up to $4,000 more! You can rest assure too that you are buying a great home that was rehabbed from top to bottom with all new appliances and mechanicals.

Last Agent to Sell the Property

Michael Mazur

(609) 338-3024 michael.mazur@compass.com Compass Listed on: 02/05/2018

Compass

Last Buyer's Agent

Kimberly Speller

(267) 968-0178 spellerkimberly@yahoo.com Realty Mark Associates-Newark

Realty Mark Associates-Newark

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,154

Year Built

  • Built in 1919 | Remodeled in 2017

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 16x90
  • Back Yard
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Shingle Roof
  • Shingle Siding
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • Family Room
  • Living Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Self-Cleaning Oven
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • 100 Amp Service
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Wilm #23 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 26-026.40-233

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,154

Year Built

Built in 1919 | Remodeled in 2017

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1919
  • Year Renovated: 2017
  • Remarks Public: Why would you bother renting when you can own this fantastic home for less? Yup, you heard me right. This home is eligible for a special grant program that can provide qualified owner occupants up to $5000 for closing costs, down payment and other out of pocket expenses. AND, if you're a City of Wilmington employee, you are eligible for up to $4,000 more! You can rest assure too that you are buying a great home that was rehabbed from top to bottom with all new appliances and mechanicals.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Oven - Self Cleaning, Dishwasher
  • Flooring Type: Fully Carpeted, Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Entry Location: Living Room
  • Levels Count: 2
  • Room Count: 5
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Main Floor
  • Street Number Modifier: 224

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding, Brick, Shingle Siding
  • Access To Pool: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Flat, Shingle
  • 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
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • 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
  • Senior Community: No

Schools

  • School District: RED CLAY CONSOLIDATED
  • School District Key: 300200396545

Lot Info

  • Lot Features: Level, Rear Yard
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16X90
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Outdoor Living Structures: Balcony
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: 26R-4

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2403007
  • Tax Annual Amount: 1154.00
  • Assessor Parcel Number: 26-026.40-233
  • Tax Year: 2017
  • Close Date: 07/05/2018

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2018
Closed on
Jul 5, 2018
Sold by
Taransabry Llc
Bought by
Gasby Lisa
Seller's Agent
Michael Mazur
Compass
Buyer's Agent
Kimberly Speller
Realty Mark Associates-Newark
List Price
$100,000
Sold Price
$105,000
Premium/Discount to List
$5,000
5%
Current Estimated Value
$171,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,943
Avg. Annual Appreciation
7.05%
Original Mortgage
$103,098
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 14, 2017
Sold by
Us Bank National Associaion
Bought by
Taransabry Llc

Purchase Details

Closed on
May 13, 2003
Sold by
Hopkins Gary T and Hopkins Constance L
Bought by
Trimble Shane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,400
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Gasby Lisa $105,000 None Available
Taransabry Llc $25,000 None Available
Trimble Shane $76,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gasby Lisa $103,098
Previous Owner Trimble Shane $68,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2018 07/05/18 Sold $105,000 +5.0% $88 / Sq Ft
06/16/2018 06/16/18 For Sale $100,000 0.0% $83 / Sq Ft
05/25/2018 05/25/18 Pending -- -- --
04/09/2018 04/09/18 Price Changed $100,000 -4.3% $83 / Sq Ft
03/30/2018 03/30/18 Price Changed $104,500 -0.5% $87 / Sq Ft
03/26/2018 03/26/18 Price Changed $105,000 0.0% $88 / Sq Ft
03/26/2018 03/26/18 For Sale $105,000 0.0% $88 / Sq Ft
03/02/2018 03/02/18 Pending -- -- --
02/22/2018 02/22/18 Price Changed $104,999 -4.5% $88 / Sq Ft
02/05/2018 02/05/18 For Sale $109,900 -- $92 / 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 $783 $25,100 $2,800 $22,300
2023 $466 $25,100 $2,800 $22,300
2022 $684 $25,100 $2,800 $22,300
2021 $683 $25,100 $2,800 $22,300
2020 $687 $25,100 $2,800 $22,300
2019 $1,131 $25,100 $2,800 $22,300
2018 $683 $25,100 $2,800 $22,300
2017 $682 $25,100 $2,800 $22,300
2016 $641 $25,100 $2,800 $22,300
2015 $1,064 $25,100 $2,800 $22,300
2014 $1,010 $25,100 $2,800 $22,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000113072

Bright MLS

APN: 26-026.40-233