RENTED JAN 21, 2026

Estimated Value: $130,939 - $166,000

3 Beds
1 Bath
1,300 Sq Ft
$118/Sq Ft Est. Value

Sale Details

Date Sold: September 30, 2021

Last sale price $65,000 $50 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $821 / mo

Highlights

  • Colonial Architecture
  • No HOA
  • Eat-In Kitchen
  • Wood Flooring
  • Porch
  • 5-minute walk to Tatnall Playground/One Love Park

About This Home

As of January 2026

225 Concord Ave is a well-located downtown Wilmington 3-bedroom, 1 full bath rental offering comfortable city living with modern updates and added conveniences. The home features durable LVP flooring throughout, spacious living areas, a functional kitchen, and well-sized bedrooms, along with an unfinished basement ideal for additional storage. Onsite laundry facilities provide everyday convenience, while the fenced-in backyard offers private outdoor space—perfect for relaxing or entertaining—all just minutes from downtown amenities, public transportation, and major commuter routes. Monthly household income must be at least 2.5x the rent. Tenant pays electricity, gas, and a portion of the water bill, with landlord contributing $50 toward monthly water costs. Landlord is a licensed Realtor and accepts housing vouchers.

Last Agent to Rent the Property

Swarna MAREDDY

(844) 837-5274 info@teslarealtygroup.com Tesla Realty Group, LLC Brokerage Phone: 8448375274 License #RS0036911 Listed on: 01/09/2026

Tesla Realty Group, LLC

Last Renter's Agent

Swarna MAREDDY

(844) 837-5274 info@teslarealtygroup.com Tesla Realty Group, LLC Brokerage Phone: 8448375274 License #RS0036911 Listed on: 01/09/2026

Tesla Realty Group, LLC

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1930 | Remodeled in 2025

Lot Details

  • 2,178 Sq Ft Lot
  • Downtown Location
  • Wood Fence

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Flat Roof Shape
  • Brick Foundation
  • Brick Front

Interior Spaces

  • Property has 2 Levels
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Front Loading Dryer
  • Front Loading Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 120/240V
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,850
  • Requires 1 Month of Rent Paid Up Front
  • No Smoking Allowed
  • 12-Month Lease Term
  • Available 1/9/26
  • Assessor Parcel Number 26-022.10-365

Community Details

Overview

  • No Home Owners Association
  • Building Winterized

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Year Built

Built in 1930 | Remodeled in 2025

Lot Details

2,178 Sq Ft Lot

Rental Info

  • Date Available: 2026-01-09
  • Months Rent Up Front: 1.0
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Security Deposit: 1850.00
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Property Manager: No
  • Max Lease in Months: 12
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 1/9/2026 12:00:00 AM
  • Federal Flood Zone: No
  • Year Built: 1930
  • Year Renovated: 2025
  • Automatically Close On Close Date: Yes
  • Building Winterized: Yes
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Microwave, Oven/Range - Gas, Refrigerator, Washer - Front Loading, Water Heater, Dryer - Front Loading
  • Flooring Type: Wood
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Basement, Bedroom 1, Bathroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Basement, Has Laundry
  • Total Sq Ft: 1600
  • Living Area Sq Ft: 1300
  • Price Per Sq Ft: 1.42
  • Above Grade Finished Sq Ft: 1300
  • Below Grade Sq Ft: 300
  • Total Below Grade Sq Ft: 300
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick Front
  • Exterior Features: Sidewalks, Street Lights
  • Road Surface Type: Black Top
  • Roof: Flat
  • Spa: No
  • 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
  • Electric Service: 120/240V
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Fee Information

  • Other Fees Frequency: Unknown

Lot Info

  • Horses: No
  • Fencing: Wood
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Outdoor Living Structures: Porch(es), Roof
  • Zoning: 26R-3

Tax Info

  • Assessor Parcel Number: 26-022.10-365

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2022
Sold by
Swarna Mareddy Llc
Bought by
Ikanaurva Llc
Current Estimated Value
$153,980

Purchase Details

Listed on
Jul 23, 2021
Closed on
Oct 1, 2021
Sold by
L D R P Llc
Bought by
Swarna Mareddy Llc
Seller's Agent
Lynette Scott
Presto Realty Company
Buyer's Agent
Swarna MAREDDY
Tesla Realty Group, LLC
List Price
$75,000
Sold Price
$65,000
Premium/Discount to List
-$10,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.87%

Purchase Details

Closed on
May 7, 2004
Sold by
R & G Property Investors
Bought by
L D R P Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 2003
Sold by
Va
Bought by
R & G Property Investors

Purchase Details

Closed on
Jun 24, 2003
Sold by
Harris Edward B and Harris Edward B
Bought by
Va
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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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
Ikanaurva Llc -- None Listed On Document
Swarna Mareddy Llc $65,000 None Available
L D R P Llc $73,000 --
R & G Property Investors -- --
Va $13,220 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner L D R P Llc $58,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/21/2026 01/21/26 Rented $1,850 0.0% --
01/09/2026 01/09/26 For Rent $1,850 0.0% --
02/01/2025 02/01/25 Rented $1,850 0.0% --
01/16/2025 01/16/25 Under Contract -- -- --
12/19/2024 12/19/24 For Rent $1,850 0.0% --
09/30/2021 09/30/21 Sold $65,000 -13.3% $50 / Sq Ft View Prior Sale
09/25/2021 09/25/21 Price Changed $75,000 0.0% $58 / Sq Ft
09/01/2021 09/01/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $75,000 -- $58 / Sq Ft
Source: Bright MLS

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
2025 -- $190,500 $39,600 $150,900
2024 $123 $30,000 $3,400 $26,600
2023 $814 $30,000 $3,400 $26,600
2022 $817 $30,000 $3,400 $26,600
2021 $816 $30,000 $3,400 $26,600
2020 $0 $30,000 $3,400 $26,600
2019 $599 $30,000 $3,400 $26,600
2018 $575 $30,000 $3,400 $26,600
2017 $557 $30,000 $3,400 $26,600
2016 $557 $30,000 $3,400 $26,600
2015 $1,271 $30,000 $3,400 $26,600
2014 $557 $30,000 $3,400 $26,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2094016

Bright MLS

APN: 26-022.10-365

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