NOT LISTED FOR SALE

228 E 35th St Wilmington, DE 19802

Estimated Value: $110,000 - $212,469

2 Beds
1.5 Baths
1,075 Sq Ft
$150/Sq Ft Est. Value

Last Sold February 12, 2021

Last sale price $75,000 $70 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $1,027/month

421 Days on Market

Highlights

  • No HOA
  • Central Air
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Heat Pump System

About This Home

As of February 2021

A must-see, beautiful two-story property strategically-located in Wilmington. It has two bedrooms, one-and-a-half baths. There is a nice deck in the backyard. The roof was just installed in 2018. Furnace and AC replaced in August 2019. The main floor consists of a dining room, kitchen, and living room with access that leads to the backyard. It is a walking distance to the North Wilmington Branch library and community park in the popular Eastlawn area. This is an end-unit townhouse. The property next to this is also for sale (226 E 35th street) You can buy both properties if you are an investor or would like to live in one unit and rent out the other one. They are both being sold As-Is You have the opportunity to own your own home for not much more than you pay for rent. So why rent when you can be a homeowner? The tenant is currently paying $900 a month. The lease expires on 7/31/21. It is also a great buy for investors who are looking to build a steady flow of cash in the form of rental income, long-term financial security, tax benefits, etc. As an investor, you are able to generate wealth through appreciation and building equity.

Last Agent to Sell the Property

Esther Olatunji

Keller Williams Realty License #RS-0022744 Listed on: 11/22/2019

Keller Williams Realty

Last Buyer's Agent

Doris Shorts

RE/MAX Associates - Newark License #RS353483

RE/MAX Associates - Newark

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1987

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 28.00 x 90.00

Parking

  • Off-Street Parking

Home Design

  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,075 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Edgemoor Subdivision

Listing and Financial Details

  • Tax Lot 140
  • Assessor Parcel Number 26-023.20-140

Townhouse Details

Home Type

Townhome

Year Built

Built in 1987

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
  • Expected On Market: 2019-11-22
  • Year Built: 1987
  • Automatically Close On Close Date: No
  • Remarks Public: A must-see, beautiful two-story property strategically-located in Wilmington. It has two bedrooms, one-and-a-half baths. There is a nice deck in the backyard. The roof was just installed in 2018. Furnace and AC replaced in August 2019. The main floor consists of a dining room, kitchen, and living room with access that leads to the backyard. It is a walking distance to the North Wilmington Branch library and community park in the popular Eastlawn area. This is an end-unit townhouse. The property next to this is also for sale (226 E 35th street) You can buy both properties if you are an investor or would like to live in one unit and rent out the other one. They are both being sold As-Is You have the opportunity to own your own home for not much more than you pay for rent. So why rent when you can be a homeowner? The tenant is currently paying $900 a month. The lease expires on 7/31/21. It is also a great buy for investors who are looking to build a steady flow of cash in the form of rental income, long-term financial security, tax benefits, etc. As an investor, you are able to generate wealth through appreciation and building equity.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Refrigerator, Microwave
  • Interior Amenities: Ceiling Fan(s)
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Kitchen
  • Basement: No
  • Total Sq Ft: 1075
  • Living Area Sq Ft: 1075
  • Price Per Sq Ft: 102.33
  • Above Grade Finished Sq Ft: 1075
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 228

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Aluminum Siding
  • Exterior Features: Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • 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: BRANDYWINE
  • School District Key: 300200396892
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 42600.00
  • Land Assessed Value: 4300.00
  • Lot Size Acres: 0.06
  • Lot Dimensions: 28.00 x 90.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Year Assessed: 2020
  • Zoning: 26R-3
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2401826
  • School Tax: 1271.00
  • Tax Annual Amount: 2261.00
  • Assessor Parcel Number: 26-023.20-140
  • Tax Lot: 140
  • Tax Total Finished Sq Ft: 1075
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 02/12/2021

MLS Schools

  • School District Name: BRANDYWINE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2019
Closed on
Feb 11, 2021
Sold by
Htj Investing Llc
Bought by
Bjt Capital Llc
Seller's Agent
Esther Olatunji
Keller Williams Realty
Buyer's Agent
Doris Shorts
RE/MAX Associates - Newark
List Price
$115,000
Sold Price
$75,000
Premium/Discount to List
-$40,000
-34.78%
Total Days on Market
421
Current Estimated Value
$161,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,117
Avg. Annual Appreciation
19.31%

Purchase Details

Closed on
Jul 23, 2009
Sold by
Renovation Station Group Llc
Bought by
Htj Investing Llc

Purchase Details

Closed on
Jun 29, 2009
Sold by
Wells Fargo Bank Na
Bought by
Renovation Station Group Llc

Purchase Details

Closed on
Jun 2, 2009
Sold by
Reed Stephen T and Reed Jaquita D
Bought by
Wells Fargo Bank Na and Argent Mortgage Company Llc

Purchase Details

Closed on
Nov 3, 2004
Sold by
Reed Stephen T
Bought by
Reed Stephen T and Reed Jaquita D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Bjt Capital Llc -- None Available
Htj Investing Llc -- None Available
Renovation Station Group Llc $43,500 None Available
Wells Fargo Bank Na $90,464 None Available
Reed Stephen T -- --
Reed Stephen T $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Htj Investing Llc $65,000
Previous Owner Reed Stephen T $15,836
Previous Owner Reed Stephen T $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2021 02/12/21 Sold $75,000 -31.8% $70 / Sq Ft
01/17/2021 01/17/21 Pending -- -- --
06/07/2020 06/07/20 Price Changed $110,000 -4.3% $102 / Sq Ft
05/15/2020 05/15/20 For Sale $115,000 +53.3% $107 / Sq Ft
03/31/2020 03/31/20 Off Market $75,000 -- --
11/22/2019 11/22/19 For Sale $115,000 -- $107 / 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 $1,515 $46,900 $4,300 $42,600
2023 $1,375 $46,900 $4,300 $42,600
2022 $1,391 $46,900 $4,300 $42,600
2021 $1,388 $46,900 $4,300 $42,600
2020 $1,391 $46,900 $4,300 $42,600
2019 $2,334 $46,900 $4,300 $42,600
2018 $1,590 $46,900 $4,300 $42,600
2017 $2,204 $46,900 $4,300 $42,600
2016 $2,204 $46,900 $4,300 $42,600
2015 $2,081 $46,900 $4,300 $42,600
2014 $2,080 $46,900 $4,300 $42,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC490752

Bright MLS

APN: 26-023.20-140