NOT LISTED FOR SALE

228 Franklin St Delaware City, DE 19706

Estimated Value: $170,000 - $272,000

3 Beds
2 Baths
1,275 Sq Ft
$180/Sq Ft Est. Value

Last Sold March 01, 2024

Last sale price $262,500 $206 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $1,271/month

64 Days on Market

Highlights

  • Water Oriented
  • Colonial Architecture
  • Living Room
  • Home fronts a canal
  • No HOA
  • Laundry Room

About This Home

As of March 2024

Through no fault of the seller, this beautiful home is back on the market! Welcome to a piece of history seamlessly blended with modern elegance in the heart of Delaware City! This charming residence, built in the 1890s, stands as a testament to timeless architecture, now harmoniously paired with contemporary comforts. Nestled in this quaint town with picturesque water views, this home exudes character and offers a unique glimpse into the past. Step inside and be greeted by a carefully renovated interior that effortlessly marries the charm of yesteryear with the conveniences of today. The brand-new kitchen is a chef's dream, boasting shaker cabinets, pristine countertops with an undermount sink, and modern appliances that effortlessly complement the historic charm. The main floor offers the convenience of laundry facilities, while the newly installed luxury vinyl plank flooring enhances the aesthetic appeal. Ascend to the second story, where plush carpeting underfoot provides a cozy atmosphere. The view from the windows transports you to a bygone era, overlooking the charming canal that leads to the majestic Delaware River. Imagine sipping your morning coffee while enjoying the tranquil waterscape. Every corner of this home has been carefully revitalized, from the brand-new roof to the updated electric and plumbing systems. The introduction of a cutting-edge mini-split system ensures comfort year-round, seamlessly blending with the historic ambiance. The two new bathrooms boast quartz vanities, adding a touch of sophistication to the living space. Admire the faux fireplace with a custom mantle and brick surround, a centerpiece that adds warmth and character. Original doors have been lovingly restored, and exposed beams in the ceiling evoke a sense of nostalgia. Built-in shelves and thoughtful details, such as a barn door in the second bedroom, contribute to the overall charm. The Primary bedroom beckons with a double-door, generously sized closet, offering both elegance and functionality. This home is not just a residence; it's a story waiting to be lived.vFor those seeking immediate occupancy in a home that has been meticulously rehabbed from top to bottom, this property is the answer. The new buyer will undoubtedly be captivated by the seamless fusion of history and modernity. There is boating access to the Delaware River and a public ramp. Don't miss the opportunity to own a piece of Delaware City's rich heritage – a home where the past meets the present with unparalleled grace. Your new chapter begins here.

Last Agent to Sell the Property

Andrew White

awhite@lnf.com Compass License #RS-325050 Listed on: 11/27/2023

Compass

Last Buyer's Agent

Michele Vella

(888) 772-4323 mvellahome@gmail.com RE/MAX Associates-Wilmington License #RS-180009L

RE/MAX Associates-Wilmington

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $752

Year Built

  • Built in 1890

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 24.60 x 104.00
  • Home fronts a canal

Parking

  • On-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • Colonial Architecture
  • Stone Foundation
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,275 Sq Ft Home
  • Property has 3 Levels
  • Living Room
  • Dining Room
  • Water Views
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Water Oriented
  • Property is near a canal

Location

  • Flood Risk

Utilities

  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Delaware City Subdivision

Listing and Financial Details

  • Tax Lot 106
  • Assessor Parcel Number 22-009.00-106

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$752

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: personal property
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1890
  • Automatically Close On Close Date: Yes
  • Remarks Public: Through no fault of the seller, this beautiful home is back on the market! Welcome to a piece of history seamlessly blended with modern elegance in the heart of Delaware City! This charming residence, built in the 1890s, stands as a testament to timeless architecture, now harmoniously paired with contemporary comforts. Nestled in this quaint town with picturesque water views, this home exudes character and offers a unique glimpse into the past. Step inside and be greeted by a carefully renovated interior that effortlessly marries the charm of yesteryear with the conveniences of today. The brand-new kitchen is a chef's dream, boasting shaker cabinets, pristine countertops with an undermount sink, and modern appliances that effortlessly complement the historic charm. The main floor offers the convenience of laundry facilities, while the newly installed luxury vinyl plank flooring enhances the aesthetic appeal. Ascend to the second story, where plush carpeting underfoot provides a cozy atmosphere. The view from the windows transports you to a bygone era, overlooking the charming canal that leads to the majestic Delaware River. Imagine sipping your morning coffee while enjoying the tranquil waterscape. Every corner of this home has been carefully revitalized, from the brand-new roof to the updated electric and plumbing systems. The introduction of a cutting-edge mini-split system ensures comfort year-round, seamlessly blending with the historic ambiance. The two new bathrooms boast quartz vanities, adding a touch of sophistication to the living space. Admire the faux fireplace with a custom mantle and brick surround, a centerpiece that adds warmth and character. Original doors have been lovingly restored, and exposed beams in the ceiling evoke a sense of nostalgia. Built-in shelves and thoughtful details, such as a barn door in the second bedroom, contribute to the overall charm. The Primary bedroom beckons with a double-door, generously sized closet, offering both elegance and functionality. This home is not just a residence; it's a story waiting to be lived.vFor those seeking immediate occupancy in a home that has been meticulously rehabbed from top to bottom, this property is the answer. The new buyer will undoubtedly be captivated by the seamless fusion of history and modernity. There is boating access to the Delaware River and a public ramp. Don't miss the opportunity to own a piece of Delaware City's rich heritage – a home where the past meets the present with unparalleled grace. Your new chapter begins here.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Laundry
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Main Floor
  • Total Sq Ft: 1275
  • Living Area Sq Ft: 1275
  • Price Per Sq Ft: 207.84
  • Above Grade Finished Sq Ft: 1275
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 228

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Aluminum Siding
  • View: Water
  • Water Access: No
  • Water Body Type: Canal
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Baseboard - Electric
  • 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: COLONIAL
  • School District Key: 300200396891
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 24.60 x 104.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Year Assessed: 2022
  • Zoning: 22R-1
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 441.00
  • Tax Annual Amount: 752.00
  • Assessor Parcel Number: 22-009.00-106
  • Tax Lot: 106
  • Tax Total Finished Sq Ft: 1275
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 03/01/2024

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2023
Closed on
Mar 8, 2024
Sold by
Forrest Eppelina and Forrest Theodore
Bought by
Connell Kelly Morgan and Marucci Jordan
Seller's Agent
Andrew White
Compass
Buyer's Agent
Michele Vella
RE/MAX Associates-Wilmington
List Price
$279,900
Sold Price
$262,500
Premium/Discount to List
-$17,400
-6.22%
Views
256
Current Estimated Value
$229,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,825
Avg. Annual Appreciation
-10.85%
Original Mortgage
$257,744
Outstanding Balance
$253,997
Interest Rate
6.69%
Mortgage Type
FHA
Estimated Equity
-$34,315

Purchase Details

Listed on
Sep 26, 2022
Closed on
Jan 18, 2023
Sold by
Lb-Cabana Properties Iv Llc
Bought by
Forrest Eppelina and Forrest Theodore
Seller's Agent
Mark Levering
Patterson-Schwartz-Dover
Buyer's Agent
Andrew White
Compass
List Price
$119,900
Sold Price
$100,000
Premium/Discount to List
-$19,900
-16.6%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
136.71%

Purchase Details

Closed on
Oct 19, 2022
Sold by
Lb-Cabana Series Iv Trust
Bought by
Lb-Cabana Properties Iv Llc

Purchase Details

Closed on
Jul 31, 2022
Sold by
County Of New Castle
Bought by
Lb-Cabana Series Iv Trust

Purchase Details

Closed on
Nov 1, 2016
Sold by
Parker Laura
Bought by
Parker Earl

Purchase Details

Closed on
Oct 31, 2005
Sold by
Hartwell George E
Bought by
Parker Earl T and Parker Laura L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,920
Interest Rate
8.09%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 3, 2003
Sold by
Tait John C
Bought by
Hartwell George E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2002
Sold by
Thompson Dennis Leone
Bought by
Tait John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
6.85%
Mortgage Type
Balloon
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
Connell Kelly Morgan -- None Listed On Document
Forrest Eppelina $100,000 --
Lb-Cabana Properties Iv Llc -- --
Lb-Cabana Series Iv Trust $5,145,000 --
Parker Earl -- None Available
Parker Earl T $129,900 --
Hartwell George E $110,000 --
Tait John C $48,160 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Connell Kelly Morgan $257,744
Previous Owner Parker Earl T $158,130
Previous Owner Parker Earl T $103,920
Previous Owner Parker Earl T $25,980
Previous Owner Hartwell George E $99,000
Previous Owner Tait John C $53,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2024 03/01/24 Sold $262,500 -0.9% $206 / Sq Ft
01/27/2024 01/27/24 Price Changed $265,000 -1.8% $208 / Sq Ft
01/18/2024 01/18/24 Price Changed $269,900 -3.6% $212 / Sq Ft
11/27/2023 11/27/23 For Sale $279,900 +179.9% $220 / Sq Ft
01/19/2023 01/19/23 Sold $100,000 -9.0% $78 / Sq Ft
12/08/2022 12/08/22 Pending -- -- --
11/08/2022 11/08/22 Price Changed $109,900 -8.3% $86 / Sq Ft
09/26/2022 09/26/22 For Sale $119,900 -- $94 / 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 $578 $18,800 $3,600 $15,200
2023 $522 $18,800 $3,600 $15,200
2022 $548 $18,800 $3,600 $15,200
2021 $510 $18,800 $3,600 $15,200
2020 $515 $18,800 $3,600 $15,200
2019 $594 $18,800 $3,600 $15,200
2018 $506 $18,800 $3,600 $15,200
2017 $474 $18,800 $3,600 $15,200
2016 $416 $18,800 $3,600 $15,200
2015 $416 $18,800 $3,600 $15,200
2014 $416 $18,800 $3,600 $15,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2053106

Bright MLS

APN: 22-009.00-106