NOT LISTED FOR SALE

2306 Faulkland Rd Wilmington, DE 19805

Westminster Neighborhood

Estimated Value: $145,000 - $189,893

2 Beds
1 Bath
2,200 Sq Ft
$76/Sq Ft Est. Value

Last Sold September 24, 2024

Last sale price $132,000 $60 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,021/month

10 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Forced Air Heating System
  • Marbrook Elementary School Rated A-

About This Home

As of September 2024

Investor Alert! Here’s a great investment opportunity for the experienced investor or builder. Tear-down and new build new on this 0.12 acre lot in a convenient location close to everything! This property is uninhabitable due to severe fire and water damage. The structure is unsafe. Interior access is prohibited due to safety concerns.

Last Agent to Sell the Property

Dan Shainsky

(302) 249-3880 danshainsky@yahoo.com Coldwell Banker Realty License #RS-0019684 Listed on: 08/05/2024

Coldwell Banker Realty

Co-Listed By

Eric Brinker

(302) 377-1292 brinkersells@yahoo.com Coldwell Banker Realty

Last Buyer's Agent

Masood Sadiq

(302) 293-7307 masoodsadiq.realtor@gmail.com Real Broker, LLC License #RS-0024089

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,597

Year Built

  • Built in 1950

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 60.00 x 90.00
  • Property is zoned NC5

Home Design

  • Cape Cod Architecture
  • Fixer Upper
  • Block Foundation
  • Pitched Roof
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Brookland Terrace Subdivision

Listing and Financial Details

  • Tax Lot 460
  • Assessor Parcel Number 07-034.20-460

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,597

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Inclusions: Any personal items in the home at the time of the final walk-through will convey.
  • New Construction: No
  • Story List: Main
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Remarks Public: Investor Alert! Here’s a great investment opportunity for the experienced investor or builder. Tear-down and new build new on this 0.12 acre lot in a convenient location close to everything! This property is uninhabitable due to severe fire and water damage. The structure is unsafe. Interior access is prohibited due to safety concerns.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Partially Finished
  • Total Sq Ft: 2200
  • Living Area Sq Ft: 2200
  • Price Per Sq Ft: 60.83
  • Above Grade Finished Sq Ft: 1644
  • Below Grade Finished Sq Ft: 556
  • Total Below Grade Sq Ft: 556
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2306

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: Vinyl Siding
  • Roof: Pitched
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • 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: RED CLAY CONSOLIDATED
  • School District Key: 300200396545
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.12
  • Lot Dimensions: 60.00 x 90.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5227.00
  • Property Condition: Major Rehab Needed
  • Year Assessed: 2022
  • Zoning: NC5
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • School Tax: 1207.43
  • Tax Annual Amount: 1596.86
  • Assessor Parcel Number: 07-034.20-460
  • Tax Lot: 460
  • Tax Total Finished Sq Ft: 2200
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 09/24/2024

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2024
Closed on
Sep 24, 2024
Sold by
Mcclure Douglas P
Bought by
Ghani Llc
Seller's Agent
Dan Shainsky
Coldwell Banker Realty
Buyer's Agent
Masood Sadiq
Real Broker, LLC
List Price
$99,999
Sold Price
$132,000
Premium/Discount to List
$32,001
32%
Views
353
Current Estimated Value
$167,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,473
Avg. Annual Appreciation
26.00%
Original Mortgage
$215,000
Interest Rate
6.49%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 11, 2019
Sold by
Woloshin Melvyn A and The Nancy M Mcclure Trust
Bought by
Mcclure Douglas P
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
Ghani Llc $132,000 None Listed On Document
Mcclure Douglas P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ghani Llc $215,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2024 09/24/24 Sold $132,000 +32.0% $60 / Sq Ft
08/15/2024 08/15/24 Pending -- -- --
08/05/2024 08/05/24 For Sale $99,999 -- $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 $1,597 $42,100 $6,600 $35,500
2023 $1,414 $42,100 $6,600 $35,500
2022 $1,423 $42,100 $6,600 $35,500
2021 $77 $42,100 $6,600 $35,500
2020 $77 $42,100 $6,600 $35,500
2019 $77 $42,100 $6,600 $35,500
2018 $69 $42,100 $6,600 $35,500
2017 $628 $42,100 $6,600 $35,500
2016 $628 $42,100 $6,600 $35,500
2015 $586 $42,100 $6,600 $35,500
2014 $541 $42,100 $6,600 $35,500
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    Dan Shainsky

    Coldwell Banker Realty

    (302) 249-3880

    2 in this area

    230 Total Sales

    Dan Shainsky
    Section Image
  • Eric Brinker

    Seller Co-Listing Agent in 2024

    Eric Brinker

    Coldwell Banker Realty

    (302) 377-1292

    1 in this area

    247 Total Sales

    Eric Brinker
    Section Image
  • Masood Sadiq

    Buyer's Agent in 2024

    Masood Sadiq

    Real Broker, LLC

    (302) 293-7307

    1 in this area

    79 Total Sales

    Masood Sadiq
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DENC2065306

Bright MLS

APN: 07-034.20-460

Delaware New Castle County Wilmington 19805 Westminster

2306 Faulkland Rd, Wilmington, DE

This home is located at 2306 Faulkland Rd, Wilmington, DE 19805 since 05 August 2024 and is currently estimated at $167,473, approximately $76 per square foot. This property was built in 1950. 2306 Faulkland Rd is a home located in New Castle County with nearby schools including Marbrook Elementary School, Alexis I. du Pont Middle School, and Thomas McKean High School.

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