NOT LISTED FOR SALE

2306 Kirkwood Hwy Wilmington, DE 19805

Ashley Neighborhood

Estimated Value: $1,031,278

-- Bed
-- Bath
-- Sq Ft
6,534 Sq Ft Lot

Last Sold November 16, 2012

Last sale price $505,000

Est. 104% increase in value since last sale

Current estimated payment $5,883/month

151 Days on Market

Highlights

  • No HOA
  • Marbrook Elementary School Rated A-
  • Heating System Uses Gas

About This Home

As of November 2012

Investor ALert! We invite you to bring your clients to this extensively renovated 6 unit apartment building with a 900 square foot commercial store front. New private parking lot in rear of building. The extensive renovations include pergo floors, ceramic tiled bathrooms, new windows, and mostly newer systems. New roof, soffit, and guttering. This property shows very well and is conveniently located just outside the City of Wilmington. Make your appointments today before it's too late. Please also see MLS # 6024488 & 6024506

Last Agent to Sell the Property

Keith Wortham

(302) 388-6170 Keith@keithwortham.com EXP Realty, LLC License #RS-306579 Listed on: 03/19/2012

EXP Realty, LLC

Last Buyer's Agent

WENNA CHEN

wenna.chen@foxroach.com BHHS Fox & Roach-Newark License #TREND:60047492

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,049

Year Built

  • Built in 1939

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x134
  • Property is in good condition

Parking

  • Parking Lot

Home Design

  • Brick Exterior Construction

Unfinished Basement

  • Basement Fills Entire Space Under The House

Schools

  • Austin D. Baltz Elementary School
  • Stanton Middle School
  • Thomas Mckean High School

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 270
  • Assessor Parcel Number 07-038.10-270

Community Details

Overview

  • No Home Owners Association
  • Elsmere Subdivision

Building Details

  • Electric Expense $2,314
  • Other Expense $2,737
  • Operating Expense $9,351

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,049

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 2737.00
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Has Laundry

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: 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: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Electric Expense: 2314.00
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Gas, Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 3251.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • Elementary School: AUSTIN D. BALTZ
  • High School: THOMAS MCKEAN
  • Middle Or Junior School: STANTON

Lot Info

  • Improvement Assessed Value: 115400.00
  • Land Assessed Value: 29400.00
  • Lot Size Acres: 0.15
  • Lot Dimensions: 50X134
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6534.00
  • Property Condition: Good
  • Zoning: CN

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 69480.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6,Unit 7

Tax Info

  • Assessor Parcel Number: 2256640
  • Tax Annual Amount: 1049.00
  • Assessor Parcel Number: 07-038.10-270
  • Tax Lot: 270
  • Tax Year: 2011

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2012
Closed on
Nov 16, 2012
Sold by
Cmj Properties Llc
Bought by
Ben Wong Llc
Seller's Agent
Keith Wortham
EXP Realty, LLC
Buyer's Agent
WENNA CHEN
BHHS Fox & Roach-Newark
List Price
$550,000
Sold Price
$505,000
Premium/Discount to List
-$45,000
-8.18%
Current Estimated Value
$1,031,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$526,278
Avg. Annual Appreciation
5.69%
Original Mortgage
$376,803
Outstanding Balance
$260,378
Interest Rate
3.39%
Mortgage Type
Commercial
Estimated Equity
$782,463

Purchase Details

Closed on
May 30, 2008
Sold by
Popczyk Krzysztof
Bought by
Cmj Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Interest Rate
6.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 11, 2005
Sold by
Waterway Properties Llc
Bought by
Popczyk Krzystof

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.63%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 10, 2004
Sold by
Tims Ethel M and Ethel M Tims Revocable Trust
Bought by
Waterway Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.63%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ben Wong Llc $505,000 None Available
Cmj Properties Llc -- None Available
Popczyk Krzystof $335,000 --
Waterway Properties Llc $260,000 Stewart Title Guaranty Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ben Wong Llc $376,803
Previous Owner Cmj Properties Llc $249,000
Previous Owner Popczyk Krzystof $252,000
Previous Owner Waterway Properties Llc $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2012 11/16/12 Sold $505,000 -8.2% --
08/17/2012 08/17/12 Pending -- -- --
03/19/2012 03/19/12 For Sale $550,000 -- --
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 $5,493 $144,800 $29,400 $115,400
2023 $4,921 $144,800 $29,400 $115,400
2022 $4,893 $144,800 $29,400 $115,400
2021 $4,891 $144,800 $29,400 $115,400
2020 $4,903 $144,800 $29,400 $115,400
2019 $4,891 $144,800 $29,400 $115,400
2018 $4,802 $144,800 $29,400 $115,400
2017 $4,746 $144,800 $29,400 $115,400
2016 $4,529 $144,800 $29,400 $115,400
2015 $4,248 $144,800 $29,400 $115,400
2014 $3,941 $144,800 $29,400 $115,400
Source: Public Records

Agents Affiliated with this Home

  • Keith Wortham

    Seller's Agent in 2012

    Keith Wortham

    EXP Realty, LLC

    (302) 388-6170

    46 Total Sales

    Keith Wortham
    Section Image

  • W

    Buyer's Agent in 2012

    WENNA CHEN

    BHHS Fox & Roach

See All Agents

Map

Source: Bright MLS

MLS Number: 1003887180

Bright MLS

APN: 07-038.10-270

Delaware New Castle County Wilmington 19805 Ashley

2306 Kirkwood Hwy, Wilmington, DE

Not Listed for Sale

MultiFamily

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