NOT LISTED FOR SALE

2306 Loreley Ln Wilmington, DE 19810

Estimated Value: $241,000 - $342,000

3 Beds
1 Bath
1,175 Sq Ft
$247/Sq Ft Est. Value

Last Sold February 10, 2023

Last sale price $200,000 $170 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,706/month

2 Days on Market

Highlights

  • Rambler Architecture
  • Hot Water Heating System
  • Asbestos
  • No HOA

About This Home

As of February 2023

Fantastic opportunity in Ardentown! A ranch home ready for fix-up or to build new construction on a .46 acre lot on a wonderful street in the heart of The Ardens. There is also a pedestrian walkway behind the house that connects the greens. Ardentown began as a single tax community in 1922. It is known for its arts, crafts, theaters, and community centric activities scheduled inside the many venues & parks within walking distance of most homes. Lots to do for individuals and families. The land rent includes all real estate and school taxes, snow removal, weekly recycle and trash pickup and all of the features to maintain the community standard of living for which the Ardens are renowned. Home is being sold strictly in As-Is condition and the property has been priced as a lot for sale.

Last Agent to Sell the Property

Judith Levy

Long & Foster Real Estate, Inc. Listed on: 01/06/2023

Long & Foster Real Estate, Inc.

Co-Listed By

Karen Legum

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Thomas Wheeler

Patterson-Schwartz-Brandywine License #RS330581

Patterson-Schwartz-Brandywine

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,180

Year Built

  • Built in 1930

Lot Details

  • 0.46 Acre Lot
  • Land Lease of $3,926 per year
  • Ground Rent
  • Property is zoned NC10

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Slab Foundation
  • Shingle Roof
  • Asbestos

Interior Spaces

  • 1,175 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Forwood Elementary School
  • Talley Middle School
  • Mount Pleasant High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Ardentown Subdivision

Listing and Financial Details

  • Tax Lot 594
  • Assessor Parcel Number 27-001.00-594

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,180

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Land Lease
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Remarks Public: Fantastic opportunity in Ardentown! A ranch home ready for fix-up or to build new construction on a .46 acre lot on a wonderful street in the heart of The Ardens. There is also a pedestrian walkway behind the house that connects the greens. Ardentown began as a single tax community in 1922. It is known for its arts, crafts, theaters, and community centric activities scheduled inside the many venues & parks within walking distance of most homes. Lots to do for individuals and families. The land rent includes all real estate and school taxes, snow removal, weekly recycle and trash pickup and all of the features to maintain the community standard of living for which the Ardens are renowned. Home is being sold strictly in As-Is condition and the property has been priced as a lot for sale.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1175
  • Living Area Sq Ft: 1175
  • Price Per Sq Ft: 169.36
  • Above Grade Finished Sq Ft: 1175
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2306

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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: Asbestos
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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
  • Elementary School: FORWOOD
  • Middle School: TALLEY
  • High School: MOUNT PLEASANT
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396892
  • School District Source: Listing Agent
  • Elementary School: FORWOOD
  • High School: MOUNT PLEASANT
  • Middle Or Junior School: TALLEY

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 34000.00
  • Land Lease Amount: 3926.44
  • Land Lease Amt Freq: Annually
  • Lot Size Acres: 0.46
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20037.60
  • Year Assessed: 2022
  • Zoning: NC10
  • In City Limits: No

Rental Info

  • Ground Rent Exists: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2418103
  • School Tax: 922.00
  • Tax Annual Amount: 1180.00
  • Assessor Parcel Number: 27-001.00-594
  • Tax Lot: 594
  • Tax Total Finished Sq Ft: 1175
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 02/10/2023

Multi Family

  • Income Expense List: Annual Ground Rent

MLS Schools

  • School District Name: BRANDYWINE

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2023 02/10/23 Sold $200,000 +0.5% $170 / Sq Ft
01/08/2023 01/08/23 Pending -- -- --
01/08/2023 01/08/23 For Sale $199,000 0.0% $169 / Sq Ft
01/06/2023 01/06/23 For Sale $199,000 -- $169 / 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 $1,275 $34,000 $0 $34,000
2023 $1,163 $34,000 $0 $34,000
2022 $1,180 $34,000 $0 $34,000
2021 $1,304 $34,000 $0 $34,000
2020 $1,185 $34,000 $0 $34,000
2019 $363 $34,000 $0 $34,000
2018 $1,106 $34,000 $0 $34,000
2017 $1,091 $34,000 $0 $34,000
2016 $1,091 $34,000 $0 $34,000
2015 -- $34,000 $0 $34,000
2014 -- $34,000 $0 $34,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DENC2036430

Bright MLS

APN: 27-001.00-594