NOT LISTED FOR SALE

The Devon Condo 2401 Pennsylvania Ave Unit 1001 Wilmington, DE 19806

Highlands Neighborhood

Estimated Value: $144,434 - $179,000

-- Bed
1 Bath
-- Sq Ft
$336/mo HOA Fee

Last Sold August 26, 2022

Last sale price $141,000

Est. 14% increase in value since last sale

Current estimated payment $1,317/month

6 Days on Market

Highlights

  • Penthouse
  • Breakfast Area or Nook
  • Forced Air Heating and Cooling System
  • Community Pool
  • Elevator
  • Community Storage Space

About This Home

As of August 2022

Looking for an affordable condo in a prime city location with fantastic view? This studio is on the 10th floor in one of Wilmington's most popular condo buildings, The Devon. When you walk through the door you are greeted with a bright beautiful view through a wall of over sized windows, overlooking a lovely landscape any time of the day or evening. The kitchen has bright white cabinetry, granite counter-tops, stainless steel appliances, including a 5 cook-top gas range with grill top, microwave, refrigerator, and a full size dishwasher. A pass-through opening from the kitchen allows you to entertain your guest while at the bar/eat-in counter area, inclusive with 2 black leather cushioned bar stools. Across from the kitchen is a large, multipurpose closet that can be used as a pantry, with a stylish barn door. There are 2 wall-mounted TV's, one in the living area, the other in the bedroom area. There is also a walk-through spacious closet area with 2 dressers and shelves. The full bathroom features tile surround tub/shower, Moroccan style tile floor, and granite topped vanity. No detail was missed with this unit, being freshly painted and having an updated circuit breaker box. The Devon has an outdoor swimming pool and 24-hour doorman. Walkable community with beautiful treelined streets, steps and minutes away from eateries, local parks and museum. Conveniently located to Trolley Square, Downtown Wilmington, I-95, Rockford Park, and Greenville.

Last Agent to Sell the Property

Glendora Sealey

Compass License #RS-0013885 Listed on: 07/21/2022

Compass

Co-Listed By

Kimberly Morehart

Compass License #RS-0020728

Last Buyer's Agent

Mary Corcoran

Patterson-Schwartz - Greenville

Patterson-Schwartz - Greenville

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,706

Year Built

  • Built in 1963

HOA Fees

  • $336 Monthly HOA Fees

Home Design

  • Penthouse
  • Brick Exterior Construction

Interior Spaces

  • 1 Full Bathroom
  • Property has 1 Level

Kitchen

  • Breakfast Area or Nook
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Parking

  • Parking Lot
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 048.C.1001
  • Assessor Parcel Number 26-012.20-048.C.1001

Community Details

Overview

  • Association fees include electricity, gas, cable TV, water, sewer
  • High-Rise Condominium
  • The Devon Community
  • Devon Condo Subdivision
  • Property Manager

Amenities

  • Common Area
  • Elevator
  • Community Storage Space

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,706

Year Built

Built in 1963

Lot Details

0

HOA Fees

$336 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Inclusions: Appliances & 2 TV's
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-07-21
  • Year Built: 1963
  • Automatically Close On Close Date: No
  • Remarks Public: Looking for an affordable condo in a prime city location with fantastic view? This studio is on the 10th floor in one of Wilmington's most popular condo buildings, The Devon. When you walk through the door you are greeted with a bright beautiful view through a wall of over sized windows, overlooking a lovely landscape any time of the day or evening. The kitchen has bright white cabinetry, granite counter-tops, stainless steel appliances, including a 5 cook-top gas range with grill top, microwave, refrigerator, and a full size dishwasher. A pass-through opening from the kitchen allows you to entertain your guest while at the bar/eat-in counter area, inclusive with 2 black leather cushioned bar stools. Across from the kitchen is a large, multipurpose closet that can be used as a pantry, with a stylish barn door. There are 2 wall-mounted TV's, one in the living area, the other in the bedroom area. There is also a walk-through spacious closet area with 2 dressers and shelves. The full bathroom features tile surround tub/shower, Moroccan style tile floor, and granite topped vanity. No detail was missed with this unit, being freshly painted and having an updated circuit breaker box. The Devon has an outdoor swimming pool and 24-hour doorman. Walkable community with beautiful treelined streets, steps and minutes away from eateries, local parks and museum. Conveniently located to Trolley Square, Downtown Wilmington, I-95, Rockford Park, and Greenville.
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Refrigerator
  • Entry Floor: 10
  • Interior Amenities: Breakfast Area
  • Levels Count: 1
  • Basement: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2401

Beds/Baths

  • 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: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 336.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Pool - Outdoor, Extra Storage, Common Grounds
  • HOA Condo Co-Op Fee Includes: Electricity, Gas, Cable Tv, Water, Sewer
  • HOA: No
  • Senior Community: No

Schools

  • School District: RED CLAY CONSOLIDATED
  • School District Key: 300200396545
  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2021
  • Zoning: 26R5-B
  • In City Limits: Yes

Rental Info

  • Pets: Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 893.00
  • Tax Annual Amount: 1706.00
  • Assessor Parcel Number: 26-012.20-048.C.1001
  • Tax Lot: 048.C.1001
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 08/26/2022

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2022
Closed on
Aug 26, 2022
Sold by
Ranieri and Maria
Bought by
Simmons Alexandra H
Seller's Agent
Glendora Sealey
Compass
Buyer's Agent
Mary Corcoran
Patterson-Schwartz - Greenville
List Price
$134,900
Sold Price
$141,000
Premium/Discount to List
$6,100
4.52%
Current Estimated Value
$160,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,741
Avg. Annual Appreciation
2.41%
Original Mortgage
$119,850
Outstanding Balance
$115,336
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$35,930

Purchase Details

Listed on
Jan 24, 2018
Closed on
Mar 6, 2018
Sold by
Bricoleur Llc
Bought by
Ranieri Anthony and Ranieri Maria
Seller's Agent
Stephen Mottola
Compass
Buyer's Agent
Genevia Weston
Realty Mark Associates
List Price
$110,000
Sold Price
$104,000
Premium/Discount to List
-$6,000
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%
Original Mortgage
$98,800
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2017
Sold by
Grossman Jerome K
Bought by
Bricoleur Llc
Source: Public Records

Range of Values:

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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
Simmons Alexandra H -- Giordano Delcollo Werb & Gagne
Ranieri Anthony $104,000 None Available
Bricoleur Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simmons Alexandra H $119,850
Previous Owner Ranieri Anthony $98,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2022 08/26/22 Sold $141,000 +4.5% --
07/28/2022 07/28/22 Pending -- -- --
07/21/2022 07/21/22 For Sale $134,900 +29.7% --
03/07/2018 03/07/18 Sold $104,000 -5.5% --
02/01/2018 02/01/18 Pending -- -- --
01/24/2018 01/24/18 For Sale $110,000 -- --
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 $1,130 $36,200 $8,000 $28,200
2023 $982 $36,200 $8,000 $28,200
2022 $986 $36,200 $8,000 $28,200
2021 $722 $36,200 $8,000 $28,200
2020 $722 $36,200 $8,000 $28,200
2019 $722 $36,200 $8,000 $28,200
2018 $441 $36,200 $8,000 $28,200
2017 $1,576 $36,200 $8,000 $28,200
2016 $1,576 $36,200 $8,000 $28,200
2015 $1,534 $36,200 $8,000 $28,200
2014 $1,456 $36,200 $8,000 $28,200
Source: Public Records

Agents Affiliated with this Home

  • Glendora Sealey

    Seller's Agent in 2022

    Glendora Sealey

    Compass

    (302) 753-8801

    1 in this area

    39 Total Sales

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  • K

    Seller Co-Listing Agent in 2022

    Kimberly Morehart

    Compass

    (302) 419-8901

    2 in this area

    131 Total Sales

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  • Mary Corcoran

    Buyer's Agent in 2022

    Mary Corcoran

    Patterson Schwartz

    (302) 354-3037

    2 in this area

    42 Total Sales

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  • Stephen Mottola

    Seller's Agent in 2018

    Stephen Mottola

    Compass

    (302) 437-6600

    77 in this area

    699 Total Sales

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  • Kelly Osbun Rubincan

    Seller Co-Listing Agent in 2018

    Kelly Osbun Rubincan

    EXP Realty, LLC

    (302) 530-9658

    41 Total Sales

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  • Genevia Weston

    Buyer's Agent in 2018

    Genevia Weston

    Realty Mark Associates

    (302) 740-7222

    42 Total Sales

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About The Devon Condo

Map

Source: Bright MLS

MLS Number: DENC2027930

Bright MLS

APN: 26-012.20-048.C-1001

Delaware New Castle County Wilmington 19806 Highlands

2401 Pennsylvania Ave Unit 1001, Wilmington, DE

This home is located at 2401 Pennsylvania Ave Unit 1001, Wilmington, DE 19806 since 21 July 2022 and is currently estimated at $161,478. This property was built in 1963. 2401 Pennsylvania Ave Unit 1001 is a home located in New Castle County with nearby schools including Joseph E. Johnson Elementary School, Alexis I. du Pont Middle School, and Alexis I. du Pont High School.

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