NOT LISTED FOR SALE

The Devon Condo 2401 Pennsylvania Ave Unit 501 Wilmington, DE 19806

Highlands Neighborhood

Estimated Value: $131,000 - $144,000

-- Bed
1 Bath
450 Sq Ft
$284/mo HOA Fee

Last Sold December 22, 2016

Last sale price $55,000 $122 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $1,131/month

6 Days on Market

Highlights

  • Attic
  • Living Room
  • Forced Air Heating and Cooling System
  • Community Pool
  • En-Suite Primary Bedroom

About This Home

As of December 2016

Welcome to The Devon. This Condo Community represents the one High Rise Community in the Highlands of Wilmington. This little studio Condo will give someone the least expensive place to live in this beautiful area. After purchasing this unit, the owner's monthly expense (after yearly real estate taxes) will be the condo cost of 284. This cost includes electric, heat, water, sewer, Comcast cable and trash disposal. The cost also includes the use of a well maintained swimming pool. The Devon has 24 hour security, a doorman and a parking lot on three sides of the building. There is also plenty of off-site parking. This property can be purchased with or without furniture.

Last Agent to Sell the Property

EDWARD DAVIS

Meyer & Meyer Realty License #TREND:60064360 Listed on: 11/23/2016

Last Buyer's Agent

Bonnie Sherr

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1963

HOA Fees

  • $284 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 450 Sq Ft Home
  • Living Room
  • Disposal
  • Attic

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Parking Lot
  • Rented or Permit Required

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Oil Water Heater

Listing and Financial Details

  • Tax Lot 048.C.0501
  • Assessor Parcel Number 26-012.20-048.C.0501

Community Details

Overview

  • Association fees include pool(s), common area maintenance, exterior building maintenance, lawn maintenance, snow removal, trash, electricity, heat, water, sewer, cook fee, parking fee, insurance, management, alarm system
  • Devon Community
  • Devon Subdivision

Recreation

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Year Built

Built in 1963

Lot Details

0

HOA Fees

$284 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1963
  • Remarks Public: Welcome to The Devon. This Condo Community represents the one High Rise Community in the Highlands of Wilmington. This little studio Condo will give someone the least expensive place to live in this beautiful area. After purchasing this unit, the owner's monthly expense (after yearly real estate taxes) will be the condo cost of 284. This cost includes electric, heat, water, sewer, Comcast cable and trash disposal. The cost also includes the use of a well maintained swimming pool. The Devon has 24 hour security, a doorman and a parking lot on three sides of the building. There is also plenty of off-site parking. This property can be purchased with or without furniture.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Disposal
  • Interior Amenities: Elevator
  • Fireplace: No
  • Floors In Unit Count: 5
  • Room List: Living Room, Primary Bedroom, Kitchen, Attic
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 450
  • Living Area Sq Ft: 450
  • Net Sq Ft: 450.00
  • Price Per Sq Ft: 132.22
  • Above Grade Finished Sq Ft: 450
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2401

Beds/Baths

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Access To Pool: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street, Rented/Permit Required, Rented/Permit Required
  • Type Of Parking: On Street, Parking Lot

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 284.00
  • HOA Fee Frequency: Monthly
  • Additional Association Fees: Hot Water
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool
  • HOA Condo Co-Op Fee Includes: Pool(s), Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Snow Removal, Trash, Electricity, Heat, Water, Sewer, Cook Fee, Parking Fee, Insurance, Management, Alarm System
  • HOA: No
  • Senior Community: No

Schools

  • School District: RED CLAY CONSOLIDATED
  • School District Key: 300200396545

Lot Info

  • Improvement Assessed Value: 27400.00
  • Land Assessed Value: 7900.00
  • Lot Size Units: Square Feet
  • Zoning: 26R5B

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2391912
  • Tax Annual Amount: 1572.00
  • Assessor Parcel Number: 26-012.20-048.C.0501
  • Tax Lot: 048.C.0501
  • Tax Year: 2016
  • Close Date: 12/22/2016

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2016
Closed on
Dec 22, 2016
Sold by
Davis Edward B
Bought by
Piazza John W
Seller's Agent
EDWARD DAVIS
Meyer & Meyer Realty
Buyer's Agent
Bonnie Sherr
Long & Foster Real Estate, Inc.
List Price
$59,500
Sold Price
$55,000
Premium/Discount to List
-$4,500
-7.56%
Current Estimated Value
$138,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,823
Avg. Annual Appreciation
10.10%

Purchase Details

Listed on
Oct 30, 2014
Closed on
Mar 23, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Davis Edward B
Seller's Agent
Steve Schmidt
RE/MAX Horizons
Buyer's Agent
Mary Jo Laskaris
Long & Foster Real Estate, Inc.
List Price
$54,900
Sold Price
$52,000
Premium/Discount to List
-$2,900
-5.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.30%
Source: Public Records

Range of Values:

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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
Piazza John W -- None Available
Davis Edward B $52,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davis Edward B $41,600
Previous Owner Husbands Kristy L $30,722
Previous Owner Husbands Kristy L $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2016 12/22/16 Sold $55,000 -7.6% $122 / Sq Ft
11/29/2016 11/29/16 Pending -- -- --
11/23/2016 11/23/16 For Sale $59,500 +14.4% $132 / Sq Ft
03/30/2015 03/30/15 Sold $52,000 0.0% --
03/18/2015 03/18/15 Pending -- -- --
03/12/2015 03/12/15 Off Market $52,000 -- --
03/10/2015 03/10/15 For Sale $54,900 +5.6% --
03/10/2015 03/10/15 Off Market $52,000 -- --
02/19/2015 02/19/15 Price Changed $54,900 -15.4% --
02/10/2015 02/10/15 For Sale $64,900 +24.8% --
02/09/2015 02/09/15 Off Market $52,000 -- --
02/02/2015 02/02/15 For Sale $64,900 +24.8% --
02/01/2015 02/01/15 Off Market $52,000 -- --
01/06/2015 01/06/15 Price Changed $64,900 -7.2% --
12/11/2014 12/11/14 Price Changed $69,900 -12.5% --
10/30/2014 10/30/14 For Sale $79,900 -- --
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 $1,101 $35,300 $7,900 $27,400
2023 $957 $35,300 $7,900 $27,400
2022 $962 $35,300 $7,900 $27,400
2021 $960 $35,300 $7,900 $27,400
2020 $966 $35,300 $7,900 $27,400
2019 $1,675 $35,300 $7,900 $27,400
2018 $961 $35,300 $7,900 $27,400
2017 $959 $35,300 $7,900 $27,400
2016 $909 $35,300 $7,900 $27,400
2015 $655 $35,300 $7,900 $27,400
2014 $1,420 $35,300 $7,900 $27,400
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2016

    EDWARD DAVIS

    Meyer & Meyer Realty

  • Bonnie Sherr

    Buyer's Agent in 2016

    Bonnie Sherr

    Long & Foster

    (302) 547-4738

    5 in this area

    9 Total Sales

    Bonnie Sherr
    Section Image
  • Steve Schmidt

    Seller's Agent in 2015

    Steve Schmidt

    RE/MAX

    (302) 678-4326

    154 Total Sales

    Steve Schmidt
    Section Image
  • Barbara Schmidt

    Seller Co-Listing Agent in 2015

    Barbara Schmidt

    RE/MAX

    (302) 242-2737

    52 Total Sales

    Barbara Schmidt
    Section Image
  • Mary Jo Laskaris

    Buyer's Agent in 2015

    Mary Jo Laskaris

    Long & Foster

    (302) 383-9644

    22 in this area

    39 Total Sales

    Mary Jo Laskaris
    Section Image
See All Agents

About The Devon Condo

Map

Source: Bright MLS

MLS Number: 1003958559

Bright MLS

APN: 26-012.20-048.C-0501

Delaware New Castle County Wilmington 19806 Highlands

2401 Pennsylvania Ave Unit 501, Wilmington, DE

This home is located at 2401 Pennsylvania Ave Unit 501, Wilmington, DE 19806 since 23 November 2016 and is currently estimated at $138,823, approximately $308 per square foot. This property was built in 1963. 2401 Pennsylvania Ave Unit 501 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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