NOT LISTED FOR SALE

2403 N Monroe St Wilmington, DE 19802

Ninth Ward Neighborhood

Estimated Value: $360,100

-- Bed
-- Bath
-- Sq Ft
6,970 Sq Ft Lot

Last Sold November 09, 2017

Last sale price $225,000

Est. 60% increase in value since last sale

Current estimated payment $2,035/month

Highlights

  • 0.16 Acre Lot
  • En-Suite Primary Bedroom
  • Heating System Uses Gas
  • No HOA
  • Central Air
  • 4-minute walk to Harrison Triangle Park

About This Home

As of November 2017

This building has a lot to offer! It was previously used as a car repair shop, comes with a large bay area, large office with bathroom, separate storage area, full basement and separate access upstairs to a large 2 bedroom apartment with tile flooring and an open floor plan rented at $1500 till December 2017. Outside are 16 garages and a separate well maintained one bedroom apartment (unit #2401) with wood flooring, recess lighting, eat in kitchen, washer and dryer. Tenant is currently on a year lease for $600 a month until October 2017. 6 garages are rented out at $125 a month, 4 garages at $100 a month, 4 as a package deal for $450 a month and 2 are currently vacant. Your possibilities are numerous with this one, take a tour!

Last Agent to Sell the Property

Shola Coker

(302) 563-3784 sholastrade@gmail.com RE/MAX Associates-Hockessin Listed on: 10/17/2016

RE/MAX Associates-Hockessin

Last Buyer's Agent

Yasmin Bowman

(302) 438-8667 yasmin@bowmanrealestatellc.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0020276

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $961

Year Built

  • Built in 1917

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 145x70

Home Design

  • Duplex
  • Brick Exterior Construction

Parking

  • 8 Open Parking Spaces
  • 12 Parking Spaces
  • On-Street Parking

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater

Additional Features

  • En-Suite Primary Bedroom
  • Basement Fills Entire Space Under The House

Community Details

  • No Home Owners Association
  • Operating Expense $961

Listing and Financial Details

  • Tax Lot 171
  • Assessor Parcel Number 26-015.30-171

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$961

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: Any Appliances In As-Is Condition
  • New Construction: No
  • Year Built: 1917
  • Remarks Public: This building has a lot to offer! It was previously used as a car repair shop, comes with a large bay area, large office with bathroom, separate storage area, full basement and separate access upstairs to a large 2 bedroom apartment with tile flooring and an open floor plan rented at $1500 till December 2017. Outside are 16 garages and a separate well maintained one bedroom apartment (unit #2401) with wood flooring, recess lighting, eat in kitchen, washer and dryer. Tenant is currently on a year lease for $600 a month until October 2017. 6 garages are rented out at $125 a month, 4 garages at $100 a month, 4 as a package deal for $450 a month and 2 are currently vacant. Your possibilities are numerous with this one, take a tour!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Has Laundry
  • Street Number Modifier: 2403

Exterior Features

  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 8
  • Parking Features: Street
  • Total Garage And Parking Spaces: 12
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • 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

Schools

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

Lot Info

  • Improvement Assessed Value: 27900.00
  • Land Assessed Value: 17400.00
  • Lot Size Acres: 0.16
  • Lot Dimensions: 145X70
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6970.00
  • Property Attached Yn: Yes
  • Zoning: 26C-1

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 44400.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 2394746
  • Tax Annual Amount: 961.00
  • Assessor Parcel Number: 26-015.30-171
  • Tax Lot: 171
  • Tax Year: 2016
  • Close Date: 11/09/2017

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2016
Closed on
Nov 9, 2017
Sold by
Baker David W
Bought by
Lawrence Robinson Inc
Seller's Agent
Shola Coker
RE/MAX Associates-Hockessin
Buyer's Agent
Yasmin Bowman
Berkshire Hathaway HomeServices PenFed Realty
List Price
$250,000
Sold Price
$225,000
Premium/Discount to List
-$25,000
-10%
Current Estimated Value
$360,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,100
Avg. Annual Appreciation
6.13%

Purchase Details

Closed on
Mar 1, 1985
Bought by
Baker David W
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
Lawrence Robinson Inc -- None Available
Baker David W $70,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2017 11/09/17 Sold $225,000 -10.0% --
10/27/2017 10/27/17 Pending -- -- --
08/21/2017 08/21/17 For Sale $250,000 +11.1% --
08/21/2017 08/21/17 Off Market $225,000 -- --
10/17/2016 10/17/16 For Sale $225,000 -- --
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 $1,413 $45,300 $17,400 $27,900
2023 $1,234 $45,300 $17,400 $27,900
2022 $1,234 $45,300 $17,400 $27,900
2021 $6,283 $45,300 $17,400 $27,900
2020 $1,580 $45,300 $17,400 $27,900
2019 $2,150 $45,300 $17,400 $27,900
2018 $1,233 $45,300 $17,400 $27,900
2017 $208 $45,300 $17,400 $27,900
2016 $198 $45,300 $17,400 $27,900
2015 $1,025 $45,300 $17,400 $27,900
2014 $1,011 $45,300 $17,400 $27,900
Source: Public Records

Agents Affiliated with this Home

  • Shola Coker

    Seller's Agent in 2017

    Shola Coker

    RE/MAX

    (302) 563-3784

    33 Total Sales

    Shola Coker
    Section Image
  • Yasmin Bowman

    Buyer's Agent in 2017

    Yasmin Bowman

    BHHS PenFed (actual)

    (302) 438-8667

    63 Total Sales

    Yasmin Bowman
    Section Image
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Map

Source: Bright MLS

MLS Number: 1004105785

Bright MLS

APN: 26-015.30-171

Delaware New Castle County Wilmington 19802 Ninth Ward

2403 N Monroe St, Wilmington, DE

This home is located at 2403 N Monroe St, Wilmington, DE 19802 since 17 October 2016 and is currently estimated at $360,100. This property was built in 1917. 2403 N Monroe St is a home located in New Castle County with nearby schools including Warner Elementary School, Dickinson (John) High School, and Skyline Middle School.

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