NOT LISTED FOR SALE

2408 N Washington St Wilmington, DE 19802

North Brandywine Neighborhood

Estimated Value: $219,533 - $230,000

-- Bed
2 Baths
1,850 Sq Ft
$121/Sq Ft Est. Value

Last Sold April 15, 2021

Last sale price $151,000 $82 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,289/month

7 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • 3-minute walk to Tatnall Playground/One Love Park
  • 1 Fireplace
  • Forced Air Heating System

About This Home

As of April 2021

Excellent cash flowing multi-family in Wilmington's Ninth Ward. A great asset to add to your portfolio! Or possibly to live in one unit and rent the other. This is an end unit building with two spacious 2 bedroom units. One on each floor with all separate systems. Updates include roof, windows, water heaters, paint, and carpet. First floor is vacant and top unit occupied @ $850/m. Tours are available Mon-Fri between 8-10am.

Last Agent to Sell the Property

Shane Pezick

(302) 354-7121 shanepezick@gmail.com RE/MAX Associates-Wilmington Listed on: 01/29/2021

RE/MAX Associates-Wilmington

Last Buyer's Agent

James Rostocki

(302) 250-5541 james@ibyre.com iBuyer

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,978

Year Built

  • Built in 1900

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 28.00 x 110.00

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,850 Sq Ft Home
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Schools

  • Shortlidge Elementary School
  • Skyline Middle School
  • Mckean High School

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • Wilmington Subdivision

Listing and Financial Details

  • Tax Lot 288
  • Assessor Parcel Number 26-022.10-288

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,978

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour

Interior Features

  • Fireplaces Count: 1
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1850
  • Living Area Sq Ft: 1850
  • Price Per Sq Ft: 86.49
  • Above Grade Finished Sq Ft: 1850
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: SHORTLIDGE
  • High School: MCKEAN
  • Middle Or Junior School: SKYLINE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 38700.00
  • Land Assessed Value: 4400.00
  • Lot Size Acres: 0.05
  • Lot Dimensions: 28.00 x 110.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Zoning: 26R-3
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2399916
  • School Tax: 1068.00
  • Tax Annual Amount: 1978.00
  • Assessor Parcel Number: 26-022.10-288
  • Tax Lot: 288
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2021
Closed on
Apr 15, 2021
Sold by
B & 0 Property Group Llc
Bought by
Symons W David
Seller's Agent
Shane Pezick
RE/MAX Associates-Wilmington
Buyer's Agent
James Rostocki
iBuyer
List Price
$160,000
Sold Price
$151,000
Premium/Discount to List
-$9,000
-5.62%
Current Estimated Value
$223,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,844
Avg. Annual Appreciation
8.83%
Original Mortgage
$113,250
Outstanding Balance
$102,251
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$121,593

Purchase Details

Closed on
Dec 30, 2020
Sold by
Bromwell Signature Homes Llc
Bought by
B & O Property Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,200
Interest Rate
2.71%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jul 20, 2019
Closed on
Aug 16, 2019
Sold by
Jfc Group Llc
Bought by
Bromwell Signature Homes Llc
Seller's Agent
Jill Callahan
Coldwell Banker Realty
Buyer's Agent
Shane Pezick
RE/MAX Associates-Wilmington
List Price
$110,000
Sold Price
$100,000
Premium/Discount to List
-$10,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.62%
Original Mortgage
$116,775
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
May 22, 2008
Sold by
Fratangelo Joseph M
Bought by
Jfc Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,250
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2008
Sold by
Hulme Denis D and Hulme Ashleigh L
Bought by
Fratangelo Joseph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,250
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2002
Sold by
Karchner Craig A
Bought by
Hulme Dennis D and Hulme Ashleigh L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,900
Interest Rate
6.09%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Symons W David $151,000 None Available
B & O Property Group Llc -- None Available
Bromwell Signature Homes Llc $100,000 None Available
Jfc Group Llc -- None Available
Fratangelo Joseph M $107,500 None Available
Hulme Dennis D $81,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Symons W David $113,250
Previous Owner B & O Property Group Llc $387,200
Previous Owner Bromwell Signature Homes Llc $116,775
Previous Owner Fratangelo Joseph M $75,250
Previous Owner Hulme Dennis D $72,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2021 04/15/21 Sold $151,000 -5.6% $82 / Sq Ft
02/05/2021 02/05/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $160,000 +60.0% $86 / Sq Ft
08/18/2019 08/18/19 Sold $100,000 -9.1% $54 / Sq Ft View Prior Sale
07/20/2019 07/20/19 For Sale $110,000 -- $59 / 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 $1,345 $43,100 $4,400 $38,700
2023 $1,169 $43,100 $4,400 $38,700
2022 $1,174 $43,100 $4,400 $38,700
2021 $1,172 $43,100 $4,400 $38,700
2020 $1,179 $43,100 $4,400 $38,700
2019 $860 $43,100 $4,400 $38,700
2018 $660 $43,100 $4,400 $38,700
2017 $1,910 $43,100 $4,400 $38,700
2016 $1,910 $43,100 $4,400 $38,700
2015 $1,826 $43,100 $4,400 $38,700
2014 $1,734 $43,100 $4,400 $38,700
Source: Public Records

Agents Affiliated with this Home

  • Shane Pezick

    Seller's Agent in 2021

    Shane Pezick

    RE/MAX

    (302) 354-7121

    9 in this area

    224 Total Sales

    Shane Pezick
    Section Image
  • James Rostocki

    Buyer's Agent in 2021

    James Rostocki

    iBuyer

    (302) 250-5541

    1 in this area

    2 Total Sales

    James Rostocki
    Section Image
  • Jill Callahan

    Seller's Agent in 2019

    Jill Callahan

    Coldwell Banker Realty

    (610) 470-4945

    57 Total Sales

    Jill Callahan
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DENC520268

Bright MLS

APN: 26-022.10-288

Delaware New Castle County Wilmington 19802 North Brandywine

2408 N Washington St, Wilmington, DE

Not Listed for Sale

MultiFamily

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