NOT LISTED FOR SALE

Estimated Value: $251,000 - $302,000

2 Beds
1 Bath
1,075 Sq Ft
$263/Sq Ft Est. Value

Sale Details

Date Sold: October 25, 2024

Last sale price $225,000 $209 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,740 / mo

2 Days on Market

Highlights

  • Rambler Architecture
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Claymont Elementary School Rated A
  • No HOA

About This Home

As of October 2024

Welcome to 25 Palace Avenue, a delightful two-bedroom, one-bathroom home located in the heart of North Wilmington, DE. This property is perfectly positioned close to the train station and just a short drive from Philadelphia, making it an ideal spot for convenient living with incredible potential. As you step inside, you'll be greeted by the charm of hardwood floors that flow seamlessly throughout the home. The living room features a cozy fireplace, perfect for those relaxing evenings at home. Natural light pours in through a skylight, creating a bright and inviting atmosphere. The two bedrooms offer comfortable and peaceful retreats, while the bathroom is ready for your personal touch and updates. Enjoy the ease of one-floor living, which adds to the home's practicality and charm. Outside, the expansive 12,000-square-foot lot provides a large yard, perfect for gardening, outdoor activities, or simply enjoying the fresh air. The basement offers additional storage and room for potential future projects. Practical amenities include driveway parking with a large shed , making everyday living a breeze. With some thoughtful updating, this home has the potential to truly shine.Don't miss the opportunity to transform this charming house into your dream home. Schedule a visit today and explore all the possibilities that 25 Palace Avenue has to offer!

Last Agent to Sell the Property

Andrew White

(302) 202-9855 ashley.hess@compass.com Compass License #RS-325050 Listed on: 09/20/2024

Compass

Last Buyer's Agent

Mike Canning

(302) 202-9855 ashley.hess@compass.com Compass

Compass

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 12,197 Sq Ft Lot
  • Lot Dimensions are 75.20 x 160.00
  • Property is zoned NC6.5

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Block Foundation

Interior Spaces

  • 1,075 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Stockdale Subdivision

Listing and Financial Details

  • Tax Lot 024
  • Assessor Parcel Number 06-085.00-024

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

0.28 Acres

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: Old desk and workbench, window ac units
  • Inclusions: all remaining contents.
  • New Construction: No
  • Story List: Main
  • Year Built: 1954
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1075
  • Living Area Sq Ft: 1075
  • Price Per Sq Ft: 186.05
  • Above Grade Finished Sq Ft: 1075
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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: Block
  • 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: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • 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 Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.28
  • Lot Dimensions: 75.20 x 160.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12197.00
  • Zoning: NC6.5
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 60.00
  • Tax Annual Amount: 78.00
  • Assessor Parcel Number: 06-085.00-024
  • Tax Lot: 024
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: BRANDYWINE

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2024
Closed on
Oct 25, 2024
Sold by
Bought by
Seller's Agent
Andrew White
Compass
Buyer's Agent
Mike Canning
Compass
List Price
$200,000
Sold Price
$225,000
Premium/Discount to List
$25,000
12.5%
Views
31
Current Estimated Value
$282,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,479
Avg. Annual Appreciation
13.72%
Original Mortgage
$218,250
Outstanding Balance
$213,767
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$68,712

Purchase Details

Closed on
Mar 17, 1995
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$180,000 None Listed On Document
$99,900 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $218,250
Previous Owner $117,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/25/2024 10/25/24 Sold $225,000 +12.5% $209 / Sq Ft
09/22/2024 09/22/24 Pending -- -- --
09/20/2024 09/20/24 For Sale $200,000 -- $186 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,247 $288,900 $63,000 $225,900
2024 $2,038 $52,200 $8,900 $43,300
2023 $1,367 $52,200 $8,900 $43,300
2022 $976 $52,200 $8,900 $43,300
2021 $36 $52,200 $8,900 $43,300
2020 $36 $52,200 $8,900 $43,300
2019 $36 $52,200 $8,900 $43,300
2018 $1,019 $52,200 $8,900 $43,300
2017 $1,016 $52,200 $8,900 $43,300
2016 $912 $52,200 $8,900 $43,300
2015 $774 $52,200 $8,900 $43,300
2014 $774 $52,200 $8,900 $43,300
Source: Public Records

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Map

Source: Bright MLS

MLS Number: DENC2068636

Bright MLS

APN: 06-085.00-024

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