Seller's Agent in 2022
Sharon Lambert
Weichert Corporate
(302) 668-6195
1 in this area
14 Total Sales
2502 Baynard Blvd Wilmington, DE 19802
Ninth Ward NeighborhoodEstimated Value: $289,000 - $386,000
3
Beds
3
Baths
1,925
Sq Ft
$168/Sq Ft
Est. Value
Highlights
- Second Kitchen
- Traditional Architecture
- No HOA
- Dual Staircase
- Wood Flooring
- 1-minute walk to Harrison Triangle Park
About This Home
As of March 2022Property being sold as a Short Sale. Third Party processor required (see attached disclosures) All offers and real estate agent commissions are subject to 3rd party mortgage company approval and subject to the seller (s) acceptance of those approval terms.INVESTOR ALERT !!! Come see this wonderful opportunity to get started in investment properties or to add to your portfolio. This 3 level house in popular Baynard Blvd location. Close to everything. This multi-unit building is in the tip of the historic district and has a lot of old world charm. All floors, H/W flooring, custom trim and wood casing rarely seen in today's building environment. Main level fireplace is a plus. Main level has access to basement for storage Access to 2nd floor and 3rd floors separate entrance. Separate meters. Off Street parking is available for tenants. This a great multi-unit building in a great location. Seller wishes to sell property as is condition.
No Central Air Conditioning
All Water Heaters Need to be replaced
Plaster work/repair where toilet above leaked and several
other areas need patching
Will need to do your own due diligence and inspections
LIVE IN ONE APARTMENT, LET THE OTHER 2 PAY YOUR MORTGAGE. Wow…buy this home and it will pay for itself.
The income you make in the future will count towards your qualifying income!!! Located in a highly residential area, this building with some hard work and cash can perform as a rental tri-plex. The main floor entry can be used as your own home, or
rent all three units. It could also be used for home plus office, or renovate into a huge one story home. The options are countless.
Each apartment could rent for $1,000+ P/M. Each apartment could enjoy its own dedicated heating, central cooling and hot water systems so the tenants pay all of the utilities (except sewer and water) Building in need of renovation.
Located in a highly owner-occupied residential neighborhood within great access to public transportation, downtown business center, Riverfront attractions and amenities, Interstate Highway 95 and 4 miles to St. Elizabeth's school and park. Trash collection is included in municipal taxes.
This is a rarely available, multi family property in need of renovation. Showings are limited to two open houses….watch for scheduling. First will be for investors only, second will be for all interested buyers. First week in September. Property is “coming soon” no visitation at present time.
Last Agent to Sell the Property
(302) 668-6195 slambert@weichert.com Weichert Realtors Cornerstone License #RS0018005 Listed on: 09/06/2021
Last Buyer's Agent
(302) 668-6195 slambert@weichert.com Weichert Realtors Cornerstone License #RS0018005 Listed on: 09/06/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,749
Year Built
- Built in 1928
Lot Details
- 2,614 Sq Ft Lot
- Lot Dimensions are 56.00 x 118.70
- Downtown Location
- North Facing Home
- Level Lot
- Property is in below average condition
- Property is zoned 26R-2A
Parking
- 1 Car Detached Garage
- 2 Driveway Spaces
- Parking Storage or Cabinetry
Home Design
- Traditional Architecture
- Entry on the 1st floor
- Brick Exterior Construction
- Brick Foundation
- Plaster Walls
- Asbestos Shingle Roof
Interior Spaces
- 1,925 Sq Ft Home
- Property has 3 Levels
- Dual Staircase
- Built-In Features
- Ceiling Fan
- Wood Burning Fireplace
- Dining Area
- Wood Flooring
Kitchen
- Second Kitchen
- Oven
Bedrooms and Bathrooms
Laundry
- Dryer
- Washer
Basement
- Connecting Stairway
- Laundry in Basement
Outdoor Features
- Wrap Around Porch
Schools
- Warner Elementary School
- Skyline Middle School
- John Dickinson High School
Utilities
- Heating System Uses Steam
- 200+ Amp Service
- Multi-Tank Hot Water Heater
- Municipal Trash
- Phone Available
- Cable TV Available
Community Details
- No Home Owners Association
- Concord Heights Subdivision
Listing and Financial Details
- Tax Lot 124
- Assessor Parcel Number 26-015.10-124
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 6, 2021
Closed on
Mar 2, 2022
Sold by
Tsaldaris Andrew G
Bought by
Spence Judith
Seller's Agent
Sharon Lambert
Weichert Realtors Cornerstone
Buyer's Agent
Sharon Lambert
Weichert Realtors Cornerstone
List Price
$250,000
Sold Price
$220,000
Premium/Discount to List
-$30,000
-12%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,016
Avg. Annual Appreciation
11.29%
Purchase Details
Closed on
Oct 22, 2015
Sold by
Tsaldaris Nicholas G and Tsaldaris Andrew G
Bought by
Tsaldaris Andrew G
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Spence Judith | $220,000 | None Listed On Document | |
| Tsaldaris Andrew G | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/02/2022 03/02/22 | Sold | $220,000 | -8.3% | $114 / Sq Ft |
| 10/14/2021 10/14/21 | Pending | -- | -- | -- |
| 09/28/2021 09/28/21 | Price Changed | $239,900 | -4.0% | $125 / Sq Ft |
| 09/06/2021 09/06/21 | For Sale | $250,000 | -- | $130 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,016 | $64,600 | $7,800 | $56,800 |
| 2023 | $1,752 | $64,600 | $7,800 | $56,800 |
| 2022 | $1,760 | $64,600 | $7,800 | $56,800 |
| 2021 | $441 | $60,100 | $7,800 | $52,300 |
| 2020 | $444 | $60,100 | $7,800 | $52,300 |
| 2019 | $1,648 | $60,100 | $7,800 | $52,300 |
| 2018 | $62 | $60,100 | $7,800 | $52,300 |
| 2017 | $2,663 | $60,100 | $7,800 | $52,300 |
| 2016 | $2,663 | $60,100 | $7,800 | $52,300 |
| 2015 | $2,547 | $60,100 | $7,800 | $52,300 |
| 2014 | $1,475 | $60,100 | $7,800 | $52,300 |
Source: Public Records
Agents Affiliated with this Home
-
Sharon Lambert
Map
Source: Bright MLS
MLS Number: DENC2004538
APN: 26-015.10-124
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