NOT LISTED FOR SALE

2502 N Madison St Wilmington, DE 19802

Baynard Village Neighborhood

Estimated Value: $205,000 - $267,177

3 Beds
1.5 Baths
875 Sq Ft
$283/Sq Ft Est. Value

Last Sold July 07, 2021

Last sale price $180,000 $206 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,349/month

10 Days on Market

Highlights

  • Traditional Architecture
  • Fireplace
  • Central Air
  • No HOA
  • Living Room
  • Dining Room

About This Home

As of July 2021

Amazing, complete renovation in Wilmington. This 3 bed 1 and a half bath home was gutted and rebuilt with all of the necessary permits and inspections and shows like a new home. Schedule a tour before it's too late.

Last Agent to Sell the Property

KC DiAmbrosio

Patterson-Schwartz-Hockessin Listed on: 05/20/2021

Patterson-Schwartz-Hockessin

Last Buyer's Agent

Marcus Thompson

Tesla Realty Group, LLC License #RS-0024785

Tesla Realty Group, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,239

Year Built

  • Built in 1925

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 20.70 x 65.50

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 875 Sq Ft Home
  • Property has 2 Levels
  • Fireplace
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 316
  • Assessor Parcel Number 26-015.30-316

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,239

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Remarks Public: Amazing, complete renovation in Wilmington. This 3 bed 1 and a half bath home was gutted and rebuilt with all of the necessary permits and inspections and shows like a new home. Schedule a tour before it's too late.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Kitchen
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 875
  • Living Area Sq Ft: 875
  • Price Per Sq Ft: 211.31
  • Above Grade Finished Sq Ft: 875
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2502

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Hot Water
  • 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: RED CLAY CONSOLIDATED
  • School District Key: 300200396545
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 23300.00
  • Land Assessed Value: 3700.00
  • Lot Size Acres: 0.03
  • Lot Dimensions: 20.70 x 65.50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Year Assessed: 2020
  • Zoning: 26R-3
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2394891
  • School Tax: 669.00
  • Tax Annual Amount: 1239.00
  • Assessor Parcel Number: 26-015.30-316
  • Tax Lot: 316
  • Tax Total Finished Sq Ft: 875
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 07/07/2021

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Jul 7, 2021
Sold by
Jeg Properties Llc
Bought by
Warren Leah
Seller's Agent
KC DiAmbrosio
Patterson-Schwartz-Hockessin
Buyer's Agent
Marcus Thompson
Tesla Realty Group, LLC
List Price
$185,000
Sold Price
$180,000
Premium/Discount to List
-$5,000
-2.7%
Current Estimated Value
$234,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,824
Avg. Annual Appreciation
3.77%
Original Mortgage
$176,739
Outstanding Balance
$162,224
Interest Rate
2.96%
Mortgage Type
FHA
Estimated Equity
$47,385

Purchase Details

Listed on
Feb 21, 2019
Closed on
Apr 26, 2019
Sold by
Dacus Lynn A
Bought by
Jeg Properties Llc
Seller's Agent
JOHNNIE MAGOBET
EXP Realty, LLC
Buyer's Agent
Neil Douen
EXP Realty, LLC
List Price
$90,000
Sold Price
$40,000
Premium/Discount to List
-$50,000
-55.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
98.11%

Purchase Details

Closed on
Nov 29, 2007
Sold by
Dacus Lynn A and Byrd Lynn A
Bought by
Dacus Lynn A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Warren Leah -- None Available
Jeg Properties Llc -- Global Title Inc
Dacus Lynn A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Warren Leah $4,645
Open Warren Leah $19,250
Open Warren Leah $176,739
Closed Warren Leah $7,069
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2021 07/07/21 Sold $180,000 -2.7% $206 / Sq Ft
05/30/2021 05/30/21 Pending -- -- --
05/22/2021 05/22/21 Price Changed $184,900 -0.1% $211 / Sq Ft
05/20/2021 05/20/21 For Sale $185,000 +362.5% $211 / Sq Ft
04/26/2019 04/26/19 Sold $40,000 -20.0% $46 / Sq Ft
04/07/2019 04/07/19 Price Changed $50,000 -16.7% $57 / Sq Ft
03/16/2019 03/16/19 Price Changed $60,000 -14.3% $69 / Sq Ft
02/26/2019 02/26/19 Price Changed $70,000 -22.2% $80 / Sq Ft
02/21/2019 02/21/19 For Sale $90,000 -- $103 / 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 $842 $27,000 $3,700 $23,300
2023 $732 $27,000 $3,700 $23,300
2022 $736 $27,000 $3,700 $23,300
2021 $734 $27,000 $3,700 $23,300
2020 $739 $27,000 $3,700 $23,300
2019 $539 $27,000 $3,700 $23,300
2018 $1,929 $27,000 $3,700 $23,300
2017 $1,196 $27,000 $3,700 $23,300
2016 $1,196 $27,000 $3,700 $23,300
2015 $1,144 $27,000 $3,700 $23,300
2014 $390 $27,000 $3,700 $23,300
Source: Public Records

Agents Affiliated with this Home

  • KC DiAmbrosio

    Seller's Agent in 2021

    KC DiAmbrosio

    Patterson Schwartz

    (302) 388-9802

    2 in this area

    191 Total Sales

    Section Image
  • Marcus Thompson

    Buyer's Agent in 2021

    Marcus Thompson

    Tesla Realty Group, LLC

    (302) 893-2435

    2 in this area

    14 Total Sales

    Section Image

  • J

    Seller's Agent in 2019

    JOHNNIE MAGOBET

    EXP Realty, LLC

    Section Image
  • Lisa Magobet

    Seller Co-Listing Agent in 2019

    Lisa Magobet

    Tesla Realty Group, LLC

    (302) 897-9273

    1 in this area

    71 Total Sales

    Section Image
  • Neil Douen

    Buyer's Agent in 2019

    Neil Douen

    EXP Realty, LLC

    (302) 650-4482

    172 Total Sales

    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DENC527116

Bright MLS

APN: 26-015.30-316

Delaware New Castle County Wilmington 19802 Baynard Village

2502 N Madison St, Wilmington, DE

This home is located at 2502 N Madison St, Wilmington, DE 19802 since 20 May 2021 and is currently estimated at $247,794, approximately $283 per square foot. This property was built in 1925. 2502 N Madison 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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