2602 N Broom St Wilmington, DE 19802
Ninth Ward NeighborhoodEstimated Value: $196,000 - $253,000
3
Beds
1
Bath
1,425
Sq Ft
$157/Sq Ft
Est. Value
Highlights
- 1 Fireplace
- Living Room
- Forced Air Heating System
- No HOA
- En-Suite Primary Bedroom
- 3-minute walk to Harrison Triangle Park
About This Home
As of October 2020Make an offer, Make an Offer, Make an Offer! Inventory is low and interest rates are even lower so now is the time to secure a property. This is a perfect opportunity to purchase a property situated in the city of Wilmington close to Sallies School and the Brandywine River. Home is conveniently located on public bus route, easy access to I 95, close to city parks and minutes from downtown Wilmington. First time home buyers and Investors can capitalize off of the low listed price for this property. Take a look at the comps in the area and you will quickly determine that with alittle TLC this property can give you a great equity return. A solid brick exterior property with designated rear parking that has been fully paved is perfect for your portfolio and a fantastic start for a new home buyer. Once you enter the house you will settle into a large living room with a brick fire place. Adjacent to the living room you will enter a full dining room area that is able to fit a large size dining room table to accommodate the majority of functions. The kitchen is well position offering room for sufficient cabinet space. There is a full unfinished basement that can be used for storage or finished to add additional living space. Upstairs you will find spacious bedrooms which are very hard to find in the city. This 2 Story solid brick home is ready to go and will not last long in this market of very low inventory. Seller is very motivated and looking forward to a quick closing! The property is sold as is with the price reflecting the condition. A 1 year home warranty will be offered with a reasonable agreed upon offer. Make sure you schedule your appointment today!
Last Listed By
Long & Foster Real Estate, Inc. License #RS-0016380 Listed on: 03/08/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,262
Year Built
- Built in 1920
Lot Details
- 1,742 Sq Ft Lot
- Lot Dimensions are 31.50 x 60.00
- Property is zoned 26R-2A
Parking
- Off-Street Parking
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,425 Sq Ft Home
- Property has 2 Levels
- 1 Fireplace
- Living Room
- Dining Room
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- En-Suite Primary Bedroom
- 1 Full Bathroom
Utilities
- Cooling System Utilizes Natural Gas
- Window Unit Cooling System
- Forced Air Heating System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Concord Subdivision
Listing and Financial Details
- Home warranty included in the sale of the property
- Tax Lot 057
- Assessor Parcel Number 26-008.30-057
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 8, 2020
Closed on
Oct 19, 2020
Sold by
Ward Patricia Pettaway
Bought by
Harvey Ferdell S
Seller's Agent
Clifton Skinner
Long & Foster Real Estate, Inc.
Buyer's Agent
Ivory Miller
Potter Realtors
List Price
$138,900
Sold Price
$132,000
Premium/Discount to List
-$6,900
-4.97%
Total Days on Market
135
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
$91,945
Avg. Annual Appreciation
13.65%
Original Mortgage
$4,051
Outstanding Balance
$3,679
Interest Rate
2.81%
Mortgage Type
New Conventional
Estimated Equity
$234,154
Purchase Details
Closed on
Jun 21, 2019
Sold by
Ward Patricia Pettaway and Beaucamp Naomi Pettaway
Bought by
Ward Patricia Pettaway
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.6%
Mortgage Type
New Conventional
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
Similar Homes in Wilmington, DE
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Harvey Ferdell S | $132,000 | None Available | |
| Ward Patricia Pettaway | -- | Avenue 365 Lender Svcs Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Harvey Ferdell S | $4,051 | |
| Open | Harvey Ferdell S | $135,036 | |
| Previous Owner | Ward Patricia Pettaway | $125,000 | |
| Previous Owner | Pettaway Naomi | $137,394 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/19/2020 10/19/20 | Sold | $132,000 | +1.5% | $93 / Sq Ft |
| 07/21/2020 07/21/20 | Pending | -- | -- | -- |
| 06/12/2020 06/12/20 | Price Changed | $130,000 | -2.9% | $91 / Sq Ft |
| 04/30/2020 04/30/20 | Price Changed | $133,900 | -3.6% | $94 / Sq Ft |
| 03/07/2020 03/07/20 | For Sale | $138,900 | -- | $97 / 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 | $858 | $27,500 | $6,000 | $21,500 |
| 2023 | $746 | $27,500 | $6,000 | $21,500 |
| 2022 | $749 | $27,500 | $6,000 | $21,500 |
| 2021 | $748 | $27,500 | $6,000 | $21,500 |
| 2020 | $752 | $27,500 | $6,000 | $21,500 |
| 2019 | $1,305 | $27,500 | $6,000 | $21,500 |
| 2018 | $203 | $27,500 | $6,000 | $21,500 |
| 2017 | $1,219 | $27,500 | $6,000 | $21,500 |
| 2016 | $1,219 | $27,500 | $6,000 | $21,500 |
| 2015 | $1,165 | $27,500 | $6,000 | $21,500 |
| 2014 | $1,105 | $27,500 | $6,000 | $21,500 |
Source: Public Records
Agents Affiliated with this Home
-
Clifton Skinner
Seller's Agent in 2020
Clifton Skinner
Long & Foster
(302) 373-5231
1 in this area
30 Total Sales
-
Ivory Miller
Buyer's Agent in 2020
Ivory Miller
Potter Realtors
1 in this area
5 Total Sales
Map
Source: Bright MLS
MLS Number: DENC496426
APN: 26-008.30-057
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