NOT LISTED FOR SALE

27 Polk Dr Wilmington, DE 19809

Estimated Value: $106,000 - $152,000

3 Beds
1 Bath
1,200 Sq Ft
$107/Sq Ft Est. Value

Last Sold July 28, 2022

Last sale price $85,000 $71 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $766/month

Highlights

  • Colonial Architecture
  • No HOA
  • Carpet
  • Pierre S. Dupont Middle School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of July 2022

Great investment opportunity in Edgemoor Gardens! Tenant occupied, income producing 3 bedroom 1 bath townhome is currently rented on month to month lease. Tenant would love to stay. Full service kitchen offers ample cabinets and appliances. Great sized living room and eat in dining room. Rear yard is fenced. Wonderful location that is close to 95/495, train station and downtown area for shopping and many restaurants. Showings only on Monday 9-11 with 48 hours notice.

*****PLEASE BE RESPECTFUL OF TENANTS. DO NOT CALL OR SHOW UP AT PROPERTY*****

Last Agent to Sell the Property

Lauren Janes

Compass License #5016145 Listed on: 04/27/2022

Compass

Co-Listed By

Rachel Papaleo

Patterson-Schwartz-Hockessin License #RS0036822

Last Buyer's Agent

Moses Nanga

Iron Valley Real Estate at The Beach

Iron Valley Real Estate at The Beach

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $872

Year Built

  • Built in 1940

Lot Details

  • 1,742 Sq Ft Lot

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • Property has 2 Levels

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • 1 Driveway Space
  • Paved Parking

Schools

  • Mount Pleasant Elementary School
  • Dupont Middle School
  • Mount Pleasant High School

Utilities

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

Community Details

  • No Home Owners Association
  • Edgemoor Gardens Subdivision

Listing and Financial Details

  • Tax Lot 055
  • Assessor Parcel Number 06-150.00-055

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$872

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: All tenants property
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Upper 1
  • Federal Flood Zone: No
  • Year Built: 1940
  • Remarks Public: Great investment opportunity in Edgemoor Gardens! Tenant occupied, income producing 3 bedroom 1 bath townhome is currently rented on month to month lease. Tenant would love to stay. Full service kitchen offers ample cabinets and appliances. Great sized living room and eat in dining room. Rear yard is fenced. Wonderful location that is close to 95/495, train station and downtown area for shopping and many restaurants. Showings only on Monday 9-11 with 48 hours notice. *****PLEASE BE RESPECTFUL OF TENANTS. DO NOT CALL OR SHOW UP AT PROPERTY*****
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Carpet, Vinyl
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Price Per Sq Ft: 76.67
  • Above Grade Finished Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 27

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • 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
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: BRANDYWINE
  • Elementary School: MOUNT PLEASANT
  • Middle School: DUPONT
  • High School: MOUNT PLEASANT
  • School District Key: 300200396892
  • School District Source: Listing Agent
  • Elementary School: MOUNT PLEASANT
  • High School: MOUNT PLEASANT
  • Middle Or Junior School: DUPONT

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 21500.00
  • Land Assessed Value: 3900.00
  • Land Lease: No
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Year Assessed: 2018
  • Zoning: NCTH
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Total Actual Rent: 12240.00
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 2248908
  • School Tax: 662.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 872.00
  • Assessor Parcel Number: 06-150.00-055
  • Tax Lot: 055
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 07/28/2022

MLS Schools

  • School District Name: BRANDYWINE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2022
Closed on
Jul 28, 2022
Sold by
Paradise Estate Llc
Bought by
Tran Long Kim
Seller's Agent
Lauren Janes
Compass
Buyer's Agent
Moses Nanga
Iron Valley Real Estate at The Beach
List Price
$99,000
Sold Price
$85,000
Premium/Discount to List
-$14,000
-14.14%
Current Estimated Value
$128,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,213
Avg. Annual Appreciation
13.99%
Original Mortgage
$72,000
Interest Rate
4.59%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 5, 2019
Closed on
Apr 2, 2019
Sold by
Ams Global Holdings Llc
Bought by
Paradise Estate Llc
Seller's Agent
Paul Pantano
Pantano Real Estate Inc
Buyer's Agent
Tony Carlton
RE/MAX Associates-Wilmington
List Price
$59,900
Sold Price
$56,000
Premium/Discount to List
-$3,900
-6.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.39%

Purchase Details

Closed on
Oct 25, 2007
Sold by
Jrs Holding Llc
Bought by
Ams Global Holdings Llc and Ams Global Holdings Llc Series #33

Purchase Details

Closed on
Jun 10, 2005
Sold by
Chubb Ralph G and Chubb Nancy A
Bought by
Jrs Holding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 17, 2003
Sold by
Rossitto Paul S and Rossitto Tammy
Bought by
Chubb Ralph G and Chubb Nancy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,800
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
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
Tran Long Kim $85,000 None Listed On Document
Paradise Estate Llc -- None Available
Ams Global Holdings Llc $87,114 None Available
Jrs Holding Llc -- --
Chubb Ralph G $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tran Long Kim $49,999
Closed Tran Long Kim $8,000
Closed Tran Long Kim $72,000
Previous Owner Jrs Holding Llc $550,000
Previous Owner Chubb Ralph G $37,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2022 07/28/22 Sold $85,000 -7.6% $71 / Sq Ft
06/22/2022 06/22/22 Pending -- -- --
06/03/2022 06/03/22 Price Changed $92,000 -7.1% $77 / Sq Ft
04/27/2022 04/27/22 For Sale $99,000 +76.8% $83 / Sq Ft
04/02/2019 04/02/19 Sold $56,000 -6.5% $47 / Sq Ft
03/25/2019 03/25/19 Pending -- -- --
02/27/2019 02/27/19 For Sale $59,900 0.0% $50 / Sq Ft
02/15/2019 02/15/19 Pending -- -- --
02/05/2019 02/05/19 For Sale $59,900 -- $50 / 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 $992 $25,400 $3,900 $21,500
2023 $908 $25,400 $3,900 $21,500
2022 $919 $25,400 $3,900 $21,500
2021 $919 $25,400 $3,900 $21,500
2020 $918 $25,400 $3,900 $21,500
2019 $1,263 $25,400 $3,900 $21,500
2018 $448 $25,400 $3,900 $21,500
2017 $864 $25,400 $3,900 $21,500
2016 $864 $25,400 $3,900 $21,500
2015 $796 $25,400 $3,900 $21,500
2014 $795 $25,400 $3,900 $21,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2022432

Bright MLS

APN: 06-150.00-055