Seller's Agent in 2018
Andrew White
Compass
(302) 893-7602
1 in this area
249 Total Sales
2704 N Madison St Wilmington, DE 19802
Baynard Village NeighborhoodEstimated Value: $243,000 - $275,000
--
Bed
2
Baths
1,725
Sq Ft
$146/Sq Ft
Est. Value
Highlights
- No HOA
- Forced Air Heating and Cooling System
- Laundry Facilities
- En-Suite Primary Bedroom
- Ceiling Fan
- Replacement Windows
About This Home
As of January 2018Back on the market due to buyer financing falling through...Income producing duplex with Tenants in place. Property has been tastefully renovated from top to bottom, new HVAC, new water heaters, updated kitchens and bathrooms etc. First floor is a one bedroom unit ($800/month) and the second floor apartment has 2 bedrooms ($920/month). There is also coin operated washer/dryer in the basement which brings in additional income. This is a great property to add to your investment portfolio, don't miss out!!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,607
Year Built
- Built in 1926
Lot Details
- 1,742 Sq Ft Lot
- Lot Dimensions are 28x65
- Property is in good condition
Parking
- On-Street Parking
Home Design
- Duplex
- Brick Exterior Construction
- Stone Foundation
- Pitched Roof
Interior Spaces
- En-Suite Primary Bedroom
- 1,725 Sq Ft Home
- Ceiling Fan
- Replacement Windows
- Wall to Wall Carpet
Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Schools
- Claymont Elementary School
- Talley Middle School
- Brandywine High School
Utilities
- Forced Air Heating and Cooling System
- 100 Amp Service
- Electric Water Heater
Listing and Financial Details
- Tax Lot 007
- Assessor Parcel Number 26-015.40-007
Community Details
Overview
- No Home Owners Association
- Wilm #05 Subdivision
Amenities
- Laundry Facilities
Building Details
- Income includes laundry
- Operating Expense $2,572
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 24, 2017
Closed on
Jan 26, 2018
Sold by
Dewson Construction Co Inc
Bought by
Evans Samson D
Seller's Agent
Andrew White
Compass
Buyer's Agent
Maria Ramos
BHHS Fox & Roach-Christiana
List Price
$175,000
Sold Price
$170,000
Premium/Discount to List
-$5,000
-2.86%
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
$82,181
Avg. Annual Appreciation
4.46%
Original Mortgage
$166,920
Outstanding Balance
$143,847
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$93,467
Purchase Details
Closed on
Dec 13, 2010
Sold by
Lincoln Street Properties Llc
Bought by
Dewson Construction Company
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
4.83%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 1, 2010
Sold by
Dewson Construction Co Inc
Bought by
Lincoln Street Properties Llc
Purchase Details
Closed on
Feb 18, 2010
Sold by
Fannie Mae
Bought by
Dewson Construction Co Inc
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 |
|---|---|---|---|
| Evans Samson D | -- | None Available | |
| Dewson Construction Company | -- | None Available | |
| Lincoln Street Properties Llc | $30,000 | None Available | |
| Dewson Construction Co Inc | $46,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Evans Samson D | $166,920 | |
| Previous Owner | Dewson Construction Co Inc | $157,500 | |
| Previous Owner | Gress Robert F | $105,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/30/2018 01/30/18 | Sold | $170,000 | -2.9% | $99 / Sq Ft |
| 12/15/2017 12/15/17 | Pending | -- | -- | -- |
| 10/30/2017 10/30/17 | Price Changed | $175,000 | 0.0% | $101 / Sq Ft |
| 10/30/2017 10/30/17 | For Sale | $175,000 | -2.7% | $101 / Sq Ft |
| 09/26/2017 09/26/17 | Pending | -- | -- | -- |
| 07/31/2017 07/31/17 | For Sale | $179,900 | 0.0% | $104 / Sq Ft |
| 07/31/2017 07/31/17 | Pending | -- | -- | -- |
| 07/17/2017 07/17/17 | Price Changed | $179,900 | -2.8% | $104 / Sq Ft |
| 01/24/2017 01/24/17 | For Sale | $185,000 | -- | $107 / 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 | $1,126 | $36,100 | $5,300 | $30,800 |
| 2023 | $979 | $36,100 | $5,300 | $30,800 |
| 2022 | $983 | $36,100 | $5,300 | $30,800 |
| 2021 | $982 | $36,100 | $5,300 | $30,800 |
| 2020 | $987 | $36,100 | $5,300 | $30,800 |
| 2019 | $1,713 | $36,100 | $5,300 | $30,800 |
| 2018 | $983 | $36,100 | $5,300 | $30,800 |
| 2017 | $981 | $36,100 | $5,300 | $30,800 |
| 2016 | $930 | $36,100 | $5,300 | $30,800 |
| 2015 | $1,530 | $36,100 | $5,300 | $30,800 |
| 2014 | $1,452 | $36,100 | $5,300 | $30,800 |
Source: Public Records
Agents Affiliated with this Home
-
Andrew White
-
Alicia Fox
A
Seller Co-Listing Agent in 2018
Alicia Fox
Compass
(302) 419-5477
12 Total Sales
-
Maria Ramos
Buyer's Agent in 2018
Maria Ramos
BHHS Fox & Roach
(610) 999-4824
1 in this area
76 Total Sales
Map
Source: Bright MLS
MLS Number: 1000322625
APN: 26-015.40-007
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