NOT LISTED FOR SALE

2711 Duncan Rd Wilmington, DE 19808

Estimated Value: $409,000 - $613,618

3 Beds
1.5 Baths
1,950 Sq Ft
$243/Sq Ft Est. Value

Last Sold February 23, 2015

Last sale price $225,000 $115 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $2,739/month

71 Days on Market

Highlights

  • Water Views
  • 3.12 Acre Lot
  • Wooded Lot
  • Water Oriented
  • Colonial Architecture
  • Wood Flooring

About This Home

As of February 2015

GREAT OPPORTUNITY to have MANY OPTIONS on this 3.12 acre parcel of land. It currently has a house that needs a whole lot of work if you'd like to get it renovated. If you do, I'd certainly recommend that you add some more space as there is a tremendous amount of land. Only think of that if you want some "SWEAT EQUITY" as you'll have to work hard. BTW, it has a huge detached garage/barn as well. MORE OPTIONS: tear the house down and build a brand new home that has all the marvelous amenities that you are looking for. With all the privacy that this lot has, it will be an absolutely wonderful place to live. ANOTHER OPTION: There is a possibility that you can subdivide this property. It would be no problem at all to have a 2nd lot. However, if you are an investor, you should check with a Civil Engineer and New Castle County to see if it is possible to do a Major Subdivision & put some very high end townhomes on this property. ANOTHER OPTION: Since this is a 3 acre lot, you may very well be able to renovate and expand this house and turn it into an office area. "Check it Out". Beautiful Woods, Beautiful Creek, Great Location, Public Sewer and Water. If you want to go inside, make sure you take a flashlight. AWAY WE GO!

Last Agent to Sell the Property

Eddie Riggin

(302) 218-8095 Eddie@RigginGroupRealEstate.com RE/MAX Elite Listed on: 11/21/2014

Last Buyer's Agent

JOHN Mason

john.mason@foxroach.com BHHS Fox & Roach - Hockessin License #TREND:60051937

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,046

Year Built

  • Built in 1950

Lot Details

  • 3.12 Acre Lot
  • Creek or Stream
  • Wooded Lot
  • Back, Front, and Side Yard
  • Subdivision Possible
  • Property is in below average condition
  • Property is zoned NC10

Parking

  • 4 Car Detached Garage
  • 3 Open Parking Spaces
  • Driveway

Home Design

  • Colonial Architecture
  • Split Level Home
  • Brick Exterior Construction
  • Slate Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,950 Sq Ft Home
  • Brick Fireplace
  • Family Room
  • Living Room
  • Wood Flooring
  • Water Views
  • Eat-In Kitchen
  • Laundry on lower level
  • Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1.5 Bathrooms

Basement

  • Partial Basement
  • Exterior Basement Entry

Outdoor Features

  • Water Oriented
  • Exterior Lighting
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Oil
  • Oil Water Heater

Additional Features

  • Mobility Improvements
  • Property is near a creek

Community Details

  • No Home Owners Association
  • Cooper Farms Subdivision

Listing and Financial Details

  • Tax Lot 113
  • Assessor Parcel Number 08-032.40-113

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,046

Year Built

Built in 1950

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Split Level
  • Accessibility Features: Mobility Improvements
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Living Room
  • Levels Count: Other
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Partial, Outside Entrance
  • Laundry Type: Lower Floor
  • Total Sq Ft: 1950
  • Living Area Sq Ft: 1950
  • Net Sq Ft: 1950.00
  • Price Per Sq Ft: 141.03
  • Above Grade Finished Sq Ft: 1950
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding, Vinyl Siding, Brick
  • Construction Completed: No
  • Exterior Features: Exterior Lighting
  • Roof: Slate
  • View: Water
  • Water Body Type: Creek/Stream
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Garage Features: Oversized
  • Number Of Detached Garage Spaces: 4
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Electric Service: Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Oil, Forced Air
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 53600.00
  • Land Assessed Value: 23700.00
  • Lot Features: Trees/Wooded, Front Yard, Rear Yard, Sideyard(s), Subdivision Possible
  • Lot Size Acres: 3.12
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 135907.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Below Average
  • Zoning: NC10

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2277015
  • Tax Annual Amount: 2046.00
  • Assessor Parcel Number: 08-032.40-113
  • Tax Lot: 113
  • Tax Year: 2014

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2015
Sold by
Fox Russell B
Bought by
Fox Russell B and Fox Lillie L
Current Estimated Value
$474,655

Purchase Details

Listed on
Nov 21, 2014
Closed on
Feb 23, 2015
Sold by
Watson Thomas B
Bought by
Fox Russell B
Seller's Agent
Eddie Riggin
RE/MAX Elite
Buyer's Agent
JOHN Mason
BHHS Fox & Roach - Hockessin
List Price
$275,000
Sold Price
$225,000
Premium/Discount to List
-$50,000
-18.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%
Original Mortgage
$304,000
Outstanding Balance
$231,979
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$242,676
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Fox Russell B -- None Available
Fox Russell B $225,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fox Russell B $304,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2015 02/23/15 Sold $225,000 -18.2% $115 / Sq Ft
01/31/2015 01/31/15 Pending -- -- --
11/21/2014 11/21/14 For Sale $275,000 -- $141 / 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 $2,907 $92,200 $23,700 $68,500
2023 $2,505 $92,200 $23,700 $68,500
2022 $2,541 $92,200 $23,700 $68,500
2021 $3,051 $92,200 $23,700 $68,500
2020 $3,051 $92,200 $23,700 $68,500
2019 $3,200 $92,200 $23,700 $68,500
2018 $2,985 $92,200 $23,700 $68,500
2017 $2,949 $92,200 $23,700 $68,500
2016 $2,361 $77,300 $23,700 $53,600
2015 $2,212 $77,300 $23,700 $53,600
2014 -- $77,300 $23,700 $53,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003157942

Bright MLS

APN: 08-032.40-113