$120,500
SOLD JAN 18, 2013

2925 Duncan Rd Wilmington, DE 19808

2 Beds
2 Baths
1,500 Sq Ft
0.53 Acres

Recently Sold

$80 Per Sq Ft

27% Above List Price

30 Days on Market

Highlights

  • 0.53 Acre Lot
  • 1 Fireplace
  • Living Room
  • Rambler Architecture
  • No HOA
  • En-Suite Primary Bedroom

About This Home

As of May 2013

R-7449 - OFFER HAS BEEN ACCEPTED by seller, waiting on addendum and signatures. Bank Owned. 2 Bedroom 2 bath Needs some major TLC.

Last Agent to Sell the Property

A. DANIEL WEST

RE/MAX Horizons License #TREND:60010885 Listed on: 12/10/2012

Co-Listed By

Steve Schmidt

RE/MAX Horizons License #RB-0031118

Last Buyer's Agent

Richard Harris

BHHS Fox & Roach-Greenville License #RS-313216

BHHS Fox & Roach-Greenville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,411

Year Built

  • Built in 1950

Lot Details

  • 0.53 Acre Lot
  • Property is in below average condition
  • Property is zoned NC6.5

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Basement

  • Partial Basement
  • Laundry in Basement

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 060
  • Assessor Parcel Number 08-032.20-060

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,411

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1950
  • Remarks Public: R-7449 - OFFER HAS BEEN ACCEPTED by seller, waiting on addendum and signatures. Bank Owned. 2 Bedroom 2 bath Needs some major TLC.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Basement
  • Total Sq Ft: 1500
  • Living Area Sq Ft: 1500
  • Net Sq Ft: 1500.00
  • Price Per Sq Ft: 63.27
  • Above Grade Finished Sq Ft: 1500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2925

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Heat Pump - Electric Backup, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: RED CLAY CONSOLIDATED
  • School District Key: 300200396545

Lot Info

  • Improvement Assessed Value: 38300.00
  • Land Assessed Value: 18000.00
  • Lot Size Acres: 0.53
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 23087.00
  • Property Condition: Below Average
  • Zoning: NC6.5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2276634
  • Tax Annual Amount: 1411.00
  • Assessor Parcel Number: 08-032.20-060
  • Tax Lot: 060
  • Tax Year: 2012
  • Close Date: 01/18/2013

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2013
Closed on
May 29, 2013
Sold by
Shulkov Andrey and Shulkov Svetlana
Bought by
Kelley Christina
Seller's Agent
Richard Harris
BHHS Fox & Roach-Greenville
Buyer's Agent
Ryan Zinn
Patterson-Schwartz - Greenville
List Price
$239,900
Sold Price
$245,000
Premium/Discount to List
$5,100
2.13%
Current Estimated Value
$411,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,492
Avg. Annual Appreciation
4.38%
Original Mortgage
$240,562
Outstanding Balance
$169,867
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$244,271

Purchase Details

Listed on
Dec 10, 2012
Closed on
Jan 3, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Shulkov Andrey and Shulkov Svetlana
Seller's Agent
A. DANIEL WEST
RE/MAX Horizons
Buyer's Agent
Richard Harris
BHHS Fox & Roach-Greenville
List Price
$94,900
Sold Price
$120,500
Premium/Discount to List
$25,600
26.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
617.88%

Purchase Details

Closed on
Oct 24, 2012
Sold by
Rodney Helen Rebecca and Estate Of Larry Nelson Rodney
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Feb 27, 2007
Sold by
Melson Holdings Llc
Bought by
Rodney Larry Nelson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 2004
Sold by
Melson Holdings Llc
Bought by
Hamilton Robert G and Hamilton Mary Lou

Purchase Details

Closed on
Aug 14, 2003
Sold by
Fleming Paul L
Bought by
Melson Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $245,000 None Available
Special Master Deed $120,500 None Available
Quit Claim Deed -- None Available
Deed $285,000 None Available
Deed $5,600 --
Deed $8,400 --
Deed $139,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $240,562 FHA
Previous Owner $255,000 Unknown
Previous Owner $200,000 Purchase Money Mortgage
Previous Owner $10,000 New Conventional
Previous Owner $140,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2013 05/29/13 Sold $245,000 0.0% $163 / Sq Ft
04/23/2013 04/23/13 Pending -- -- --
04/23/2013 04/23/13 Off Market $245,000 -- --
04/22/2013 04/22/13 Price Changed $245,000 +2.1% $163 / Sq Ft
04/15/2013 04/15/13 For Sale $239,900 +99.1% $160 / Sq Ft
01/18/2013 01/18/13 Sold $120,500 0.0% $80 / Sq Ft
01/09/2013 01/09/13 Pending -- -- --
12/16/2012 12/16/12 Off Market $120,500 -- --
12/10/2012 12/10/12 For Sale $94,900 -- $63 / 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 $2,080 $56,300 $18,000 $38,300
2023 $1,835 $56,300 $18,000 $38,300
2022 $1,857 $56,300 $18,000 $38,300
2021 $1,857 $56,300 $18,000 $38,300
2020 $1,863 $56,300 $18,000 $38,300
2019 $2,066 $56,300 $18,000 $38,300
2018 $1,823 $56,300 $18,000 $38,300
2017 $1,801 $56,300 $18,000 $38,300
2016 $1,720 $56,300 $18,000 $38,300
2015 $1,611 $56,300 $18,000 $38,300
2014 $1,491 $56,300 $18,000 $38,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004182958

Bright MLS

APN: 08-032.20-060