$82,000
SOLD AUG 8, 2012

305 Channel Rd Wilmington, DE 19809

2 Beds
1 Bath
1,175 Sq Ft
0.26 Acres

Recently Sold

$70 Per Sq Ft

18% Below List Price

72 Days on Market

Highlights

  • Rambler Architecture
  • Wood Flooring
  • No HOA
  • Pierre S. Dupont Middle School Rated A-
  • Attic
  • 1 Car Attached Garage

About This Home

As of November 2013

Investor Alert!!! Unbelievable price for a single family home with a 1 car garage plus a sunroom surrounded by mature landscaping and a secluded back yard with a natural barrier of mature trees. There are hardwood floors; plus the kitchen features a gas range and a double bowl sink. Come for a visit and see if you can envision how charming this ranch would be with fresh paint, plus a modern kitchen and bath.Case 071-089612

Last Agent to Sell the Property

Chris Reed

Patterson-Schwartz-Newark License #TREND:4010323 Listed on: 04/30/2012

Patterson-Schwartz-Newark

Co-Listed By

Karen Parker-Propst

Patterson-Schwartz-Newark License #TREND:4011471

Last Buyer's Agent

Linette Carroll

Keller Williams Realty Wilmington

Keller Williams Realty Wilmington

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75 x 150
  • Level Lot
  • Property is in below average condition

Parking

  • 1 Car Attached Garage
  • 2 Open Parking Spaces

Home Design

  • Rambler Architecture
  • Shingle Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,175 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Dining Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on lower level
  • Attic

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Utilities

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

Community Details

  • No Home Owners Association
  • Gordon Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0614600579

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1940
  • Remarks Public: Investor Alert!!! Unbelievable price for a single family home with a 1 car garage plus a sunroom surrounded by mature landscaping and a secluded back yard with a natural barrier of mature trees. There are hardwood floors; plus the kitchen features a gas range and a double bowl sink. Come for a visit and see if you can envision how charming this ranch would be with fresh paint, plus a modern kitchen and bath.Case 071-089612
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood
  • Fireplace: No
  • Entry Location: Living Room
  • Foundation Details: Concrete Perimeter
  • Levels Count: 1
  • Room Count: 5
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Lower Floor
  • Total Sq Ft: 1175
  • Living Area Sq Ft: 1175
  • Net Sq Ft: 1175.00
  • Price Per Sq Ft: 76.60
  • Above Grade Finished Sq Ft: 1175
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 305

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, 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

Schools

  • School District: BRANDYWINE
  • School District Key: 300200396892

Lot Info

  • Improvement Assessed Value: 43100.00
  • Land Assessed Value: 10500.00
  • Lot Features: Level
  • Lot Size Acres: 0.26
  • Lot Dimensions: 75 X 150
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11326.00
  • Property Condition: Below Average
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2248128
  • Tax Annual Amount: 1786.00
  • Assessor Parcel Number: 0614600579
  • Tax Year: 2011
  • Close Date: 08/08/2012

MLS Schools

  • School District Name: BRANDYWINE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2013
Closed on
Nov 20, 2013
Sold by
Anderson Lucille S and Anderson Leonard E
Bought by
Palmer Jeffrey T
Seller's Agent
Frank Nowaczyk
Weichert Realtors Cornerstone
Buyer's Agent
Hermetta Harper
Patterson-Schwartz-Hockessin
List Price
$199,900
Sold Price
$170,000
Premium/Discount to List
-$29,900
-14.96%
Current Estimated Value
$318,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,913
Avg. Annual Appreciation
5.13%
Original Mortgage
$173,655
Interest Rate
4.15%
Mortgage Type
VA

Purchase Details

Closed on
Oct 17, 2012
Sold by
Rta Partners Llc
Bought by
Anderson Lucille S and Anderson Leonard E

Purchase Details

Listed on
Apr 30, 2012
Closed on
Aug 8, 2012
Sold by
Donovan Shaun and Secretary Of Hud Of Washington
Bought by
Rta Partners Llc
Seller's Agent
Chris Reed
Patterson-Schwartz-Newark
Buyer's Agent
Linette Carroll
Keller Williams Realty Wilmington
List Price
$100,000
Sold Price
$82,000
Premium/Discount to List
-$18,000
-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
10.63%

Purchase Details

Closed on
May 25, 2010
Sold by
Walsh John P
Bought by
Us Department Of Hud

Purchase Details

Closed on
Dec 14, 2001
Sold by
Farrell Amy
Bought by
Walsh John P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,950
Interest Rate
6.54%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Deed $170,000 None Available
Deed $160,000 None Available
Deed $82,000 None Available
Sheriffs Deed $129,530 None Available
Deed $127,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $144,362 VA
Closed $144,362 VA
Closed $25,000 Credit Line Revolving
Closed $166,437 VA
Closed $170,411 VA
Closed $170,182 VA
Closed $173,655 VA
Previous Owner $50,622 Unknown
Previous Owner $40,000 Stand Alone Second
Previous Owner $125,950 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2013 11/20/13 Sold $170,000 -5.5% $145 / Sq Ft
10/09/2013 10/09/13 Pending -- -- --
09/25/2013 09/25/13 Price Changed $179,900 -5.3% $153 / Sq Ft
07/23/2013 07/23/13 Price Changed $189,900 -5.0% $162 / Sq Ft
06/25/2013 06/25/13 For Sale $199,900 +143.8% $170 / Sq Ft
08/08/2012 08/08/12 Sold $82,000 -8.9% $70 / Sq Ft
07/11/2012 07/11/12 Pending -- -- --
06/27/2012 06/27/12 Price Changed $90,000 -10.0% $77 / Sq Ft
04/30/2012 04/30/12 For Sale $100,000 -- $85 / 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 $2,093 $53,600 $10,500 $43,100
2023 $1,917 $53,600 $10,500 $43,100
2022 $1,940 $53,600 $10,500 $43,100
2021 $1,939 $53,600 $10,500 $43,100
2020 $1,938 $53,600 $10,500 $43,100
2019 $2,126 $53,600 $10,500 $43,100
2018 $1,854 $53,600 $10,500 $43,100
2017 $1,826 $53,600 $10,500 $43,100
2016 $1,822 $53,600 $10,500 $43,100
2015 $1,679 $53,600 $10,500 $43,100
2014 $1,679 $53,600 $10,500 $43,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003944728

Bright MLS

APN: 06-146.00-579