NOT LISTED FOR SALE

306 Main St Wilmington, DE 19804

Estimated Value: $357,000 - $508,000

3 Beds
1 Bath
1,400 Sq Ft
$309/Sq Ft Est. Value

Last Sold November 01, 2016

Last sale price $240,000 $171 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $2,465/month

Highlights

  • Secluded Lot
  • Traditional Architecture
  • Sun or Florida Room
  • Forest Oak Elementary School Rated A-
  • Attic
  • No HOA

About This Home

As of May 2020

What a deal. First of all, there is off-street parking available, for 2 cars plus extra parking in front of the house. This half of a duplex (about 1659 sq ft) what is located right on Main Street. This home is located within walking distance to the high school, the grocery store, gas station, restaurant, public transportation and so much more. When you enter through the front door, you step into a huge glassed-in front porch, which provides for extra living space. From there you walk into the Living room. Considering the traffic outside, it's quiet inside the house. All rooms were freshly painted, and new carpet is being installed in the living area's downstairs and bedrooms upstairs. From the living room, you enter through the formal dining area into the updated kitchen. There are a lot of cabinets in this kitchen. That means lots of storage plus appliances including a gas stove. The kitchen is big enough to set up a small dining area or island in it. So, you would be able to use the formal dining room for other purposes if you liked. On the back end, we have the laundry area with washer and dryer already in place. The back door leads to your own parking spaces behind the house. Upstairs, you have 3 decent size bedrooms and 1 full bath. The attic is accessible via a set of stairs. It provides a huge amount of storage. From Rt 7 turn onto Rt 4. Turn L onto Delaware Ave. Left onto Main and L into the driveway next to 308 Main Street. Property can possibly also be used as a home-based business Requires registration of the business license with the county, and or city. No pets allowed, not even with a pet deposit. This is a non-smoking unit.

Last Agent to Rent the Property

Anna Vleugels

(877) 994-6398 rentalmanager@annasteam.com Real Estate Services Group Listed on: 03/06/2020

Last Renter's Agent

Anna Vleugels

(877) 994-6398 rentalmanager@annasteam.com Real Estate Services Group Listed on: 03/06/2020

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1900

Lot Details

  • 5,227

Home Design

  • Semi-Detached or Twin Home
  • Traditional Architecture
  • Frame Construction
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,400 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Front Loading Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • On-Street Parking
  • Off-Site Parking

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • 120/240V
  • Electric Water Heater

Additional Features

  • Exterior Lighting
  • Lot Dimensions are 50.00 x 100.00

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,295
  • Requires 1 Month of Rent Paid Up Front
  • Tenant pays for all utilities, trash removal, snow removal, minor interior maintenance, gas, electricity, cable TV, exterior maintenance, frozen waterpipe damage, insurance
  • The owner pays for management, real estate taxes
  • 12-Month Min and 60-Month Max Lease Term
  • Available 3/27/20
  • $40 Application Fee
  • $125 Repair Deductible
  • Assessor Parcel Number 08-050.40-064

Community Details

Overview

  • No Home Owners Association
  • Property Manager

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Year Built

Built in 1900

Lot Details

0

Rental Info

  • Date Available: 2020-03-27
  • Application Fee: 40.00
  • Months Rent Up Front: 1.0
  • Owner Pays: Management, Taxes - Real Estate
  • Pets Allowed: No
  • Security Deposit: 1295.00
  • Tenant Pays: Utilities - All, Trash Removal, Snow Removal, Minor Interior Maintenance, Gas, Electricity, Cable Tv, Exterior Maintenance, Frozen Waterpipe Damage, Insurance
  • Vacation Rental: No
  • Property Manager: Yes
  • Max Lease in Months: 60
  • Min Lease in Months: 12

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Historic: No
  • Inclusions: washer, dryer, refrigerator, microwave ( countertop) Gas Stove, dishwasher
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-03-06
  • Year Built: 1900
  • Repair Deductible: 125.00
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Dryer - Front Loading, Microwave, Oven/Range - Gas, Range Hood, Refrigerator, Washer, Water Heater
  • Interior Amenities: Attic, Ceiling Fan(s), Dining Area, Kitchen - Eat-In
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Kitchen, Basement, Sun/Florida Room, Laundry
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1400
  • Living Area Sq Ft: 1400
  • Price Per Sq Ft: 0.93
  • Above Grade Finished Sq Ft: 1400
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Concrete, Vinyl Siding, Stick Built
  • Exterior Features: Sidewalks, Exterior Lighting
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Parking Features: Concrete Driveway
  • Type Of Parking: Off Site, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 120/240V
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Lot Features: Secluded
  • Lot Dimensions: 50.00 x 100.00
  • Zoning: CN

Tax Info

  • Assessor Parcel Number: 2289861
  • Assessor Parcel Number: 08-050.40-064

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2016
Closed on
Nov 1, 2016
Sold by
Ralph V Estep Irrevocable Family Trust
Bought by
Esgro Louis Kenneth
Seller's Agent
Nancy Good
RE/MAX Point Realty
Buyer's Agent
Nancy Good
RE/MAX Point Realty
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%
Current Estimated Value
$435,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,393
Avg. Annual Appreciation
6.68%
Original Mortgage
$235,653
Outstanding Balance
$185,836
Interest Rate
2.87%
Mortgage Type
FHA
Estimated Equity
$246,977

Purchase Details

Closed on
Feb 3, 2016
Sold by
Brackenville Properties Llc
Bought by
Ralph V Estep Irrevocable Family Trust

Purchase Details

Closed on
Jan 2, 2007
Sold by
Estep Ralph V
Bought by
Brackenville Properties Lcc and Triple R Trust

Purchase Details

Closed on
Aug 14, 2003
Sold by
Philhower Ethel A
Bought by
Estep Ralph V

Purchase Details

Closed on
Nov 1, 2001
Sold by
Philhower James L and Philhower Ethel A
Bought by
Philhower Ethel A
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
Esgro Louis Kenneth $240,000 None Available
Ralph V Estep Irrevocable Family Trust -- Attorney
Brackenville Properties Lcc -- None Available
Estep Ralph V $125,000 --
Philhower Ethel A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Esgro Louis Kenneth $235,653
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2020 05/01/20 Rented $1,295 0.0% --
04/23/2020 04/23/20 Under Contract -- -- --
03/06/2020 03/06/20 For Rent $1,295 +29.5% --
08/01/2018 08/01/18 Rented $1,000 -19.9% --
07/16/2018 07/16/18 Under Contract -- -- --
05/11/2018 05/11/18 For Rent $1,249 +8.7% --
08/06/2017 08/06/17 Rented $1,149 -17.6% --
08/04/2017 08/04/17 Under Contract -- -- --
02/27/2017 02/27/17 For Rent $1,395 0.0% --
11/01/2016 11/01/16 Sold $240,000 -4.0% $73 / Sq Ft View Prior Sale
08/31/2016 08/31/16 Pending -- -- --
01/09/2016 01/09/16 For Sale $250,000 -- $76 / 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 $2,094 $55,200 $6,100 $49,100
2023 $1,854 $55,200 $6,100 $49,100
2022 $1,865 $55,200 $6,100 $49,100
2021 $1,864 $55,200 $6,100 $49,100
2020 $1,869 $55,200 $6,100 $49,100
2019 $2,572 $55,200 $6,100 $49,100
2018 $1,831 $55,200 $6,100 $49,100
2017 $1,809 $55,200 $6,100 $49,100
2016 $1,727 $55,200 $6,100 $49,100
2015 $1,619 $55,200 $6,100 $49,100
2014 $1,502 $55,200 $6,100 $49,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC495702

Bright MLS

APN: 08-050.40-064