NOT LISTED FOR SALE

3113 W 2nd St Wilmington, DE 19805

Estimated Value: $187,000 - $202,363

Studio
2 Baths
1,375 Sq Ft
$143/Sq Ft Est. Value

Last Sold January 31, 2024

Last sale price $192,000 $140 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,108/month

5 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • 90% Forced Air Heating System

About This Home

As of January 2024

This is a 2 unit duplex offering 1 spacious bedroom & 1 bath units. They are both long term tenants. But, currently on a month-month lease. The living room/dining area is an open concept. There is also a galley kitchen. The units have natural gas for heating and water. Separate electric meters, heating units and water heaters. Property being sold as is.

Last Agent to Sell the Property

Lynette Scott

(302) 533-7351 prestorealty@comcast.net Presto Realty Company License #RB0020120 Listed on: 12/21/2023

Last Buyer's Agent

Oliver Millwood

(302) 738-2300 vicki@kwempower.com Empower Real Estate, LLC License #RS280485

Empower Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,740

Year Built

  • Built in 1943

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 23.00 x 84.70

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,375 Sq Ft Home
  • Wood Flooring
  • Basement

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • 90% Forced Air Heating System
  • Natural Gas Water Heater
  • Municipal Trash
  • Cable TV Available

Community Details

  • 2-Story Building
  • Gross Income $16,600

Listing and Financial Details

  • The owner pays for cable TV, electricity, gas, heat, lawn/shrub care
  • Tax Lot 067
  • Assessor Parcel Number 26-018.40-067

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,740

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1943
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring Type: Hardwood
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Basement: Yes
  • Basement Type: Poured Concrete
  • Total Sq Ft: 1375
  • Living Area Sq Ft: 1375
  • Price Per Sq Ft: 120.00
  • Above Grade Finished Sq Ft: 1375
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Previous Twelve Months Electric Expense: 360.00
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Previous Twelve Months: 540.00
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 23.00 x 84.70
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Zoning: 26R-3
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 2
  • Owner Pays: Cable Tv, Electricity, Gas, Heat, Lawn/Shrub Care
  • Rent Control: No
  • Total Actual Rent: 16600.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 939.00
  • Tax Annual Amount: 1740.00
  • Assessor Parcel Number: 26-018.40-067
  • Tax Lot: 067
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • Gross Income: 16600.00
  • Gross Scheduled Income: 16600.00

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2023
Closed on
Jan 31, 2024
Sold by
Young Young & Young Llc
Bought by
Millwood Oliver Ahsaan
Seller's Agent
Lynette Scott
Presto Realty Company
Buyer's Agent
Oliver Millwood
Empower Real Estate, LLC
List Price
$165,000
Sold Price
$192,000
Premium/Discount to List
$27,000
16.36%
Views
38
Current Estimated Value
$194,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,141
Avg. Annual Appreciation
1.25%
Original Mortgage
$188,522
Outstanding Balance
$185,190
Interest Rate
6.61%
Mortgage Type
Construction
Estimated Equity
$11,598

Purchase Details

Closed on
Jul 15, 2010
Sold by
Young Leonard J and Young Vivian B
Bought by
Young Young & Young Llc
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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Purchase History

Date Buyer Sale Price Title Company
Millwood Oliver Ahsaan -- None Listed On Document
Young Young & Young Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Millwood Oliver Ahsaan $188,522
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2024 01/31/24 Sold $192,000 +16.4% $140 / Sq Ft
12/26/2023 12/26/23 Pending -- -- --
12/21/2023 12/21/23 For Sale $165,000 -- $120 / Sq Ft
Source: Bright MLS

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 $1,186 $38,000 $3,600 $34,400
2023 $976 $38,000 $3,600 $34,400
2022 $1,035 $38,000 $3,600 $34,400
2021 $1,034 $38,000 $3,600 $34,400
2020 $0 $38,000 $3,600 $34,400
2019 $1,803 $38,000 $3,600 $34,400
2018 $1,035 $38,000 $3,600 $34,400
2017 $1,033 $38,000 $3,600 $34,400
2016 $979 $38,000 $3,600 $34,400
2015 $1,135 $38,000 $3,600 $34,400
2014 $705 $38,000 $3,600 $34,400
Source: Public Records

Agents Affiliated with this Home

  • Lynette Scott

    Seller's Agent in 2024

    Lynette Scott

    Presto Realty Company

    (302) 530-6928

    77 Total Sales

    Lynette Scott
    Section Image
  • Oliver Millwood

    Buyer's Agent in 2024

    Oliver Millwood

    Empower Real Estate, LLC

    (302) 533-8020

    139 Total Sales

    Oliver Millwood
    Section Image
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Map

Source: Bright MLS

MLS Number: DENC2054002

Bright MLS

APN: 26-018.40-067

Delaware New Castle County Wilmington 19805

3113 W 2nd St, Wilmington, DE

Not Listed for Sale

MultiFamily

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