NOT LISTED FOR SALE

Estimated Value: $124,000 - $146,000

3 Beds
1 Bath
1,125 Sq Ft
$123/Sq Ft Est. Value

Last Sold August 12, 2022

Last sale price $90,000 $80 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $775/month

9 Days on Market

Highlights

  • Colonial Architecture
  • Porch
  • Dining Room
  • No HOA
  • Living Room
  • 5-minute walk to Michaels Playground

About This Home

As of August 2022

Excellent opportunity to acquire one or more income producing homes in Wilmington's Browntown community. This is one of five homes available with performing tenant in place providing a solid return. Three bedroom one bath home located in the Browntown area of Wilmington within walking distance to the Riverfront attractions, MKT Street hot spots, bus-lines and more. Tenant pays $925.00 per month and is responsible for heating fuel electric and excess water. See your agent or listing broker for other lease terms. Prior to showing buyer must provide pre-qualification letter, liquidity verification for equity, proof of funds (if cash) and complete Indicative Offer Form provided on MLS after review of lease documents and photos. Showings are strictly on pre-determined day of the week and available for site visit after said documentation has been provided.

Last Agent to Sell the Property

Paul Pantano

(302) 888-0300 paul@pantanorealestate.com Pantano Real Estate Inc Listed on: 06/21/2022

Last Buyer's Agent

Paul Pantano

(302) 888-0300 paul@pantanorealestate.com Pantano Real Estate Inc Listed on: 06/21/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,027

Year Built

  • Built in 1900

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 13.60 x 100.00
  • Property is zoned 26R-3

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Plaster Walls

Interior Spaces

  • 1,125 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Dining Room
  • Laundry on main level
  • Unfinished Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Stubbs Elementary School
  • Bayard Middle School
  • Glasgow High School

Utilities

  • Heating System Uses Oil
  • Radiant Heating System
  • Hot Water Heating System
  • Natural Gas Water Heater

Additional Features

  • Porch
  • Urban Location

Community Details

  • No Home Owners Association
  • Browntown Subdivision

Listing and Financial Details

  • Tax Lot 151
  • Assessor Parcel Number 26-049.10-151

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,027

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Tenant owned appliances and tenant's personal property
  • Home Warranty: No
  • Inclusions: Owner owned appliances
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Carpet, Vinyl
  • Wall Ceiling Types: Plaster Walls
  • Foundation Details: Other
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Main Floor
  • Total Sq Ft: 1125
  • Living Area Sq Ft: 1125
  • Price Per Sq Ft: 80.00
  • Above Grade Finished Sq Ft: 1125
  • 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: Brick
  • Roof: Flat
  • 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
  • Electric Service: Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Hot Water, Radiant
  • 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
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: STUBBS
  • High School: GLASGOW
  • Middle Or Junior School: BAYARD

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 16600.00
  • Land Assessed Value: 2700.00
  • Lot Size Acres: 0.03
  • Lot Dimensions: 13.60 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Outdoor Living Structures: Porch(es)
  • Zoning: 26R-3
  • In City Limits: Yes

Rental Info

  • Total Actual Rent: 925.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2416932
  • School Tax: 620.00
  • Tax Annual Amount: 1027.00
  • Assessor Parcel Number: 26-049.10-151
  • Tax Lot: 151
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2022
Closed on
Aug 18, 2022
Sold by
Mcleen Company Llc
Bought by
Pabian Properties Llc
Seller's Agent
Paul Pantano
Pantano Real Estate Inc
Buyer's Agent
Paul Pantano
Pantano Real Estate Inc
List Price
$90,000
Sold Price
$90,000
Current Estimated Value
$137,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,834
Avg. Annual Appreciation
13.11%
Original Mortgage
$405,000
Outstanding Balance
$297,008
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
-$159,174

Purchase Details

Closed on
Jun 24, 2011
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Mcleen Properties Llc

Purchase Details

Closed on
Nov 19, 2010
Sold by
Kramen Bill
Bought by
Wilmington Savings Fund Society Fsb

Purchase Details

Closed on
Jan 28, 2008
Sold by
Mccune Asa B and Bowers Chad G
Bought by
Kramen Bill

Purchase Details

Closed on
May 6, 2005
Sold by
Shorter Michelle
Bought by
Mccune Asa B and Bowers Chad G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 8, 2003
Sold by
Next Phase Investments Llc
Bought by
Shorter Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,750
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2003
Sold by
Robinson Carletta and Eastern Savings Bank
Bought by
Next Phase Investments 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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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
Pabian Properties Llc -- Brian Frederick Funk Pa
Mcleen Properties Llc $49,500 None Available
Wilmington Savings Fund Society Fsb $10,000 None Available
Kramen Bill $56,500 None Available
Mccune Asa B $95,000 The Security Title Guarantee
Shorter Michelle $95,000 --
Next Phase Investments Llc $46,105 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pabian Properties Llc $405,000
Previous Owner Mccune Asa B $76,000
Previous Owner Shorter Michelle $80,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2022 08/12/22 Sold $90,000 0.0% $80 / Sq Ft
06/30/2022 06/30/22 Pending -- -- --
06/21/2022 06/21/22 For Sale $90,000 -- $80 / 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 $711 $19,300 $2,700 $16,600
2023 $694 $19,300 $2,700 $16,600
2022 $687 $19,300 $2,700 $16,600
2021 $669 $19,300 $2,700 $16,600
2020 $650 $19,300 $2,700 $16,600
2019 $950 $19,300 $2,700 $16,600
2018 $4,361 $19,300 $2,700 $16,600
2017 $895 $19,300 $2,700 $16,600
2016 $895 $19,300 $2,700 $16,600
2015 $838 $19,300 $2,700 $16,600
2014 $838 $19,300 $2,700 $16,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2026164

Bright MLS

APN: 26-049.10-151