$140,000
SOLD AUG 8, 2025
3 Beds
1.5 Baths
1,275 Sq Ft
1,742 Sq Ft Lot

Recently Sold

$110 Per Sq Ft

6% Below List Price

121 Days on Market

Highlights

  • Colonial Architecture
  • Ceiling Fan
  • 5-minute walk to Tatnall Playground/One Love Park
  • No HOA
  • Hot Water Heating System

About This Home

As of August 2025

Tenant occupied. There is a key in the lockbox, but tenant will be home. Please knock before entering. Tenant will let you in. 48 hour notice needed.

BACK ON THE MARKET (no fault of the Seller)
Investor Alert! Newly Renovated Turn-Key Investment Property in Wilmington

This spacious 3-bedroom, 1.5-bathroom home, newly renovated in 2023, is a fantastic opportunity for investors seeking a reliable, income-producing property. Currently tenant-occupied, this home brings in $1,300 per month in rent and is Section 8 approved, ensuring a steady and consistent cash flow.

With modern updates throughout and a move-in-ready condition, this property requires minimal effort to maintain, making it a perfect addition to any investor's portfolio. 48-hour notice required for all showings.

Don’t miss out on this great opportunity to own a newly renovated property in Wilmington. Contact us today for more details or to schedule a showing!

Last Agent to Sell the Property

Tracie Siciliano

(484) 625-8791 traciedandrea@yahoo.com RE/MAX Edge License #RS364323 Listed on: 03/06/2025

Last Buyer's Agent

Ken Van Every

(302) 319-3196 k.van.every@kw.com Keller Williams Realty Wilmington License #RS0022242

Keller Williams Realty Wilmington

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,269

Year Built

  • Built in 1920

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 13.30 x 125.00

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 1,275 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Hot Water Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Wilm #03 Subdivision

Listing and Financial Details

  • Tax Lot 151
  • Assessor Parcel Number 26-022.10-151

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,269

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 3/6/2025 12:00:00 AM
  • Year Built: 1920
  • Automatically Close On Close Date: Yes
  • Remarks Public: Tenant occupied. There is a key in the lockbox, but tenant will be home. Please knock before entering. Tenant will let you in. 48 hour notice needed. BACK ON THE MARKET (no fault of the Seller) Investor Alert! Newly Renovated Turn-Key Investment Property in Wilmington This spacious 3-bedroom, 1.5-bathroom home, newly renovated in 2023, is a fantastic opportunity for investors seeking a reliable, income-producing property. Currently tenant-occupied, this home brings in $1,300 per month in rent and is Section 8 approved, ensuring a steady and consistent cash flow. With modern updates throughout and a move-in-ready condition, this property requires minimal effort to maintain, making it a perfect addition to any investor's portfolio. 48-hour notice required for all showings. Don’t miss out on this great opportunity to own a newly renovated property in Wilmington. Contact us today for more details or to schedule a showing!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 1275
  • Living Area Sq Ft: 1275
  • Price Per Sq Ft: 116.78
  • Above Grade Finished Sq Ft: 1275
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 323

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

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: Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: RED CLAY CONSOLIDATED
  • School District Key: 300200396545
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 13.30 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Year Assessed: 2024
  • Zoning: 26R-3
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 667.00
  • Tax Annual Amount: 1269.00
  • Assessor Parcel Number: 26-022.10-151
  • Tax Lot: 151
  • Tax Total Finished Sq Ft: 1275
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 08/08/2025

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2025
Closed on
Jul 21, 2025
Sold by
Frec Ii Llc
Bought by
Ferrughelli John and Majano Amanda
Seller's Agent
Tracie Siciliano
RE/MAX Edge
Buyer's Agent
Ken Van Every
Keller Williams Realty Wilmington
List Price
$148,900
Sold Price
$140,000
Premium/Discount to List
-$8,900
-5.98%
Views
95

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
579.31%
Original Mortgage
$112,000
Outstanding Balance
$111,904
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$64,284

Purchase Details

Closed on
Sep 10, 2021
Sold by
Fedale Property 1 Llc
Bought by
Frec Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 14, 2012
Closed on
Apr 24, 2012
Sold by
U S Bank National Association
Bought by
Fedale Glenn
Seller's Agent
Jeff Stape
Compass
Buyer's Agent
CHRISTOPHER MURPHY
Concord Realty Group
List Price
$13,860
Sold Price
$12,000
Premium/Discount to List
-$1,860
-13.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.33%

Purchase Details

Closed on
Feb 1, 2012
Sold by
Buck M Andre and Buck Kate R
Bought by
Us Bank National Association

Purchase Details

Closed on
Jan 25, 2006
Sold by
Buck M Andre
Bought by
Buck M Andre and Buck Kate R

Purchase Details

Closed on
Oct 3, 2005
Sold by
Britt Ida and Rahim Naimah
Bought by
Buck M Andre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $140,000 None Listed On Document
Deed -- North American Title Ins Co
Deed $12,500 None Available
Sheriffs Deed $44,915 None Available
Interfamily Deed Transfer -- None Available
Deed $55,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $112,000 New Conventional
Previous Owner $447,860 New Conventional
Previous Owner $1,300,000 Commercial
Previous Owner $500,000 New Conventional
Previous Owner $67,500 Unknown
Previous Owner $60,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 Sold $140,000 -6.0% $110 / Sq Ft
07/06/2025 07/06/25 Pending -- -- --
06/27/2025 06/27/25 For Sale $148,900 0.0% $117 / Sq Ft
06/19/2025 06/19/25 Pending -- -- --
06/09/2025 06/09/25 Price Changed $148,900 -0.7% $117 / Sq Ft
03/28/2025 03/28/25 For Sale $150,000 0.0% $118 / Sq Ft
03/11/2025 03/11/25 Pending -- -- --
03/06/2025 03/06/25 For Sale $150,000 0.0% $118 / Sq Ft
06/21/2023 06/21/23 Rented $1,275 0.0% --
05/05/2023 05/05/23 Under Contract -- -- --
04/20/2023 04/20/23 For Rent $1,275 0.0% --
05/26/2012 05/26/12 Sold $12,000 -13.4% $9 / Sq Ft
04/27/2012 04/27/12 Price Changed $13,860 0.0% $11 / Sq Ft
04/26/2012 04/26/12 Pending -- -- --
04/16/2012 04/16/12 Price Changed $13,860 0.0% $11 / Sq Ft
03/24/2012 03/24/12 Pending -- -- --
02/24/2012 02/24/12 Pending -- -- --
02/14/2012 02/14/12 For Sale $13,860 -- $11 / 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 $783 $25,100 $3,800 $21,300
2023 $681 $25,100 $3,800 $21,300
2022 $684 $25,100 $3,800 $21,300
2021 $683 $25,100 $3,800 $21,300
2020 $687 $25,100 $3,800 $21,300
2019 $1,191 $25,100 $3,800 $21,300
2018 $309 $25,100 $3,800 $21,300
2017 $1,112 $25,100 $3,800 $21,300
2016 $1,112 $25,100 $3,800 $21,300
2015 $1,064 $25,100 $3,800 $21,300
2014 $1,010 $25,100 $3,800 $21,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2077090

Bright MLS

APN: 26-022.10-151