NOT LISTED FOR SALE

401 Binstead Ave Wilmington, DE 19804

Estimated Value: $321,000 - $342,000

3 Beds
1.5 Baths
1,680 Sq Ft
$198/Sq Ft Est. Value

Last Sold April 10, 2020

Last sale price $234,000 $139 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,035/month

22 Days on Market

Highlights

  • In Ground Pool
  • Attic
  • No HOA
  • Wood Flooring
  • Sun or Florida Room
  • Upgraded Countertops

About This Home

As of April 2020

Beautiful Split Level home in a great location....close to major transportation, shopping & recreation. Wonderfully updated, this home offers a large Living Room with a ceiling fan, triple windows overlooking the front of the property and provides nice natural lighting. Beautifully updated eat-in Kitchen with granite counter top, glass front cabinet doors, under cabinet lighting, stainless steel appliances (Kitchen refrigerator is included!!), large Farm Style sink with window above overlooking the in-ground swimming pool (with a diving board at the deep end)! Both rooms on this level feature hardwood floors. Seller added door from Dining Area for easy access to rear of property and pool. From the Kitchen, stairs lead down to the Family Room with wall-to-wall carpeting and access to the 1 car garage with opener. Also on this level is a Powder Room with recessed lighting and also the laundry area (washer & dryer are included) with storage space too. Further back leads you to an all season enclosed porch (currently set up as a gym). This room has outside access to the other side of the rear yard which is separately fenced from the pool side. The second floor offers 3 spacious Bedrooms and an updated full bath, plus a walk-up attic that could potentially be made into additional living space. There is also drop stair access to the attic above the Bedrooms. The natural gas furnace is approximately 5-6 years old; this home offers vinyl clad windows, central air conditioning, double wide concrete driveway, a large shed for additional storage space and don't forget about that fantastic in-ground pool for your summertime enjoyment & entertainment! Truly a fabulous home at a terrific price! Overnight notice required for showings.

Last Agent to Sell the Property

Gail Wersten

RE/MAX Associates - Newark License #21218 Listed on: 01/28/2020

RE/MAX Associates - Newark

Last Buyer's Agent

Dan Stein

Coldwell Banker Realty License #RS-0024183

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,781

Year Built

  • Built in 1958

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 106.70 x 107.60
  • Privacy Fence
  • Property is in good condition
  • Property is zoned NC5

Parking

  • 1 Car Direct Access Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Home Design

  • Split Level Home
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Recessed Lighting
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Sun or Florida Room
  • Wood Flooring
  • Attic

Kitchen

  • Gas Oven or Range
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Washer
  • Gas Dryer

Basement

  • Partial Basement
  • Laundry in Basement

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • 150 Amp Service
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Kiamensi Gardens Subdivision

Listing and Financial Details

  • Tax Lot 125
  • Assessor Parcel Number 08-045.30-125

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,781

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Upper 1
  • Year Built: 1958
  • Remarks Public: Beautiful Split Level home in a great location....close to major transportation, shopping & recreation. Wonderfully updated, this home offers a large Living Room with a ceiling fan, triple windows overlooking the front of the property and provides nice natural lighting. Beautifully updated eat-in Kitchen with granite counter top, glass front cabinet doors, under cabinet lighting, stainless steel appliances (Kitchen refrigerator is included!!), large Farm Style sink with window above overlooking the in-ground swimming pool (with a diving board at the deep end)! Both rooms on this level feature hardwood floors. Seller added door from Dining Area for easy access to rear of property and pool. From the Kitchen, stairs lead down to the Family Room with wall-to-wall carpeting and access to the 1 car garage with opener. Also on this level is a Powder Room with recessed lighting and also the laundry area (washer & dryer are included) with storage space too. Further back leads you to an all season enclosed porch (currently set up as a gym). This room has outside access to the other side of the rear yard which is separately fenced from the pool side. The second floor offers 3 spacious Bedrooms and an updated full bath, plus a walk-up attic that could potentially be made into additional living space. There is also drop stair access to the attic above the Bedrooms. The natural gas furnace is approximately 5-6 years old; this home offers vinyl clad windows, central air conditioning, double wide concrete driveway, a large shed for additional storage space and don't forget about that fantastic in-ground pool for your summertime enjoyment & entertainment! Truly a fabulous home at a terrific price! Overnight notice required for showings.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Oven/Range - Gas, Stainless Steel Appliances, Washer, Dryer - Gas
  • Interior Amenities: Attic, Ceiling Fan(s), Combination Kitchen/Dining, Upgraded Countertops, Pantry, Recessed Lighting, Wood Floors
  • Window Features: Vinyl Clad
  • Fireplace: No
  • Levels Count: Other
  • Room Count: 7
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Sun/Florida Room, Laundry
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Basement
  • Total Sq Ft: 1680
  • Living Area Sq Ft: 1680
  • Price Per Sq Ft: 195.00
  • Above Grade Finished Sq Ft: 1200
  • Below Grade Finished Sq Ft: 480
  • Total Below Grade Sq Ft: 480
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 401

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding, Aluminum Siding
  • Exterior Features: Sidewalks, Street Lights
  • Pool Features: In Ground, Fenced
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Built In, Garage - Front Entry, Inside Access, Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 150 Amps, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Privacy
  • Improvement Assessed Value: 44500.00
  • Land Assessed Value: 9400.00
  • Lot Size Acres: 0.20
  • Lot Dimensions: 106.70 x 107.60
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8712.00
  • Property Condition: Good
  • Year Assessed: 2019
  • Zoning: NC5
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2286414
  • School Tax: 1336.00
  • Tax Annual Amount: 1781.00
  • Assessor Parcel Number: 08-045.30-125
  • Tax Lot: 125
  • Tax Total Finished Sq Ft: 1680
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 04/10/2020

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2020
Closed on
Apr 10, 2020
Sold by
Watkins Adam J
Bought by
Baker Ashley
Seller's Agent
Gail Wersten
RE/MAX Associates - Newark
Buyer's Agent
Dan Stein
Coldwell Banker Realty
List Price
$229,900
Sold Price
$234,000
Premium/Discount to List
$4,100
1.78%
Total Days on Market
22
Current Estimated Value
$333,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,382
Avg. Annual Appreciation
7.10%
Original Mortgage
$229,761
Outstanding Balance
$209,030
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$124,352

Purchase Details

Listed on
May 23, 2017
Closed on
Jul 17, 2017
Sold by
Lynch Thomas A
Bought by
Watkins Adam J
Seller's Agent
Jack Michael
BHHS Fox & Roach-Greenville
Buyer's Agent
Jack Michael
BHHS Fox & Roach-Greenville
List Price
$205,000
Sold Price
$205,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.97%
Original Mortgage
$201,286
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 24, 2013
Closed on
May 15, 2014
Sold by
Dunham Alexis Shaw
Bought by
Lynch Ii Thomas A
Seller's Agent
Will Webber
Empower Real Estate, LLC
Buyer's Agent
Linette Carroll
Keller Williams Realty Wilmington
List Price
$194,900
Sold Price
$187,500
Premium/Discount to List
-$7,400
-3.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.87%
Original Mortgage
$184,103
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 30, 2003
Sold by
Ziemba Kimberly A and Ziemba Bruce Kimberly
Bought by
Dunham Alexis Shaw

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
5.28%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Baker Ashley -- None Available
Watkins Adam J -- None Available
Lynch Ii Thomas A $140,625 None Available
Dunham Alexis Shaw $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Ashley $43,000
Open Baker Ashley $229,761
Closed Baker Ashley $11,488
Previous Owner Watkins Adam J $201,286
Previous Owner Lynch Ii Thomas A $184,103
Previous Owner Lynch Ii Thomas A $8,000
Previous Owner Dunham Alexis Shaw $40,000
Previous Owner Dunham Alexis Shaw $124,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2020 04/10/20 Sold $234,000 0.0% $139 / Sq Ft
02/21/2020 02/21/20 Price Changed $234,000 +1.8% $139 / Sq Ft
02/19/2020 02/19/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $229,900 -1.8% $137 / Sq Ft
02/13/2020 02/13/20 Off Market $234,000 -- --
02/04/2020 02/04/20 Pending -- -- --
01/28/2020 01/28/20 For Sale $229,900 +12.1% $137 / Sq Ft
07/17/2017 07/17/17 Sold $205,000 0.0% $171 / Sq Ft
06/07/2017 06/07/17 Off Market $205,000 -- --
06/06/2017 06/06/17 For Sale $205,000 0.0% $171 / Sq Ft
06/05/2017 06/05/17 Pending -- -- --
05/23/2017 05/23/17 For Sale $205,000 +9.3% $171 / Sq Ft
05/23/2014 05/23/14 Sold $187,500 -3.8% $156 / Sq Ft
03/05/2014 03/05/14 Pending -- -- --
10/24/2013 10/24/13 For Sale $194,900 -- $162 / 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 $2,045 $53,900 $9,400 $44,500
2023 $1,810 $53,900 $9,400 $44,500
2022 $1,821 $53,900 $9,400 $44,500
2021 $1,820 $53,900 $9,400 $44,500
2020 $1,825 $53,900 $9,400 $44,500
2019 $2,349 $53,900 $9,400 $44,500
2018 $80 $53,900 $9,400 $44,500
2017 $1,686 $53,900 $9,400 $44,500
2016 $1,686 $53,900 $9,400 $44,500
2015 $1,581 $53,900 $9,400 $44,500
2014 $1,467 $53,900 $9,400 $44,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC493916

Bright MLS

APN: 08-045.30-125