Seller's Agent in 2022
Michael Dutt
Patterson Schwartz
(302) 733-7079
1 in this area
108 Total Sales
401 Lee Terrace Wilmington, DE 19803
Fairfax NeighborhoodEstimated Value: $340,000 - $425,000
4
Beds
1.5
Baths
1,675
Sq Ft
$238/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Traditional Floor Plan
- Corner Lot
- Brandywine High School Rated 9+
- Sun or Florida Room
- No HOA
About This Home
As of April 2022Showings Start 3/17
Welcome to 401 Lee Terrace! Located on a beautiful corner lot in Colonial Woods. Outside boasts lots of greenery/plants/shrubs that will soon pop with all the Spring colors. Notable features of this well cared for solid home include: HVAC & central air(2017), Bosch dishwasher, new side by side refrigerator, Whirlpool newer washer/dryer(all included). Living room is good sized with lots of sunlight, formal dining room, eat in kitchen with step down to large family room with built in shelves, 1/2 bath & access to both garage & the East facing sunroom/enclosed porch(great for morning coffee or just to sit back & relax) Backyard also has a cute garden for those looking to grow some fresh veggies! Upper level has retro full bathroom & 4 good sized bedrooms & access to floored attic. Other features include: gas heat/central air, full, unfinished basement with shelving & built in workbenches, traditional floor plan, attached garage with workbench & shelving & brand new garage door opener, metal shed, front porch & lovely landscaping. This is a great find for the savvy buyer who can make this home their OWN! Colonial Woods is conveniently located off Silverside Rd & within walking distance to the newly built CONCORD which has new shops/restaurants & gym & minutes from Route 202, shopping centers & YMCA. Easy to show & ready NOW! This original owner home is being sold as is. Inspections for informational purposes only.
Last Agent to Sell the Property
(302) 733-7079 mdutt@psre.com Patterson-Schwartz-Newark Listed on: 03/17/2022
Co-Listed By
(302) 293-4194 slynch@psre.com Patterson-Schwartz-Newark License #R3-0017886
Last Buyer's Agent
(302) 328-0849 dtaraskus@weichert.com Weichert Realtors Cornerstone License #RS-0024453
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,359
Year Built
- Built in 1961
Lot Details
- 9,148 Sq Ft Lot
- Corner Lot
- Property is in average condition
- Property is zoned NC6.5
Parking
- 1 Car Attached Garage
- 2 Driveway Spaces
- Front Facing Garage
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Slab Foundation
- Asbestos
Interior Spaces
- 1,675 Sq Ft Home
- Property has 2 Levels
- Traditional Floor Plan
- Ceiling Fan
- Family Room Off Kitchen
- Living Room
- Dining Room
- Sun or Florida Room
Kitchen
- Eat-In Kitchen
- Built-In Oven
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Primary Bedroom
Laundry
- Dryer
- Washer
Basement
- Partial Basement
- Shelving
- Laundry in Basement
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Community Details
- No Home Owners Association
- Colonial Woods Subdivision
Listing and Financial Details
- Assessor Parcel Number 06-052.00-053
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 17, 2022
Closed on
Apr 22, 2022
Sold by
Hobson Delores A
Bought by
Coleman John Paul
Seller's Agent
Michael Dutt
Patterson-Schwartz-Newark
Buyer's Agent
Denine Taraskus
Weichert Realtors Cornerstone
List Price
$339,900
Sold Price
$340,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,083
Avg. Annual Appreciation
4.61%
Original Mortgage
$306,000
Interest Rate
5.09%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Coleman John Paul | -- | Matlusky Firm Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Coleman John Paul | $306,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/22/2022 04/22/22 | Sold | $340,000 | 0.0% | $203 / Sq Ft |
| 03/22/2022 03/22/22 | Pending | -- | -- | -- |
| 03/17/2022 03/17/22 | For Sale | $339,900 | -- | $203 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,538 | $66,700 | $12,900 | $53,800 |
| 2023 | $2,320 | $66,700 | $12,900 | $53,800 |
| 2022 | $1,447 | $66,700 | $12,900 | $53,800 |
| 2021 | $1,546 | $66,700 | $12,900 | $53,800 |
| 2020 | $1,546 | $66,700 | $12,900 | $53,800 |
| 2019 | $1,581 | $66,700 | $12,900 | $53,800 |
| 2018 | $36 | $66,700 | $12,900 | $53,800 |
| 2017 | -- | $66,700 | $12,900 | $53,800 |
| 2016 | -- | $66,700 | $12,900 | $53,800 |
| 2015 | -- | $66,700 | $12,900 | $53,800 |
| 2014 | -- | $66,700 | $12,900 | $53,800 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Dutt
-
Stacie Lynch
Seller Co-Listing Agent in 2022
Stacie Lynch
Patterson Schwartz
(302) 293-4194
1 in this area
11 Total Sales
-
Denine Taraskus
Buyer's Agent in 2022
Denine Taraskus
Weichert Corporate
(302) 328-0849
1 in this area
86 Total Sales
Map
Source: Bright MLS
MLS Number: DENC2018676
APN: 06-052.00-053
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