Seller's Agent in 2019
Manoj Philip
Keller Williams Realty Wilmington
(302) 383-8812
15 Total Sales
403 Main St Wilmington, DE 19804
Estimated Value: $215,000 - $269,682
2
Beds
1
Bath
1,350
Sq Ft
$185/Sq Ft
Est. Value
Highlights
- Attic
- Corner Lot
- Porch
- Forest Oak Elementary School Rated A-
- No HOA
- Eat-In Kitchen
About This Home
As of March 2019*SOLD using the power of Direct Response Copywriting!* "A 118-year-old house. Low ceilings. Only 2 bedrooms. Only 1 bathroom." On the surface, this home may not seem like a good deal. That is, until you discover its hidden secret: The Zoning. This home is zoned as CN, otherwise known as Commercial Neighborhood. Do you know what that means? It means you can legally run a business out of this home and potentially have your business income pay for your entire mortgage! Are you an entrepreneur or business owner? Then this home is for you. The seller is currently operating a profitable salon out of this home, so it's already set up for that. Are you in the Hair & Beauty business? Then this home is ready for you! And quite simply, you could run any of these businesses out of this home too: Herbalife/nutrition store, tutoring, catering, LuLaRoe, barbershop, massage, nail salon, notary and so much more! Since the home is zoned as CN, you never have to worry about neighbors reporting you for running a business out of your home. You never have to worry about getting fined by a county inspector. You can operate your business out of your home with total peace of mind! Instead of paying for a commercial space in addition to a home, you can now have both for the price of one. And your customers will have easy parking, too. The driveway can fit over 6 cars, easily! The real value of this home is its zoning (The living space is a bonus). And since the price is so incredible, you could use the entire house for your business and still afford a separate home or apartment if you prefer. And if you work late, you could sleep in one of the bedrooms and continue running your business first thing in the morning. That way, you increase your productivity...and your profits! So whether you live in this home or not, the long-term business and financial benefits are extraordinary. The benefits described here are enough to make this home a profitable investment and wise choice for you. But there are so many other features too: Enclosed Porch, Attractive Flooring, Corner Lot, Large Yard, Shed and more! When you purchase this home, you're purchasing a true asset because it's an investment that pays for itself. The business income you'll earn will pay for the expenses of owning the home. P.S. Don't have time to visit the home? No sweat. Click the video camera/virtual tour icon for a lifelike tour! Note: While all information and data are assumed to be true and accurate, Buyer is responsible for verifying all information and data.
Last Agent to Sell the Property
Keller Williams Realty Wilmington License #RS-0019277 Listed on: 10/22/2018
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,040
Year Built
- Built in 1900
Lot Details
- 3,485 Sq Ft Lot
- Lot Dimensions are 20x96
- Level Lot
- Back and Side Yard
- Property is in good condition
Home Design
- Pitched Roof
- Shingle Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,350 Sq Ft Home
- Property has 2 Levels
- Ceiling Fan
- Living Room
- Eat-In Kitchen
- Attic
Flooring
- Wall to Wall Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- En-Suite Primary Bedroom
- 1 Full Bathroom
Unfinished Basement
- Basement Fills Entire Space Under The House
- Drainage System
- Laundry in Basement
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
- Driveway
- On-Street Parking
- Parking Lot
Outdoor Features
- Patio
- Exterior Lighting
- Shed
- Porch
Utilities
- Cooling System Mounted In Outer Wall Opening
- Hot Water Heating System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Stanton Heights Subdivision
Listing and Financial Details
- Tax Lot 060
- Assessor Parcel Number 08-050.40-060
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 22, 2018
Closed on
Mar 7, 2019
Sold by
Rizzi Maria T
Bought by
Hill Jennifer and Hill Mildred L
Seller's Agent
Manoj Philip
Keller Williams Realty Wilmington
Buyer's Agent
Laura Diaz
EXP Realty, LLC
List Price
$115,000
Sold Price
$101,000
Premium/Discount to List
-$14,000
-12.17%
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
$148,421
Avg. Annual Appreciation
15.72%
Original Mortgage
$78,730
Outstanding Balance
$69,912
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$190,190
Purchase Details
Closed on
Jun 1, 1984
Bought by
Rizzi Maria T
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hill Jennifer | $101,000 | None Available | |
| Rizzi Maria T | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hill Jennifer | $78,730 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/07/2019 03/07/19 | Sold | $101,000 | -12.2% | $75 / Sq Ft |
| 12/14/2018 12/14/18 | Pending | -- | -- | -- |
| 12/08/2018 12/08/18 | For Sale | $115,000 | 0.0% | $85 / Sq Ft |
| 10/22/2018 10/22/18 | For Sale | $115,000 | -- | $85 / 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 | $1,199 | $31,600 | $5,500 | $26,100 |
| 2023 | $1,061 | $31,600 | $5,500 | $26,100 |
| 2022 | $1,193 | $31,600 | $5,500 | $26,100 |
| 2021 | $1,070 | $31,600 | $5,500 | $26,100 |
| 2020 | $1,070 | $31,600 | $5,500 | $26,100 |
| 2019 | $1,145 | $31,600 | $5,500 | $26,100 |
| 2018 | $50 | $31,600 | $5,500 | $26,100 |
| 2017 | $988 | $31,600 | $5,500 | $26,100 |
| 2016 | $988 | $31,600 | $5,500 | $26,100 |
| 2015 | $927 | $31,600 | $5,500 | $26,100 |
| 2014 | $860 | $31,600 | $5,500 | $26,100 |
Source: Public Records
Agents Affiliated with this Home
-
Manoj Philip
-
Laura Diaz
Buyer's Agent in 2019
Laura Diaz
EXP Realty, LLC
(302) 261-2189
13 in this area
189 Total Sales
Map
Source: Bright MLS
MLS Number: 1009976694
APN: 08-050.40-060
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