NOT LISTED FOR SALE

403 N Jefferson St Wilmington, DE 19801

Downtown Wilmington Neighborhood

Estimated Value: $224,000 - $343,000

-- Bed
1 Bath
1,900 Sq Ft
$141/Sq Ft Est. Value

Last Sold May 13, 2016

Last sale price $38,000 $20 Per Sq Ft

Est. 606% increase in value since last sale

Current estimated payment $1,519/month

Highlights

  • No HOA
  • Heating Available
  • 2-minute walk to Madison Street Playground
  • En-Suite Primary Bedroom

About This Home

As of May 2016

Remarks in 2008 when last listed, "this Triplex has been recently renovated and is in very good condition. All 3 kitchens and bathrooms have been updated, new carpet and paint, and separate systems make this a turn key investment. All units are Sec.8 rented." MY Remarks: The tenant on the 3rd floor just moved out last month. There is a roof leak on the 2nd floor which has damaged the ceiling and floor in both Unit 1 and Unit 2. To get to the basement you must enter from Unit 1. Property to be sold in As-Is Condition. Buyer must determine for themselves the property zoning and the buyer is responsible for any/all U an O inspections, certifications and permits that might be required. Property is in need of repairs and being sold "AS-IS". Inspections are for informational purposes only. Seller has never been in or lived in property. Seller requests that prequalification letter accompany all non-cash offers (Rehab Loans Only). Cash offers require proof of funds. No offers with home sale contingencies. All appointments are made THROUGH the Trend web site.

Last Agent to Sell the Property

Don Ash

(302) 521-5100 christinecpierce@comcast.net Alliance Realty License #RS5313505 Listed on: 03/09/2016

Last Buyer's Agent

Joseph Hurley

(302) 740-5524 jphurley27@gmail.com Pantano Real Estate Inc License #RS-0018346

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 24x52

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,900 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Heating Available
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 026
  • Assessor Parcel Number 26-035.30-026

Community Details

Overview

  • No Home Owners Association
  • Wilm #13 Subdivision

Building Details

  • Operating Expense $1,438

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Exclusions: As Shown
  • Inclusions: As Shown
  • New Construction: No
  • Year Built: 1890
  • Remarks Public: Remarks in 2008 when last listed, "this Triplex has been recently renovated and is in very good condition. All 3 kitchens and bathrooms have been updated, new carpet and paint, and separate systems make this a turn key investment. All units are Sec.8 rented." MY Remarks: The tenant on the 3rd floor just moved out last month. There is a roof leak on the 2nd floor which has damaged the ceiling and floor in both Unit 1 and Unit 2. To get to the basement you must enter from Unit 1. Property to be sold in As-Is Condition. Buyer must determine for themselves the property zoning and the buyer is responsible for any/all U an O inspections, certifications and permits that might be required. Property is in need of repairs and being sold "AS-IS". Inspections are for informational purposes only. Seller has never been in or lived in property. Seller requests that prequalification letter accompany all non-cash offers (Rehab Loans Only). Cash offers require proof of funds. No offers with home sale contingencies. All appointments are made THROUGH the Trend web site.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1900
  • Living Area Sq Ft: 1900
  • Price Per Sq Ft: 23.63
  • Above Grade Finished Sq Ft: 1900
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 403

Exterior Features

  • Other Structures: Above 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
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Electric
  • 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

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890

Lot Info

  • Improvement Assessed Value: 29900.00
  • Land Assessed Value: 3200.00
  • Lot Size Acres: 0.03
  • Lot Dimensions: 24X52
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Property Attached Yn: Yes
  • Zoning: 26R-4

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3
  • Single Room Units Count: 1

Tax Info

  • Assessor Parcel Number: 2411589
  • Tax Annual Amount: 1438.00
  • Assessor Parcel Number: 26-035.30-026
  • Tax Lot: 026
  • Tax Year: 2015
  • Close Date: 05/13/2016

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2016
Closed on
May 10, 2016
Sold by
Hrb Mortgage Holdings Llc
Bought by
Chen Wu Ding and Chen Mao
Seller's Agent
Don Ash
Alliance Realty
Buyer's Agent
Joseph Hurley
Pantano Real Estate Inc
List Price
$49,900
Sold Price
$38,000
Premium/Discount to List
-$11,900
-23.85%
Current Estimated Value
$268,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,207
Avg. Annual Appreciation
19.20%

Purchase Details

Closed on
Aug 27, 2015
Sold by
Ferris Michael J and Ferris Christina M
Bought by
Hrb Mortgage Holdings Llc

Purchase Details

Closed on
Dec 26, 2001
Sold by
Bryant J Gary and Bryant Carolyn
Bought by
Ferris Michael J and Ferris Christina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.72%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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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
Chen Wu Ding $38,000 Attorney
Hrb Mortgage Holdings Llc $89,250 None Available
Ferris Michael J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferris Michael J $112,000
Previous Owner Ferris Michael J $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2016 05/13/16 Sold $38,000 -23.8% $20 / Sq Ft
04/15/2016 04/15/16 Pending -- -- --
03/09/2016 03/09/16 For Sale $49,900 -- $26 / 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 $1,220 $33,100 $3,200 $29,900
2023 $1,190 $33,100 $3,200 $29,900
2022 $1,177 $33,100 $3,200 $29,900
2021 $1,147 $33,100 $3,200 $29,900
2020 $1,114 $33,100 $3,200 $29,900
2019 $1,629 $33,100 $3,200 $29,900
2018 $952 $33,100 $3,200 $29,900
2017 $923 $33,100 $3,200 $29,900
2016 $921 $33,100 $3,200 $29,900
2015 $1,438 $33,100 $3,200 $29,900
2014 $1,437 $33,100 $3,200 $29,900
Source: Public Records

Agents Affiliated with this Home

  • Don Ash

    Seller's Agent in 2016

    Don Ash

    Alliance Realty

    (302) 521-5100

    5 in this area

    125 Total Sales

    Don Ash
    Section Image
  • Joseph Hurley

    Buyer's Agent in 2016

    Joseph Hurley

    Pantano Real Estate Inc

    (302) 740-5524

    44 in this area

    277 Total Sales

    Joseph Hurley
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003947129

Bright MLS

APN: 26-035.30-026

Delaware New Castle County Wilmington 19801 Downtown Wilmington

403 N Jefferson St, Wilmington, DE

This home is located at 403 N Jefferson St, Wilmington, DE 19801 since 09 March 2016 and is currently estimated at $268,207, approximately $141 per square foot. This property was built in 1890. 403 N Jefferson St is a home located in New Castle County with nearby schools including The Bancroft School, The Bayard School, and Newark High School.

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