NOT LISTED FOR SALE

404 N Franklin St Wilmington, DE 19805

Estimated Value: $119,000 - $184,707

3 Beds
1 Bath
1,225 Sq Ft
$129/Sq Ft Est. Value

Last Sold October 10, 2023

Last sale price $124,000 $101 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $868/month

174 Days on Market

Highlights

  • Colonial Architecture
  • Hot Water Heating System
  • 3-minute walk to Connell Street Park
  • No HOA

About This Home

As of October 2023

Recently updated 3 bedroom townhouse located in the heart of Wilmington just minutes away from the riverfront. New updates include the kitchen and bathroom, bedrooms, and living room. This home also has a large backyard and back porch perfect for relaxing and a basement that can be finished for additional storage.

Last Agent to Sell the Property

Kavon Bailey

(302) 333-0386 kavonbailey@yahoo.com EXP Realty, LLC License #RS-0024619 Listed on: 03/05/2023

EXP Realty, LLC

Last Buyer's Agent

Kavon Bailey

(302) 333-0386 kavonbailey@yahoo.com EXP Realty, LLC License #RS-0024619 Listed on: 03/05/2023

EXP Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $686

Year Built

  • Built in 1889

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 16.10 x 96.00

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 1,225 Sq Ft Home
  • Property has 2 Levels
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Wilmington Subdivision

Listing and Financial Details

  • Tax Lot 492
  • Assessor Parcel Number 26-034.10-492

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$686

Year Built

Built in 1889

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
  • Year Built: 1889
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 1225
  • Living Area Sq Ft: 1225
  • Price Per Sq Ft: 106.12
  • Above Grade Finished Sq Ft: 1225
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00

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
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • 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
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 16.10 x 96.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Zoning: 26R-3
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 370.00
  • Tax Annual Amount: 686.00
  • Assessor Parcel Number: 26-034.10-492
  • Tax Lot: 492
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2023
Closed on
Oct 10, 2023
Sold by
Ballard Jeffrey
Bought by
Williams-Redding Hycation
Seller's Agent
Kavon Bailey
EXP Realty, LLC
Buyer's Agent
Kavon Bailey
EXP Realty, LLC
List Price
$145,000
Sold Price
$124,000
Premium/Discount to List
-$21,000
-14.48%
Views
387
Current Estimated Value
$158,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,177
Avg. Annual Appreciation
11.93%
Original Mortgage
$121,754
Outstanding Balance
$119,387
Interest Rate
7.18%
Mortgage Type
FHA
Estimated Equity
$38,790

Purchase Details

Listed on
Nov 10, 2022
Closed on
Dec 23, 2022
Sold by
Jones Lysander
Bought by
Ballard Jeffrey
Seller's Agent
Victoria Lawson
Long & Foster Real Estate, Inc.
Buyer's Agent
Kavon Bailey
EXP Realty, LLC
List Price
$60,000
Sold Price
$47,500
Premium/Discount to List
-$12,500
-20.83%
Views
78

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
231.83%

Purchase Details

Closed on
Jun 24, 2009
Sold by
Us Bank National Association
Bought by
Jones Lysander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
5.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2009
Sold by
Klous Charles and Klous Lynne T
Bought by
Us Bank National Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Williams-Redding Hycation -- None Listed On Document
Ballard Jeffrey -- --
Jones Lysander $43,000 None Available
Us Bank National Association $59,459 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams-Redding Hycation $121,754
Previous Owner Jones Lysander $52,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/10/2023 10/10/23 Sold $124,000 -4.6% $101 / Sq Ft
08/26/2023 08/26/23 Pending -- -- --
07/19/2023 07/19/23 Price Changed $130,000 -10.3% $106 / Sq Ft
03/05/2023 03/05/23 For Sale $145,000 +205.3% $118 / Sq Ft
12/23/2022 12/23/22 Sold $47,500 -5.0% $39 / Sq Ft View Prior Sale
12/08/2022 12/08/22 Price Changed $50,000 -16.7% $41 / Sq Ft
11/10/2022 11/10/22 For Sale $60,000 -- $49 / 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 $468 $15,000 $3,200 $11,800
2023 $407 $15,000 $3,200 $11,800
2022 $409 $15,000 $3,200 $11,800
2021 $408 $15,000 $3,200 $11,800
2020 $410 $15,000 $3,200 $11,800
2019 $712 $15,000 $3,200 $11,800
2018 $408 $15,000 $3,200 $11,800
2017 $408 $15,000 $3,200 $11,800
2016 $386 $15,000 $3,200 $11,800
2015 $636 $15,000 $3,200 $11,800
2014 $603 $15,000 $3,200 $11,800
Source: Public Records

Agents Affiliated with this Home

  • Kavon Bailey

    Seller's Agent in 2023

    Kavon Bailey

    EXP Realty, LLC

    (302) 333-0386

    22 Total Sales

    Kavon Bailey
    Section Image
  • Victoria Lawson

    Seller's Agent in 2022

    Victoria Lawson

    Long & Foster

    (302) 743-2925

    142 Total Sales

    Victoria Lawson
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DENC2039110

Bright MLS

APN: 26-034.10-492

Delaware New Castle County Wilmington 19805

404 N Franklin St, Wilmington, DE

Not Listed for Sale

Townhouses

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