NOT LISTED FOR SALE

405 Binstead Ave Wilmington, DE 19804

Estimated Value: $290,000 - $338,000

3 Beds
1.5 Baths
1,200 Sq Ft
$261/Sq Ft Est. Value

Last Sold July 28, 2017

Last sale price $161,000 $134 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $1,719/month

5 Days on Market

Highlights

  • Traditional Architecture
  • 1 Car Attached Garage
  • En-Suite Primary Bedroom
  • No HOA
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of July 2017

Solid home in great location, close to shopping, Delaware Park, medical facilities and shopping. Home could use cosmetic improvements but features an updated bath, kitchen, siding and windows. Being sold as-is, inspections for informational purposes. No FHA or VA offers, cash or conventional financing only.

Last Agent to Sell the Property

Stephen Quinn

RE/MAX Edge Listed on: 06/20/2017

Last Buyer's Agent

Daniel Duncan

RE/MAX Edge

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,298

Year Built

  • Built in 1958

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 60x107
  • Property is zoned NC5

Parking

  • 1 Car Attached Garage
  • 1 Open Parking Space

Home Design

  • Traditional Architecture
  • Split Level Home
  • Asbestos

Interior Spaces

  • 1,200 Sq Ft Home
  • Family Room
  • Living Room
  • Laundry on lower level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Kiamensi Gardens Subdivision

Listing and Financial Details

  • Tax Lot 123
  • Assessor Parcel Number 08-045.30-123

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,298

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional, Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1958
  • Remarks Public: Solid home in great location, close to shopping, Delaware Park, medical facilities and shopping. Home could use cosmetic improvements but features an updated bath, kitchen, siding and windows. Being sold as-is, inspections for informational purposes. No FHA or VA offers, cash or conventional financing only.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Levels Count: Other
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: No
  • Laundry Type: Lower Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Net Sq Ft: 1200.00
  • Price Per Sq Ft: 127.50
  • Above Grade Finished Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 405

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Asbestos
  • Access To Pool: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 1
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • 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: RED CLAY CONSOLIDATED
  • School District Key: 300200396545

Lot Info

  • Improvement Assessed Value: 33400.00
  • Land Assessed Value: 9100.00
  • Lot Size Acres: 0.15
  • Lot Dimensions: 60X107
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6534.00
  • Property Attached Yn: No
  • Zoning: NC5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2286412
  • Tax Annual Amount: 1298.00
  • Assessor Parcel Number: 08-045.30-123
  • Tax Lot: 123
  • Tax Year: 2016
  • Close Date: 07/28/2017

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2017
Closed on
Jul 28, 2017
Sold by
Griffith Patricia E and Griffith Stephen Eugene
Bought by
Hobbs Gordon D and Hobbs Martha J
Seller's Agent
Stephen Quinn
RE/MAX Edge
Buyer's Agent
Daniel Duncan
RE/MAX Edge
List Price
$158,500
Sold Price
$161,000
Premium/Discount to List
$2,500
1.58%
Current Estimated Value
$313,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,448
Avg. Annual Appreciation
8.40%
Original Mortgage
$128,800
Outstanding Balance
$108,525
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$201,486
Source: Public Records

Range of Values:

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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
Hobbs Gordon D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hobbs Gordon D $128,800
Previous Owner Griffith Donna M $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2017 07/28/17 Sold $161,000 +5.2% $134 / Sq Ft
06/25/2017 06/25/17 Pending -- -- --
06/24/2017 06/24/17 Price Changed $153,000 -3.5% $128 / Sq Ft
06/20/2017 06/20/17 For Sale $158,500 -- $132 / 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 $290 $42,500 $9,100 $33,400
2023 $263 $42,500 $9,100 $33,400
2022 $260 $42,500 $9,100 $33,400
2021 $259 $42,500 $9,100 $33,400
2020 $259 $42,500 $9,100 $33,400
2019 $628 $42,500 $9,100 $33,400
2018 $984 $42,500 $9,100 $33,400
2017 $1,393 $42,500 $9,100 $33,400
2016 $2,776 $42,500 $9,100 $33,400
2015 $1,247 $42,500 $9,100 $33,400
2014 $1,157 $42,500 $9,100 $33,400
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Stephen Quinn

    RE/MAX

    Section Image
  • Daniel Duncan

    Buyer's Agent in 2017

    Daniel Duncan

    RE/MAX

    (302) 729-8090

    2 in this area

    60 Total Sales

    Daniel Duncan
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000066384

Bright MLS

APN: 08-045.30-123

Delaware New Castle County Wilmington 19804

405 Binstead Ave, Wilmington, DE

This home is located at 405 Binstead Ave, Wilmington, DE 19804 since 20 June 2017 and is currently estimated at $313,448, approximately $261 per square foot. This property was built in 1958. 405 Binstead Ave is a home located in New Castle County with nearby schools including Anna P. Mote Elementary School, Stanton Middle School, and Dickinson (John) High School.

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