405 E 8th St Wilmington, DE 19801
Downtown Wilmington NeighborhoodEstimated Value: $143,000 - $192,000
3
Beds
1
Bath
1,300
Sq Ft
$127/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Forced Air Heating and Cooling System
- 2-minute walk to Herman M. Holloway, Sr. Park - Compton Park
- No HOA
About This Home
As of July 2023Newly renovated, 1960's built home in the heart of Wilmington's revitalization efforts! You'll notice the entire home is freshly painted with new hardwood floors throughout as soon as you walk inside. The main level is very spacious with an open floor plan through the living room, dining area and kitchen. The kitchen is complete with granite countertops, new cabinets and stainless steel appliances including a range hood over the island. The granular island is oversized with built in range/oven, barstool seating and pendant lights. Other updates include vinyl windows, expanded closet space and new fixtures throughout. Upstairs you'll find three spacious bedrooms with two walk-in closets in the owner's suite and an updated bathroom. The backyard is very spacious with a privacy fence, shed and access through the alleyway. With the People's Settlement Association directly across the street, there is ample parking available on this block. This home is only a short walk away from Wilmington's Central Business District, the dining at downtown Market St and nightlife on Wilmington’s Riverfront. Also a short drive away from major roadways like I-95, Rt 13, I-495 and within 20 minutes from two airports. Similar homes are selling for $185k so there's an opportunity for instant equity, schedule your tour today!
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $947
Year Built
- Built in 1900
Lot Details
- 1,742 Sq Ft Lot
- Lot Dimensions are 18.00 x 102.00
Parking
- On-Street Parking
Home Design
- Traditional Architecture
- Permanent Foundation
Interior Spaces
- 1,300 Sq Ft Home
- Property has 2 Levels
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Wilm #07 Subdivision
Listing and Financial Details
- Tax Lot 120
- Assessor Parcel Number 26-035.40-120
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 9, 2023
Closed on
Jul 14, 2023
Sold by
Vjs Properties Llc
Bought by
Fagan Jared
Seller's Agent
Shane Pezick
RE/MAX Associates-Wilmington
Buyer's Agent
Paige Whalen
Foraker Realty Co.
List Price
$159,000
Sold Price
$170,000
Premium/Discount to List
$11,000
6.92%
Views
58
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
-$4,333
Avg. Annual Appreciation
-8.02%
Original Mortgage
$164,900
Outstanding Balance
$161,768
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
-$17,101
Purchase Details
Listed on
Aug 26, 2020
Closed on
Aug 21, 2020
Sold by
Morgan Anna Marie
Bought by
Vjs Properties Llc
Seller's Agent
Carolyn Stanley
Stanley Properties, LLC
Buyer's Agent
Carolyn Stanley
Stanley Properties, LLC
Sold Price
$925
Similar Homes in Wilmington, DE
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 |
|---|---|---|---|
| Fagan Jared | -- | None Listed On Document | |
| Vjs Properties Llc | $435 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fagan Jared | $164,900 | |
| Closed | Pagan Jared | $12,000 | |
| Previous Owner | Vjs Properties Llc | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/14/2023 07/14/23 | Sold | $170,000 | 0.0% | $131 / Sq Ft |
| 06/16/2023 06/16/23 | Price Changed | $170,000 | +6.9% | $131 / Sq Ft |
| 06/12/2023 06/12/23 | Pending | -- | -- | -- |
| 06/09/2023 06/09/23 | For Sale | $159,000 | 0.0% | $122 / Sq Ft |
| 10/15/2020 10/15/20 | Rented | $925 | 0.0% | -- |
| 09/01/2020 09/01/20 | Under Contract | -- | -- | -- |
| 08/26/2020 08/26/20 | For Rent | $925 | -- | -- |
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 | $645 | $17,500 | $2,300 | $15,200 |
| 2023 | $6 | $17,500 | $2,300 | $15,200 |
| 2022 | $623 | $17,500 | $2,300 | $15,200 |
| 2021 | $589 | $17,500 | $2,300 | $15,200 |
| 2020 | $589 | $17,500 | $2,300 | $15,200 |
| 2019 | $349 | $17,500 | $2,300 | $15,200 |
| 2018 | $547 | $17,500 | $2,300 | $15,200 |
| 2017 | $811 | $17,500 | $2,300 | $15,200 |
| 2016 | $811 | $17,500 | $2,300 | $15,200 |
| 2015 | $760 | $17,500 | $2,300 | $15,200 |
| 2014 | $760 | $17,500 | $2,300 | $15,200 |
Source: Public Records
Agents Affiliated with this Home
-
Shane Pezick
Seller's Agent in 2023
Shane Pezick
RE/MAX
(302) 354-7121
12 in this area
211 Total Sales
-
Paige Whalen
Buyer's Agent in 2023
Paige Whalen
Foraker Realty Co.
(484) 888-9006
2 in this area
63 Total Sales
-
Carolyn Stanley
Seller's Agent in 2020
Carolyn Stanley
Stanley Properties, LLC
(302) 218-8013
34 Total Sales
Map
Source: Bright MLS
MLS Number: DENC2043886
APN: 26-035.40-120
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