NOT LISTED FOR SALE

406 N Franklin St Wilmington, DE 19805

Estimated Value: $107,000 - $164,000

3 Beds
1 Bath
1,075 Sq Ft
$123/Sq Ft Est. Value

Last Sold November 10, 2023

Last sale price $95,000 $88 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $771/month

3 Days on Market

Highlights

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

About This Home

As of November 2023

3 Bedrooms, 0ne bath home. House being sold as is.

Last Agent to Sell the Property

Cynthia Shareef

(302) 420-8091 shareefcynthia@yahoo.com Tesla Realty Group, LLC Listed on: 10/09/2023

Tesla Realty Group, LLC

Last Buyer's Agent

Cynthia Shareef

(302) 420-8091 shareefcynthia@yahoo.com Tesla Realty Group, LLC Listed on: 10/09/2023

Tesla Realty Group, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $613

Year Built

  • Built in 1889

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 14.50 x 97.00

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 1,075 Sq Ft Home
  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Hot Water Heating System
  • Natural Gas Water Heater
  • No Septic System

Community Details

  • No Home Owners Association
  • Wilm #10 Subdivision

Listing and Financial Details

  • Tax Lot 491
  • Assessor Parcel Number 26-034.10-491

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$613

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
  • Year Built: 1889
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1075
  • Living Area Sq Ft: 1075
  • Price Per Sq Ft: 88.37
  • Above Grade Finished Sq Ft: 1075
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

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: No Septic System
  • 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: 0.03
  • Lot Dimensions: 14.50 x 97.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Zoning: 26R-3
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 331.00
  • Tax Annual Amount: 613.00
  • Assessor Parcel Number: 26-034.10-491
  • Tax Lot: 491
  • 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
Oct 9, 2023
Closed on
Nov 10, 2023
Sold by
Bailey Kenneth
Bought by
Rim Holdings Llc
Seller's Agent
Cynthia Shareef
Tesla Realty Group, LLC
Buyer's Agent
Cynthia Shareef
Tesla Realty Group, LLC
List Price
$95,000
Sold Price
$95,000
Views
17
Current Estimated Value
$140,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,338
Avg. Annual Appreciation
17.30%
Original Mortgage
$115,000
Interest Rate
7.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 1993
Bought by
Bailey Kenneth
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
Rim Holdings Llc -- None Listed On Document
Bailey Kenneth $51,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Rim Holdings Llc $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2023 11/10/23 Sold $95,000 0.0% $88 / Sq Ft
10/12/2023 10/12/23 Pending -- -- --
10/09/2023 10/09/23 For Sale $95,000 -- $88 / 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 $418 $13,400 $2,700 $10,700
2023 $362 $13,400 $2,700 $10,700
2022 $365 $13,400 $2,700 $10,700
2021 $363 $13,400 $2,700 $10,700
2020 $350 $13,400 $2,700 $10,700
2019 $634 $13,400 $2,700 $10,700
2018 $365 $13,400 $2,700 $10,700
2017 $364 $13,400 $2,700 $10,700
2016 $345 $13,400 $2,700 $10,700
2015 $568 $13,400 $2,700 $10,700
2014 $539 $13,400 $2,700 $10,700
Source: Public Records

Agents Affiliated with this Home

  • Cynthia Shareef

    Seller's Agent in 2023

    Cynthia Shareef

    Tesla Realty Group, LLC

    (302) 420-8091

    91 Total Sales

    Cynthia Shareef
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Map

Source: Bright MLS

MLS Number: DENC2050656

Bright MLS

APN: 26-034.10-491

Delaware New Castle County Wilmington 19805

406 N Franklin St, Wilmington, DE

Not Listed for Sale

Townhouses

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