NOT LISTED FOR SALE

408 New Rd Wilmington, DE 19805

Estimated Value: $156,000 - $237,000

3 Beds
1 Bath
1,150 Sq Ft
$180/Sq Ft Est. Value

Last Sold August 30, 2021

Last sale price $110,000 $96 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $1,144/month

17 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • 3-minute walk to Junction Park

About This Home

As of August 2021

Great opportunity to own this lovely home! Great location to schools, shops and restaurants. Just needs a little TLC to make it shine again! Home is sold in As Is condition, seller/lender will not make any repairs or credit money for repairs. Home is sold as a short sale, final terms are subject to lender/investor approval. Buyers is responsible for any lender required repairs to obtain financing." Per HUD guidelines, offers will be reviewed after 14 days of being on the market.

Last Agent to Sell the Property

Susana Mendoza

(302) 477-0400 tiagianakis@gmail.com Concord Realty Group Listed on: 03/01/2021

Concord Realty Group

Last Buyer's Agent

Jason Duncan

(484) 406-3004 jason@thejasonduncanteam.com Foraker Realty Co. License #676568

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1949

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 18.00 x 93.80

Home Design

  • Side-by-Side
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 1,150 Sq Ft Home
  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • No Home Owners Association
  • Elsmere Subdivision

Listing and Financial Details

  • Tax Lot 069
  • Assessor Parcel Number 19-005.00-069

Townhouse Details

Home Type

Townhome

Year Built

Built in 1949

Lot Details

1,742 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Side-By-Side
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • Historic: No
  • Home Warranty: No
  • Inclusions: All Appliances
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1949
  • Automatically Close On Close Date: No
  • Special Features: 12
  • Property Sub Type: Townhouses

Interior Features

  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1150
  • Living Area Sq Ft: 1150
  • Price Per Sq Ft: 95.65
  • Above Grade Finished Sq Ft: 1150
  • 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
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 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
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 25700.00
  • Land Assessed Value: 4300.00
  • Lot Size Acres: 0.04
  • Lot Dimensions: 18.00 x 93.80
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Zoning: 19R1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2376664
  • School Tax: 744.00
  • Tax Annual Amount: 1743.00
  • Assessor Parcel Number: 19-005.00-069
  • Tax Lot: 069
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2021
Sold by
Nikolaos Karavasilis
Bought by
Fk Properties De Llc
Current Estimated Value
$206,493

Purchase Details

Listed on
Mar 1, 2021
Closed on
Sep 2, 2021
Sold by
Zavala Azucena Ayala and Vazquez Arturo Ayala
Bought by
Karavasilis Nikolaos and Karavasilis Evmorfia D
Seller's Agent
Susana Mendoza
Concord Realty Group
Buyer's Agent
Jason Duncan
Foraker Realty Co.
List Price
$110,000
Sold Price
$110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.92%

Purchase Details

Closed on
Dec 23, 2008
Sold by
Valencia Mary Quinn and Boord Mary
Bought by
Ayala Arturo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,217
Interest Rate
6.08%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 10, 2002
Sold by
Valencia Don W and Valencia Mary Quinn
Bought by
Valencia Mary Quinn
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
Fk Properties De Llc -- Gordon Founaris & Mammarella P
Karavasilis Nikolaos -- None Available
Ayala Arturo $145,000 None Available
Valencia Mary Quinn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ayala Arturo $144,217
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2021 08/30/21 Sold $110,000 0.0% $96 / Sq Ft
05/26/2021 05/26/21 Price Changed $110,000 0.0% $96 / Sq Ft
05/26/2021 05/26/21 For Sale $110,000 +11.7% $96 / Sq Ft
03/18/2021 03/18/21 Pending -- -- --
03/17/2021 03/17/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $98,500 -- $86 / Sq Ft
Source: Bright MLS

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 $984 $30,000 $4,300 $25,700
2023 $857 $30,000 $4,300 $25,700
2022 $858 $30,000 $4,300 $25,700
2021 $834 $30,000 $4,300 $25,700
2020 $839 $30,000 $4,300 $25,700
2019 $1,360 $30,000 $4,300 $25,700
2018 $494 $30,000 $4,300 $25,700
2017 $802 $30,000 $4,300 $25,700
2016 $802 $30,000 $4,300 $25,700
2015 $744 $30,000 $4,300 $25,700
2014 $680 $30,000 $4,300 $25,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC521562

Bright MLS

APN: 19-005.00-069

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