R
Seller's Agent in 2021
Rodman Mullins
Sterling Real Estate LLC
(302) 750-1299
2 in this area
49 Total Sales
408 W Champlain Ave Wilmington, DE 19804
Ashley NeighborhoodEstimated Value: $396,816 - $444,000
Studio
3
Baths
2,300
Sq Ft
$184/Sq Ft
Est. Value
Highlights
- 0.54 Acre Lot
- No HOA
- Asbestos
- Cape Cod Architecture
- Forced Air Heating System
About This Home
As of August 2021Detached home with two apartments and detached garage with apartment above. One bedroom unit with basement and laundry . Three bedroom unit with basement and upstairs Laundry. Detached Garage with one bedroom unit and laundry. All utilities are separate Excluding water and sewer. Large extra deep two car garage and extra shed with garage door can be rented for storage of vehicles or motorcycles.
Last Agent to Sell the Property
(302) 479-9600 jfreebery@sterling-realestate.com Sterling Real Estate LLC Listed on: 05/05/2021
Last Buyer's Agent
(302) 479-9600 jfreebery@sterling-realestate.com Sterling Real Estate LLC Listed on: 05/05/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,697
Year Built
- Built in 1950
Lot Details
- 0.54 Acre Lot
- Lot Dimensions are 105.00 x 225.00
Parking
- Off-Street Parking
Home Design
- 2,300 Sq Ft Home
- Triplex
- Cape Cod Architecture
- Combination Foundation
- Asbestos
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Additional Features
- Basement
Listing and Financial Details
- Tax Lot 101
- Assessor Parcel Number 07-042.20-101
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $3,500
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 12, 2025
Sold by
Redgait 132 Llc and Redgait 134 Llc
Bought by
Redgait Master Llc Series 408
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,150,000
Outstanding Balance
$2,136,847
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
-$1,712,893
Purchase Details
Listed on
May 5, 2021
Closed on
Aug 10, 2021
Sold by
Nester Michael B and Nester Patricia A
Bought by
Redgait 132 Llc and Redgait 134 Llc
Seller's Agent
Rodman Mullins
Sterling Real Estate LLC
Buyer's Agent
Rodman Mullins
Sterling Real Estate LLC
List Price
$310,000
Sold Price
$310,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%
Original Mortgage
$200,000
Interest Rate
2.9%
Mortgage Type
Construction
Purchase Details
Closed on
Feb 28, 2002
Sold by
Mcginley Christopher and Mcginley Barbara L
Bought by
Nester Michael B and Nester Patricia A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,920
Interest Rate
7.01%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Redgait Master Llc Series 408 | -- | None Listed On Document | |
| Redgait 132 Llc | $310,000 | None Listed On Document | |
| Nester Michael B | $164,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Redgait Master Llc Series 408 | $2,150,000 | |
| Previous Owner | Redgait 132 Llc | $200,000 | |
| Previous Owner | Nester Michael B | $131,920 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/17/2021 08/17/21 | Sold | $310,000 | 0.0% | $135 / Sq Ft |
| 05/27/2021 05/27/21 | Pending | -- | -- | -- |
| 05/05/2021 05/05/21 | For Sale | $310,000 | 0.0% | $135 / Sq Ft |
| 09/04/2014 09/04/14 | Rented | $995 | -6.1% | -- |
| 08/21/2014 08/21/14 | Under Contract | -- | -- | -- |
| 08/03/2014 08/03/14 | For Rent | $1,060 | -- | -- |
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 | $3,091 | $81,500 | $10,100 | $71,400 |
| 2023 | $2,737 | $81,500 | $10,100 | $71,400 |
| 2022 | $2,754 | $81,500 | $10,100 | $71,400 |
| 2021 | $2,760 | $81,500 | $10,100 | $71,400 |
| 2020 | $2,760 | $81,500 | $10,100 | $71,400 |
| 2019 | $3,139 | $81,500 | $10,100 | $71,400 |
| 2018 | $471 | $81,500 | $10,100 | $71,400 |
| 2017 | $2,549 | $81,500 | $10,100 | $71,400 |
| 2016 | $2,549 | $81,500 | $10,100 | $71,400 |
| 2015 | $2,391 | $81,500 | $10,100 | $71,400 |
| 2014 | $2,218 | $81,500 | $10,100 | $71,400 |
Source: Public Records
Agents Affiliated with this Home
-
Rodman Mullins
Map
Source: Bright MLS
MLS Number: DENC526000
APN: 07-042.20-101
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