NOT LISTED FOR SALE

409 W 25th St Wilmington, DE 19802

Baynard Village Neighborhood

Estimated Value: $119,000 - $262,000

-- Bed
2 Baths
-- Sq Ft
3,920 Sq Ft Lot

Last Sold July 15, 2019

Last sale price $85,000

Est. 134% increase in value since last sale

Current estimated payment $1,128/month

890 Days on Market

Highlights

  • 0.09 Acre Lot
  • 1 Car Detached Garage
  • Electric Baseboard Heater
  • No HOA
  • Ceiling Fan

About This Home

As of July 2019

Investors! What are you waiting for? Multi property all spruced up and waiting for new owner and tenants! New doors, fresh paint and a new welcoming front porch is great for relaxing! This twin property also has a garage in the back that can be used for storage or another rental income. Located on a quiet street but close to all public transportation and shopping. Owner never had a problem finding tenants and currently is vacant. Lovely side yard with garden in the summer. New water heater for one of the units. Look at the numbers - this is a good investment! Owner has people calling who want to rent in the neighborhood. This is a great income producing property! Three potential rentals! Being sold as-is.

Last Agent to Sell the Property

Jill Callahan

(610) 470-4945 jcallahan@cbpref.com Coldwell Banker Realty License #5000146 Listed on: 12/12/2016

Coldwell Banker Realty

Last Buyer's Agent

Theron Palmer

(302) 438-0938 T@elmproperties.net ELM Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 30x125

Parking

  • 1 Car Detached Garage
  • On-Street Parking
  • Unassigned Parking

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Cooling System Utilizes Natural Gas
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 319
  • Assessor Parcel Number 26-015.30-319

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Wilm #26 Subdivision

Building Details

  • Insurance Expense $800
  • Operating Expense $2,298

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Inclusions: All Appliances
  • New Construction: No
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • 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
  • Parking Features: Unassigned
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: On Street, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Natural Gas
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 27300.00
  • Land Assessed Value: 5300.00
  • Lot Size Acres: 0.09
  • Lot Dimensions: 30X125
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3920.00
  • Property Attached Yn: Yes
  • Zoning: 26R-3
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2394894
  • Tax Annual Amount: 1498.00
  • Assessor Parcel Number: 26-015.30-319
  • Tax Lot: 319
  • Tax Data Updated: No
  • Tax Year: 2017

Multi Family

  • Gross Income: 14400.00
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2023
Sold by
Lindell Llc
Bought by
Ummi Llc
Current Estimated Value
$198,914

Purchase Details

Listed on
Dec 12, 2016
Closed on
Jul 15, 2019
Sold by
Jfc 2 Llc
Bought by
Lindell Llc
Seller's Agent
Jill Callahan
Coldwell Banker Realty
Buyer's Agent
Theron Palmer
ELM Properties
List Price
$119,900
Sold Price
$85,000
Premium/Discount to List
-$34,900
-29.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.51%
Original Mortgage
$68,000
Interest Rate
3.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 18, 2008
Sold by
Fratangelo Joseph M
Bought by
Jfc 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2008
Sold by
Harrop Jeffrey W and Harrop Judith
Bought by
Fratangelo Joseph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 2006
Sold by
Harrop Jeffrey W
Bought by
Harrop Jeffery W and Harrop Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
10.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2003
Sold by
Foley Virginia B and Foley Donald
Bought by
Harrop Jeffrey W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.91%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 1, 2002
Sold by
Foley Virginia B
Bought by
Foley Donald and Foley Virginia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
7.13%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ummi Llc -- None Listed On Document
Lindell Llc -- North American Title Ins Co
Jfc 2 Llc -- None Available
Fratangelo Joseph M $113,500 None Available
Harrop Jeffery W -- None Available
Harrop Jeffrey W $100,000 --
Foley Donald -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lindell Llc $68,000
Previous Owner Fratangelo Joseph M $73,500
Previous Owner Harrop Jeffery W $114,000
Previous Owner Harrop Jeffrey W $90,000
Previous Owner Foley Donald $63,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2019 07/15/19 Sold $85,000 -29.1% --
12/12/2016 12/12/16 For Sale $119,900 -- --
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 $1,013 $32,600 $5,300 $27,300
2023 $884 $32,600 $5,300 $27,300
2022 $888 $32,600 $5,300 $27,300
2021 $1,547 $32,600 $5,300 $27,300
2020 $1,547 $32,600 $5,300 $27,300
2019 $1,547 $32,600 $5,300 $27,300
2018 $371 $32,600 $5,300 $27,300
2017 $1,444 $32,600 $5,300 $27,300
2016 $1,444 $32,600 $5,300 $27,300
2015 $1,381 $32,600 $5,300 $27,300
2014 $1,311 $32,600 $5,300 $27,300
Source: Public Records

Agents Affiliated with this Home

  • Jill Callahan

    Seller's Agent in 2019

    Jill Callahan

    Coldwell Banker Realty

    (610) 470-4945

    57 Total Sales

    Jill Callahan
    Section Image
  • Theron Palmer

    Buyer's Agent in 2019

    Theron Palmer

    ELM Properties

    (302) 438-0938

    1 Total Sale

    Theron Palmer
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1000322361

Bright MLS

APN: 26-015.30-319

Delaware New Castle County Wilmington 19802 Baynard Village

409 W 25th St, Wilmington, DE

Not Listed for Sale

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