412 N Spruce St Wilmington, DE 19801
Downtown Wilmington NeighborhoodEstimated Value: $241,000 - $249,000
--
Bed
1
Bath
2,000
Sq Ft
$123/Sq Ft
Est. Value
Highlights
- Bathtub with Shower
- Hot Water Heating System
- Carpet
- Central Heating
- Wood Siding
- 4-minute walk to Christina Park
About This Home
As of November 2021Welcome to this brick front Triplex with 2 spacious bedrooms and 1 bath on each floor. Each apartment is bringing in $750 monthly with potential to increase to $900. The top floor apartment is owner occupied, so buyer can move right in or rent out immediately for $900. Floor 1 and 2 tenants are on month to month leases. This property is in the up and coming East Side of Wilmington, close to all major local and regional transportation including Amtrak. Main attractions include Wilmington's beautiful waterfront and Rodney Square.
Last Agent to Sell the Property
ListWithFreedom.com License #RM424475 Listed on: 09/04/2021
Last Buyer's Agent
Burt Clarke
Long & Foster Real Estate, Inc.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,777
Year Built
- Built in 1920
Lot Details
- 2,178 Sq Ft Lot
- Lot Dimensions are 16x44x18x56
Home Design
- Triplex
- Brick Exterior Construction
- Brick Foundation
- Shingle Roof
- Wood Roof
- Wood Siding
- Stucco
Interior Spaces
- Bathtub with Shower
- 2,000 Sq Ft Home
- Double Hung Windows
- Electric Oven or Range
- Unfinished Basement
Flooring
- Carpet
- Vinyl
Laundry
- Dryer
- Washer
Utilities
- Window Unit Cooling System
- Central Heating
- Hot Water Heating System
- Electric Water Heater
Community Details
- 3 Units
Listing and Financial Details
- Tax Lot 012
- Assessor Parcel Number 26-044.30-012
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 21, 2023
Sold by
Clarke Burton
Bought by
Burklee Investments Llc
Current Estimated Value
Purchase Details
Listed on
Sep 4, 2021
Closed on
Nov 10, 2021
Sold by
Mcfarlane David A
Bought by
Clarke Burton
Seller's Agent
Ralph Harvey
ListWithFreedom.com
Buyer's Agent
Burt Clarke
Long & Foster Real Estate, Inc.
List Price
$240,000
Sold Price
$245,000
Premium/Discount to List
$5,000
2.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.68%
Original Mortgage
$222,323
Interest Rate
2.99%
Mortgage Type
FHA
Purchase Details
Listed on
Sep 9, 2016
Closed on
Dec 29, 2016
Sold by
Watson Duvall L and Watson Cheryl D
Bought by
Mcfarlane David A
Seller's Agent
Stephen Marcus
Brokers Realty Group, LLC
Buyer's Agent
Robert Harrison
Harrison Properties, Ltd.
List Price
$150,000
Sold Price
$149,000
Premium/Discount to List
-$1,000
-0.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.80%
Original Mortgage
$146,301
Interest Rate
4.25%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 10, 2006
Sold by
Burton Randall
Bought by
Watson Duvall L and Watson Cheryl D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,400
Interest Rate
6.28%
Mortgage Type
Fannie Mae Freddie Mac
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 |
|---|---|---|---|
| Burklee Investments Llc | -- | None Listed On Document | |
| Clarke Burton | -- | None Available | |
| Mcfarlane David A | $149,000 | None Available | |
| Watson Duvall L | $135,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Clarke Burton | $222,323 | |
| Previous Owner | Mcfarlane David A | $8,869 | |
| Previous Owner | Mcfarlane David A | $146,301 | |
| Previous Owner | Watson Duvall L | $108,400 | |
| Previous Owner | Watson Duvall L | $20,325 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/05/2021 11/05/21 | Sold | $245,000 | +2.1% | $123 / Sq Ft |
| 09/21/2021 09/21/21 | Pending | -- | -- | -- |
| 09/04/2021 09/04/21 | For Sale | $240,000 | +61.1% | $120 / Sq Ft |
| 12/30/2016 12/30/16 | Sold | $149,000 | -0.7% | $75 / Sq Ft |
| 11/17/2016 11/17/16 | Pending | -- | -- | -- |
| 09/09/2016 09/09/16 | For Sale | $150,000 | -- | $75 / Sq Ft |
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 | $1,231 | $33,400 | $1,000 | $32,400 |
| 2023 | $1,200 | $33,400 | $1,000 | $32,400 |
| 2022 | $1,188 | $33,400 | $1,000 | $32,400 |
| 2021 | $1,158 | $33,400 | $1,000 | $32,400 |
| 2020 | $1,124 | $33,400 | $1,000 | $32,400 |
| 2019 | $1,644 | $33,400 | $1,000 | $32,400 |
| 2018 | $712 | $33,400 | $1,000 | $32,400 |
| 2017 | $1,549 | $33,400 | $1,000 | $32,400 |
| 2016 | $1,549 | $33,400 | $1,000 | $32,400 |
| 2015 | $1,451 | $33,400 | $1,000 | $32,400 |
| 2014 | $1,450 | $33,400 | $1,000 | $32,400 |
Source: Public Records
Agents Affiliated with this Home
-
Ralph Harvey
Seller's Agent in 2021
Ralph Harvey
ListWithFreedom.com
(855) 456-4945
2 in this area
11,312 Total Sales
-
B
Buyer's Agent in 2021
Burt Clarke
Long & Foster
-
Stephen Marcus
Seller's Agent in 2016
Stephen Marcus
Brokers Realty Group, LLC
(302) 299-8711
5 in this area
159 Total Sales
-
Robert Harrison
R
Buyer's Agent in 2016
Robert Harrison
Harrison Properties, Ltd.
(302) 383-9578
2 in this area
22 Total Sales
Map
Source: Bright MLS
MLS Number: DENC2006460
APN: 26-044.30-012
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