NOT LISTED FOR SALE

Estimated Value: $305,412 - $386,000

6 Beds
6 Baths
2,400 Sq Ft
$148/Sq Ft Est. Value

Last Sold December 19, 2024

Last sale price $402,500 $168 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $1,984/month

8 Days on Market

Highlights

  • Colonial Architecture
  • Living Room
  • Dining Room
  • No HOA
  • Central Air
  • 3-minute walk to Jennie M. Weaver Playground

About This Home

As of December 2024

Multi-family property with three large units located in the City of Wilmington right across the street from the Quaker Hill Meeting House in the Quaker Hill area. This historic well maintained property is in a great location with public street parking across the street and excellent curb appeal all around. These units are all approximately 1100-1200 sqft with separated central air/heat pump units, separate water heaters, and separate electric meters for each unit. Each unit is a similar layout to the third floor unit featured in the photos. The first floor and second floor units are currently occupied by tenants. The third floor unit is vacant and available for immediate rent or for an owner occupant to occupy and collect rent on the other two units. The third floor unit has been updated with new carpet, new LVP flooring, and fresh paint all in 2024. Other recent updates include a new roof in 2022, new full HVAC replacement in the third floor unit in 2021, and a new outdoor HVAC unit for the first floor unit. With market rent for each unit around $1350+ a month this property could bring in over $4,000 a month with all three units rented at current market rents. Schedule a showing today to see the possibilities this property has to offer for an owner occupant investor or an investor looking to add to their portfolio!

Last Agent to Sell the Property

Jacob Ryan

(302) 426-2211 tom@ricciorealestate.com RE/MAX Point Realty Listed on: 10/29/2024

Last Buyer's Agent

Vincet Garman

(302) 202-9855 ashley.hess@compass.com Compass License #RS343299

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,781

Year Built

  • Built in 1920

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 18.00 x 100.00

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Stucco

Interior Spaces

  • 2,400 Sq Ft Home
  • Property has 3 Levels
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

Schools

  • Bayard Middle School

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Wilmington Subdivision

Listing and Financial Details

  • Tax Lot 071
  • Assessor Parcel Number 26-035.30-071

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,781

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Tenants Personal Property
  • Inclusions: All items, systems, and applianced currently in the units.
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2400
  • Living Area Sq Ft: 2400
  • Price Per Sq Ft: 166.62
  • Above Grade Finished Sq Ft: 2400
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 2
  • Total Bathrooms: 6
  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 4
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1
  • Upper Level 2 Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Concrete, Stucco
  • 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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Middle Or Junior School: BAYARD

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 18.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Zoning: 26R5-B
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1087.00
  • Tax Annual Amount: 1781.00
  • Assessor Parcel Number: 26-035.30-071
  • Tax Lot: 071
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2025
Sold by
Dimeo Antimo
Bought by
Washington St Associates Llc
Current Estimated Value
$354,853

Purchase Details

Listed on
Oct 29, 2024
Closed on
Dec 19, 2024
Sold by
Property Exchange Washington Street Llc
Bought by
Dimeo Antimo
Seller's Agent
Jacob Ryan
RE/MAX Point Realty
Buyer's Agent
Vincet Garman
Compass
List Price
$399,900
Sold Price
$402,500
Premium/Discount to List
$2,600
0.65%
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.29%
Original Mortgage
$322,000
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2023
Sold by
Properties Exchange
Bought by
Property Exchange Washington Street Llc

Purchase Details

Closed on
Nov 7, 2011
Sold by
Archer Adrian H
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Oct 11, 2011
Sold by
Fannie Mae
Bought by
Property Exchange Llc

Purchase Details

Closed on
Jan 22, 2007
Sold by
Archer Adrian H
Bought by
Archer Adrian H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
8.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 21, 2005
Sold by
Boone Melvin O
Bought by
Archer Adrian H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,600
Interest Rate
8.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 20, 2002
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Wachovia Bank Na and First Union

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
6.39%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 9, 2001
Sold by
Holman Richard J and Holman Judith D
Bought by
Federal Home Loan Mortgage Corporation
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
Washington St Associates Llc -- None Listed On Document
Dimeo Antimo $402,500 None Listed On Document
Property Exchange Washington Street Llc -- None Listed On Document
Fannie Mae $236,029 None Available
Property Exchange Llc $50,000 None Available
Archer Adrian H -- The Security Title Guarantee
Archer Adrian H $187,000 The Security Title Guarantee
Wachovia Bank Na -- --
Boone Melvin O $82,000 --
Federal Home Loan Mortgage Corporation $95,707 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dimeo Antimo $322,000
Previous Owner Archer Adrian H $208,000
Previous Owner Archer Adrian H $149,600
Previous Owner Boone Melvin O $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/19/2024 12/19/24 Sold $402,500 0.0% $168 / Sq Ft
12/19/2024 12/19/24 Sold $402,500 +0.7% $168 / Sq Ft View Prior Sale
10/29/2024 10/29/24 For Sale $399,900 0.0% $167 / Sq Ft
10/29/2024 10/29/24 For Sale $399,900 -- $167 / 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 $1,213 $32,900 $8,700 $24,200
2023 $1,186 $32,900 $8,700 $24,200
2022 $1,170 $32,900 $8,700 $24,200
2021 $1,140 $32,900 $8,700 $24,200
2020 $1,107 $32,900 $8,700 $24,200
2019 $1,619 $32,900 $8,700 $24,200
2018 $946 $32,900 $8,700 $24,200
2017 $918 $32,900 $8,700 $24,200
2016 $915 $32,900 $8,700 $24,200
2015 $1,429 $32,900 $8,700 $24,200
2014 $1,428 $32,900 $8,700 $24,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2070954

Bright MLS

APN: 26-035.30-071

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