NOT LISTED FOR SALE

Estimated Value: $375,000 - $406,040

-- Bed
3 Baths
2,300 Sq Ft
$170/Sq Ft Est. Value

Last Sold May 17, 2022

Last sale price $335,000 $146 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,305/month

1 Day on Market

Highlights

  • 0.08 Acre Lot
  • Wood Flooring
  • Hot Water Heating System
  • Colonial Architecture
  • Ceiling height of 9 feet or more

About This Home

As of May 2022

Welcome to this 3 unit triplex in Wilmington. This is a great investment opportunity. Two single bedroom units and one two bedroom unit. Units are not vacant and currently being rented.
The seller has received multiple offers and asks that if interested, you send your highest and best offer to Brian by today 4/1/22 @ 6 PM.

Brian Foraker
Foraker Realty Co.

Last Agent to Sell the Property

Brian Foraker

Foraker Realty Co. Listed on: 03/30/2022

Last Buyer's Agent

Vincet Garman

Compass License #RS343299

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,459

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 27.50 x 141.60

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Colonial Architecture
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 2,300 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Schools

  • Warner Elementary School
  • Skyline Middle School
  • John Dickinson High School

Utilities

  • Cooling System Utilizes Bottled Gas
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 3 Units
  • 3-Story Building

Listing and Financial Details

  • The owner pays for common area maintenance, water, trash collection, real estate taxes, gas, lawn/shrub care
  • Tax Lot 093
  • Assessor Parcel Number 26-022.10-093

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,459

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Expected On Market: 2022-03-30
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to this 3 unit triplex in Wilmington. This is a great investment opportunity. Two single bedroom units and one two bedroom unit. Units are not vacant and currently being rented. The seller has received multiple offers and asks that if interested, you send your highest and best offer to Brian by today 4/1/22 @ 6 PM. Brian Foraker Foraker Realty Co.
  • Special Features: None

Interior Features

  • Flooring Type: Wood
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Foundation Details: Other
  • Room Count: 10
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2300
  • Living Area Sq Ft: 2300
  • Price Per Sq Ft: 141.30
  • Above Grade Finished Sq Ft: 2300
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 418

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Flat
  • 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: No
  • Cooling Fuel: Bottled Gas
  • Heating Fuel: Electric
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: RED CLAY CONSOLIDATED
  • Elementary School: WARNER
  • Middle School: SKYLINE
  • High School: JOHN DICKINSON
  • School District Key: 300200396545
  • School District Source: Listing Agent
  • Elementary School: WARNER
  • High School: JOHN DICKINSON
  • Middle Or Junior School: SKYLINE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 45500.00
  • Land Assessed Value: 8300.00
  • Lot Size Acres: 0.08
  • Lot Dimensions: 27.50 x 141.60
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3485.00
  • Year Assessed: 2021
  • Zoning: R
  • In City Limits: No

Rental Info

  • Existing Lease Type: Yearly, Month To Month
  • Owner Pays: Common Area Maintenance, Water, Trash Collection, Taxes - Real Estate, Gas, Lawn/Shrub Care
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2399721
  • School Tax: 1328.00
  • Tax Annual Amount: 3459.00
  • Assessor Parcel Number: 26-022.10-093
  • Tax Lot: 093
  • Tax Total Finished Sq Ft: 2300
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 05/17/2022

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2022
Closed on
May 18, 2022
Sold by
James Cerullo Anthony
Bought by
Wright Rei-De I Llc
Seller's Agent
Brian Foraker
Foraker Realty Co.
Buyer's Agent
Vincet Garman
Compass
List Price
$325,000
Sold Price
$335,000
Premium/Discount to List
$10,000
3.08%
Total Days on Market
1
Current Estimated Value
$390,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,013
Avg. Annual Appreciation
4.99%
Original Mortgage
$268,000
Outstanding Balance
$256,145
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$133,868

Purchase Details

Closed on
May 27, 2016
Sold by
Brescia Properties L L C
Bought by
Mclellan & Moran Properties Llc

Purchase Details

Closed on
Aug 27, 2009
Sold by
Bayview Holdings Llc
Bought by
Brescia Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2007
Sold by
Kauker James A and Kauker Patricia L
Bought by
Bayview Holdings Llc

Purchase Details

Closed on
Mar 30, 2004
Sold by
Young Charles A and Young Diane M
Bought by
Kauker James A and Kauker Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
4.38%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Wright Rei-De I Llc $335,000 Wolfe & Associates Llc
Mclellan & Moran Properties Llc $210,000 None Available
Brescia Properties Llc $180,000 Stewart Title Guaranty Co
Bayview Holdings Llc -- None Available
Kauker James A $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Rei-De I Llc $268,000
Previous Owner Brescia Properties Llc $150,000
Previous Owner Kauker James A $133,000
Previous Owner Kauker James A $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2022 05/17/22 Sold $335,000 +3.1% $146 / Sq Ft
03/30/2022 03/30/22 For Sale $325,000 +30.0% $141 / Sq Ft
06/10/2019 06/10/19 Sold $250,000 0.0% --
04/17/2019 04/17/19 Pending -- -- --
10/23/2018 10/23/18 For Sale $249,900 0.0% --
06/12/2017 06/12/17 Rented $675 0.0% --
05/26/2017 05/26/17 Under Contract -- -- --
05/08/2017 05/08/17 For Rent $675 -- --
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 $1,679 $53,800 $8,300 $45,500
2023 $1,459 $53,800 $8,300 $45,500
2022 $1,466 $53,800 $8,300 $45,500
2021 $1,463 $53,800 $8,300 $45,500
2020 $1,472 $53,800 $8,300 $45,500
2019 $2,553 $53,800 $8,300 $45,500
2018 $557 $53,800 $8,300 $45,500
2017 $2,384 $53,800 $8,300 $45,500
2016 $2,384 $53,800 $8,300 $45,500
2015 $2,280 $53,800 $8,300 $45,500
2014 $2,164 $53,800 $8,300 $45,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2020310

Bright MLS

APN: 26-022.10-093