49 Bancroft Mills Rd Unit 1B Wilmington, DE 19806
Highlands Neighborhood
1
Bed
1.5
Baths
928
Sq Ft
$352/mo
HOA Fee
Highlights
- 18 Feet of Waterfront
- Beamed Ceilings
- Forced Air Heating and Cooling System
- Water Oriented
- Bathtub with Shower
- Dogs and Cats Allowed
About This Home
As of March 2025Rarely available! Welcome to this freshly painted, 1 bedroom, 1.5-bathroom unit in Bancroft Mills! Spectacular views of the Brandywine await you in this ground floor beauty. As you enter through the front door, directly from the outside and not through the lobby, you are greeted with exposed wooden ceilings and beams, keeping in character with the original 1831 cotton mill, owned by Joseph Bancroft, in which this building was restored from. Adorned with a half bathroom, full kitchen, and open living room/dining room area. Enjoy the picturesque views of the beautiful river from the comfort of your own living room. Recently replaced windows add for energy efficiency and sound barriers. Up the stairs is the bedroom, with a full bathroom. Situated near the Delaware Art Museum, Trolley Square, and the walking trails and pedestrian bridge to Alapocas Run State Park, slated to reopen soon, enjoy your little slice of paradise here in Wilmington.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,038
Year Built
- Built in 1992
Lot Details
- 18 Feet of Waterfront
- Property is in good condition
HOA Fees
- $352 Monthly HOA Fees
Parking
- Parking Lot
Interior Spaces
- 928 Sq Ft Home
- Property has 2 Levels
- Beamed Ceilings
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- En-Suite Bathroom
- Bathtub with Shower
Laundry
- Laundry on main level
- Washer and Dryer Hookup
Outdoor Features
- Water Oriented
- River Nearby
- Exterior Lighting
Location
- Flood Risk
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 26-002.30-010.C.0002
Community Details
Overview
- Association fees include common area maintenance, management, sewer, snow removal, trash, water
- Low-Rise Condominium
- Bancroft Mills Subdivision
- Property Manager
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 14, 2025
Closed on
Mar 18, 2025
Sold by
Nolan Teresa A
Bought by
Nowicki Robin
Seller's Agent
Tori Henry
Patterson-Schwartz - Greenville
Buyer's Agent
Rachel Papaleo
Patterson-Schwartz-Hockessin
List Price
$259,900
Sold Price
$260,500
Premium/Discount to List
$600
0.23%
Total Days on Market
4
Views
61
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.72%
Original Mortgage
$252,685
Outstanding Balance
$252,685
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$7,458
Purchase Details
Closed on
Feb 28, 2017
Sold by
Reynolds Dorothy and Gamble Dorothy
Bought by
Nolan Teresa A
Purchase Details
Closed on
Aug 21, 2009
Sold by
Taylor Adam
Bought by
Reynolds Dorothy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5.21%
Mortgage Type
Future Advance Clause Open End Mortgage
Map
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $208,400 | None Listed On Document | |
| Deed | -- | None Available | |
| Sheriffs Deed | $185,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $252,685 | New Conventional | |
| Previous Owner | $148,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/18/2025 03/18/25 | Sold | $260,500 | +0.2% | $281 / Sq Ft |
| 02/14/2025 02/14/25 | For Sale | $259,900 | +48.5% | $280 / Sq Ft |
| 03/06/2018 03/06/18 | Sold | $175,000 | -2.8% | $172 / Sq Ft |
| 01/30/2018 01/30/18 | Pending | -- | -- | -- |
| 12/18/2017 12/18/17 | Price Changed | $180,000 | -5.3% | $177 / Sq Ft |
| 11/29/2017 11/29/17 | For Sale | $190,000 | 0.0% | $187 / Sq Ft |
| 06/04/2013 06/04/13 | Rented | $1,125 | 0.0% | -- |
| 05/28/2013 05/28/13 | Under Contract | -- | -- | -- |
| 05/13/2013 05/13/13 | For Rent | $1,125 | 0.0% | -- |
| 03/12/2012 03/12/12 | Rented | $1,125 | -5.9% | -- |
| 02/15/2012 02/15/12 | Under Contract | -- | -- | -- |
| 11/18/2011 11/18/11 | For Rent | $1,195 | -- | -- |
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 |
|---|---|---|---|---|
| 2023 | $1,630 | $60,100 | $9,300 | $50,800 |
| 2022 | $1,637 | $60,100 | $9,300 | $50,800 |
| 2021 | $1,199 | $60,100 | $9,300 | $50,800 |
| 2020 | $1,199 | $60,100 | $9,300 | $50,800 |
| 2019 | $1,199 | $60,100 | $9,300 | $50,800 |
| 2018 | $1,636 | $60,100 | $9,300 | $50,800 |
| 2017 | $1,633 | $60,100 | $9,300 | $50,800 |
| 2016 | $1,548 | $60,100 | $9,300 | $50,800 |
| 2015 | $2,547 | $60,100 | $9,300 | $50,800 |
| 2014 | $2,418 | $60,100 | $9,300 | $50,800 |
Source: Public Records
Source: Bright MLS
MLS Number: DENC2076068
APN: 26-002.30-010.C-0002
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