$175,000
SOLD MAR 6, 2018

49 Bancroft Mills Rd Unit 1B Wilmington, DE 19806

Highlands Neighborhood
1 Bed
1.5 Baths
1,016 Sq Ft
$243/mo HOA Fee

Recently Sold

$172 Per Sq Ft

8% Below List Price

62 Days on Market

Highlights

  • Water Views
  • Breakfast Area or Nook
  • Patio
  • Wood Flooring
  • Beamed Ceilings
  • Living Room

About This Home

As of March 2025

NYC style-loft living on the Brandywine River in the historic Bancroft Mills condominium complex. This 1 bedroom, 1.1 bathroom ground floor unit sits on the private garden level which includes its own front patio and entrance. A historic 18th century textile mill has been restored and re-purposed to create 46 unique condos with riverfront views. Original heavy timber beamed 10 foot ceilings and wood columns remain throughout the unit along with oversized windows providing stunning views of the picturesque Brandywine River and surrounding park land. Features include open floorplan LR/DR, brand new dishwasher fridge and range, powder room, bedroom with en suite bath, abundant closet storage, new HVAC and a stackable washer dryer in the unit. Just a short walk to Rockford Park, Alapocas State Park, Delaware Art Museum, and Trolley Square. Come see this unique gem and enjoy city living at its best.

Last Agent to Sell the Property

Victoria Dickinson

Patterson-Schwartz - Greenville License #R5-210113L Listed on: 11/29/2017

Patterson-Schwartz - Greenville

Co-Listed By

Christine Giacco

Patterson-Schwartz - Greenville License #R3-0018304

Last Buyer's Agent

BELINDA LEE

Patterson-Schwartz-Hockessin License #TREND:60007788

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1856

HOA Fees

  • $243 Monthly HOA Fees

Parking

  • 2 Open Parking Spaces

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Stone Foundation

Interior Spaces

  • 1,016 Sq Ft Home
  • Beamed Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Living Room
  • Wood Flooring
  • Water Views

Kitchen

  • Breakfast Area or Nook
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom
  • 1.5 Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • Property is in good condition

Community Details

  • Association fees include sewer, insurance
  • Bancroft Mills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 26-002.30-010

Property Details

Home Type

Condominium

Year Built

Built in 1856

Lot Details

0

HOA Fees

$243 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Split Level
  • Ownership: Condominium
  • Inclusions: Refrigerator, Washer/Dryer, Window Treatments
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1856
  • Remarks Public: NYC style-loft living on the Brandywine River in the historic Bancroft Mills condominium complex. This 1 bedroom, 1.1 bathroom ground floor unit sits on the private garden level which includes its own front patio and entrance. A historic 18th century textile mill has been restored and re-purposed to create 46 unique condos with riverfront views. Original heavy timber beamed 10 foot ceilings and wood columns remain throughout the unit along with oversized windows providing stunning views of the picturesque Brandywine River and surrounding park land. Features include open floorplan LR/DR, brand new dishwasher fridge and range, powder room, bedroom with en suite bath, abundant closet storage, new HVAC and a stackable washer dryer in the unit. Just a short walk to Rockford Park, Alapocas State Park, Delaware Art Museum, and Trolley Square. Come see this unique gem and enjoy city living at its best.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal
  • Flooring Type: Wood
  • Interior Amenities: Ceiling Fan(s), Exposed Beams, Breakfast Area
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Foyer
  • Foundation Details: Stone
  • Floors In Unit Count: 1
  • Levels Count: Other
  • Room List: Living Room, Primary Bedroom, Kitchen, Laundry
  • Basement: No
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1016
  • Living Area Sq Ft: 1016
  • Net Sq Ft: 1016.00
  • Price Per Sq Ft: 177.17
  • Above Grade Finished Sq Ft: 1016
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 49

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Access To Pool: No
  • Exterior Features: Street Lights
  • View: Water
  • View: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 243.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Sewer, Insurance
  • HOA: No
  • Senior Community: No

Schools

  • School District: RED CLAY CONSOLIDATED
  • School District Key: 300200396545

Lot Info

  • Lot Dimensions: 0 X 0
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Zoning: 26C-6

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2389992
  • Tax Annual Amount: 2762.00
  • Assessor Parcel Number: 26-002.30-010
  • Tax Year: 2017
  • Close Date: 03/06/2018

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

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
62
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
-0.68%
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
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 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
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

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004234715

Bright MLS

APN: 26-002.30-010.C-0002