$241,000
SOLD FEB 28, 2022

49 Bancroft Mills Rd Unit 3 H Wilmington, DE 19806

Highlands Neighborhood
1 Bed
1 Bath
856 Sq Ft
$249/mo HOA Fee

Recently Sold

$282 Per Sq Ft

4% Below List Price

21 Days on Market

Highlights

  • 25 Feet of Waterfront
  • River View
  • Beamed Ceilings
  • Water Oriented
  • Main Floor Bedroom
  • Stainless Steel Appliances

About This Home

As of February 2022

Spectacular waterfront views of the Brandywine River from every window in this one bedroom, one bath hideaway located in the historic Bancroft Mills, a converted 19th century mill. This securely-accessed condominium offers lock-and-leave living in a prime, yet private, location. Stunning architectural details of this two story condo include dramatic 10’ exposed wood ceilings and beams and oversized windows with deep sills flooding the unit with natural light. Enter into the upper level foyer, off of which you’ll find the master bedroom with walk-in closet and en-suite bathroom. Follow the half-turn staircase down to the airy main level consisting of an open living/dining room with a pass through breakfast bar. The kitchen features granite countertops and stainless appliances. The adjacent pantry offers additional storage and a stacked washer/dryer. Updates include the granite counters, new HVAC and a fully renovated bathroom.

Bancroft Mills offers a fabulous location within walking distance to Rockford Park, Trolley Square, Alapocas Run State Park, and the Delaware Art Museum. Dining, shopping, biking or hiking- it is all right outside your door!

Monthly association fee of $249 includes water, trash, common area and exterior building maintenance and snow removal.

Last Agent to Sell the Property

Carol Mongan

Compass License #R3-0020661 Listed on: 01/07/2022

Compass

Last Buyer's Agent

Linda Felicetti

Patterson-Schwartz-Hockessin License #RA-0002257

Patterson-Schwartz-Hockessin

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,631

Year Built

  • Built in 1992

Lot Details

  • 25 Feet of Waterfront
  • Sprinkler System
  • Historic Home

HOA Fees

  • $249 Monthly HOA Fees

Parking

  • Parking Lot

Property Views

  • River
  • Park or Greenbelt

Home Design

  • Converted Dwelling
  • Stone Siding

Interior Spaces

  • 856 Sq Ft Home
  • Property has 2 Levels
  • Beamed Ceilings
  • Combination Dining and Living Room
  • Carpet
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Water Oriented
  • River Nearby

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Public Septic

Listing and Financial Details

  • Tax Lot 010.C.0027
  • Assessor Parcel Number 26-002.30-010.C.0027

Community Details

Overview

  • $498 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, snow removal, trash, water
  • Low-Rise Condominium
  • Bancroft Mills Subdivision

Pet Policy

  • Pets Allowed

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,631

Year Built

Built in 1992

Lot Details

0

HOA Fees

$249 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Converted Dwelling
  • Ownership: Condominium
  • Historic: Yes
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1992
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Icemaker, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer/Dryer Stacked
  • Entry Floor: 3
  • Flooring Type: Carpet
  • Interior Amenities: Carpet, Combination Dining/Living, Elevator, Entry Level Bedroom, Exposed Beams, Pantry, Sprinkler System
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Kitchen
  • Basement: No
  • Total Sq Ft: 856
  • Living Area Sq Ft: 856
  • Price Per Sq Ft: 291.94
  • Above Grade Finished Sq Ft: 856
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 49

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stone
  • View: River, Park/Greenbelt
  • Water Access: No
  • Water Body Name: Brandywine River
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 25

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Monthly Average Electric: 70
  • Previous Twelve Months Electric Expense: 840.00
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 249.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 498.00

Schools

  • School District: RED CLAY CONSOLIDATED
  • School District Key: 300200396545
  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2021
  • Zoning: 26C-6
  • In City Limits: Yes

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 1419.00
  • Tax Annual Amount: 2631.00
  • Assessor Parcel Number: 26-002.30-010.C.0027
  • Tax Lot: 010.C.0027
  • Tax Total Finished Sq Ft: 856
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 02/28/2022

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2014
Closed on
Dec 5, 2014
Sold by
Golt Brenda G
Bought by
Overbrook Properties Inc
Seller's Agent
Michele Vella
RE/MAX Associates-Wilmington
Buyer's Agent
Nancy Coning
BHHS Fox & Roach-Greenville
List Price
$129,900
Sold Price
$125,000
Premium/Discount to List
-$4,900
-3.77%
Current Estimated Value
$265,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,486
Avg. Annual Appreciation
7.30%

Purchase Details

Closed on
May 4, 2012
Sold by
Golt Lauren
Bought by
Golt Brenda G
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 $125,000 None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $192,800 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $241,000 -3.6% $282 / Sq Ft
01/28/2022 01/28/22 Pending -- -- --
01/07/2022 01/07/22 For Sale $249,900 +99.9% $292 / Sq Ft
12/05/2014 12/05/14 Sold $125,000 -3.8% $146 / Sq Ft
11/15/2014 11/15/14 Pending -- -- --
10/17/2014 10/17/14 For Sale $129,900 -- $152 / Sq Ft
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 $1,794 $57,500 $9,000 $48,500
2023 $1,559 $57,500 $9,000 $48,500
2022 $1,566 $57,500 $9,000 $48,500
2021 $1,564 $57,500 $9,000 $48,500
2020 $1,573 $57,500 $9,000 $48,500
2019 $1,147 $57,500 $9,000 $48,500
2018 $261 $57,500 $9,000 $48,500
2017 $2,548 $57,500 $9,000 $48,500
2016 $2,548 $57,500 $9,000 $48,500
2015 $2,437 $57,500 $9,000 $48,500
2014 $2,313 $57,500 $9,000 $48,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2014252

Bright MLS

APN: 26-002.30-010.C-0027