NOT LISTED FOR SALE

49 Bancroft Mills Rd Unit 3E Wilmington, DE 19806

Highlands Neighborhood

Estimated Value: $255,000 - $273,312

1 Bed
1 Bath
856 Sq Ft
$274/mo HOA Fee

Last Sold June 30, 2023

Last sale price $235,000 $275 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,870/month

1 Day on Market

Highlights

  • River View
  • Wood Flooring
  • Beamed Ceilings
  • Stream or River on Lot
  • Main Floor Bedroom
  • Elevator

About This Home

As of June 2023

Located in the historic Bancroft Mills building, which was expanded in 1895 and converted in 1992 into unique and architecturally impressive condos, this cute 1 bedroom, 1 bathroom unit has lots of natural light and spans two floors. With a secure, private entrance to the building, dramatic views of the Brandywine River, and conveniently located near Rockford Park, the Delaware Art Museum, Trolley Square, area restaurants and shopping, Bancroft Mills is a special place to call home. From the foyer, you can easily access the bedroom and bathroom. Head downstairs to the main living level — it is here that you’ll be impressed by the rustic beams and exposed wood ceiling, plus views of the river. The living room is open to the dining room and kitchen. In addition to the kitchen offering an efficient layout, it also has a pantry and a stacked washer/dryer offering storage and in-unit laundry. If you are looking for a 1 bedroom condo with river views, in a unique building and convenient location, you’ve found it! Condo fee includes common area maintenance, exterior building maintenance, management, snow removal, trash, recycling, water and sewer. Buyer to pay capital contribution fee at closing, which is equal to 2x condo fee.

Last Agent to Sell the Property

Kyle McKean

Long & Foster Real Estate, Inc. License #RS362679 Listed on: 05/31/2023

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Robert 'Bob' Blackhurst

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,783

Year Built

  • Built in 1895 | Remodeled in 1992

HOA Fees

  • $274 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Masonry

Interior Spaces

  • 856 Sq Ft Home
  • Property has 2 Levels
  • Beamed Ceilings
  • Entrance Foyer
  • Living Room
  • Dining Room
  • River Views

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry on lower level
  • Stacked Washer and Dryer

Parking

  • Parking Lot
  • Unassigned Parking

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater

Additional Features

  • Stream or River on Lot
  • Two or More Common Walls

Listing and Financial Details

  • Tax Lot 010.C.0024
  • Assessor Parcel Number 26-002.30-010.C.0024

Community Details

Overview

  • $548 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, snow removal, trash, water, sewer, insurance, all ground fee, alarm system, management
  • Low-Rise Condominium
  • Bancroft Mills Community
  • Bancroft Mills Subdivision

Amenities

  • Common Area
  • Elevator

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,783

Year Built

Built in 1895 | Remodeled in 1992

Lot Details

0

HOA Fees

$274 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat, Loft
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-05-31
  • Year Built: 1895
  • Year Renovated: 1992
  • Automatically Close On Close Date: No
  • Remarks Public: Located in the historic Bancroft Mills building, which was expanded in 1895 and converted in 1992 into unique and architecturally impressive condos, this cute 1 bedroom, 1 bathroom unit has lots of natural light and spans two floors. With a secure, private entrance to the building, dramatic views of the Brandywine River, and conveniently located near Rockford Park, the Delaware Art Museum, Trolley Square, area restaurants and shopping, Bancroft Mills is a special place to call home. From the foyer, you can easily access the bedroom and bathroom. Head downstairs to the main living level — it is here that you’ll be impressed by the rustic beams and exposed wood ceiling, plus views of the river. The living room is open to the dining room and kitchen. In addition to the kitchen offering an efficient layout, it also has a pantry and a stacked washer/dryer offering storage and in-unit laundry. If you are looking for a 1 bedroom condo with river views, in a unique building and convenient location, you’ve found it! Condo fee includes common area maintenance, exterior building maintenance, management, snow removal, trash, recycling, water and sewer. Buyer to pay capital contribution fee at closing, which is equal to 2x condo fee.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 3
  • Flooring Type: Hardwood, Ceramic Tile, Carpet
  • Interior Amenities: Exposed Beams, Carpet, Entry Level Bedroom, Pantry, Walk-In Closet(s), Wood Floors
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Kitchen, Foyer, Bedroom 1, Bathroom 1
  • Basement: No
  • Laundry Type: Lower Floor
  • Total Sq Ft: 856
  • Living Area Sq Ft: 856
  • Price Per Sq Ft: 274.53
  • 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: Brick, Masonry
  • View: River
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 274.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Snow Removal, Trash, Water, Sewer, Insurance, All Ground Fee, Alarm System, Management
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 548.00

Schools

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

Lot Info

  • Improvement Assessed Value: 48500.00
  • Land Assessed Value: 9000.00
  • Zoning: 26C-6
  • In City Limits: Yes

Rental Info

  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2390016
  • School Tax: 1421.40
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 2782.60
  • Assessor Parcel Number: 26-002.30-010.C.0024
  • Tax Lot: 010.C.0024
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/30/2023

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2004
Sold by
Coon Bruce Palmer
Bought by
Fisher Vicki K
Current Estimated Value
$263,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,400
Outstanding Balance
$77,750
Interest Rate
6.01%
Mortgage Type
Unknown
Estimated Equity
$177,162
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 Buyer Sale Price Title Company
Fisher Vicki K $188,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fisher Vicki K $150,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $235,000 0.0% $275 / Sq Ft
06/02/2023 06/02/23 Pending -- -- --
05/31/2023 05/31/23 For Sale $235,000 0.0% $275 / Sq Ft
03/22/2021 03/22/21 Rented $1,200 0.0% --
03/08/2021 03/08/21 Under Contract -- -- --
03/08/2021 03/08/21 For Rent $1,200 -- --
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 $1,559 $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 $2,728 $57,500 $9,000 $48,500
2018 $1,566 $57,500 $9,000 $48,500
2017 $1,563 $57,500 $9,000 $48,500
2016 $1,481 $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: DENC2043478

Bright MLS

APN: 26-002.30-010.C-0024