$355,000
SOLD JAN 30, 2025

49 Bancroft Mills Rd Unit P-9 Wilmington, DE 19806

Highlands Neighborhood
2 Beds
2 Baths
1,248 Sq Ft
$458/mo HOA Fee

Recently Sold

$284 Per Sq Ft

11% Below List Price

124 Days on Market

Highlights

  • 18 Feet of Waterfront
  • No Units Above
  • Main Floor Bedroom
  • Water Oriented
  • Wood Flooring
  • Beamed Ceilings

About This Home

As of January 2025

Brandywine River views are wonderful and just waiting for you! One of the few condos with a bump-out and this uniquely provides up-river views. This home is a charming 2-bedroom, 2-bath condo located in the heart of Wilmington, the home spans across two levels offering ample space and comfort. When you walk through the doors of Bancroft Mills, you are walking through a part of Wilmington's history. The complex is a restoration of an 1831 cotton mill owned by Joseph Bancroft and operated as such for over 130 years. This home is designated as a national historic landmark. The 3rd floor unit (no one above you) is ready for immediate occupancy. You have to see the vaulted ceilings with original and preserved exposed beams and gleaming hardwood floors. There is a large, open living room featuring a bump-out providing spectacular up-river and across-river views of the Brandywine River, beautiful kitchen, 2 bedrooms and 2 baths (one on each floor). Parking is by easement right in the parking lot. New Roof and HVAC in 2021. Even though the home does not need to be painted, the seller has generously offered a $2,000 paint credit to allow a new owner to paint to suit their taste. The seller is also in the process of repairing a minor hole in the bathroom ceiling and installing new entry closet doors. Close to cultural venues for the arts (Delaware Art Museum and Trolley Square). Also, walking/hiking trails abound in Rockford Park and along the Brandywine. Additionally, the Bancroft Pedestrian Bridge in Alapocas Run State Park is slated to re-open in 2025. In-person is the only way to fully appreciate the unique views, character and history of this home.

Owners love the home, but job relocation requires a move.

Last Agent to Sell the Property

Dan Ayars

(302) 437-4378 dayars@psre.com Patterson-Schwartz-Hockessin License #RS-0024970 Listed on: 09/11/2024

Patterson-Schwartz-Hockessin

Co-Listed By

Mary Norris

(302) 234-6020 mary.norris@psre.com Patterson-Schwartz-Hockessin

Last Buyer's Agent

EDWARD BALOG

(302) 547-6263 Ed.Balog@foxroach.com BHHS Fox & Roach-Greenville License #RS208284L

BHHS Fox & Roach-Greenville

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,922

Year Built

  • Built in 1992

Lot Details

  • 18 Feet of Waterfront
  • No Units Above
  • Historic Home
  • Property is in good condition

HOA Fees

  • $458 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,248 Sq Ft Home
  • Property has 2 Levels
  • Beamed Ceilings
  • Skylights
  • Double Hung Windows
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Built-In Range
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 50 Open Parking Spaces
  • 50 Parking Spaces
  • Parking Lot

Outdoor Features

  • Water Oriented
  • River Nearby
  • Exterior Lighting

Location

  • Flood Risk

Schools

  • Highlands Elementary School
  • Alexis I. Du Pont Middle School
  • Alexis I. Dupont High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 26-002.30-010.C.0040

Community Details

Overview

  • $916 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, management, sewer, snow removal, trash, water
  • Low-Rise Condominium
  • Bancroft Mills Subdivision
  • Property Manager

Amenities

  • Elevator

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,922

Year Built

Built in 1992

Lot Details

0

HOA Fees

$458 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Exclusions: For all exclusions, refer to the Inclusions & Exclusions Addendum.
  • Historic: Yes
  • Inclusions: For all inclusions, refer to the Inclusions & Exclusions Addendum. All inclusions AS-IS. Additionally, closet shelving and clothing racks under stairs
  • New Construction: No
  • Story List: Lower 1, Main
  • Federal Flood Zone: Yes
  • Year Built: 1992
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Range, Disposal, Dryer, Refrigerator, Washer, Water Heater
  • Entry Floor: 1
  • Interior Amenities: Entry Level Bedroom, Exposed Beams, Primary Bath(s), Skylight(s), Walk-In Closet(s), Wood Floors
  • Window Features: Double Hung
  • Fireplace: No
  • Common Walls: No One Above
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Living Area Units: Square Feet
  • Total Sq Ft: 1248
  • Living Area Sq Ft: 1248
  • Price Per Sq Ft: 308.49
  • Above Grade Finished Sq Ft: 1248
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco, Wood Siding
  • Exterior Features: Exterior Lighting
  • Spa: No
  • Water Access: No
  • Water Body Name: Brandywine River
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No
  • Water Frontage In Feet: 18

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 50
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 50

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Unknown
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 458.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Sewer, Snow Removal, Trash, Water
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 916.00

Schools

  • School District Source: Listing Agent
  • Elementary School: HIGHLANDS
  • High School: ALEXIS I. DUPONT
  • Middle Or Junior School: ALEXIS I. DU PONT

Lot Info

  • Horses: No
  • Land Lease: No
  • Property Condition: Good
  • Zoning: 26C-6
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 2134.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 3922.00
  • Assessor Parcel Number: 26-002.30-010.C.0040
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/30/2025 01/30/25 Sold $355,000 -7.8% $284 / Sq Ft
01/13/2025 01/13/25 Pending -- -- --
10/17/2024 10/17/24 Price Changed $385,000 -3.8% $308 / Sq Ft
09/11/2024 09/11/24 For Sale $400,000 +9.6% $321 / Sq Ft
08/07/2023 08/07/23 Sold $365,000 +4.3% $292 / Sq Ft View Prior Sale
07/06/2023 07/06/23 Pending -- -- --
07/01/2023 07/01/23 For Sale $349,900 +32.0% $280 / Sq Ft
03/31/2016 03/31/16 Sold $265,000 0.0% -- View Prior Sale
01/09/2016 01/09/16 Pending -- -- --
12/13/2015 12/13/15 For Sale $265,000 0.0% --
02/01/2015 02/01/15 Rented $1,750 -5.4% --
02/01/2015 02/01/15 Under Contract -- -- --
10/28/2014 10/28/14 For Rent $1,850 +5.7% --
05/22/2012 05/22/12 Rented $1,750 -5.4% --
05/21/2012 05/21/12 Under Contract -- -- --
04/27/2012 04/27/12 For Rent $1,850 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DENC2068166

Bright MLS