49 Bancroft Mills Rd Unit P-9 Wilmington, DE 19806
Highlands Neighborhood
2
Beds
2
Baths
1,248
Sq Ft
$458/mo
HOA Fee
Highlights
- 18 Feet of Waterfront
- No Units Above
- Main Floor Bedroom
- Water Oriented
- Wood Flooring
- Beamed Ceilings
About This Home
As of January 2025Brandywine 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
Patterson-Schwartz-Hockessin License #RS-0024970 Listed on: 09/11/2024
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
- 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 Primary Bedroom
- 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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 11, 2024
Closed on
Jan 30, 2025
Sold by
Pakkebier Brandon and Pakkebier Kathleen
Bought by
Coday Alice M
Seller's Agent
Dan Ayars
Patterson-Schwartz-Hockessin
Buyer's Agent
EDWARD BALOG
BHHS Fox & Roach-Greenville
List Price
$400,000
Sold Price
$355,000
Premium/Discount to List
-$45,000
-11.25%
Total Days on Market
124
Views
285
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,629
Avg. Annual Appreciation
-12.75%
Purchase Details
Listed on
Jul 1, 2023
Closed on
Aug 10, 2023
Sold by
Scott Joseph G
Bought by
Pakkebier Brandon and Pakkebier Kathleen
Seller's Agent
Charles Robino
Empower Real Estate, LLC
Buyer's Agent
Mary Norris
Patterson-Schwartz-Hockessin
List Price
$349,900
Sold Price
$365,000
Premium/Discount to List
$15,100
4.32%
Views
106
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.86%
Original Mortgage
$365,000
Interest Rate
7.88%
Mortgage Type
New Conventional
Purchase Details
Listed on
Dec 13, 2015
Closed on
Mar 31, 2016
Sold by
Phoenix Felicia and Piccone Maryann
Bought by
Scott Joseph G
Seller's Agent
Greg Perry
BHHS Fox & Roach-West Chester
Buyer's Agent
Charles Robino
Empower Real Estate, LLC
List Price
$265,000
Sold Price
$265,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.45%
Original Mortgage
$251,750
Interest Rate
3.64%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 30, 2004
Sold by
Ryan Kimberly J
Bought by
Phoenix Felicia and Piccone Maryann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5.37%
Mortgage Type
Unknown
Similar Homes in Wilmington, DE
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $355,000 | None Listed On Document | |
| Deed | -- | None Listed On Document | |
| Deed | $265,000 | Attorney | |
| Deed | $260,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $365,000 | New Conventional | |
| Previous Owner | $251,750 | New Conventional | |
| Previous Owner | $208,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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% | -- |
| 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
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 | $2,322 | $74,400 | $11,200 | $63,200 |
| 2023 | $2,017 | $74,400 | $11,200 | $63,200 |
| 2022 | $2,027 | $74,400 | $11,200 | $63,200 |
| 2021 | $2,024 | $74,400 | $11,200 | $63,200 |
| 2020 | $2,035 | $74,400 | $11,200 | $63,200 |
| 2019 | $3,530 | $74,400 | $11,200 | $63,200 |
| 2018 | $2,026 | $74,400 | $11,200 | $63,200 |
| 2017 | $2,022 | $74,400 | $11,200 | $63,200 |
| 2016 | $1,916 | $74,400 | $11,200 | $63,200 |
| 2015 | $3,153 | $74,400 | $11,200 | $63,200 |
| 2014 | $2,993 | $74,400 | $11,200 | $63,200 |
Source: Public Records
Agents Affiliated with this Home
-
Dan Ayars
Seller's Agent in 2025
Dan Ayars
Patterson Schwartz
(302) 437-4378
1 in this area
10 Total Sales
-
Mary Norris
Seller Co-Listing Agent in 2025
Mary Norris
Patterson Schwartz
(302) 545-5684
3 in this area
25 Total Sales
-
EDWARD BALOG
Buyer's Agent in 2025
EDWARD BALOG
BHHS Fox & Roach
(302) 547-6263
5 in this area
15 Total Sales
-
Charles Robino
Seller's Agent in 2023
Charles Robino
Empower Real Estate, LLC
(302) 545-7700
1 in this area
79 Total Sales
-
Greg Perry
Seller's Agent in 2016
Greg Perry
BHHS Fox & Roach
(717) 940-3240
27 Total Sales
Map
Source: Bright MLS
MLS Number: DENC2068166
APN: 26-002.30-010.C-0040
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