49 Bancroft Mills Rd Unit P14 Wilmington, DE 19806
Highlands Neighborhood
2
Beds
2.5
Baths
2,165
Sq Ft
$556/mo
HOA Fee
Highlights
- Water Oriented
- Waterfront
- Stream or River on Lot
- River View
- Open Floorplan
- Wood Flooring
About This Home
As of September 2024Amazing opportunity to own one of the largest 2 bedroom models in the popular historic building of Bancroft Mills. From the moment you walk through the door it is clear a lot of thought went into renovating this penthouse unit overlooking the Brandywine River to create a modern space while highlighting the stunning architectural details still present from the days the building served as a nineteenth century cotton textile mill. A large living room, kitchen, and formal dining room are all open to one another and have high wood beam ceilings and light flooding through the sky lights. Beautiful views of the Brandywine River from the living room. Custom kitchen includes cherry cabinets, stainless appliances including Sub-Zero refrigerator with wine storage, granite countertops, farmhouse sink, and stone backsplash. Master bedroom features newly renovated private full bath and walk-in closet. There is a second bedroom with full bath and huge closet for additional storage. Barn doors allow easy access to closets and enhance the overall design of the property. The floors are covered in bamboo, walnut, travertine, marble and wall to wall carpet. In 1984 Bancroft Mills earned the designation on the National Register of Historic Buildings and in 1992 was restored and adapted to house 46 condominium units. Situated on the banks of the Brandywine River and steps away from Rockford Park the idyllic setting makes it hard to believe you are located within the City of Wilmington with easy access to the conveniences of city life.
Property Details
Home Type
- Condominium
Year Built
- Built in 1992
Lot Details
- Waterfront
- Historic Home
- Property is in good condition
HOA Fees
- $556 Monthly HOA Fees
Parking
- Parking Lot
Home Design
- Brick Exterior Construction
Interior Spaces
- 2,165 Sq Ft Home
- Property has 2 Levels
- Open Floorplan
- Beamed Ceilings
- Entrance Foyer
- Living Room
- Formal Dining Room
- River Views
Kitchen
- Electric Oven or Range
- Built-In Range
- Range Hood
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Wine Rack
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Walk-In Closet
Laundry
- Laundry on upper level
- Stacked Washer and Dryer
Outdoor Features
- Water Oriented
- River Nearby
- Stream or River on Lot
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
- Municipal Trash
Listing and Financial Details
- Tax Lot 010.C.0045
- Assessor Parcel Number 26-002.30-010.C.0045
Community Details
Overview
- $1,112 Capital Contribution Fee
- Association fees include all ground fee, common area maintenance, exterior building maintenance, parking fee, sewer, water, trash, snow removal, insurance
- Low-Rise Condominium
- Bancroft Mills Subdivision
Amenities
- Elevator
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 13, 2024
Closed on
Sep 12, 2024
Sold by
Kauffmann Travis C
Bought by
Corn Cheryl L
Seller's Agent
Jeffrey Preininger
Long & Foster Real Estate, Inc.
Buyer's Agent
Kate Bianchino
Patterson-Schwartz - Greenville
List Price
$495,000
Sold Price
$480,000
Premium/Discount to List
-$15,000
-3.03%
Views
240
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
-$5,139
Avg. Annual Appreciation
-1.06%
Original Mortgage
$384,000
Outstanding Balance
$381,511
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$94,200
Purchase Details
Listed on
Apr 4, 2020
Closed on
May 27, 2020
Sold by
Wright Christopher B and Wright Lori M
Bought by
Kauffmann Travis C
Seller's Agent
kevin odle
Long & Foster Real Estate, Inc.
Buyer's Agent
Jeffrey Preininger
Long & Foster Real Estate, Inc.
List Price
$369,000
Sold Price
$369,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%
Purchase Details
Closed on
Jan 9, 2015
Bought by
Hershman Douglas M and Hershman Deborah S
Purchase Details
Closed on
Mar 4, 2011
Sold by
Meyer John M and Johnson Joseph F
Bought by
King Brian Douglas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
4.76%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 15, 2007
Sold by
Messer Thomas J and Messer Charissa L
Bought by
Meyer John M and Johnson Joseph F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.41%
Mortgage Type
Unknown
Purchase Details
Closed on
Jan 15, 2003
Sold by
Narwold Christopher D and Narwold Karen G
Bought by
Messer Thomas J and Messer Charrissa L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.11%
Purchase Details
Closed on
Aug 28, 2002
Sold by
Lubin Andrew M and Lubin Sarah S
Bought by
Narwold Christopher D and Narwold Karen G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.39%
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 | $480,000 | None Listed On Document | |
| Deed | -- | None Available | |
| Deed | -- | -- | |
| Deed | $310,000 | None Available | |
| Deed | $372,500 | None Available | |
| Deed | $240,000 | Transnation Title Ins Co | |
| Deed | $215,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $384,000 | New Conventional | |
| Previous Owner | $279,000 | New Conventional | |
| Previous Owner | $270,000 | Unknown | |
| Previous Owner | $25,000 | Credit Line Revolving | |
| Previous Owner | $76,400 | Stand Alone Second | |
| Previous Owner | $256,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $64,000 | Credit Line Revolving | |
| Previous Owner | $228,000 | No Value Available | |
| Previous Owner | $172,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/30/2024 09/30/24 | Sold | $480,000 | 0.0% | $222 / Sq Ft |
| 08/13/2024 08/13/24 | Pending | -- | -- | -- |
| 07/08/2024 07/08/24 | Price Changed | $479,900 | -3.1% | $222 / Sq Ft |
| 06/13/2024 06/13/24 | For Sale | $495,000 | +34.1% | $229 / Sq Ft |
| 05/27/2020 05/27/20 | Sold | $369,000 | 0.0% | $170 / Sq Ft |
| 04/05/2020 04/05/20 | Pending | -- | -- | -- |
| 04/04/2020 04/04/20 | For Sale | $369,000 | +6.6% | $170 / Sq Ft |
| 05/31/2019 05/31/19 | Sold | $346,000 | +1.8% | $160 / Sq Ft |
| 03/08/2019 03/08/19 | Pending | -- | -- | -- |
| 03/06/2019 03/06/19 | For Sale | $339,900 | -- | $157 / Sq Ft |
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 | $3,685 | $118,100 | $18,500 | $99,600 |
| 2023 | $3,203 | $118,100 | $18,500 | $99,600 |
| 2022 | $3,217 | $118,100 | $18,500 | $99,600 |
| 2021 | $3,230 | $118,100 | $18,500 | $99,600 |
| 2020 | $3,230 | $118,100 | $18,500 | $99,600 |
| 2019 | $5,604 | $118,100 | $18,500 | $99,600 |
| 2018 | $822 | $118,100 | $18,500 | $99,600 |
| 2017 | $5,233 | $118,100 | $18,500 | $99,600 |
| 2016 | $5,233 | $118,100 | $18,500 | $99,600 |
| 2015 | $5,005 | $118,100 | $18,500 | $99,600 |
| 2014 | $4,751 | $118,100 | $18,500 | $99,600 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2024
Jeffrey Preininger
Long & Foster
-
K
Buyer's Agent in 2024
Kate Bianchino
Patterson Schwartz
-
k
Seller's Agent in 2020
kevin odle
Long & Foster
-
S
Seller's Agent in 2019
Stephen Mottola
Compass
Map
Source: Bright MLS
MLS Number: DENC417198
APN: 26-002.30-010.C-0045
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