$369,000
SOLD MAY 27, 2020

49 Bancroft Mills Rd Unit P14 Wilmington, DE 19806

Highlands Neighborhood
2 Beds
2.5 Baths
2,165 Sq Ft
$606/mo HOA Fee

Recently Sold

$170 Per Sq Ft

1 Day on Market

Highlights

  • Penthouse
  • Waterfront
  • Entrance Foyer
  • Water Oriented
  • Living Room
  • En-Suite Primary Bedroom

About This Home

As of September 2024

One of the largest penthouse units in the popular historic building of Bancroft Mills is now available. This 2 bedroom, 2.5 bath unit overlooking the Brandywine River has been renovated top to bottom while incorporating modern day comforts and still maintaining original architectural details like the high wood beam ceilings and brick walls. The living room has large windows which look down on the river below and across to all the wooded area of Alapocas Park. The open floor plan of the kitchen sits between the dining and living rooms making entertaining enjoyable. Cherry cabinets, stainless steel appliances including Sub-Zero refrigerator with wine storage, granite counters, stone back splash and farmhouse sink complete the kitchen. The spacious master bedroom has a fully renovated bath and walk-in closet. Finishing the main floor is the powder room and laundry. There is a second bedroom/family room with another full bath and additional closet space. Floor coverings include bamboo, walnut, travertine, marble and carpet. Bancroft Mills was restored in 1992, is on the National Register of Historic Buildings and has 46 condominium units. Conveniently located to access parks, Trolley Square, downtown Wilmington, shopping and I-95. Care free living in a maintenance free environment make this penthouse unit a special place to call home.

Last Agent to Sell the Property

kevin odle

Long & Foster Real Estate, Inc. License #5006570 Listed on: 04/04/2020

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Jeffrey Preininger

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,439

Year Built

  • Built in 1992

Lot Details

  • Waterfront
  • Property is in good condition

HOA Fees

  • $606 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Penthouse
  • Stone Siding

Interior Spaces

  • 2,165 Sq Ft Home
  • Property has 2 Levels
  • Entrance Foyer
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Water Oriented
  • River Nearby

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Electric Water Heater
  • Municipal Trash

Community Details

  • $1,212 Capital Contribution Fee
  • Association fees include all ground fee, common area maintenance, exterior building maintenance, insurance, parking fee, sewer, snow removal, taxes, water
  • Bancroft Mills Subdivision

Listing and Financial Details

  • Tax Lot 010.C.0045
  • Assessor Parcel Number 26-002.30-010.C.0045

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,439

Year Built

Built in 1992

Lot Details

0

HOA Fees

$606 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Architectural Style: Loft, Unit/Flat
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1992
  • Remarks Public: One of the largest penthouse units in the popular historic building of Bancroft Mills is now available. This 2 bedroom, 2.5 bath unit overlooking the Brandywine River has been renovated top to bottom while incorporating modern day comforts and still maintaining original architectural details like the high wood beam ceilings and brick walls. The living room has large windows which look down on the river below and across to all the wooded area of Alapocas Park. The open floor plan of the kitchen sits between the dining and living rooms making entertaining enjoyable. Cherry cabinets, stainless steel appliances including Sub-Zero refrigerator with wine storage, granite counters, stone back splash and farmhouse sink complete the kitchen. The spacious master bedroom has a fully renovated bath and walk-in closet. Finishing the main floor is the powder room and laundry. There is a second bedroom/family room with another full bath and additional closet space. Floor coverings include bamboo, walnut, travertine, marble and carpet. Bancroft Mills was restored in 1992, is on the National Register of Historic Buildings and has 46 condominium units. Conveniently located to access parks, Trolley Square, downtown Wilmington, shopping and I-95. Care free living in a maintenance free environment make this penthouse unit a special place to call home.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Foyer, Bedroom 1, Bathroom 1, Primary Bathroom
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit, Main Floor
  • Total Sq Ft: 2165
  • Living Area Sq Ft: 2165
  • Price Per Sq Ft: 170.44
  • Above Grade Finished Sq Ft: 2165
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 49

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stone
  • Water Access: No
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 606.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Ext Bldg Maint, Insurance, Parking Fee, Sewer, Snow Removal, Taxes, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 1212.00

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 99600.00
  • Land Assessed Value: 18500.00
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Good
  • Year Assessed: 2019
  • Zoning: 26C-6
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2390037
  • School Tax: 2928.00
  • Tax Annual Amount: 5439.00
  • Assessor Parcel Number: 26-002.30-010.C.0045
  • Tax Lot: 010.C.0045
  • Tax Total Finished Sq Ft: 2165
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 05/27/2020

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

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
$474,861

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%
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 $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

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 $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

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Map

Source: Bright MLS

MLS Number: DENC499064

Bright MLS

APN: 26-002.30-010.C-0045