NOT LISTED FOR SALE

49 Bancroft Mills Rd Unit P8 Wilmington, DE 19806

Highlands Neighborhood

Estimated Value: $325,396 - $350,000

2 Beds
2 Baths
1,307 Sq Ft
$261/Sq Ft Est. Value

Last Sold November 01, 2019

Last sale price $250,000 $191 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,097/month

About This Home

As of November 2019

Stunning 2 bedroom, 2 bath Penthouse condominium located on the Brandywine River in a repurposed mill building combining charm and history. Elements of the original cotton mill building are evident throughout adding to its character. Walk into the first floor entry with a private en-suite bedroom and laundry. Upstairs to the main living area features an open floor plan, large living and dining room, 19 inch vaulted ceilings, skylights, beautiful wood beams and beautiful views of the river and Brandywine Park. The large master bedroom has an en-suite bathroom and vaulted ceiling. The penthouse has lots of natural light. Conveniently located and walking distance of the Delaware Greenways path, Rockford Park and Delaware Art Museum. Furnished option is available for $2,300 a month. AVAILABLE 9/1/2021. Tenant responsible for electric and cable.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2025
Sold by
Mcnamara Scott W
Bought by
Walker Kaley
Current Estimated Value
$340,799

Purchase Details

Listed on
Jul 18, 2019
Closed on
Nov 1, 2019
Sold by
Mitchell Elliot A
Bought by
Mcnamara Scott W
Seller's Agent
Jan Patrick
Compass
Buyer's Agent
Jeff Derp
Long & Foster Real Estate, Inc.
List Price
$249,900
Sold Price
$250,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.10%
Original Mortgage
$242,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2017
Sold by
Mitchell Elliot
Bought by
Elliot A Mitchell Revocable Trust

Purchase Details

Closed on
Mar 16, 2009
Sold by
Schaedler Matthew J
Bought by
Mitchell Elliot

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.14%
Mortgage Type
Unknown

Purchase Details

Closed on
May 21, 2004
Sold by
Pontius Jennifer L and Astle Jennifer P
Bought by
Schaedler Matthew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,500
Interest Rate
5.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 25, 2002
Sold by
Kaufman Suzanne and Wysham Suzanne
Bought by
Pontius Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
5%

Purchase Details

Closed on
Sep 25, 2001
Sold by
Wysham Stephen K and Wysham Suzanne G
Bought by
Wysham Suzanne G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.91%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Walker Kaley $264,000 None Listed On Document
Mcnamara Scott W -- None Available
Elliot A Mitchell Revocable Trust -- None Available
Mitchell Elliot $220,000 None Available
Schaedler Matthew J $206,900 --
Pontius Jennifer L $170,000 --
Wysham Suzanne G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcnamara Scott W $242,500
Previous Owner Mitchell Elliot $170,000
Previous Owner Schaedler Matthew J $195,000
Previous Owner Schaedler Matthew J $165,500
Previous Owner Pontius Jennifer L $153,000
Previous Owner Wysham Suzanne G $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2021 09/01/21 Rented $1,900 -2.6% --
07/15/2021 07/15/21 For Rent $1,950 0.0% --
11/01/2019 11/01/19 Sold $250,000 0.0% $191 / Sq Ft
09/10/2019 09/10/19 Pending -- -- --
07/18/2019 07/18/19 For Sale $249,900 -- $191 / Sq Ft

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 $2,384 $76,400 $11,800 $64,600
2023 $2,072 $76,400 $11,800 $64,600
2022 $2,081 $76,400 $11,800 $64,600
2021 $2,078 $76,400 $11,800 $64,600
2020 $2,090 $76,400 $11,800 $64,600
2019 $3,625 $76,400 $11,800 $64,600
2018 $5,355 $76,400 $11,800 $64,600
2017 $3,385 $76,400 $11,800 $64,600
2016 $3,385 $76,400 $11,800 $64,600
2015 $3,238 $76,400 $11,800 $64,600
2014 $3,073 $76,400 $11,800 $64,600
Source: Public Records

Agents Affiliated with this Home

  • Megan Staats

    Seller's Agent in 2021

    Megan Staats

    Compass

    (302) 478-5555

    7 Total Sales

    Megan Staats
    Section Image
  • Toni Beltz

    Buyer's Agent in 2021

    Toni Beltz

    BHHS Fox & Roach

    (609) 706-1252

    2 in this area

    90 Total Sales

    Toni Beltz
    Section Image
  • Jan Patrick

    Seller's Agent in 2019

    Jan Patrick

    Compass

    (302) 757-4010

    2 in this area

    261 Total Sales

    Jan Patrick
    Section Image
  • Jeff Derp

    Buyer's Agent in 2019

    Jeff Derp

    Long & Foster

    (302) 562-0942

    8 in this area

    100 Total Sales

    Jeff Derp
    Section Image
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Map

Delaware New Castle County Wilmington 19806 Highlands

49 Bancroft Mills Rd Unit P8, Wilmington, DE

This home is located at 49 Bancroft Mills Rd Unit P8, Wilmington, DE 19806 and is currently estimated at $340,799, approximately $260 per square foot. 49 Bancroft Mills Rd Unit P8 is a home located in New Castle County with nearby schools including Joseph E. Johnson Elementary School, Alexis I. du Pont Middle School, and Alexis I. du Pont High School.

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