$250,000
SOLD NOV 1, 2019

49 Bancroft Mills Rd Unit P8 Wilmington, DE 19806

Highlands Neighborhood
2 Beds
2 Baths
1,307 Sq Ft
$342/mo HOA Fee

Recently Sold

$191 Per Sq Ft

54 Days on Market

Highlights

  • Water Oriented
  • Waterfront
  • Contemporary Architecture
  • River View
  • Open Floorplan
  • Main Floor Bedroom

About This Home

As of November 2019

Beautiful condominium located on the banks of 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. Stunning views of the river and the changing seasons of Brandywine Park. Located within walking distance of the Delaware Greenways path, Rockford Park and Delaware Art Museum. Features of this unit include stunning vaulted ceilings with skylights, private entry level bedroom with full bath. Beautiful living room/dining room combination; large master suite with, full bath, high ceilings plus loads of natural light throughout! The building has recently undergone a major renovation/assessment and the seller has paid all costs of the assessment. Condo fee covers common area maintenance, Master Policy and Flood insurance, water, sewer, trash and snow removal.

Last Agent to Sell the Property

Jan Patrick

Compass License #RS-0009488 Listed on: 07/18/2019

Compass

Last Buyer's Agent

Jeff Derp

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,530

Year Built

  • Built in 1992

Lot Details

  • Waterfront
  • Sprinkler System
  • Property is in good condition

HOA Fees

  • $342 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Converted Dwelling
  • Brick Exterior Construction

Interior Spaces

  • 1,307 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • Beamed Ceilings
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Living Room
  • Dining Room
  • River Views
  • Stacked Washer and Dryer

Kitchen

  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Bathtub with Shower

Parking

  • Parking Lot
  • Unassigned Parking

Outdoor Features

  • Water Oriented
  • River Nearby
  • Exterior Lighting

Additional Features

  • Flood Risk
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2600230010C0039

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, sewer, snow removal, trash, water
  • $684 Other One-Time Fees
  • Low-Rise Condominium
  • Bancroft Mills Subdivision

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,530

Year Built

Built in 1992

Lot Details

0

HOA Fees

$342 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary, Converted Dwelling
  • Ownership: Condominium
  • Exclusions: Personal property
  • Home Warranty: No
  • Inclusions: Washer/Dryer, Refrigerator
  • New Construction: No
  • Story List: Lower 1, Main
  • Federal Flood Zone: Yes
  • Year Built: 1992
  • Remarks Public: Beautiful condominium located on the banks of 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. Stunning views of the river and the changing seasons of Brandywine Park. Located within walking distance of the Delaware Greenways path, Rockford Park and Delaware Art Museum. Features of this unit include stunning vaulted ceilings with skylights, private entry level bedroom with full bath. Beautiful living room/dining room combination; large master suite with, full bath, high ceilings plus loads of natural light throughout! The building has recently undergone a major renovation/assessment and the seller has paid all costs of the assessment. Condo fee covers common area maintenance, Master Policy and Flood insurance, water, sewer, trash and snow removal.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Refrigerator, Stainless Steel Appliances, Washer/Dryer Stacked
  • Interior Amenities: Built-Ins, Ceiling Fan(s), Entry Level Bedroom, Exposed Beams, Floor Plan - Open, Primary Bath(s), Pantry, Recessed Lighting, Skylight(s), Sprinkler System, Tub Shower
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Bedroom 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1307
  • Living Area Sq Ft: 1307
  • Price Per Sq Ft: 191.20
  • Above Grade Finished Sq Ft: 1307
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 49

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 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
  • Lower Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 342.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Other Fees: 684.00
  • Other Fees Frequency: One Time

Schools

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

Lot Info

  • Improvement Assessed Value: 64600.00
  • Land Assessed Value: 11800.00
  • Land Lease: No
  • Lot Size Units: Square Feet
  • Property Condition: Good
  • Zoning: 26C-6
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2390031
  • School Tax: 1880.00
  • Tax Annual Amount: 3530.00
  • Assessor Parcel Number: 2600230010C0039
  • Tax Year: 2018
  • Close Date: 11/01/2019

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

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
$339,959

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
4.99%
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

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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 $264,000 None Listed On Document
Deed -- None Available
Deed -- None Available
Deed $220,000 None Available
Deed $206,900 --
Deed $170,000 --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $242,500 New Conventional
Previous Owner $170,000 Unknown
Previous Owner $195,000 Fannie Mae Freddie Mac
Previous Owner $165,500 Unknown
Previous Owner $153,000 No Value Available
Previous Owner $105,000 No Value Available
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
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 $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

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Map

Source: Bright MLS

MLS Number: DENC483534

Bright MLS

APN: 26-002.30-010.C-0039