NOT LISTED FOR SALE

49 Bancroft Mills Unit 3J Wilmington, DE 19806

Highlands Neighborhood

Estimated Value: $290,000 - $310,000

1 Bed
1.5 Baths
1,200 Sq Ft
$349/mo HOA Fee

Last Sold August 25, 2021

Last sale price $230,000 $192 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,073/month

Highlights

  • Waterfront
  • Den
  • Living Room
  • Water Oriented
  • Elevator
  • En-Suite Primary Bedroom

About This Home

As of August 2021

Bancroft Mills Condominiums is an historic old mill building repurposed as NYC-style loft condos. A dramatic and one-of-a-kind address. Unique opportunity to own this spacious 1 bedroom, 1 1/2 bath with office/den unit in this former cotton mill overlooking the Brandywine River and Alapocas State Park. The condo conversion created a modern space while highlighting the stunning architectural details present from the days the building housed the cotton textile mill. With high ceilings, exposed beams and walls of windows with spectacular views of the Brandywine and an open floor plan, this move-in ready condo is waiting for its next owner. Kitchen features a newer stainless steel range, hood and refrigerator. Bedroom has an en-suite full bath. The kitchen is open to the great room and has a pass thru to the office/den. There is a large powder room/laundry. The building is located just a short walk to Rockford Park, Delaware Art Museum, Trolley Square and more. Purchase this condo and enjoy all that Wilmington has to offer.

Last Agent to Sell the Property

Chris Cashman

(302) 545-2233 ccashman@psre.com Patterson-Schwartz-Newark License #AB067190 Listed on: 07/30/2021

Patterson-Schwartz-Newark

Last Buyer's Agent

Rob Lawrence

(484) 354-9222 rob@roblawrenceteam.com VRA Realty License #RS341053

VRA Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,314

Year Built

  • Built in 1865

Lot Details

  • Waterfront

HOA Fees

  • $349 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Converted Dwelling
  • Brick Exterior Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • Property has 3 Levels
  • Living Room
  • Den
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • En-Suite Primary Bedroom

Parking

  • On-Street Parking
  • Surface Parking

Outdoor Features

  • Water Oriented
  • River Nearby

Utilities

  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 26002.30010C0029

Community Details

Overview

  • $698 Capital Contribution Fee
  • Association fees include all ground fee, common area maintenance, exterior building maintenance, insurance, reserve funds, snow removal, trash
  • Low-Rise Condominium
  • Bancroft Mills Subdivision

Amenities

  • Elevator

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,314

Year Built

Built in 1865

Lot Details

0

HOA Fees

$349 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Converted Dwelling
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1865
  • Remarks Public: Bancroft Mills Condominiums is an historic old mill building repurposed as NYC-style loft condos. A dramatic and one-of-a-kind address. Unique opportunity to own this spacious 1 bedroom, 1 1/2 bath with office/den unit in this former cotton mill overlooking the Brandywine River and Alapocas State Park. The condo conversion created a modern space while highlighting the stunning architectural details present from the days the building housed the cotton textile mill. With high ceilings, exposed beams and walls of windows with spectacular views of the Brandywine and an open floor plan, this move-in ready condo is waiting for its next owner. Kitchen features a newer stainless steel range, hood and refrigerator. Bedroom has an en-suite full bath. The kitchen is open to the great room and has a pass thru to the office/den. There is a large powder room/laundry. The building is located just a short walk to Rockford Park, Delaware Art Museum, Trolley Square and more. Purchase this condo and enjoy all that Wilmington has to offer.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Levels Count: 3
  • Room List: Living Room, Primary Bedroom, Kitchen, Den
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Price Per Sq Ft: 191.67
  • Above Grade Finished Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 49

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Water Body Name: Brandywine River
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No
  • Water Frontage In Feet: 1

Garage/Parking

  • Garage: No
  • Parking Features: Surface
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 349.00
  • 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, Reserve Funds, Snow Removal, Trash
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 698.00

Schools

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

Lot Info

  • Land Lease: No
  • Zoning: 26C-6
  • In City Limits: Yes

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 2390021
  • Tax Annual Amount: 3314.00
  • Assessor Parcel Number: 26002.30010C0029
  • Tax Year: 2020
  • Close Date: 08/25/2021

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2021
Closed on
Aug 25, 2021
Sold by
Yasik Jonathan C
Bought by
Christopher Ketcham and Christopher Janice Ketcham
Seller's Agent
Chris Cashman
Patterson-Schwartz-Newark
Buyer's Agent
Rob Lawrence
VRA Realty
List Price
$230,000
Sold Price
$230,000
Current Estimated Value
$301,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,358
Avg. Annual Appreciation
6.76%

Purchase Details

Closed on
Aug 3, 2009
Sold by
Todd Kristen
Bought by
Shah Adarsh R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,025
Interest Rate
5.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2003
Sold by
Tavani Elyce
Bought by
Todd Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
6.22%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Christopher Ketcham $230,000 None Available
Shah Adarsh R $196,500 None Available
Todd Kristen $142,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shah Adarsh R $167,025
Previous Owner Todd Kristen $114,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2021 08/25/21 Sold $230,000 0.0% $192 / Sq Ft
07/31/2021 07/31/21 Pending -- -- --
07/30/2021 07/30/21 For Sale $230,000 -- $192 / 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
2023 $1,527 $72,200 $10,900 $61,300
2022 $1,967 $72,200 $10,900 $61,300
2021 $1,964 $72,200 $10,900 $61,300
2020 $1,975 $72,200 $10,900 $61,300
2019 $3,426 $72,200 $10,900 $61,300
2018 $1,526 $72,200 $10,900 $61,300
2017 $3,199 $72,200 $10,900 $61,300
2016 $3,199 $72,200 $10,900 $61,300
2015 $3,060 $72,200 $10,900 $61,300
2014 $2,905 $72,200 $10,900 $61,300
Source: Public Records

Agents Affiliated with this Home

  • Chris Cashman

    Seller's Agent in 2021

    Chris Cashman

    Patterson Schwartz

    (302) 545-2233

    6 in this area

    119 Total Sales

    Chris Cashman
    Section Image
  • Rob Lawrence

    Buyer's Agent in 2021

    Rob Lawrence

    VRA Realty

    (484) 354-9222

    1 in this area

    153 Total Sales

    Rob Lawrence
    Section Image
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Map

Source: Bright MLS

MLS Number: DENC2003344

Bright MLS

APN: 26-002.30-010.C-0029

Delaware New Castle County Wilmington 19806 Highlands

49 Bancroft Mills Unit 3J, Wilmington, DE

This home is located at 49 Bancroft Mills Unit 3J, Wilmington, DE 19806 since 30 July 2021 and is currently estimated at $301,358, approximately $251 per square foot. This property was built in 1865. 49 Bancroft Mills Unit 3J 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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