4942 S Raintree Ct Wilmington, DE 19808
Pike Creek Neighborhood
3
Beds
1.5
Baths
1,453
Sq Ft
$1/mo
HOA Fee
Highlights
- Deck
- Traditional Floor Plan
- Attic
- Linden Hill Elementary School Rated A
- Traditional Architecture
- Balcony
About This Home
As of February 2025FINAL CALL TO SUBMIT OR INCREASE YOUR OFFER!!!
Spacious 3-Story Townhome in Pike Creek’s Pepper Ridge Community
Welcome to 4942 South Raintree Court, a solid and well-maintained townhome in the desirable Pepper Ridge community of Pike Creek, Delaware. This three-story property offers an excellent opportunity for both homeowners and investors, priced $75,000 below market value.
Key features include:
3 Generously Sized Bedrooms: Ample space for relaxation and personalization.
1 Full and 1 Half Bathroom: Functional layout for daily living.
Bright and Airy Living Areas: Including a living room, dining room, and kitchen with a bar.
Outdoor Living: A spacious deck off the dining room, perfect for entertaining or enjoying quiet evenings.
Modernized Systems: Heating and air conditioning system replaced less than two years ago.
Although the home hasn’t seen cosmetic upgrades in over a decade, it’s move-in ready and packed with potential. This property is perfect for those seeking a handyman special or a buyer looking to leverage a 203K renovation loan to customize the space to their taste.
Prime Location:
Less than 1 mile to public transportation and the Pike Creek Shopping Center.
Nearby amenities include Valley Pizza, The Edge Fitness Center, ShopRite, Rite Aid Pharmacy, nail salons, and frozen yogurt shops.
Whether you’re looking for a great investment or a home to make your own, this property offers unbeatable value and a fantastic location. Don’t miss out—schedule your showing today!
Last Agent to Sell the Property
BHHS Fox & Roach-Christiana License #RS-356512 Listed on: 01/31/2025
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,979
Year Built
- Built in 1976
Lot Details
- 2,178 Sq Ft Lot
- Lot Dimensions are 16.00 x 118.00
HOA Fees
- HOA YN
Parking
- 1 Car Attached Garage
- Basement Garage
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Block Foundation
- Asphalt Roof
- Aluminum Siding
- Vinyl Siding
Interior Spaces
- Property has 2 Levels
- Traditional Floor Plan
- Bar
- Ceiling Fan
- Living Room
- Dining Room
- Wall to Wall Carpet
- Basement Fills Entire Space Under The House
- Attic
Kitchen
- Eat-In Kitchen
- Electric Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
- Bathtub with Shower
Laundry
- Laundry on upper level
- Electric Dryer
- Washer
Outdoor Features
- Balcony
- Deck
Schools
- Linden Hill Elementary School
- Skyline Middle School
- John Dickinson High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Oil
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 230
- Assessor Parcel Number 08-036.20-230
Community Details
Overview
- Condo Association YN: No
- Pepper Ridge Subdivision
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 31, 2025
Closed on
Feb 26, 2025
Sold by
Remedio Dominick and Remedio Justen Wayne
Bought by
Richard C Mckay Revocable Trust and Mckay
Seller's Agent
Robyn Roberts
BHHS Fox & Roach-Christiana
Buyer's Agent
Steve Altshuler
Patterson-Schwartz-Newark
List Price
$250,000
Sold Price
$264,500
Premium/Discount to List
$14,500
5.8%
Views
184
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
$1,510
Avg. Annual Appreciation
-2.18%
Purchase Details
Closed on
Aug 29, 2003
Sold by
Millman Richard D and Millman Margaret M
Bought by
Remedio Dominick
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
5.98%
Mortgage Type
Seller Take Back
Similar Homes in Wilmington, DE
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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 | $264,500 | None Listed On Document | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $20,000 | New Conventional | |
| Previous Owner | $20,000 | Credit Line Revolving | |
| Previous Owner | $128,205 | FHA | |
| Previous Owner | $91,400 | Fannie Mae Freddie Mac | |
| Previous Owner | $67,000 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/21/2025 02/21/25 | Sold | $264,500 | +5.8% | $182 / Sq Ft |
| 02/02/2025 02/02/25 | Pending | -- | -- | -- |
| 01/31/2025 01/31/25 | For Sale | $250,000 | -- | $172 / 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 | $2,099 | $56,800 | $9,300 | $47,500 |
| 2023 | $1,851 | $56,800 | $9,300 | $47,500 |
| 2022 | $1,873 | $56,800 | $9,300 | $47,500 |
| 2021 | $1,873 | $56,800 | $9,300 | $47,500 |
| 2020 | $1,879 | $56,800 | $9,300 | $47,500 |
| 2019 | $1,967 | $56,800 | $9,300 | $47,500 |
| 2018 | $1,839 | $56,800 | $9,300 | $47,500 |
| 2017 | $1,817 | $56,800 | $9,300 | $47,500 |
| 2016 | $1,735 | $56,800 | $9,300 | $47,500 |
| 2015 | $1,626 | $56,800 | $9,300 | $47,500 |
| 2014 | $1,504 | $56,800 | $9,300 | $47,500 |
Source: Public Records
Agents Affiliated with this Home
-
Robyn Roberts
Seller's Agent in 2025
Robyn Roberts
BHHS Fox & Roach
(302) 607-1622
3 in this area
105 Total Sales
-
Steve Altshuler
S
Buyer's Agent in 2025
Steve Altshuler
Patterson Schwartz
3 in this area
14 Total Sales
Map
Source: Bright MLS
MLS Number: DENC2074730
APN: 08-036.20-230
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