Seller's Agent in 2022
Anne Menaquale
RE/MAX
(302) 530-8758
2 in this area
51 Total Sales
5 Latimer Dr Wilmington, DE 19805
Ashley NeighborhoodEstimated Value: $301,740 - $370,000
4
Beds
1.5
Baths
1,525
Sq Ft
$215/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Wood Flooring
- No HOA
- Traditional Floor Plan
- Solarium
- Formal Dining Room
About This Home
As of July 2022Welcome home to 5 Latimer Place - located off Maryland Avenue but outside of the City of Wilmington limits. Schooling options range from the much sought after Red Clay Consolidated School District and a private school is within walking distance. This home needs a little bit of love and some cosmetic work to bring it back to its old glory. There are hardwood floors throughout most of the home and the kitchen and breakfast area have new ceramic flooring. The lot is mostly fenced, has a storage shed and gives a bit of privacy to the rear enclosed porch. The unfinished basement has an outside access and loads of storage area. Most of the windows have been replaced with energy efficient ones and there is even a brick wood burning fireplace. If you're ready for a little sweat equity this may just be the perfect home for you. Home is being sold AS IS to settle an estate.
Last Agent to Sell the Property
(302) 530-8758 annemenaquale@gmail.com RE/MAX Associates - Newark License #4009136 Listed on: 05/12/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,804
Year Built
- Built in 1941
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 60.00 x 100.00
- Property is in below average condition
- Property is zoned NC5
Parking
- 1 Car Direct Access Garage
- 2 Driveway Spaces
- On-Street Parking
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Block Foundation
- Shingle Roof
Interior Spaces
- 1,525 Sq Ft Home
- Property has 2 Levels
- Traditional Floor Plan
- Wood Burning Fireplace
- Insulated Windows
- Bay Window
- Living Room
- Formal Dining Room
- Solarium
- Unfinished Basement
- Exterior Basement Entry
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry on lower level
- Washer
- Gas Dryer
Outdoor Features
- Shed
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Latimer Estates Subdivision
Listing and Financial Details
- Tax Lot 213
- Assessor Parcel Number 07-039.40-213
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 12, 2022
Closed on
Jul 2, 2022
Sold by
Christopher Colon
Bought by
Sultan Abiola N
Seller's Agent
Anne Menaquale
RE/MAX Associates - Newark
Buyer's Agent
Debbie Gawel
BHHS Fox & Roach-Christiana
List Price
$238,000
Sold Price
$240,000
Premium/Discount to List
$2,000
0.84%
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
$87,435
Avg. Annual Appreciation
10.00%
Original Mortgage
$235,653
Outstanding Balance
$224,197
Interest Rate
5.09%
Mortgage Type
FHA
Estimated Equity
$103,238
Create a Home Valuation Report for This Property
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sultan Abiola N | $240,000 | Longo & Associates Llp |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sultan Abiola N | $235,653 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/01/2022 07/01/22 | Sold | $240,000 | +0.8% | $157 / Sq Ft |
| 06/30/2022 06/30/22 | Price Changed | $238,000 | 0.0% | $156 / Sq Ft |
| 05/30/2022 05/30/22 | Pending | -- | -- | -- |
| 05/12/2022 05/12/22 | For Sale | $238,000 | -- | $156 / 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 | $2,075 | $54,700 | $10,100 | $44,600 |
| 2023 | $1,837 | $54,700 | $10,100 | $44,600 |
| 2022 | $1,849 | $54,700 | $10,100 | $44,600 |
| 2021 | $11,498 | $54,700 | $10,100 | $44,600 |
| 2020 | $8,787 | $54,700 | $10,100 | $44,600 |
| 2019 | $2,106 | $54,700 | $10,100 | $44,600 |
| 2018 | $57 | $54,700 | $10,100 | $44,600 |
| 2017 | -- | $54,700 | $10,100 | $44,600 |
| 2016 | -- | $54,700 | $10,100 | $44,600 |
| 2015 | -- | $54,700 | $10,100 | $44,600 |
| 2014 | -- | $54,700 | $10,100 | $44,600 |
Source: Public Records
Agents Affiliated with this Home
-
Anne Menaquale
-
Debbie Gawel
Buyer's Agent in 2022
Debbie Gawel
BHHS Fox & Roach
(302) 388-9163
2 in this area
72 Total Sales
Map
Source: Bright MLS
MLS Number: DENC2023540
APN: 07-039.40-213
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