NOT LISTED FOR SALE

5 Lynam St Wilmington, DE 19804

Estimated Value: $294,000 - $323,000

3 Beds
1 Bath
1,625 Sq Ft
$192/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $127,000 $78 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $1,831/month

19 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Shed
  • Wood Flooring
  • Living Room
  • En-Suite Primary Bedroom

About This Home

As of August 2018

A true diamond in the rough. Great location. Bring your imagination and roll up your sleeves. All brick Cape with loads of potential. **Home is being sold to settle an Estate. Home to be purchased in it's current "as is" condition. Sellers will not make any repairs. Any inspections will be performed at Buyers expense and will be for Buyers information Only**

Last Agent to Sell the Property

SHARON WHITE

Patterson-Schwartz - Greenville Listed on: 07/13/2018

Patterson-Schwartz - Greenville

Last Buyer's Agent

Stephen Mottola

Compass License #R3-0010595

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x128
  • Level Lot
  • Property is in below average condition
  • Property is zoned 20R-1

Parking

  • 2 Open Parking Spaces

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,625 Sq Ft Home
  • Property has 1.5 Levels
  • Living Room
  • Dining Room

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Shed

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Hot Water Heating System
  • Oil Water Heater

Community Details

  • No Home Owners Association
  • Stonehurst Subdivision

Listing and Financial Details

  • Tax Lot 026
  • Assessor Parcel Number 20-001.00-026

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Inclusions: All Appliances "As Is"
  • New Construction: No
  • Year Built: 1954
  • Remarks Public: A true diamond in the rough. Great location. Bring your imagination and roll up your sleeves. All brick Cape with loads of potential. **Home is being sold to settle an Estate. Home to be purchased in it's current "as is" condition. Sellers will not make any repairs. Any inspections will be performed at Buyers expense and will be for Buyers information Only**
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Fireplace: No
  • Levels Count: 1.5
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Outside Entrance
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 1625
  • Living Area Sq Ft: 1625
  • Net Sq Ft: 1625.00
  • Price Per Sq Ft: 83.08
  • Above Grade Finished Sq Ft: 1625
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Brick
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Electric Service: Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Oil, Hot Water
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: RED CLAY CONSOLIDATED
  • School District Key: 300200396545

Lot Info

  • Improvement Assessed Value: 40000.00
  • Land Assessed Value: 9800.00
  • Lot Features: Level
  • Lot Size Acres: 0.15
  • Lot Dimensions: 50X128
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6534.00
  • Property Condition: Below Average
  • Zoning: 20R-1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2377407
  • Tax Annual Amount: 1919.00
  • Assessor Parcel Number: 20-001.00-026
  • Tax Lot: 026
  • Tax Year: 2017
  • Close Date: 08/31/2018

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2020
Sold by
Setting Ii Victor J and Setting Brianne K
Bought by
Setting Real Estate Llc
Current Estimated Value
$311,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Outstanding Balance
$146,680
Interest Rate
3.7%
Mortgage Type
Commercial
Estimated Equity
$162,598

Purchase Details

Closed on
Apr 10, 2019
Sold by
Setting Victor J and Setting Brianne K
Bought by
Setting Victor J and Setting Brianne K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,250
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 13, 2018
Closed on
Aug 29, 2018
Sold by
Bagnoli Alyssa and Bagnoli Brett
Bought by
Setting Victor J and Earnest Brianne K
Seller's Agent
SHARON WHITE
Patterson-Schwartz - Greenville
Buyer's Agent
Stephen Mottola
Compass
List Price
$135,000
Sold Price
$127,000
Premium/Discount to List
-$8,000
-5.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.58%
Original Mortgage
$160,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 2003
Sold by
Pnc Bank
Bought by
Bagnoli Samuel E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,200
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Setting Real Estate Llc -- None Available
Setting Victor J -- None Available
Setting Victor J -- None Available
Bagnoli Samuel E $149,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Setting Real Estate Llc $165,000
Previous Owner Setting Victor J $170,250
Previous Owner Setting Victor J $160,000
Previous Owner Bagnoli Samuel E $90,000
Previous Owner Bagnoli Samuel E $119,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2018 08/31/18 Sold $127,000 -5.9% $78 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
07/13/2018 07/13/18 For Sale $135,000 -- $83 / 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 $1,620 $49,800 $9,800 $40,000
2023 $1,415 $49,800 $9,800 $40,000
2022 $1,468 $49,800 $9,800 $40,000
2021 $1,406 $49,800 $9,800 $40,000
2020 $1,415 $49,800 $9,800 $40,000
2019 $1,538 $49,800 $9,800 $40,000
2018 $172 $49,800 $9,800 $40,000
2017 $1,314 $49,800 $9,800 $40,000
2016 $1,314 $49,800 $9,800 $40,000
2015 $1,218 $49,800 $9,800 $40,000
2014 $1,111 $49,800 $9,800 $40,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002039036

Bright MLS

APN: 20-001.00-026