NOT LISTED FOR SALE

Estimated Value: $280,544 - $346,000

-- Bed
3 Baths
2,592 Sq Ft
$118/Sq Ft Est. Value

Last Sold May 31, 2013

Last sale price $14,500 $6 Per Sq Ft

Est. 2,014% increase in value since last sale

Current estimated payment $1,932/month

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • 1-minute walk to Helen Chambers Playground
  • Mobility Improvements
  • Heating System Uses Gas

About This Home

As of May 2013

This is a Fannie Mae HomePath property not approved for HomePath Mortgage Financing. Purchase for as little as 3% down! No PMI! Visit HomePath website or ask listing broker for more information. Excellent investor opportunity for this city property. This large corner property is currently configured as a 3 unit building and will need substantial creativity to bring it up to its potential. Each unit features two bedrooms and a large living room with kitchenette. Buyer to verify zoning and use with the City of Wilmington. Seller requires that offers are made via HomePath website. Contract package attached on Trend.

Last Agent to Sell the Property

Paul Pantano

(302) 354-0792 ppantano@pantanorealestate.com Pantano Real Estate Inc Listed on: 02/08/2013

Co-Listed By

Scott Deputy

(302) 750-6388 scott.deputy@exprealty.com EXP Realty, LLC

EXP Realty, LLC

Last Buyer's Agent

Scott Deputy

(302) 750-6388 scott.deputy@exprealty.com EXP Realty, LLC

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 18x60

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Flat Roof Shape
  • Brick Exterior Construction

Schools

  • Bancroft Elementary School
  • Bayard Middle School
  • Newark High School

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Additional Features

  • En-Suite Primary Bedroom
  • Mobility Improvements

Community Details

  • No Home Owners Association
  • Operating Expense $1,167

Listing and Financial Details

  • Tax Lot 433
  • Assessor Parcel Number 26-034.20-433

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Row/Townhouse
  • Accessibility Features: Mobility Improvements
  • Ownership: Fee Simple
  • Inclusions: Any Appliances In As Is Condition
  • New Construction: No
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Master Bedroom
  • Basement: No

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Central Air Conditioning: No
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: CHRISTINA
  • Elementary School: BANCROFT
  • Middle School: BAYARD
  • High School: NEWARK
  • School District Key: 300200396890
  • Elementary School: BANCROFT
  • High School: NEWARK
  • Middle Or Junior School: BAYARD

Lot Info

  • Improvement Assessed Value: 25500.00
  • Land Assessed Value: 3000.00
  • Lot Size Acres: 0.03
  • Lot Dimensions: 18X60
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Zoning: 26R-4

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 2409850
  • Tax Annual Amount: 1167.00
  • Assessor Parcel Number: 26-034.20-433
  • Tax Lot: 433
  • Tax Year: 2012
  • Close Date: 05/31/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2020
Sold by
City Of Wilmington
Bought by
Wilmington Neighborhood Conservancy Land
Current Estimated Value
$306,515

Purchase Details

Closed on
Nov 15, 2019
Sold by
Sanchez Franklyn
Bought by
City Of Wilmington

Purchase Details

Listed on
Feb 8, 2013
Closed on
May 30, 2013
Sold by
Federal National Mortgage Association
Bought by
Sanchez Franklyn
Seller's Agent
Paul Pantano
Pantano Real Estate Inc
Buyer's Agent
Scott Deputy
EXP Realty, LLC
List Price
$32,000
Sold Price
$14,500
Premium/Discount to List
-$17,500
-54.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.86%

Purchase Details

Closed on
Feb 11, 2013
Sold by
Roach Joseph
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 29, 2003
Sold by
Ashley David M
Bought by
Roach Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
5.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2001
Sold by
Gjg Llc
Bought by
Ashley David M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wilmington Neighborhood Conservancy Land -- None Available
City Of Wilmington $20,000 None Available
Sanchez Franklyn $14,500 None Available
Federal National Mortgage Association $173,895 None Available
Roach Joseph $122,000 Global Title Inc
Ashley David M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roach Joseph $122,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2013 05/31/13 Sold $14,500 -54.7% $6 / Sq Ft
05/16/2013 05/16/13 Pending -- -- --
02/08/2013 02/08/13 For Sale $32,000 -- $12 / 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 -- $28,500 $3,000 $25,500
2023 -- $28,500 $3,000 $25,500
2022 $0 $28,500 $3,000 $25,500
2021 $1,403 $28,500 $3,000 $25,500
2020 $1,403 $28,500 $3,000 $25,500
2019 $1,403 $28,500 $3,000 $25,500
2018 $708 $28,500 $3,000 $25,500
2017 $1,322 $28,500 $3,000 $25,500
2016 $1,322 $28,500 $3,000 $25,500
2015 $1,238 $28,500 $3,000 $25,500
2014 $1,237 $28,500 $3,000 $25,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003329790

Bright MLS

APN: 26-034.20-433