NOT LISTED FOR SALE

500 W 25th St Wilmington, DE 19802

Baynard Village Neighborhood

Estimated Value: $145,000 - $220,000

3 Beds
1.5 Baths
1,500 Sq Ft
$125/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $98,000 $65 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $1,075/month

1 Day on Market

Highlights

  • Traditional Architecture
  • Central Air
  • 4-minute walk to Harrison Triangle Park
  • No HOA
  • Hot Water Heating System

About This Home

As of May 2021

Large 3 bedroom, 1.5 bath with central heat and air, enclosed front porch, large fenced rear yard, huge main bath, vaulted ceiling in main bedroom, all bedroom are of good size, rear deck off back bedroom, currently occupied with section 8 tenant paying $1150, Owner also selling 2423 N Madison St and 2914 N Washington St, turn-key rental or owner occupant, Showings on Wednesdays 4-6pm and Saturdays 11-1pm only, schedule showings on Bright, must wear mask and limit showing times to 15 minutes, Property being sold As-Is, inspections are for informational purposes only, no repairs will be made

Last Agent to Sell the Property

Evette Morrow

(302) 229-8723 evette@elmproperties.net ELM Properties Listed on: 03/17/2021

Last Buyer's Agent

Ryan Zinn

(302) 545-9566 ryan.zinn@psre.com Patterson-Schwartz - Greenville License #RA-0030994

Patterson-Schwartz - Greenville

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1915

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 19.00 x 125.00
  • Back Yard Fenced

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 1,500 Sq Ft Home
  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Air
  • Cooling System Utilizes Natural Gas
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Public Septic

Listing and Financial Details

  • Tax Lot 190
  • Assessor Parcel Number 26-015.30-190

Community Details

Overview

  • No Home Owners Association
  • Property Manager

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-03-17
  • Federal Flood Zone: No
  • Year Built: 1915
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Entry Floor: 1
  • Fireplace: No
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1500
  • Living Area Sq Ft: 1500
  • Price Per Sq Ft: 63.27
  • Above Grade Finished Sq Ft: 1500
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Rear
  • Improvement Assessed Value: 30400.00
  • Land Assessed Value: 5000.00
  • Lot Size Acres: 0.06
  • Lot Dimensions: 19.00 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Zoning: 26R-3
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 2394765
  • School Tax: 878.00
  • Tax Annual Amount: 1625.00
  • Assessor Parcel Number: 26-015.30-190
  • Tax Lot: 190
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2021
Closed on
May 17, 2021
Sold by
Fornoff Mario M and Czobor Aniko
Bought by
Big T Properties De 4 Llc
Seller's Agent
Evette Morrow
ELM Properties
Buyer's Agent
Ryan Zinn
Patterson-Schwartz - Greenville
List Price
$94,900
Sold Price
$98,000
Premium/Discount to List
$3,100
3.27%
Current Estimated Value
$187,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,319
Avg. Annual Appreciation
15.45%
Original Mortgage
$10,000,000
Outstanding Balance
$9,048,328
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
-$8,861,009

Purchase Details

Closed on
Jan 15, 1998
Bought by
Fornoff Mario M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Big T Properties De 4 Llc -- None Available
Fornoff Mario M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Big T Properties De 4 Llc $10,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2021 05/21/21 Sold $98,000 +3.3% $65 / Sq Ft
03/19/2021 03/19/21 Pending -- -- --
03/17/2021 03/17/21 For Sale $94,900 -- $63 / 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 $1,105 $35,400 $5,000 $30,400
2023 $960 $35,400 $5,000 $30,400
2022 $964 $35,400 $5,000 $30,400
2021 $963 $35,400 $5,000 $30,400
2020 $968 $35,400 $5,000 $30,400
2019 $1,680 $35,400 $5,000 $30,400
2018 $992 $35,400 $5,000 $30,400
2017 $1,569 $35,400 $5,000 $30,400
2016 $1,569 $35,400 $5,000 $30,400
2015 $1,500 $35,400 $5,000 $30,400
2014 $1,424 $35,400 $5,000 $30,400
Source: Public Records

Agents Affiliated with this Home

  • Evette Morrow

    Seller's Agent in 2021

    Evette Morrow

    ELM Properties

    (302) 229-8723

    5 in this area

    54 Total Sales

    Evette Morrow
    Section Image
  • Ryan Zinn

    Buyer's Agent in 2021

    Ryan Zinn

    Patterson Schwartz

    (302) 545-9566

    6 in this area

    74 Total Sales

    Ryan Zinn
    Section Image
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Map

Source: Bright MLS

MLS Number: DENC522274

Bright MLS

APN: 26-015.30-190

Delaware New Castle County Wilmington 19802 Baynard Village

500 W 25th St, Wilmington, DE

Not Listed for Sale

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