Seller's Agent in 2019
Michael Kelczewski
Century 21 Emerald
(302) 383-1983
3 in this area
74 Total Sales
500 W 7th St Wilmington, DE 19801
Downtown Wilmington NeighborhoodEstimated Value: $79,306 - $250,000
Studio
3
Baths
2,325
Sq Ft
$80/Sq Ft
Est. Value
Highlights
- No HOA
- Central Air
- Heating System Uses Oil
- Mobility Improvements
- Property is in very good condition
- 3-minute walk to Helen Chambers Playground
About This Home
As of August 2019Development/Rehab opportunity located within the heat of Wilmington's Downtown Development District. Walk to the growing cultural epicenter and Central Business District, where many restaurants and vibrant nightlife are present. The property requires completion - building materials,architectural plans included. The original triplex configuration reduced to a 1st floor 1 BR leaving a massive 3 BR 2 Bath upper level space. Sold "as-is" - ask agent for info.NEW HVAC included with sale!
Last Agent to Sell the Property
(302) 798-1000 mike@emeraldc21.com Century 21 Emerald License #0225254367 Listed on: 07/09/2018
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1880
Lot Details
- 2,178 Sq Ft Lot
- Lot Dimensions are 22x95
- Property is in very good condition
Parking
- On-Street Parking
Home Design
- Triplex
- Flat Roof Shape
- Brick Exterior Construction
- Shingle Roof
Interior Spaces
- 2,325 Sq Ft Home
- Unfinished Basement
- Basement Fills Entire Space Under The House
Accessible Home Design
- Mobility Improvements
Utilities
- Central Air
- Heating System Uses Oil
- 200+ Amp Service
- Electric Water Heater
Listing and Financial Details
- Tax Lot 326
- Assessor Parcel Number 26-035.10-326
Community Details
Overview
- No Home Owners Association
- 2 Units
- Wilm #6.01 Subdivision
Building Details
- Operating Expense $1,844
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 9, 2018
Closed on
Aug 27, 2019
Sold by
Philippou Christos and Philippou Maricruz
Bought by
Francis Collette
Seller's Agent
Michael Kelczewski
Century 21 Emerald
Buyer's Agent
Katina Geralis
EXP Realty, LLC
List Price
$100,000
Sold Price
$55,000
Premium/Discount to List
-$45,000
-45%
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
$181,045
Avg. Annual Appreciation
20.32%
Purchase Details
Listed on
Feb 1, 2016
Closed on
Apr 12, 2016
Sold by
From The Ground Up Community Development
Bought by
Philippou Christos and Philippou Maricruz
Seller's Agent
Your Bridge Team
Compass
Buyer's Agent
Michael Kelczewski
Century 21 Emerald
List Price
$65,000
Sold Price
$45,000
Premium/Discount to List
-$20,000
-30.77%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%
Purchase Details
Closed on
Dec 19, 2014
Sold by
Delaware Preservation Fund Inc
Bought by
From The Ground Up Community Development
Purchase Details
Closed on
Sep 8, 2005
Sold by
Wilson Alicia N
Bought by
Strowder Cornelia
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Francis Collette | -- | None Available | |
| Philippou Christos | $45,000 | Attorney | |
| From The Ground Up Community Development | $12,000 | None Available | |
| Strowder Cornelia | $35,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/27/2019 08/27/19 | Sold | $55,000 | -20.3% | $24 / Sq Ft | |
| 07/28/2019 07/28/19 | Pending | -- | -- | -- | |
| 06/26/2019 06/26/19 | Price Changed | $69,000 | -8.0% | $30 / Sq Ft | |
| 04/04/2019 04/04/19 | Price Changed | $75,000 | -6.1% | $32 / Sq Ft | |
| 11/27/2018 11/27/18 | Price Changed | $79,900 | -6.0% | $34 / Sq Ft | |
| 10/10/2018 10/10/18 | Price Changed | $85,000 | -1.2% | $37 / Sq Ft | |
| 10/09/2018 10/09/18 | Price Changed | $85,999 | -4.4% | $37 / Sq Ft | |
| 08/24/2018 08/24/18 | Price Changed | $90,000 | -10.0% | $39 / Sq Ft | |
| 07/09/2018 07/09/18 | For Sale | $100,000 | +122.2% | $43 / Sq Ft | |
| 04/12/2016 04/12/16 | Sold | $45,000 | -30.8% | $20 / Sq Ft | View Prior Sale |
| 03/24/2016 03/24/16 | Pending | -- | -- | -- | |
| 02/01/2016 02/01/16 | For Sale | $65,000 | -- | $28 / Sq Ft |
Source: Bright MLS
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 | $461 | $39,500 | $3,400 | $36,100 |
| 2023 | $1,420 | $39,500 | $3,400 | $36,100 |
| 2022 | $1,405 | $39,500 | $3,400 | $36,100 |
| 2021 | $2,886 | $39,500 | $3,400 | $36,100 |
| 2020 | $1,329 | $39,500 | $3,400 | $36,100 |
| 2019 | $788 | $39,500 | $3,400 | $36,100 |
| 2018 | $473 | $39,500 | $3,400 | $36,100 |
| 2017 | $733 | $39,500 | $3,400 | $36,100 |
| 2016 | $733 | $39,500 | $3,400 | $36,100 |
| 2015 | $1,716 | $39,500 | $3,400 | $36,100 |
| 2014 | $1,715 | $39,500 | $3,400 | $36,100 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Kelczewski
-
Katina Geralis
Buyer's Agent in 2019
Katina Geralis
EXP Realty, LLC
(302) 383-5412
11 in this area
479 Total Sales
-
Your Bridge Team
Seller's Agent in 2016
Your Bridge Team
Compass
(302) 383-2550
1 in this area
35 Total Sales
Map
Source: Bright MLS
MLS Number: 1002017514
APN: 26-035.10-326
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