$110,000
SOLD DEC 10, 2014

502 Grove Ave Wilmington, DE 19809

2 Beds
1 Bath
2,160 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$51 Per Sq Ft

15% Below List Price

17 Days on Market

Highlights

  • Rambler Architecture
  • Wood Flooring
  • 2 Car Detached Garage
  • Pierre S. Dupont Middle School Rated A-
  • No HOA
  • Oversized Parking

About This Home

As of July 2021

This bank owned property includes two parcels 17002.00035 and 17002.00036 for a total of 75' X 100". One parcel includes a 2 bedroom home and the second parcel includes a large 2 car detached garage. The home is in need of some TLC but all the major systems appear to be in operating condition. Property is being sold in as is condition with no warranties expressed or implied. This would appear to be a good investment or a great candidate for a renovation loan.

Last Agent to Sell the Property

Brent Applebaum

Coldwell Banker Realty License #650154 Listed on: 11/04/2014

Coldwell Banker Realty

Co-Listed By

Christopher Nolte

Coldwell Banker Realty License #RA-0020574I

Last Buyer's Agent

lois cosenzo

RE/MAX Associates-Wilmington

RE/MAX Associates-Wilmington

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Property is in below average condition
  • Property is zoned 17R2

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Driveway

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • Property has 1 Level
  • Living Room
  • Eat-In Kitchen

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry
  • Laundry in Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Bellefonte Subdivision

Listing and Financial Details

  • Tax Lot 036
  • Assessor Parcel Number 17-002.00-036

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: As Is
  • New Construction: No
  • Year Built: 1940
  • Remarks Public: This bank owned property includes two parcels 17002.00035 and 17002.00036 for a total of 75' X 100". One parcel includes a 2 bedroom home and the second parcel includes a large 2 car detached garage. The home is in need of some TLC but all the major systems appear to be in operating condition. Property is being sold in as is condition with no warranties expressed or implied. This would appear to be a good investment or a great candidate for a renovation loan.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Entry Location: Living Room
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Partial, Unfinished, Outside Entrance
  • Laundry Type: Basement
  • Street Number Modifier: 502

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Construction Materials: Aluminum Siding, Vinyl Siding, Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Oversized
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Detached Garage

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: BRANDYWINE
  • School District Key: 300200396892

Lot Info

  • Improvement Assessed Value: 40000.00
  • Land Assessed Value: 8100.00
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50X100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Property Condition: Below Average
  • Zoning: 17R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2367037
  • Tax Annual Amount: 1686.00
  • Assessor Parcel Number: 17-002.00-036
  • Tax Lot: 036
  • Tax Year: 2014
  • Close Date: 12/10/2014

MLS Schools

  • School District Name: BRANDYWINE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2010
Sold by
Storm William W and Anderson Lisa W
Bought by
Anderson Lisa W
Current Estimated Value
$485,079

Purchase Details

Closed on
Apr 28, 2006
Sold by
Caffrey Stephen A and Caffrey Sharon L
Bought by
Storm William W and Anderson Lisa W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $56,700 None Available
Deed $380,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 New Conventional
Open $278,436 New Conventional
Closed $290,500 Adjustable Rate Mortgage/ARM
Closed $314,600 New Conventional
Previous Owner $319,000 Unknown
Previous Owner $304,000 Purchase Money Mortgage
Previous Owner $38,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2021 07/13/21 Sold $225,000 -1.7% $288 / Sq Ft
06/08/2021 06/08/21 Price Changed $229,000 -4.2% $293 / Sq Ft
05/13/2021 05/13/21 For Sale $239,000 +117.3% $306 / Sq Ft
12/10/2014 12/10/14 Sold $110,000 -15.3% $51 / Sq Ft
11/21/2014 11/21/14 Pending -- -- --
11/04/2014 11/04/14 For Sale $129,900 -- $60 / 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 $3,563 $114,200 $19,200 $95,000
2023 $3,097 $114,200 $19,200 $95,000
2022 $3,111 $114,200 $19,200 $95,000
2021 $3,106 $114,200 $19,200 $95,000
2020 $0 $114,200 $19,200 $95,000
2019 $5,419 $114,200 $19,200 $95,000
2018 $3,109 $114,200 $19,200 $95,000
2017 $3,104 $114,200 $19,200 $95,000
2016 $2,942 $114,200 $19,200 $95,000
2015 $2,104 $113,400 $19,200 $94,200
2014 -- $113,400 $19,200 $94,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003143638

Bright MLS

APN: 26-018.20-050