NOT LISTED FOR SALE

505 N Broom St Wilmington, DE 19805

Estimated Value: $140,000 - $174,000

6 Beds
3 Baths
2,700 Sq Ft
$58/Sq Ft Est. Value

About This Home

This home is located at 505 N Broom St, Wilmington, DE 19805 and is currently estimated at $157,000, approximately $58 per square foot. 505 N Broom St is a home located in New Castle County with nearby schools including Warner Elementary School, Dupont (H.B.) Middle School, and Alexis I. du Pont High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2024
Sold by
Rhr Holdings Llc
Bought by
Rowhome Rentals Llc and Rhr Holdings Llc
Current Estimated Value
$157,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$373,747
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
-$129,247

Purchase Details

Closed on
Jul 17, 2023
Sold by
Damarose Property Development Group Llc
Bought by
Rhr Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,700
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2022
Sold by
Phillips Scott T
Bought by
Damarose Property Development Group Llc

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Rowhome Rentals Llc -- None Listed On Document
Rhr Holdings Llc $80,000 Kirsh Title Services
Damarose Property Development Group Llc $69,000 Rhodunda Williams & Kondrascho
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rowhome Rentals Llc $375,000
Previous Owner Rhr Holdings Llc $218,700
Source: Public Records

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 $708 $22,700 $3,900 $18,800
2023 $616 $22,700 $3,900 $18,800
2022 $618 $22,700 $3,900 $18,800
2021 $11,874 $22,700 $3,900 $18,800
2020 $10,529 $22,700 $3,900 $18,800
2019 $1,077 $22,700 $3,900 $18,800
2018 $146 $22,700 $3,900 $18,800
2017 $1,006 $22,700 $3,900 $18,800
2016 $1,006 $22,700 $3,900 $18,800
2015 $962 $22,700 $3,900 $18,800
2014 $913 $22,700 $3,900 $18,800
Source: Public Records

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