506 River Rd Wilmington, DE 19809
Estimated Value: $499,000 - $562,000
5
Beds
3.5
Baths
3,825
Sq Ft
$139/Sq Ft
Est. Value
Highlights
- Gourmet Kitchen
- Creek or Stream View
- 1 Fireplace
- Pierre S. Dupont Middle School Rated A-
- Colonial Architecture
- No HOA
About This Home
As of December 2023Price reduced, owner motivated! This stunning brick home covered with attractive stucco in the sought after community of Riverside Gardens backs up to park land and has a gorgeous custom addition with gourmet kitchen, hardwood floors and enviable master suite, Master suite has gorgeous bath and huge walk in closets. Sit above the trees on the master suite private deck and enjoy morning coffee or a relaxing evening. Close to downtown Wilmington, I-95, shopping and restaurants all close by.
This home is unique, private and has plenty of old world charm in the original portion combined with modern conveniences and upgrades in the stunning addition.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,223
Year Built
- Built in 1948
Lot Details
- 0.27 Acre Lot
- Lot Dimensions are 75.00 x 175.00
- Property is in very good condition
- Property is zoned NC6.5
Parking
- 2 Car Attached Garage
- 2 Driveway Spaces
- Garage Door Opener
Property Views
- Creek or Stream
- Park or Greenbelt
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Block Foundation
- Stucco
Interior Spaces
- 3,825 Sq Ft Home
- Property has 3 Levels
- Built-In Features
- Ceiling Fan
- Recessed Lighting
- 1 Fireplace
- Family Room Off Kitchen
- Formal Dining Room
- Basement Fills Entire Space Under The House
- Gourmet Kitchen
Bedrooms and Bathrooms
- 5 Bedrooms
Utilities
- Central Air
- Heating System Uses Oil
- Hot Water Heating System
- Electric Water Heater
Additional Features
- More Than Two Accessible Exits
- Shed
Community Details
- No Home Owners Association
- Riverside Gardens Subdivision
Listing and Financial Details
- Tax Lot 142
- Assessor Parcel Number 06-146.00-142
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 21, 2023
Closed on
Dec 20, 2023
Sold by
Wood Paul
Bought by
506 Riverfront Rental Llc
Seller's Agent
Donna Perri
VRA Realty
Buyer's Agent
Luke Shockley
Keller Williams Realty
List Price
$550,000
Sold Price
$450,000
Premium/Discount to List
-$100,000
-18.18%
Total Days on Market
69
Views
458
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
$79,904
Avg. Annual Appreciation
12.11%
Purchase Details
Closed on
Sep 5, 2023
Sold by
Wood Paul and Pickup Theresa
Bought by
Wood Paul
Purchase Details
Closed on
Nov 30, 1992
Bought by
Wood Paul and Pickup Theresa
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Wilmington, DE
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 506 Riverfront Rental Llc | -- | None Listed On Document | |
| Wood Paul | -- | None Listed On Document | |
| Wood Paul | $148,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Wood Paul | $190,000 | |
| Previous Owner | Wood Paul | $274,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/20/2023 12/20/23 | Sold | $450,000 | -5.3% | $118 / Sq Ft |
| 11/29/2023 11/29/23 | Pending | -- | -- | -- |
| 11/11/2023 11/11/23 | Price Changed | $475,000 | -2.1% | $124 / Sq Ft |
| 10/26/2023 10/26/23 | Price Changed | $485,000 | -3.0% | $127 / Sq Ft |
| 10/06/2023 10/06/23 | Price Changed | $500,000 | -9.1% | $131 / Sq Ft |
| 09/21/2023 09/21/23 | For Sale | $550,000 | -- | $144 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $3,467 | $91,100 | $14,100 | $77,000 |
| 2023 | $3,169 | $91,100 | $14,100 | $77,000 |
| 2022 | $3,223 | $91,100 | $14,100 | $77,000 |
| 2021 | $3,222 | $91,100 | $14,100 | $77,000 |
| 2020 | $3,223 | $91,100 | $14,100 | $77,000 |
| 2019 | $3,398 | $91,100 | $14,100 | $77,000 |
| 2018 | $3,080 | $91,100 | $14,100 | $77,000 |
| 2017 | $3,032 | $91,100 | $14,100 | $77,000 |
| 2016 | $3,030 | $91,100 | $14,100 | $77,000 |
| 2015 | $2,788 | $91,100 | $14,100 | $77,000 |
| 2014 | $1,787 | $91,100 | $14,100 | $77,000 |
Source: Public Records
Agents Affiliated with this Home
-
Donna Perri
Seller's Agent in 2023
Donna Perri
VRA Realty
(484) 883-5760
2 in this area
146 Total Sales
-
Luke Shockley
Buyer's Agent in 2023
Luke Shockley
Keller Williams Realty
(302) 542-7975
1 in this area
22 Total Sales
Map
Source: Bright MLS
MLS Number: DENC2048998
APN: 06-146.00-142
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