NOT LISTED FOR SALE

506 River Rd Wilmington, DE 19809

Estimated Value: $471,000 - $553,000

5 Beds
3.5 Baths
3,825 Sq Ft
$136/Sq Ft Est. Value

Last Sold December 20, 2023

Last sale price $450,000 $118 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,043/month

69 Days on Market

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 2023

Price 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.

Last Agent to Sell the Property

Donna Perri

(484) 883-5760 donnaperri4@gmail.com VRA Realty License #RS322259 Listed on: 09/21/2023

VRA Realty

Last Buyer's Agent

Luke Shockley

(302) 542-7975 luke@griffinhigginsteam.com Keller Williams Realty License #RS0037803

Keller Williams Realty

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,223

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2023-09-29
  • Year Built: 1948
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Interior Amenities: Built-Ins, Ceiling Fan(s), Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Gourmet, Recessed Lighting
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3825
  • Living Area Sq Ft: 3825
  • Price Per Sq Ft: 124.18
  • Above Grade Finished Sq Ft: 3825
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 506

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 2.00
  • Upper Level Full Bathrooms: 1
  • Upper Level 2 Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Stucco, Brick
  • View: Creek/Stream, Park/Greenbelt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: BRANDYWINE
  • School District Key: 300200396892
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.27
  • Lot Dimensions: 75.00 x 175.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11761.00
  • Property Condition: Very Good
  • Year Assessed: 2022
  • Zoning: NC6.5
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 2471.00
  • Tax Annual Amount: 3223.00
  • Assessor Parcel Number: 06-146.00-142
  • Tax Lot: 142
  • Tax Total Finished Sq Ft: 3825
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 12/20/2023

MLS Schools

  • School District Name: BRANDYWINE

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%
Views
458
Current Estimated Value
$519,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,353
Avg. Annual Appreciation
8.34%

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
Source: Public Records

Range of Values:

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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
506 Riverfront Rental Llc -- None Listed On Document
Wood Paul -- None Listed On Document
Wood Paul $148,000 --
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

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 $3,467 $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

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Map

Source: Bright MLS

MLS Number: DENC2048998

Bright MLS

APN: 06-146.00-142