Seller's Agent in 2021
Holly Henderson-Smith
Patterson Schwartz
(302) 298-2836
9 in this area
115 Total Sales
516 E 11th St Wilmington, DE 19801
Downtown Wilmington NeighborhoodEstimated Value: $151,524 - $247,000
--
Bed
2
Baths
1,600
Sq Ft
$129/Sq Ft
Est. Value
Highlights
- Traditional Floor Plan
- No HOA
- Eat-In Kitchen
- Traditional Architecture
- Upgraded Countertops
- 3-minute walk to Kirkwood Park
About This Home
As of August 2021Whether you are an investor or a home owner occupant that wants to live in one unit and have the second unit pay your mortgage, this property fits the bill. Situated on a beautiful tree lined street just around the corner from Rodney Square, 516 E 11th Street is a duplex with 2 one bedroom, one bath units that have been tastefully renovated from top to bottom! As you walk into the first floor unit, you’ll notice the contemporary chandelier, tall ceilings and the cherry luxury vinyl plank flooring that flows throughout the entire living space. To the left you have a sizeable bedroom with two large windows that let in plenty of light and two large closets offering plenty of storage space. Making your way back through the living room is a full bathroom to your right with a claw foot tub/shower combination, beautiful tile flooring and gleaming white vanity. Just beyond the bathroom is a formal dining space with a crystal accent mini chandelier. Completing this unit is completely remodeled kitchen with newer cabinetry, granite counter tops and tile flooring. The second floor unit is even more spacious. As you reach the top of the stairs, you enter the main family room/living space with a contemporary chandelier and gray toned luxury vinyl plank flooring that flows throughout the main living space. Towards the front of the house, you have a large master bedroom with a ceiling fan, three closets, two large windows. As you head back through the main living space, you’ll see the full bathroom with tub/shower combination, gleaming white vanity and vinyl flooring. Continuing towards the back of the house you have a room that could be used as a formal dining space or a sitting room. This room leads to the beautifully renovated eat-in kitchen with newer cabinets, granite counter tops, modern flush mount light fixture, newer appliances and tile flooring. There is also a modest wood deck just off the kitchen. The first level unit is vacant, ready for its new tenant. The previous rent was $907/month. The second level unit is currently occupied and has a rent of $945/month. Each unit has separate furnaces with separate thermostats (2018), newer windows (2018), newer flooring (2018), newer closets (2018), newer kitchens (2018), newer bathrooms (2018), newer light fixtures (2018) and newer carbon monoxide and smoke detectors (2018). With over $65k in recent updates already done for the new owner, what are you waiting for? Check out this amazing duplex today!
Last Agent to Sell the Property
(302) 298-2836 holly@pantanorealestate.com Patterson-Schwartz - Greenville License #RS-339999 Listed on: 05/11/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $626
Year Built
- Built in 1910
Lot Details
- 1,307 Sq Ft Lot
- Lot Dimensions are 17.50 x 75.00
Parking
- On-Street Parking
Home Design
- Duplex
- Traditional Architecture
- Brick Exterior Construction
Interior Spaces
- Bathtub with Shower
- 1,600 Sq Ft Home
- Traditional Floor Plan
- Ceiling Fan
- Combination Kitchen and Dining Room
- Basement Fills Entire Space Under The House
Kitchen
- Eat-In Kitchen
- Upgraded Countertops
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 354
- Assessor Parcel Number 26-036.10-354
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 1 Vacant Unit
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 11, 2021
Closed on
Aug 20, 2021
Sold by
Ingram Karen M
Bought by
Mowete Nnamdi Z
Seller's Agent
Holly Henderson-Smith
Patterson-Schwartz - Greenville
Buyer's Agent
Donna Weed
Long & Foster Real Estate, Inc.
List Price
$199,900
Sold Price
$199,900
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
$6,608
Avg. Annual Appreciation
-1.42%
Original Mortgage
$169,915
Outstanding Balance
$156,285
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$32,201
Purchase Details
Closed on
Dec 15, 2003
Sold by
Smith Ronald W
Bought by
Ingram Karen M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,400
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mowete Nnamdi Z | -- | None Available | |
| Ingram Karen M | $68,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mowete Nnamdi Z | $169,915 | |
| Previous Owner | Ingram Karen M | $54,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/24/2021 08/24/21 | Sold | $199,900 | 0.0% | $125 / Sq Ft |
| 06/29/2021 06/29/21 | For Sale | $199,900 | 0.0% | $125 / Sq Ft |
| 06/28/2021 06/28/21 | Pending | -- | -- | -- |
| 05/14/2021 05/14/21 | Pending | -- | -- | -- |
| 05/11/2021 05/11/21 | For Sale | $199,900 | -- | $125 / 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 | $442 | $12,000 | $2,000 | $10,000 |
| 2023 | $431 | $12,000 | $2,000 | $10,000 |
| 2022 | $427 | $12,000 | $2,000 | $10,000 |
| 2021 | $416 | $12,000 | $2,000 | $10,000 |
| 2020 | $404 | $12,000 | $2,000 | $10,000 |
| 2019 | $591 | $12,000 | $2,000 | $10,000 |
| 2018 | $916 | $12,000 | $2,000 | $10,000 |
| 2017 | $556 | $12,000 | $2,000 | $10,000 |
| 2016 | $556 | $12,000 | $2,000 | $10,000 |
| 2015 | $521 | $12,000 | $2,000 | $10,000 |
| 2014 | $521 | $12,000 | $2,000 | $10,000 |
Source: Public Records
Agents Affiliated with this Home
-
Holly Henderson-Smith
-
Johanna Novack
Seller Co-Listing Agent in 2021
Johanna Novack
Pantano Real Estate Inc
(302) 494-9617
4 in this area
110 Total Sales
-
Donna Weed
Buyer's Agent in 2021
Donna Weed
Long & Foster
(302) 981-6388
2 in this area
71 Total Sales
Map
Source: Bright MLS
MLS Number: DENC526244
APN: 26-036.10-354
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