NOT LISTED FOR SALE

524 Essex Ave Wilmington, DE 19804

Ashley Neighborhood

Estimated Value: $215,000 - $331,000

3 Beds
1.5 Baths
1,475 Sq Ft
$199/Sq Ft Est. Value

Last Sold November 30, 2018

Last sale price $120,000 $81 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $1,749/month

23 Days on Market

Highlights

  • Cape Cod Architecture
  • Attic
  • No HOA
  • Wood Flooring
  • 1 Fireplace
  • 1 Car Attached Garage

About This Home

As of November 2018

This home has a lot of potential. In need of some cosmetic work but seems to be a solid home. No VA or FHA. Home is being sold in "AS-IS" condition. A spacious 3 bedroom, 1.1 bath Cape with a nice size yard. Features include a large living room with fireplace, a dining room, a kitchen with plenty of cabinet space and a rear addition with a powder room. The yard is fenced and includes a patio and shed. This home would make a great investment.

Last Agent to Sell the Property

Tom Riccio

RE/MAX Point Realty Listed on: 10/10/2018

Last Buyer's Agent

Chris Cashman

Patterson-Schwartz-Newark License #AB067190

Patterson-Schwartz-Newark

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,497

Year Built

  • Built in 1940

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Property is zoned NC5

Parking

  • 1 Car Attached Garage
  • 2 Open Parking Spaces

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,475 Sq Ft Home
  • Property has 1.5 Levels
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Eat-In Kitchen
  • Attic

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Basement

  • Partial Basement
  • Exterior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Patio
  • Shed

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • Bellemoor Subdivision

Listing and Financial Details

  • Tax Lot 412
  • Assessor Parcel Number 07-042.40-412

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,497

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1940
  • Remarks Public: This home has a lot of potential. In need of some cosmetic work but seems to be a solid home. No VA or FHA. Home is being sold in "AS-IS" condition. A spacious 3 bedroom, 1.1 bath Cape with a nice size yard. Features include a large living room with fireplace, a dining room, a kitchen with plenty of cabinet space and a rear addition with a powder room. The yard is fenced and includes a patio and shed. This home would make a great investment.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Interior Amenities: Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Living Room
  • Levels Count: 1.5
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Partial, Outside Entrance
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 1475
  • Living Area Sq Ft: 1475
  • Net Sq Ft: 1475.00
  • Price Per Sq Ft: 101.63
  • Above Grade Finished Sq Ft: 1475
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 524

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Electric Service: Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Oil, Hot Water
  • Heating: Yes
  • 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: RED CLAY CONSOLIDATED
  • School District Key: 300200396545

Lot Info

  • Improvement Assessed Value: 37900.00
  • Land Assessed Value: 8900.00
  • Lot Size Acres: 0.14
  • Lot Dimensions: 50X125
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6098.00
  • Outdoor Living Structures: Patio(s)
  • Zoning: NC5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2260696
  • Tax Annual Amount: 1497.00
  • Assessor Parcel Number: 07-042.40-412
  • Tax Lot: 412
  • Tax Year: 2017
  • Close Date: 11/30/2018

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2021
Sold by
Drysdale John R
Bought by
Drysdale Erin P
Current Estimated Value
$293,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$144,171
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$152,470

Purchase Details

Listed on
Oct 10, 2018
Closed on
Nov 30, 2018
Sold by
Joseph Bernice M and Collins Bernice
Bought by
Drysdale John R
Seller's Agent
Tom Riccio
RE/MAX Point Realty
Buyer's Agent
Chris Cashman
Patterson-Schwartz-Newark
List Price
$149,900
Sold Price
$120,000
Premium/Discount to List
-$29,900
-19.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.35%
Original Mortgage
$96,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2005
Sold by
Joseph Howard and Joseph Bernice M
Bought by
Joseph Bernice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,050
Interest Rate
5.95%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Drysdale Erin P -- None Available
Drysdale John R -- None Available
Joseph Bernice M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drysdale Erin P $160,000
Closed Drysdale John R $96,000
Previous Owner Joseph Bernice M $55,295
Previous Owner Joseph Bernice M $67,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2018 11/30/18 Sold $120,000 -19.9% $81 / Sq Ft
11/02/2018 11/02/18 Pending -- -- --
10/10/2018 10/10/18 For Sale $149,900 -- $102 / 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 $1,775 $46,800 $8,900 $37,900
2023 $1,572 $46,800 $8,900 $37,900
2022 $1,582 $46,800 $8,900 $37,900
2021 $1,581 $46,800 $8,900 $37,900
2020 $1,585 $46,800 $8,900 $37,900
2019 $1,862 $46,800 $8,900 $37,900
2018 $50 $46,800 $8,900 $37,900
2017 $1,464 $46,800 $8,900 $37,900
2016 $1,464 $46,800 $8,900 $37,900
2015 $1,373 $46,800 $8,900 $37,900
2014 $1,274 $46,800 $8,900 $37,900
Source: Public Records

Agents Affiliated with this Home

  • Tom Riccio

    Seller's Agent in 2018

    Tom Riccio

    RE/MAX

    (302) 893-0271

    66 in this area

    168 Total Sales

    Tom Riccio
    Section Image
  • Chris Cashman

    Buyer's Agent in 2018

    Chris Cashman

    Patterson Schwartz

    (302) 545-2233

    123 Total Sales

    Chris Cashman
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1009908050

Bright MLS

APN: 07-042.40-412

Delaware New Castle County Wilmington 19804 Ashley

524 Essex Ave, Wilmington, DE

This home is located at 524 Essex Ave, Wilmington, DE 19804 since 10 October 2018 and is currently estimated at $293,778, approximately $199 per square foot. This property was built in 1940. 524 Essex Ave is a home located in New Castle County with nearby schools including Richardson Park Elementary School, Stanton Middle School, and McKean (Thomas) High School.

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