NOT LISTED FOR SALE

5501 Highland Ct Unit 5501 Wilmington, DE 19802

Estimated Value: $174,000 - $233,161

3 Beds
3 Baths
-- Sq Ft
$393/mo HOA Fee

Last Sold February 05, 2021

Last sale price $149,900

Est. 40% increase in value since last sale

Current estimated payment $1,714/month

Highlights

  • Fitness Center
  • Contemporary Architecture
  • Tennis Courts
  • Pierre S. Dupont Middle School Rated A-
  • Community Pool
  • Fireplace

About This Home

As of February 2021

Back on the market due to buyer's financing fell through. Welcome to the rare 3 story unit in Paladin features 3 bedrooms and 3 full baths. Care-free living, no more grass to mow or snow to remove. All taken care of by the association. Main level features, Great room entry with cozy fireplace, fully updated eat-in kitchen with stainless steel appliances, double sink, and the countertop overlooking the dining room and the door to the deck. The upper floor features the master suite with a full bath, cathedral ceiling, 2 large closets. The hall bath and 2nd bedroom completes the upper level. The third bedroom is located on the lower level and could be used as a den, family room, or office. The unit has neutral paint throughout and HVAC is just updated in 2017. Enjoy work out in your community gym, swim in an indoor pool as well as the outdoor pool. Close to all Major Rts, shopping, and eatery. Don't miss your opportunity to own a care-free living in N.Wilmington. This is not FHA approved Condo.

Last Agent to Sell the Property

Mia Burch

(302) 598-4069 mamamiade@gmail.com Long & Foster Real Estate, Inc. License #RA-0030955 Listed on: 08/19/2020

Long & Foster Real Estate, Inc.

Co-Listed By

PAUL BURCH

(302) 598-1871 paul.burch.realtor@gmail.com Long & Foster Real Estate, Inc. License #RS348815

Last Buyer's Agent

Heather Palmer

(302) 229-9438 heather.palmer@longandfoster.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1998 | Remodeled in 2016

Lot Details

  • Property is in very good condition

HOA Fees

  • $393 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Architectural Shingle Roof

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • Driveway
  • Off-Street Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 062.C.5501
  • Assessor Parcel Number 06-149.00-062.C.5501

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn care front, lawn care rear, lawn care side, lawn maintenance, pool(s), recreation facility, snow removal, trash, health club, water
  • Paladin Club Condominium/Mastriana Condos, Phone Number (302) 234-4860
  • Paladin Club Subdivision

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Year Built

Built in 1998 | Remodeled in 2016

Lot Details

0

HOA Fees

$393 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Exclusions: Video Monitoring system
  • Home Warranty: No
  • Inclusions: All Appliances, 'As-Is'
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1998
  • Year Renovated: 2016
  • Automatically Close On Close Date: No
  • Remarks Public: Back on the market due to buyer's financing fell through. Welcome to the rare 3 story unit in Paladin features 3 bedrooms and 3 full baths. Care-free living, no more grass to mow or snow to remove. All taken care of by the association. Main level features, Great room entry with cozy fireplace, fully updated eat-in kitchen with stainless steel appliances, double sink, and the countertop overlooking the dining room and the door to the deck. The upper floor features the master suite with a full bath, cathedral ceiling, 2 large closets. The hall bath and 2nd bedroom completes the upper level. The third bedroom is located on the lower level and could be used as a den, family room, or office. The unit has neutral paint throughout and HVAC is just updated in 2017. Enjoy work out in your community gym, swim in an indoor pool as well as the outdoor pool. Close to all Major Rts, shopping, and eatery. Don't miss your opportunity to own a care-free living in N.Wilmington. This is not FHA approved Condo.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Dryer, Disposal, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Laminated
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Kitchen - Eat-In, Primary Bath(s), Pantry, Tub Shower, Walk-In Closet(s)
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished, Full
  • Laundry Type: Basement
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5501

Beds/Baths

  • Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, Driveway

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 393.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Paladin Club Condominium/Mastriana
  • Condo Co-Op Phone: 302-234-4860
  • HOA Condo Co-Op Amenities: Exercise Room, Swimming Pool, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Pool(s), Recreation Facility, Snow Removal, Trash, Health Club, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 55600.00
  • Land Assessed Value: 9800.00
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: NCAP
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2248739
  • School Tax: 1772.00
  • Tax Annual Amount: 2314.00
  • Assessor Parcel Number: 06-149.00-062.C.5501
  • Tax Lot: 062.C.5501
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 02/05/2021

MLS Schools

  • School District Name: BRANDYWINE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2020
Closed on
Feb 4, 2021
Sold by
Kim Jin Hong and Kim Sylvia
Bought by
Gonzalez Alma and Gonzalez Victor
Seller's Agent
Mia Burch
Long & Foster Real Estate, Inc.
Buyer's Agent
Heather Palmer
Long & Foster Real Estate, Inc.
List Price
$149,900
Sold Price
$149,900
Current Estimated Value
$210,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,154
Avg. Annual Appreciation
7.51%

Purchase Details

Listed on
Nov 16, 2016
Closed on
Dec 27, 2016
Sold by
Cain Calvin and Cain Felmonia
Bought by
Kim Jin Hong and Kim Sylvia
Seller's Agent
Carol McKennon
Patterson-Schwartz - Greenville
Buyer's Agent
Mia Burch
Long & Foster Real Estate, Inc.
List Price
$145,000
Sold Price
$139,501
Premium/Discount to List
-$5,499
-3.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.76%
Original Mortgage
$132,525
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2004
Sold by
Edgewood Village Llc
Bought by
Cain Calvin and Cain Felmonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
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
Gonzalez Alma -- None Available
Kim Jin Hong -- None Available
Cain Calvin $177,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kim Jin Hong $132,525
Previous Owner Cain Calvin $142,000
Closed Cain Calvin $35,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2021 02/05/21 Sold $149,900 0.0% --
12/02/2020 12/02/20 For Sale $149,900 0.0% --
10/08/2020 10/08/20 Pending -- -- --
08/19/2020 08/19/20 For Sale $149,900 +7.5% --
12/27/2016 12/27/16 Sold $139,501 -3.8% --
11/22/2016 11/22/16 Pending -- -- --
11/16/2016 11/16/16 For Sale $145,000 -- --
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 $2,489 $65,400 $9,800 $55,600
2023 $2,275 $65,400 $9,800 $55,600
2022 $2,314 $65,400 $9,800 $55,600
2021 $2,314 $65,400 $9,800 $55,600
2020 $2,314 $65,400 $9,800 $55,600
2019 $2,310 $65,400 $9,800 $55,600
2018 $2,211 $65,400 $9,800 $55,600
2017 $2,176 $65,400 $9,800 $55,600
2016 $2,176 $65,400 $9,800 $55,600
2015 $2,002 $65,400 $9,800 $55,600
2014 $2,000 $65,400 $9,800 $55,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC507470

Bright MLS

APN: 06-149.00-062.C-5501