NOT LISTED FOR SALE

601 S Van Buren St Wilmington, DE 19805

Hedgeville Neighborhood

Estimated Value: $207,000 - $219,000

-- Bed
2 Baths
-- Sq Ft
1,307 Sq Ft Lot

Last Sold February 29, 2024

Last sale price $180,000

Est. 18% increase in value since last sale

Current estimated payment $1,289/month

50 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Electric Baseboard Heater

About This Home

As of February 2024

Opportunity for cash flow with this two unit corner property in Wilmingtons Hedgville. Each unit is one bedroom with 1 bathroom with all appliances, separate electric. Currently vacant provides opportunity to select your own tenants. This is an easily rentable property in this high demand environment. Rents could be upwards of $1100 +/- per unit. First floor features tall ceiling, exposed brick wall, large bedroom, dining area, large bathroom and a walk in closet. 2nd floor unit features generous living space, large bedroom and efficient kitchen. Rear shed is included as is.

Last Agent to Sell the Property

Paul Pantano

Pantano Real Estate Inc Listed on: 11/29/2023

Last Buyer's Agent

Corey Harris

Crown Homes Real Estate License #RS-368137

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,084

Year Built

  • Built in 1910

Lot Details

  • 1,307 Sq Ft Lot
  • Corner Lot
  • Property is in average condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Stone Foundation

Utilities

  • Electric Baseboard Heater
  • 150 Amp Service
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Built-In Range
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Urban Location

Community Details

  • 2 Units
  • Hedgeville Subdivision

Listing and Financial Details

  • Tax Lot 317
  • Assessor Parcel Number 26-042.10-317

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,084

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • Inclusions: Existing appliances, included as is.
  • New Construction: No
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Built-In Range, Refrigerator
  • Flooring Type: Wood
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 601

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: 150 Amps
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890
  • School District Source: Listing Agent

Lot Info

  • Lot Features: Corner
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Property Condition: Average
  • Year Assessed: 2021
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1224.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 2084.00
  • Assessor Parcel Number: 26-042.10-317
  • Tax Lot: 317
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 02/29/2024

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2023
Closed on
Feb 29, 2024
Sold by
Star Properties Inc
Bought by
Rodriquez Jonathan
Seller's Agent
Paul Pantano
Pantano Real Estate Inc
Buyer's Agent
Corey Harris
Crown Homes Real Estate
List Price
$175,000
Sold Price
$180,000
Premium/Discount to List
$5,000
2.86%
Views
150
Current Estimated Value
$213,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,000
Avg. Annual Appreciation
10.53%
Original Mortgage
$170,592
Outstanding Balance
$168,560
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$38,940

Purchase Details

Listed on
Jul 1, 2021
Closed on
Sep 14, 2021
Sold by
Blue Rock Properties Llc
Bought by
Star Properties Llc
Seller's Agent
Jeff Derp
Long & Foster Real Estate, Inc.
Buyer's Agent
James Jones
EXP Realty, LLC
List Price
$139,900
Sold Price
$140,000
Premium/Discount to List
$100
0.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.76%
Original Mortgage
$125,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2021
Sold by
Garland Keith S
Bought by
Blue Rock Properties Llc

Purchase Details

Closed on
Oct 30, 2014
Sold by
Garland K Steven and Garland Keith S
Bought by
Garland Keith S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2011
Sold by
East Coast Properties Inc
Bought by
Garland K Steven

Purchase Details

Closed on
Nov 12, 2009
Sold by
Cutrona Donna M and Michael A Cutrona Revocable Tr
Bought by
East Coast Properties Inc

Purchase Details

Closed on
Mar 13, 2006
Sold by
Cutrona Michael A
Bought by
Cutrona Michael A and Michael A Cutrona Revocable Tr
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rodriquez Jonathan -- None Listed On Document
Star Properties Llc -- None Available
Blue Rock Properties Llc $80,000 Kirsh Title Services Inc
Garland Keith S -- None Available
Garland K Steven $85,000 Kirsh Title Services Inc
East Coast Properties Inc $48,500 Kirsh Title Services Inc
Cutrona Michael A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriquez Jonathan $170,592
Previous Owner Star Properties Llc $125,000
Previous Owner Garland Keith S $54,000
Previous Owner East Coast Properties Inc $50,000
Previous Owner East Coast Properties Inc $33,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $180,000 +2.9% --
01/18/2024 01/18/24 Pending -- -- --
11/29/2023 11/29/23 For Sale $175,000 +25.0% --
09/15/2021 09/15/21 Sold $140,000 +7.8% --
08/21/2021 08/21/21 Pending -- -- --
07/01/2021 07/01/21 Price Changed $129,900 -7.1% --
07/01/2021 07/01/21 For Sale $139,900 -- --
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 $1,346 $36,500 $3,300 $33,200
2023 $1,312 $36,500 $3,300 $33,200
2022 $1,298 $36,500 $3,300 $33,200
2021 $1,265 $36,500 $3,300 $33,200
2020 $1,228 $36,500 $3,300 $33,200
2019 $1,797 $36,500 $3,300 $33,200
2018 $978 $36,500 $3,300 $33,200
2017 $1,692 $36,500 $3,300 $33,200
2016 $1,692 $36,500 $3,300 $33,200
2015 $1,585 $36,500 $3,300 $33,200
2014 $1,585 $36,500 $3,300 $33,200
Source: Public Records

Agents Affiliated with this Home

  • Paul Pantano

    Seller's Agent in 2024

    Paul Pantano

    Pantano Real Estate Inc

    (302) 354-0792

    10 in this area

    196 Total Sales

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  • Corey Harris

    Buyer's Agent in 2024

    Corey Harris

    Crown Homes Real Estate

    (302) 729-2881

    10 in this area

    478 Total Sales

    Section Image
  • Craig Harris

    Buyer Co-Listing Agent in 2024

    Craig Harris

    Crown Homes Real Estate

    (302) 598-8281

    3 in this area

    105 Total Sales

    Section Image
  • Jeff Derp

    Seller's Agent in 2021

    Jeff Derp

    Long & Foster

    (302) 562-0942

    1 in this area

    99 Total Sales

    Section Image

  • J

    Buyer's Agent in 2021

    James Jones

    EXP Realty, LLC

    Section Image
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Map

Source: Bright MLS

MLS Number: DENC2053244

Bright MLS

APN: 26-042.10-317

Delaware New Castle County Wilmington 19805 Hedgeville

601 S Van Buren St, Wilmington, DE

This home is located at 601 S Van Buren St, Wilmington, DE 19805 since 29 November 2023 and is currently estimated at $213,000. This property was built in 1910. 601 S Van Buren St is a home located in New Castle County with nearby schools including The Bayard School, Glasgow High School, and St Elizabeth Elementary School.

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