NOT LISTED FOR SALE

616 N Franklin St Wilmington, DE 19805

Cool Spring-Tilton Park Neighborhood

Estimated Value: $185,000 - $246,000

4 Beds
1 Bath
1,700 Sq Ft
$125/Sq Ft Est. Value

Last Sold September 15, 2016

Last sale price $40,000 $24 Per Sq Ft

Est. 429% increase in value since last sale

Current estimated payment $1,204/month

Highlights

  • No HOA
  • Living Room
  • Dining Room
  • Porch
  • En-Suite Primary Bedroom
  • 2-minute walk to Tilton Park

About This Home

As of September 2016

Attention Investors!! Large 4 bedroom house with fenced rear yard. Previously rented for $1100. Needs work. Photos taken prior to last tenant inhabiting the property. All reasonable offers considered. Owner also has another property at 2407 N. Madison that can be sold in combination with this property for reduced price on both.

Last Agent to Sell the Property

Linda Stapleford

(302) 275-8970 lindastapleford@aol.com Harrison Properties, Ltd. Listed on: 08/09/2016

Last Buyer's Agent

Tony Carlton

(302) 332-2021 carlton_estates@yahoo.com RE/MAX Associates-Wilmington License #RA-0030969

RE/MAX Associates-Wilmington

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1923

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 15x140
  • Property is in below average condition

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,700 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Laundry in Basement

Outdoor Features

  • Porch

Utilities

  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 065
  • Assessor Parcel Number 26-027.40-065

Townhouse Details

Home Type

Townhome

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1923
  • Remarks Public: Attention Investors!! Large 4 bedroom house with fenced rear yard. Previously rented for $1100. Needs work. Photos taken prior to last tenant inhabiting the property. All reasonable offers considered. Owner also has another property at 2407 N. Madison that can be sold in combination with this property for reduced price on both.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Levels Count: 2
  • Room Count: 7
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 1700
  • Living Area Sq Ft: 1700
  • Net Sq Ft: 1700.00
  • Price Per Sq Ft: 23.53
  • Above Grade Finished Sq Ft: 1700
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 616

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Electric, Baseboard
  • 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: RED CLAY CONSOLIDATED
  • School District Key: 300200396545

Lot Info

  • Improvement Assessed Value: 26100.00
  • Land Assessed Value: 5600.00
  • Lot Size Acres: 0.05
  • Lot Dimensions: 15X140
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Below Average
  • Zoning: 26R-3

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2404308
  • Tax Annual Amount: 1343.00
  • Assessor Parcel Number: 26-027.40-065
  • Tax Lot: 065
  • Tax Year: 2015
  • Close Date: 09/15/2016

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2016
Closed on
Sep 15, 2016
Sold by
Generational Holdings Llc
Bought by
Ernest Henderson Stephen
Seller's Agent
Linda Stapleford
Harrison Properties, Ltd.
Buyer's Agent
Tony Carlton
RE/MAX Associates-Wilmington
List Price
$40,000
Sold Price
$40,000
Current Estimated Value
$211,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,727
Avg. Annual Appreciation
20.30%

Purchase Details

Closed on
Jul 10, 2009
Sold by
Robinson Edmondo J and Robinson Rashonda T
Bought by
Generational Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
5.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2008
Sold by
Knight Shannon M
Bought by
Robinson Edmondo J and Robinson Rashonda T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,800
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2004
Sold by
Foster Susan M
Bought by
Knight Shannon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 20, 2004
Sold by
Miller James K
Bought by
Foster Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.16%
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
Ernest Henderson Stephen $40,000 None Available
Generational Holdings Llc -- None Available
Robinson Edmondo J $71,000 None Available
Knight Shannon M $110,000 --
Foster Susan M -- --
Miller James K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Robinson Edmondo J $56,800
Previous Owner Knight Shannon M $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2016 09/15/16 Sold $40,000 0.0% $24 / Sq Ft
08/15/2016 08/15/16 Pending -- -- --
08/09/2016 08/09/16 For Sale $40,000 -- $24 / 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 $989 $31,700 $5,600 $26,100
2023 $860 $31,700 $5,600 $26,100
2022 $864 $31,700 $5,600 $26,100
2021 $862 $31,700 $5,600 $26,100
2020 $0 $31,700 $5,600 $26,100
2019 $632 $31,700 $5,600 $26,100
2018 $863 $31,700 $5,600 $26,100
2017 $862 $31,700 $5,600 $26,100
2016 $817 $31,700 $5,600 $26,100
2015 $588 $31,700 $5,600 $26,100
2014 $1,275 $31,700 $5,600 $26,100
Source: Public Records

Agents Affiliated with this Home

  • Linda Stapleford

    Seller's Agent in 2016

    Linda Stapleford

    Harrison Properties, Ltd.

    (302) 275-8970

    2 in this area

    11 Total Sales

    Linda Stapleford
    Section Image
  • Tony Carlton

    Buyer's Agent in 2016

    Tony Carlton

    RE/MAX

    (302) 332-2021

    1 in this area

    71 Total Sales

    Tony Carlton
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003955115

Bright MLS

APN: 26-027.40-065

Delaware New Castle County Wilmington 19805 Cool Spring-Tilton Park

616 N Franklin St, Wilmington, DE

This home is located at 616 N Franklin St, Wilmington, DE 19805 since 09 August 2016 and is currently estimated at $211,727, approximately $124 per square foot. This property was built in 1923. 616 N Franklin St is a home located in New Castle County with nearby schools including Lewis (William C.) Dual Language Elementary School, Skyline Middle School, and Alexis I. du Pont High School.

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