$110,000
SOLD MAR 31, 2022
-- Bed
-- Bath
1,475 Sq Ft
1,307 Sq Ft Lot

Recently Sold

$75 Per Sq Ft

27% Below List Price

30 Days on Market

Highlights

  • Traditional Architecture
  • Hot Water Heating System
  • 2-minute walk to Brown/Burton/Winchester Park

About This Home

As of March 2022

Nice opportunity to purchase an income producing duplex in the City of Wilmington. Both units are occupied with month to month long term tenants. Seller is willing to package three duplex's together. The addresses are 621 E. 22nd St, 110 W. 23rd St. and 2601 N. Market. Showing at owners request will only be on Saturday's between 11am- 2pm.

Last Agent to Sell the Property

Scott Farnan

BHHS Fox & Roach - Hockessin License #R3-0019815 Listed on: 01/23/2022

BHHS Fox & Roach - Hockessin

Last Buyer's Agent

Jennifer Lee

BHHS Fox & Roach-Greenville License #RS-0023453

BHHS Fox & Roach-Greenville

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $968

Year Built

  • Built in 1920

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 15.70 x 97.00

Parking

  • On-Street Parking

Home Design

  • 1,475 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Aluminum Siding
  • Vinyl Siding

Utilities

  • Hot Water Heating System
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 293
  • Assessor Parcel Number 26-029.20-293

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$968

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Tenants personal property
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Foundation Details: Stone
  • Total Sq Ft: 1475
  • Living Area Sq Ft: 1475
  • Price Per Sq Ft: 101.69
  • Above Grade Finished Sq Ft: 1475
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 621

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding, Aluminum Siding
  • 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
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Acres: 0.03
  • Lot Dimensions: 15.70 x 97.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Year Assessed: 2021
  • Zoning: 26R-3
  • In City Limits: Yes

Rental Info

  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 544.00
  • Tax Annual Amount: 968.00
  • Assessor Parcel Number: 26-029.20-293
  • Tax Lot: 293
  • Tax Total Finished Sq Ft: 1475
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 03/31/2022

Multi Family

  • Single Room Units Count: 7

MLS Schools

  • School District Name: BRANDYWINE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2022
Closed on
Mar 31, 2022
Sold by
Pathak Archit
Bought by
Ant Properties Llc
Seller's Agent
Scott Farnan
BHHS Fox & Roach - Hockessin
Buyer's Agent
Jennifer Lee
BHHS Fox & Roach-Greenville
List Price
$150,000
Sold Price
$110,000
Premium/Discount to List
-$40,000
-26.67%
Total Days on Market
30

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.66%
Original Mortgage
$82,500
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2005
Sold by
Property Exchange Llc
Bought by
Thompson Dino D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,400
Interest Rate
5.79%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 13, 2005
Sold by
One Pie Investments Llc
Bought by
Property Exchange Llc

Purchase Details

Closed on
May 4, 2005
Sold by
Wells Fargo Bank Minnesota Na
Bought by
One Pie Investments Llc

Purchase Details

Closed on
Nov 9, 2004
Sold by
Tate Ronald
Bought by
Wells Fargo Bank Minnesota Na and Delta Funding Home Equity Loan Trust 200
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 Type Sale Price Title Company
Deed -- --
Deed $110,000 None Listed On Document
Deed $86,750 --
Deed $45,000 --
Deed $42,000 --
Sheriffs Deed $51,150 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $82,500 New Conventional
Previous Owner $69,400 Fannie Mae Freddie Mac
Previous Owner $17,350 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 For Sale $125,000 +13.6% $85 / Sq Ft
05/27/2025 05/27/25 Pending -- -- --
03/31/2022 03/31/22 Sold $110,000 -26.7% $75 / Sq Ft
02/22/2022 02/22/22 Pending -- -- --
01/23/2022 01/23/22 For Sale $150,000 -- $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 $649 $20,100 $2,200 $17,900
2023 $373 $20,100 $2,200 $17,900
2022 $596 $20,100 $2,200 $17,900
2021 $595 $20,100 $2,200 $17,900
2020 $596 $20,100 $2,200 $17,900
2019 $1,000 $20,100 $2,200 $17,900
2018 $1,097 $20,100 $2,200 $17,900
2017 $945 $20,100 $2,200 $17,900
2016 $945 $20,100 $2,200 $17,900
2015 $892 $20,100 $2,200 $17,900
2014 $892 $20,100 $2,200 $17,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2015574

Bright MLS

APN: 26-029.20-293