NOT LISTED FOR SALE

711 Concord Ave Wilmington, DE 19802

Ninth Ward Neighborhood

Estimated Value: $433,273 - $682,000

-- Bed
3 Baths
3,850 Sq Ft
$149/Sq Ft Est. Value

Last Sold March 28, 2017

Last sale price $259,900 $68 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $3,317/month

Highlights

  • 0.16 Acre Lot
  • No HOA
  • En-Suite Primary Bedroom
  • Wood Flooring
  • Cooling System Mounted In Outer Wall Opening
  • 1-minute walk to Harrison Triangle Park

About This Home

As of March 2017

SOLD BEFORE PROCESSING. Fully rented, Rock Solid Multi-Family Brick Building with Stone front porch, nice foyer with sitting area and fireplace. Separate electric, Heat, and Hot water for all units. Heaters and Hot Water Heaters replaced five years ago and roof is in great shape. Building has it's own Parking lot for tenants. Laundry machines and storage in basement. All of this is located just minutes from bus stops, parks, and much more..

Last Agent to Sell the Property

Michael McCullough

Long & Foster Real Estate, Inc. Listed on: 02/23/2017

Long & Foster Real Estate, Inc.

Last Buyer's Agent

PATRICK D. LORENZ

Patterson-Schwartz - Greenville

Patterson-Schwartz - Greenville

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,829

Year Built

  • Built in 1920

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 61x115
  • Property is in good condition

Parking

  • Parking Lot

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation
  • Pitched Roof
  • Stone Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 3,850 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas
  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 126
  • Assessor Parcel Number 26-015.10-126

Community Details

Overview

  • No Home Owners Association
  • Wilm #03 Subdivision

Additional Features

  • Laundry Facilities
  • Operating Expense $3,829

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,829

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement
  • Year Built: 1920
  • Remarks Public: SOLD BEFORE PROCESSING. Fully rented, Rock Solid Multi-Family Brick Building with Stone front porch, nice foyer with sitting area and fireplace. Separate electric, Heat, and Hot water for all units. Heaters and Hot Water Heaters replaced five years ago and roof is in great shape. Building has it's own Parking lot for tenants. Laundry machines and storage in basement. All of this is located just minutes from bus stops, parks, and much more..
  • Special Features: None

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Stone
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Common
  • Total Sq Ft: 3850
  • Living Area Sq Ft: 3850
  • Price Per Sq Ft: 68.81
  • Above Grade Finished Sq Ft: 3850
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 711

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick, Stone
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Flat, Pitched
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: RED CLAY CONSOLIDATED
  • School District Key: 300200396545

Lot Info

  • Improvement Assessed Value: 75600.00
  • Land Assessed Value: 10400.00
  • Lot Size Acres: 0.16
  • Lot Dimensions: 61X115
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6970.00
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: 26R2A

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 37980.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Assessor Parcel Number: 2393941
  • Tax Annual Amount: 3829.00
  • Assessor Parcel Number: 26-015.10-126
  • Tax Lot: 126
  • Tax Year: 2016
  • Close Date: 03/28/2017

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2017
Closed on
Apr 3, 2017
Sold by
True Bearing Properties Llc Series 3
Bought by
Tursi Michael A and Tursi Gabriel M
Seller's Agent
Michael McCullough
Long & Foster Real Estate, Inc.
Buyer's Agent
PATRICK D. LORENZ
Patterson-Schwartz - Greenville
List Price
$264,900
Sold Price
$259,900
Premium/Discount to List
-$5,000
-1.89%
Current Estimated Value
$564,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,056
Avg. Annual Appreciation
7.06%
Original Mortgage
$194,925
Outstanding Balance
$163,643
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$296,833

Purchase Details

Listed on
Jun 30, 2015
Closed on
Sep 10, 2015
Sold by
The Agnes Reclare Kanal Revocable Granto
Bought by
True Bearing Properties Llc Series 3
Seller's Agent
Maximo Rodriguez
Patterson-Schwartz-Hockessin
Buyer's Agent
Laurence Lee
Patterson-Schwartz - Greenville
List Price
$199,900
Sold Price
$192,000
Premium/Discount to List
-$7,900
-3.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.57%
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
Tursi Michael A $259,900 None Available
True Bearing Properties Llc Series 3 $192,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tursi Michael A $194,925
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2017 03/28/17 Sold $259,900 -1.9% $68 / Sq Ft
02/23/2017 02/23/17 Pending -- -- --
02/23/2017 02/23/17 For Sale $264,900 +38.0% $69 / Sq Ft
09/10/2015 09/10/15 Sold $192,000 -4.0% $50 / Sq Ft
07/08/2015 07/08/15 Pending -- -- --
06/30/2015 06/30/15 For Sale $199,900 -- $52 / 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 $2,683 $86,000 $10,400 $75,600
2023 $2,332 $86,000 $10,400 $75,600
2022 $2,343 $86,000 $10,400 $75,600
2021 $2,339 $86,000 $10,400 $75,600
2020 $2,352 $86,000 $10,400 $75,600
2019 $4,081 $86,000 $10,400 $75,600
2018 $2,342 $86,000 $10,400 $75,600
2017 $2,337 $86,000 $10,400 $75,600
2016 $2,215 $86,000 $10,400 $75,600
2015 $3,644 $86,000 $10,400 $75,600
2014 $3,460 $86,000 $10,400 $75,600
Source: Public Records

Agents Affiliated with this Home

  • Michael McCullough

    Seller's Agent in 2017

    Michael McCullough

    Long & Foster

    (302) 893-7601

    153 Total Sales

    Section Image
  • PATRICK D. LORENZ

    Buyer's Agent in 2017

    PATRICK D. LORENZ

    Patterson Schwartz

    (302) 429-4500

    1 in this area

    82 Total Sales

    Section Image
  • Maximo Rodriguez

    Seller's Agent in 2015

    Maximo Rodriguez

    Patterson Schwartz

    (302) 239-3021

    51 Total Sales

    Section Image

  • L

    Buyer's Agent in 2015

    Laurence Lee

    Patterson Schwartz

    (302) 593-4042

    1 in this area

    26 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: 1000060904

Bright MLS

APN: 26-015.10-126

Delaware New Castle County Wilmington 19802 Ninth Ward

711 Concord Ave, Wilmington, DE

This home is located at 711 Concord Ave, Wilmington, DE 19802 since 23 February 2017 and is currently estimated at $574,758, approximately $149 per square foot. This property was built in 1920. 711 Concord Ave is a home located in New Castle County with nearby schools including Warner Elementary School, Dickinson (John) High School, and Skyline Middle School.

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