711 N Spruce St Wilmington, DE 19801
Downtown Wilmington NeighborhoodEstimated Value: $115,000 - $136,422
4
Beds
1
Bath
1,300
Sq Ft
$100/Sq Ft
Est. Value
Highlights
- No HOA
- En-Suite Primary Bedroom
- Heating System Uses Gas
- Living Room
- Dining Room
- 4-minute walk to Herman M. Holloway, Sr. Park - Compton Park
About This Home
As of April 2017Investor Alert! Large 4 bedroom City of Wilmington Property, ready to be added to your portfolio. Needs work but could generate great cash flow, this is not a short sale or REO, home being sold "As Is" inspections for informational purposes only, owner will make no repairs, easy to show, put this one on your tour today.
Townhouse Details
Home Type
- Townhome
Year Built
- Built in 1900
Lot Details
- 1,307 Sq Ft Lot
- Lot Dimensions are 18x77
Parking
- On-Street Parking
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,300 Sq Ft Home
- Property has 2 Levels
- Living Room
- Dining Room
- Partial Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Primary Bedroom
- 1 Full Bathroom
Utilities
- Heating System Uses Gas
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 065
- Assessor Parcel Number 26-044.10-065
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 24, 2017
Closed on
Apr 7, 2017
Sold by
Johnson Andrea Taylor
Bought by
Gibbs Davis Properties Inc
Seller's Agent
Evette Morrow
ELM Properties
Buyer's Agent
Brenda Salemi
Tesla Realty Group, LLC
List Price
$19,900
Sold Price
$17,000
Premium/Discount to List
-$2,900
-14.57%
Total Days on Market
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,106
Avg. Annual Appreciation
28.28%
Purchase Details
Closed on
Dec 2, 2016
Sold by
Johnson Richard A
Bought by
Johnson Andrea Taylor
Purchase Details
Closed on
Jun 23, 2006
Sold by
Ferris Properties Inc
Bought by
Johnson Richard A and Johnson Andrea Taylor
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,550
Interest Rate
9.95%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 10, 2002
Sold by
Eid Hatem G
Bought by
Ferris Properties Inc
Similar Homes in Wilmington, DE
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gibbs Davis Properties Inc | -- | None Available | |
| Johnson Andrea Taylor | -- | None Available | |
| Johnson Richard A | $69,000 | None Available | |
| Ferris Properties Inc | $459,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Delaware Eye Real Estate Llc | $360,000 | |
| Closed | Gibbs David Properties Inc | $32,500 | |
| Previous Owner | Johnson Richard A | $65,550 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/07/2017 04/07/17 | Sold | $17,000 | -14.6% | $13 / Sq Ft |
| 03/02/2017 03/02/17 | Pending | -- | -- | -- |
| 02/24/2017 02/24/17 | For Sale | $19,900 | -- | $15 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $571 | $15,500 | $1,800 | $13,700 |
| 2023 | $557 | $15,500 | $1,800 | $13,700 |
| 2022 | $551 | $15,500 | $1,800 | $13,700 |
| 2021 | $984 | $15,500 | $1,800 | $13,700 |
| 2020 | $392 | $15,500 | $1,800 | $13,700 |
| 2019 | $763 | $15,500 | $1,800 | $13,700 |
| 2018 | $446 | $15,500 | $1,800 | $13,700 |
| 2017 | $432 | $15,500 | $1,800 | $13,700 |
| 2016 | $2,440 | $15,500 | $1,800 | $13,700 |
| 2015 | $673 | $15,500 | $1,800 | $13,700 |
| 2014 | $673 | $15,500 | $1,800 | $13,700 |
Source: Public Records
Agents Affiliated with this Home
-
Evette Morrow
Seller's Agent in 2017
Evette Morrow
ELM Properties
(302) 229-8723
18 in this area
52 Total Sales
-
Brenda Salemi
B
Buyer's Agent in 2017
Brenda Salemi
Tesla Realty Group, LLC
(302) 252-7071
1 in this area
14 Total Sales
Map
Source: Bright MLS
MLS Number: 1000061050
APN: 26-044.10-065
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