721 E 7th St Wilmington, DE 19801
Downtown Wilmington Neighborhood
4
Beds
2
Baths
1,825
Sq Ft
1,307
Sq Ft Lot
Highlights
- Traditional Architecture
- Eat-In Kitchen
- En-Suite Primary Bedroom
- No HOA
- Living Room
- 4-minute walk to Herman M. Holloway, Sr. Park - Compton Park
About This Home
As of October 2023Large four bedroom, two full bath located in the City of Wilmington. Home needs repairs, but has great potential for a new owner.
Last Agent to Sell the Property
Patterson-Schwartz-Hockessin License #R3-0016334 Listed on: 06/09/2017
Last Buyer's Agent
Patterson-Schwartz-Hockessin License #R3-0016334 Listed on: 06/09/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $500
Year Built
- Built in 1922
Lot Details
- 1,307 Sq Ft Lot
- Lot Dimensions are 74x18
- Property is in below average condition
Parking
- On-Street Parking
Home Design
- Traditional Architecture
- Brick Exterior Construction
Interior Spaces
- 1,825 Sq Ft Home
- Property has 2 Levels
- Living Room
- Dining Room
- Eat-In Kitchen
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Primary Bedroom
- 2 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Utilities
- Heating System Uses Gas
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Wilm #17 Subdivision
Listing and Financial Details
- Assessor Parcel Number 2604410186
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 25, 2023
Closed on
Oct 18, 2023
Sold by
Amnet Esop Holdings Llc
Bought by
Zahra Llc
Seller's Agent
Phil Reggio
Patterson-Schwartz-Hockessin
Buyer's Agent
David Marcus
Concord Realty Group
List Price
$99,000
Sold Price
$74,000
Premium/Discount to List
-$25,000
-25.25%
Views
68
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
$101,893
Avg. Annual Appreciation
58.49%
Purchase Details
Closed on
Oct 9, 2019
Sold by
Jp Intercontinental Group Llc
Bought by
Amnet Esop Holdings Llc
Purchase Details
Listed on
Jun 9, 2017
Closed on
Aug 4, 2017
Sold by
Gold Phoenix Corporation
Bought by
Jp Intercontinental Group Llc
Seller's Agent
Daniel Logan
Patterson-Schwartz-Hockessin
Buyer's Agent
Daniel Logan
Patterson-Schwartz-Hockessin
List Price
$40,000
Sold Price
$37,500
Premium/Discount to List
-$2,500
-6.25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.17%
Purchase Details
Listed on
Aug 29, 2013
Closed on
Oct 25, 2013
Sold by
Bank Of America N A
Bought by
Gold Phoenix Corporation
Seller's Agent
Daniel Logan
Patterson-Schwartz-Hockessin
Buyer's Agent
Daniel Logan
Patterson-Schwartz-Hockessin
List Price
$18,700
Sold Price
$12,500
Premium/Discount to List
-$6,200
-33.16%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.63%
Purchase Details
Closed on
Aug 30, 2011
Sold by
Pritchett Andre L and Pritchett Teia S
Bought by
Pritchett Andre L
Purchase Details
Closed on
Apr 15, 2005
Sold by
Hampton Anabella D and Davis Stephen R
Bought by
Pritchett Andre L and Pritchett Teia S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
5.78%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
May 14, 2003
Sold by
Harrison Arlene M and Hornung Arlene M
Bought by
Cunha Anabella D and Davis Stephen R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
Similar Home 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Deed | -- | None Available | |
| Deed | -- | None Available | |
| Special Warranty Deed | $12,500 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $115,000 | -- | |
| Deed | $105,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $104,400 | Fannie Mae Freddie Mac | |
| Previous Owner | $103,500 | Fannie Mae Freddie Mac | |
| Previous Owner | $94,500 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/18/2023 10/18/23 | Sold | $74,000 | -25.3% | $41 / Sq Ft |
| 09/30/2023 09/30/23 | Pending | -- | -- | -- |
| 09/25/2023 09/25/23 | For Sale | $99,000 | +164.0% | $54 / Sq Ft |
| 08/18/2017 08/18/17 | Sold | $37,500 | -6.3% | $21 / Sq Ft |
| 06/12/2017 06/12/17 | Pending | -- | -- | -- |
| 06/09/2017 06/09/17 | For Sale | $40,000 | +220.0% | $22 / Sq Ft |
| 11/04/2013 11/04/13 | Sold | $12,500 | -33.2% | $7 / Sq Ft |
| 10/02/2013 10/02/13 | Pending | -- | -- | -- |
| 08/29/2013 08/29/13 | For Sale | $18,700 | -- | $10 / 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 | $335 | $9,100 | $1,800 | $7,300 |
| 2023 | $327 | $9,100 | $1,800 | $7,300 |
| 2022 | $324 | $9,100 | $1,800 | $7,300 |
| 2021 | $321 | $9,100 | $1,800 | $7,300 |
| 2020 | $306 | $9,100 | $1,800 | $7,300 |
| 2019 | $448 | $9,100 | $1,800 | $7,300 |
| 2018 | $870 | $9,100 | $1,800 | $7,300 |
| 2017 | $422 | $9,100 | $1,800 | $7,300 |
| 2016 | $422 | $9,100 | $1,800 | $7,300 |
| 2015 | $169 | $9,100 | $1,800 | $7,300 |
| 2014 | $395 | $9,100 | $1,800 | $7,300 |
Source: Public Records
Agents Affiliated with this Home
-
Phil Reggio
Seller's Agent in 2023
Phil Reggio
Patterson Schwartz
(302) 234-5252
3 in this area
32 Total Sales
-
David Marcus
Buyer's Agent in 2023
David Marcus
Concord Realty Group
(302) 545-3200
2 in this area
23 Total Sales
-
Daniel Logan
Seller's Agent in 2017
Daniel Logan
Patterson Schwartz
(302) 234-6089
1 in this area
170 Total Sales
Map
Source: Bright MLS
MLS Number: 1000066136
APN: 26-044.10-186
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