NOT LISTED FOR SALE

8 E 37th St Wilmington, DE 19802

Estimated Value: $190,680

0.07 Acres
$2,724,000 Price per Acre
3,049 Sq Ft Lot

Sale Details

Date Sold: November 1, 2022

Last sale price $20,000

Est. 853% increase in value since last sale

Current estimated payment $1,100 / mo

31 Days on Market

About This Lot

As of November 2022

Welcome to Penn Rose! Conveniently located ever so slightly outside the City of Wilmington proper, yet, provides an urban feel and lifestyle! This vacant and mostly cleared lot is ready for your ideas to develop and turn into an income producing property, or perfect for the small business operator that would like to craft their home base. At some point in the recent past, there was a physical structure on this lot, which suffered some fire damage, and necessitated its removal. So now it's time for you to get with your architect and engineer to develop your plans and then put out for bids to execute! Seller has no knowledge of any utilities that may remain in the right of way. Property being sold "As Is". All Buyers should vet this lot for their intended purpose and conduct any necessary due diligence to satisfy themselves of the potential for this property. This lot is zoned Commercial Regional. Please contact New Castle County department of Land Use to meet with a Land Planner, and discuss the possibilities for improving the land. No transfer tax at time of final settlement to Buyer. Excellent opportunity for the aspiring land lord or end user to purchase a nice sized, mostly cleared lot and create a new structure for commercial use!

Last Agent to Sell the Property

Joseph P Hurley III

(302) 888-0300 paul@pantanorealestate.com Pantano Real Estate Inc License #RS-0018346 Listed on: 09/13/2022

Last Buyer's Agent

datacorrect BrightMLS

(844) 552-7444 datacorrect@brightmls.com Non Subscribing Office License #0225194075

Property Details

Property Type

  • Land

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 42.00 x 82.00
  • Property is zoned CR

Community Details

  • No Home Owners Association
  • Penn Rose Subdivision

Listing and Financial Details

  • Tax Lot 005
  • Assessor Parcel Number 06-144.00-005

Property Details

Property Type

Land

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Commercial
  • Historic: No
  • Inclusions: As Shown
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 13.12

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Size Acres: 0.07
  • Lot Dimensions: 42.00 x 82.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Zoning: CR
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Lease In Effect: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2247000
  • School Tax Pymnt Freq: Annually
  • Assessor Parcel Number: 06-144.00-005
  • Tax Lot: 005
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: BRANDYWINE

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2022
Closed on
Nov 1, 2022
Sold by
Bought by
Seller's Agent
Joseph P Hurley III
Pantano Real Estate Inc
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$40,000
Sold Price
$20,000
Premium/Discount to List
-$20,000
-50%
Views
52
Current Estimated Value
$190,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,680
Avg. Annual Appreciation
85.79%

Purchase Details

Closed on
Aug 5, 2022
Sold by
Bought by

Purchase Details

Closed on
Aug 31, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.92%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
$6,800 None Listed On Document
$70,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $70,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/01/2022 11/01/22 Sold $20,000 -50.0% --
09/13/2022 09/13/22 For Sale $40,000 -- --
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $868 $222,600 $219,300 $3,300
2024 $355 $9,100 $9,100 --
2023 $329 $9,100 $9,100 $0
2022 $0 $9,100 $9,100 $0
2021 $2,875 $9,100 $9,100 $0
2020 $560 $9,100 $9,100 $0
2019 $869 $9,100 $9,100 $0
2018 $0 $9,100 $9,100 $0
2017 $869 $9,100 $9,100 $0
2016 $869 $9,100 $9,100 $0
2015 $285 $9,100 $9,100 $0
2014 $285 $9,100 $9,100 $0
Source: Public Records

Agents Affiliated with this Home

  • Joseph P Hurley III

    Seller's Agent in 2022

    Joseph P Hurley III

    Pantano Real Estate Inc

    (302) 740-5524

    12 in this area

    283 Total Sales

    Joseph P Hurley III
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Map

Source: Bright MLS

MLS Number: DENC2031302

Bright MLS

APN: 06-144.00-005

Delaware New Castle County Wilmington 19802

8 E 37th St, Wilmington, DE

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