NOT LISTED FOR SALE

8 W 28th St Wilmington, DE 19802

North Brandywine Neighborhood
-- Bed
-- Bath
2,375 Sq Ft
2,178 Sq Ft Lot

Last Sold September 13, 2019

Last sale price $133,000 $56 Per Sq Ft

8 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Property is in very good condition
  • Corner Lot
  • Hot Water Heating System
  • 5-minute walk to Tatnall Playground/One Love Park

About This Home

As of September 2019

Welcome to 408 W. 28th St. This corner property duplex offers the perfect turn key investment opportunity. Each unit offers two very spacious bedrooms and one bath. The main level unit has a long-term tenant and is very well maintained. The upper level unit offers hardwood flooring and also has a long-term tenant in place. In addition, this property offers plumbing updates, heating updates and new hot water heaters, all separately metered and set on a quiet block just minutes to public, transit 202 and downtown Wilmington. 408 W28th is a great property to add to your portfolio or the ideal starter property for the new investor.

Last Agent to Sell the Property

James Rice

(302) 540-0509 thejimricegroup@gmail.com Real of Pennsylvania License #RS308675 Listed on: 08/02/2019

Last Buyer's Agent

James Rice

(302) 540-0509 thejimricegroup@gmail.com Real of Pennsylvania License #RS308675 Listed on: 08/02/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 34.00 x 75.00
  • Corner Lot
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2,375 Sq Ft Home
  • Dining Area
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Fire Escape
  • Electric Oven or Range

Flooring

  • Wood
  • Carpet

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for insurance, real estate taxes
  • Tax Lot 015
  • Assessor Parcel Number 26-015.40-015

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Income includes apartment rentals
  • Net Operating Income $19,544

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • Exclusions: Sellers Personal Property, Tenants Personal Property
  • Inclusions: Negotiable
  • New Construction: No
  • Year Built: 1929
  • Remarks Public: Welcome to 408 W. 28th St. This corner property duplex offers the perfect turn key investment opportunity. Each unit offers two very spacious bedrooms and one bath. The main level unit has a long-term tenant and is very well maintained. The upper level unit offers hardwood flooring and also has a long-term tenant in place. In addition, this property offers plumbing updates, heating updates and new hot water heaters, all separately metered and set on a quiet block just minutes to public, transit 202 and downtown Wilmington. 408 W28th is a great property to add to your portfolio or the ideal starter property for the new investor.
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Electric, Dryer, Washer
  • Interior Amenities: Carpet, Dining Area, Wood Floors
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2375
  • Living Area Sq Ft: 2375
  • Price Per Sq Ft: 56.84
  • Above Grade Finished Sq Ft: 2375
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 408

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Fire Escape
  • 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
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: RED CLAY CONSOLIDATED
  • School District Key: 300200396545
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 34.00 x 75.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Property Condition: Good, Very Good
  • Year Assessed: 2018
  • Zoning: 26R-3
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Long Term, Month To Month
  • Owner Pays: Insurance, Taxes - Real Estate
  • Rent Control: No
  • Total Actual Rent: 21600.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 1095.00
  • Tax Annual Amount: 2056.00
  • Assessor Parcel Number: 26-015.40-015
  • Tax Lot: 015
  • Tax Total Finished Sq Ft: 2375
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 09/13/2019

Multi Family

  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2024
Sold by
Seo Anthony H
Bought by
North Market Street Llc-2713-2715 N Market Se

Purchase Details

Closed on
Jul 26, 2024
Sold by
Suh Young Wha and Seo Yun Sook
Bought by
Seo Anthony H

Purchase Details

Closed on
Jul 16, 2020
Sold by
Cho Yong and Cho Young Ae
Bought by
Suh Young Wha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 10, 1992
Bought by
Cho Young and Cho Yong
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
North Market Street Llc-2713-2715 N Market Se -- None Listed On Document
North Market Street Llc-2713-2715 N Market Se -- None Listed On Document
Seo Anthony H -- None Listed On Document
Suh Young Wha $640,000 None Available
Cho Young $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Suh Young Wha $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2019 09/13/19 Sold $133,000 -1.5% $56 / Sq Ft
08/12/2019 08/12/19 For Sale $135,000 +1.5% $57 / Sq Ft
08/10/2019 08/10/19 Off Market $133,000 -- --
08/10/2019 08/10/19 Pending -- -- --
08/02/2019 08/02/19 For Sale $125,000 -- $53 / 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 $1,002 $32,100 $31,000 $1,100
2023 $875 $32,100 $31,000 $1,100
2022 $875 $32,100 $31,000 $1,100
2021 $873 $32,100 $31,000 $1,100
2020 $878 $32,100 $31,000 $1,100
2019 $1,523 $32,100 $31,000 $1,100
2018 $581 $32,100 $31,000 $1,100
2017 $1,422 $32,100 $31,000 $1,100
2016 $1,422 $32,100 $31,000 $1,100
2015 $1,360 $32,100 $31,000 $1,100
2014 $1,291 $32,100 $31,000 $1,100
Source: Public Records

Agents Affiliated with this Home

  • James Rice

    Seller's Agent in 2019

    James Rice

    Real of Pennsylvania

    (302) 540-0509

    202 Total Sales

    James Rice
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Map

Source: Bright MLS

MLS Number: DENC482558

Bright MLS

APN: 26-022.20-353

Delaware New Castle County Wilmington 19802 North Brandywine

8 W 28th St, Wilmington, DE

This home is located at 8 W 28th St, Wilmington, DE 19802 since 02 August 2019. This property was built in 1929. 8 W 28th St is a home located in New Castle County with nearby schools including Shortlidge (Evan G.) Academy, Dickinson (John) High School, and Skyline Middle School.

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