$100,000
SOLD MAR 2, 2018
6 Beds
4 Baths
2,700 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$37 Per Sq Ft

17% Below List Price

Highlights

  • 0.06 Acre Lot
  • No HOA
  • En-Suite Primary Bedroom
  • Traditional Architecture
  • Living Room
  • 3-minute walk to Helen Chambers Playground

About This Home

As of March 2018

Exciting investment opportunity at 811 W. 8th Street. in Wilmington. This is a 2-unit building in the Heart of the City offering easy access to I-95, downtown Wilmington, Trolley Square, and Little Italy. Close to Bus line. Unit 1 is a 1,700 square foot, 4 bedroom apartment with 1.5 bathrooms. Monthly rental income potential of 1,000 to 1,200 a month. Unit 1 has access to a full (unfinished) basement. Unit 2 is a 990 square foot, 2 Bedroom apartment with 1.5 bathrooms. Monthly rental income potential between 750 to 800 a month. BOTH UNITS FEATURE: All new mechanical systems: Gas/Baseboard Heating New Water Heaters New Kitchens & Baths New Appliances New Carpet Freshly Painted Ceiling Fans in every bedroom 2 Car parking (total) Asking 119,900 Don't miss out on this great investment opportunity ? Will not be on the market long! For more information and a showing, please contact Valerie Vassar at 302.652.3991 x-107 or 302.690.2841 (c). This is a Multi-Family Unit please reference 7023409 in the Multi listing.

Last Agent to Sell the Property

Valerie Vassar

Healthy Real Estate & Associates License #RS-0023079 Listed on: 06/21/2017

Last Buyer's Agent

Valerie Vassar

Healthy Real Estate & Associates License #RS-0023079 Listed on: 06/21/2017

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1869

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 26x100
  • Property is zoned 26R-3

Parking

  • 2 Open Parking Spaces

Home Design

  • Traditional Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,700 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Wall to Wall Carpet
  • Unfinished Basement
  • Partial Basement
  • Cooktop
  • Laundry on upper level

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Schools

  • Christiana High School

Utilities

  • Hot Water Baseboard Heater
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Wilm #01 Subdivision

Listing and Financial Details

  • Tax Lot 390
  • Assessor Parcel Number 26-027.40-390

Home Details

Home Type

Single Family

Year Built

Built in 1869

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1869
  • Remarks Public: Exciting investment opportunity at 811 W. 8th Street. in Wilmington. This is a 2-unit building in the Heart of the City offering easy access to I-95, downtown Wilmington, Trolley Square, and Little Italy. Close to Bus line. Unit 1 is a 1,700 square foot, 4 bedroom apartment with 1.5 bathrooms. Monthly rental income potential of 1,000 to 1,200 a month. Unit 1 has access to a full (unfinished) basement. Unit 2 is a 990 square foot, 2 Bedroom apartment with 1.5 bathrooms. Monthly rental income potential between 750 to 800 a month. BOTH UNITS FEATURE: All new mechanical systems: Gas/Baseboard Heating New Water Heaters New Kitchens & Baths New Appliances New Carpet Freshly Painted Ceiling Fans in every bedroom 2 Car parking (total) Asking 119,900 Don't miss out on this great investment opportunity ? Will not be on the market long! For more information and a showing, please contact Valerie Vassar at 302.652.3991 x-107 or 302.690.2841 (c). This is a Multi-Family Unit please reference 7023409 in the Multi listing.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop
  • Flooring Type: Fully Carpeted
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Levels Count: 3+
  • Room Count: 11
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Laundry Type: Upper Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2700
  • Living Area Sq Ft: 2700
  • Net Sq Ft: 2700.00
  • Price Per Sq Ft: 44.41
  • Above Grade Finished Sq Ft: 2700
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 811

Beds/Baths

  • Bedrooms: 6
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding, Vinyl Siding, Brick
  • Access To Pool: No
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water, Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: CHRISTINA
  • High School: CHRISTIANA
  • School District Key: 300200396890
  • High School: CHRISTIANA

Lot Info

  • Improvement Assessed Value: 56900.00
  • Land Assessed Value: 10300.00
  • Lot Size Acres: 0.06
  • Lot Dimensions: 26X100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Property Attached Yn: No
  • Zoning: 26R-3

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2404633
  • Tax Annual Amount: 3137.00
  • Assessor Parcel Number: 26-027.40-390
  • Tax Lot: 390
  • Tax Year: 2017
  • Close Date: 03/02/2018

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2019
Sold by
Johnson Maurice and Johnson Nick
Bought by
Panther Realty Llc
Current Estimated Value
$352,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jul 21, 2017
Closed on
Mar 2, 2018
Sold by
Interfaith Community Housing Of Delaware
Bought by
Johnson Maurice and Walker Nick
Seller's Agent
Valerie Vassar
Healthy Real Estate & Associates
Buyer's Agent
Valerie Vassar
Healthy Real Estate & Associates
List Price
$119,900
Sold Price
$100,000
Premium/Discount to List
-$19,900
-16.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.82%
Original Mortgage
$75,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2015
Sold by
2020 Properties Llc
Bought by
Interfaith Cmnty Hsng Of Delaware Inc

Purchase Details

Closed on
Mar 24, 2014
Sold by
Beruh David M
Bought by
2020 Properties Llc

Purchase Details

Closed on
Apr 2, 2008
Sold by
Beruh David M
Bought by
Urban Gazelle Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
5.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 20, 2007
Sold by
Hsbc Bank Usa Na
Bought by
Beruh David M

Purchase Details

Closed on
Jun 11, 2007
Sold by
Corrin Kenneth M
Bought by
Hsbc Bank Usa Na and Nomura Asset Acceptance Corp

Purchase Details

Closed on
Aug 12, 2005
Sold by
Mullen Michael J
Bought by
Corrin Kenneth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,120
Interest Rate
8%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 13, 2003
Sold by
Kramen William
Bought by
Mullen Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,600
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 12, 2002
Sold by
Brevoort Frank L
Bought by
Kramen William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,600
Interest Rate
6.07%
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 Type Sale Price Title Company
Deed -- None Available
Deed -- None Available
Deed -- None Available
Sheriffs Deed $54,000 None Available
Deed -- None Available
Special Warranty Deed $110,000 None Available
Sheriffs Deed $91,000 None Available
Deed $178,900 --
Deed $164,000 Atlantic Title Abstract
Deed $147,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $370,000 New Conventional
Closed $222,000 Future Advance Clause Open End Mortgage
Previous Owner $75,000 New Conventional
Previous Owner $122,500 Unknown
Previous Owner $143,120 Fannie Mae Freddie Mac
Previous Owner $26,835 Stand Alone Second
Previous Owner $147,600 Purchase Money Mortgage
Previous Owner $117,600 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2018 03/02/18 Sold $100,000 0.0% $40 / Sq Ft
03/02/2018 03/02/18 Sold $100,000 0.0% $37 / Sq Ft
07/28/2017 07/28/17 Pending -- -- --
07/28/2017 07/28/17 Pending -- -- --
07/25/2017 07/25/17 Off Market $100,000 -- --
07/25/2017 07/25/17 Off Market $100,000 -- --
07/21/2017 07/21/17 For Sale $119,900 0.0% $48 / Sq Ft
06/21/2017 06/21/17 For Sale $119,900 -- $44 / 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 $2,477 $67,200 $10,300 $56,900
2023 $2,415 $67,200 $10,300 $56,900
2022 $2,391 $67,200 $10,300 $56,900
2021 $2,329 $67,200 $10,300 $56,900
2020 $2,262 $67,200 $10,300 $56,900
2019 $3,308 $67,200 $10,300 $56,900
2018 $503 $67,200 $10,300 $56,900
2017 $1,869 $67,200 $10,300 $56,900
2016 $1,869 $67,200 $10,300 $56,900
2015 $1,248 $67,200 $10,300 $56,900
2014 $1,247 $67,200 $10,300 $56,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000446099

Bright MLS

APN: 26-027.40-390