NOT LISTED FOR SALE

815 N Madison St Wilmington, DE 19801

Downtown Wilmington Neighborhood

Estimated Value: $261,000 - $344,145

-- Bed
3 Baths
675 Sq Ft
$454/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $250,000 $370 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,760/month

7 Days on Market

About This Home

As of April 2022

Well maintained three-unit building. All remaining leases are month to month

Last Agent to Sell the Property

Harry Wooding

(302) 542-1839 harrywooding285@gmail.com Taylor Properties License #R1-0003292 Listed on: 03/19/2022

Taylor Properties

Last Buyer's Agent

Stephanie Blake

(215) 906-7419 sblake.remax@gmail.com RE/MAX Point Realty License #345113

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,639

Year Built

  • Built in 1890

Lot Details

  • 1,360 Sq Ft Lot
  • Lot Dimensions are 16x85

Home Design

  • 675 Sq Ft Home
  • Triplex
  • Brick Exterior Construction
  • Block Foundation

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Natural Gas Water Heater
  • Public Septic

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 26-028.30-203

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,639

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1890
  • Automatically Close On Close Date: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Basement: No
  • Total Sq Ft: 675
  • Living Area Sq Ft: 675
  • Price Per Sq Ft: 362.96
  • Above Grade Finished Sq Ft: 675
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.03
  • Lot Dimensions: 16X85
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1360.00
  • Zoning: MULTI FAMILY
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2405208
  • Tax Annual Amount: 2639.00
  • Assessor Parcel Number: 26-028.30-203
  • Tax Year: 2021

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2023
Sold by
Rajan Vijay
Bought by
Hara Homes Llc
Current Estimated Value
$306,715

Purchase Details

Listed on
Mar 19, 2022
Closed on
May 25, 2022
Sold by
Durroh Sr Derrick M and Durroh Carmella
Bought by
Rajan Vijay
Seller's Agent
Harry Wooding
Taylor Properties
Buyer's Agent
Stephanie Blake
RE/MAX Point Realty
List Price
$235,000
Sold Price
$250,000
Premium/Discount to List
$15,000
6.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.83%
Original Mortgage
$164,250
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2013
Sold by
Levin Irvin L and Levin Phyllis M
Bought by
Durroh Derrick M and Durroh Carmella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,646
Interest Rate
3.35%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Date Buyer Sale Price Title Company
Hara Homes Llc -- --
Rajan Vijay -- None Listed On Document
Durroh Derrick M $166,194 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rajan Vijay $164,250
Previous Owner Durroh Derrick M $124,646
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2022 04/29/22 Sold $250,000 +2.0% $370 / Sq Ft
03/26/2022 03/26/22 Pending -- -- --
03/22/2022 03/22/22 Price Changed $245,000 +4.3% $363 / Sq Ft
03/19/2022 03/19/22 For Sale $235,000 -- $348 / 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 $1,828 $49,600 $5,100 $44,500
2023 $1,782 $49,600 $5,100 $44,500
2022 $1,764 $49,600 $5,100 $44,500
2021 $1,719 $49,600 $5,100 $44,500
2020 $1,669 $49,600 $5,100 $44,500
2019 $2,441 $49,600 $5,100 $44,500
2018 $976 $49,600 $5,100 $44,500
2017 $2,300 $49,600 $5,100 $44,500
2016 $2,300 $49,600 $5,100 $44,500
2015 $2,154 $49,600 $5,100 $44,500
2014 $2,154 $49,600 $5,100 $44,500
Source: Public Records

Agents Affiliated with this Home

  • Harry Wooding

    Seller's Agent in 2022

    Harry Wooding

    Taylor Properties

    (302) 542-1839

    1 in this area

    25 Total Sales

    Harry Wooding
    Section Image

  • S

    Buyer's Agent in 2022

    Stephanie Blake

    RE/MAX

    Section Image
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Map

Source: Bright MLS

MLS Number: DENC2019856

Bright MLS

APN: 26-028.30-203

Delaware New Castle County Wilmington 19801 Downtown Wilmington

815 N Madison St, Wilmington, DE

Not Listed for Sale

MultiFamily

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