Seller's Agent in 2021
Christopher Nolte
Coldwell Banker Realty
(302) 893-5893
3 in this area
182 Total Sales
817 N Madison St Wilmington, DE 19801
Downtown Wilmington NeighborhoodEstimated Value: $286,000 - $391,000
--
Bed
3
Baths
2,550
Sq Ft
$137/Sq Ft
Est. Value
Highlights
- No HOA
- Back Up Electric Heat Pump System
- 3-minute walk to Helen Chambers Playground
- Central Air
About This Home
As of September 2021INVESTOR ALERT! This fully rented triplex is totally turn key with tenants that want to stay. All three units are one bedroom with one bathroom, living room, kitchen and laundry. All of the units have central air and separate utilities. The only utility's that the owner pays are water and sewer that cost roughly $1,600 annually. The property is located in a great location close to shopping, restaurants, and public transportation. This would make a great first investment or a great addition to the experienced investor. Due to this property being fully rented all showings require either a pre approval or proof of funds prior to the showing and a minimum of 48 hours is required for all showings. sale is as is.
Last Agent to Sell the Property
(302) 893-5893 cgnolte@comcast.net Coldwell Banker Realty License #RA-0020574I Listed on: 07/22/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,543
Year Built
- Built in 1890
Lot Details
- 1,307 Sq Ft Lot
- Lot Dimensions are 16.00 x 85.00
Home Design
- Triplex
- Brick Exterior Construction
Interior Spaces
- 2,550 Sq Ft Home
- Basement Fills Entire Space Under The House
Parking
- 1 Parking Space
- 1 Driveway Space
- On-Street Parking
Utilities
- Central Air
- Back Up Electric Heat Pump System
- Electric Water Heater
Community Details
- No Home Owners Association
- 3 Units
Listing and Financial Details
- The owner pays for sewer, water
- Tax Lot 204
- Assessor Parcel Number 26-028.30-204
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 22, 2021
Closed on
Sep 15, 2021
Sold by
Hallmark Properties Llc
Bought by
Panther Realty Llc
Seller's Agent
Christopher Nolte
Coldwell Banker Realty
Buyer's Agent
Brent Applebaum
Coldwell Banker Realty
List Price
$225,000
Sold Price
$225,000
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
$124,836
Avg. Annual Appreciation
10.92%
Original Mortgage
$180,000
Outstanding Balance
$163,787
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$186,049
Purchase Details
Closed on
Apr 3, 2012
Sold by
Straker Lori
Bought by
Hallmark Properties Llc
Purchase Details
Closed on
Jul 29, 2011
Sold by
Hallmark Propertires Llc
Bought by
Straker Lori
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,900
Interest Rate
4.51%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Feb 21, 2007
Sold by
Straker Clem and Straker Lori
Bought by
Hallmark Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,800
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 18, 2004
Sold by
Hallmark Properties Llc
Bought by
Straker Clem and Straker Lori
Purchase Details
Closed on
Jan 24, 2003
Sold by
Straker Clem H and Straker Lori
Bought by
Hallmark Properties Llc
Purchase Details
Closed on
Oct 23, 2001
Sold by
Reynolds Thomas C and Reynolds Mary Pat
Bought by
Straker Clem H and Straker Lori
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
6.7%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Panther Realty Llc | -- | None Available | |
| Hallmark Properties Llc | -- | None Available | |
| Straker Lori | -- | Global Title Inc | |
| Hallmark Properties Llc | -- | The Security Title Guarantee | |
| Straker Clem | -- | The Security Title Guarantee | |
| Straker Clem | -- | Security Title Guarantee Cor | |
| Hallmark Properties Llc | -- | Security Title Guarantee Cor | |
| Hallmark Properties Llc | -- | -- | |
| Straker Clem H | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Panther Realty Llc | $180,000 | |
| Previous Owner | Straker Lori | $144,900 | |
| Previous Owner | Straker Clem | $149,800 | |
| Previous Owner | Straker Clem H | $102,000 | |
| Closed | Straker Clem H | $19,125 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/03/2021 09/03/21 | Sold | $225,000 | 0.0% | $88 / Sq Ft |
| 07/25/2021 07/25/21 | Pending | -- | -- | -- |
| 07/22/2021 07/22/21 | For Sale | $225,000 | -- | $88 / 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 | $1,762 | $47,800 | $6,500 | $41,300 |
| 2023 | $1,718 | $47,800 | $6,500 | $41,300 |
| 2022 | $1,700 | $47,800 | $6,500 | $41,300 |
| 2021 | $1,657 | $47,800 | $6,500 | $41,300 |
| 2020 | $1,609 | $47,800 | $6,500 | $41,300 |
| 2019 | $2,353 | $47,800 | $6,500 | $41,300 |
| 2018 | $124 | $47,800 | $6,500 | $41,300 |
| 2017 | $2,216 | $47,800 | $6,500 | $41,300 |
| 2016 | $2,216 | $47,800 | $6,500 | $41,300 |
| 2015 | $2,076 | $47,800 | $6,500 | $41,300 |
| 2014 | $2,075 | $47,800 | $6,500 | $41,300 |
Source: Public Records
Agents Affiliated with this Home
-
Christopher Nolte
-
Brent Applebaum
Seller Co-Listing Agent in 2021
Brent Applebaum
Coldwell Banker Realty
(302) 750-7677
3 in this area
174 Total Sales
Map
Source: Bright MLS
MLS Number: DENC2001908
APN: 26-028.30-204
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