NOT LISTED FOR SALE

817 W 9th St Wilmington, DE 19801

Downtown Wilmington Neighborhood

Estimated Value: $261,000 - $302,000

-- Bed
2 Baths
1,975 Sq Ft
$144/Sq Ft Est. Value

Last Sold December 15, 2021

Last sale price $155,000 $78 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,715/month

78 Days on Market

About This Home

As of December 2021

Excellent opportunity to own a investment property in the Historic District of Trinity Vicinity. Live in 1 apartment and rent the 2nd. 2 Large 1 bedroom apartments. Tenants pays own utilities except water and sewer. Long term tenants. 2nd floor unit has large open living room and kitchen, nice sized bedroom and deck off the back. 1st floor unit consist of large living room, kitchen and ample sized bedroom, access to fenced yard with deck and full basement. Units are currently under performing, long term tenants paying under market value. Other 1 bedroom apartments rentals in area for are minimum $800.00.

Last Agent to Sell the Property

Timothy Scully

Curt Scully Realty Company Listed on: 08/11/2021

Last Buyer's Agent

Erik Bashford

EXP Realty, LLC License #RS-0020681

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,277

Year Built

  • Built in 1880

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 20.00 x 86.30

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Stone Foundation
  • Pitched Roof

Interior Spaces

  • 1,975 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Radiator
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • The owner pays for insurance, management, repairs, sewer, real estate taxes, water
  • Tax Lot 047
  • Assessor Parcel Number 26-028.30-047

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Wilmington Subdivision

Building Details

  • Income includes apartment rentals
  • Maintenance Expense $1,000
  • Operating Expense $5,000
  • Gross Income $13,440
  • Net Operating Income $8,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,277

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Exclusions: Tenants Personal Property
  • New Construction: No
  • Year Built: 1880
  • Automatically Close On Close Date: No
  • Remarks Public: Excellent opportunity to own a investment property in the Historic District of Trinity Vicinity. Live in 1 apartment and rent the 2nd. 2 Large 1 bedroom apartments. Tenants pays own utilities except water and sewer. Long term tenants. 2nd floor unit has large open living room and kitchen, nice sized bedroom and deck off the back. 1st floor unit consist of large living room, kitchen and ample sized bedroom, access to fenced yard with deck and full basement. Units are currently under performing, long term tenants paying under market value. Other 1 bedroom apartments rentals in area for are minimum $800.00.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1975
  • Living Area Sq Ft: 1975
  • Price Per Sq Ft: 86.03
  • Above Grade Finished Sq Ft: 1975
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 817

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched
  • 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
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 36000.00
  • Land Assessed Value: 6800.00
  • Lot Size Acres: 0.04
  • Lot Dimensions: 20.00 x 86.30
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Year Assessed: 2021
  • Zoning: 26R-3
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 2
  • Owner Pays: Insurance, Management, Repairs, Sewer, Taxes - Real Estate, Water
  • Rent Control: No
  • Total Actual Rent: 13440.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2404990
  • School Tax: 1375.00
  • Tax Annual Amount: 2277.00
  • Assessor Parcel Number: 26-028.30-047
  • Tax Lot: 047
  • Tax Total Finished Sq Ft: 1975
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 12/15/2021

Multi Family

  • Gross Income: 13440.00
  • Gross Scheduled Income: 13440.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 5000.00

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2021
Closed on
Dec 14, 2021
Sold by
Balnco Jacinto and Mcgraw Ellen
Bought by
Mcgraw Ellen
Seller's Agent
Timothy Scully
Curt Scully Realty Company
Buyer's Agent
Erik Bashford
EXP Realty, LLC
List Price
$184,900
Sold Price
$155,000
Premium/Discount to List
-$29,900
-16.17%
Current Estimated Value
$286,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,701
Avg. Annual Appreciation
14.03%
Original Mortgage
$187,500
Interest Rate
3.45%
Mortgage Type
Construction

Purchase Details

Listed on
Aug 11, 2021
Closed on
Dec 11, 2021
Sold by
Mcgraw Ellen
Bought by
W Nine Llc
Seller's Agent
Timothy Scully
Curt Scully Realty Company
Buyer's Agent
Erik Bashford
EXP Realty, LLC
List Price
$184,900
Sold Price
$155,000
Premium/Discount to List
-$29,900
-16.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
3.45%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 23, 2004
Sold by
Kane John F and Kane Phyllis L
Bought by
Blanco Jacinto and Mcgraw Blanco Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.39%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Mcgraw Ellen -- None Available
W Nine Llc -- None Available
Blanco Jacinto $137,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open W Nine Llc $262,500
Closed W Nine Llc $187,500
Previous Owner Blanco Jacinto $100,460
Previous Owner Blanco Jacinto $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2021 12/15/21 Sold $155,000 -8.8% $78 / Sq Ft
09/03/2021 09/03/21 Price Changed $169,900 -8.1% $86 / Sq Ft
08/11/2021 08/11/21 For Sale $184,900 -- $94 / 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 $1,578 $42,800 $6,800 $36,000
2023 $1,538 $42,800 $6,800 $36,000
2022 $1,523 $42,800 $6,800 $36,000
2021 $1,483 $42,800 $6,800 $36,000
2020 $1,440 $42,800 $6,800 $36,000
2019 $2,107 $42,800 $6,800 $36,000
2018 $519 $42,800 $6,800 $36,000
2017 $1,985 $42,800 $6,800 $36,000
2016 $1,985 $42,800 $6,800 $36,000
2015 $1,859 $42,800 $6,800 $36,000
2014 $1,858 $42,800 $6,800 $36,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Timothy Scully

    Curt Scully Realty Company

    (302) 753-7382

    2 in this area

    110 Total Sales

    Section Image
  • Erik Bashford

    Buyer's Agent in 2021

    Erik Bashford

    EXP Realty, LLC

    (302) 540-8048

    7 in this area

    59 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: DENC2004350

Bright MLS

APN: 26-028.30-047

Delaware New Castle County Wilmington 19801 Downtown Wilmington

817 W 9th St, Wilmington, DE

This home is located at 817 W 9th St, Wilmington, DE 19801 since 11 August 2021 and is currently estimated at $283,870, approximately $143 per square foot. This property was built in 1880. 817 W 9th St is a home located in New Castle County with nearby schools including The Bayard School, Christiana High School, and Kuumba Academy Charter School.

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