NOT LISTED FOR SALE

823 N Monroe St Wilmington, DE 19801

Downtown Wilmington Neighborhood

Estimated Value: $290,000

-- Bed
3 Baths
2,250 Sq Ft
$129/Sq Ft Est. Value

Last Sold July 27, 2015

Last sale price $29,000 $13 Per Sq Ft

Est. 900% increase in value since last sale

Current estimated payment $1,644/month

Highlights

  • No HOA
  • Heating Available
  • 4-minute walk to Helen Chambers Playground
  • En-Suite Primary Bedroom

About This Home

As of July 2015

This property needs some TLC but was just recently occupied and was rented for over $2,000 a month. At this price a smart investor will make his investment back in a few short years. If some upgrades were made rents could be increased and it would be a great investment. Buyer should check zoning and usage before making an offer.

Last Agent to Sell the Property

Don Ash

(302) 521-5100 christinecpierce@comcast.net Alliance Realty License #RS5313505 Listed on: 03/26/2015

Last Buyer's Agent

Lauren Jones

(302) 540-1513 jlauren7777@gmail.com Tesla Realty Group, LLC License #5010301

Tesla Realty Group, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 16x138

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,250 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 088
  • Assessor Parcel Number 26-028.30-088

Community Details

Overview

  • No Home Owners Association
  • Wilm #10 Subdivision

Building Details

  • Operating Expense $1,494

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Exclusions: As Shown
  • Inclusions: As Shown
  • New Construction: No
  • Year Built: 1880
  • Remarks Public: This property needs some TLC but was just recently occupied and was rented for over $2,000 a month. At this price a smart investor will make his investment back in a few short years. If some upgrades were made rents could be increased and it would be a great investment. Buyer should check zoning and usage before making an offer.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2250
  • Living Area Sq Ft: 2250
  • Price Per Sq Ft: 17.51
  • Above Grade Finished Sq Ft: 2250
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 823

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890

Lot Info

  • Improvement Assessed Value: 27300.00
  • Land Assessed Value: 7100.00
  • Lot Size Acres: 0.05
  • Lot Dimensions: 16X138
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Zoning: 26R-3

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 2405031
  • Tax Annual Amount: 1494.00
  • Assessor Parcel Number: 26-028.30-088
  • Tax Lot: 088
  • Tax Year: 2014
  • Close Date: 07/27/2015

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2015
Closed on
Jul 27, 2015
Sold by
Zhou Zi Jun
Bought by
Roy Bithin
Seller's Agent
Don Ash
Alliance Realty
Buyer's Agent
Lauren Jones
Tesla Realty Group, LLC
List Price
$49,900
Sold Price
$29,000
Premium/Discount to List
-$20,900
-41.88%
Current Estimated Value
$290,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,000
Avg. Annual Appreciation
22.19%

Purchase Details

Listed on
Jul 29, 2013
Closed on
Apr 28, 2014
Sold by
Gomez Enrique and Williams John H
Bought by
Zhou Zi Jun
Seller's Agent
Chris Phillips
PRS Real Estate Group
Buyer's Agent
Chris Phillips
PRS Real Estate Group
List Price
$99,900
Sold Price
$32,500
Premium/Discount to List
-$67,400
-67.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.71%
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
Roy Bithin $34,400 None Available
Zhou Zi Jun $32,500 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2015 07/27/15 Sold $29,000 -41.9% $13 / Sq Ft
07/11/2015 07/11/15 Pending -- -- --
03/26/2015 03/26/15 For Sale $49,900 +53.5% $22 / Sq Ft
04/28/2014 04/28/14 Sold $32,500 -67.5% $14 / Sq Ft
04/18/2014 04/18/14 Pending -- -- --
07/29/2013 07/29/13 For Sale $99,900 -- $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 $1,268 $34,400 $7,100 $27,300
2023 $1,236 $34,400 $7,100 $27,300
2022 $1,224 $34,400 $7,100 $27,300
2021 $1,192 $34,400 $7,100 $27,300
2020 $1,158 $34,400 $7,100 $27,300
2019 $1,693 $34,400 $7,100 $27,300
2018 $989 $34,400 $7,100 $27,300
2017 $959 $34,400 $7,100 $27,300
2016 $957 $34,400 $7,100 $27,300
2015 $638 $34,400 $7,100 $27,300
2014 $1,494 $34,400 $7,100 $27,300
Source: Public Records

Agents Affiliated with this Home

  • Don Ash

    Seller's Agent in 2015

    Don Ash

    Alliance Realty

    (302) 521-5100

    5 in this area

    125 Total Sales

    Don Ash
    Section Image
  • Lauren Jones

    Buyer's Agent in 2015

    Lauren Jones

    Tesla Realty Group, LLC

    (302) 540-1513

    34 Total Sales

    Lauren Jones
    Section Image

  • C

    Seller's Agent in 2014

    Chris Phillips

    PRS Real Estate Group

See All Agents

Map

Source: Bright MLS

MLS Number: 1002560318

Bright MLS

APN: 26-028.30-088

Delaware New Castle County Wilmington 19801 Downtown Wilmington

823 N Monroe St, Wilmington, DE

This home is located at 823 N Monroe St, Wilmington, DE 19801 since 26 March 2015 and is currently estimated at $290,000, approximately $128 per square foot. This property was built in 1880. 823 N Monroe St is a home located in New Castle County with nearby schools including The Bayard School, Christiana High School, and Freire Charter School.

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