$32,500
SOLD APR 28, 2014

823 N Monroe St Wilmington, DE 19801

Downtown Wilmington Neighborhood
-- Bed
-- Bath
2,250 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$14 Per Sq Ft

67% Below List Price

Highlights

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

About This Home

As of July 2015

CASH ONLY OFFERS QUICK CLOSE NEEDED! Take advantage of this need to close quickly and bldgs priced exceptionally well. Three apartment units, 2-2 Bd's and 1- 1 BD located within easy walking distance to downtown Wilmington and shops on Market St. Ideal investment property for investor willing to do work to improve bldg. Bldg is electric baseboard heat and expense is included in electric expense. Make improvements to increase return on investment. Acquired out of an estate, waiting for new owner to manage building and make money. Call agent regarding current tenants, and lease details and rent incl. utilities. 1st floor unit has long term tenant.

Last Agent to Sell the Property

Chris Phillips

chrisphillipsrealtor@yahoo.com PRS Real Estate Group License #TREND:4012762 Listed on: 07/29/2013

Last Buyer's Agent

Chris Phillips

chrisphillipsrealtor@yahoo.com PRS Real Estate Group License #TREND:4012762 Listed on: 07/29/2013

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

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

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

Community Details

Overview

  • No Home Owners Association

Building Details

  • Electric Expense $9,600
  • Operating Expense $11,880

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: Detached
  • Ownership: Fee Simple
  • Exclusions: Tenants Personal Property
  • New Construction: No
  • Year Built: 1880
  • 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: 23.33
  • Above Grade Finished Sq Ft: 2250
  • Above Grade Finished Area Units: Square Feet

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
  • Cooling Type: Wall Unit
  • Electric Expense: 9600.00
  • Heating Fuel: Electric
  • Heating Type: Electric, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 850.00
  • 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

  • Gross Income: 24300.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 2405031
  • Tax Annual Amount: 1430.00
  • Assessor Parcel Number: 26-028.30-088
  • Tax Lot: 088
  • Tax Year: 2013
  • Close Date: 04/28/2014

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:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $34,400 None Available
Deed $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: 1003537024

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 and is currently priced at $32,500, approximately $14 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes