NOT LISTED FOR SALE

8505 Park Ct Unit 8505 Wilmington, DE 19802

Estimated Value: $189,532 - $239,000

2 Beds
1 Bath
-- Sq Ft
$226/mo HOA Fee

Last Sold August 22, 2014

Last sale price $92,000

Est. 127% increase in value since last sale

Current estimated payment $1,496/month

41 Days on Market

Highlights

  • In Ground Pool
  • Clubhouse
  • Tennis Courts
  • Pierre S. Dupont Middle School Rated A-
  • Deck
  • Eat-In Kitchen

About This Home

As of August 2014

This is a Fannie Mae HomePath property and is approved for HomePath Mortgage and HomePath Renovation Financing. Purchase for as little as 5% down! No PMI! Visit HomePath website or ask listing broker for more information. Paladin Club is located conveniently North of Wilmington, and easily accessible to downtown Wilmington, Philadelphia and New Jersey via Interstate highway system. Within walking distances to the re-vitalizing Merchants Square shopping center. This upper level unit features secured access and fantastic landscaping that welcomes you in. A short walk to community pool tennis courts and club house makes you think of this place as home. Upon entering this unit, you will recognize dramatic and soaring vaulted ceilings creating a super sunny great room which flows nicely into eat-in kitchen with breakfast bar and dining area. Two spacious bedrooms features abundant closet space and a shared bathroom making life super convenient. Effectively managed condominium with a monthly condo fee $225.51 includes pool, tennis court, clubhouse, fitness room, lawn/landscape maintenance, snow/trash removal, water, sewer and CAM. Corporate addendum required with offer and should include pre-approval (if financed) or proof of funds ~~~ required if an offer is accepted. Seller requires that offers be made online via the HomePath website.

Last Agent to Sell the Property

Paul Pantano

Pantano Real Estate Inc Listed on: 06/18/2014

Last Buyer's Agent

Scott Deputy

EXP Realty, LLC

EXP Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,228

Year Built

  • Built in 2004

HOA Fees

  • $226 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • Living Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • In Ground Pool
  • Deck

Schools

  • Mount Pleasant Elementary School
  • Dupont Middle School
  • Mount Pleasant High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 022.C.8505
  • Assessor Parcel Number 06-145.00-022.C.8505

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance, snow removal, trash, water, sewer, pool(s), health club

Amenities

  • Clubhouse

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,228

Year Built

Built in 2004

Lot Details

0

HOA Fees

$226 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Ownership: Fee Simple
  • Inclusions: Any Appliances In As Is Condition
  • New Construction: No
  • Story List: Main
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal
  • Flooring Type: Fully Carpeted, Vinyl
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Entry Location: Foyer
  • Floors In Unit Count: 3
  • Levels Count: 2
  • Room Count: 5
  • Room List: Living Room, Dining Room, Master Bedroom, Kitchen, Bedroom 1, Laundry
  • Basement: No
  • Laundry Type: Main Floor

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Pool Features: In Ground
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 225.51
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Tennis Courts, Club House
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Snow Removal, Trash, Water, Sewer, Pool(s), Health Club
  • HOA: No

Schools

  • School District: BRANDYWINE
  • Elementary School: MOUNT PLEASANT
  • Middle School: DUPONT
  • High School: MOUNT PLEASANT
  • School District Key: 300200396892
  • Elementary School: MOUNT PLEASANT
  • High School: MOUNT PLEASANT
  • Middle Or Junior School: DUPONT

Lot Info

  • Improvement Assessed Value: 34300.00
  • Land Assessed Value: 6000.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Deck(s)
  • Zoning: NCAP

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2247348
  • Tax Annual Amount: 1228.00
  • Assessor Parcel Number: 06-145.00-022.C.8505
  • Tax Lot: 022.C.8505
  • Tax Year: 2013
  • Close Date: 08/22/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2014
Closed on
Aug 22, 2014
Sold by
Fannie Mae
Bought by
Jin Weijun
Seller's Agent
Paul Pantano
Pantano Real Estate Inc
Buyer's Agent
Scott Deputy
EXP Realty, LLC
List Price
$105,000
Sold Price
$92,000
Premium/Discount to List
-$13,000
-12.38%
Current Estimated Value
$208,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,844
Avg. Annual Appreciation
7.19%

Purchase Details

Closed on
Oct 28, 2013
Sold by
Cutrona Paul J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 20, 2007
Sold by
Cutrona Paul J
Bought by
Cutrona Paul J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 2004
Sold by
Edgewood Village Llc
Bought by
Cutrona Paul J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,650
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage
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
Jin Weijun $92,000 None Available
Federal National Mortgage Association $186,005 None Available
Cutrona Paul J $165,000 None Available
Cutrona Paul J $147,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cutrona Paul J $155,000
Previous Owner Cutrona Paul J $144,500
Previous Owner Cutrona Paul J $139,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2014 08/22/14 Sold $92,000 -3.1% --
07/29/2014 07/29/14 Pending -- -- --
07/21/2014 07/21/14 Price Changed $94,900 -9.6% --
06/18/2014 06/18/14 For Sale $105,000 -- --
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
2023 $1,402 $40,300 $6,000 $34,300
2022 $1,426 $40,300 $6,000 $34,300
2021 $1,426 $40,300 $6,000 $34,300
2020 $1,426 $40,300 $6,000 $34,300
2019 $1,424 $40,300 $6,000 $34,300
2018 $1,363 $40,300 $6,000 $34,300
2017 $1,341 $40,300 $6,000 $34,300
2016 $1,341 $40,300 $6,000 $34,300
2015 -- $40,300 $6,000 $34,300
2014 $1,233 $40,300 $6,000 $34,300
Source: Public Records

Agents Affiliated with this Home

  • Paul Pantano

    Seller's Agent in 2014

    Paul Pantano

    Pantano Real Estate Inc

    (302) 354-0792

    9 in this area

    195 Total Sales

    Paul Pantano
    Section Image
  • Scott Deputy

    Buyer's Agent in 2014

    Scott Deputy

    EXP Realty, LLC

    (302) 750-6388

    2 in this area

    69 Total Sales

    Scott Deputy
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002976504

Bright MLS

APN: 06-145.00-022.C-8505

Delaware New Castle County Wilmington 19802

8505 Park Ct Unit 8505, Wilmington, DE

This home is located at 8505 Park Ct Unit 8505, Wilmington, DE 19802 since 18 June 2014 and is currently estimated at $208,844. This property was built in 2004. 8505 Park Ct Unit 8505 is a home located in New Castle County with nearby schools including Mount Pleasant Elementary School, Pierre S. Dupont Middle School, and Mount Pleasant High School.

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