NOT LISTED FOR SALE

901 Brandywine Blvd Wilmington, DE 19809

Estimated Value: $646,463

-- Bed
-- Bath
7,078 Sq Ft
$91/Sq Ft Est. Value

Last Sold August 27, 2020

Last sale price $450,000 $64 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,027/month

Highlights

  • Colonial Architecture
  • No HOA
  • Double Pane Windows
  • Pierre S. Dupont Middle School Rated A-
  • Fireplace
  • Halls are 36 inches wide or more

About This Home

As of August 2020

Located in the heart of this very friendly community of Bellefonte is the all brick 2 story building with 4 apartments on the upper level and well established resale shop stretching through out the entire main level. They are all fully rented and have been for many many years. All but one of the apartments have been remodeled including the electric. 2019's gross income was $66,135. Expenses were $18634 .

Last Agent to Sell the Property

Shawn Moran

Patterson-Schwartz-Brandywine Listed on: 06/24/2020

Patterson-Schwartz-Brandywine

Last Buyer's Agent

Shawn Moran

Patterson-Schwartz-Brandywine Listed on: 06/24/2020

Patterson-Schwartz-Brandywine

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,800

Year Built

  • Built in 1950

Lot Details

  • 7,841

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 7,078 Sq Ft Home
  • Fireplace
  • Double Pane Windows

Basement

  • Exterior Basement Entry
  • Sump Pump
  • Drain

Utilities

  • Central Air
  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Baseboard Heater
  • 200+ Amp Service
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Halls are 36 inches wide or more
  • Exterior Lighting
  • 7,841 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Association fees include snow removal, trash
  • 4 Units
  • Bellefonte Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1700200065

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,800

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: 36"+ Wide Halls
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: 5 Refrigerators, 5 gas stoves
  • New Construction: No
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Remarks Public: Located in the heart of this very friendly community of Bellefonte is the all brick 2 story building with 4 apartments on the upper level and well established resale shop stretching through out the entire main level. They are all fully rented and have been for many many years. All but one of the apartments have been remodeled including the electric. 2019's gross income was $66,135. Expenses were $18634 .
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Window Features: Double Pane
  • Fireplace: Yes
  • Basement: Yes
  • Basement Type: Drain, Outside Entrance, Sump Pump
  • Living Area Units: Square Feet
  • Total Sq Ft: 7078
  • Living Area Sq Ft: 7078
  • Price Per Sq Ft: 63.58
  • Above Grade Finished Sq Ft: 7078
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 901-903

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting, Sidewalks
  • 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

  • Water Sewer Hookup Fee: 2000.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Wall Unit
  • Previous Twelve Months Electric Expense: 4700.00
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Monthly Water Average: 52
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Snow Removal, Trash
  • HOA: No

Schools

  • School District: BRANDYWINE
  • School District Key: 300200396892
  • School District Source: Listing Agent

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.18
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7841.00
  • Year Assessed: 2019
  • Zoning: 17RMX1
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 2367063
  • Tax Annual Amount: 4800.00
  • Assessor Parcel Number: 1700200065
  • Tax Year: 2019
  • Close Date: 08/27/2020

Multi Family

  • Single Room Units Count: 1

MLS Schools

  • School District Name: BRANDYWINE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2020
Closed on
Aug 27, 2020
Sold by
Iaconi Properties Llc
Bought by
Wilde Hawk Llc
Seller's Agent
Shawn Moran
Patterson-Schwartz-Brandywine
Buyer's Agent
Shawn Moran
Patterson-Schwartz-Brandywine
List Price
$450,000
Sold Price
$450,000
Total Days on Market
0
Current Estimated Value
$646,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,463
Avg. Annual Appreciation
8.23%
Original Mortgage
$225,000
Outstanding Balance
$129,918
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$525,810

Purchase Details

Closed on
Nov 13, 2019
Sold by
Iaconi Janice and Iaconi Querino J
Bought by
Iaconi Properties Llc

Purchase Details

Closed on
Jun 1, 1989
Bought by
Iaconi Querino J and Iaconi Janice
Source: Public Records

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Range of Values:

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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
Wilde Hawk Llc -- None Available
Iaconi Properties Llc -- None Available
Iaconi Querino J $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Wilde Hawk Llc $130,000
Open Wilde Hawk Llc $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2020 08/27/20 Sold $450,000 0.0% $64 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $450,000 -- $64 / 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 $4,910 $129,500 $19,600 $109,900
2023 $4,541 $129,500 $19,600 $109,900
2022 $4,566 $129,500 $19,600 $109,900
2021 $4,551 $129,500 $19,600 $109,900
2020 $4,568 $129,500 $19,600 $109,900
2019 $4,560 $129,500 $19,600 $109,900
2018 $161 $129,500 $19,600 $109,900
2017 $4,303 $129,500 $19,600 $109,900
2016 $4,303 $129,500 $19,600 $109,900
2015 $458 $129,500 $19,600 $109,900
2014 $3,956 $129,500 $19,600 $109,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC503744

Bright MLS

APN: 17-002.00-065