NOT LISTED FOR SALE

Estimated Value: $113,000 - $133,575

2 Beds
1 Bath
775 Sq Ft
$160/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $87,500 $113 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $705/month

15 Days on Market

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • En-Suite Primary Bedroom
  • No HOA
  • Living Room
  • Forced Air Heating System

About This Home

As of June 2022

Excellent opportunity to acquire one or more income producing homes in Wilmington's Browntown community. This is one of five homes available with performing tenant in place providing a solid return. Two bedroom one bath home located in the Browntown area of Wilmington within walking distance to the Riverfront attractions, MKT Street hot spots, bus-lines and more. Tenant pays $850.00 per month and is responsible for gas, electric and excess water. See your agent or listing broker for other lease terms. Prior to showing buyer must provide pre-qualification letter, liquidity verification for equity, proof of funds (if cash) and complete Indicative Offer Form provided on MLS after review of lease documents and photos. Showings are strictly on pre-determined day of the week and available for site visit after said documentation has been provided.

Last Agent to Sell the Property

Paul Pantano

Pantano Real Estate Inc Listed on: 03/30/2022

Last Buyer's Agent

Bryce Fender

Barksdale & Affiliates Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,134

Year Built

  • Built in 1916

Lot Details

  • 871 Sq Ft Lot
  • Lot Dimensions are 14.30 x 60.00

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation

Interior Spaces

  • 775 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Eat-In Kitchen

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Schools

  • Stubbs Elementary School
  • Bayard Middle School
  • Glasgow High School

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Browntown Subdivision

Listing and Financial Details

  • Tax Lot 210
  • Assessor Parcel Number 26-042.30-210

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,134

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Tenants personal property and tenant owned appliances
  • Home Warranty: No
  • Inclusions: Owner owned appliances, refrigerator, range. Washer/Dryer may be included, if existing, and if landlord owned.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1916
  • Automatically Close On Close Date: No
  • Remarks Public: Excellent opportunity to acquire one or more income producing homes in Wilmington's Browntown community. This is one of five homes available with performing tenant in place providing a solid return. Two bedroom one bath home located in the Browntown area of Wilmington within walking distance to the Riverfront attractions, MKT Street hot spots, bus-lines and more. Tenant pays $850.00 per month and is responsible for gas, electric and excess water. See your agent or listing broker for other lease terms. Prior to showing buyer must provide pre-qualification letter, liquidity verification for equity, proof of funds (if cash) and complete Indicative Offer Form provided on MLS after review of lease documents and photos. Showings are strictly on pre-determined day of the week and available for site visit after said documentation has been provided.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Foundation Details: Stone
  • Levels Count: 2
  • Room Count: 6
  • Room List: Living Room, Primary Bedroom, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Basement
  • Total Sq Ft: 775
  • Living Area Sq Ft: 775
  • Price Per Sq Ft: 112.90
  • Above Grade Finished Sq Ft: 775
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 910

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks
  • Roof: Flat
  • 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
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: CHRISTINA
  • Elementary School: STUBBS
  • Middle School: BAYARD
  • High School: GLASGOW
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396890
  • School District Source: Listing Agent
  • Elementary School: STUBBS
  • High School: GLASGOW
  • Middle Or Junior School: BAYARD

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 13400.00
  • Land Assessed Value: 2400.00
  • Lot Size Acres: 0.02
  • Lot Dimensions: 14.30 x 60.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 871.00
  • Year Assessed: 2021
  • Zoning: RES
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2415395
  • School Tax: 508.00
  • Tax Annual Amount: 1134.00
  • Assessor Parcel Number: 26-042.30-210
  • Tax Lot: 210
  • Tax Total Finished Sq Ft: 775
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 06/10/2022

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2022
Closed on
Jun 10, 2022
Sold by
Mcleen Company Llc
Bought by
Wilminvest Llc
Seller's Agent
Paul Pantano
Pantano Real Estate Inc
Buyer's Agent
Bryce Fender
Barksdale & Affiliates Realty
List Price
$87,500
Sold Price
$87,500
Current Estimated Value
$123,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,144
Avg. Annual Appreciation
8.04%
Original Mortgage
$1,000,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2016
Sold by
Pettinaro Verino
Bought by
Donovan Adela

Purchase Details

Closed on
Apr 21, 2005
Sold by
Donovan Michael and Donovan Marleen
Bought by
Mcleen Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,910
Interest Rate
5.7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 5, 2005
Sold by
Faulkner Helen H
Bought by
Donovan Michael and Donovan Marleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,910
Interest Rate
5.7%
Mortgage Type
Fannie Mae Freddie Mac
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
Wilminvest Llc -- Conaty Law Offices Llc
Donovan Adela -- None Available
Pettinaro Verino -- None Available
Mcleen Properties Inc -- --
Donovan Michael $59,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilminvest Llc $800,519
Closed Wilminvest Llc $1,000,000
Previous Owner Donovan Michael $53,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2022 06/10/22 Sold $87,500 0.0% $113 / Sq Ft
04/14/2022 04/14/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $87,500 -- $113 / 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 $582 $15,800 $2,400 $13,400
2023 $568 $15,800 $2,400 $13,400
2022 $562 $15,800 $2,400 $13,400
2021 $548 $15,800 $2,400 $13,400
2020 $532 $15,800 $2,400 $13,400
2019 $778 $15,800 $2,400 $13,400
2018 $782 $15,800 $2,400 $13,400
2017 $733 $15,800 $2,400 $13,400
2016 $733 $15,800 $2,400 $13,400
2015 $686 $15,800 $2,400 $13,400
2014 $686 $15,800 $2,400 $13,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2020604

Bright MLS

APN: 26-042.30-210