NOT LISTED FOR SALE

Estimated Value: $316,000 - $373,867

-- Bed
3 Baths
2,550 Sq Ft
$132/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $217,500 $85 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,976/month

7 Days on Market

Highlights

  • 0.07 Acre Lot
  • No HOA
  • 5-minute walk to H.B. Dupont Park
  • Wood Flooring
  • Forced Air Heating System

About This Home

As of March 2021

Take note investors - Available - Rare - City of Wilmington Triplex - Two, two bedroom & one bathroom units, and one, one bedroom, one bathroom unit. Solid building and units/utility layout. Solid tenants. Tenants pay all utilities except for water. Building is being sold in where is as is condition. Seller will make no repairs. Inspections are for informational purposes only.

Last Agent to Sell the Property

Andrew White

Compass License #RS-325050 Listed on: 12/02/2020

Compass

Co-Listed By

Anthony White

Compass License #RS330544

Last Buyer's Agent

Andrew White

Compass License #RS-325050 Listed on: 12/02/2020

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,568

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 21.00 x 150.00
  • Property is in average condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Plaster Walls
  • Slate Roof

Interior Spaces

  • 2,550 Sq Ft Home
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Laundry

  • Dryer
  • Washer

Location

  • Urban Location

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heat Pump System
  • 100 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 253
  • Assessor Parcel Number 26-028.30-253

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Wilm #16 Subdivision

Building Details

  • 1 Vacant Unit
  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,568

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • Exclusions: Personal property
  • Home Warranty: No
  • Inclusions: Property is being sold ins as is condition. Seller will make no repairs
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Take note investors - Available - Rare - City of Wilmington Triplex - Two, two bedroom & one bathroom units, and one, one bedroom, one bathroom unit. Solid building and units/utility layout. Solid tenants. Tenants pay all utilities except for water. Building is being sold in where is as is condition. Seller will make no repairs. Inspections are for informational purposes only.
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Washer
  • Flooring Type: Wood, Carpet
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, Plaster Walls
  • Room Count: 8
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2550
  • Living Area Sq Ft: 2550
  • Price Per Sq Ft: 88.24
  • Above Grade Finished Sq Ft: 2550
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 910

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Flat, Slate
  • View: Street
  • 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
  • Cooling Type: Window Unit(s)
  • Electric Service: 100 Amp Service
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 41400.00
  • Land Assessed Value: 7800.00
  • Lot Size Acres: 0.07
  • Lot Dimensions: 21.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Property Condition: Average
  • Year Assessed: 2020
  • Zoning: 26R-3
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Owner Pays: Water
  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2405248
  • School Tax: 1530.00
  • Tax Annual Amount: 2568.00
  • Assessor Parcel Number: 26-028.30-253
  • Tax Lot: 253
  • Tax Total Finished Sq Ft: 2550
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 03/12/2021

Multi Family

  • Number Of Units Vacant: 1
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2020
Closed on
Jan 21, 2021
Sold by
Mccormick Michael
Bought by
Johnson Maurice and Walker Nick
Seller's Agent
Andrew White
Compass
Buyer's Agent
Andrew White
Compass
List Price
$225,000
Sold Price
$217,500
Premium/Discount to List
-$7,500
-3.33%
Current Estimated Value
$337,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,122
Avg. Annual Appreciation
6.87%
Original Mortgage
$163,125
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2018
Sold by
Equity Trust Co
Bought by
Mccormick Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2017
Sold by
Wells Fargo Bank Na
Bought by
Equity Trust Company

Purchase Details

Closed on
Oct 28, 2005
Sold by
Ferris Michael T
Bought by
Ferris Michael J and Ferris Christina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.93%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 23, 2001
Sold by
Brevoort Donna R
Bought by
Ferris Michael T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,200
Interest Rate
7.21%
Mortgage Type
Balloon
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 Buyer Sale Price Title Company
Johnson Maurice -- Land Title
Mccormick Michael -- None Available
Equity Trust Company $101 None Available
Ferris Michael J -- --
Ferris Michael T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Maurice $163,125
Previous Owner Mccormick Michael $112,500
Previous Owner Ferris Michael J $200,000
Previous Owner Ferris Michael T $135,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2021 03/12/21 Sold $217,500 -3.3% $85 / Sq Ft
12/09/2020 12/09/20 Pending -- -- --
12/02/2020 12/02/20 For Sale $225,000 -- $88 / 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 $1,814 $49,200 $7,800 $41,400
2023 $1,768 $49,200 $7,800 $41,400
2022 $1,750 $49,200 $7,800 $41,400
2021 $1,705 $49,200 $7,800 $41,400
2020 $1,656 $49,200 $7,800 $41,400
2019 $2,422 $49,200 $7,800 $41,400
2018 $1,867 $49,200 $7,800 $41,400
2017 $2,281 $49,200 $7,800 $41,400
2016 $2,281 $49,200 $7,800 $41,400
2015 $2,137 $49,200 $7,800 $41,400
2014 $2,136 $49,200 $7,800 $41,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DENC517330

Bright MLS

APN: 26-028.30-253