Seller's Agent in 2025
Joseph Hurley
Pantano Real Estate Inc
(302) 740-5524
44 in this area
277 Total Sales
940 N Spruce St Wilmington, DE 19801
Downtown Wilmington Neighborhood
--
Bed
--
Bath
2,624
Sq Ft
1,307
Sq Ft Lot
Highlights
- Colonial Architecture
- Bathtub with Shower
- Replacement Windows
- Open Floorplan
- Forced Air Heating System
- 3-minute walk to Kirkwood Park
About This Home
As of April 2025Welcome to the Eastside in the City of Wilmington! A community ripe with charm and character from yesteryear coupled with new and exciting modern construction projects underway on most every block! Conveniently located to the Central Business District of Wilmington, the nightlife on N. Market St., and the Riverfront in all its glory! This Eastside triplex is ready to be the perfect addition to an investors portfolio, or the cornerstone of a new one. End of row, masonry construction and heavy timber construction, boasting two, 2 bedroom units and one, 1 bedroom unit. All separate systems to include heat, hot water, and electric for ease of management. First floor unit is accessed via private entrance on the exterior. Second and third floor units are accessed via interior common staircase. All three units are occupied so you have a stable building with instant cash flow. Tons of renovations and new construction occurring in real time on adjacent blocks, so get in while the community is turning the corner!
Last Agent to Sell the Property
Pantano Real Estate Inc License #RS-0018346 Listed on: 02/11/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,804
Year Built
- Built in 1903 | Remodeled in 1988
Lot Details
- 1,307 Sq Ft Lot
- Lot Dimensions are 16.00 x 71.50
- Property is in average condition
Parking
- On-Street Parking
Home Design
- Triplex
- Colonial Architecture
- Flat Roof Shape
- Brick Exterior Construction
- Stone Foundation
Interior Spaces
- Bathtub with Shower
- 2,624 Sq Ft Home
- Open Floorplan
- Replacement Windows
- Vinyl Clad Windows
- Basement Fills Entire Space Under The House
- Gas Oven or Range
Flooring
- Wall to Wall Carpet
- Vinyl
Outdoor Features
- Exterior Lighting
Utilities
- Forced Air Heating System
- 200+ Amp Service
- Natural Gas Water Heater
- Municipal Trash
Community Details
- 3 Units
Listing and Financial Details
- The owner pays for sewer, real estate taxes, water
- Tax Lot 515
- Assessor Parcel Number 26-036.30-515
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 11, 2025
Closed on
Apr 9, 2025
Sold by
Pine Street Properties Llc
Bought by
Tarazona Andy and Shah Zarna
Seller's Agent
Joseph Hurley
Pantano Real Estate Inc
Buyer's Agent
Manthan Shah
Century 21 Gold Key Realty
List Price
$270,000
Sold Price
$259,000
Premium/Discount to List
-$11,000
-4.07%
Views
127
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,794
Avg. Annual Appreciation
27.78%
Original Mortgage
$246,050
Outstanding Balance
$245,396
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$42,398
Purchase Details
Closed on
Nov 11, 2021
Sold by
Property Exchange Llc
Bought by
Pine Street Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
3.14%
Mortgage Type
Commercial
Purchase Details
Closed on
May 4, 2011
Sold by
Hsbc Bank Usa Na
Bought by
Property Exchange Llc
Purchase Details
Closed on
Oct 26, 2010
Sold by
Davis Glenford O and Davis Glenford
Bought by
Hsbc Bank Usa National Association
Purchase Details
Closed on
Sep 26, 2005
Sold by
Walz Donald J and Walz Kathleen A
Bought by
Davis Glenford O
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,100
Interest Rate
5.81%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 27, 2004
Sold by
Santiago Thomas A and Santiago Yvonne A
Bought by
Walz Donald J and Walz Kathleen A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
5.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 25, 2001
Sold by
Nolan Barbara
Bought by
Santiago Thomas A and Santiago Yvonne A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,350
Interest Rate
10.77%
Mortgage Type
Commercial
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $259,000 | None Listed On Document | |
| Deed | -- | None Available | |
| Deed | $24,900 | None Available | |
| Sheriffs Deed | $114,750 | None Available | |
| Deed | $169,000 | -- | |
| Deed | $135,000 | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $246,050 | New Conventional | |
| Previous Owner | $568,000 | Commercial | |
| Previous Owner | $205,000 | Commercial | |
| Previous Owner | $152,100 | Commercial | |
| Previous Owner | $121,500 | Commercial | |
| Previous Owner | $111,350 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/09/2025 04/09/25 | Sold | $259,000 | -4.1% | $99 / Sq Ft |
| 02/11/2025 02/11/25 | For Sale | $270,000 | -- | $103 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,146 | $31,100 | $2,000 | $29,100 |
| 2023 | $1,122 | $31,100 | $2,000 | $29,100 |
| 2022 | $1,106 | $31,100 | $2,000 | $29,100 |
| 2021 | $1,078 | $31,100 | $2,000 | $29,100 |
| 2020 | $1,047 | $31,100 | $2,000 | $29,100 |
| 2019 | $1,531 | $31,100 | $2,000 | $29,100 |
| 2018 | $1,003 | $31,100 | $2,000 | $29,100 |
| 2017 | $1,442 | $31,100 | $2,000 | $29,100 |
| 2016 | $1,442 | $31,100 | $2,000 | $29,100 |
| 2015 | $1,351 | $31,100 | $2,000 | $29,100 |
| 2014 | $1,350 | $31,100 | $2,000 | $29,100 |
Source: Public Records
Agents Affiliated with this Home
-
Joseph Hurley
-
Manthan Shah
Buyer's Agent in 2025
Manthan Shah
Century 21 Gold Key Realty
(973) 626-0325
4 in this area
25 Total Sales
Map
Source: Bright MLS
MLS Number: DENC2073812
APN: 26-036.30-515
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