1607 W 4th St

Wilmington, DE 19805

$159,000
Last Sold Price
Beds
Baths
1,800 Sq. Ft.
$88 / Sq. Ft.
1,800
Sq. Ft.
$88
per Sq. Ft.

Description

This two unit building has separate exterior entrances to each apartment. New boilers we installed in 2018. 1st floor completely renovated in 07/2022. 1st floor unit is renting as a 1-BR for $930/mo. Previously, had rented as a 2-BR. Upstairs unit has 2-BR and is renting for $750/mo. Lease expires 01/23. At that time, raising the rent to $1,000/mo is reasonable. Tenants pay their own gas & electric. Owner pays water and sewer. This property is zoned 26R-3. A non-conforming use variance is in place...This two unit building has separate exterior entrances to each apartment. New boilers we installed in 2018. 1st floor completely renovated in 07/2022. 1st floor unit is renting as a 1-BR for $930/mo. Previously, had rented as a 2-BR. Upstairs unit has 2-BR and is renting for $750/mo. Lease expires 01/23. At that time, raising the rent to $1,000/mo is reasonable. Tenants pay their own gas & electric. Owner pays water and sewer. This property is zoned 26R-3. A non-conforming use variance is in place and requires a renewal every two years. Property is being sold as-is condition. Building inspection should be conducted prior to submitting an offer. Inspections are for informational use only.
  1. Listed by Bruno Caputo • BHHS Fox & Roach-Concord
    P: (302)-477-5500 bruno_caputo@yahoo.com

Property Details for 1607 West 4th Street

Tax ID Number
26-027.30-033
Ownership
Fee Simple
Structure Type
Twin/Semi-Detached
Style
Traditional
Waterfront
No
Garage
No
Expected On Market Date
07-14-2022
Cross Street
CLAYTON
LISTING UPDATED: 08/23/2022 10:31 PM

Property Details for 1607 West 4th Street

StatusClosed
MLS #DENC2026346
Days on Market17
Taxes$732 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1890
Lot Size0.04 AC / 1,742 SF
CountyNew Castle County

Location

Listing Courtesy of BHHS Fox & Roach-Concord

Sold By EXP Realty, LLC

Add your commute

Building Information for 1607 West 4th Street

Stories-Residences2Year Built1890Building Size-Lot Size0.04 AC / 1,742 SF

Payment Calculator

$894 per month

30 year fixed, 6.845% Interest

Principal and Interest

$833

Property Taxes

$61

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1607 West 4th Street

Location
Location
  • In City Limits: Yes
  • School District Name: RED CLAY CONSOLIDATED
  • School District County ID: 300200396545
  • SchoolDistrictSource: Listing Agent
  • County: NEW CASTLE
  • MLS Area: Wilmington (30906)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2021
  • Tax Assessed Value: $16,000
  • Year Assessed: 2021
  • County Tax: $40
  • Improvement Assessed Value: $14,000
  • City Town Tax: $297
  • Land Assessed Value: $2,000
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: 26R-3
  • Tax Lot: 033
  • School Tax: $395
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Lease Information
Lease Information
  • Owner Pays: Sewer, Taxes - Real Estate, Taxes - Personal property, Water
  • Concessions: Yes
  • Concessions Amount: $2,000
  • Concession Remarks: Seller pays 50% of Buyer's Transfer Tax
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 0
  • Units Furnished: None
  • Units Leased Count: 2
  • Number Of Units Vacant: 0
  • Vacancy Allowance Rate: .00%
  • Number Of Units Month To Month: 0
  • Rent Control: No
Financial Information
Expenses
  • Insurance Expense: $762
  • Trash Expense: $0
  • Pool Expense: $0
Financial Information
  • Gross Scheduled Income: $1,680
  • Annual Rental Income: $1,680
  • Existing Lease Type: Yearly
Building Info
Building Info
  • Year Major Reno Remodel: 2022
  • Building Level Count: 2
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 16.00 x 100.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 2403784
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: On Street
  • Parking Features: Unassigned
Interior Features
Interior Features
  • Fireplace: No
  • Fireplaces Count: 0
  • Appliances: Range Hood, Oven/Range - Gas, Refrigerator
  • Accessibility Features: 2+ Access Exits
Exterior Features
Exterior Features
  • Spa: No
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Utilities: Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: Radiator
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: Circuit Breakers
Confidential Data
Listing Office
  • List Agent AOR: New Castle County Board of REALTORS

Property History for 1607 West 4th Street

DateEvent & SourcePriceAppreciation
Aug 23, 2022

Closed (Public Record)

Public Record #1496451253

$159,000
Aug 23, 2022

Closed

BRIGHT #DENC2026346

$159,000
Jul 28, 2022

Pending

BRIGHT #DENC2026346

Jul 12, 2022

Listed (Active)

BRIGHT #DENC2026346

$164,900
DateEvent & SourcePrice
08/23/2022

Closed (Public Record)

Public Record #1496451253

$159,000
08/23/2022

Closed

BRIGHT #DENC2026346

$159,000
07/28/2022

Pending

BRIGHT #DENC2026346

07/12/2022

Listed (Active)

BRIGHT #DENC2026346

$164,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1607 West 4th Street

Taxable ValueLand$2,000Additions$14,000Total$16,000
Tax Record2024$497 ($41 / month)
Home Facts
Beds4Baths2Total Finished SqFt1,800 SqFtAbove Grade Finished SqFt1,800 SqFtStories2Lot Size1,742 SqFtStyleSingle Family ResidenceYear Built1890Zoning26R-3CountyNEW CASTLEAPN26-027.30-033

Schools near 1607 West 4th Street

This home is within Red Clay Consolidated School District.
Rating
School
Type
Grades
Distance
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Public - 1 to 10
Rating
School
Distance
Warner Elementary School
Public3 to 5

duPont (H.B.) Middle School
Public6 to 8

duPont (Alexis I.) High School
Public9 to 12

First State School
Public1 to 10

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of BHHS Fox & Roach-Concord

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.