tomo logo

$209,000

Beds
2
Baths
1.0
sq ft
1,175

1505 Delaware Ave Unit 2A, Wilmington, DE 19806

1505 Delaware Ave Unit 2A

WILMINGTON, DE 19806

  • Coming soon
Welcome to Trolley Square! This charming 2-bedroom, 1-bath condo in the Delmar is walking distance (1 block) to all the vibrant restaurants, shops, and entertainment the area has to offer. Recently updated with fresh paint and new luxury vinyl plank floors throughout, this second-floor unit in a historic building includes laundry in the unit and tons of natural light. Prime location makes it ideal for both owner-occupants and investors. Enjoy efficient utilities, low taxes, and low HOA fees, along with shared garden space in the backyard and additional storage in the basement. The rear bedroom includes a bonus room perfect for a home office. With the grocery store just one block away and numerous dining options at your doorstep, this Trolley Square condo is a rare find. Schedule your showing today—this home won’t last!

Details

Property type

Condominium

Est. home value

$157,960

Lot size

Unknown

Price per sq ft

$178

Year built

1927

Annual property taxes

$3,627

HOA

No

Price History

04/03/2023

Bright #DENC2037680

Sold
$160,000

Schools & Community

Neighborhood: 

Trolley Square

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

RED CLAY CONSOLIDATED

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$122,866
Asking price
$209,000
Closing costs (~8% of asking)
-$16,720
Est. remaining loan balance
-$69,414
Cash to seller
$122,866

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Citimortgage Inc

Loan start date

December 2003

Original loan amount

$134,000

Est. remaining balance

$69,414

Interest rate

5.94%

Loan type

Not Provided, 30 year

Seller

Catherine M Mauk

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Coming Soon

Tomo last checked: 07/04/2024 at 9:55 PM

Listing updated: 07/02/2024 at 9:54 PM

Listed by: Dan Deckelbaum, KW Empower Phone #: (215) 627-3500

MLS: Bright #DENC2063946

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