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$155,000

Beds
3
Baths
1.0
sq ft
1,125

1638 W 2nd St, Wilmington, DE 19805

1638 W 2nd St

WILMINGTON, DE 19805

  • 25 days on market
    • Price drop $10,000↓
Charming Newly Renovated Home – Great Investment Opportunity! Welcome home! This beautifully updated 3-bedroom, 1-bathroom home offers modern comfort in a prime location. Renovated in 2022, this property features a spacious living room, a dedicated dining area, and a well-appointed kitchen on the first floor—perfect for everyday living and entertaining. Enjoy relaxing on the inviting front porch, adding to the home’s charm and curb appeal. Step outside to a fenced-in rear yard, ideal for outdoor gatherings, pets, or simply unwinding in your private space. Need extra storage? The full basement provides ample room to meet all your storage needs. Located right across the street from William Judy Johnson Memorial Park, this home is also next door to a small grocery store and just minutes from restaurants, shopping, and easy access to I-95—offering both convenience and a great community atmosphere. This property also presents a fantastic investment opportunity, with local rental rates averaging around $1,500 per month—making it an excellent addition to any portfolio. Don’t miss your chance to own this move-in-ready home in a fantastic location. Schedule your private tour today!

Details

Property type

Townhouse

Est. home value

$117,697

Lot size

871 sq ft

Price per sq ft

$138

Year built

1905

Annual property taxes

$1,122

HOA

No

Price History

04/08/2025
Bright

Bright #DENC2077596

Price change
$155,000
-6.06%
03/14/2025
Bright

Bright #DENC2077596

Listed
$165,000

Schools & Community

Neighborhood: 

Little Italy

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

RED CLAY CONSOLIDATED

Seller’s Loan History

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

Lender

Jlj Capital Nj Llc

Loan start date

February 2022

Original loan amount

$1,258,400

Est. remaining balance

Not provided

Interest rate

3.11%

Loan type

Commercial

Seller

Frec Vii Llc

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: Active

Tomo last checked: 04/08/2025 at 8:35 PM

Listing updated: 04/08/2025 at 1:06 PM

Listed by: Jessica Stiner, RE/MAX Edge Phone #: (302) 442-4200

MLS: Bright #DENC2077596

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