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$145,000

Beds
3
Baths
1.0
sq ft
1,275

17 Cedar St, Wilmington, DE 19805

17 Cedar St

WILMINGTON, DE 19805

  • 2 days on market
Investors Alert! Add this one to your portfolio. This generously sized semi-detached home would be a great turn-key investement property or an ideal starter home, located within the city limits on a quiet street. There is a huge living room/dining room combo. The upper floor has 3 bedrooms with 1 bath. The fenced in wrap around backyard is large with lots of space. There is currently a good paying tenant living in the property that wants to stay. All showings must give 48 hours notice!

Details

Property type

Duplex

Est. home value

$131,178

Lot size

2,178 sq ft

Price per sq ft

$114

Year built

1915

Annual property taxes

$1,450

HOA

No

Price History

03/01/2025
Bright

Bright #DENC2076820

Listed
$145,000
+93.33%
09/08/2020
Bright

Bright #DENC497972

Sold
$75,000
+123.88%
05/29/2014
Bright

Bright #1002800578

Sold
$33,500

Schools & Community

Neighborhood: 

Browntown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

CHRISTINA

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

$79,219
Asking price
$145,000
Closing costs (~8% of asking)
-$11,600
Est. remaining loan balance
-$54,181
Cash to seller
$79,219

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

Seller’s Loan History

Lender

Nfm Inc

Loan start date

September 2020

Original loan amount

$60,000

Est. remaining balance

$54,181

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

Byron Christopher Chavis

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: 03/03/2025 at 11:10 PM

Listing updated: 03/01/2025 at 5:04 PM

Listed by: Marcia A Brunswick, RE/MAX Edge Phone #: (302) 442-4200

MLS: Bright #DENC2076820

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