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$320,000

Beds
2
Baths
1.0
sq ft
990

1903 Lovering Ave, Wilmington, DE 19806

1903 Lovering Ave

WILMINGTON, DE 19806

  • 28 days on market
    • Price drop $9,900↓
Location, location, location!!! Enjoy city living at it's best, and for less than the cost of rent, in this charming brick home! The main floor features living & dining rooms with exposed beams, a brick wall, and hardwood floors, plus a kitchen and breakfast room with loads of potential, a new roof, skylights, and access to the fenced rear yard and brick patio. The second floor features a large primary bedroom with a walk-up loft, perfect for an office or play space, as well as a second bedroom and full bathroom with a tub/shower combo. The basement offers plenty of storage for all your needs. Updates include newer windows, a custom front door, newer furnace, A/C and water heater, and a new flat roof over the kitchen & morning room. This home is walkable to Trolley Square, Rockford Park, Brandywine Park, Brandywine Zoo and is a quick commute to all that the area has to offer. You will not want to miss this one!

Details

Property type

Townhouse

Est. home value

$310,933

Lot size

871 sq ft

Price per sq ft

$324

Year built

1875

Annual property taxes

$2,592

HOA

No

Price History

11/11/2024
Bright

Bright #DENC2070746

Price change
$320,000
-3%
11/09/2024
Bright

Bright #DENC2070746

Price change
$329,900
-0.03%
10/25/2024
Bright

Bright #DENC2070746

Listed
$330,000
+11.86%

Schools & Community

Neighborhood: 

Forty Acres

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks, Street Lights

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

$22,804
Asking price
$320,000
Closing costs (~8% of asking)
-$25,600
Est. remaining loan balance
-$271,596
Cash to seller
$22,804

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

Seller’s Loan History

Lender

Pike Creek Mortgage Services Inc

Loan start date

October 2022

Original loan amount

$280,250

Est. remaining balance

$271,596

Interest rate

5.13%

Loan type

New Conventional, 30 year

Seller

Arockia Smith Joseph

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: 11/22/2024 at 11:10 AM

Listing updated: 11/11/2024 at 6:24 PM

Listed by: Megan Kerezsi, Keller Williams Real Estate - Media Phone #: (610) 565-1995

MLS: Bright #DENC2070746

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