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$815,000

Beds
4
Baths
3.5
sq ft
2,712

2425 W 16th St, Wilmington, DE 19806

2425 W 16th St

WILMINGTON, DE 19806

  • 152 days on market
    • Price drop $20,000↓
Welcome to a piece of history in the heart of the sought-after Highlands neighborhood in Wilmington, DE. This newly renovated Victorian home blends classic charm with modern convenience. Featuring 4 bedrooms, 3.1 bathrooms, and a bonus room, this home is sure to please. Approaching the residence, you are greeted by a 36”x7’ open front porch. The main level boasts a living room adorned with floor-to-ceiling bookshelves creating a cozy atmosphere that invites you to unwind. A powder room, full bathroom and a conveniently located laundry room add to the practicality of this level. Adjacent to the living room is a family room, providing a private space that can easily transform into a home office or a retreat for relaxation. The sizable dining room is perfect for hosting gatherings and entertaining friends and family. From the dining room you enter the heart of the home - the large eat-in kitchen. Featuring new appliances, a Dacor range, and pantry, this kitchen caters to the needs of a modern lifestyle. Ascending to the second level, you discover the primary bedroom, complete with a walk-in closet and an ensuite bathroom offering a luxurious retreat. A spacious second bedroom and third full bathroom round off this level of the home. The third level is dedicated to two additional bedrooms and a bonus room, providing flexibility for various needs. A large, screened porch leads to the open, and generously sized, backyard. At the back of the property, you find the 20’x20’ detached two-car garage accessed by a private street. This adds both convenience and security. The home is equipped with two new gas heaters, two new air conditioning units, a mini-split unit, a new gas hot water heater, new windows on the first and second levels, and updated electric with a 200-amp panel, ensuring modern comfort and efficiency. Situated just a short distance from the picturesque Rockford Park and the vibrant restaurants and shops in Trolley Square. Easy access to I-95 and Route 52 for commuting to Downtown Wilmington, Washington DC, Baltimore, Philadelphia, and New York City. Close to Amtrak and the Philadelphia International Airport. The seller sweetens the deal with a one-year home warranty, providing peace of mind for the lucky new homeowner. Don't miss the opportunity to own a piece of Victorian elegance in this highly desirable neighborhood. Seller is a licensed Realtor in DE.

Details

Property type

Single Family Residence

Est. home value

$433,035

Lot size

0.24 acres

Price per sq ft

$301

Year built

1900

Annual property taxes

$3,703

HOA

No

Price History

06/11/2024

Bright #DENC2055714

Price change
$815,000
-2.4%
02/01/2024

Bright #DENC2055714

Listed
$835,000
+169.35%
09/30/2020

Bright #DENC508376

Sold
$310,000

Schools & Community

Neighborhood: 

The Highlands

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

Sequel Investments Inc

Loan start date

April 2021

Original loan amount

$565,000

Est. remaining balance

Not provided

Interest rate

3.02%

Loan type

Not Provided

Seller

2Gen Investments 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: 07/02/2024 at 7:25 PM

Listing updated: 06/11/2024 at 1:53 PM

Listed by: Peggy Centrella, Patterson-Schwartz-Hockessin Phone #: (302) 239-3000

MLS: Bright #DENC2055714

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