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$353,296Estimated home value

Beds
3
Baths
2.0
sq ft
2,275

307 Channel Rd, Wilmington, DE 19809

307 Channel Rd

WILMINGTON, DE 19809

  • Sold On 5/23/2022
Excellent opportunity to get a house on a large lot with no HOA. Existing charm and character from original ranch home in 1945, with updated extensive renovations in 1995 to finish off attic area for living space and add Central Air. Main floor has hardwoods and the living room comes with stone wood-burning fireplace. Side porch was enclosed to be sun room equipped with hot tub and wall unit air conditioning. Upstairs is very versatile and can accommodate a variety of needs. There is a full bath and bedroom with large closets and extra living area that has been used as kitchenette and bedroom or den. Garage is oversized and can park two cars deep or have extra storage including the outbuildings. Yard is huge and fenced and in case you need it, an outside shower is available. Full basement allows for extra storage and has a walk out entrance. Bus Route comes to corner of Lore and Channel. This home is being conveyed in "as-is" condition with no warranties expressed or implied. Seller will not do repairs. Inspections are for informational purposes only. Seller may not have any information pertaining to permits and none will be provided. Check this out and see if this is something that can work for you !

Details

Property type

Single Family Residence

Est. home value

$353,296

Lot size

0.26 acres

Price per sq ft

$124

Year built

1945

Annual property taxes

$2,165

HOA

No

Price History

10/24/2024
Bright

Bright #DENC2067696

Removed
$399,900
09/25/2024
Bright

Bright #DENC2067696

Price change
$399,900
-2.44%
09/07/2024
Bright

Bright #DENC2067696

Listed
$409,900
-1.21%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

BRANDYWINE

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

$171,094
Asking price
$279,900
Closing costs (~8% of asking)
-$22,392
Est. remaining loan balance
-$86,414
Cash to seller
$171,094

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

Seller’s Loan History

Lender

Evolve Bank & Trust

Loan start date

May 2022

Original loan amount

$89,900

Est. remaining balance

$86,414

Interest rate

4.72%

Loan type

New Conventional, 30 year

Seller

James S Starling and Deloris Starling

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: Off Market

Tomo last checked: 11/03/2024 at 8:30 AM

Listing updated: 01/12/2024 at 10:21 AM

Listed by: Rufus B Reeves III, Patterson-Schwartz - Greenville Phone #: (302) 429-4500

MLS: Bright #DENC2021778

Bright logo

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