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$264,900

Beds
4
Baths
1.5
sq ft
1,550

702 W 27th St, Wilmington, DE 19802

702 W 27th St

WILMINGTON, DE 19802

  • 55 days on market
    • Price drop $5,000↓
Newly Renovated 4 bedroom, 1.1 bath Twin home in Northwest Wilmington on a lovely tree lined street. Generous sized rooms and tasteful updates make this one to see. When arriving you'll notice dual staircases to the property with pavers and landscaping leading to the oversized, covered front porch. The large living room has refinished, original, hardwood flooring and the entire home has just been painted. The dining room and kitchen have new vinyl plank flooring . A brand new kitchen includes all new cabinets, countertops, new gas range and new microwave. Off the kitchen is a large rear deck with a good sized fenced yard. Upstairs you'll find 4 large bedrooms, all include brand new carpet, and each has it's own ceiling fan. The main bath includes a reglazed bathtub and tile flooring. The basement could be easily finished for more living space and currently has a painted floor, half bath, and the rear walkout through Bilco style doors. All of the windows have been recently replaced, the hot water heater is only a few years old, and there is a new roof covering the front porch. Nothing left to do but move in and make it your own.

Details

Property type

Duplex

Est. home value

$205,223

Lot size

2,178 sq ft

Price per sq ft

$171

Year built

1928

Annual property taxes

$1,589

HOA

No

Price History

12/05/2024
Bright

Bright #DENC2070862

Price change
$264,900
-1.85%
11/19/2024
Bright

Bright #DENC2070862

Price change
$269,900
-1.85%
10/30/2024
Bright

Bright #DENC2070862

Listed
$275,000

Schools & Community

Neighborhood: 

9th Ward Area

Elementary school: 

WARNER

Middle school: 

SKYLINE

High school: 

JOHN DICKINSON

Community features: 

Sidewalks

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

$136,271
Asking price
$264,900
Closing costs (~8% of asking)
-$21,192
Est. remaining loan balance
-$107,437
Cash to seller
$136,271

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

Seller’s Loan History

Lender

Wilmington Trust Co

Loan start date

April 2009

Original loan amount

$162,000

Est. remaining balance

$107,437

Interest rate

5.15%

Loan type

Not Provided, 30 year

Seller

Durron P Cannon and Tiffany M Cannon

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: 12/23/2024 at 1:05 AM

Listing updated: 12/05/2024 at 11:04 AM

Listed by: Stephen Mervine, RE/MAX Associates-Hockessin Phone #: (302) 234-3800

MLS: Bright #DENC2070862

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