1401 Pennsylvania Ave, Unit 912

1401 CONDOMINIUM
Wilmington, DE 19806

$105,000
Last Sold Price
1
Bed
750 Sq. Ft.
$140 / Sq. Ft.
750
Sq. Ft.
$140
per Sq. Ft.
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Closed 7/31/24
Closed 7/31/24
a view of a tall building next to a road

Description

Investor alert Seller is selling off their rental portfolio one at a time and retiring their landlord hat once and for all and is all set to sail away! Seller would like the Buyer to agree to allow the current tenant to remain in the home, as she has been a loyal and excellent tenant for the last 20 years, always paying on time each month and never having been late in all of these years. Rent is $1300 per month currently, so this is the perfect opportunity for an investor, and also anyone in need...Investor alert Seller is selling off their rental portfolio one at a time and retiring their landlord hat once and for all and is all set to sail away! Seller would like the Buyer to agree to allow the current tenant to remain in the home, as she has been a loyal and excellent tenant for the last 20 years, always paying on time each month and never having been late in all of these years. Rent is $1300 per month currently, so this is the perfect opportunity for an investor, and also anyone in need of conducting a 1031 Exchange. The pricing is way below the current market value with the updates needed taken into consideration for the sale price. Unit 402 just sold for $147,500 at the end of April 2024. It truly is a steal and a super smart investment opportunity for the right Buyer! It offers 1 bedroom, 1 bath with parquet floors throughout the main living area and bedroom, and views of Trolley Square from the 9th floor, which are breathtaking the higher you go! Schedule your tour today! At this price, it won't last long. Seller is willing to do a quick settlement.

Property Details for 1401 Pennsylvania Avenue, Unit 912

Tax ID Number
2602040014C0912
Ownership
Condominium
Condo Coop Association
Yes
HOA
No
Entry Floor Number
9
Structure Type
Unit/Flat/Apartment
Style
Unit/Flat
Levels/Stories
1
LISTING UPDATED: 04/03/2025 01:37 PM

Property Details for 1401 Pennsylvania Avenue, Unit 912

StatusClosed
MLS #DENC2063754
Days on Market9
Taxes$1,286 / year
HOA Fees-
Condo/Co-op Fees$583 / month
Compass TypeCondo
MLS TypeResidential / Condo
Year Built1960
CountyNew Castle County

Building

1401 CONDOMINIUM

7 StoriesBuilt in 1960
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Location

Listing Courtesy of Patterson-Schwartz - Greenville

Sold By Patterson-Schwartz - Greenville

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Building Information for 1401 Pennsylvania Avenue, Unit 912

Building/Complex1401 CONDOMINIUMFloor-Stories7Residences-Pet PolicyAllowedPet Policy DetailsPets AllowedYear Built1960

Payment Calculator

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$1,202 per month

30 year fixed, 6.15% Interest

Principal and Interest

$512

Property Taxes

$107

HOA Dues

$583

The Payment Calculator is for illustrative purposes only.

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Property Information for 1401 Pennsylvania Avenue, Unit 912

Location
Location
  • In City Limits: Yes
  • Transportation: Airport less than 10 miles, Bus Stop less than 1 mile, Commuter Rail Station 1 to 5 miles
  • School District Name: RED CLAY CONSOLIDATED
  • School District County ID: 300200396545
  • SchoolDistrictSource: Listing Agent
  • Elementary School: LEWIS (NEW CASTLE DE)
  • Middle Or Junior School: SKYLINE (NEW CASTLE DE)
  • High School: ALEXIS I. DUPONT (NEW CASTLE DE)
  • County: NEW CASTLE
  • MLS Area: Wilmington (30906)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • HOA Condo Coop Mgmt Type: Professional - On-site
  • HOA Condo Coop Fee Includes: All Ground Fee, Electricity, Ext Bldg Maint, Heat, Management, Parking Fee, Sewer, Snow Removal, Trash, Water
  • HOA Condo Coop Amenities: Common Grounds, Concierge, Elevator, Laundry Facilities
  • Property Manager Y/N: Yes
  • Senior Community: No
  • Type of Condo: Condo/Coop Association
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $52,000
  • City Town Tax: $946
  • Clean Green Assessed: No
  • Loss Mitigation Fee: No
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: RESIDENTIAL
  • Automatically Update Tax Values Y/N: No
Lease Information
Lease Information
  • Pets Allowed: Yes
  • Pet Restrictions: Case by Case Basis
Rooms
Main
  • # Bedrooms Count Main Level: 1
  • # Bathrooms Count Main Level: 1
  • # Bathrooms Full Main Level: 1
Rooms
  • Stories: Main
Building Info
Building Info
  • Total Finished SQFT: 750.00
  • Total Finished SQFT Source: Estimated
Lot / Land Information
Lot / Land Information
  • Parcel ID: 2398505
  • Ground Rent Exists: No
  • Land Lease: No
Parking
Parking
  • Type Of Parking: Attached Garage, On Street
  • Num of Attached Garage Spaces: 1
  • Total Garage Spaces: 1
  • Parking Features: Secure Parking
  • Garage Features: Covered Parking
Interior Features
Interior Features
  • Fireplace: No
  • Appliances: Oven/Range - Electric, Refrigerator
  • Accessibility Features: Elevator, Level Entry - Main
  • Security Features: Desk in Lobby, Main Entrance Lock, Resident Manager
Exterior Features
Exterior Features
  • Spa: No
  • Exterior Features: Extensive Hardscape, Fire Escape, Sidewalks, Other
  • Pool: No Pool
  • Horse: No
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Utilities: Cable TV Available, Phone Available
  • Heating: Yes
  • Cooling Type: Wall Unit
  • Cooling Fuel: Electric
  • Heating Type: Hot Water & Baseboard - Electric
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: New Castle County Board of REALTORS

Property History for 1401 Pennsylvania Avenue, Unit 912

DateEvent & SourcePriceAppreciation
Jul 31, 2024

Closed

BRIGHT #DENC2063754

$105,000—
Jul 14, 2024

Pending

BRIGHT #DENC2063754

—
Jul 8, 2024

Listed (Active)

BRIGHT #DENC2063754

$99,900—
Feb 4, 2005

Closed (Public Record)

Public Record #252917592

$75,000—
Dec 31, 1996

Expired

BRIGHT #1006107300

$38,000—
Dec 5, 1995

Listed (Active)

BRIGHT #1006107300

$38,000—
Nov 9, 1995

Expired

BRIGHT #1006108990

$41,000—
Nov 10, 1994

Listed (Active)

BRIGHT #1006108990

$41,000—
DateEvent & SourcePrice
07/31/2024

Closed

BRIGHT #DENC2063754

$105,000
07/14/2024

Pending

BRIGHT #DENC2063754

—
07/08/2024

Listed (Active)

BRIGHT #DENC2063754

$99,900
02/04/2005

Closed (Public Record)

Public Record #252917592

$75,000
12/31/1996

Expired

BRIGHT #1006107300

$38,000
12/05/1995

Listed (Active)

BRIGHT #1006107300

$38,000
11/09/1995

Expired

BRIGHT #1006108990

$41,000
11/10/1994

Listed (Active)

BRIGHT #1006108990

$41,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1401 Pennsylvania Avenue, Unit 912

Taxable ValueLand$9,000Additions$43,000Total$52,000
Home Facts
Beds1Baths2Stories99StyleCondominiumYear Built1960Year Renovated1980Zoning26R-2ACountyNEW CASTLEAPN26-020.40-014-C0912

Schools near 1401 Pennsylvania Avenue, Unit 912

This home is within Red Clay Consolidated School District.
Rating
School
Type
Grades
Distance
Lewis (William C.) Dual Language Elementary School
Public - K to 5
Skyline Middle School
Public - 6 to 8
duPont (Alexis I.) High School
Public - 9 to 12
Meadowood Program
Public - K to 12
Rating
School
Distance
Lewis (William C.) Dual Language Elementary School
PublicK to 5

Skyline Middle School
Public6 to 8

duPont (Alexis I.) High School
Public9 to 12

Meadowood Program
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Patterson-Schwartz - Greenville

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.