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Back 912/1401 Pennsylvania Avenue
Off Market

912/1401 Pennsylvania Avenue

Wilmington DE 19806

1
1
1
750 sq. ft.
Condo
Last sold for $105,000
Barbara FenimoreBarbara Fenimore, last sold this property on 31 July 2024 after 23 days on market.

Overview

**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.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
750 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 1 bedroom condos sold in Wilmington over the last 12 months, the estimated median property value of 912/1401 Pennsylvania Avenue is $162k.

Median value
$162k
Estimated value range
$100k - $300k
Median days on market
10
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Wilmington. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 912/1401 Pennsylvania Avenue

2024
Sold
$105,000
31 Jul 2024 by Barbara Fenimore, of Patterson-Schwartz Real Estate | Greenville Office

Happy sellers in Wilmington

94%
94% of sellers in Wilmington reported that their sale price either exceeded or met their price expectations.

Wilmington stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Wilmington over the last 12 months.

Local market activity for 1 bedroom condos in Wilmington

In the last 12 months, 21 one-bedroom condos similar to 912/1401 Pennsylvania Avenue, have been sold.

This represents a 16% increase in one-bedroom condos sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Wilmington

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Scott Deputy

Sellers who recommend Scott Deputy have praised them for being local expert, responsive, supportive, clear communication, patient, well-prepared, and dedicated

  •   5   (45 reviews)
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  •  2 Sales in Wilmington
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Steven Anzulewicz

Steven Anzulewicz is an award winning recommended agent for Wilmington.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (12 reviews)
  •  1 Review in Wilmington
  •  1 Sale in Wilmington
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Amy Tilley

Amy Tilley is a recommended agent for Wilmington.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (3 reviews)
  •  1 Review in Wilmington
  •  1 Sale in Wilmington
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Nigel Pokoy

Nigel Pokoy is a recommended agent for Wilmington.  They have 7 local sales across the last 12 months.

  •  7 Sales in Wilmington
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