Tenant is in place with good payment track record. This large 3 bedroom home has had recent paint and freshening. Tenant desires to stay. Property is currently rented for $875 per month. 10% down investor loans are plentiful and standard fannie mae programs allow 2% settlement help. With the correct financing package this property could easily generate a consistent 10%+ cash-on-cash return to the investor.<br/><br/>Brokered and Advertised by: Realty Executives Solutions<br/>Listing Agent: Walt Hurtt<br/>
Sold for $100,000
$100,000
1326 Read St, Wilmington, DE 19805
3beds
2baths
1,100sqft
SingleFamily
Built in 1919
1,306 Square Feet Lot
$189,300 Zestimate®
$91/sqft
$1,807 Estimated rent
Home value
$189,300
$161,000 - $216,000
$1,807/mo
Zestimate® history
Owner options
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$1,807/mo
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$1,807/mo
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$479/mo
Est. payment
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$479/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Forced air
Features
- Flooring: Hardwood
- Basement: Partially finished
Interior area
- Total interior livable area: 1,100 sqft
Property
Features
- Exterior features: Brick
Lot
- Size: 1,306 Square Feet
Details
- Parcel number: 2603430097
Construction
Type & style
- Home type: SingleFamily
Materials
- Foundation: Crawl/Raised
- Roof: Other
Condition
- Year built: 1919
Community & HOA
Location
- Region: Wilmington
Financial & listing details
- Price per square foot: $91/sqft
- Tax assessed value: $224,600
Price history
| Date | Event | Price |
|---|---|---|
| 8/22/2024 | Sold | $100,000+33.3%$91/sqft |
Source: Public Record Report a problem | ||
| 5/1/2008 | Sold | $75,000-8.5%$68/sqft |
Source: Public Record Report a problem | ||
| 2/23/2008 | Listed for sale | $82,000+35.5%$75/sqft |
Source: Point2 Report a problem | ||
| 2/12/2004 | Sold | $60,500$55/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $224,600 +809.3% |
| 2024 | $911 +2.6% | $24,700 |
| 2023 | $888 +1% | $24,700 |
| 2022 | $879 +2.6% | $24,700 |
| 2021 | $856 +3% | $24,700 |
| 2020 | $831 +15% | $24,700 |
| 2019 | $723 +4.9% | $24,700 |
| 2017 | $689 -39.8% | $24,700 |
| 2016 | $1,145 | $24,700 |
| 2015 | $1,145 +6.8% | $24,700 |
| 2014 | $1,073 | $24,700 |
| 2013 | -- | $24,700 |
| 2012 | -- | $24,700 |
| 2011 | -- | $24,700 |
| 2010 | -- | $24,700 |
| 2009 | -- | $24,700 |
| 2008 | -- | $24,700 |
| 2007 | -- | $24,700 |
| 2006 | -- | $24,700 |
| 2005 | -- | $24,700 |
| 2004 | -- | $24,700 |
| 2003 | -- | $24,700 |
| 2002 | -- | $24,700 |
| 2001 | -- | $24,700 |
Find assessor info on the county website
Neighborhood: Hedgeville
Nearby homes
- $133,3002 bd1 ba1.1k sqft1328 Read St, Wilmington, DE 19805Off Market
- $--3 bd1 ba1.1k sqft1324 Read St #3, Wilmington, DE 19805Off Market
- $154,3003 bd1 ba1.1k sqft1324 Read St, Wilmington, DE 19805Off Market
- $137,1003 bd1 ba1.1k sqft1322 Read St, Wilmington, DE 19805Off Market
- $289,9004,356 sqft1330 Read St, Wilmington, DE 19805Lot/Land
- $140,6003 bd1 ba1.1k sqft1338 Read St, Wilmington, DE 19805Off Market
- $148,700-- bd-- ba-- sqft1306 Read St, Wilmington, DE 19805Off Market
- $126,8002 bd1 ba900 sqft1333 Chestnut St, Wilmington, DE 19805Off Market
Nearby schools
GreatSchools rating
- 2/10The Bayard SchoolGrades: 1-8Distance: 0.2 mi
- 3/10Newark High SchoolGrades: 9-12Distance: 10.1 mi
Get a cash offer in 3 minutes
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Estimated market value
$189,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$189,300
