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Backup Offers

225 W 7th St, Wilmington, DE, 19801

$265,000

Home List Price

$3,147*

Closing Credit

0 Baths
House
Schools Nearby

Location

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225 W 7th St, Wilmington$265,000

Buyer Closing Credits

$3,147*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingNone
Year Built1890
HeatingNone
CoolingNone
BasementYes
MLS #DENC2056982
Lot Size0.03 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 225 W 7th St

Work being Done Reason Temp Off Market. Entrepreneurs Alert! Bring your vision to this awesome corner location in the hub of the renaissance of downtown Wilmington. Steps from the exciting new restaurant and boutique hotel market st corridor. Remarkable live work zone open floor plan for ground level retail, office, cafe, with potential upper two levels for lofts apts! Property located in Wilmington " Downtown Development District with incentives and grants. Document uploaded in listing.

Property Details

Property Features

Property Information:

  • Architectural Style: Loft
  • Year Built: 1890
  • Stories: 3

Listing Office:

  • Office Name: Tesla Realty Group, LLC
  • Office Phone: (844) 837-5274
  • Listing Agent: Kevin G A Melloy

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

Other

Directions Information:

  • Directions: N dams to w 7th

Price Information

Listing Price Info

Price Summary:

  • List Price: $265,000

Tax Information:

  • Annual Amount: $6,164
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Wilmington, DE.

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Wilmington, DE

City

Med. Sold Price

$308.2K

Med. Price/SqFt

$191

Avg. Days On Market

27

# of Sold Homes

157

225 W 7th St vs Wilmington

61 DAYS ON ROCKET

+34 Days

$265,000

-$43.2K Less

KEY TAKEAWAY

This property is $43.2K less than the Median Sold Price in Wilmington, DE.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #DENC2056982

Listing Office:

  • Office Name: Tesla Realty Group, LLC
  • Office Phone: (844) 837-5274
  • Listing Agent: Kevin G A Melloy

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 3:20:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 07, 2004Home Sold
$81,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,164$149,400
2020$3,743$149,400
2019 - $149,400
2018 - $149,400
2017 - $149,400

History based on county public records data.

Payment Calculator

$1,390

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$861

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3211130
5
/10

  • Kuumba Academy Charter School

  • 519 N Market St

  • 0.14 miles

  • Public Charter Grades KG-6

school-card-donut-3211131
2
/10

  • Bancroft Elementary School

  • 700 N Lombard St

  • 0.47 miles

  • Public District Grades PK-5

school-card-donut-3211132
5
/10

  • William C. Lewis Dual Language Elementary School

  • 920 N Van Buren St

  • 0.54 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,354. The most common annual income of people living in Wilmington, DE is less than $35k. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 225 W 7th St

What is the listing price of this property?

The listing price of 225 W 7th St property is $265,000.

What type of property is this?

The property 225 W 7th St is a house located in Wilmington, Delaware, 19801.

Is this property for sale now?

Accepting Backup Offers: 225 W 7th St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $6,164 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 7, 2004 for $81,000. (source: MLS/tax record).

What is the square footage of this property?

The sq. ft. of 225 W 7th St is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 225 W 7th St is 1890.

Rocket Homes›Delaware›New Castle County›Wilmington›19801›225 W 7th St

This home is located at 225 W 7th St in Wilmington, DE and zip code 19801 in the Downtown neighborhood. This home, which was built in 1890, sits on a 0.03 acre lot. It has been listed on Rocket Homes since February 28, 2024 and is currently priced at $265,000.

Over 52 listings were sold over their listed price in March 2024 in Wilmington, DE. In the same period over 60 listings were sold below the listed price and 45 listings were sold for the listed price. Between February 2024 and March 2024, Wilmington, DE real estate market has seen increase in the number of listings by 7.9%. While the average time on the market in March 2024 was 27 days, the median list price was $308,273.

From Rocket Homes Real Estate and based on county public records data.

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