1240 Thatcher Street

Local assessors in Wilmington, DE have categorized 1240 Thatcher Street as a residential type of property. The home was built in 1899 and is 125 years old. It was most recently renovated and altered in 2002. The property's lot size has been calculated to be 1,742 square feet. The linear feet between the front and back of the lot was measured at 850 ft and the front of the lot was measured at 180 ft. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1240 Thatcher Street has a total of 3,264 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. Lots of brick were used in the construction of the exterior walls of the home. The home's a heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1240 Thatcher Street was last sold in Oct 3, 2012 for $30,000. According to our calculations, that's $9.19 per sqft. Current property owners are expected to pay $1,576 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 1240 Thatcher Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $43,700. To break that down further, the land itself was valued at $1,700. While improvements to the property were assessed at a total of $42,000. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation.