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1518 Old Farm Road

1518 Old Farm Road, Wilmington, DE 19805
Property in Willow Run
Sold Dec 21, 2021
Transfer
$218,960 by Crosscountry Mortgage Llc
Mortgage Due Jan 01, 2052
Sold Jul 16, 2021
$125,664
Local assessors in Wilmington, DE have categorized 1518 Old Farm Road as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 7,405 square feet. The linear feet between the front and back of the lot was measured at 1,530 ft and the front of the lot was measured at 650 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1518 Old Farm Road has a total of 1,275 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. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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 - D. The building has a gable style roof that was made of asphalt. Lots of stucco were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. The home's a hot water 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. Prior to that sales transaction, the property was sold for $125,664 in Jun 28, 2021. Current property owners are expected to pay $1,095 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 1518 Old Farm Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $32,600. To break that down further, the land itself was valued at $7,200. While improvements to the property were assessed at a total of $25,400. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Building Style

Cape Cod

Driveway

Driveway

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Good
  • Building Quality: D
  • Building Style: Cape Cod
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,530
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,275
  • Gross Building Area: 1,275
  • Building Area: 1,275
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,275
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILLOW RUN SEC 2
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way

Ownership

  • Current Owner : GONZALEZ JESUS
  • Current Owner 2: GONZALEZ SUSAN I
  • Previous Owner : PAARAS LLC
  • Owner Before Previous Owner: SWANSON LETA
  • Owner Before Previous Owner 2: ESTATE OF MILDRED F BRAUCHT
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety
  • Owner Generation Identifier: SR

Neighborhood

  • School District Name: Red Clay Consolidated School District
  • School Tax School District: TRS2
  • Census Tract: 012200

Zoning

  • Zoning: NC6.5

Geography

  • Assessors Map Reference: 07-035
  • District: 07
  • Parcel: 07-035.30-388
  • Block: 2 J
  • Lot: 4
  • Municipality: CHRISTIANA HUNDRED
  • Latitude: 39.7441
  • Longitude: -75.6071

    Address

  • Full Address: 1518 Old Farm Rd
  • Address - House Number: 1518
  • Address - Street Name: Old Farm
  • Address - Suffix Type: Rd
  • State: DE
  • City Name: Wilmington
  • Carrier Code: C024
  • 4-Digit Zip Code: 1264
  • Zip Code: 19805

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,095
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: LC01;TRS2;

    Appraisal Valuation

  • Standard Deviation: 0.1155
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 87
  • Final Value: 216,710
  • High Value: 241,752
  • Low Value: 191,668

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $218,960
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 21, 2021
  • First Open Lien Mortgage Loan Amount: $218,960
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $196,560

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,600
  • Assessed Land Value: $7,200
  • Assessed Improvements Value: $25,400

    Sales

  • Current Sale Contract Date: Dec 09, 2021
  • Current Sale Recording Date: Dec 21, 2021
  • Current Sale Transaction ID: 11875615391
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20211221-0146029
  • Previous Sale Recording Date: Jul 16, 2021
  • Previous Sale Contract Date: Jun 28, 2021
  • Previous Sale Amount: $125,664
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Mortgage Transaction Date: Dec 21, 2021
  • First Mortgage Loan Amount: $218,960
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2052

About Willow Run



Similar Buildings

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Nearby Rentals

Unit for rent at 522 Centerville Rd, WILMINGTON, DE, 19808

$1,650 /mo

  • 2 Beds
  • 1 Bath
522 Centerville Rd, WILMINGTON, DE, 19808 Listing by RH Advisors Bright

Frequently Asked Questions

What neighborhood is 1518 Old Farm Road located in?
The 1518 Old Farm Road is a located in the neighborhood of Willow Run in Willow Run, Wilmington.
What is the average sales price for listings in 1518 Old Farm Road?
The average sales price for units in 1518 Old Farm Road is $0 currently.

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